Selling beer is important to your business, and it’s one of the best traffic drivers in the convenience store industry, offering greater market basket opportunities. The alcohol options on your shelves matter, and are also critical to moving product quickly and increasing profit margins. You’re tasked with deciding what products are best for your business, and these choices can make all the difference. What choices can you make to grow your beverage alcohol business?
One of the most challenging parts of maintaining a desirable beer selection is to know what consumers are buying in your area, and adjusting your inventory based on market trends. A recent study, brought to you by Fintech®’s InfoSource™, has identified a list of established beers growing across the country. These beers have shown positive growth in 2017 over 2016. Which of these beer brands are you selling today?
Click here for InfoSource regional trends across the country.
In today’s world of diverse beer drinkers, ranging from big brand loyalists to microbrew connoisseurs, a combination of mainstream and smaller batch brews are necessary in keeping your business fresh and competitive. Knowing what brands are trending, paired with understanding your own purchasing habits, is key to making the best product decisions to fill your cooler space.
Beverage alcohol management solutions, like industry leader Fintech®, can help you evaluate your own alcohol purchase data and empower you with information to make smarter choices when stocking your shelves. Fintech delivers cutting-edge, strategic solutions that range from purchase order, reconciliation, and data reporting, to price book management, payment compliance adherence, and regulatory resource connectivity.
Fintech and ADD Systems have developed a seamless integration, making all of these benefits available to you. ADD Systems clients are eligible for a FREE 30 day trial of Fintech’s OneSource® solution. Contact Fintech today at 813-452-3853 or firstname.lastname@example.org.