How to get the ball rolling on your olive oil business
Your staring at this screen wondering how to get started with an Olive Oil business. Chances are you have visited an Olive Oil store or know someone who owns one and think that it's a good business idea. Or maybe your wondering if owning a store is something to do after you retire. Whatever your reason may be owning and operating an Olive Oil business is rewarding but challenging at the same time. The goal of this article is not to give you an A to Z plan but to provide you with a brief checklist of things you should consider.
Opening an Olive Oil Storeis a task that brave entrepreneurs often take on whole-heartedly. This business niche' is one filled with peoplewho are passionateabout food that is not only healthy, but also great-tasting.Starting an Olive Oil Storerequires precision, a lot of forethought, and detailed planning. Many business decisions are going to be made such as:
What Bulk Gourmet Olive Oils, Wholesale Balsamic Vinegars , Flavored Balsamic Vinegars and Infused Olive Oils will you need to order from your Olive Oil Store Supplier?
Where will the Olive Oil retail location be?
Will you need to invest in upgrades for the retail location?
Will you need to hire an interior designer or purchase olive oil store decor yourself?
What company will you purchase your Gourmet Olive Oils and Balsamic Vinegars from?
And the list of decisions goes on...
Even though opening an olive oil store is a big task,it doesn't have to be a difficult task. We have somegreat tipson opening your olive oil store that will keep you organized, thorough, and will ensure that in the end, yourolive oil store is exactly how you envisioned it.
Stay Organized:Purchase a large 3-ring binder, subject dividers, and holed pockets for loose papers. This will help you keep all of your information in one place. Use the dividers to start sections for each phase of your project. Initially, you'll have a section for your Trademarks, logos, LLC or corporate filings, and so on. Start a new section for each big phase and place all of your notes, papers, and copies of signed papers in this location. If you need to purchase more than one 3-ring binder, then you should!
Create a Business Plan:It goes without saying that a solid business plan in ideal to have in place. This business plan should contain information on your brand, your financial goals, product costs, mark-ups, and so on.
Decide on the detailsof your store name, logo, and brands. Remember that this is going to foster the overall theme, culture, and concepts of your olive oil store, so make sure it is something that really speaks to your company culture, as well as the persona that you'd like your products to carry.
Location, Location, Location:Finding your location should be one of the most important parts of your business planning, Make sure it's in an area that you know well. You want this locale to be well-trafficked (especially by people walking by), nice, and seasonally-friendly. Downtown shopping areas are perfect locations for most olive oil stores and specialty food stores.
Websites, Social Media, and Social Shopping: Since many people have never heard of an olive oil store before, it's a great idea of have a website that outlines your store, it's story, and it's product line. Including information on why these products are healthy will be the icing on the cake! Hiring a website designer is an important process.
Get Media Attention:When launching a new olive oil store, local media coverage is imperative to a successful start. Hiring a Marketing Consultant or a PR agent could be one of the best investments you'll ever make. They'll send out press releases to local media, and help you generate buzz that will start your olive oil store off on the right foot.
Source New Products Often:Since your store will carry more than just Gourmet Olive Oils and Balsamic Vinegars, you will want to be sure that you are always changing your product line to whatever may be seasonally relevant. If you are opening your olive oil stores in between seasons, be sure to be prepared for the next upcoming season. Gourmet Food products are popular at Olive Oil Stores and can be sourced in wholesale and bulk quantities for suppliers such as Cibaria Store Supply.
Considering Cibaria International As Your Olive Oil Supplier?
We're not a franchise:We don't require contracts or exclusivity of any kind. It's YOUR Olive Oil Store, your brand, and you can stock it with whatever your heart desires!
Trusted & Reliable:We have some of the fastest turn around times in the industry. When we say something is going to ship, it ships. When we say that we have something in stock. It's in stock.
Quality Product:We're your trusted and reliable source for Bulk Gourmet Olive Oils and Vinegar's, in addition to glass bottles, caps, fustis, pour spouts, and more!
Top Notch Support:We're here to ensure that your Olive Oil Store runs smoothly, every step of the way! We believe that good experiences keep customers, which is why we have some of the best customer service available.
Success Is A Two Way Street:When you succeed, we succeed! We're not your tipical distributer. We offer resources, tips and tools to help you run a successful business along with a friendly and helpful staff members that want to help.
We're constantly listening!:Need special Flavored Balsamic Vinegar's, or are your Olive Oil Store customers asking for something in particular that we may be able to source for you? We listen to you. If you have a special request just ask.
Here are some of the resources that we offer to our Olive Oil Store Customers
When you sign up for a reseller account with Cibaria International you'll receive a wealth of tools and information to help you sell. We include all of our quality assurance statements, nutrition labels, marketing materials, recipe cards, specification sheets and many many more. We hope that you let Cibaria International be your go to destination for quality oils and balsamic vinegars.
Would you like to glance at our inventory?
While it's mandatory to have an account to view prices, we don't stop you from viewing our inventory. That way you will be able to browse through our vast catalog of products from oils and balsamic vinegars tofustisand bottles.
The first thought that comes to mind is whether or not this business venture will work, or if there's enough of a demand to gain a profit. While these risks are "just part" of being an entrepreneur the greatest advice that you may receive is that you need to do your homework. While Olive Oil & Balsamic stores are an excellent business idea, the olive oil industry is a very unique business.