![\"Expansion](\"https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2021\/02\/ARF-Blog-02222021-1024x538.jpg\")
When many people hear the word, \u201cexpansion,\u201d they usually think of physically making something larger. But, that doesn\u2019t necessarily have to be the case when you\u2019re talking about a business with limited space. Expansion can also mean broadening your selection of products or services for your customers. Let\u2019s go over some expansion ideas for your liquor store that doesn’t require breaking out the hammer.<\/p>\n
Add a Local Products Section
\nEveryone loves to support local businesses. It gives them a since of hometown pride and helps give back to the community. So, adding a local products section to your liquor store is a no-brainer in terms of attracting new customers and appealing to your loyal patrons. Reach out to local vendors and distilleries to see how your liquor store can partner with them to create something great for your customers and your store.<\/p>\n
Don\u2019t Focus on Just Drinks
\nWhen someone comes into your liquor store, they may be needing more than just alcohol. Adding a section of party supplies like cups, plates, napkins and utensils will be very handy for customers that are looking for that special drink to go along with their party. You can also add fun accessories like unique wine bottle stoppers, can koozies, and drink markers to your inventory to increase sales.<\/p>\n
Create a Drink of The Month Club
\nAnother unique way to expand your liquor store is to add a drink of the month club. Ask customers to be a part of this program to gain their contact information for marketing promotions, and in exchange they can get special promotions on a specially selected drink for that month. Or you can provide exclusive flavors just for the customers enrolled in the program to really gain their attention, and you could charge a small fee to be in the club.<\/p>\n
Add a Tasting Room
\nThis one may require adding some square footage to your building if you don\u2019t have the space, but a tasting room will give your customers the ability to try out new brands and flavors before they buy them. This will be a great value proposition for your marketing efforts and appeal to all of your customers. Having a separate area isn\u2019t necessary to provide samples to your customers but creating a bar area will add to the appeal and experience for your customers.<\/p>\n
If these expansion ideas for your liquor store got your wheels turning and you\u2019re ready to start expanding your liquor store, let\u2019s get you the working capital you need to make these ideas a reality! Our online application takes just a few minutes to complete and you will receive an offer\u00a0 with no obligation to borrow and no hard credit pulls when you apply. After you receive your offer, one of our awesome loan consultants will be in touch with you to go over your options and help you finalize your loan. Then all you have to do is decide which project you\u2019ll start first!<\/p>\n","protected":false},"excerpt":{"rendered":"
When many people hear the word, \u201cexpansion,\u201d they usually think…<\/p>\n","protected":false},"author":13,"featured_media":35888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[128,684],"tags":[398,402,400,399,443,386,578,535,697,220,213,345,116,173,536,117,597,594,516,401,224,222,172,226,142],"class_list":{"0":"post-35887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-day-to-day-business-operations","8":"category-liquor-store-financing","9":"tag-affordable-business-loans","10":"tag-affordable-small-business-growth","11":"tag-business-expansion","12":"tag-business-growth","13":"tag-business-line-of-credit","14":"tag-business-loans","15":"tag-covid-19-pandemic","16":"tag-equipment-leasing","17":"tag-expansion-ideas-for-your-liquor-store","18":"tag-flex-pay-loans","19":"tag-line-of-credit","20":"tag-restaurant-expansion","21":"tag-restaurant-financing","22":"tag-restaurant-funding","23":"tag-restaurant-leasing","24":"tag-restaurant-loans","25":"tag-restaurant-reopening","26":"tag-restaurant-reopneing","27":"tag-restaurant-trends","28":"tag-small-business-expansion","29":"tag-small-business-financing","30":"tag-small-business-funding","31":"tag-small-business-growth","32":"tag-small-business-loans","33":"tag-working-capital"},"acf":[],"yoast_head":"\n