The artificial flower business model has been growing quite a bit in various regions because even in the case of an artificial product, we cannot deny that flowers are beautiful, and that is precisely why the demand for them has been on an upward curve. Of course, all this does not indicate that you will be growing in undertaking this business, but it is an interesting option that is worth exploring today.
So with this in mind, in today’s article, we are going to give you some tips to help you set up your artificial flower shop. Take note!
The location will be one of the most important details for those who want to invest in an artificial flower store, so the idea is to search to try to find a commercial point where it can be installed and has good visibility. Setting up your store near party supply stores or even in an area where there are already a good number of stores set up can lead to better sales.
However, before reaching that point, the ideal thing is that you stop for a moment to consider this business opportunity and see if it is worth it or not to open a flower shop there in your city. All you have to do is talk to some people on the street to see if they would be interested in the product, or if they are in the habit of buying flowers, and consider if artificial flower shops or florists are operating in your region.
Where to buy artificial flowers for sale
It is best to buy these products wholesale for resale, many companies distribute artificial flowers, see some below:
Apart from these, there are many more, you just have to do a simple search on the Internet, because there you will find several companies in the sector where you can buy flowers to resell.
How much does it cost to set up an artificial flower shop?
The investment to open an artificial flower shop will depend on the size of the shop, the location, and other factors. In general, you will need to rent a commercial point, make a good decoration of the store, buy artificial flower displays, a service balcony. You will have to buy your initial stock of flowers and other fixed expenses that will be necessary. With all this, the average investment will be around US$3,000 to US$20,000, depending of course on the structure of your store.
Legalization of shop
Another factor that will undoubtedly require a small investment will be the legalization process. In this case, the ideal is to hire the services of a professional specialized in law or an accountant to help you with the legalization of your new store.
The work and staff of the shop
An artificial flower store will sell its products mainly to people or companies that want to decorate any type of
- Children’s parties
- Business offices
or any other environment where this type of flower fits.
On the other hand, it is very important that you focus on customer service and customer loyalty. This will help the growth of sales in your store, so always try to attend in a good mood. Make promotions at certain times of the year, innovate and create a good relationship with each of your customers.
The work when opening an artificial flower shop can be very intense, but it is always good to hire at least one employee to help you on the day since it is very important to take care of the general cleanliness of the shop and the products.
How to advertise
The ideal is to invest in buying advertisements in local newspapers, spread it on a particular radio program, create your business cards and, last but not least, use social networks to have a greater reach.
Is setting up an artificial flower shop profitable? Is it worth it?
The truth is that this business gives to have a good monthly billing, because the products can give up to 200% profit for each sale and, in addition, the demand for flowers of this type is more and more frequent.