Making a profit is every aspiring business owner’s dream — but it’s not always a reality.

“You’ve got to spend money to make money.” It’s an age-old business adage. You know you’ll need to shell out some cash to start your liquor store… but how much? And on what?

When thinking of a liquor store, most people have a pretty standard picture in their head.

Running a liquor store is a nonstop job.

Nothing is trickier than setting prices that attract customers without cutting into profits. A solid liquor store pricing strategy can help you find that sweet spot — no more guesswork, just straightforward steps to balance customer satisfaction with a healthy bottom line.

Nearly a quarter of all retail purchases now happen outside the walls of a physical store.

84% of consumers say they’re more likely to stick with a brand that offers a loyalty program — and your liquor store could be one of them. A well-designed liquor store loyalty program goes beyond giving discounts; it adds a personal touch to every visit and turns casual customers into regulars. ...