“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. ...

It’s the afternoon of New Year’s Eve. Your liquor store is buzzing, with customers constantly walking through your doors, filling their baskets with celebration essentials, and streaming through the checkout line.