Insights & resources for liquor store owners

Smart business owners constantly look for new ways to improve, to thrive, to innovate. And while many small businesses know how to make in-store sales like a pro, it’s important to keep up with the latest trends. For many industries — including the wine industry — that means setting up shop online.

When we think of holidays we associate with indulging in a few adult beverages, Mardi Gras is usually near the top of the list. And for good reason! Mardi Gras is often celebrated with alcohol, with the average person celebrating with about four and a half drinks on the day.

You’re interested in owning a liquor store, but you know the industry is filled with challenges and pitfalls like expensive inventory, legal regulations, and more. How can you mitigate those challenges and create a thriving store?

The new year is almost here — which means it’s the perfect time to give your liquor store a refresh.

Beer is the third most-consumed beverage on earth, ranking just behind water and tea. And if you want to tap into that market and start selling beer, wine, and other non-distilled alcoholic drinks, you need a beer and wine liquor license.

Running your liquor store without a proper inventory management system is like mixing a cocktail with your eyes closed. You’ll have trouble knowing what bottle you’re grabbing and how much you’re pouring… and it will probably taste terrible.

Managing liquor inventory can be a sobering challenge. Stock too much, and you're carrying useless bottles. Too little, and you're losing money. What if tracking all your liquor store essentials was easier?

Liquor stores operate in a unique space. You're an essential business with 30% margins — significantly better than the 7–10% most profitable retailers see. There will always be a market for alcohol.

If you’re looking for a fun way to grow your customer base, boost your sales, and build your liquor store’s reputation as a purveyor of fine wines, it’s time to plan a wine tasting!