Overview of Sari-Sari Store Business
- Capital Investment and Break-Even
- Owner Profile and Product Presence
- Management and Growth Opportunities
From the capital invested into setting up the store and procurement of merchandise, it takes 13 months to break even. Margins are too small for stores to survive without management of goods and people. While some owners overcome challenges, the odds are against others. Investments have risks.
Most stores’ customers are women. Owners are also often women with high school degrees. Instant coffee, laundry products, soft drinks and cigarettes have wide presence despite coffee being top-distributed.
With effective management a store can be a good income source. Look for names alluding to convenience and affordability. Registering brings value and benefits.
Growsari enables stores to replenish stocks affordably. It provides features like pricing tools and inventory management. Packworks utilizes data analytics enabling retailers and brands to make data-driven decisions.
Stores are typically owned to augment family income. Their ability for people to buy tingi makes them unique. With proper money management, they can transition from failure to prosperity: daily inventory, structured management.
Inspired by bringing solar panels to isolated communities, SariPH’s platform allows processing inventory and data collection. It enables accessing financial products and ordering supplies without purchasing hassles.