My Top Business TipsMy Top Business Tips

About Me

My Top Business Tips

Hello, my name is Harold and this is my new blog. I would like to give everyone some top business tips which will help them to succeed and thrive. I am now 74 years old. I have been involved in setting up my own businesses since I was a young man of 21, so believe me when I say that I have taught myself a thing or two along the way. I see some young people today dressed in their flashy suits, speaking jargon and I despair. I hope you find my blog useful and the advice it contains helps your business to grow.


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Two Reasons Why Supermarket Owners Should Sell Rare Earth Magnets

Here are a couple of reasons why supermarket owners should consider selling rare earth magnets.

These magnets will appeal to a diverse range of customers

Even though these magnets might not be the first item a person thinks of when considering what's typically sold at a supermarket, they could turn out to be a profitable product for a supermarket owner. The reason for this is that rare earth agents can be used for many different purposes, and the customer base of an average supermarket will usually consist of people from a wide range of demographics (because people of all ages, professions, interests and backgrounds need to buy groceries).

These magnets might pique the interest of, for example, families who need sturdy fridge magnets, that won't ever fall off, for hanging meal plans and reminders on their fridge door, as well as those interested in arts and crafts (as these powerful magnets can be incorporated into jewellery and sculptural pieces) and those who want reliably strong magnets to do some simple DIY (such as attaching photos to their walls or creating a magnetic tool rack).

Rare earth magnets can be hard to find in brick-and-mortar shops

The second reason why supermarket owners should think about selling these magnets is that whilst standard magnets (that are nowhere near as strong as rare earth magnets) can be found fairly easily in brick-and-mortar craft shops, rare earth magnets are not as easy to find offline, in spite of how useful they are. As such, those who need these magnets will usually need to buy them on the internet. If a supermarket owner sells these on their premises and ensures they advertise this fact, they could attract customers who might be searching for these in the local area and who prefer not to shop online.

Furthermore, because a typical supermarket sells such a wide range of other products, those who visit a supermarket to buy these magnets might also end up adding a few other items to their basket, too. If for example, a person needs these extra-powerful magnets for their fridge, they might also pick up a shopping list writing pad that they can secure to the fridge with these magnets, as well as a pack of pens. These small extra purchases, made by some of the people who buy these magnets at a supermarket, could amount to noticeably better profit margins for the supermarket owner.