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CONVENIENCE
STORE
The Rise of the Modern-
Day Corner Stores
SANA
SHOUKAT
CREATIVEDESIGNER
03126980387 sanashoukat711@gmail.com
BBA-19-55
8th Semester (A)
MAIN
POINTS
Introduction
Market Analysis
Location and Target
Market
Inventory and Pricing
Challenges
Conclusion
Introduction
Convenience stores have become a staple of
modern society, providing quick and easy access
to everyday essentials.
With the rise of urbanization and busy lifestyles,
convenience stores have become an increasingly
popularbusiness venture for entrepreneurs. And
it is my business idea to open a convenience
store in Pakistan.
Market Analysis
According to recent studies, the convenience store
industry is projected to grow at a steady rate of 4.5%
annually.
This growth is largely due to the changing demographics
of consumers, alot of people like convenience store and
seeking convenient shopping options.However there are
fewor no convenience stores in Pakistan as in Korea and
other countries. So its a good opportunity for me to start
this businessin Pakistan.
Location and Target Market
When starting a convenience store, it is important to
choose a location that is easily accessible and visible to
potential customers.For that reason I decide to open my
store on Katechery road or in Cant.
The target market for convenience stores varies
depending on the location, but typically includes busy
professionals, students, and tourists and these same are
my target customers.
Inventory And Pricing
The inventory of a convenience store is crucial to its
success. It is important to stock a variety of essential
items, such as snacks,drinks, toiletries, and basic
household items. However, it is also importantto cater
to the specific needs of the local community and I
provide all these things to the customer. There are
so many products include in my business so different
products have different prices.
AMOUNT
For start this business I should need the
handsome amount to run my business.For that purpose
I’ll take the loan from Bank and then start my own
business.
CHALLENGES
One of the biggest challenges is managing inventory and
ensuring that the store is always stocked with essential
items.This requires careful planning and forecasting, as
well as effective supply chain management.Another
challenge is managing staffing and ensuring that
employees are properly trained and motivated.It is
importantto create a positive work environment and
provide ongoing training and support to employees to
ensure that theyare able to provide excellent customer
service.
Conclusion
In conclusion, starting a
convenience store should be a
profitable and rewarding business
venture for me. By carefully
considering factors such as location,
inventory, marketing, and staffing,
Moreover with careful planning and
execution,I can create a successful
and sustainable business.

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Business Idea.pdf

  • 1. CONVENIENCE STORE The Rise of the Modern- Day Corner Stores
  • 3. MAIN POINTS Introduction Market Analysis Location and Target Market Inventory and Pricing Challenges Conclusion
  • 4. Introduction Convenience stores have become a staple of modern society, providing quick and easy access to everyday essentials. With the rise of urbanization and busy lifestyles, convenience stores have become an increasingly popularbusiness venture for entrepreneurs. And it is my business idea to open a convenience store in Pakistan.
  • 5. Market Analysis According to recent studies, the convenience store industry is projected to grow at a steady rate of 4.5% annually. This growth is largely due to the changing demographics of consumers, alot of people like convenience store and seeking convenient shopping options.However there are fewor no convenience stores in Pakistan as in Korea and other countries. So its a good opportunity for me to start this businessin Pakistan.
  • 6. Location and Target Market When starting a convenience store, it is important to choose a location that is easily accessible and visible to potential customers.For that reason I decide to open my store on Katechery road or in Cant. The target market for convenience stores varies depending on the location, but typically includes busy professionals, students, and tourists and these same are my target customers.
  • 7. Inventory And Pricing The inventory of a convenience store is crucial to its success. It is important to stock a variety of essential items, such as snacks,drinks, toiletries, and basic household items. However, it is also importantto cater to the specific needs of the local community and I provide all these things to the customer. There are so many products include in my business so different products have different prices.
  • 8. AMOUNT For start this business I should need the handsome amount to run my business.For that purpose I’ll take the loan from Bank and then start my own business.
  • 9. CHALLENGES One of the biggest challenges is managing inventory and ensuring that the store is always stocked with essential items.This requires careful planning and forecasting, as well as effective supply chain management.Another challenge is managing staffing and ensuring that employees are properly trained and motivated.It is importantto create a positive work environment and provide ongoing training and support to employees to ensure that theyare able to provide excellent customer service.
  • 10. Conclusion In conclusion, starting a convenience store should be a profitable and rewarding business venture for me. By carefully considering factors such as location, inventory, marketing, and staffing, Moreover with careful planning and execution,I can create a successful and sustainable business.