Do you own a CBD shop or plan to open one? The Global Cannabidiol market is expected to account for USD 136.64 Billion by 2029.
CBD has been found to help people with anxiety, arthritis, muscle soreness, and menstrual cramps, to name a few. If you’re selling CBD, you’ll need to set up shop.
You’ll need to decide on CBD store hours and days. Working within CBD store hours allows you to ensure that you’re providing quality CBD products to your customers.
Keep reading to learn how to determine your CBD store hours.
Consider Your Target Audience
The process of starting a CBD business can be a bit overwhelming; you need to consider your products, is CBD Isolate Lab-Tested?
But once you have your business plan figured out, one of the first things you need to do is set your store hours. If your target audience is working professionals, you’ll likely want to be open during the week and closed on weekends.
If your target audience is students, you’ll likely want to be open on weekends and closed during the week. Remember who your target audience is when deciding on store hours and days.
You will also need to consider your customer base and when they are most likely to shop. You will want to ensure you are open when your customers are most likely to shop.
Staying Open Late or on Weekends
If your customers mainly work during the week and want to come in after work or on weekends, then you should adjust your hours to accommodate them.
However, if most of your customers are only available during the week, you don’t need to stay open late or on weekends.
You should also consider the foot traffic in your area when deciding on your retail store hours. If many people walk by your store during the evening or on weekends, you should take advantage of that and stay open late or on weekends.
Consider Your Competition
CBD stores should decide their hours and days of operation based on their competition. Look at the open times and days and try to match or beat their hours.
You’ll also want to ensure you’re open when your competition is closed. This will allow you to attract their customers.
Evaluating Your Employees’ Availability
You will need to consider full-time, part-time, and seasonal staff. Finding a balance that allows you to meet customer demand while still providing your employees with a fair work-life balance is important.
Once you know your employee’s availability, you can look at customer demand and trends to decide your store’s hours and days of operation. It is essential to be flexible and willing to change your hours and days of operation based on customer needs.
Setting Your CBD Store Hours
If you are considering opening a CBD store, you must carefully consider your hours and days of operation. You will need to consider the needs of your customers, staff, and budget.
Be sure to let your customers know so they can plan their visit accordingly. The most important thing is to be consistent with your chosen CBD store hours and days.
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