Opening brick and mortar kratom store
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Posted Sep 17, 2018, 12:14 PM UTC · locked
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To avoid being persecuted consider having a somewhat diversified product line and don't put kratom in the name, ie sell other herbal products besides kratom and maybe also sell CBD. Also, this will likely pull in a wider customer base who can then have the opportunity to learn about kratom.
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We have like 8 of them in Saint Petersburg. It’s great but the initial marketing is the biggest hurdle. Once you get the product out and known, it’s great money. Google grassroots kava bar, downtown Saint Petersburg Florida. They sell kratom
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Get your Google My Business listed. Wix has a FREE webpage builder you can do in a few hours. Also Yelp - they all want an address to verify your location. The sooner the better
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We've got one here. I've never been, but I have a manager who goes there to buy CBD. Sooo, I guess diversify your product range lol
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Is it possible for a brick and mortar store to compete with the inexpensive online wholesalers? Not sure if there is any profit in this, as it is why many supplement stores shut down and now have to price match online prices to compete.
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Doubtful. It’ll probably face the same issues that all the vape stores did when people went all-in. Lost count of how many of those went under.
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I go to one all the time here in Dallas. While i obviously order 95% of my kratom online, i do pick up products there to try out. It's expensive but they do have high quality kratom and an awesome staff. They have done very well here in their short time. It's called CBD Kratom
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Hopefully they dont schedual kratom. If that happens, mabye turn it into a cbd, vape shop? Hope the best for you!
Of course that is a significant and inherent risk. My state is historically very liberal, although that hardly seems to matter.