Why Retail Businesses Should Consider Storage Rentals

Why Retail Businesses Should Consider Storage Rentals

Why Retail Businesses Should Consider Storage Rentals

Raise your hands if you are struggling to find space for all your business inventory. As a retailer, this is probably an all too familiar occurrence for you. Fortunately, this issue can be easily resolved with storage rentals!

So why should you rent a storage unit? Well, that is because it provides you with “mini-warehouse” facilities at a fraction of the cost of a warehouse storage rental. But cost-saving is just one aspect of it. Check out several compelling reasons for getting a storage rental. 

Reason #1: Extra inventory space

Extra inventory space-storage rentals Singapore

Retail space management is crucial to the success of your business. Whether you operate an aisle in a larger shared retail space or a small boutique shop, every inch matters. After all, you will want to showcase your diverse selection of products to ensure there is something for everyone. This often leaves little to no room for your extra inventory. 

A storage unit allows you to keep excess inventory on hand without having to rent or buy larger retail spaces, which are often costly and impractical. Additionally, with 24/7 access, you can always replenish your supplies at your convenience. 

Reason #2: Take advantage of bulk deals

Take advantage of bulk deals-storage rentals Singapore

Everyone loves a good deal, even businesses. Unfortunately, discounts are often only available to retailers who order in bulk, which can be challenging for small retail businesses with insufficient space to store large quantities of their products. 

With a storage unit, you can now take advantage of bulk discounts by ordering larger stock quantities and storing the items within the unit itself, which can be beneficial if your business sells products with long shelf life or has steady demand year-round.

By ordering in bulk and storing the excess inventory, you not only save money on the cost of the goods but also reduce replenishment frequency, saving you time and money on shipping and logistics.

Reason #3: Store seasonal products and decorations

Store seasonal products and decorations-storage rentals Singapore

Merchandise goes in and out of trend quickly. Additionally, you may have seasonal products adorning your store to capitalise on the holiday seasons. Unfortunately, such items take up valuable shelf space that could and should be dedicated to consistently top-selling products.

By using your storage unit to store products that are out of trend or out of season, you can free up room for new or popular inventory, which is beneficial for businesses with limited retail space or that only sell seasonal products during specific times of the year.

Learn More: 4 Tips To Store Your Off-Season Items

Reason #4: Enjoy last-mile fulfilment services

Enjoy last-mile fulfilment services-storage rentals Singapore

When orders get overwhelming, don’t you wish you have assistance with last-mile fulfilment? At Work+Store, we can provide storage and offer a helping hand with your fulfilment process! By outsourcing these services to us, you can streamline your warehouse logistics management and have everything done under one roof with a dedicated workforce. You can leave the logistics and fulfilment tasks to our experts and focus on what matters most to you – growing your business.

As you can see, there are plenty of benefits you stand to enjoy as a retailer when renting a storage unit in Singapore. So if you have yet to consider storage rental, you may wish to do so as soon as possible! Moreover, you do not have to search far to find your ideal provider. At Work+Store, we provide various storage unit sizes to fit any business requirements. Do not hesitate to contact us today to request a quotation.

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