Introducing Liquor Bee’s 80/20 Report: Know What Drives Your Business

At Liquor Bee, we believe great inventory management starts with knowing what matters most.

That’s why we’re introducing our new 80/20 Report, built around a simple but powerful idea: The Pareto Principle.

What Is the Pareto Principle?

The Pareto Principle, commonly called the 80/20 Rule, is the idea that roughly 80% of outcomes come from 20% of causes.

Businesses have applied this concept in countless ways. One of the most common examples is:

20% of your customers may generate 80% of your revenue.

But for a liquor store, we think there’s another extremely valuable way to look at it:

Which 20% of your items are driving roughly 80% of your revenue?

Liquor Bee's new 80/20 Report helps you answer exactly that.

Find the Products That Form the Foundation of Your Business

Liquor Bee analyzes your previous 90 days of sales to identify the products responsible for the majority of your revenue.

Instead of looking at thousands of SKUs equally, you can quickly see the relatively small group of products that are doing the heavy lifting.

These are the items you especially don't want sitting at zero.

If an item is part of the 20% driving the majority of your revenue, knowing that it's out of stock—or getting dangerously close—gives you an opportunity to act before missed sales start adding up.

Don't Just Know What's in Stock. Know How Long It Will Last.

Identifying your most important products is only part of the equation.

Liquor Bee's stock reporting helps you look forward by forecasting approximately how many days of inventory you have remaining based on recent sales activity.

You can run reports around different stock thresholds—such as 1 week, 2 week, 3 week, or more of inventory remaining—to identify products that may need your attention soon.

And when an important item is completely out of stock, the report makes that clear so you know it's time to reorder.

The goal is simple: don't wait until the shelf is empty to realize you have a problem.

The 80/20 Rule Directly to Your Shopping Cart

The 80/20 concept doesn't stop with reporting.

We've also integrated 80/20 directly into the Liquor Bee shopping cart, making the insight actionable when it's time to place your next order.

While building an order, you can easily filter your shopping cart based on 80/20 items. This allows you to quickly focus on the products that have been responsible for the majority of your revenue over the previous 90 days.

Build the Foundation Before You Differentiate

Variety absolutely matters in a liquor store.

Unique products, allocated bottles, local brands, interesting wines, and a broad selection can all help differentiate your store from the competition.

But differentiation works best when the foundation of the business is taken care of first.

If the products your customers buy every day—the products generating the majority of your revenue—aren't consistently available, adding more variety won't solve the underlying problem.

First, keep your foundation stocked. Then build variety on top of it.

That's what Liquor Bee's 80/20 Report is designed to help you do.

Know what's driving your business.

Know what's running low.

Know what needs to be reordered.

And keep your most important products on the shelf.