Retailers get so busy doing all of the things they do, that they don’t understand why it’s not paying off. And it never will until they get the help they need to actually make money. Retail is fun and involving and more work than anyone realizes. But it can be controlled and set up to … Read more
Markdowns are a way of life to most retailers. Buy too much, sell some, mark down the rest to make room and raise cash. And on it goes. Here’s the problem – when you sell an item at full price, you cover the cost of the item, and make a contribution to overhead and profits. … Read more
Many retailers fill their store with wonderful merchandise and the more, the merrier. Because they love it and they know their staff and their customers will also. But look again and you’ll see that all that great merchandise is actually YOUR MONEY! You have to pay for it. You have to pay to house it. … Read more
Fact No.1 – Every retailer needs an open to buy plan. Trying to operate without it is really foolish and always leads to missed sales, bloated inventories, excess invoices, markdowns, and negative cash flow. Fact No. 2 – Every retailer needs an open to buy plan. A good OTB will keep inventories at the right … Read more
A very long time ago, my father bought a half interest in a small retail store in Santa Monica. He urged me to join him, but I knew I would hate being stuck in a store all day. But I was at a cross roads so I decided to give it a try. Well, I … Read more
On the surface, retailing is about merchandise. But it’s not, it’s about money. And the route to making money is dictated by math. Everything boils down to the numbers, without them you’re like a ship without a sail or an engine. Your chances of success are slim, but even so, retailers continue to try to … Read more
Obviously, if you make the right decision and subscribe to myotbplan.com, I’ll be thanking you. But that’s just the beginning. As soon as you get the system set up, you’ll be thanking ME! Because you’ll suddenly be in total control of your store. You’ll know where your current inventory and your future orders are out … Read more
Of course, Covid-19 is raising havoc with everything in retail. Will you be open or closed. Will you be adding online selling or going online exclusively and for how long. Will you be offering pick-up service or selling from Instagram and shipping. At least you have options. During all of this uncertainty, you want to … Read more
It’s easy and tempting to use credit cards to buy inventory. And you get miles! But the truth is that credit cards come with huge interest charges which can kill your profits. If you have to use them, you need to begin to build your credit so you don’t have to use them in the … Read more
Crystal balls are for carnivals. No one can really see the future. But you can (and should) still plan for what’s coming. If your planning is on target – great! If not, be sure that your means of planning is reactive to change as you move forward. We are in strange times and things keep … Read more
Grab a cup of coffee and give me a call. I’ll ask you a couple of questions – your annual sales and your current inventory level – and we’ll talk about improving your turnover, cutting your invoices, reducing markdowns and increasing your cash flow. All that in just 5 minutes. I’ve been helping retailers better … Read more
Retail pain is caused by swollen inventories and choked off cash flow. These disorders appear as retailers continue to buy more and more merchandise without proper planning. Bloated inventories bring excess invoices and devour potential profits as it depreciates on the shelf. Insufficient inventory results in missed sales. The panacea is open to buy planning! … Read more
By filling out the form below, you are merely indicating your interest in becoming a subscriber to myotbplan.com. The cost per store is $150 / month and includes 30 departments. Additional departments are available at 10 departments for $25/month.
We will call you (if you are in the US) or email you with additional information and ask for your credit card information as the subscription cost is charged to your credit card automatically every 30 days.
There is no contract and every subscriber is covered by our Performance Guarantee. The system is supported from 9AM to 7PM PST 365 days a year and you are encouraged to call as often as you have questions.
You will be required to read our general instructions before you begin filling in your data and there is detailed information about each screen on the screen you're working by simply clicking the Help icon at the top.
The program is easy to use, accurate, affordable, accessible, supported and guaranteed. It's simply the best open to buy plan available. We will contact you as soon as we received your information. Please be complete.
You visited our site because you need an open to buy system or you are unhappy with the one you have. myotbplan.com is the best system available and there's no risk to subscribe because there's no contract and your results are guaranteed!
Why not call and let us answer your questions so you can get underway immediately and have your buying plan for the next 12 months. If you want us to call you, just click the Subscribe button below, fill out the form and we'll call you back to explain everything. There's no obligation when you fill out the form, you're only requesting a phone call. So, one way or the other, let's talk!