It’s showtime and you’re about to be dazzled. You will be seeing great merchandise and lots of it. You’ll be encouraged by the reps to keep buying. They have all the best items and want you to be sure you have plenty so you don’t miss sales.
If you allow yourself to drink this “cool-aid”, you’re going to be in trouble. Yes, the shows are exciting, but you must have a buying plan based on YOUR anticipated sales and YOUR desired turn rates or you’ll get buried under a ton of merchandise. And every box and bag full of these wonderful items comes with an INVOICE!
Of course, you know that, but it’s easy to get caught up and go with the flow. What the heck, you’ll sell it all, right? Wrong.
You need an open to buy plan and you need it now! Your open to buy plan will keep your buying in check so you buy the newest and best items available to meet your dollar plan. Do that and your trip will be fun and profitable.
Don’t wait until next season. By then, you’ll be marking everything down to help you find cash to pay the bills. Get your open to buy in place right now and your worries are over (if you get the right one).
You’ll rule Vegas if you have an Open to Buy Plan!