Making decisions on the fly is second nature to retailers, but many of those decisions are wrong and lead to problems and more decisions. Hire more help? Expand the store? Open another store? Move things around? Add more promotions?
And of course, the biggest decision is HOW MUCH SHOULD I BUY? Along with that – should I grow a department? Or shrink it? Or dump it? The biggest decisions are all about merchandise and can only be made properly with OPEN TO BUY PLANNING. Planning that must be done before you are sitting in front of a rep.
With open to buy as your compass, you’ll know which direction a department is headed. You’ll know whether to buy more or cut back. Your plan will be laid out for you and adjusted each month to keep you on track to maximize sales and achieve the greatest turn. It’s definitely a juggling act, but open to buy planning will give you the numbers to make perfect sense of all of it. You wouldn’t fly a plane or hit the trail without a compass and retail is no different. Open to buy will guide you to your destination each step of the way.
myotbplan.com is the best open to buy system available! It’s easier, more accurate, more accessible, better supported, the only one that’s guaranteed and has no contract. You have nothing to lose and so much to gain. Call 310-829-5148 today with your questions or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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