Overly dramatic? Not when you consider the amount of OVERHEAD and PROFIT dollars you give away to your customers in the form of MARKDOWNS. The question is how do you get them back? The answer is you don’t. In order to be profitable, you must sell at least 80% of your inventory through at FULL PRICE. Once you start taking markdowns, you put your cash flow in a bind and there’s no way to make up the loss beyond infusing more cash into your store. You’re not there to support your store. Your store is there to support you!
The only way to end the markdown drain is with OPEN TO BUY planning. With OTB you’ll buy the right QUANTITIES to support your projected sales at the turn rates you desire. This will cut your excess invoices and your markdowns, improve your turnover and your cash flow. With open to buy, it’s all good. You can get back to your creative ways instead of constantly chasing ways to pay the bills. And you will literally watch your stress level drop as you begin to relax and take complete control of your merchandising. You can do it, we can help!
myotbplan.com is the best open to buy system available! It’s easier, more accurate, more accessible, better supported, and the only one that’s guaranteed. We have no contract, you have no risk! Call 310-829-5148 today with your questions at or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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