Inventory is to SUPPORT sales, not drive them. Increased sales will come from better promotion, better displays and better staffing. If buying MORE were the answer, every retailer would be successful. But retailers keep struggling because their buying outpaces their selling and there is not enough income to cover the bills.
The smart retailers use OPEN TO BUY planning to develop a buying plan to support anticipated sales at desired turn rates. This enables them to sell through almost all of their merchandise at full price and drastically cuts down MARKDOWNS. This creates fresher, faster turning inventory and a positive cash flow.
It’s just too easy to think of increasing sales by buying MORE inventory, but the consequences are dire. Using an open to buy plan takes little time and produces a buying plan that insures you will have the right amount of inventory in the right category at the right time. 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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