My Open To Buy Plan vs. Your OTB Service.

A while back, another profit driven retailer subscribed to MYOTBPLAN.COM. As I spoke with him to get background, store information, and credit card information, he revealed he had been using an open to buy consulting service for the past five years.

They were charging him $1,200 a month to see him once a month with a stack of reports. That’s not a typo. Now, I realize services are expensive since you are basically paying the reps salary, but if a retailer nets 10% (and not all do), it would take at least $12,000 in additional sales each month just to cover that expense.

And it gets worse. This retailer is bright and motivated and set up his data on MYOTBPLAN.COM the night I sent him his login information. The next day, he called and we both logged into his data and I took him step by step through the program. The good news is that every time I do that, I find that the program is really complete, easy to understand, easy to use, and puts the information that retailers need at their fingertips. The bad news is that after five years with this consulting service and all of those invested dollars for their “service”, he was grossly over inventoried and his turn rates were tragically low.

We had a couple more conversations and he is totally committed to reducing his inventory, raising his turns and getting profitable using MYOTBPLAN.COM. And now he’s paying just $150 per month and can speak with me anytime he desires and we can review his data and keep him on target. Aside from the obvious savings each month in fees, he is on the path to real profitability.

Whether you’re using a service, other software or trying to figure it out yourself, it would be a wise decision to subscribe to MYOTBPLAN.COM. With our Performance Guarantee and 10/7 support, there’s no risk and you’re never alone. Wouldn’t you like to know how much to buy, in each merchandise category, for each month, 12 months ahead based on your projected sales and desired turn rates? With MYOTBPLAN.COM you will!

 

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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!