Crystal balls are for carnivals. No one can really see the future. But you can (and should) still plan for what’s coming. If your planning is on target – great! If not, be sure that your means of planning is reactive to change as you move forward.
We are in strange times and things keep changing. A lot depends on how patient (or impatient) we are about getting back to “normal”. If you’re like most retailers, you still want to play the game and you want to do it as smartly as you can. That means using “open to buy” planning. While some retailers feel that making assumptions about future sales to populate your open to buy is tantamount to guessing, it really is not. It is merely a starting point because if your open to buy plan is any good, adjustments can be made as you move ahead and see trends developing. It will also tamp down your urge to go big when you’re in a merchandise mart or at a show. You can always get more merchandise, but you can’t always sell it.
There is no crystal ball, but the next best thing is open to buy. With a solid open to buy plan in place any retailer can insure a positive cash flow no matter how crazy it is out there!
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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