Your inventory is not there to create sales, it is there to SUPPORT sales. Thinking that MORE inventory will lead to more sales is a costly mistake. Excess inventory leads to MARKDOWNS. The inventory you order must be based on reasonable or even conservative estimates of your sales. You can always get more merchandise, but you can’t always sell it!. You need to think about who your customer is and what they buy. You need to consider your location, your weather, your tourism and every other factor that will lead you to forecasting an accurate sales plan. No one has a crystal ball, but without spending energy on past sales and future forecasts, you will wind up guessing in the marketplace and that always leads to OVERBUYING.

A solid sales plan coupled with reasonable turn rates will enable your OPEN TO BUY program to develop a buying plan in each of your merchandise Departments that will guide you in your ordering. Following this plan will greatly simplify your life and leave you with a positive cash flow and the time to attend to the other important tasks of retailing. Your open to buy plan will help you to analyze your actual sales compared with your projected sales at the end of each month and allow you to make revisions moving forward to keep your buying right on target. Another advantage of buying with this restriction is that it forces you to choose better items. Everything about working with OTB will benefit you and your store.

The information in this and the following blog posts will help you on your way to an OTB plan and we are always available to answer your questions. The truth is that it is dramatically more cost and time efficient to subscribe to myotbplan.com. But whatever gets you using open to buy, we want to help.

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?

#opentobuy #myotbplan #retailsuccess #reducemarkdowns #stopoverbuying #retailbuyingplan #knowhowmuchtobuy #improveturnover


Subscription Information

By filling out the form below, you are merely indicating your interest in becoming a subscriber to myotbplan.com. The cost per store is $150 / month and includes 30 departments. Additional departments are available at 10 departments for $25/month.

We will call you (if you are in the US) or email you with additional information and ask for your credit card information as the subscription cost is charged to your credit card automatically every 30 days.

There is no contract and every subscriber is covered by our Performance Guarantee. The system is supported from 9AM to 7PM PST 365 days a year and you are encouraged to call as often as you have questions.

You will be required to read our general instructions before you begin filling in your data and there is detailed information about each screen on the screen you're working by simply clicking the Help icon at the top.

The program is easy to use, accurate, affordable, accessible, supported and guaranteed. It's simply the best open to buy plan available. We will contact you as soon as we received your information. Please be complete.

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