You are constantly bombarded with ads for almost everything you can imagine. Most of it is noise and of no interest to you. But this is different because buying the right amount of merchandise is critical to the financial health of your store. If you are not working with open to buy, you are guessing about quantities – not the quantities of each item, but the overall quantities in each merchandise department. It is just too easy to overbuy and that’s the beginning of trouble.
Open to buy is based on the two elements that drive your store – sales and turnover. Sales are important, but turnover is the key to making money in retail. The more you turn, the more you make. Too many retailers think of turn in terms of items, but turnover is all about your invested capital. Turning more frequently means a greater contribution to overhead and profits. Higher turn results in fewer markdowns, so it’s all good.
If you’re not using open to buy the time to get started is NOW! If you have open to buy, we offer a better solution. After 35 years of helping retailers make more money in their stores, we have the system that will enable you to actually enjoy retail rather than worrying about your cash flow.
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 at or just fill out the no obligation Subscribe form online and we’ll call you. Why wait?
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