Well, we all know nothing’s really easy. There are always bumps in the road, but you have most of the skills to be successful right now. You’re creative, you’re selling products that you love and understand, your displays and advertising are great. You love people and your employees love you and want to do whatever they can to grow your business. Sounds good so far, right?
All of the above attributes will keep you smiling and having fun, but in order for this fun to be profitable, you have to control your buying. That’s where most retailers have their problems. The reps are your pals. They want you to have plenty of their merchandise and it’s hard to say “no” unless you have an open to buy plan.
Open to buy will enable you to develop an inventory plan and then a buying plan based on your anticipated sales and desired turn rates. And, yes, turn rates are critical because the more you turn, the more you make! So, if your buying plan is on target and you stick to it, you can then count on all of your other abilities to help ensure your success.
To make the whole process easy (and this IS easy) you need to subscribe to myotbplan.com. Our program is easy to understand, easy to use, sequential, accurate, accessible from any device, affordable, well supported, guaranteed and has no contract. Even subscribing is easy and in a few hours you’ll have a buying plan to get you on the road to retail success!
#womensboutique #menswearretail #kidsretail #shoesretail #golfshop #giftshop #sportinggoodsretail #bigandtallretail #westernapparelretail #womensclothingretail #bikeshop #opentobuy #opentobuysoftware #opentobuyprogram #retail