This was a very busy week.
Blake and I have been going through our catalogs and looking into what
products that we want to carry in the Spring of 2015. Yes, I know that this seems like we are doing
orders way too far in advance, but that is just the way the process works if
you want to get terms for the items you order and so that you know you will
have the product before the season begins.
The orders are not completely a walk in the park to do. There are many factors that go into deciding
what you are going to carry in store. We
looked through what we had sold of certain items the previous year. We looked at how long certain items and even
sizes stayed on the shelves. We have to
take into consideration the amount of space we have available and even the
amount of money we have to spend. One of
the things that I brought to the attention of the owners was that we had some
stuff in shop that was too technical, and thus too pricey, for the area that we
cater to. Sure we will have an
occasional person that is looking to buy a nice down 20 degree sleeping bag for
$299, but by and large you will be better suited stocking bags that are around
the $100 range, because there is actually a need for that in this area. If you can sell four $100 in a few months,
that would be way better than only selling one $300 bag. This means that you have a higher amount of
cash flow, and stock flow. You will not
just have product sitting on your shelves for a year waiting on that one person
who is planning a trip up in the mountains somewhere.
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