148 THE MODEL STOCK PLAN
trading genius characteristic of some outstanding buyers.
Instead, it is based on using a definite, orderly, scientific
process by which we determine largely in advance what goods
our customers wish to buy, and what prices they are willing
to pay. We then go systematically about obtaining for
our customers these goods at these prices.
We have already seen that the first step in building a Model
Stock, which means an entire stock of bargains, is to obtain
a BB for each class of goods at each full-line price. Next
we build the complete stock of each class of goods by pains-
taking comparison with the BB values. We shop all of
our competitors’ stores regularly to make sure that our
BB remains the best buy in the city. We make careful and
frequent comparisons between our BB’s and all the rest of
the full line of which this BB is a part, to assure maintaining
the highest standard of values throughout our stocks.
The process is neither intricate nor elusive. If we do a
careful, conscientious job of it, availing ourselves of all the
other advantages that the Model Stock Plan offers us, we
require only ordinary common sense and industrious working
habits to make our entire stock a stock of bargains. We
shall be able then to advertise truthfully, “Every day is
bargain day all through our store.”
No competitor who runs his business along the tradition-
ally accepted lines—by opinions, that is, instead of by facts—
can possibly meet or beat us. Customers will buy where
prices are lowest and values greatest, if style and taste and
the other qualities are equal. Because we offer complete
stocks of wanted merchandise at the lowest prices, we shall
have customers regularly going past other stores to trade
with us,
Probably it is worth pointing out once more, for emphasis,
that adopting this better method of merchandising is not
optional, it is mandatory, because economic conditions are
shifting to the stage where an inefficient distributor cannot
long continue in business profitably.
We have all heard during the past year or two the warning,
directed to manufacturers, that they must install new,