Full text: The model stock plan

MOST IMPORTANT JOB IN DISTRIBUTION 235 
mark-downs of novelties. Since, under the Model Stock 
Plan, the novelties will be marked down to the next cheaper 
full-line price, they will not only sell much more quickly but 
also the net result of selling them at this reduced price will 
be to increase largely the sales of goods in the full lines to 
which they are reduced. This will actually reduce the total 
mark-down loss or often result in a net total profit on account 
of the increased sales of the full line these mark-downs pro- 
duce. Because this must assure our having the newest of 
these goods at all times, and nothing obsolete, we shall 
thereby tremendously increase the goodwill of our store. 
Many of the weaknesses of merchandising arise from look- 
ing at important problems through the eyes of a buyer rather 
than of a seller. For instance, consider outsizes. Here is 
needed a definite formulation of, and provision for, the extra- 
small and the extra-large sizes. The buyer who works 
ander traditional methods is likely to buy these goods cau- 
tiously, often in insufficient quantities because of the risk 
involved. Again, as we all know, they may easily be bought 
in too large quantities through lack of knowledge of the 
total amounts of all items that should be carried in the full 
line. 
There is a distinct advantage in segregating these goods 
and handling them as separate departments, probably with 
an assistant in charge of each. The need for this is more 
apparent when it is considered that extra-large or extra-small 
sizes are usually better if they differ in some particulars from 
the good styles in ordinary sizes. A style that is good for a 
medium-sized woman might be ridiculous on a very large 
woman. 
The difficulty here is usually met by not buying extra 
sizes in unsuitable styles. This method is merely negative 
and does not compare in total profits with segregating extra- 
large or extra-small sizes and treating them as special kinds 
of merchandise, as though we had a special shop that carried 
only such goods. In this way we are able to have stocks more 
complete and more suitable and thus to gain a reputation for 
supplying what other stores are not so well organized to
	        
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