fullscreen: The model stock plan

CHAPTER IX 
THE MORE-PROFIT TIME TO SELL—THE SELLING 
CALENDAR 
The selling calendars dates and their problems. The yellow-ticket 
method for safer buying. First showing should be early but not too 
early. The opening controlled by completeness of stocks; highest- 
priced full line emphasized now. Mass selling when stocks are largest; 
best-selling full line now emphasized. When to shift the emphasis to 
cheapest full line. When to set “closing out’? and “end of season.” 
IN planning for complete stocks, time is of major impor- 
tance. To buy properly, to be of the greatest service to 
customers and still to attain a sufficient rate of turnover and 
a fair profit, it is obviously necessary to have goods when 
customers want them and in the proper quantities to supply 
this demand but not in excess of the proper quantities. 
Obviously, if we have Christmas-tree ornaments on Oct. 
1 but have none left by Dec. 15, we are.not offering our cus- 
tomers a complete stock of these goods at the very time when 
they are most in demand. Almost as obviously, if we have 
a stock of Christmas-tree ornaments complete on June 1, 
it is not only doing us no good but also it is perhaps prevent- 
ing us from buying enough Fourth-of-July bunting which we 
shall have urgent calls for within two more weeks. Extreme 
as these examples may be, they serve excellently to emphasize 
that unless a stock is complete at the right time—and only 
at the right time—it is not a Model Stock. 
It is a part of the merchant’s job to know accurately when 
people want the different kinds of goods; not only that but 
also when the goods can be bought to the best advantage; 
for manufacturers as well as retailers have to contend with a 
seasonal demand, and the time of placing an order may have 
much to do with the price. Every buyer has, therefore, 
whether or not he formulates them consciously, what I 
call “buying” calendars and “selling” calendars. The 
121
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.