Monday, 18 February 2013

Tip of the Week

When purchasing for your store, make sure you have a plan.  This could include a financial plan, merchandising plan, theme plan and so-on.


This week we have the Alberta Gift Show in Edmonton and if you don't go in with a thought out course of action, it can be overwhelming.  You could wind up blowing your budget, choosing the wrong product mix, or simply getting caught up in all of the excitement. 

Make a plan before you go to any buying show.  Give yourself a budget based on past sales and buying and consider giving yourself a budget by category as well. 

Another thing to think about before choosing your product is the physical space in your store.  What merchandising are you planning for the next few months?  Are there any specific stories or themes?  What holidays and events are coming up?  What exciting things are on your marketing calendar?

Good luck and happy selling... and buying!

Have you got questions for Melissa? Check us out on facebook, twitter, Pinterest, the flourish website, or send Melissa an email.

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