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Backorders & the Holidays
By businessbroad | October 29, 2007
If you haven’t already started beefing up your inventory for the holidays, you’d be wise to get started as soon as possible. If you sell seasonal items like Christmas figurines, costumes, or decorations, your buying season is practically over. Most seasonal suppliers make most of their sales in July-September, often discontinuing items or making no additional stock available once the items sell out late in that period.
Even for regular items, you may find that you’re starting to get replies that items are backordered through the holidays - definitely not what you want to hear when you’re trying to make a profit on an item you’ve found to work in your store. So, if you’re not all set for the holiday madness, call your suppliers today. You may already be too late.
Topics: General Business |