Oct

29

Time to Buy Baskets?

Filed Under Baskets 

It’s okay to love baskets as much as you love ribbon. Each style and shape, sitting tall and pretty on warehouse shelves, seems to call your name, convincing you to include it with other baskets in your workspace.

There’s nothing wrong with buying inventory; it’s overbuying that causes trouble.

If you’re getting ready to buy baskets or re-stock existing inventory, here’s a three-part plan to stay in the profit zone.

1. Count how many designs you created starting in January, and determine if sales are strong enough to fill the same amount through the next three quarters.

Your basket buying tutorial starts on this page.

2. Document the style, cost, and supplier of the baskets you’ll buy. Ask a representative how many are in stock now so you have a general idea about future availability if needed at a moment’s notice.

See a collection of styles on the Baskets site.

3. Consider buying nested assortments. Nested baskets may save you money while making the most of your storage space.

Don’t understand the term “nested baskets,” or need help pricing them? You’ll find the definition and a handy price guide on this page.

With careful planning, you’ll buy a broad variety of baskets and sell them fast while satisfying customers and your bottom line.

Read these related articles:

  1. Before You Buy Baskets…
  2. How to Buy Baskets, Increase Sales, Anchor Products
  3. How Many Rolls of Ribbon Do You Own?
  4. How to Stabilize Bottles and Price Nested Baskets
  5. Do You Waste Gift Basket Dollars?

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