Should I reorder the fast moving items or wait to give other merchandise a chance to sell?
Q:“Should I reorder the fast moving items or wait to give other merchandise a chance to sell?
A: My approach is always immediately restock the best sellers, but think to myself ‘am I not letting the slower items have a chance?’” There's two points to this. One, more than likely you or your employees really love that item that flies out the door. So, it's easy for you. So, holding back means you're going to have to find something else to sell. I can certainly argue that really well.
On the other side, maybe the buy was not so great, and you really hit on a trend, and that trend is working, and you want to capitalize on it. I don't think there's any easy answer. I think instead of looking at specific items, like, “this orange pencil did really well.” I would look at the category of writing instruments. think “how are we doing for writing instruments?” If writing instruments aren't doing very well in my store and other categories are, then I'm probably not going to go crazy on one individual item.