Buying Smarter: Maximize Your Profits by Improving Your Inventory Mix

Video

If you’re like most music retailers, much of your company’s money is tied up in inventory. Don’t let buying mistakes cut into your investment. Find out how to make smart purchasing decisions, so you stock your store with items that turn fast and maximize your profitability. In this session from The 2024 NAMM Show, Amanda Rueter of Ernie Williamson Music shares a simple formula (GMROI) that you can use to make better buying decisions for your business. A can’t-miss half-hour for anyone looking to improve their bottom line.