Chapter 11
Buying the Right Stuff at the Right Price
In This Chapter
• Buying secrets
• Determining price points
• Buying terms
• Picking suppliers
• Supplier relationships
• Knowing how much to buy
You can make some mistakes in running your business, but as long as your product is right, you can still make money. How do you make sure that your product is right? You must buy products that your customers want. Sounds obvious, but it’s not as easy as it sounds.
In this chapter, I discuss the key points you need to remember when buying the products you plan to sell, how you should select and work with your suppliers, and how you should negotiate with them for the best deal.

The Secret of Buying

As the buyer for a retail store, you have to get out ...

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