Exclusive Pieces for Pre-Sales

As we approach the holidays and the busy season for studios, we want to take a look at how we handle inventory. This is the time of year where you don't want to run out, but you also don't want to buy too much and get stuck with a holiday piece that you won't be able to use for another year. So take a look. I suggest taking your bigger pieces. Don't hide those or skimp on the inventory, but do pre sales on several pieces. Have exclusive ordering for large pieces. Whether it be that Thanksgiving turkey platter, heaven forbid, that grandma's Christmas tree. We love to get those out this time of the year. Or some bigger pieces that you may offer, so have photos of them or have a sample of those. You may not need to stock 15 turkey platters in your studio. Maybe you only need to have a couple. But worst case, you don't want to get stuck with that inventory. So do a pre sale with it. If someone wants to paint the tree, the platter a bigger piece, have them prepay for the piece. So don't do just a deposit. Do the whole thing. Make it very simple and up front. Tell them these are exclusive pieces that we offer, but we have to pre order them because there's a very limited supply. Pay for it now, we'll order it and we'll have it for you here within a week. You can even schedule a date. Call those folks and tell them when their piece is in. After all, they're usually the ones spending a good chunk of change with you. So do some pre orders and do some exclusive pieces. That also helps build that suspense of I have to have it right. So have a look at what you can do for pre order sales. And sell those big pieces. Sell them to the Hill, but get the money first so that you don't get stuck with the inventory. Thanks a lot. Have a great day. From Pyop Accounting, Sam.