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Teach Soap • View topic - Inventory Planning

Teach Soap

Soap Making Recipes, Tips and Tutorials
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 Post subject: Inventory Planning
PostPosted: Thu May 23, 2013 2:58 am 

Joined: Tue May 21, 2013 12:30 pm
Posts: 4
Thinking of selling my soap at a large craft show/festival. Can anyone tell me how to calculate how much inventory to bring to a large show? I only use essential oils and am afraid of having too much inventory left over. Thanks!


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 Post subject: Re: Inventory Planning
PostPosted: Thu May 23, 2013 9:42 am 
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Joined: Mon Jan 14, 2008 11:14 pm
Posts: 24336
Location: Mistress Of Lather
Welcome!
Is this for one day? How many people do they expect to attend? How long has this fair been in business? What type of advertising do they do?

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Irena
Closed minds are like faulty parachutes; they refuse to open.


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 Post subject: Re: Inventory Planning
PostPosted: Thu May 23, 2013 1:19 pm 

Joined: Thu May 16, 2013 2:57 pm
Posts: 238
Irena gave you some great question to consider. I'd like to offer one more to her list: How many soapers will there be at the market?


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 Post subject: Re: Inventory Planning
PostPosted: Fri May 24, 2013 5:54 pm 

Joined: Tue May 21, 2013 12:30 pm
Posts: 4
It's a weekend well established show that usually has 3 to 4 soaper and as many as 70,000 attendees


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 Post subject: Re: Inventory Planning
PostPosted: Fri May 24, 2013 8:44 pm 
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Location: Mistress Of Lather
Depending how big of a table you get, I would bring as much as you can and store extras under the table. Will you be able to leave your products overnight? Is there night security?
There is no sure way to know exactly how many people will buy. You might have extras, but rather enough then not enough.
1% of 70,000 is 700. Will you have that many soaps available?
Do you live close enough that if need be, you could bring any extras from home the next day?

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Irena
Closed minds are like faulty parachutes; they refuse to open.


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 Post subject: Re: Inventory Planning
PostPosted: Sat May 25, 2013 9:25 am 

Joined: Tue May 21, 2013 12:30 pm
Posts: 4
I will have to consider whether or not I can get enough stock ready. If a good guess would be 1% of the attendance, then that's how I will to try to plan if I consider larger shows. Thank you so much for all your input!


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 Post subject: Re: Inventory Planning
PostPosted: Sat May 25, 2013 9:29 am 
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Joined: Mon Jan 14, 2008 11:14 pm
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Location: Mistress Of Lather

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Irena
Closed minds are like faulty parachutes; they refuse to open.


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 Post subject: Re: Inventory Planning
PostPosted: Sun May 26, 2013 1:42 pm 
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Joined: Sat Jan 12, 2013 10:37 am
Posts: 414
You may want to check out . They apparently crowdsource information & ratings on fairs & festivals. I only have a free account, so I can't access the booth fees & some other info but you may want to see what they say about this event.


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 Post subject: Re: Inventory Planning
PostPosted: Sun Jun 23, 2013 10:16 am 

Joined: Tue May 21, 2013 12:30 pm
Posts: 4
Will check it out thanks!


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 Post subject: Re: Inventory Planning
PostPosted: Thu Sep 12, 2013 10:07 pm 
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Joined: Thu Sep 12, 2013 9:05 am
Posts: 260
Location: Seattle, Washington
Yeah I was wondering how to figure this out. How much variety goes to for small shows? What's the maximum variety you should ever carry? I know if I brought a dozen different kinds I couldn't bring as much total product as a six variety set up. It's finding the happy medium!

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 Post subject: Re: Inventory Planning
PostPosted: Tue Sep 17, 2013 11:28 am 
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Joined: Sat Dec 11, 2010 7:14 am
Posts: 6158
Location: Jefferson City, TN
For my weekly farmers market, I usually have 20-25 soap scents and 5 unscented, plus 3-4 lotion & scrub scents. I just don't bring as much product as for a larger venue.

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