This should always be the first order of business for A Savvy Buyer. But don’t just take inventory, organize and purge your closet on a regular basis (1 – 2 times a year). ?
Although it’s an expensive undertaking, most retailers go through a physical inventory of their entire store/ warehouse at least once a year, sometimes twice. It’s a process of manually counting all of the items in the store/ warehouse(s). The goal? To count every widget, find materials they can’t identify, and search for other materials that arrived in the store/warehouse and then disappeared. Sounds familiar? How many times have you said “what happened to my favorite you fill in the blank I brought last year?
I try to avoid stores that are designed in disarray because it’s a waste of precious shopping time. Fashion Buyers wouldn’t invest time viewing items from a supplier/designer who's space is in disarray and can’t figure out what they have, how many, what color, etc. ?
Also, Fashion Buyers can’t make good buying decisions for a store if no one knows exactly what they they have and how many. Neither can you— it’s a key task for A Savvy Buyer. Your closet is your personal “boutique” and you are the Buyer. So as A Savvy Buyer, you should maintain your Boutique like a well run store to maximize your return on investment.
Have you ever gotten irritated while shopping during inventory? Or more irritated when the sales associates confirms that an item you want “should” be in the store because the computer shows they have three on hand. It’s such an important process, that some businesses close during inventory or pay personnel a higher rate to have it done overnight. As an incentive or punishment (depending on what motivates you) why don’t you make a promise to not buy another item until you purge and organize what you already have. Here are three reasons why a physical inventory of your closet should be first order of business to becoming A Savvy Buyer:
1. Save Money. You save money by NOT shopping for and buying the same items you couldn’t find or forgot you had them. Fashion Buyers wouldn’t keep their jobs long if they continually purchased duplicates for their stores.
2. Save Time. If you organize your closet based on your dressing habits, it will save you many hours of finding items as you answer that daily question “what should do I wear?” Do you decide what to wear based on: your mood? the weather? impressing others? your agenda? Whatever it is, organize your closet accordingly.
3. Make Wise Selections. Knowing what you have, what you don’t have, and what you need/want is good information to have BEFORE you make purchases. You have better odds of selecting clothing and accessories that will compliment and/or expand your current inventory, thus creating more outfits and options.
Whenever I have major projects like taking inventory, I enlist the help of my sisters (five to choose from). Of course they want to know what's in it for them. So I agree to help them with similar or same projects. It works well for closet inventory and purging, putting up outdoor Christmas decorations, cleaning the garage, landscaping projects, and getting too much unsolicited advice.
Ask a family member or friend to help and get started on your closet!