First Time Doing Fair-Have Inventory or Not?

Click For Summary

Discussion Overview

This thread explores the experiences and opinions of participants regarding whether to have inventory on hand for a multi-vendor fair. Participants share their thoughts on the implications of purchasing products, warranty concerns, and strategies for handling customer orders.

Discussion Character

  • Opinion-based
  • Anecdotal

Main Points Raised

  • One participant is considering whether to purchase products for their first fair and questions if having inventory affects warranty guarantees.
  • Another participant suggests that having products on hand may not meet customer demand and recommends taking orders instead, noting exceptions for small items.
  • A participant mentions that pantry items are not transferrable in terms of warranty and are guaranteed only to the person who orders them.
  • One participant shares their experience of successfully guessing what customers want and selling small items and discounted products, while clarifying that no warranty is provided for items sold at fairs.
  • Another participant expresses that they do not bring extra inventory to fairs, citing it as not worth the effort.
  • One participant agrees with the sentiment of avoiding extra inventory, mentioning their limited experience with specific items.

Areas of Agreement / Disagreement

Views differ on whether to have inventory on hand, with some participants advocating for taking orders while others support having certain items available for sale.

Contextual Notes

Participants share personal experiences and strategies related to inventory management at fairs, focusing on customer preferences and warranty considerations.

Who May Find This Useful

Consultants preparing for their first multi-vendor fairs may find the shared experiences and viewpoints relevant to their planning process.

chefkacey
Messages
19
I am doing my first multi vendor fair and I wanted to know if I should try to purchase products to have on hand or not. if you have products on hand, does that void the guarantee? i believe i read somewhere it has to be six or something in qty. how do you order it (as a personal order or supply order... ) and does there have to be criteria you meet to be able to purchase these. OR is it better to just have people place orders? My fair is in two weeks. thanks
 
I've found that no matter what you have on hand, it won't be what people want. Save yourself the trouble, and take orders. The only exceptions are very small items that people would be unlikely to need a warranty on: SBRCs and mini serving spatulas, typically.
 
I usually have pantry items on hand. The warranties are not transferrable, so if you purchase something, they don't get the warranty. Pantry items are only guaranteed to get to the person who orders.
 
I always have things on hand, but I try to make sure they understand that there is no warranty, but they get a receipt from me so if something happened, I would work with them on it. I actually do really well guessing what people want. Just the typical things that you may use for door prizes ($5 and under) plus the Mix n Chops. I always sell all of them! I also get things on the outlet to sell too b/c people that wouldn't normally look too much, LOVE anything discounted OR discontinued!!
 
I never buy inventory or bring any of my extra to fairs. It's just not worth the extra money, time, and effort.
 
the most I've done is SB recipe books.... I agree with DebbieJ... too much of an effort!
 

Frequently Asked Questions

Should I bring inventory to my first fair?

Bringing inventory to your first fair can be beneficial as it allows potential customers to see and purchase products on the spot. However, if you're unsure about your sales volume, starting without inventory can help you gauge interest and avoid upfront costs.

What are the pros and cons of having inventory at a fair?

Having inventory allows for immediate sales and can enhance customer experience by providing a tactile interaction with the products. However, it also involves upfront costs, potential unsold stock, and the need for proper inventory management during the event.

If I choose not to bring inventory, how can I still make sales?

You can still make sales by showcasing your products through catalogs or samples, taking orders, and offering incentives for future purchases. Collecting customer information for follow-up can also help convert interest into sales later.

How much inventory should I consider bringing?

If you decide to bring inventory, consider starting with a small selection of best-selling items. This allows you to test the waters without overwhelming yourself with stock. Monitor sales trends to adjust your inventory for future events.

What should I do if I run out of inventory at the fair?

If you run out of inventory, use it as an opportunity to engage with customers by taking orders or offering backorder options. Make sure to collect their contact information for follow-up and consider providing a small incentive for future purchases to keep their interest alive.

Similar Pampered Chef Threads

Replies
2
Views
5K
Admin Greg
Replies
6
Views
2K
raebates
Replies
16
Views
2K
ricchic01
Replies
11
Views
4K
MHPampered
Replies
23
Views
5K
sarahsellcm
  • SherryLynn
  • Pampered Chef Booths
Replies
4
Views
3K
Wildfire
  • bakinwithbacon
  • Pampered Chef Booths
Replies
4
Views
2K
lt1jane
Replies
2
Views
3K
Admin Greg
  • newbieconsultant
  • Pampered Chef Booths
Replies
4
Views
2K
Wildfire
  • raebates
  • Pampered Chef Booths
Replies
2
Views
4K
Admin Greg
Back
Top