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NVNR Fall Owners Strategy Session Recap

Posted By Nicki Leone, 3 hours ago

NVNR Owners Strategy SessionThe fall NVNR Owners Strategy Session began with booksellers sharing their 4th Quarter plans and strategies, before opening the discussion to a variety of issues that were "top of mind" for booksellers in the current uncertain economic climate.

4th Quarter Strategies takeaways:

1. Take Care

  • Self Care is important for owners and staff during the busy holiday season!
  • Build breaks and meal times for staff into the schedule
  • Building in time for breaks reduces stress and increases productivity
  • Plan post-season holiday or down time, and treat yourself to something special
  • Delegate tasks when possible
  • Create a manual of employee guidelines and important store functions

2. Tariffs

  • Tariffs are affecting both costs and availability of books
  • Be prepared for key titles to sell out and unable to be restocked in time for Christmas gift purchases
  • Encourage customers to order early if they need a specific book
  • Have frank and honest conversations with people about how tariffs are affecting the store

3. Pop-Up Stores

  • A plan for running pop-up and offsite locations during the holiday can increase sales and reach new customers
  • Look for town and community sponsored events like local festivals, open holiday markets, and smaller private events run by other community groups, churches, book clubs, etc.
  • Offsite and pop-up stores are time-consuming and demanding for the staff, so prioritize them based on your resources and goals
  • Doing pop-ups increases your visibility in the community, and can reach people who otherwise would not see your storefront

4. Social Media

  • It is important to showcase the exterior of the bookstore, not just individual books or interior photos. It help people recognize the store as part of their community
  • Having a TikTok channel can increase store exposure and reach new audiences, and can be worth pushing past any reticence or embarrassment about posting

5. Damages

  • Damages continue to be a problem, which booksellers find very frustrating when they occur with expensive "deluxe" editions of books with high price tags
  • The risk of damage is reduced when books are ordered in carton quantities
  • Report issues with damaged shipments to sales reps, who can intercede on the store's behalf
  • Reporting damages via Batch has makes it easier to receive credits from the publishers in a timely manner

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