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opening a bookstore - but no clue !!! netto 02/27/04
    Hi,

    I'm opening a bookstore but have NO idea how you know which titles and how many of each to order. How on earth do you learn what to do in a case like this?

    Also, what other things do I need to know to make this work?

    Thanks.

      Clarification/Follow-up by netto on 03/09/04 1:59 am:
      It will be a Christian bookstore, which is much more than I can say for the sarcastic tone of your reply. Why even reply?

      Clarification/Follow-up by kkemper on 03/10/04 5:22 am:
      few Christian bookstores make a profit.

      titles;

      all companies should do both primary and
      secondary market research befor they open their doors; this data will tell them:

      who their customers are, where they live
      generally, what they buy, what they want to buy more of, where they want to buy it, and more.

      regarding INVENTORY MIX;

      u check with your supplier[s] and ask about
      TERMS; such as 2/10 net 30,
      which means u get 10 days to pay for the
      inventory and get a 2% discount or
      u must pay the full amount of the invoice
      within 30 days. NOT later or u are late
      and assessed interest charges.

      U need those discounts as part of your
      profits in the store.

      running any retail store is sort of a crap shoot but its risks are reduced by watching
      carefully WHAT u buy, what price u sell those items for, and what costs you have to run your store!!!

      and more

      this is all within the sciences
      of merchandising, retailing, marketing
      and small biz.

      luck to u.

      [make sure the book and other items u will sell are returnable at full invoice credit to u!]


      never pay full invoice price in cash
      upon delivery.


 
Summary of Answers Received Answered On Answered By Average Rating
1. NETTO; if u don't have any idea about all this; why do i...
02/27/04 kkemperVery Poor or Inappropiate Answer
2. Hello,???? Why in the world are you opening a book store, j...
02/27/04 Fr_ChuckPoor or Incomplete Answer
3. H, You must be a millionaire looking for a hobby. Cordia...
02/27/04 XCHOUXVery Poor or Inappropiate Answer
4. I have always had the impression that you are located outsid...
02/27/04 voiceguy2000Excellent or Above Average Answer
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