As fall semester approaches, it’s crucial you start preparing your store for the influx of students the new school year brings in. However, it’s also important to make sure you’re not making mistakes in the preparation phase that will cause you pain later down the road. Here are some mistakes you should make sure to avoid when preparing for fall semester.
Running Short On Inventory
Perhaps the biggest mistake you can make when preparing for fall semester is to not order enough inventory to account for demand. Whether it’s textbooks the professors require for their courses or just simple school supplies, falling short on inventory can be a disastrous mistake for both your bookstore and the rest of the university’s community. If you’re short on inventory, that means your store will have trouble meeting revenue goals while your shoppers will have to look elsewhere to find what they need.
Under-Training Staff
Training retail staff is hard work, but it’s a necessary step in the preparation process. Under-training staff is a costly mistake that will hurt your business, your customers, and your employees. If your bookstore staff is not equipped with the proper knowledge to effectively do their job, then they won’t be able to perform the necessary daily operations that keep gears turning. Furthermore, they won’t be able to help your customers who need assistance while browsing your floor. This will cause your bookstore to miss out on potential sales when the frustrated customers take their business elsewhere.
Sources
https://csusignal.com/9002/news/bookstore-falls-short-on-inventory/
https://www.erpsuccesspartners.com/2022/02/elevating-campus-bookstores-to-new-levels-of-success/
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