Data-Driven Bookselling: Using Analytics to Work Better and Smarter

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Wednesday, May 30, 2018 11:00 AM to 11:50 AM EDT
1E10

One of the biggest challenges booksellers face is effective inventory management. Picking the right books is perhaps the greatest service stores provide to customers, but it can also be time-consuming. It’s an art to successfully increase turns while maintaining or improving margins. Ultimately, mastering this art is what determines a store’s success — but science can help! By using analytics to uncover trends and benchmark performance, you can take the guesswork out of your operations. Which books are likely to sell well, and which ones need to go? What can you learn from the performance of titles at other stores? Join John Rubin and Ruth Bradstreet from Above the Treeline, the minds behind Edelweiss Analytics, as they cover best practices for using data to guide stocking decisions and increase efficiency.

About ABA

The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.

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