Understanding Cost of Goods For the Mathematically Anxious

Understanding Cost of Goods For the Mathematically Anxious (June 11, 2024)
This session will teach booksellers how to calculate the cost of goods sold (COGS) and maximize gross profit/margin. Panelists will lay the foundation for an understanding of COGS so that booksellers can confidently compare their information to ABACUS data. During this session, booksellers will be given time to examine what they’ve learned and identify areas in their own business for better COGS management so that they can begin applying these concepts when they return to their stores.
Files & Links
Speakers
Josh Christie, Print: A Bookstore - Portland, ME

Rebekah Rine, Watermark Books & Cafe - Wichita, KS

Tegan Tigani, Queen Anne Book Company - Seattle, WA

PK Sindwani, American Booksellers Association - Harrison, NY
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Understanding Cost of Goods For the Mathematically Anxious

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