Offering rental textbooks has been one of the best decisions for Ridgewater College Bookstore. Giving students more low-cost options encourages more student shoppers. Recently, we spoke with Judy Meyering, Bookstore Manager, Ridgewater College, about the store’s rental program and how it has helped the store evolve.
In a matter of weeks, students will start arriving on campus. As they make plans to purchase new books for the upcoming term, it is a great time to remind students how they can get money back for old textbooks they might still have. Giving students this opportunity is not only a beneficial service to them, but it can also increase foot traffic to the college store.
Carrying textbook inventory that your store doesn’t plan to use again isn’t ideal. As unused textbook inventory ages, its value decreases. This is why MBS offers stores the opportunity to request a special inventory quote.
There is nothing quite like receiving a thoughtful gift that lets you know someone is thinking about you. However, finding that perfect gift isn’t easy. One way the college store can help the campus community is by giving customers the option to order a pre-bundled care package.
Campus bookstores are always coming up with creative ways to reach nontraditional students. Kansas City Kansas Community College found a way to engage nontraditional students and even some faculty members and staff with on-campus games of Dungeons & Dragons. We recently spoke with Chris Guthrie, operations assistant at KCKCC, about his success and how he tapped into the community’s sense of adventure.
Diversifying revenue is a must for most college stores in today’s market. Developing unique ways to set themselves apart from competitors solidifies student engagement and campus relevance while securing the future of the campus store.
When was the last time your campus store reviewed its budgetary model? Does it match the model your campus uses? These may not be the most exciting questions to ask, but the budgetary model a college chooses can give the campus store valuable insight into administrative expectations and help ensure the store serves the school’s mission. Download the “Successful Budgeting for the Campus Store” white paper to get a breakdown of college budgetary models and a comprehensive guide on actionable ways to increase top-line revenue, minimize operating costs and keep the cost-to-students low.
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