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.

Session Video & Resources

Recorded June 11, 2024 at Children's Institute 2024 in New Orleans, LA

Additional bookstore education resources can be found at www.bookweb.org.

Theme song by Constant Companion