Measure What Matters: 5 KPIs for Turbulent TimesBookstore Basics
During times of upheaval and uncertainty it’s difficult to determine which priorities to focus attention on. This session is designed to help focus in on the numbers that give you the most information about your bookstore — and teach you how to improve those numbers. We’ll review KPIs like inventory turn, dollars per transaction, gross margin, and sales per square feet, and discuss how to use this information to make impactful changes in your store. By the end of this session, participants will understand and be able to track and interpret key metrics to improve profitability and make data-driven business decisions during economic downturns and inflation.