Education Resources

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Decoding the P&L at the 2022 Fall Regionals

Decoding the P&L at the 2022 Fall Regionals (September 8, 2022)
Content related to the education session Decoding the P&L at the 2022 Fall Regionals, Regional Conferences.
Watch video from this event.
Topic:
  • Finance
Tags:
  • 101

Decoding the P&L for Booksellers, Managers, and Owners was presented at the Fall 2022 Regional Shows.

A bookstore’s profit and loss statement (P&L) is a critical tool for evaluating a store’s overall performance. Join ABA staff on a walk-through of a bookstore P&L statement as we lay a groundwork for understanding bookstore financials, decode individual line items to identify opportunities for improved profitability, discuss how to use ABA’s ABACUS Report, and consider ways to share financials with staff in a meaningful and cooperative manner.

Contribute to the progressive P&L Olives JamBoard here!
Decoding the P&L at the 2022 Fall Regionals (September 8, 2022)
Content related to the education session Decoding the P&L at the 2022 Fall Regionals, Regional Conferences.
AttachmentSize
PDF icon P&L Handout476.11 KB
PDF icon Slide Deck2.1 MB
Topic:
  • Finance
Tags:
  • 101

Decoding the P&L for Booksellers, Managers, and Owners was presented at the Fall 2022 Regional Shows.

A bookstore’s profit and loss statement (P&L) is a critical tool for evaluating a store’s overall performance. Join ABA staff on a walk-through of a bookstore P&L statement as we lay a groundwork for understanding bookstore financials, decode individual line items to identify opportunities for improved profitability, discuss how to use ABA’s ABACUS Report, and consider ways to share financials with staff in a meaningful and cooperative manner.

Contribute to the progressive P&L Olives JamBoard here!

Book Fair Models & Profitability

Book Fair Models & Profitability (June 22, 2022)
Content related to the education session Book Fair Models & Profitability, Children's Institute 2022.
Topic:
  • Finance
  • Marketing & PR
Tags:
  • Children's Bookselling

Book fairs come in all shapes and sizes. If well planned, they can be a profitable undertaking for a bookstore. In this session, booksellers with profitable book fair models will discuss different store models and how bookstores with established relationships with local school districts can analyze and optimize profitability.

Jessica Hahl, Country Bookshelf (Bozeman, MT); Stephanie Heinz, PRINT: a bookstore (Portland, ME); Mark Adam, San Marino Toy & Book Shoppe (San Marino, CA); Hannah Walcher, Books Inc. (San Leandro, CA)

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E-commerce Overview: What the Pandemic Has Taught Us About Buying Habits and Consumer Trends

E-commerce Overview: What the Pandemic Has Taught Us About Buying Habits and Consumer Trends (June 22, 2022)
Content related to the education session E-commerce Overview: What the Pandemic Has Taught Us About Buying Habits and Consumer Trends, Children's Institute 2022.
Topic:
  • Finance
  • IndieCommerce
Tags:
  • Owners and Managers

Over the last two years, the IndieCommerce team has observed and analyzed consumer e-commerce buying habits as all consumers were forced to adapt to online shopping throughout the public health crisis. In this feature talk, Phillip Davies, ABA’s Director of E-Commerce, will give attendees an e-commerce market overview and share assessments on consumer buying habits. Afterward, booksellers will meet in Buzz Groups to discuss how they can optimize what they’ve learned to continue to drive online sales.

Phillip Davies, ABA (White Plains, NY)

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Financial Benchmarking for Maximizing Your Children’s Books Space & Profitability 

Financial Benchmarking for Maximizing Your Children’s Books Space & Profitability  (June 21, 2022)
Content related to the education session Financial Benchmarking for Maximizing Your Children’s Books Space & Profitability , Children's Institute 2022.
Topic:
  • Finance
Tags:
  • ABACUS
  • Children's Bookselling
  • Owners and Managers

Understanding financial benchmarks within your children’s bookstore or children’s departments can help you maximize space, optimize non-book gifts and sidelines, improve profitability, and more. This session is for children’s-only bookstores or general bookstores with a children’s department. Attendees will also learn more about ABACUS — how to participate, how to use this important tool for your business, and why it’s so important for children’s bookstores to be counted in this data.

Cynthia Compton, 4 Kids Books & Toys (Zionsville, IN); PK Sindwani, ABA (White Plains, NY)

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IndieCommerce and IndieLite: Now And The Future

IndieCommerce and IndieLite: Now And The Future (June 21, 2022)
Content related to the education session IndieCommerce and IndieLite: Now And The Future, Children's Institute 2022.
Topic:
  • Finance
  • IndieCommerce
Tags:
  • Owners and Managers

In this session, IndieCommerce team members will discuss upcoming features and updates for websites on the current IndieCommerce 1.0 and IndieLite platforms to prepare for the 2022 Holiday shopping season. The team will also review the transition to the new IndieCommerce 2.0 platform, the timeline, and how stores can best prepare for the transition. An additional session that will discuss just IndieCommerce 2.0 is scheduled for Wednesday, June 22.

Panelists: Geetha Nathan, ABA (White Plains, NY); Daron Mueller, ABA (White Plains, NY); Courtney Grasso, ABA (White Plains, NY); Chanthee Keokhaw, ABA (White Plains, NY); Phillip Davies, ABA (White Plains, NY)

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Roundtable: Financial Q&A With PK Sindwani and Cynthia Compton

Roundtable: Financial Q&A With PK Sindwani and Cynthia Compton (March 8, 2022)
Content related to the education session Roundtable: Financial Q&A With PK Sindwani and Cynthia Compton, Snow Days 2022.
Watch video from this event.
Topic:
  • Finance
Tags:
  • Owners and Managers

This conversation is for stores of all sizes and designed with your questions in mind. PK Sindwani, former bookseller and current ABA CFO, and Cynthia Compton, owner of 4 Kids Books & Toys (Zionsville, IN), will spend the majority of the session taking financial questions from the audience. No question is too big or too small! This interactive group discussion will take into account a variety of business models, and practical advice will be given about how to integrate what you’ve learned to assist with making sound business decisions.

Moderators: PK Sindwani, ABA (White Plains, NY); Cynthia Compton, 4 Kids Books & Toys (Zionsville, IN)

Technology Meetup - Tips & Tricks for Better Product Photography

Technology Meetup - Tips & Tricks for Better Product Photography (November 11, 2021)
Content related to the education session Technology Meetup - Tips & Tricks for Better Product Photography, ABA Technology Meetups.
AttachmentSize
Plain text icon Chat Copy503 bytes
Plain text icon Transcript48.16 KB
Topic:
  • Finance
Tags:
  • Technology

During this session, ABA IndieCommerce Director Phil Davies and Marketing Manager Courtney Wallace will share tips, tricks, and best practices for creating better product photography.

A full transcription is available for this session. Please note that it is machine-generated and not reviewed for accuracy.

Technology Meetup - Staff Scheduling Platforms

Technology Meetup - Staff Scheduling Platforms (October 14, 2021)
Content related to the education session Technology Meetup - Staff Scheduling Platforms, ABA Technology Meetups.
AttachmentSize
Plain text icon Chat Copy2.92 KB
Plain text icon Transcript53.22 KB
Topic:
  • Finance
Tags:
  • Technology

This session features booksellers discussing what staff scheduling platforms they are using, what their process is, and useful tips.

Guest speakers are:

A full transcription and closed captioning are available for this session. Please note that both are machine-generated and are not reviewed for accuracy.

Technology Meetup - Staff Scheduling Platforms (October 14, 2021)
Content related to the education session Technology Meetup - Staff Scheduling Platforms, ABA Technology Meetups.
Topic:
  • Finance
Tags:
  • Technology

This session features booksellers discussing what staff scheduling platforms they are using, what their process is, and useful tips.

Guest speakers are:

A full transcription and closed captioning are available for this session. Please note that both are machine-generated and are not reviewed for accuracy.

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.

Contact

PRESS INQUIRIES: [email protected]

INDIECOMMERCE: [email protected]

ALL OTHER INQUIRIES: [email protected]

 

 

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