vbc 2015 basics of buyback pricing

BASICS OF BUYBACK PRICING

VBC 2015

Sam Gonzalez

SPRING 2014

VERBASOFTWARE.COM (415)

WHY BUYBACK?

‣ Obtain used inventory

‣ Lower materials cost

‣ Provide value to students

http://VERBASOFTWARE.COM

SPRING 2014


SESSION GOALS

‣ Look at how clients are using Buyback Pricing

‣ Learn how to use the Buyback Pricing tool

‣ Talk to each other!


verbasoftware.com(415) 738-2374VERBASOFTWARE.COM (415)

VBC 2015

80%Overpriced

titles



VBC 2015

$13,052Average

savings

per user



PRICING YOUR BUYBACK

PART I I



SET YOUR BUYBACK DATE


SPRING 2014


IMPORT A BUYBACK LIST

‣ Required:

- ISBN

- Quantity

- Price

‣ Recommended:

- Author and Title



IMPORT A BUYBACK LIST


SPRING 2014



The Interface



USING FILTERS



SPRING 2014

ESTIMATED SAVINGS

ORIGINAL PRICE

-

NEW PRICE

X

ESTIMATED QUANTITY



Projected Savings From Changing Buyback Prices

0

150

300

450

600

186

Bottom 10 Top 3

$62

$557

Total Number of Items in Catalog

FTE<5,000



Projected Savings From Changing Buyback Prices

0

3000

6000

9000

12000

182

Bottom 25 Top 3

$569

$10,718

Total Number of Items in CatalogFTE>10,000


SPRING 2014


STEP 3 : EXPORTING

Finalizing price changes



EXPORTING PRICES



CHANGE 3 - 5 PRICES



GUIDED ROUNDTABLE DISCUSSION

PART I I I



LET’S TALK BUYBACK!

Currently, do you price based on half new/half used

or half new?




Currently, do you manual ly enter buyback pricing?




What is your buyback t imel ine?




Current Buyback tool users, provide one best pract ice

you have learned.


VERBASOFTWARE.COM (415) verbasoftware.comVERBASOFTWARE.COM (415)

QUESTIONS?



vbc 2015 basics of buyback pricing

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