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College Store 1.0:  Store provided textbooks staff thought students need ed College Store 2.0:  Store provided textbooks, general merchandise, and tech produst that staff thought they needed and saw in other stores
The next Stage of Evolution: College Store 3.0 ,[object Object]
CASE STUDY:  The Shark Eating Your Lunch
[object Object],[object Object],Target Gaining 10%+ College  Student Market Share
Study Target’s Methods ,[object Object],[object Object],[object Object]
CASE STUDY:  FLAX Store New Revenue Model
CASE STUDY:  FLAX Store’s Plan to Regain Lost Revenue w/ new merchandise:  Goals  ,[object Object],[object Object],[object Object],[object Object]
FLAX Strategies For Goals ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cheap Existing Storage Hardware in unusal shapes, mixed w/ video
Try different merchandise to find new large volume winners.  These desks had bad sales
New unexpected winner: Paper!  Same display racks reset w/ paper
Paper area just kept growing. Videos taken out for more paper (tech isn’t always the answer)
CASE STUDY:  SFSU College Store’s Plan  for Convenience Store New Revenue Model
Existing dull store, ugly checkstand & displays in student center w/ lots of competing food vendors
New store w/ some unknown and some student suggested merchandise. Eye catching bright paint, cheap awning, display lights, flooring
Healthy U Tactics ,[object Object],[object Object],[object Object],[object Object],[object Object]
College Bookstore 3.0 To collect data, and for merch ideas: Use Multichannel Feedback Student surveys:  What merchandise do you  want to see and buy? In store screens: What merchandise?  How’s service? College store website easy symbol rating systems  Social media monitoring of comments on college store
Empower customer merchandising: online idea books  on college store website
Empower customer merchandising: curation tools  on college store website for endless aisle linking
College Bookstore 3.0 Create dramatic focal points to try new merchandise College Stores are really Department Stores  Use store planning, design, and merchandising to create focal points that lead to customer merchandise discovery
Plan the floor for displays, also for fun, also intimacy contrasted for openness to explore
College Bookstore 3.0 Use cheap multipurpose fixtures
High Cheap Plywood Fixtures
Low Cheap Plywood Fixtures  ,[object Object]
Cheap Plastic Fixtures
Cheap Fencing Fixtures
Grafitti graphics for pop-up store backdrops
1. PERSONALIZATION: Print caps, t-  shirts on college store copy equipment 2. COMMUNAL CONSUMPTION: Give campus organizations their own store web order page 3. MOBILE LIFESTYLE (Target merch): backpack fashions, dorm rm décor, storage 4. SHABBY CHIC FIXTURING 5. INFO RICH STORE ENVIRONMENT   College Bookstore 3.0 Innovate to Differentiate  Merchandising Trends
1. Floor merchandise/circulation plan 2. Sign systems: directory, area and    section signs 3. 4 screens: cinema, desk, tablet, cell  4. QR signs and placement policy    Innovate to Differentiate  Merchandising Trends Info Rich Store Environment Organize by user mind maps, tell stories,  Teach/research products
QR signs can provide product info and can clutter: Need control w/ height/location placement policy to enforce vendor QR displays
College Bookstore 3.0 Strategies “ Growing share of campus life must be a top priority ”  NACS:  Defining the College Store of 2015 ,[object Object]
Merchandise for 5 different   emotional engagement modes:  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Merchandise to excite engagement ,[object Object],[object Object]
Build the Value Chain for loyalty ,[object Object],[object Object]
CASE STUDY San Francsico State U.  College Store Values ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
CASE STUDY: COOP Stores Redone stores, but didn’t address key  complaints: long lines, high prices
Good free retail publication
Please email me your feedback and ideas ,[object Object],[object Object]

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Evolution of college store revenue model v3

  • 1.  
  • 2. College Store 1.0: Store provided textbooks staff thought students need ed College Store 2.0: Store provided textbooks, general merchandise, and tech produst that staff thought they needed and saw in other stores
  • 3.
  • 4. CASE STUDY: The Shark Eating Your Lunch
  • 5.
  • 6.
  • 7. CASE STUDY: FLAX Store New Revenue Model
  • 8.
  • 9.
  • 10. Cheap Existing Storage Hardware in unusal shapes, mixed w/ video
  • 11. Try different merchandise to find new large volume winners. These desks had bad sales
  • 12. New unexpected winner: Paper! Same display racks reset w/ paper
  • 13. Paper area just kept growing. Videos taken out for more paper (tech isn’t always the answer)
  • 14. CASE STUDY: SFSU College Store’s Plan for Convenience Store New Revenue Model
  • 15. Existing dull store, ugly checkstand & displays in student center w/ lots of competing food vendors
  • 16. New store w/ some unknown and some student suggested merchandise. Eye catching bright paint, cheap awning, display lights, flooring
  • 17.
  • 18. College Bookstore 3.0 To collect data, and for merch ideas: Use Multichannel Feedback Student surveys: What merchandise do you want to see and buy? In store screens: What merchandise? How’s service? College store website easy symbol rating systems Social media monitoring of comments on college store
  • 19. Empower customer merchandising: online idea books on college store website
  • 20. Empower customer merchandising: curation tools on college store website for endless aisle linking
  • 21. College Bookstore 3.0 Create dramatic focal points to try new merchandise College Stores are really Department Stores Use store planning, design, and merchandising to create focal points that lead to customer merchandise discovery
  • 22. Plan the floor for displays, also for fun, also intimacy contrasted for openness to explore
  • 23. College Bookstore 3.0 Use cheap multipurpose fixtures
  • 24. High Cheap Plywood Fixtures
  • 25.
  • 28. Grafitti graphics for pop-up store backdrops
  • 29. 1. PERSONALIZATION: Print caps, t- shirts on college store copy equipment 2. COMMUNAL CONSUMPTION: Give campus organizations their own store web order page 3. MOBILE LIFESTYLE (Target merch): backpack fashions, dorm rm décor, storage 4. SHABBY CHIC FIXTURING 5. INFO RICH STORE ENVIRONMENT College Bookstore 3.0 Innovate to Differentiate Merchandising Trends
  • 30. 1. Floor merchandise/circulation plan 2. Sign systems: directory, area and section signs 3. 4 screens: cinema, desk, tablet, cell 4. QR signs and placement policy Innovate to Differentiate Merchandising Trends Info Rich Store Environment Organize by user mind maps, tell stories, Teach/research products
  • 31. QR signs can provide product info and can clutter: Need control w/ height/location placement policy to enforce vendor QR displays
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37. CASE STUDY: COOP Stores Redone stores, but didn’t address key complaints: long lines, high prices
  • 38. Good free retail publication
  • 39.