The document discusses strategies for the evolution of college stores to better meet student needs and preferences in order to gain a larger share of the campus market. It outlines tactics for college stores to gather student input on desired merchandise, create engaging store environments, differentiate their offerings through innovative merchandising approaches, and build loyalty programs to strengthen their value proposition on campus. Case studies of successful stores that have implemented these strategies are also presented.
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
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
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
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
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