Book Store Business Essay Example | Topics and Well Written Essays - 750 words

Book Store Business - Essay Example An extension of the used book store without seating for espresso kiosk and snack bar is not an ideal decision because it reduces the appeal of the store. In case the expansion is planned with a large scale renovation to the store with a lengthier menu to chose, additional furniture, shelves and interior design, expansion costs may range from $40000 to $80000. Returns from the investment for expansion are lucrative since coffee kiosks that sell specialty coffee is a profitable business. Material cost for the preparation is lower than twenty five percent of the sale price (Plan A: The small, bookstore-owned coffee bar 2002). The used book store is located in a shopping mall and stocks book in various categories. They include mathematics, arts and entertainment, children’s fiction, antiques and collectibles, humor, history, law, literary criticism, biography and autobiography, children’s non-fiction, cooking education, games, house and home, language arts and disciplines, body, mind and spirit, computers, gardening, family relationship’s, business and economics, current affairs, health and fitness, foreign language study, medical books, self help, sports and recreation, nature, poetry, pets, religion, philosophy, technology, philosophy, study aids, true stories, reference, travel and science (Browse Book Categories 2008). Online sales of used books have reached a growth rate of thirty percent in the recent past. This is due to the vast customer base available online and the comparative lesser cost in reaching these customers around the world. The store specialized in used study books for which the market share is huge. Specialized advertising in student related websites and educational websites frequented by students serves as the main mode of sales promotion. There is a high demand for used books for various reasons. The used books may be required because it is out of print and students require it in class, or the book may not