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Trade-In Program

Accept used books from customers in exchange for store credit or cash.

How Trade-Ins Work

Customer Brings Books

  1. Customer brings books to your store
  2. Staff evaluates books for condition
  3. System provides pricing guidance
  4. Customer chooses credit or cash
  5. Transaction completes

Value Options

Offer customers:

  • Store Credit: Higher value (e.g., 50% of selling price)
  • Cash: Lower value (e.g., 25% of selling price)

Processing Trade-Ins

Starting a Trade-In

  1. Go to Shop > Trade-Ins
  2. Tap New Trade-In
  3. (Optional) Look up customer account

Adding Books

For each book:

  1. Scan ISBN
  2. Book info appears
  3. Assess condition
  4. System suggests value
  5. Accept or adjust price
  6. Add to trade-in

Condition Assessment

ConditionDescriptionTypical Value
Like NewMinimal wear, like new50% of retail
GoodSome wear, fully readable35% of retail
FairNoticeable wear, complete20% of retail
PoorHeavy wear, may have issuesDecline or minimal

Completing Trade-In

  1. Review all items
  2. Show total to customer
  3. Customer selects: Credit or Cash
  4. If credit: Added to their account
  5. If cash: Pay from drawer
  6. Print receipt

Trade Credit Accounts

Customer Accounts

Trade credit is stored in customer accounts:

  • Linked to their BookWish profile
  • Can be used at POS or online
  • Balance visible to staff

Account Lookup

Find customer accounts:

  • Search by name
  • Search by email
  • Scan membership card (if applicable)

Creating Accounts

If customer doesn't have account:

  1. Ask for email
  2. Create account during trade-in
  3. Credit automatically applied

BooksRun Integration

What is BooksRun?

BooksRun is a used book buyer. Books you can't sell can be flipped to them.

How It Works

  1. During trade-in, check BooksRun offer
  2. If BooksRun offers more than your store
  3. Mark book for "Flip to BooksRun"
  4. Give customer the BooksRun value
  5. Ship books to BooksRun monthly

Configuration

Set up BooksRun in Shop > Settings > Integrations:

  • Connect BooksRun account
  • Set flip threshold
  • Configure shipping preferences

Pricing Strategy

Setting Values

Configure trade-in values:

  1. Shop > Settings > Trade-Ins
  2. Set percentage by condition
  3. Set credit vs. cash differential

Example Pricing

ConditionCredit %Cash %
Like New50%30%
Good35%20%
Fair20%10%

Books Not Accepted

Configure rejection criteria:

  • Damaged beyond use
  • Not in demand
  • Duplicate copies
  • Age/edition limits

Inventory from Trade-Ins

Adding to Inventory

Accepted books can be:

  • Added to inventory immediately
  • Held for review
  • Sent to processing area

Pricing Trade-In Inventory

Options for pricing used books:

  • Automatic based on condition
  • Manual review required
  • Fixed markup from trade value

Reporting

Trade-In Reports

Track trade-in activity:

  • Volume of trade-ins
  • Credit vs. cash ratio
  • Average value per trade-in
  • Books accepted vs. rejected

Inventory Source

See where inventory comes from:

  • Wholesale/distributor
  • Trade-ins
  • Consignment

Best Practices

Customer Experience

  • Be transparent about values
  • Explain condition assessments
  • Offer both credit and cash options
  • Make the process quick

Quality Control

  • Inspect books carefully
  • Check for damage, writing, missing pages
  • Verify editions match listings
  • Watch for water damage

Inventory Management

  • Don't accept too many duplicates
  • Consider demand before accepting
  • Process trade-ins promptly
  • Keep trade-in area organized