Trade-In Program
Accept used books from customers in exchange for store credit or cash.
How Trade-Ins Work
Customer Brings Books
- Customer brings books to your store
- Staff evaluates books for condition
- System provides pricing guidance
- Customer chooses credit or cash
- 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
- Go to Shop > Trade-Ins
- Tap New Trade-In
- (Optional) Look up customer account
Adding Books
For each book:
- Scan ISBN
- Book info appears
- Assess condition
- System suggests value
- Accept or adjust price
- Add to trade-in
Condition Assessment
| Condition | Description | Typical Value |
|---|---|---|
| Like New | Minimal wear, like new | 50% of retail |
| Good | Some wear, fully readable | 35% of retail |
| Fair | Noticeable wear, complete | 20% of retail |
| Poor | Heavy wear, may have issues | Decline or minimal |
Completing Trade-In
- Review all items
- Show total to customer
- Customer selects: Credit or Cash
- If credit: Added to their account
- If cash: Pay from drawer
- 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:
- Ask for email
- Create account during trade-in
- 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
- During trade-in, check BooksRun offer
- If BooksRun offers more than your store
- Mark book for "Flip to BooksRun"
- Give customer the BooksRun value
- 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:
- Shop > Settings > Trade-Ins
- Set percentage by condition
- Set credit vs. cash differential
Example Pricing
| Condition | Credit % | Cash % |
|---|---|---|
| Like New | 50% | 30% |
| Good | 35% | 20% |
| Fair | 20% | 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