4. SPRING 2014
VERBASOFTWARE.COM (415)
Ver·ba Vir·tu·ous Cy·cle ˈvərCHo͞oəs/ [sahy-kuh l]
1. A synergistic workflow between all Verba
products, integrating industry best practices into the
software in order to maximize affordability,
competitiveness, transparency, and profitability for
your store
12. SPRING 2014
VERBASOFTWARE.COM (415)
COLLECT IN THE CYCLE
‣ Buyback - Know early on what books you’ll buy
back for the term
‣ Sourcing - Earlier adoptions means earlier sourcing
‣ Dynamic Pricing - Work with the data
‣ Dynamic Rental - Quantity to Keep
20. SPRING 2014
VERBASOFTWARE.COM (415)
Online Sourcing
‣ Acquire inventory for cheaper than wholesale
‣ Purchase from individual sellers online
‣ Two methods
- Full-Service: Bin and Hold, Quality Assurance
- Self Service: Faster shipping means earlier arrival
27. SPRING 2014
VERBASOFTWARE.COM (415)
DYNAMIC PRICING
‣ Heads Up Display in Dynamic Pricing
‣ Follows you as you work
‣ Current margin updates in real time
‣ Target margin is your goal
29. SPRING 2014
VERBASOFTWARE.COM (415)
DYNAMIC PRICING IN THE CYCLE
‣ Collect - Data
‣ Sourcing and Buyback - lowers costs, creates generous margin
allowing greater flexibility to price competitively
‣ Compare - Calibrating prices to marketplace means better win-
rate/marketshare for store
34. SPRING 2014
VERBASOFTWARE.COM (415)
DYNAMIC RENTAL IN THE CYCLE
‣ Collect - Inform your “Quantity to Keep” and shop your list
‣ Sourcing/Buyback - Better margin on your rental titles for more
profitability with your rebates
‣ Dynamic Pricing - Dynamically Price first so you don't end up
renting a used book for more than you rent it
‣ Compare - Rental impacts your competitiveness