Tuesday, December 29, 2015

How Can Barnes and Noble Avoid Borders' Fate? - Knowledge@Wharton

Panzer made a short trip into the Catosphere. Today our intrepid kitty explorer visited a site he's never been to before called Knowledge@Wharton. Knowledge@Wharton is a business analysis journal. After some digging around there Panzer found a post that analyzes Barnes and Noble's business model.

Whew! Glad I'm not B and N.
The post examines steps Barnes and Noble could (should?) take in order to turn the stores and business around. The post includes interviews from the Wharton School of the University of Pennsylvania professors with suggestions such as adding the store within a store concept similar to the Best Buy stores model which allows other venders to sell their products within the stores. Also proposed is the community center concept in which Barnes and Noble would offer special events and classes so the store would become a destination for their customers. While the ideas included in the post are interesting, it's important to keep in mind that Barnes and Noble did not commission the business analysis and has no involvement in it.

Panzer says, "Hmmm ... But ... But ... Would they still sell books?"

Note: This is a h-u-g-e post. You'll need a thermos of milk and two dozen chocolate chip cookies for your reading today.

To read the post, tootle over to Barnes and Noble

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