How Dollar Tree Select The Books They Sell.

How Dollar Tree Select The Books They Sell, well James tells you! 

Episode Transcript

Speaker 1 (00:02):
So you probably saw my other video or listen to
my other episodes. A short episode where I found a
book at Dollartry I call my dolatory book fines and
I'm telling you, guys, go over there and look. I said,
I was gonna look up how books get there because
I've just never thought about it before. It's like, well, you
always think, yeah, it's old books or like books or whatever,
but how did they get there?

Speaker 2 (00:22):
Well, I looked it up. I'm gonna tell you.

Speaker 1 (00:24):
So I're reading because I did research, and we're reading
how they get there. So I'm not claiming to be
the expert or anything like, it's just me, like, I
just noticed, I don't I'm learning with you.

Speaker 2 (00:34):
Guys, so let me get this going.

Speaker 1 (00:39):
Because I'm like, I'm like, I'm just I don't know either, okay.
So okay, So what they say as I looked it up,
which I do some sort of stuff. Most books at
Dollartry are remandered copies, unsold books return to publishers, or
overstocked warehouse inventory like Target or Barnes and Noble didn't sell.

(01:02):
I had a feeling that's what some of that was.
I just overstock of just kind of like books. Sometimes
they are closeouts from other retailers Walmart, Target, Okay, So
then they get sold to Dollar Tree and book Price.
They buy them up put them in their stores at
a huge discounting. So these they say that this these

(01:30):
help publisher supplier set of books they're already holding, so
they're sold. So they counted sales and they go to
the retailers.

Speaker 2 (01:41):
How are they chosen? Like which ones?

Speaker 1 (01:43):
Did not anither Dollar Tree buyer they have they have, okay,
Dollar Tree has book buyers at their headquarters. They select
books based on projecting sales, historical performance, and what volume
stores can handle. Stores do not pick the order pick
or order books themselves. Did not know that, So as

(02:03):
a person who actually does that, I would' mind have
that job right either, go scour extra books and see
what supposed to be seld there. They're based on sales projections,
distribution inventory, and it depends on where the story is.

Speaker 2 (02:18):
You know, dolatries are everywhere.

Speaker 1 (02:19):
They're saying that if it's a higher volume Dollar Tree,
that we get more books less.

Speaker 2 (02:25):
It's all just depending on how books do.

Speaker 1 (02:28):
I don't even know. I mean, it's times when I've
seen it. Books shelves packed, and I've seen there are
half packs. I don't know if they need children's books.
I have no idea what they're doing there, quote unquote
push shipments. Books that are sending both cases to stores
without store level ordering cases often contain several different titles
with multi copies of each inventory difference by store, they say.

(02:52):
Stores sharing a local truck often at the same titles,
but different regions or speech centers say different assortments. I've
seen kinds of books everywhere. I never see the same thing.
I found some fun Star Wars stuff that connect Star
Wars stuff books in there. So that's what many stores
you see with new book new new bookshops around a

(03:14):
month or so, depend of that. Uh, yeah, they have
children's books, fiction, non fiction, licensed contact personal stuff. Yeah,
so they go, Why does the Autrey do it this way?
Just a little extra thing. The dollar Tree achieves margins by
buying cheaply and in bulked and pass the savings on

(03:35):
the customers while keeping high volumes. So that's all their stuff. Basically,
you see, they all kind of use excited. They'll have
juices and certain food products, like where they get that from.
That's it's from somewhere else and they sell it limited.
SKU turn or SKUs are what the numbers are in
the books. Book serves in a small slice, little verall
product focus. The model is designed to move large coins

(03:57):
of these low costs items efficiently. So every time you
see a hard card book, that's a dollar, which I
showed you last time a dollar sit out there and
per condition, it was likely a remandered copy of part
of a broader overstock strategy curated by the HQ of
Dollar Tree and shipped and book. I love it and

(04:22):
that's its great. So that's how we have these. I
find some good books in there. So I'm going from
now on, because I can always the books all the time,
I'm going to actively look at Dollar Trees in their
book sections and report back to you guys. I'm just
curious by finding anything. But if you got you t
let me know what you what you're finding in there.
And I said, I found some good fines, So that's

(04:44):
good to know, it said the between the pages with James,
like Junior, go to the Facebook page and like us,
go get some books. I'll talk to you next time.