First, whether you can make money by opening a bookstore depends on where your bookstore is. Like the original state-owned Xinhua Bookstore, its business was booming and its geographical location was very superior, but it gradually closed down. I remember when I took the postgraduate entrance examination, most bookstores near Huazhong University of Science and Technology were changed into fast food restaurants. But it doesn't mean that the bookstore can't be opened, mainly depending on the location. Generally, bookstores can be opened near better universities, especially second-hand bookstores. The reason why a good university is said is that students in ordinary universities or vocational colleges study very well, and they can't understand the textbooks issued by the school, let alone let them buy their own books. The location of the bookstore is also related to the rent. If the rent is too high, then the bookstore is not worth opening.
Second, what kind of bookstore to open. If you want to open a bookstore such as a university or high school, you should open it near the university or high school. It is best for universities to use second-hand bookstores, because second-hand books are cheap and new books are too expensive. Students generally buy new books online. If it is a high school, then the review materials you input should be distinctive and famous, especially consistent with the teacher's recommendation. If you open a bookstore for your children, it should be near the playground, because parents generally don't want their children to touch electronic products now, but for the sake of their health and education, they ask their children to read more books. This kind of bookstore still has a future.
Third, their own purchase channels. If it is a newly opened bookstore, you should ensure that your purchases are cheap enough, because many websites, including Dangdang, are private, and the price of private online bookstores is very low. Physical stores are basically not much cheaper to compete with them, so the purchase channel is very critical. It is best to operate second-hand bookstores and online stores together. Because the books in the special second-hand bookstore near the university are all books that graduates can't take away, and the prices are very cheap and they are all recycled by the catty, you can earn a lot even if you sell them at a 20% discount, so the profits of the second-hand bookstore are still considerable. If you open a second-hand bookstore, you must understand the school policy, that is, whether students are required to use books. Some schools require students to buy new books, while others require students to buy their own books after their sophomore year. Teachers only recommend bibliographies. If this policy is adopted, the business of second-hand bookstores will be better. And the location of the bookstore is better among several universities as far as possible. Of course, this is just an ideal state.
In short, bookstores are not as easy to do as before, and whether they can make money depends on their own management methods and means.