University Students Find 355% More Buyback Money For Their Textbooks When They Use a price comparison service to Sell Their Textbooks.
Campus Shift announced the results of its examination of college textbook buyback book prices using the top 50 textbook titles purchased in January 2013. This infographic highlights the incredible amount of money students may find when comparing online buyback services when selling their textbooks.
The study found that comparing online textbook buyback vendors netted students an average of $25 more per textbook, for an average buyback price of $50. Students that purchased the textbooks in the study would receive $500 more for their books over the year with the help of the textbook search engine.
“The textbook buyback season is upon us as students prepare for their final exams,” said Jeff Lorton, VP of Marketing with Campus Shift. “Unfortunately, many students have not yet mastered the game of buying and selling textbooks and never will, which is why we built Campus Shift to help them reduce or even eliminate their textbook costs.”
Campus Shift found the range of buyback prices online varied greatly and students that fail to compare textbook prices are losing a lot of potential money. Sadly, those students who go to the bookstore for the on campus buyback may lose more as they are captive to only one buyback offer.
Students still may have a textbook that is worthless because a new edition was released or there are too many used books in the market. To counter this and to complement the recent trend of professors allowing students to use old editions of textbooks, Campus Shift just launched its student-to-student textbook marketplace. Students can sell their textbooks to other students netting the seller more money and allowing students get a better deal by cutting out the textbook middlemen. By combining a textbook search engine and a textbook marketplace, Campus Shift hopes to help students eliminate their textbook costs.
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- Are Electronic Textbooks for Everyone? Not Necessarily (cheap-textbook-rentals.com)
- How Rafter Helps Colleges Cut Textbook Costs (cheap-textbook-rentals.com)
Textbooks continue being a major cost for the school experience, but a California State College , Long Beach, senior has started a domain which will offer an alternative choice to the present system. Alexander Santamaria won CSULB’s 2013 Invention Challenge this year for his site http://www.textbookhouse.com. According to officers, it’s the first web site that connects college kids so they can trade textbooks with each other. “One year I was sick and tired of paying high costs at the Waterstone’s and thought there needed to be a better way,” announced Santamaria, who developed the site with Paras Goswami.
“I would see scholars selling books that I required back to the Waterstone’s and purchasing books that I owned. In place of utilising the book shop to get these books, I presumed, ‘Why don’t I make a site that connects scholars together to trade these books and eliminate the necessity to keep purchasing and selling.'” The Creativity Challenge is co-sponsored by CSULB’s Varsity of Engineering and University of Business Administration. Officers claimed they see the competition as a technique to engage both schools in a partnership, sometimes with engineers making and planning and business scholars concentrating on financing and promoting.
“Now in its 3rd year, the CSULB Invention Challenge has established fantastic relations, from one viewpoint with the investment and business community and on the other with the campus student community,” related Forouzan Golshani, dean of the Varsity of Engineering.
Santamaria’s win got him $10,000 and a package of business services to further develop the product and create a business outline to move it forward.
“The Creativity Challenge is a terrific way to get scholars to make their ideas happen,” Santamaria related.
The textbookhouse.com site permits scholars to upload books they now own and put in requests for books they are trying to find to find a trading match. The internet site launched for CSULB, and Santa Clara School . Santamaria stated that he plans on investing the money into the product, with internet site upgrades and a mobile application for mobile phones imminent. He thanked Shellie Hunt a business strategist and writer of the “Success is by Design” series for being his business coach on the project. He had basically took part the year before, but was eliminated earlier in the competition. “I made and launched the site in under a year and have gained users who’ve traded books on the site,” he announced. “I also gave a more convincing display this year and obviously explained the way the business was going to grow in the future.” As for that expansion, Santamaria claimed he is aiming to expand and wanted developers and business scholars to e-mail infotextbookhouse.com if they had an interest in becoming involved with the business. He is about to graduate with a BSc in operations and supply chain management this could.