spartan bookstore: helping sjsu students save money
TRANSCRIPT
Spartan Bookstore: Helping SJSU Students Save Money
TEXTBOOK FORMAT CHOICES
2
NEW$100
USED$75
DIGITAL$40
RENTAL$49
•• Launched in April 2011Launched in April 2011
•• Rented almost 20,000 booksRented almost 20,000 books
•• Save 50%+ off new textbook priceSave 50%+ off new textbook price
•• Rent inRent in--store and onlinestore and online
SJSU Bookstore Textbook Rental Program
3
•• Rent inRent in--store and onlinestore and online
•• Use: normal use/highlightingUse: normal use/highlighting
•• Rent both new and used booksRent both new and used books
•• Pay: multiple forms of payment, Pay: multiple forms of payment, including student financial aidincluding student financial aid
•• No Faculty Commitment NeededNo Faculty Commitment Needed
•• Penalty charged if book(s) not returnedPenalty charged if book(s) not returned
•• Must have valid credit cardMust have valid credit card
99%would rent again from campus bookstore
Textbook Rental Program National Statistics/SJSU Bookstore Statistics
Bookstores offer a textbook rental program (Up from fewer than 50 just 2 years ago)1,800+
50%+ Titles/units being rented by many college bookstores
4
50%+
35%
Titles/units being rented by many college bookstores
* SJSU, it’s 53%
Propensity of students to choose rental when available
* SJSU, it’s almost 50%
50%+ Average savings off new
* Since April 2011, SJSU students have saved
over $800,000
Understanding Academic Digital Learning
• Digital learning is about more than just digital textbooks and more than just reading
• NookStudy is our digital platform
– www.Nookstudy.com
5
– www.Nookstudy.com
– Free 7 day trial period
– Highlight and Mark-Up
– Take Notes
• Tag your notes
– Research online (e.g. Wikipedia)
– Organize your coursework
– Export your notes to MS Word, etc.
Digital Programs National Statistics/SJSU Bookstore Statistics
14%
57%
Number of students who purchased an eTextbook during the 2010-2011 academic year
Number of faculty who are interested in learning more about eTextbooks
6
57%
25%Average number of eTextbook units available for purchase at college bookstores
* SJSU, 32%
3% Propensity of students to choose digital when available
* SJSU, 2%
about eTextbooks
60%Average savings off new print
* SJSU, 60%
Digital Content Growth - eTextbooksWhere The Industry Is Going
2010 2016
7
Digital Availability 10% 60%
Propensity To Opt For Digital 10% 40%
Digital Textbook Market 1% 25%
TEXTBOOK ADOPTIONS•• Early Textbook Early Textbook AdoptionsAdoptions– More used books– More rental titles– Students save more money– Better service to students
and faculty•• Significant ImprovementSignificant Improvement
Percentage of Textbook Adoptions Received at the Time Students Register for classes
50%
60%
•• Significant ImprovementSignificant Improvement– Getting better each semester– 90% goal
•• Textbook Adoption Textbook Adoption deadline for Fall and deadline for Fall and Summer 2012 is April Summer 2012 is April 20!!!!20!!!!– Submit adoptions
electronically0%
10%
20%
30%
40%
12% 35% 52%
Spring 2011 Fall 2011 Spring 2012
Spartan Bookstore Efforts with Affordable Learning Solutions
• Low Cost Digital Textbooks– Great work CSU Chancellor’s ALS Team!!
• Faculty Textbook Price List– Dr. Junn’s great idea
• Textbook Rental Program– $1 million goal
TEXTBOOK RETAIL PRICES
TERM
PROFESSOR
COURSE, SECTION– $1 million goal
• Partnership with SJSU Library– Book Lists– Free digital book signage
• 5% discount off ALL textbooks• Saving SJSU Students Money
– With Rental Program, used books and 5% discount, saved SJSU students over $1.5 million since April 2011
SECTION
TEXTBOOK
NEW RETAIL PRICE
* All retail prices are subject to change based on the publisher price increases
*** ALL TEXTBOOKS ARE DISCOUNTED 5% AT POINT-OF-SALE!!!!!!!
QUESTIONS????