If you are not interested in completely outsourcing your bookstore to an online solution but would like to add textbook rental as a component to your bookstore so you will still retain revenue from those students who would like to rent, you have come to the right place.
Over the past couple of years the textbook rental concept has sprouted up and is quickly growing. Every facet of the textbook industry has been forced to evaluate the rental concept. The signs of this great market shift are prevalent. Every textbook supplier in the textbook industry, all independent college bookstores and online bookstores are beginning to research how to effectively implement book rental programs. Even the federal government has provided federal monies to fuel pilot textbook rental programs across the nation.
This paradigm market shift to textbook rental is real. The current ability for the national college bookstore chains and the independent college bookstores to immediately fulfill this market demand is minimal due to the significant entrance cost for launching a textbook rental program. Conservative cost estimates for launching a college bookstore textbook rental program is between $850 to $1,000 per student. A college with 5,000 students would need to spend up to $5,000,000 in book rental start-up costs. With widespread budget cuts across the nation at colleges and universities, any new expenditures are not imminent.
The startup costs for an internal textbook rental program are significant because the initial capital would need to include money for administration, maintenance, inventory, and the cost of additional space for storage. The work that goes into running a successful program is extremely time-consuming. With eCampus.com's Textbook Rental Program we will partner with your bookstore and provide a customized, online website for students to rent textbooks by course at NO COST and with NO WORK required on your part.
To find out more about how eCampus can partner with your bookstore to provide a textbook rental program email or call Barry Kern at 1-800-977-1048.
"I love the rental program! I was so tired of buying books for a 6 week course, not wanting to keep them but being told by the school bookstore that "we are not currently buying that book!" The rental option is great, especially the ability to customize my rental length! It takes the hassle out of the buy/sell or buy/hope you can sell it back routine."
"Renting textbooks is the new easy method to get what you need for class! I was very satisfied with the simple process and with the fact that I saved a ton of money. I got the same book for the time I needed it for 1/3 of the price!"