ADOPTING YOUR TEXTBOOKS. Timely Adoptions Chaffey administration and bookstore encourages faculty to place their orders in a timely manner. Some faculty.

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Presentation transcript:

ADOPTING YOUR TEXTBOOKS

Timely Adoptions Chaffey administration and bookstore encourages faculty to place their orders in a timely manner. Some faculty members do not understand the relationship between timely textbook adoptions and the bookstores ability to provide students with cost savings. Overview of the Typical Steps We Follow to Order and Sell Textbooks Notification of Textbook Adoption Due Dates The bookstore notifies the course coordinator, faculty members or other departmental staff of the adoption due date for the applicable academic term. Due dates are usually 4 months before the start of a term. Textbook Selection and Adoption Process A faculty member, the course coordinator or other departmental staff submit adoptions to the bookstore. Used Textbooks Ordered and Adoption Reminders Distributed After the bookstore assesses the adoptions, current inventory, and anticipated buyback, it orders used textbooks from wholesalers. The bookstore may communicate with faculty to identify the least expensive version available to students. The bookstore may notify faculty who have not submitted adoptions and remind them about the importance of getting adoptions in on time. Used Textbooks Bought Back From Students, New Textbooks Ordered, and Textbooks Sold If a book is readopted, students generally receive 50% of the new price for copies they sell back to the bookstore. If the bookstore reaches it buyback limit or faculty do not readopt the textbooks students may still receive the wholesale price of the book (typically 10 % to 33% of the new retail price). If a textbook undergoes edition changes or if the bookstore cannot acquire enough used texts to fill its needs, the bookstore purchases new copies directly from the publisher. Workbooks, texts that come bundled, and texts with access codes often cannot be purchased used or be bought back by the bookstore.

Methods to Submit Your Book Orders Online Administrations Preferred Method books.chaffey.edu on left side of page under store links click Faculty Login (if you are new to this website you must first “create a new account”, write down your login, it will store what you enter when you create your account and not default to your Chaffey login) Click on box “create a new requisition” Use dropdowns to make selections Click “save changes” or on “next” on EVERY page Submit requisition Within minutes you will receive an confirmation of your submission. If you do not receive the confirmation your submission is not complete. Login again, you will see your open requisitions. Resubmit. Important note: All Language Art requisitions are to be submitted to Mary Thomas By If you would like your book requisition ed to you (with a list of books you used for the previous semester) your request and we will send you your book requisition. To submit your book requisition via Review requisition Click reply Make any changes to requisition Fill in section and estimated enrollment Type in name, date and phone at the bottom of the form Click send In Person Stop buy the text office and we will take your order. Our hours are: Mon-Thurs 7:30am-5:30 pm and Fri 7:30-4 pm

Impact of Timely Adoptions ADOPTIONS % ON TIME % BEFORE BUYBACK FALL 0752%56% FALL 0875%88% DIFFERENCE23% 32% WHOLESALE ORDERS # OF BOOKS ON INITIAL WANT LISTS 4,729BOOKS F07 WANT LIST STARTED 7/2 7,487BOOKS F08 WANT LIST STARTED 4/15 2,75858% As you can see the more faculty that submit their orders on time or before buyback starts has a direct impact on how many used books we can get from the wholesalers. Since we compete on the national market, it is to the bookstore’s advantage to begin submitting want list for textbooks to the wholesalers as soon as possible to edge out competition from other campus bookstores across the nation. The wholesale supply of used textbooks is fluid and stock changes daily. For Fall 2008 our initial want list went out 2 ½ month's earlier than Fall 2007 which resulted in us procuring and additional 2,758 used books..

Buyback Your timely adoptions ensure we have a healthy buyback. Inform your students during finals if you have readopted the same book and encourage them to participate in buyback. Also inform them if the book is changing editions or hasn’t been readopted for a subsequent semester. For books that are readopted we normally pay students a premium buyback price of 50% of the new book price, whether the student is selling a new or used book. Once we reach the limit of books we need for subsequent semesters the wholesaler may buy the book for the national market. The wholesaler will pay between 10-33% of the books new price. The table below shows a direct correlation of our increase in timely adoptions to our increase of books purchased at buyback. For Fall 08 we had a 32% increase of books adopted before buyback but we had a 69% increase in the number of books we were able to purchase from our studentsat the premium buyback price. Because of your timely submissions we returned $353,352 to students at buyback. With the 3,604 used books we bought at buyback and the 2,748 additional books we initially purchased from wholesalers, for Fall 08 we supplied students with an additional 6,352 used text books!! Closing Spring 07 Closing Spring 08 Unit Difference $$ Difference Buy Qty Buyback Amt Buy Qty Buyback AmtUnits Percentage DollarsPercentage Chaffey 5,223 $ 181, ,827 $ 318, ,60469% $ 137, % Wholesaler 3,755 $ 51, ,881 $ 34, (874)-23% $ (16,734.93)-33% 8,978 $ 233, ,708 $ 353, ,73030% $ 120, %

High Prices Textbook prices have increased at a rate significantly outpacing that of the median household income, and the financial burden imposed on students because of these rising prices, combined with escalating student fees, increase the likelihood that some students will forgo or delay pursuing a postsecondary education. Moreover, at the California Community Colleges the cost of textbooks was nearly 60 percent of a full time student's total education cost in academic year Annual Student Fees and Textbook Costs for Full Time Students Enrolled in Postsecondary Educational Systems in Academic Year UC SystemCal StateComm College Annual student fees for full-time enrollment$5,850$2,772$480 Average annual textbook costs$905$812$692 Totals$6,755$3,584$1,172 Average textbooks costs as a percentage of fees and textbooks 19% 23% 59% Source: The Bureau of State Audits’ analysis of student responses to its survey and of student fee data

How We Price Our Books The bookstore takes a 25% markup on all textbooks. New textbooks prices are increasing at an alarming rate. Publisher Cengage increased its new textbook prices by 10% last December and by additional 10% this July. Additionally the cost of shipping (which we do include when we price our books) has increased. Publishers are adding fuel surcharges to invoices to cover their cost of getting books from their printers/binderies to their warehouses. For the school year the bookstore spent $155,353 in shipping fees, a 32% increase form the school year. While book prices and shipping cost have increased, we have not increased our markup in 15 years!!! Where the New Textbook Dollar Goes

Custom Books/Bundles The average student is paying approximately 17 percent of his/her annual textbook bill to support the increased frequency of custom books and bundles which leads unnecessary obsolescence*. Publishers producing "custom" textbooks and bundles that can limit students' use of the money saving trade in used books.. Publisher Tactics Negotiate a special price with faculty and call it a custom book with a special ISBN. Bundle the book with a custom CD or component for faculty. Bundle the book with supplemental materials (CD’s, workbooks, etc) which the instructor may not use. Bundle the book with an access code that cannot be purchased separately from the bundle. A survey by the California State Auditor revealed that between 69% and 75% of students have purchased bundled materials they did not use for class. *Source: California State Auditor August 2008 Report Affordability of College Textbooks:Textbook Prices Have Risen Significantly in the Last Four Years, but Some Strategies May Help to Control These Costs for Students You can check out a free online version of the report. Go to

How Faculty Can Help Custom books and bundle often hinder the bookstore and wholesaler from purchasing these books from students during buyback. Bundles with access codes, supplemental workbooks and missing CDs typically are considered obsolete on the used-textbook market. Before you adopt a custom book or bundle… Consider the supplemental components in the bundle. Will you be using the CD, workbook or study guide for class? If not, is the bundle necessary or will the text only suffice. Ask the sales rep, “Can the supplemental materials be purchased separately from the main text?” If the answer is no it is likely the book will not be eligible for buyback. Can the supplemental material be recreated in a manner that the bookstore can sell separately from the main text? If you have questions about a bundle or custom book, talk to the bookstore. If the components are unnecessary and we are aware of that before buyback, the bookstore may be able to buy the books back from students during buyback at the premium price of 50% of the new textbook cost.

e-books An e-book (for electronic book) is the digital equivalent of a conventional printed book. When questioned about the usage of electronic course materials, only 18% of students indicate they have actually purchased them.* While still a small percentage of textbook sales the growth potential in the next few years is projected to be huge. According to Publisher Wiley, its e-books retail for 60% of the price of traditional printed textbooks.** Pearson Education said it offers more than 1,500 e-books over the Web and through other vendors, pricing most at 50 percent of the prices of the printed textbooks.** Our e-book provider is Jumpbooks, a division of Nebraska Book Company. You have the ability to search the entire text for a word or phrase, add comments, create your own bookmarks, and print on demand all from your personal computer or laptop. Jumpbooks are designed to be used by a single user, on one or multiple computers. In most cases, Jumpbooks do expire. Expiration date can be located on the back of the each Jumpbook tag in the bookstore. The time until expiration begins at the moment you activate your Jumpbook. Jumpbooks does have a printing restriction, it can be located on the back of the each Jumpbook tag in the bookstore. *Source: National Association of College Stores Student Watch 2008: Student Attitudes & Buying Habits Revealed **Source: California State Auditor August 2008 Report Affordability of CollegTextbooks:Textbook Prices Have Risen Significantly in the Last Four Years, but Some Strategies May Help to Control These Costs for Student

e-books at Chaffey Fall 2008 Chaffey will offer 6 titles in E-book formats. Average pricing is 50% of new book price. An example of pricing for each version of the… St Martin Guide to Writing New Price: $77.50 Used Price: $58.25 e-book Price: $45.00 If you are interested in offering an e-book version of your text contact the bookstore and we will see if that title is available.

For helping us lower the cost of textbooks to students. If you have any questions the adoption process or course materials you can contact: Sylvia Martinez, Textbook Buyer x 6565 Tara Johnson, Assistant Textbook Buyer x6578 Marcia DuBois, Assistant Textbook Buyer x6573 Wendy Claunch, Assistant Textbook Buyer x6575 Wanda McGuire, Bookstore Coordinator (for course supplies) x6564

Resources If you would like additional information please review the sources we used for this presentation. California State Auditor August 2008 Report Affordability of College Textbooks:Textbook Prices Have Risen Significantly in the Last Four Years, but Some Strategies May Help to Control These Costs for Students You can check out a free online version of the report. Go to Scroll to the bottom of the page. Click on View this entire report in Adobe Portable Document Format (PDF) You can then read, print or save to your drive. National Association of College Stores (NACS) Student Watch 2008: Student Attitudes & Buying Habits Revealed Used Textbook Association (UTA)