Transcript Document

Virtual Bookstore and Marketplace
Innovative eLearning Partner for Schools
Cost-Saving Resource for Students
August 15, 2013
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Textbook Prices Changes Directly Impact Learning
In the past 10 years, textbook prices have increased by a total of 82% over this time period,
while overall consumer prices grew by 28%.
The National Association of College Stores (NACS) reports the average college student will
spend $662 on required course materials in the past 12 months.
2008– the Higher Ed Opportunity Act was signed as Federal Law.
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What Does this Mean to You as Instructors?
• 1 in 3 students don’t purchase required texts – proven to directly affect retention.
• Students often show up to class without the required materials, unprepared.
• Students are shopping elsewhere (Amazon, eBay, half.com etc.) and often
purchasing the wrong book/edition, or even international editions & desk copies.
• Students are unable to use their school-sanctioned financial aid to purchase
competitively.
• To compensate for lost sales, publishers are producing new
editions more frequently, with more custom editions and
bundles which can’t be easily sourced elsewhere.
• Faculty have difficulty locating high quality,
cost-effective materials
How can Akademos help?
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Winter 2014 – A New Partnership with Akademos
A Positive Change for Davenport
Starting this January, Davenport University & Akademos will launch a new virtual bookstore &
marketplace designed to automatically display course materials through a single sign-on, offering a wider
variety of purchasing options (including 3rd party marketplace options) at the point of registration.
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What does this mean for DU students?
More Choices, Wider Availability, Lower Cost.
OUR MULTI-POINT SUPPLY CHAIN PROVIDES DAVENPORT WITH A TIMELY, ACCURATE AND
LOW COST SOLUTION:
Direct Inventory
3rd Party Marketplace
Sellers
•2 Warehouses
Rental Partners
• 85% availability
• Over 100 million books
•Averaging 60% off list price
• For the first time, students can
apply Financial Aid even in the
marketplace
eBook Providers
• Akademos eReader
Publisher Drop Shipments
• 24 hour shipment window
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Specially Prepared for:
List/New Price
Fall 2013
Akademos
Marketplace
Price - Used
$108.67
BUSN 120: Business an Intro.
$14.85
$175.20
CHEM 150: Basic Chemistry
$24.74
$247.95
ECON 200: Microeconomics
$24.51
$204
ECON 201: Macroeconomics
$87.99
$186
GEOL 120: Astronomy
$23.77
$232.96
BIOL 110: Biology: Concepts
$71.43
$228.33
BIOL: 211: Microbiology
$71.50
$246.95
MATH 135: College Algebra
$234.67
MATH 250: Discrete Math
$39.11
$250.95
MGMT 725: Leadership
$24.77
$181.67
TOTAL
PHYS 100: Conceptual Physics
$81.21
TOTAL
$2297.35
$107.81
$571.69
Actual Prices
Lowest purchase price per title was selected on Aug 12, 2013
Price and quantities subject to availability
Students Save Over $1,725 off list price,
and can still use financial aid, even in the marketplace!!
“They are a technology company that joined the virtual bookstore business, as opposed to a
textbook wholesaler that added the technology.” - Gerry Halpern, Touro College
From the Students’ Perspective
Let’s take a Closer Look at the Student View…
DU student site
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eReader
Nook, Kindle, iPads/Tablets, Smartphones, Laptops
• Formatted for tablets, laptops & desktops (HTML5)
• Print copies easily obtainable
• Highlighting, note taking, annotation, book marks etc.
• Editing functions for faculty
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CUSTOM COURSEPACKS
Lowers Student Cost, Offers More Faculty Choice
$332
Purchased individually
Actual example from Metropolitan College
of New York (2011)
$105
Purchased as a Custom CoursePack
Students save 68%
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CUSTOM COURSEPACKS
Easy for Faculty to Create with Online Tools
Design your own cover, pick your binding
& specify number of desk copies.
Select content, specify page numbers
and/or attach your own notes/handouts.
We clear all copyrighted materials.
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ADOPTION TOOL
Facilitating Textbook Discovery and Adoption
TEXTBOOKADOPTER
www.adoption.akademos.com
• Easily search & compare textbooks by
subject across all publishers
• Compare used & marketplace
availability, as well as eBook & OER
options
• View Adoption Lists from other
schools, as well as unbiased reviews
from faculty
• Sort by affordability, publication date
or license
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Where Should We Send Students With Questions? Click on “help”
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Overview of Marketing Initiatives
ADD BANNER/LINK TO DAVENPORT.EDU WEBSITE
• Akademos will work with DU to post a customized banner/link up on homepage
• Akademos will provide single-sign on through Banner SIS
DISTRIBUTE MARKETING MATERIALS TO STUDENTS
• We provide DU with Emails, Flyers, Post Cards, Posters, Table Tents, FAQ’s etc. to distribute
SEND CUSTOMIZED EMAIL CAMPAIGNS
• Send customized student email campaigns
HIRE STUDENT INTERN(S)
• We will hire a student to assist us in marketing on campus
CONDUCT FACULTY OUTREACH
• Ask Faculty to add Bookstore link to their syllabus, LMS, and all communication to students
• Inform faculty via on site in-services and/or webinars of additional services Akademos
offers: CoursePacks, Adoption Tool, etc.
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Our Goal for Davenport University
ALIGN STUDENTS, FACULTY AND ADMINSTRATORS
TO IMPROVE SATISFACTION WITH COURSE MATERIALS
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