course materials: holding the line a charge to keep tartan campus store sinclair community college...
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Course Materials: Holding the Course Materials: Holding the LineLine
A Charge to KeepA Charge to KeepTartan Campus Store
Sinclair Community CollegeSolely Owned and Operated by Sinclair Community College
Faculty SenateNovember 19, 2003
For Discussion Only --Faculty Senate Minutes, Nov. 19, 2003Attachment FSMA20031119-03B
SINCLAIR COMMUNITY COLLEGE
Solely owned & operated by Sinclair Community College.– Policies are those established by the
administration of the College– All excess revenues are used to support
Sinclair’s mission
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
Among the largest college stores in the U.S.A. based on retail salesTop 25% in the nation*Serves 23,000 students locally, nationally and internationallyEmploys 13 full time employees and up to 40 part time
employees.
* 2003 College Store Industry Financial Report. National Association of College Stores. Oberlin, Ohio. 2003.
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
ExperiencedOver 60 years of accumulated experience and
knowledge in the college textbook market.Knowledgeable and dedicated staffGood resource for information
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
How Has Textbook Pricing Changed over the Past 5 Years?Stores’ Gross Margins
On New TextbooksCollege Textbooks
PPI % Change
Core PPI
% Change
1998 22.0% 3.4% 0.9%
1999 22.3% 5.5% 1.7%
2000 22.8% 5.2% 1.3%
2001 22.7% 7.8% 1.4%
2002 22.9% 6.5% 0.1%
2003 22.4% 6.7% .03%*
Pricing PolicyPricing Policy
Tartan Campus StoreSinclair Community College
Strive to Maintain Low Prices
• Lowest prices of any community college in the state of Ohio, levy supported or not– 20% Margin on new books (25% Margin is
national standard)– Realized margin of 17.3%
Retail Margins of Textbooks Retail Margins of Textbooks (Ohio)(Ohio)
25% 25%22% 25%
25%
25%
25%
20%
Tartan Campus StoreSinclair Community College
Example of Price Example of Price ComparisonComparison
Tartan Campus StoreSinclair Community College
0321097009
SCC 64.70$ eCampus 65.55$ Book Place 68.20$ BookBestBuy.com 68.39$ Barnes & Noble 69.00$ Amazon US 69.00$ Powells 70.50$ Blackwells US 73.00$
Kishlansky: A Brief History of Western Civilization; Pearson, 2001
Prices gathered at www.bookhq.com
Example of Price Example of Price ComparisonComparison
Tartan Campus StoreSinclair Community College
0716751291Hockenbury: Psychology, VHPS, 2003SCC 83.75$ Barnes & Noble 89.50$ eCampus 90.39$ Amazon US 95.15$ Blackwells US 97.25$
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Prices gathered at www.bookhq.com
Example of Price Example of Price ComparisonComparison
Tartan Campus StoreSinclair Community College
0324294425
BookBestBuy.com 106.55$ eCampus 107.30$ SCC 109.10$ Blackwells US 112.95$ Amazon US 112.95$ Barnes & Noble 117.95$
Warren: Accounting (Text & DVD), Thomson Learning, 2002.
Prices gathered at www.bookhq.com
Example of Price Comparison
Tartan Campus StoreSinclair Community College
0312201060Kennedy: St. Martin's Guide to Writing
SCC 56.25$ Blackwells US 59.37$ Barnes & Noble 59.75$ eCampus 60.71$ Amazon US 63.90$
Prices gathered at www.bookhq.com
Tartan Campus Store
Sinclair Community College
10.9
4.8
Provide More Used Textbooks
• Student buyback– Now provided year round
• Textbook wholesalers– Always seek used textbooks first
– Use robot search engine software
– Greatly increase used book availability
• Used books are the best value for students
Considerations When Considerations When Selecting Course MaterialsSelecting Course Materials
• What will the end cost be to the student?• Is there a less expensive format available?
– Binding– Black & White vs. color plates
• Is the text published in sections?• If all of the text will not be used, can we have only the portion
we use custom published?• Remember – Large adoptions gives you great bargaining power!
Tartan Campus StoreSinclair Community College
Considerations When Considerations When Selecting Course MaterialsSelecting Course Materials
• Do we need the “package deal”?• Are all of the components required for the course?
– If not – can we buy back the required components from students to resell as used?
– Are consumable materials in the package available at a reasonable price?
Tartan Campus StoreSinclair Community College
Sinclair Community College Mission Statement
• We help individuals turn dreams into achievable goals through accessible, high quality affordable learning opportunities.
- approved by the SCC Board of Trustees, February 11, 1997
Jeanne Lasko, Manager
Joe Tobias, Asst. Mgr./Buyer
Jody Yarnall, Book Buyer
Phone: 512-BOOK