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Andy Bird, CEO of Pearson, one of the biggest textbook publishers, recently said he's looking at the blockchain and NFTs as a potential way to give the company part of the sales of secondhand textbooks.
These options have advantages and disadvantages; for example, buying etextbooks is absolutely safe and depends only on your personal preferences. If you are a visual learner who feels comfortable reading from the screen, just go for it. As for used textbooks, some are in good condition, and a few highlighted sentences can even help you better navigate the text.The situation, however, is a bit different regarding alternative international editions, which can be slightly different from U.S. editions. This option is risky despite its attractive price. In some cases, you may need materials your textbook lacks. You may try and find those missing materials elsewhere. For instance, in college essay examples discussing the contents. Renting textbooks is a great choice that has few to no disadvantages unless you want to keep them forever.Some online bookstores combine all these options. Based on our experiences, we have nominated the top 10 best sites to buy cheap textbooks online.To make our review unbiased, we searched for the following two popular textbooks in the top online textbook stores:
Books-A-Million takes a well-deserved 10th place among the best sites to buy cheap textbooks online.Price:$276 & $245 respectively are the prices for new printed books.Navigation:The site has an easy-to-use search tool and intuitive design. You can easily find the textbook you need by ISBN, title, or author.Options:New and cheaper used copies of textbooks are available.
AbeBooks offers a wide range of textbooks matching various interests and financial situation.Price: $28.58 & $131.35Navigation: advanced search options, including search by date of publication, publishing company, edition, price, etc.Options: new and used books
ECampus with its variety of available options and items, convenient search, and moderate pricing wins silver in this rating.Price: $126.30 & $ $214.23Navigation: search by title, author, ISBNOptions: new, used books, different renting plans, etextbooks
Finding cheap textbooks online is possible and highly recommended. Hopefully, this post will make it easier for you to find them. Online bookstores offer interesting deals and great opportunities to reduce the cost of buying textbooks. You can find many other online textbook stores on the web these days, but the top 10 tried-and-tested textbook stores nominated in this post deserve your attention.Make wise purchasing decisions and study smarter!
In the United Kingdom, Pearson owns Edexcel, an education and examination board. Edexcel has produced qualifications which link to Pearson texts, although Edexcel also continues to endorse textbooks published by other companies. Edexcel has also faced criticism over repeated leaks of exam material in consecutive years; police investigations into some of the incidents were referred to prosecutors.
Pearson, the largest of the Big 5 textbook publishers, also has a longstanding reputation for being particularly evil and uncaring. A decade ago, we wrote about how it had sent a single DMCA notice that resulted in 1.5 million teacher and student blogs being deleted. The company also was a key plaintiff in suing a startup that tried to offer free alternatives to super expensive textbooks (the lawsuit was eventually settled with the startup shifting business models, before it was acquired and its cheaper textbooks were shut down).
It would be interesting to see the purchase/usage statistics offered in this article compared with usage statistics of open educational resources. I suspect that increased use of open educational resources is part of the reason why students and their parents are spending less on textbooks.
The traditional model for publishing textbooks has been simple: An author, typically a full-time college professor, writes a textbook under contract with a publisher. The publisher puts out a print edition, gets course instructors to adopt it and sells it in college bookstores. If the textbook is popular, the professor will write an updated edition under a new contract every few years. A highly popular textbook will last through many editions; Paul Samuelson's Economics, for example, dates back to 1948 and is now in its 19th edition.
This model has serious limitations, which the digital age has thrown into sharp relief, making it increasingly untenable. First and foremost is the problem of used textbooks. Students generally don't need to hang on to their textbooks for more than a semester or two. It's perfectly legal to resell your textbooks and to buy used ones, so students do it all the time, and of course, publishers make nothing from resales. So a main reason that publishers push authors to write new editions of textbooks is to give course instructors reasons to adopt them; still, writing, producing, printing and distributing a new textbook just because some small amount of material (or the formatting or cosmetics) has changed is quite inefficient.
Second, it's much easier nowadays for course instructors to find materials other than textbooks to assign to their students. Free web content, magazine articles, open educational resources and trade books (books sold at regular consumer bookstores for much lower prices than textbooks) are increasingly popular curriculum elements. And course instructors often adopt textbooks only to assign a few chapters in them.
For a while, many students simply put up with this, but then more and more alternatives became available. It was no longer necessary to look at notes pinned up on the dining hall bulletin board to find copies of used textbooks; you could get them online on websites like Chegg, and college bookstores began to buy and resell them. And professors could find alternative materials online.
Pearson's announcement disrupts the status quo by moving textbook production and distribution to digital-first. Most of the 1500 titles that Pearson publishes in the U.S. will switch to a model in which the e-book is the primary delivery vehicle. E-textbooks will be in "reflowable" XML-based formats for a decent reading experience on mobile devices, and semester (or school year) length rental, for an average price of $40, will be the primary distribution term. Pearson will still make print books available, but it won't sell them; instead it will only rent them directly to students. It will stop updating the print editions of all but 100 of its titles.
The advantages of digital-first include that it will be much easier to distribute updated content in e-books than with print books, and it will no longer be necessary to produce entirely new books to incorporate a few changes. This will make it unnecessary to convince course instructors to adopt new editions of textbooks. Digital-first also makes it easy to reformat materials to reflect changes in reading devices and apps.
There are also strategic advantages of this scheme for Pearson, despite the much lower prices it will be able to charge. Pearson is using digital-first as an occasion to take control over distribution channels. By renting textbooks directly to students and largely bypassing intermediaries such as college bookstores (a market dominated in the U.S. by a single company, Follett), Pearson can increase its margins and get better data about sales that will lead to smarter product decisions.
While Pearson is the first educational publisher to move to digital-first editorial processes, it's not the first to try a new distribution model. Last year, Cengage, another major publisher, launched a subscription service called Cengage Unlimited. In this service, students can pay $120 per semester or $180 per school year and get access to e-book versions of any titles that Cengage publishes, or rent them in print for an additional $8 per semester each. It even offers an online calculator so that students can see if they will save money each semester by signing up for Cengage Unlimited instead of buying textbooks outright.
In other words, Cengage is also taking steps to extend its control over distribution channels. This contrasts with a move that the major educational publishers made in the late 2000s: they formed a joint venture called CourseSmart, a single place where students could buy or rent e-textbooks from all the participating publishers. In anticipation of the publishers' desires to take control over distribution channels, they sold CourseSmart to publishing services giant Ingram Content Group in 2014 and stopped making some of their titles available through the service.
However, one thing hasn't changed: Regardless of their format, publishers still produce monolithic objects called "textbooks." The next phase of the industry's digital transformation will be a long-sought move to producing content in smaller recombinable digital "learning objects." That requires another set of fundamental changes in editorial, production, and distribution processes. It will be interesting to see what pain points hasten that transformation.
Report Highlights. The cost of college textbooks ballooned for years, but increased use of ebooks has reduced the cost to the consumer; the average ebook is 31.9% less expensive than its hard copy counterpart.
Finally, the cost of ebooks and LMS access has ballooned. While publishers do not have to pay the costs of printing, binding, and shipping textbooks, data storage is a major expense. Data storage requires physical real estate and energy for host servers, both of which have become much more expensive over the last several months. This means that for profit margins to remain the same (an estimated 22%), publishers and retailers must raise prices, limit their services, or make up the lost profit elsewhere. 041b061a72