Campus Books Rentals Has Officially Partnered With Operation Smile To Fund A Minimum Of 1,000 Surgeries In 2011
For every book rented, Campus Books Rentals will be donating a portion of the proceeds to Operation Smile, and for every 1,000 Facebook likes, they will fund an additional surgery -Just in time for the Winter Semester - Campus Book Rentals - Why Buy When You Can Rent?
- (1888PressRelease) December 16, 2010 - Campus Books Rentals has officially partnered with Operation Smile to fund a minimum of 1,000 surgeries in 2011. For every book rented, Campus Books Rentals will be donating a portion of the proceeds to Operation Smile, and for every 1,000 Facebook likes, they will fund an additional surgery -Just in time for the Winter Semester - Campus Book Rentals - Why Buy When You Can Rent?
In 2007, five visionary businessmen came together to build a revolutionary concept, one that would benefit college students across the nation. Campus Book Rentals has grown from an obscure idea to one of the world's largest textbook rental companies in just over two short years. The service is similar to Netflix, the online movie-renting service where the DVDs are shipped to houses and then shipped back. The service is easy for students, and it's meant to save them money.
With the launch of its Bookstore Solutions division in the summer of 2009 CampusBookRentals.com became the first online rental player to enter the walls of college bookstores using custom branded touc h screen kiosks and a technology platform for in-store textbook rental management.
Alan Martin, CEO of Campus Book Rentals, built this company from the ground up with the help of his fellow businessmen, Todd McCormick, Shane Willard, Ken Martin, and Rocky Moline - all of which graduated from Utah's Weber State University. The idea came to him while he was a graduate student and was about to shell out hundreds of dollars for a yet another textbook.
"There's a lot of commotion right now in the textbook rental space, but two things Campus Book Rentals has on its side are significant textbook rental experience and a program where the bookstore itself is the primary beneficiary. Our platform is not only financially the most advantageous for bookstores, but is based on three years of rental management experience, which is invaluable considering the complexity of implementing a rental program alone. We held our silence as we tested this through 2009 and early 2010, but we're breaking that silence with the number one, most bookstore friendly in-store rental solution", said Alan Martin, Founder and CEO. "We do far more than simply help bookstores maintain their margin or pay them a small commission. On the contrary, we help bookstores maximize the value of their own inventory by renting and re-renting their own titles, drastically improving their bottom line. All the while we guarantee 100% of the risk, leaving only upside for the bookstore. Students love the convenience of the bookstore but the high price of textbooks has forced them to shop elsewhere. Our platform and touch screen kiosks offer a real solution to a real problem and bring market share and profitability back to the bookstore. "
"We all went to college," says Martin. "We know what it's like to have to work crazy hours for a month just to turn around and spend that hard-earned money on books you're only going to use once."
With all of the expenses a college student has to worry about, textbooks shouldn't be one of them. Campus Book Rentals helps students in the battle for their degrees. Over the past decade, textbook prices have risen at twice the rate of inflation, according to a 2007 study by the National Association of College Stores. Though legislation in Congress and several states aims to bring down these costs, little has been accomplished. In the meantime, savvy students continue to shop for books online at sites like ebay and Amazon to try and save some cash, and then go back online to sell them to another savvy student. On average, college students shelled out $900 a semester for textbooks, according to a 2005 federal report. In some cases, a single science book can cost $200. The price of textbooks nearly tripled between 1986 and 2004, rising an average of 6 percent a year. (During this same period, inflation rose a mere 3 percent a year.)
Campus Book Rentals now serves over 5,000 college campuses by renting textbooks at less than half the price college bookstores are selling them for.
~Jaimie
Jaimie L. Adler-Palter
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