Faculty
Textbook Adoption & FAQ's |
We ask for your adoption information about six weeks before
the prior term ends, because when we know in advance the materials you
will be using, it has a positive impact on everything that happens later.
It gives us time to review all the orders to ensure that we fully understand
which materials you want and to ensure that we can properly identify the
ISBN and publisher or other source.
It gives us time to search for used books on the national market and makes
it possible for us to pay up to 50% of the purchase price to students for
texts that have been readopted.
It gives us time to communicate with you if there are problems, such as
titles being out-of-stock, out-of-print or available in a new edition which
you didn't specify.
The number of texts ordered is based on your estimated
enrollment, current enrollment information from the registrar, and the
history of sales for the course in prior semesters. Our goal is to have
books in sufficient quantities for your class, with enough copies left
over to meet unanticipated demand.
In any given course, however, it is possible for us to run out of books.
Sometimes enrollment exceeds our estimates. Sometimes the publisher is
out of stock or, in the case of bundles and custom texts, needs extra time
to get reordered quantities to us. And sometimes we simply make mistakes.
Any one of these issues can cause us to run out of inventory and create
a problem for you and your class.
We do use estimated enrollment numbers, as well as sales history, in determining how many copies to order. However, there are many factors that can impact order quantities. Declining sell-through—that is, the number of books we order that actually sell—due to increased online competition has become a major factor in our decision making process. The increasing variety of course materials also impacts the ordering decision. For example, custom published materials usually enjoy higher sell-through, while textbooks packaged with supplementary materials sell fewer copies. The age of the edition is also a consideration, since the longer an edition has been around, the more alternate sources students can find, such as buying or borrowing from a friend.
While we budget to have surplus inventory, excessive returns to publishers
are expensive. It costs 10% to 15% of the cost of the book to return it
to the publisher, more if the publisher charges restocking fees. When you
add up labor, freight and associated paperwork processing costs, the average
cost of returning a text that hasn't sold is about $10 per book.
We try to determine how many students still need books and then order them immediately for next or second day air delivery. We realize that being without the required text is a serious issue for students and for you, and when that happens, we try to react immediately and get the books in as fast as possible.
If you know that sales or enrollment next term are likely to differ from past history, for example, because of the way you are going to use the text in class, please let us know as soon as possible—when you place your adoption, if you know at that time. Also, please respond as soon as possible when we contact you about a textbook issue.
As soon as a publisher notifies us that a book is unavailable out-of-stock, out-of-stock indefinitely or out-of-print—we first search the national wholesale market for new and/or used books to see if we can secure enough copies. If not, we will immediately contact you to discuss the situation so that you can make an alternative selection, if possible.
Having your texts on the buyback list at the end of the term is critical for us to keep costs down for students. We need to know which texts you will use in the fall far enough in advance to do the research and make sure those titles are on the buyback list. In addition, problems do arise. Books go out-of-print or out-of-stock and editions change. Some ISBNs are more difficult to verify now that there are so many bundles and ancillaries, and in general, we find that instructors are harder to reach over the summer.
Even if your students don't sell their books, it gives us a chance to locate used copies from other sources. Industry research shows that nearly 80% of undergraduate students prefer to purchase used books—demand that far outstrips supply. The search for used books from textbook wholesalers begins months before the beginning of the term.
It is important for us to have your confirmation, because courses change, and editions change frequently ... about 25% of basic texts change editions each year. However, you don't have to wait until the adoption date to let us know, and if you are sure you are going to use the book every time the course is taught until it does change editions, we welcome knowing that in advance. We will probably still seek your confirmation each term, because we don't want to risk a problem.
Yes, books that are readopted are bought back from students at up to 50% of the purchase price until we have as many copies as we think we'll need; non-adopted books are bought back at up to 33% of the new book price, depending on national demand.
Our goal is to have every book on our shelves no later than two weeks prior to the start of classes, earlier if possible.
We will accept your adoption information any way you choose to deliver it. Often department administrative assistants collect adoptions and submit them at one time. We understand and appreciate the workload of department administrative assistants; however, please encourage them to submit adoptions to us as they are received, so we can begin working on them at once. The earlier we have the information, the less likely we are to have problems and the more likely we are to find used books on the national market.
Please contact us should you need any information or clarification about
how the adoption process works. Keeping the lines of communication open
will benefit all of us.
Of course it depends on the discipline and other factors, but in general, about half of the used books on our shelves were bought back from students on our campus. The rest were obtained from used book vendors. While we always will have new books available for students who prefer them, in general, we try to maximize our supply of used books.
Briefly, textbooks require a larger investment to write, involve greater peer review, call for more comprehensive editing, and cost more to produce than general trade books. The textbook publisher's development costs are substantial, as are the costs of illustration programs, color and durable bindings. Textbooks are usually produced in smaller print runs, eliminating economies of scale, and their edition life is increasingly limited. Finally, marketing costs for textbooks are significant and are a substantial factor in textbook pricing. Examination copies are expensive, as are the test banks, ancillaries and faculty support materials that have increasingly become the norm in this market.
We are convinced that the best way for a student to save money is to buy a used book from our store and then sell that book back at the end of the term. The savings are substantial ... up to 63% off the price of a text bought new and not sold back.
However, we are aware that some instructors tell students to buy from online bookstores. While this may save students some money, these sites may also create unintended problems.
Our research has shown that students usually end up buying
from numerous individual suppliers who contract with an online store to
sell their books. Consequently, service and order fulfillment time can
be inconsistent, unpredictable and inaccurate. Refunds and exchanges can
also be problematic.
Finally, when business is directed away from our store,
it is harder for us to meet our obligations to your campus, specifically
the obligation to secure all the course materials adopted by all faculty,
including foreign editions, association publications, small press titles,
custom course packs and bundles. We don't focus just on the large adoptions
and ignore the more time-consuming, less profitable titles, as online retailers
often do. Our job is to acquire all required books, regardless of nature
or origin, and we'll do everything possible to have all of the materials
required for every course, in the right quantities at the right time.
The bottom line for us, if you will, is that we need your adoptions on
time so we can obtain the right books for the first day of classes, address
problems in a timely fashion, pay students the best price for their used
books, and provide the used books students expect and demand.