BUYING TEXTBOOKS: A FEASIBILITY STUDY FOR UC DAVIS STUDENTS (MAY 30, 2000)
Heather Thompson
Writer’s comment: I
jumped to the theme of books and the Internet when I was asked to write
a feasibility study for my English 104A (Business Reports &
Technical Communication) class. Buying textbooks online was a topic I
had already dealt with broadly, in an Aggiecolumn, and
intimately each quarter, as I continued buying my books at the
Bookstore while looking for a foolproof way to get them online. I loved
having an excuse to meticulously research potential savings, but I was
delighted to find no clear-cut winner in the dynamic push and pull
between Internet and brick-and-mortar stores. Because our relationship
with the Internet and other technology fascinates me, this feasibility
study was great fun to research and write.
- Heather Thompson
Instructor’s comment:
Heather’s avid interest in new technologies for publishing and selling
books found expression in two splendid reports for my English 104A:
Business Reports & Technical Communication course. I have never
known a student who approached research projects with such passionate
excitement. Heather’s work always exceeded my expectations. Her trend
report, a wide-ranging survey of epublishing, also ranked among the
top-scoring entries for Prized Writing.Her impressive
feasibility report challenges other students to design their own
original research projects and perfectly illustrates how useful these
studies can be. I was therefore delighted to learn that Heather’s study
of female artists was being published in this year’s “Essays” volume of
Prized Writing.She is a brilliant thinker and researcher, and a remarkably versatile writer.
- Jayne Walker, English Department
Introduction
Every quarter, students try to find the cheapest and easiest
way to buy books for their classes. An alternative to the UCD Bookstore
has emerged during the last two years: buying textbooks online. Even
more recently, some of these online textbook stores have affiliated
with large universities so they can post class book lists and offer all
of these books for sale. This is intended to eliminate the need to buy
textbooks from different sites. Yet there are many hidden difficulties
that students should be aware of.
This study compares buying college textbooks from the UCD
Bookstore, bigwords.com, and varsitybooks.com. According to PC Data
Online, since August 1999, Bigwords and Varsitybooks have been the most
often visited and highest ranked online textbook stores (see Appendix
C). They are also the two leading sites which post UCD class lists and
claim to have the full selection of UCD class textbooks.
In theory, locating textbooks through online class book
lists makes buying textbooks much easier for students. In reality,
these sites do not provide all the books for UCD classes. This
comparative study of textbook store service from the UCD Bookstore,
Bigwords, and Varsitybooks is based on the following criteria:
selection, price, ease, and return and buyback policies.
Comparison
I chose a sample at the UCD Bookstore by:
– picking 13 classes in 6 popular majors at UCD.
– recording required and recommended books in new and used condition by ISBN and price.
I compared prices and selection at Bigwords and Varsitybooks by:
– searching individually and by class list for the textbooks.
– comparing savings between the Bookstore, online vendors, and retail prices.
– comparing the Bookstore’s required books list to the online class books lists.
See Appendix A for full research results and Appendix B for a summary chart of results.
Selection: Required and recommended textbooks in new or used condition
Textbooks for all UCD courses are available at the Bookstore. Books categorized by class have tags indicating:
– the price of new and used texts, author, ISBN, and publisher
– the required and recommended books
– the number of books required for the class.
Bigwords had
82% of new books required for the sample classes in stock, but only 60%
of the required used books. Though Bigwords posts UCD class lists, 4 of
the 13 classes I chose were not listed, and 6 of the 9 listed were
missing a book or had an extra one listed. Bigwords did not make a
distinction between required and recommended books.
Varsitybooks had 82% of new books required for the sample
classes in stock and does not sell used books. Varsitybooks had 11 of
the 13 classes listed on the UCD class list but 7 of these 11 were
missing texts or had extra texts listed. Although Varsitybooks makes
the distinction between required and recommended books, it incorrectly
stated a recommended book as optional and an optional book as
recommended.
| |
% new books available |
% of used books available |
# courses on class list |
# course booklists correctly listed |
| Bookstore |
100% |
98% |
13 |
13 |
| Bigwords |
82% |
60% |
9 |
3 |
| Varsitybooks |
82% |
0% |
11 |
4 |
Price: New and used textbook prices, including shipping and handling
The Bookstore sells new textbooks for an average of 7% less
than the list price, and offers used books which consistently average
31% less than list price.
Bigwords’ new books offered a 11% savings and used books
offered a 28% savings over retail prices in the hard sciences and one
social science (CHE, ECS, ECN). For the other social science and the
humanities (COM, POL, HIS), Bigwords offered new books at 13% cheaper
and used books at 27% cheaper than retail prices. This is an average
savings of 11% for new books and 28% for used books. Bigwords’s
shipping and handling is free unless students want to rush orders.
Varsitybooks offered 8% savings on humanities classes and one
social science class compared to retail prices. Textbooks for the other
social science and hard sciences offered a savings of 18% off retail
prices. These numbers give an average of 12% savings. Varsitybooks
charges a flat shipping and handling fee of $4.95.
| |
Average new savings on Retail |
Average used savings on Retail |
Shipping & Handling |
| Bookstore |
7% |
31% |
$0.00 |
| Bigwords |
11% |
28% |
$0.00 |
| Varsitybooks |
12% |
N/A |
$4.95 |
| |
COM, POL, HIS New Savings Retail |
COM, POL, HIS Used Savings Retail |
CHE, ECS, ECN New Savings Retail |
CHE, ECS, ECN Used Savings Retail |
| Bookstore |
3% |
27% |
9% |
33% |
| Bigwords |
13% |
27% |
11% |
28% |
| Varsitybooks |
8% |
N/A |
18% |
N/A |
Return and Buy Back Policies: Cost and convenience
The Bookstore allows returns up to two weeks into each
quarter. The Bookstore buys books back during the first week of school
and finals week.
Bigwords gives students 14 days from the receipt of their
books to return them. Students pay for return shipping and handling
unless Bigwords errs. Bigwords buys back some books at up to 50% of the
cost of the book, but no specific amounts were listed.
Varsitybooks will allow returns up to 30 days after receipt
of the order. If Varsitybooks errs, students will be reimbursed for
shipping and handling fees. Varsitybooks does not offer a buy back
program.
| |
Return Period |
Return Cost |
Buy Back |
| Bookstore |
14 days |
None |
First and last week of class; modest returns less than 50% original price |
| Bigwords |
14 days |
S/H if not their mistake |
Vague 50% buy back option anytime |
| Varsitybooks |
30 days |
S/H if not their mistake |
None |
Ease: Whole experience of finding and buying textbooks
The Bookstore’s main advantages are that it is on campus,
offers all books for all classes, has a no cost return policy, and has
staff on hand to answer questions. Disadvantages include long lines,
stalled credit card transactions, and having to go in person and drag
textbooks home.
Bigwords’ and Varsitybooks’ most obvious advantage is that
textbooks are delivered to students’ houses. The stores’ websites let
students search for books easily, though only one book at a time. The
detailed book information includes all prices and availability while
the shopping bag shows some or all of this information. Bigwords allows
students to remove multiple books at one time from the shopping bag
while Varsitybooks only accommodates one removal at a time. The biggest
drawbacks to both sites are the shipping time of 3-5 business days,
insufficient inventories, minimal savings, and for Varsitybooks, the
shipping and handling costs.
| |
Key Advantages |
Key Disadvantages |
| Bookstore |
On campus All books offered No-cost returns Staff on hand |
Long lines Stalled credit cards No delivery |
| Bigwords & Varsitybooks |
Good site design Information displayed up front Books delivered to house |
Can’t search for multiple books Shipping time and cost Availability and savings disappointments |
Recommendation
The idea of online textbooks stores posting university
class book lists is novel and has the potential to save students time
and money. But the current situation for UCD students shows that this
online source is not yet fully developed or dependable. Students must
do their own research if they wish to find the best deal; in general,
online shopping works best for paperback literature books and worst for
buying hardback technical textbooks.
Online class lists are more trouble than they’re worth.
Students wishing to purchase textbooks online should simply look up
each book by its ISBN and consider other online textbook stores (i.e.
ecampus.com, which searches for 10 ISBNs at once). Students also might
want to compare textbook prices at comparison sites like vivasmart.com,
textbookhound.com, and bestbookbuys.com.
References
http://www-bookstore.ucdavis.edu
http://www.bigwords.com
http://www.varsitybooks.com
http://www.pcdataonline/reports/free
APPENDIX A
APPENDIX B
| Online Textbook Store Criteria Comparison |
| |
New |
Used |
Return |
Buy-back |
S/H cost |
Savings on UCD |
Savings on Retail |
| Bookstore |
100% |
98% |
14 days |
Yes |
$0.00 |
n/a |
7%-31% |
| Bigwords.com |
82% |
60% |
14 days |
Yes |
$0.00 |
2%-21% |
11%-28% |
| Varsitybooks.com |
82% |
n/a |
30 days |
No |
$4.95 |
1%-45% |
12% |
APPENDIX C
| Online Textbook Store Rankings and Unique Hits |
| RANK — lower number indicates more favorable ranking |
| |
Aug 1999 |
Sept 1999 |
Oct 1999 |
Nov 1999 |
Dec 1999 |
Jan 2000 |
Feb 2000 |
Mar 2000 |
April 2000 |
| bigwords |
2219 |
2376 |
5261 |
2872 |
1057 |
395 |
878 |
1619 |
2477 |
| varsitybooks |
779 |
892 |
3592 |
3954 |
3230 |
484 |
2366 |
4087 |
4555 |
| ecampus |
799 |
1279 |
3453 |
7250 |
2233 |
423 |
3595 |
6603 |
6154 |
| efollett |
1159 |
2468 |
no data |
12363 |
4723 |
837 |
3025 |
7486 |
3683 |
| |
| UNIQUE HITS (thousands) — higher number indicates more visitors |
| |
Aug 1999 |
Sept 1999 |
Oct 1999 |
Nov 1999 |
Dec 1999 |
Jan 2000 |
Feb 2000 |
Mar 2000 |
April 2000 |
| bigwords |
233 |
236 |
102 |
217 |
479 |
1,425 |
700 |
454 |
342 |
| varsitybooks |
591 |
576 |
158 |
155 |
161 |
1,181 |
281 |
185 |
185 |
| ecampus |
577 |
413 |
164 |
66 |
237 |
1,332 |
189 |
110 |
134 |
| efollett |
418 |
227 |
no data |
24 |
98 |
757 |
222 |
96 |
233 |
| Source of data: www.pcdataonline/reports/free/ |