Textbook buyback is a very important topic for today’s students who need every possible opportunity to save money. With the textbook buyback process, students can sell their used textbooks in a brick-and-mortar store or online and purchase used textbooks at a significant discount. In this article, we will explore the ins and outs of buying, selling and trading your used textbooks to save money. Read on to learn more.
Online VS Real World Textbook Buyback
What is the difference between conducting your textbook buyback transactions online or at a brick and mortar store? Which is better? The fact is, both methods of transaction in used books have good points and bad points. You will probably wish to do some of your trading online, some at your campus bookstore and/or other shops and some with individuals. Here are some things to keep in mind in making your choices.
Brick & Mortar Textbook Buyback
This is the type of textbook buyback that we are most familiar with. In this scenario, you must be physically present at the bookstore (whether on-campus or otherwise). This can be a lengthy and hectic process that involves standing in line and a bit of haggling.
Although most bookstores will buy textbooks at any time, it’s important to understand that you will get the best prices when you sell your books immediately following the completion of your class. Additionally, the law of supply and demand applies. The more demand for the book you have to sell, the better price you will get. Even so, very often students feel that they have not gotten a fair deal.
Online Textbook Buyback
Buying and selling textbooks online is often easier and more lucrative than dealing in person. You can list your textbooks and shop for textbooks 24/7 every day of the year. You can use your phone, tablet, laptop or PC to list your books and shop for books. Very often, you can get perks such as free shipping.
If you are selling your books, you may need to stand in line at the post office or visit a private shipper such as FedEx or UPS. All-and-all, conducting textbook buyback online is far more convenient and a good way to fetch the best price for your books and purchase used textbooks reasonably.
Time Your Textbook Buying & Selling For Success
The time of year greatly affects the price of textbooks. Not only are there good months for used textbook sales, recent analyses have found that there are actually preferred days. Specifically, the cash rebate website known as Extrabux declares that the very best days for selling textbooks are:
* August 20 through the 26th
* January 7 through the 13th
Conversely, the site found that the very worst times to buy and sell textbooks are:
* November 19 through the 25th
* April 9 through the 15th
These dates are reflections of the time honored theory of supply and demand. Clearly, the best time for selling textbooks is when there is a high demand (i.e. just before the start of classes). The worst time for buying and selling textbooks is when people are distracted and focused on other things (i.e. the holidays and/or Spring Break).
Another factor to keep in mind is that you will fetch the best prices for your textbooks when there is a high demand and low supply. This means taking advantage of the times of year when students are most likely to want to buy textbooks.
When there are more people seeking textbooks than there are textbooks available, you can charge higher prices. Conversely if you are one of the people doing the seeking, you will pay higher prices. This means that you can save some money on your textbooks if you can time your purchases so that you are buying during the “worst” days of the year!
Where To Go For The Best Online Textbook Prices
Another factor that makes a big difference in the cost of textbooks is the source. There are huge numbers of textbook and general book websites online. Among those popular are:
* Barnes & Noble
These are just a few of the top sellers, but to find more you can visit sites such as BigWords.com and CampusBooks.com, that provides you with the most recent, updated information regarding buying and selling textbooks online. These sites are very handy for finding out what textbooks are currently available or in demand. You can also find out what the going rate is for the textbook you seek. Additionally, they provide information about the reliability of websites conducting textbook exchange.
Explore Creative Alternatives for Textbook Buyback
It almost goes without saying that whether you sell your textbooks online or in a brick and mortar store, you will probably not get the very best price. The reason for this is that you are going through a middleman. Whenever you can, deal face-to-face with your fellow students. There are also a number of “out-of-the-box” ways to find good deals on textbooks. Among them are:
* See if your school’s admissions office will share the roster for the next semester of the class in which you are currently enrolled. If so, you can contact the students and make arrangements in advance to pass on your textbooks for a price.
* Check to see if your school organizes a book exchange and trade program. This is a perfect opportunity to trade textbook for textbook with other students.
* Take the time to coordinate with your friends when scheduling your classes. You may be able to share books or organize your classes in such a way that you can simply make an even trade at the end of the semester.
* Check out the website known as LocalTextbook.com, which is dedicated to textbook purchases, sales and trade and modeled itself after Craigslist.
* Find out if the textbook you need is available as an affordable e-book format or in an open source format.
How to Get the Most Monetary Return on Your Textbook Investment
It’s always smart to plan on selling your textbooks when you are done with them, here are a few tips to help you get the best buyback price you do.
1. Protect Your Textbooks
If you put your textbook through a beating, you’re unlikely to get a good price for it when you sell it. Handle your textbooks with care and protect them by keeping them covered to carry them about. You can do this by sealing the edges with painters’ tape, which is easy to remove and leaves no residue. Alternately, you can go the old-fashioned route and use a book cover. These can be purchased, or if you are clever you can make one out of a brown paper bag. A well protected book will sell for a lot more than one it is scratched up, dinged and dented.
2. Don’t Write in Your Books!
Many people have allowed themselves to fall into the bad habit of writing in the margins of their books and highlighting text that they deem important. This is a very good way to lower the value of your book. Instead of writing in your book, develop the habit of keeping a notebook and/or using sticky notes to mark sections of your book to which you wish to return.
3. Make Copies Of Important Pages
If there are pages that you will return to again and again, make copies of them so that you can write on them, highlight them and otherwise abuse them to your heart’s content. This will provide you with an easier to carry version of the information while protecting your textbook. Alternately, you could make digital images by scanning the pages. Then you would have them handily available on your phone, tablet or laptop.
4. Remember the Shipping Costs!
Whether you are pricing your own textbooks for sale online or seeking textbooks to purchase, be sure to include the shipping cost. If you find a textbook that seems too cheap to be true, make certain that you are including the cost of shipping. Very often, sellers make their money from high shipping costs and not from book sales. Conversely, when you are pricing your own books for sale remember to factor in your shipping costs or you may end up losing money.
Textbook Buyback Is An Integral Part Of The Modern College & University Experience
With the high cost of tuition these days, there are very few students who do not need to count every penny and economize in every possible way. When you take the buying, selling and trading of textbooks in stride as a normal part of your educational experience, you will be better able to plan for and benefit from the activity. Follow the advice and tips presented here to make the most of your textbook budget.