More Savings Information
Okay, here is what I have found...
On a sample 250 books SOLD on the Bookexchange
Average New Price: $93.56
Average Used Price: $70.17
Average Selling Price on Bookexchange: $52.08
Savings:
From New Price: $41.48 (44.35% savings)
From Used Price: $18.09 (25.78% savings)
If you apply the savings percentages from those samples to ALL of the books sold on the Bookexchange (757 books)...
Total Savings:
From New Price: $15,109.55
From Used Price: $8,786.03
So, depending on how the ratio of how many students get their books used as opposed to new (at the Bookstore), the Bookexchange has saved BYU students between $8,800 and $15,100.
On a sample 250 books SOLD on the Bookexchange
Average New Price: $93.56
Average Used Price: $70.17
Average Selling Price on Bookexchange: $52.08
Savings:
From New Price: $41.48 (44.35% savings)
From Used Price: $18.09 (25.78% savings)
If you apply the savings percentages from those samples to ALL of the books sold on the Bookexchange (757 books)...
Total Savings:
From New Price: $15,109.55
From Used Price: $8,786.03
So, depending on how the ratio of how many students get their books used as opposed to new (at the Bookstore), the Bookexchange has saved BYU students between $8,800 and $15,100.
posted by Nathan at 11:31 AM
2 Comments:
this is amazing -- are you doing all this book exchange stuff single-handedly? how much time have you invested in this program?? i am busy all the time and cannot fathom how you keep up on this .. wow.
I was the major drive behind the Bookexchange. I built it, I worked to get all the approvals, I've done most of the work. But it wouldn't have been successful without the support of the following people:
Jon Kau, Associate Dean of Students
Karl Hale, VP of Technology to the Associate Dean
Roger Reynolds, Director of the Bookstore
Without their approvals, the Bookexchange wouldn't be what it is.
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