Press Releases

New White Paper: A Roadmap for Colleges and Universities on Improving Textbook Affordability

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Akademos Inc. releases a new White Paper, Reducing Textbook Costs through Transitioning to an Online Bookstore, with case study data from institutions that have successfully made the transition and key best practice recommendations for Colleges and Universities interested in evaluating new lower cost textbook and class material options for students.

Today, Akademos Inc. released a new White Paper that outlines best practices for Colleges and Universities to address the concerns of administrators, faculty, students and parents over the escalating cost of textbooks.

The White Paper highlights the recent experience of two institutions that have successfully addressed textbook affordability by making the transition to an online bookstore. Furthermore, the study provides key steps and detailed best practices for the following topics:

1. Identifying the magnitude of the problem for students

2. Establishing key requirements and criteria for the new solution

3. Distinguishing key components of the implementation process and timeline

4. Collecting and analyzing outcomes and results

“Over the past three decades college textbook prices have grown 812%, increasing three times faster than the Consumer Price Index. Colleges are now searching for new solutions to lower costs and support their core mission of educating students,” said Jonathan Shar, Chief Marketing Officer of Akademos.

“Recent studies have shown that many students are opting not to buy any or all textbooks for at least one of their courses due to these high prices, leading to students being less prepared for class and negatively impacting their academic performance,” said Shar. Left unchecked, these factors may undermine the fundamental mission of many Colleges and Universities. We think this White Paper will provide important insights for Institutions across the country focused on addressing these challenges.”

For a copy of Akademos’ Reducing Textbook Costs through Transitioning to an Online Bookstore White Paper, go to http://info.akademos.com/white-paper-download.This White Paper is available at no charge.

To learn more about expanding affordable textbook options for students and our online bookstore services for educational institutions, visit the Akademos website. To see how the Akademos solution can work for your school, register today for a personalized 1:1 consultation.

Northwestern College Launches Online Bookstore to Reduce Student Textbook Costs

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Northwestern College partners with Akademos, an online bookstore provider focused on student success and affordable textbook options, to deliver low-cost materials to students.

Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, announced today that Northwestern College has joined its list of partner schools. Northwestern College is a private, regionally accredited degree-granting institution with two campuses and an online program serving the greater Chicago area.

With Akademos’ personalized online bookstore and marketplace platform, Northwestern College students will have significantly expanded access to a broad selection of affordable textbook options. In addition, students may seamlessly apply financial aid to their course material purchases.

“At Northwestern College, our mission is to support a student-centered, professional learning community. We are excited to partner with Akademos to deliver a high-value online bookstore solution that will directly benefit our students,” said Gail Schumacher, Executive Vice President of Operations. “Beginning in Spring 2015, students can shop for books in the format of their choice— new, used, rental or eBook— and place orders anywhere, anytime, from any device through Northwestern College’s new online bookstore.”

“Akademos is committed to serving Northwestern College through forward-thinking solutions that will improve textbook affordability, support student success, and make the adoption of high-quality, low-cost materials more efficient for the campus community,” said Chief Executive Officer John Squires of Akademos. “That formula is a proven success with schools in the greater Chicago area: last semester, students in the City Colleges of Chicago system saved over $1.6 million on course materials. We believe that our approach will deliver positive results for Northwestern College as well; we’re excited to welcome them to our growing network of schools.”

To learn more about expanding affordable textbook options for students and our online bookstore services for educational institutions, visit the Akademos website. To see how the Akademos solution can work for your school, register today for a personalized 1:1 consultation.

 

About Northwestern College
With two branch campuses in the Chicagoland area in addition to NC Online, conveniently serving nearly 1,500 students, Northwestern College provides a solid, career-focused education in some of the fastest growing professions. In as few as one to two years, NC students can earn their certificate or degree and begin working in their chosen fields. For more information, visit http://www.nc.edu.

About Akademos
Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

Last Chance Webinar Registration: Win Back Students and Recapture Book Sales

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This webinar is relevant for all higher education institutions looking to increase student satisfaction and offer students lower cost options on textbooks and class materials

Two years ago Davenport University was faced with declining student satisfaction over textbook prices and buying. This dissatisfaction was a leading indicator of what became material declines in bookstore utilization and sales.

Today, through a new lower cost textbook solution, Davenport has already saved students over $1.8 million, increased its bookstore utilization, has been able to optimize the physical store footprint and has dramatically increased student satisfaction.

Join this Webinar for a behind-the-scenes look at Davenport’s approach to winning back students and recapturing sales – and see how to make it work for your school.

Topics will include:

  • Developing Student Satisfaction Tracking and Key Findings
  • Bookstore Utilization Analysis and Sales Trends
  • Cross Functional Team Formation and Key Stakeholder Input
  • Technical Evaluations with areas like Financial Aid, Bursar, IT and Accounting
  • Key Factors for Moving to a New Solution
  • Outcomes and Results

Live webinar: How Your Bookstore Can Win Back Students and Recapture Sales

Time and Date: February 10, 2015
1:00 PM-2:00 PM ET

Presented by:
Jaye Lynn Bergers, Director of Procurement and Retail Services (Office of the CFO), Davenport University

Geoffrey Katz, Vice President of Program Management, Akademos

Space is limited, register today.


Akademos Saved Students Over $10 Million in Textbook Costs in 2014

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Akademos Inc., a bookstore provider focused on student success and affordable textbook options, and its 120 partner institutions saved students over $10 million off the list price of textbooks and course materials last year.

Akademos, Inc., a leading provider of integrated bookstores and marketplaces for educational institutions, announced today that it saved students over $10 million off the list price of textbooks and course materials in 2014.

“We are thrilled that in 2014, we were able to partner with 120 higher education institutions and drive over $10 million in savings for students,” said Chief Executive Officer John Squires of Akademos. “We believe that our low-cost, high-service approach will deliver positive results for college and university students throughout the country and save students even more in 2015.”

Akademos also announced that in 2014 it offered more than 12 million distinct ISBNs ready to ship to its partner institutions and students throughout the country.

Akademos is committed to supporting student success and positive educational outcomes by providing affordable textbook options for students and making the adoption of high-quality, low-cost materials more efficient for the campus community.

To learn more about expanding affordable textbook options for students and to see how the Akademos solution can work for your school, register today for a personalized 1:1 consultation.

 

Last Chance Notification: Reducing Textbook Costs Webinar Registration

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This webinar is relevant for all schools looking to reduce textbook prices and increase student satisfaction.

Live webinar date: January 20, 2015

Time: 1:00 PM-2:00 PM ET

Registration: Space is limited! Register online today.

Presenters: John Jay College CIO Joseph Laub and Geoff Katz, VP of Program Management at Akademos

Overview: Last year, John Jay College identified the diminishing returns of their brick and mortar school bookstore for both students and an issue with the college itself. In a survey administered by the school, 77% of students reported they might not buy textbooks for one or more of their classes due to the high cost of materials. Based upon these findings, there was a clear need to do something significant in order to reduce textbook costs and drive student success.

In just 2 months, John Jay launched a new bookstore solution that was fully integrated with its student and faculty systems. As a result, students were highly satisfied with the service (90% reporting the experience was “easy to navigate”) and to date have saved over $157,000.

Wondering how they did it? Join this webinar for a behind-the-scenes look at John Jay’s approach to implementing an integrated bookstore solution. Find out:

  • The steps John Jay took and how to make it work for your school
  • How Akademos’ SIS/ERP integration technology delivers a personalized student shopping experience
  • Other important Institutional and student benefits, like financial aid integration, reporting, and much more

Click here to register

Roanoke College Adopts Innovative Online Bookstore Solution

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Roanoke College partners with Akademos, an online bookstore provider focused on student success and affordable textbook options, to deliver its students significant discounts on course materials.

Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, announced today that Roanoke College (http://www.roanoke.edu), a private liberal arts college in Virginia, has joined its list of partner schools. Roanoke, along with Bridgewater College in Bridgewater, VA, is among the growing list of Council of Independent Colleges in Virginia (CICV) member schools that are moving to Akademos.

Starting in Fall 2015, Roanoke students can shop for books in the format of their choice— new, used, rental or eBook— and place orders anywhere, anytime through an online bookstore and marketplace. As an added benefit, Akademos’ planned integration with Roanoke’s Blackboard Transact OneCard will enable students to seamlessly apply financial aid toward their purchases.

“At Roanoke College, our mission is to develop students into community leaders and responsible citizens while also preparing them for productive careers,” said Mark Noftsinger, Vice President of Business Affairs. “As Roanoke’s academic curriculum is continually evolving to support student success, so too must the campus bookstore.”

“We’ve operated a very successful campus store for many years, but now we need an online platform to best serve our faculty and student needs for learning materials,” said Noftsinger. “Akademos’ ecommerce platform will give students a personalized shopping experience, and the Marketplace will meet student demand for competitively priced textbooks. In addition, we’ve consulted with Akademos to develop a plan to transition our on-campus store to a spirit shop that will focus on soft goods and service. We believe this approach will give Roanoke College the best combination of service and value.”

“I am pleased to welcome Roanoke College to Akademos,” said Chief Executive Officer John Squires. “We are excited for Roanoke students to experience our new store design and mobile-optimized shopping experience. We’re also committed to continuous innovation around the concepts of value and ease of use to improve service for Roanoke students, faculty and administrators alike.”

To learn more about expanding affordable textbook options for students and our online bookstore offerings for educational institutions, visit the Akademos website. To see how the Akademos solution can work for your school, register today for a 1:1 consultation.

About Roanoke College
Consistently ranked in the top 10% of all colleges in the country by the Princeton Review and Forbes, as well as #2 on the U.S. News list of Up and Coming National Liberal Arts Colleges, Roanoke delivers a classic education built for success in the modern world. We are an independent, coeducational, four-year liberal arts college with approximately 2,100 students from 40 states and 25 countries. For more information, visit http://www.roanoke.edu.

About Akademos
Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

 

 

Akademos Names Jonathan Shar as Chief Marketing Officer

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Marketing executive with strong digital experience joins rapidly growing digital bookstore provider

Norwalk, CT — Today Akademos appointed Jonathan Shar as chief marketing officer, strengthening its executive team and providing for the rapid expansion of its virtual bookstore business.

“Our evolving story of student savings and faculty service is resonating with colleges across the country who understand the effects that high textbook costs are having on student performance,” said John Squires, CEO of Akademos. “Jonathan’s nearly 20 years of marketing experience will expand this story and communicate the value of working with Akademos to new schools. We’re also eager to tap Jonathan’s direct marketing expertise to improve student success at our 120 partner schools, including John Jay College, Roanoke College and the City Colleges of Chicago. Finally, Jonathan’s recent work with the Nook will help us strengthen our digital library and product development plans.”

Shar previously served as General Manager of Barnes & Noble’s NOOK digital content business, where he was responsible for the newsstand, video and application businesses. Prior to his nearly five years with NOOK, Shar was the SVP and General Manager of CNNMoney; the web and mobile financial information and business news services site that was a joint venture between Time Inc. and CNN. His early career was within the consumer marketing division of Time Inc., where he rose to the position of Vice President of Consumer Marketing for Sports Illustrated.

“This is a great opportunity for me to help Akademos make a difference in the cost of educating hundreds of thousands of students nationwide,” said Shar. “I’m excited by the passion and strength of the Akademos team and I’m looking forward to bringing my experience to grow the number of colleges and universities that understand the unique value Akademos can bring to students and faculty.”

Jonathan received his MBA from the University of Michigan in 1995 and his BA from Tufts University in 1991. He resides with his family in Chappaqua, NY.

About Akademos
Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

College Students Win Textbook Scholarships to Help Lower Cost of Education

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Akademos / TextbookX awards 9 textbook scholarships in Facebook photo contest: #BookShelfie.

 Norwalk, CT—[August  19, 2014]—Akademos, Inc., an education technology company offering bookstore services, has recognized nine students at colleges across the country for their creativity in this year’s Akademos / TextbookX Textbook Scholarship Contest. The first place winner, two runner-up winners, and six honorable mention winners all received a textbook scholarship to apply towards course materials for fall 2014.

To participate in the contest, students posed with their favorite book and submitted their self-taken photos with a creative caption to Facebook.  After uploading their #BookShelfie —a play on the word “bookshelf” and the social media “selfie” trend— students encouraged friends and family to vote for their entry. The #BookShelfie with the most votes at the end of the contest period was the grand prize winner. The next two in line were announced as runner-ups in this year’s contest. Six students received honorable mentions, awarded for the individuality and creativity of their photo.

The scholarship contest winners were announced on August 12th, during what Akademos has designated as “Textbook Affordability Week.”  Textbook Affordability Week was developed to educate students about the benefits of shopping for textbooks early in the back to school shopping season, when prices are the most competitive. After most college Spring terms end and right before fall term begins, the market is flooded with used books that students have sold back into circulation as part of textbook buy-back initiatives, thereby increasing inventory and decreasing book costs. College students who buy earlier in the summer are more likely to find discounts on textbooks.

The Akademos / TextbookX Textbook Scholarship winners are listed below:

  •     Grand Prize Winner ($500 Textbook Scholarship)– Faizan Haque, University of California Irvine
  •     Runner Up ($250 Textbook Scholarship) – Chrissi Lopez, Fort Myers Institute of Technology
  •     Runner Up ($250 Textbook Scholarship) – Michelle Stock, Millikin University

Our honorable mention winners, awarded with a $25 textbook scholarship, were:

  •     Honorable Mention – Holly Tidwell, Union College of Kentucky
  •     Honorable Mention – Tori Thoutt, University of Northern Colorado
  •     Honorable Mention – Tiffany Latshaw, Central College
  •     Honorable Mention – Katie Perry, Columbia International University
  •     Honorable Mention – Breanna Berry, Hamline University
  •     Honorable Mention – Joy Law, Columbia International University

To view the entries, visit http://textbookx.com/scholarship.

Akademos / TextbookX would like to thank all students for entering their fall 2014 Textbook Scholarship Photo Contest. To stay updated on TextbookX Scholarship opportunities, like TextbookX on Facebook at https://www.facebook.com/textbookxdotcom.

About TextbookX
TextbookX is an educational e-commerce site dedicated to finding students the lowest price for their books. TextbookX offers new, used, eBook and rental options to customers nationwide from a variety of sellers on the TextbookX Marketplace. The average savings on marketplace books is 60% off list price. TextbookX also offers students a year-round buyback program where they earn up to two times more than standard buyback prices. Shop or sell books back today at http://textbookx.com.

About Akademos

Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

 

Akademos Launches New Online Bookstore to Improve Student Satisfaction and Drive Sales

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Cuts Shopping Time by 50% with a Personalized Student View

Norwalk, CT—Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, announced today the launch of a new store design and mobile-optimized platform that provides a simple, intuitive shopping experience for students.

“Our goal is to give our 130 schools a student experience that is second to none,” said John Squires, CEO of Akademos. “As we surveyed the ecommerce sites that students frequent, we found that many were confusing and poorly constructed for mobile. And we know that the majority of students will shop first on their phones. In addition, very few sites use data to aid the shopper by incorporating notices for financial aid or allowing students to save their courses to simplify additional shopping visits.”

Akademos rebuilt its student experience from the ground up to:

  • Enhance the ability of students to quickly find and save their courses, allowing for an easy price comparison of all materials in their desired formats: new, used, marketplace, rental and eBook
  • Provide a superior shopping experience on mobile devices
  • Simplify the site to enhance our schools’ use of custom colors or graphics to better represent their brands
  • Introduce helpful data for students while they shop, including available financial aid they can apply to their purchase
  • Build a robust database of student course data that allows for better student communication and assessment

To learn more about online bookstore service offerings for educational institutions, visit the Akademos website or sign up for the Akademos newsletter.

About Akademos 

Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool athttp://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

 

Akademos Announces Launch of CoursePack Creator 2.0 at NACUBO 2014

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Redesigned web-based tool delivers savings for students, offers a variety of content choices for instructors.

Seattle, WA–Akademos, Inc. announced the release of its CoursePack Creator 2.0 tool today at NACUBO 2014.

“CoursePack Creator 2.0 is an enhanced web-based tool that makes it easier than ever for instructors to create cost-effective, custom compilations of academic material,” said John Squires, Chief Executive Officer of Akademos. “At Akademos, we are committed to developing forward-thinking solutions to improve the faculty textbook and course materials adoption process.”

Widely recognized as an alternative to traditional textbooks and class handouts, instructors in higher education have realized the benefits of adopting CoursePacks. “As a professor at Benedictine College, I know textbook affordability is a major concern for students, and CoursePacks certainly can provide a cheaper alternative,” said Andrew Jaeger, Assistant Professor of Philosophy at Benedictine College. ”Akademos’ new tool offers a simple way to compile collected readings from textbooks, journals, online sources or even my syllabi.  I’m eagerly looking forward to using the CoursePack Creator 2.0 tool to create content next semester.”

CoursePack Creator 2.0 will offer faculty and instructors a greater degree of control over their course materials. Features include, but are not limited to:

  • Ability to create custom cover art and designs
  • Easy to use drag-and-drop interface to organize chapters
  • Blending of both publisher and instructor created content
  • All copyrights and clearances handled by Akademos
  • Choice of print (black & white or color) or electronic formats
  • Low cost print-on-demand copies with no required minimum order size

To learn more about the CoursePack Creator tool and online bookstore service solutions for educational institutions, visit the Akademos website.

About Akademos

Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover, and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos’ direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

 

Events

Upcoming Events
  1. American Council on Education (ACE) Conference

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    Washington, D.C. Booth #212
  2. SACUBO 2015

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    New Orleans, LA Booth #402
Past Events
  1. -

    October Webinar

    Key Considerations for Transitioning to an Online Bookstore
  2. -

    EACUBO 2014

    Orlando, FL
  3. -

    CACUBO 2014

    Kansas City , MO
  4. -

    NACAS 2014

    Montréal, Canada
  5. -

    Akademos Webinar Series

    Supercharge Student Engagement Through Mobile Platforms