Course Materials: Holding the Line A Charge to Keep Tartan Campus Store Sinclair Community College Solely Owned and Operated by Sinclair Community College Faculty Senate November 19, 2003 For Discussion Only --Faculty Senate Minutes, Nov. 19, 2003 Attachment FSMA B SINCLAIR COMMUNITY COLLEGE

Solely owned & operated by Sinclair Community College. –Policies are those established by the administration of the College –All excess revenues are used to support Sinclair’s mission Who Are We? Tartan Campus Store Sinclair Community College

Among the largest college stores in the U.S.A. based on retail sales Top 25% in the nation* Serves 23,000 students locally, nationally and internationally Employs 13 full time employees and up to 40 part time employees. * 2003 College Store Industry Financial Report. National Association of College Stores. Oberlin, Ohio Who Are We? Tartan Campus Store Sinclair Community College

Experienced Over 60 years of accumulated experience and knowledge in the college textbook market. Knowledgeable and dedicated staff Good resource for information Who Are We? Tartan Campus Store Sinclair Community College

How Has Textbook Pricing Changed over the Past 5 Years? Stores’ Gross Margins On New Textbooks College Textbooks PPI % Change Core PPI % Change %3.4%0.9% %5.5%1.7% %5.2%1.3% %7.8%1.4% %6.5%0.1% %6.7%.03%*

Pricing Policy Tartan Campus Store Sinclair Community College

Strive to Maintain Low Prices Lowest prices of any community college in the state of Ohio, levy supported or not –20% Margin on new books (25% Margin is national standard) –Realized margin of 17.3%

Retail Margins of Textbooks (Ohio) 25% 22% 25% 25% 25% 20% Tartan Campus Store Sinclair Community College

Example of Price Comparison Tartan Campus Store Sinclair Community College Prices gathered at

Example of Price Comparison Tartan Campus Store Sinclair Community College Image Not Available Prices gathered at

Example of Price Comparison Tartan Campus Store Sinclair Community College Prices gathered at

Example of Price Comparison Tartan Campus Store Sinclair Community College Prices gathered at

Tartan Campus Store Sinclair Community College

Provide More Used Textbooks Student buyback –Now provided year round Textbook wholesalers –Always seek used textbooks first –Use robot search engine software –Greatly increase used book availability Used books are the best value for students

Considerations When Selecting Course Materials What will the end cost be to the student? Is there a less expensive format available? –Binding –Black & White vs. color plates Is the text published in sections? If all of the text will not be used, can we have only the portion we use custom published? Remember – Large adoptions gives you great bargaining power! Tartan Campus Store Sinclair Community College

Considerations When Selecting Course Materials Do we need the “package deal”? Are all of the components required for the course? –If not – can we buy back the required components from students to resell as used? –Are consumable materials in the package available at a reasonable price? Tartan Campus Store Sinclair Community College

Sinclair Community College Mission Statement We help individuals turn dreams into achievable goals through accessible, high quality affordable learning opportunities. - approved by the SCC Board of Trustees, February 11, 1997

Jeanne Lasko, Manager Joe Tobias, Asst. Mgr./Buyer Jody Yarnall, Book Buyer Phone: 512-BOOK