Quote:
Originally Posted by markbot
The college book stores are certainly not going out of business any time soon...as they sell those class required photocopied news article packs for $150 a pop (like $120 gross profit per unit). However, you can buy most of the textbooks at 70% the price on Amazon, new,....and like 30% the price used. The other B&N stores are going out of business soon. The only reason they are still in business at all is that Borders closed down a few years ago and removed their chief competitor.
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There is a trend towards universities moving to digital textbooks and bundling the textbooks into the tuition. If it continues, it will turn the college textbook business, like the K-12 market, into an institutional volume purchase business where the institution gets deep discounts on volume and the publishers get to kill the used textbook business.