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Akademos webinar on decreasing textbook prices & increasing student success materials now available

Posted by Ariane Rasmussen on June 26, 2017

Last week’s well-attended webinar, City Colleges of Chicago’s Formula for Decreasing Textbook Prices and Increasing Student Success – Revolutionizing the Course Materials Adoption Process, received a lot of positive feedback from attendees.

The session provided a first-hand look into how CCC students have saved over $9.5 million off course material list prices since Fall 2014, through best practices and innovative tools that:

  • Dramatically improved on-time adoptions
  • Increased the number of students ordering before the first day of class
  • Significantly lowered textbook prices for students

Request Session Materials

Participants found the live case study on how changes in the adoption process, new policies, and a new software platform played a large role in addressing textbook affordability and student preparedness, engaging and highly informative.

This interactive discussion was led by expert panelists Jonathan Keiser, PhD, Senior Associate Vice Chancellor for Educational Quality of City Colleges of Chicago (CCC); Autym Henderson, Academic Affairs Specialist of CCC and John Squires, CEO of Akademos.

The presentation and session recording of the webinar are now available to you and your institution for free.

Topics: Webinars & Events, Textbook Affordability, Textbook Adoption, Student Success

Akademos and indiCo join forces to create a one-stop shop hybrid college bookstore solution

Posted by Ariane Rasmussen on March 29, 2017

New partnership provides a virtual and physical solution that will help institutions lower textbook costs, drive academic success and build an innovative campus store.

StackedJointLogosCropped.jpgAkademos and indiCo today announced a partnership to provide full-service virtual and physical bookstore solutions for colleges and universities. This hybrid bookstore solution will dramatically lower textbook prices, provide an innovative campus retail environment, facilitate the transition to new digital course materials and increase student readiness and academic success.

The Akademos-indiCo partnership gives institutions the best of both worlds – an innovative virtual bookstore solution for course materials managed by Akademos, and a campus solution for general merchandise sales provided by indiCo, a subsidiary of the National Association of College Stores (NACS).

“This partnership addresses a critical market need for colleges and universities,” says Jonathan Shar, Chief Marketing Officer of Akademos. “There's significant opportunity for Akademos to partner with schools because of our proven impact on textbook affordability, but many institutions no longer have the knowledge and resources to run a general merchandise store themselves. Together, Akademos and indiCo will develop custom, one-stop shop solutions for institutions that want an innovative, future-proof model that lowers textbook costs and takes back the campus store.”

Akademos’ eCommerce platform and advanced tools reduce textbook costs for students, facilitate the course materials adoption process for faculty, and provide administrators and faculty with critical visibility and control over the textbook delivery process. indiCo’s suite of collaborative services gives institutions an alternative to the traditional leasing of their campus store by allowing them to remain independent from large bookstore-operating companies.

“While leasing the campus store was once a viable option, that model has deteriorated. We believe that independent stores best serve the needs of students and higher education,” says Robert A. Walton, NACS Chief Executive Officer. “Corporate leasing companies now drain more than $1 billion in profits from leased stores every five years. That is money that, through institutionally operated stores, could fund financial aid and other student services, employee benefits, and campus facilities renewal. That’s $2 billion every decade going into the pockets of corporate operators and their investors — money that higher education desperately needs.”

Through this partnership, indiCo’s Independent Campus Stores Collaborative services will provide institutions with a physical store solution for all merchandise categories, other than textbooks and assigned course materials. This solution can range from retail management consultation to full-service store design and management, including complete merchandising, retail POS systems, and staffing developed specifically for an institution’s needs.

“Through this strategic partnership with indiCo, the virtual and physical stores will work together and share specific connection points like cross promotion and general support to optimize and enhance the student, faculty and administrator experience,” said John Squires, Chief Executive Officer of Akademos. “It is possible to drive student success through more affordable course materials and maintain a successful general merchandise campus store – we are here to help institutions do exactly that.”

To see if this solution is right for your institution, click here to learn more.

Topics: Company News, Textbook Affordability, New Bookstore Models, Textbook Adoption, Academic Success, Partnerships, Textbook Accessibility, Campus Store Solutions

Juniata College partners with Akademos to launch online bookstore and deliver students significant discounts on course materials

Posted by Ariane Rasmussen on March 13, 2017

Juniata's new online bookstore will increase textbook affordability and drive student success.

Akademos, Inc. is pleased to announce that Juniata College, a private liberal arts college located in the scenic mountains in central Pennsylvania, has selected Akademos as its online bookstore provider to improve student success and increase textbook affordability.  The College has a strong reputation for excellent academics, personal attention, and state-of-the-art technological resources and is recognized for its distinctive focus on experience and excellent outcomes in Lauren Pope's Colleges That Change Lives.

Starting with summer term 2017, Juniata students can shop for textbooks and course materials in the money saving format of their choice and place orders anytime, anywhere, from any device. The new school-sanctioned virtual bookstore platform will provide students with a wider selection of course materials to choose from – including new, used, marketplace, rental and eBook formats – dramatically expanding students’ access to lower cost course materials.Juniata Logo.jpg

The next-generation Akademos virtual course materials store will give students and faculty complete visibility throughout the textbook purchasing and adoption process. Juniata’s student information system (SIS) will seamlessly integrate with the Akademos online platform enabling students to see a personalized listing of the textbooks required for each of their courses and to order books for an entire semester rapidly and efficiently.

Akademos’ exclusive marketplace offers over 100 million new and used textbooks for students to choose from with the average student saving 60% off the list price. At the end of each term, students will have the option to sell back their textbooks through the Akademos peer-to-peer marketplace to recoup some of their cost.

“We are confident that transitioning to a personalized, school-sanctioned virtual bookstore with a marketplace that offers students more competitive pricing on course materials is the right decision for Juniata,” said James A. Troha, President of Juniata College. “Partnering with Akademos closely aligns with our strategic plan, Courage to Act. Our goal is to give our students access to the best resources available to help them grow and thrive as individuals who think deeply and care deeply about their community.”

Aligning with Juniata’s educational approach of collaborative student-faculty relationships, Juniata faculty will be able to use advanced adoptions and analytics tools to help drive student and institutional success through the adoption of lower-cost, high-quality materials. The Akademos Adoption & Analytics portal allows faculty to compare real-time prices for course materials in multiple formats to choose the best, low-cost options for students. The analytics tools enable faculty and administrators to have critical control over the faculty-adoption and student-purchasing process to track progress from across the entire college to individual classes.

“Our unique and innovative full-service bookstore solution aligns closely with Juniata’s reputation for collaborative student-faculty relationships and state-of-the-art technologies,” said John Squires, Akademos Chief Executive Officer. “What we have seen with other institutions is that a greater selection of materials in different formats, including marketplace options, leads to reduced course material costs – which results in greater access to learning materials and an increase in student preparedness and academic success.”

Leveraging Akademos’ state-of-the-art virtual bookstore platform for course materials will enable Juniata’s current brick and mortar store to transition to a full-service general merchandise campus store.  This new hybrid bookstore model will allow Juniata to use the space previously dedicated to textbooks and course materials to now offer a wider selection of spirit wear, supplies and other merchandise to better serve its community.

Learn more about expanding affordable textbook options for students and online bookstore offerings for educational institutions.

Topics: Company News, Textbook Affordability, Textbook Adoption, Academic Success, Partnerships, Textbook Accessibility

The City University of New York selects Akademos as its exclusive online bookstore provider

Posted by Ariane Rasmussen on February 2, 2017

Utilizing innovative eCommerce service, CUNY colleges will offer students significant textbook savings while enabling faculty to easily evaluate and adopt all course materials

Final CUNY logo.jpgThe City University of New York, the nation’s leading urban public university, has partnered with Akademos to provide online bookstore services that will give students access to a vast selection of low-cost textbooks along with a convenient, personalized ordering experience.  

Students from twelve CUNY colleges will be able to shop for textbooks in new, used, rental and eBook formats from any device using a custom-branded version of the mobile-optimized Akademos online bookstore.  Students using Akademos’ proprietary peer-to-peer marketplace of over 100 million new and used textbooks will save an average of 60% off the list price of their course materials.

“Governor Cuomo has announced an important initiative to make CUNY’s two- and four-year colleges tuition-free for many of New York’s middle class families. The partnership between CUNY and Akademos will further the Governor’s goal of affordability by addressing the rising cost of textbooks, a challenge CUNY students have been facing for some time,” said CUNY Chancellor James B. Milliken.

Executive Vice Chancellor and University Provost Vita Rabinowitz added: “Our experience shows that students who purchase their textbooks are more likely to succeed in their courses of study.  I am delighted that we are addressing this textbook affordability barrier while helping all CUNY students. Our students and faculty have responded well to the value and service Akademos already provides four of our colleges, and we are pleased to extend this service to additional CUNY colleges.” 

After a competitive vetting and bidding process, CUNY selected Akademos as its exclusive vendor for online bookstore services.  Akademos currently serves Queens College, John Jay College, Medgar Evers College and CUNY School of Law.  Over the next year, eight additional CUNY colleges will transition to Akademos service, including: Hunter College, Brooklyn College, City College, Bronx Community College, Hostos Community College, York College, School of Professional Studies, and Guttman Community College.  Thereafter, remaining CUNY colleges may select and utilize Akademos’ services if they wish.

“We are thrilled that CUNY selected Akademos as its exclusive online bookstore provider,” said John Squires, Akademos CEO.  “We are eager to work with CUNY colleges to help lower the cost of learning materials, by providing students new low-cost choices from our broad supply of providers.  In addition, our advanced faculty adoption software and curriculum consulting services will aid faculty in selecting innovative, high-quality materials for instruction that may further reduce costs for CUNY students and support the educational mission of the colleges.”

Learn more about how Akademos can help your institution significantly improve textbook affordability for students.

Topics: Company News, Textbook Affordability, Textbook Adoption, Academic Success, Partnerships, Textbook Accessibility

Akademos & Peru State Reduce Textbook Costs & Improve the Adoption Process

Posted by Lauren LaFronz on July 27, 2016

Akademos online marketplace saves students up to 60% off the list price of course materials

Peru State College, a public, four-year institution and Nebraska’s first college, has partnered with Akademos to significantly reduce textbook costs, improve the efficiency of the textbook adoption process and empower faculty to select affordable, high-quality course materials.peru-state-logo.jpg

Peru State students can now shop for textbooks in new, used, rental and eBook formats on any device using a custom-branded version of the mobile-optimized Akademos online bookstore. They save an average of 60% off the list price of course materials using Akademos’ exclusive marketplace of over 100 million new and used textbooks.

The Akademos online shopping platform is fully integrated with Peru State’s student information system (SIS), enabling students to see a personalized list of required textbooks and order books for an entire term in less than five minutes. Students can also seamlessly apply financial aid to their course material purchases. The online storefront has become Peru State’s exclusive school-sanctioned bookstore, with the campus store selling items including spirit wear and general merchandise.

In addition, the Akademos Adoption & Analytics Portal increases adoption process efficiency by enabling administrators to track textbook adoption progress across individual departments and the entire system. The Portal also makes it easy for faculty to select affordable, high-quality books by providing full visibility into textbook adoption history and real-time prices for course materials in multiple formats.

“With more and more of our students choosing to purchase textbooks from third party websites, it became clear that transitioning to an online bookstore was the only way we could provide them with the savings, selection and convenience they demand,” comments Tim Borchers, vice president, academic affairs for Peru State College.“The Akademos college bookstore solution was the best choice for us because it offers our students unbeatable textbook prices and provides state-of-the-art adoption tools that drive process efficiencies while ensuring our faculty make cost-conscious adoption decisions.”

“Many institutions recognize that transitioning to an online bookstore improves textbook affordability, however, the impact that advanced adoption tools can have on textbook costs is often overlooked,” states John Squires, chief executive officer, Akademos. “By recognizing how providing faculty with information such as comparative pricing encourages the adoption of affordable course materials, Peru State is ahead of the game.”

Learn more about how Akademos can help your institution significantly lower textbook prices for students.

 

Topics: Company News, Textbook Affordability, Textbook Adoption

Best Practices For Textbook Adoption - White Paper Now Available

Posted by Jonathan Shar on November 2, 2015

Our new Best Practices for Textbook Adoption White Paper was released today and is now available for immediate download.    

Highlighting best practices to support well informed, timely course material adoptions - this new resource will help make the adoption process easier for college administrators and faculty, while preserving academic freedom.

adoption_WP_cover_page_NEW_2

Click Here to Download the Exclusive White Paper

This is a must read for institutions who are interested in streamlining the process of adopting course materials with a focus on:

  • Saving faculty and administrators valuable time
  • Providing useful recommendations to support HEOA compliance
  • Making the process easier for all key stakeholders
  • Supporting textbook affordability and student savings

Download the Best Practices for Textbook Adoption White Paper today - available to all colleges and universities at no charge.

Topics: Textbook Adoption

Akademos Launches New Textbook Adoption & Analytics Portal

Posted by Jonathan Shar on November 2, 2015

Today, Akademos, Inc. announced the release of a new software platform designed to make the adoption of textbooks and course materials easier and less time consuming for the entire campus community.  The new state-of-the-art portal will streamline the adoption process and provide clarity and much needed transparency around course materials pricing and process deadlines. Enhanced reporting and real-time analytics will give administrators valuable insights into the relationship between course material cost, sell-through and academic success.

Key Product Features and Benefits include:

  • SIS/ERP integration automatically pre-loads all courses, faculty users and adoption history
  • Communication hub sends and tracks messages regarding adoptions, replacing email chains, interoffice memos and PDFs
  • Customized timeline clarifies an institution’s process deadlines and drives HEOA compliance
  • Recommendation engine makes it easy for professors to search for and evaluate, high-quality, low-cost course materials
  • Enhanced real-time reporting and analytics dashboards

New Adoption & Analytics Portal for Colleges and Universities

“Our new offering will improve communication, speed adoptions, reduce errors and help lower course material costs--all while preserving academic freedom,” said John Squires, CEO of Akademos.” If administrators and faculty are given the proper tools to make informed decisions, we believe both textbook affordability and student outcomes will improve.”

Initial feedback on the new portal from administrators and faculty has been extremely positive.

“The adoption portal is easy for faculty to use and the administrative tools help save valuable time throughout the adoption and textbook ordering processes.” – Administration, Central College

“The new portal is so easy to use and will save value time and provide much needed visibility throughout the process” – Faculty, The College of Mount Saint Vincent

In addition to the new portal, Akademos also announced the release of a New White Paper - Best Practices for Textbook Adoption. Highlighting best practices to support well informed, timely course material adoptions, this new resource will help make the adoption process easier for college administrators and faculty, while preserving academic freedom. The White Paper is a must read for institutions who are interested in streamlining the process of adopting course materials and provides useful recommendations to support HEOA compliance and lowering the cost of course materials for students.

The new Adoption & Analytics Portal is part of Akademos’ Online Bookstore offering for colleges and universities.   To learn more about this new software, please visit http://akademos.com/products. To request a copy of the new White Paper and to see how Akademos’ full suite of online bookstore services is expanding affordable textbook options for college students and increasing bookstore utilization, visit http://www.akademos.com.

Topics: Textbook Adoption

Interesting Education News Tidbits

Posted by John Squires on November 19, 2012

Just a quick roundup of some education news focused on digital textbooks and eBooks, open educational resources, education policy, and textbook publisher trends.

The CAO survey mentioned in the last bullet above advised that "Chief Academic Officers and faculty report that key barriers to adopting OER are the lack of a single, comprehensive catalog of content, difficulty finding content, and concerns about time and energy spent selecting and evaluating the material." Remember folks, the Akademos Textbook Adoption Tool is open to all faculty from any college or university. It is the only textbook comparison tool that includes OERs and commercial textbook publisher offerings.

Topics: Textbook Adoption