{"id":390,"date":"2011-04-08T13:05:35","date_gmt":"2011-04-08T17:05:35","guid":{"rendered":"http:\/\/www.campusbooks.com\/blog\/?p=390"},"modified":"2017-05-16T14:43:01","modified_gmt":"2017-05-16T18:43:01","slug":"when-really-is-the-best-time-to-sell","status":"publish","type":"post","link":"https:\/\/www.campusbooks.com\/blog\/when-really-is-the-best-time-to-sell\/","title":{"rendered":"When Really Is the Best Time to Sell?"},"content":{"rendered":"<div style=\"background-color: transparent;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">With the end of the term looming large and students wrapping up studies and looking for ways to raise cash for summer, now\u2019s the best time to get down to the issue of maximizing textbook-buyback dollars.<\/span><\/div>\n<div style=\"background-color: transparent;\"><span style=\"color: #000000;\"><br \/>\n<\/span><\/div>\n<div style=\"background-color: transparent;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">It\u2019s no secret that many factors affect the value offered by a bookstore or buyer for any given textbook. Answers to these common questions are taken into account when the establishing buyback value:<\/span><\/div>\n<ul>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Is there a new edition of the textbook available or coming soon?<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Is the book needed because it is being used next term?<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Does the bookstore or buyer already have enough copies and needs no more?<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">What condition is the book in?<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Is it complete with supplements like CDs?<\/span><\/li>\n<\/ul>\n<div style=\"background-color: transparent;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">With the exception of the last two, answers to these questions are in the hands of publishers, bookstores and buyers, and professors. So other than keeping books in good condition and with any extras, what can students do to get the most money back? Well, it turns out that the answers are:<\/span><\/div>\n<div style=\"background-color: transparent;\">\n<ol>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Educate themselves about the various selling venues (the campus bookstore, online, peer to peer).<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Time their selling based on the new data we\u2019ve gathered and published about buyback cycles and values.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">You can read our full findings and even download the raw data <strong><a href=\"https:\/\/www.campusbooks.com\/blog\/author\/admin\/page\/14\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a><\/strong><\/span><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">, but we\u2019ll give you the condensed version now.<\/span><\/p>\n<p><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">We looked at <\/span><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">the 2010 spring buyback period (the five weeks in April and May when most students sell books) and compiled data about 20 indicator ISBNs each time they were searched and an offering price retrieved from online buyers. <strong>The results show that timing is of the essence when it comes to maximizing buyback price. Some notable findings:<\/strong><\/span><\/p>\n<ul>\n<li style=\"list-style-type: disc; font-size: 12pt; font-family: Arial; color: #333333; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Search volume and average price were opposed: as supply (students selling books) rose, the price offered by buyback companies dropped.<\/span><\/li>\n<li style=\"list-style-type: disc; font-size: 12pt; font-family: Arial; color: #333333; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">The weeks of May 2-8 and 9-15, the peak of the buyback season, saw huge search volume, and at the same time, the lowest average prices.<\/span><\/li>\n<li style=\"list-style-type: disc; font-size: 12pt; font-family: Arial; color: #333333; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Search volume skyrocketed an average of 300% between April 25-May 1 and May 2-8. During this time, there was an almost universal drop in average prices.<\/span><\/li>\n<li style=\"list-style-type: disc; font-size: 12pt; font-family: Arial; color: #333333; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">The first weeks of buyback have a more consistent price range for each book. Within the peak of buyback, the range becomes extreme, sometimes differing $50+ on the same day.<\/span><\/li>\n<li style=\"list-style-type: disc; font-size: 12pt; font-family: Arial; color: #333333; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Many more $0 (no-value or not-buying) prices appear during peak as buyers obtain the most stock for the lowest prices.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\"><strong>Conclusion:<\/strong> Ultimately, students can aim for consistent prices early, gamble with the wide range (and lower average price) at peak time, or hold out for the highest (but few available) prices after the rush.<\/span><\/p>\n<\/div>\n<div style=\"background-color: transparent;\"><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\"><strong>Tips: <\/strong><\/span><\/div>\n<ol>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Know what your deal means: online buyback quotes can be good for one day or 30 days, and you must read the details to make sure you know what data you are looking at and what &#8220;real&#8221; value it has.<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Understand that many sites requires you to ship the book within a certain number of days after the quote is generated.<\/span><\/li>\n<li><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\">Ask the bookstore if the book will be used for the next semester, if they tell you no or they don&#8217;t know, then you are most likely getting a wholesale or Internet price. Wholesale books will go back to a central distribution center and are then sold to another school. Internet retail prices are purchased for resale over the internet. \u00a0Both are a lower value than a retail book that will stay on your campus and be used the next semester.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-size: 11pt; background-color: transparent; font-weight: normal; font-style: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap; font-family: Arial; color: #000000;\"><strong>To learn more, <a href=\"https:\/\/www.campusbooks.com\/blog\/author\/admin\/page\/14\/\" target=\"_blank\" rel=\"noopener noreferrer\">read the full results of our study<\/a>.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the end of the term looming large and students wrapping up studies and looking for ways to raise cash for summer, now\u2019s the best time to get down to the issue of maximizing textbook-buyback dollars. It\u2019s no secret that many factors affect the value offered by a bookstore or buyer for any given textbook. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"amp_status":""},"categories":[1],"tags":[23,26,28],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.0.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>When Really Is the Best Time to Sell? - CampusBooks Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.campusbooks.com\/blog\/when-really-is-the-best-time-to-sell\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When Really Is the Best Time to Sell? - CampusBooks Blog\" \/>\n<meta property=\"og:description\" content=\"With the end of the term looming large and students wrapping up studies and looking for ways to raise cash for summer, now\u2019s the best time to get down to the issue of maximizing textbook-buyback dollars. 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