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Users browse books online and have their choices home-delivered, rather than physically visiting a library to borrow a book. This e-commerce model is comparable to the video rental service provided Netflix. In 2009, online book rental was gaining popularity in India, with a number of websites offering free doorstep delivery for a small monthly fee.
Based on the rental method the book rental companies can be categorized into two subgroups: Book rental companies having a subscription-based models where a monthly or periodic subscription fee is charged and members can rent a number of books based on the subscription. Book rental companies taking a fraction of book cost as rent.
CampusBooks provides a free Buy vs. Rent price prediction tool. [5] [10] The tool employs a proprietary algorithm, which takes into account the depreciation of the book in question and estimates its buyback value in 6 months. [5] Based on the estimation, the website displays its recommendation for either buying or renting the book. [11]
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Textbook rentals aren't new. WalletPop has covered several third party companies such as Chegg.com, which rent textbooks to users at prices far below retail for college book rentals, but now ...
Textbookrental.ca was established in 2010 by entrepreneurs Gershon Hurwitz and Mike Stock, [3] in response to student concerns about the rising cost of textbooks. [4] By 2011, the online store was selling textbooks at a discount and renting texts, allowing searching by textbook ISBN , author, and title, selecting a 2, 3, or 6 month (semester ...
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Craigslist headquarters in the Inner Sunset District of San Francisco prior to 2010. The site serves more than 20 billion [17] page views per month, putting it in 72nd place overall among websites worldwide and 11th place overall among websites in the United States (per Alexa.com on June 28, 2016), with more than 49.4 million unique monthly visitors in the United States alone (per Compete.com ...
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