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CampusBooks served over 1.5 million book price comparisons to students in 2007. In 2011, the website was viewed by over 3 million students. [4] In 2015, CampusBooks released Buy vs. Rent price prediction tool, which provided students with recommendations on whether to buy or rent a book based on the current price and future estimated value. [5]
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. This is the most prevalent model in textbook and college book renting.
Phumbhra and Rashid rebranded, launching Chegg, Inc. in December 2007, with Rashid as CEO. After ending services unrelated to renting and purchasing textbooks, [5] the company adjusted its business model to reflect that of Netflix's rental-based model, concentrating on renting textbooks to students, [6] [9] and Chegg expanded to a national ...
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The website launched to offer textbook rentals for less than the retail price. BookRenter expanded its operation by partnering with over 500 college bookstores by setting up a virtual rental store on their own websites. In 2010, it reportedly served 6 million students on over 5,000 campuses in the US. [4] [5]
[2] [4] It was headquartered at its Stamford, Connecticut, office until April 2014. [5] Gale is Cengage's library reference arm and specializes in e-research and educational publishing for libraries, schools and businesses. The company creates and maintains databases that are published online, in print, as e-books and in microform. [6]
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