Hacker News new | ask | show | jobs
by b1twise 4158 days ago
I think NPR covered this pretty recently. So, first you have a book salesman that comes in and sells the modifications from the previous versions--that its a better educational tool. They don't talk a lot about price, and they make the sale. Then, you have a super limited market. You aren't going to print a lot of these books because there are a limited number of students who need the book. After the first year the sales plummet because used books exist. So, there's a short window to make back all the money on the book and also profit enough for it to be a legitimate business. Then, there are people who hoard books like this playing on seasonal demand--buy low, sell high. There are programs they can buy to help them maximize their profit. There are even people who scour used book stores for good finds with barcode scanners.

And, I'm not sure where common curriculum comes into this, or if it does.

2 comments

I don't really buy this. There are plenty of salesmen, but faculty don't generally believe their pitches.

The reason that universities "upgrade" to new versions is that publishers refuse to continue printing the old ones.

Indeed, my university (the University of South Carolina) had this stunt pulled on us by Cengage (the publisher of Stewart's Calculus), and we are refusing to play ball. So we've decided that we are absolutely going to use something other than Stewart next year. Unfortunately, the best alternatives also all cost around $200+.

My school also recently switched over from Stewart's calculus. Maybe this was why. Sucks for me though b/c my $80 textbook is now worth nothing.
With print on demand these days, it's cheaper to print a single copy of a 400 page full color photo book at blurb than these text books. Ridiculous. This is easily doable with digital printing now to get the costs down to say $40 for a few hundred copies still room for people to profit. It takes some courage and a movement within the universities and community colleges to start making dents in the industry.