SOURCE: Bookbyte

Buy Textbooks and Sell Textbooks

January 18, 2011 21:23 ET

Bookbyte Launches Guaranteed Buyback Program

New Program Offers College Students Lowest Cost Solution for Buying Textbooks

SALEM, OR--(Marketwire - January 18, 2011) - Bookbyte, a leading online retailer of used and new textbooks, today announced the launch of Guaranteed Buyback, a new program aimed at helping college students save money on textbooks. Bookbyte's Guaranteed Buyback is the first program that offers books at 50 percent less than buying used books and can save the cash-strapped student on average more than $700 a year on textbooks. The new program offers books at a low, up-front price, while providing a 10 percent rebate when students sell textbooks back to Bookbyte at the end of the term.

Unlike textbook rental programs, Bookbyte's Guaranteed Buyback offers the benefits of rental without the fees associated with late or damaged returns, saving students money while giving them the flexibility to determine whether or not they want to keep a book.

"Students have been captivated with the misconception that renting textbooks is the cheapest option to purchase textbooks. The reality is students actually end up paying more for rental books than if they had bought them new or used and then sold them back," said Andres Montgomery, chief strategy officer for Bookbyte. "We designed Guaranteed Buyback to help students save money and believe this innovative program is poised to shake up the textbook industry."

Bookbyte's Guaranteed Buyback also provides an easy way to save and make money by buying and selling used textbooks. Recent studies have shown that 68 percent of college students do not sell back their textbooks at the end of the term, providing a significant opportunity for students to earn extra cash just by selling back texts.

Bookbyte developed the Guaranteed Buyback program after evaluating the specific needs of college students. Cash-strapped students are looking for low cost ways to purchase textbooks and seek opportunities to earn extra money. Guaranteed Buyback addresses both needs. For more information on the program please visit www.bookbyte.com/guaranteedbuyback.aspx.

About Bookbyte

Founded in 1999, Bookbyte is a trusted e-commerce pioneer that offers students cheap textbooks with multiple options to acquire books based on their needs. Our goal is to help students find the economical way to reach their educational goals. To learn more, please visit www.bookbyte.com.

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