bookrenter

bookrenter

BookRenter Takes a Big Bite of the Textbook Rental Market

bookrenter-logoTextbook rentals are a hot trend this fall, and the competition is getting fierce as students return to college campuses around the country. BookRenter is taking off, expecting to make between $20 to $50 million in revenue this year. BookRenter is still behind the largest book rental service, Chegg.com, which is expected to bring in $130 million in revenue.

BookRenter has rolled out a new partnership program with collegiate bookstores. The textbook rental service provides the virtual college bookstores with the same selection that’s available on their site. Over 260 campuses have partnered with BookRenter, including Arizona State University, University of Texas and University of Kansas.

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BookRenter to Be the NetFlix of Textbook Rentals

bookrenterWith the rising costs of college tuition and the still struggling economy, textbook booksellers are hard at work to help relieve a bit of the financial burden to students by renting, not selling books, to cash-strapped academicians.

Online book rental companies, like Chegg and others, provide an opportunity to save on the cost of college textbooks by offering young intellects a chance to rent their semester textbooks. Now, BookRenter, a college textbook rental start-up, has received $10 million in investment money to make them the NetFlix of textbook rentals.

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