The Buyback Truth is a great video for helping to understand what buyback is and how it works.
DEFINITION: Buyback is the process of purchasing textbooks from students in the general public.
What it is:
- Bookstore Buyback (buyback week) is when the Bookstore has funds on hand to purchase books from students that it can resell to students.
- Wholesale buyback can be done during buyback week in the Bookstore or online with online buyback. The book is being purchased by a wholesale book company not the Bookstore
- The Bookstore will not buy books it can’t resell.
- Is a service to students to enable them a simple and easy option for selling their unwanted books
What it isn't:
- Buyback is not a return.
- Buyback is not a guarantee.
- Exclusive to BMCC students. If the BMCC Bookstore or a wholesaler is in need of the book, we will buy it regardless of the institution it was used at.
Why buy back books?
- Students get money for books they don’t want anymore.
- More used books are available to students purchasing books.
- Bookstores save money by not having to pay higher prices to wholesalers or purchase more new textbooks.
- Bookstores save money by not having to pay for shipping or the labor to process additional book orders
- Buying books for the Bookstore is a win-win for students and the Bookstore
- Students: Get more money for their books
- Bookstores: Get books for cheaper than wholesalers
Retail vs. Wholesale Buyback
- Retail buyback = Buying books from students for reuse in the Bookstore
- Wholesale Buyback = A wholesale company we have partnered with is buying your book