Akademos and UPS to Provide Fast and Secure Book Delivery to College Students on TextbookX.com
Business Wire (December 6, 2005) - Students have learned that they can dramatically cut their textbook costs when they buy and sell on a peer-to-peer marketplace like TextbookX.com. Now, with UPS Online® Tools,
students using TextbookX.com can enjoy those savings with an increased
confidence in the shipment and delivery of their books.
"Offering UPS solutions helps Akademos bring a new level of
shipping efficiency into the marketplace for college textbooks," said
Brian Jacobs, President of Akademos, which operates TextbookX.com. "We
can now provide students with shipment visibility along with a
selection of rates and services so they can make informed decisions.
We are also bringing UPS Web-based shipping and label printing
directly to our members' desktops."
When students buy textbooks on a marketplace, they need to know
they will get them on time. "Many textbooks are required reading
before exams, and a late or lost book can have a serious impact on a
student's coursework," Jacobs said. "With UPS services, student buyers
will be able to determine when a book was shipped and where it is in
transit. In addition, student sellers will gain the security of
knowing that they will be promptly paid for delivered packages, and
pre-addressed and pre-paid shipping labels let them quickly and easily
get books in the mail."
"Akademos' use of UPS's customer technology solutions exemplifies UPS's e-commerce strategy: embedding easy-to-use, UPS-enabled
e-commerce solutions to serve customers at critical points within
their business practices," said Bob DeBatto, Vice President of Sales
and Marketing for UPS.
As a recent GAO report notes, college textbook prices tripled from
1986 to 2004, rising at more than twice the rate of inflation. At
four-year public universities, textbooks constitute 26% of tuition and
fees. For students and parents concerned about the high costs of
textbooks, TextbookX.com provides financial relief by significantly
reducing these costs through an integrated marketplace, innovative
technology, and UPS solutions.
Akademos, Inc. was founded in April 1999 by Brian Jacobs, Ph.D.,
then a professor at Cornell University in Ithaca, N.Y. Its mission is
to use new distribution models and media to democratize and enhance
opportunities for students in higher education. Akademos provides
institutions of higher education with the most innovative outsourced
textbook solutions available.
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