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This blog is dedicated to the topics of Course materials, Innovation, and Technology in Education. it is intended as an information source for the college store industry, or anyone interested in how course materials are changing. Suggestions for discussion topics or news stories are welcome.

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Showing posts with label strategies. Show all posts
Showing posts with label strategies. Show all posts

Friday, January 13, 2017

Time to Rethink the Lecture

The lecture remains a basic element of many college courses, but research continues to show it’s time for a change. Researchers from the University of British Columbia, Vancouver, Canada, recently found that students taking traditional lecture classes displayed little or no improvement in their problem-solving skills after the first semester of their freshman year.

The results were similar to a 2011 UBC study which showed that student engagement and learning doubled when interactive teaching methods were utilized. Researchers from the University of Washington also released a report in 2014 that found students in lecture classes were 1.5 times more likely to fail than students who took classes with more stimulating instruction.

“There is strong evidence that different methods of teaching can heavily influence the development of problem-solving skills,” Andis Klegeris, associate professor of biology at UBC, told eCampus News. “It does not appear that the traditional, lecture-style of information delivery is well suited to helping students build those skills.”

The latest UBC research involved a test that measured problem-solving skills throughout an undergrad’s educational career. One test was given at the start of the first semester and another at the end.

“As problem-solving is becoming an increasingly sought-after skill, it is likely postsecondary institutions will need to adapt their teaching styles to ensure students are able to better participate in a skill-based economy,” said Heather Hurren, a UBC researcher and manager of academic development at the UBC Centre for Teaching and Learning. “If they haven’t already, professors will need to move from traditional lectures and expectations of memorization to approaches that see small groups of students actively discover knowledge on their own.”

Friday, July 8, 2016

Use of Alternative Credentials Grows

A new study found that 94% of colleges and universities are offering some form of alternative credentials to their students. It also noted millennial students were more likely to favor educational rewards built around badging and certificates rather than the traditional bachelor’s degree.

The research from the University Professional and Continuing Education Association (UPCEA), Pennsylvania State University, and the publisher Pearson reported that one in five institutions offer badges and 64% of respondents said their institution saw the use of alternative credentialing as an important strategy. It also found that 71% of institutions consistently work with the business community to offer their students internships and job placement.

“The degree will always be an important credential, but it won’t always be the gold standard,” Jim Fong, director of the UPCEA Center for Research and Marketing Strategy, said in a release. “As millennials enter the prime years of their careers and move into positions of greater power, we’ll see more alternative credentials for specific industries and possibly across the board. Higher education institutions, especially those in our survey, are showing that they are being progressive with workforce needs.”

Friday, July 1, 2016

Helping Business Fill Empty Classroom Seats

No one benefits from empty seats in a college classroom. A new online platform is being developed to provide a solution.

Anyone’s Learning Experience (ALEX), a company led by students from Harvard University, created a program that matches the educational needs of employers and their employees with excess capacity in classrooms. ALEX received $10,000 in funding from the Technology and Entrepreneurship Center at Harvard to get the project off the ground.

ALEX works with businesses that already offer tuition assistance to their employees. The goal is to help employers reduce training costs while improving employee development and retention. The company is currently focused on Boston-area businesses, but plans to roll out the program to other cities.

“Many people are struggling to improve their education, companies need better-trained employees, and every year there are about two million unfilled U.S. classroom seats—there is a huge need and potential for the platform we’ve created,” Sergio Marrero, CEO of ALEX, said in a release for University Business. “Connecting working professionals without college training with available seats in classrooms is an effective and cost-effective way to help business thrive while improving the lives of millions of people.”

Friday, January 8, 2016

Privacy Group Complains about Google

Google has become a dominant player in educational technology, with its Chromebook making up 51% of device sales to schools in the third quarter of 2015. Part of the reason for this rise is that Chromebooks are available to school districts at a fraction of the cost of other devices and come complete with free software used by more than 50 million students and teachers worldwide.

That’s an issue for the Electronic Frontier Foundation (EFF), a nonprofit privacy organization, which filed a complaint with the Federal Trade Commission accusing Google of collecting and data-mining Internet searches by children. The group claimed Google is using some of the collected information to sell targeted ads.

In addition, the EFF said Google is tracking user activity through the Chrome Sync feature, which automatically is turned on in Chromebooks. That tracking function is being used without parental consent, the group argued.

“In some of the schools we’ve talked to parents about, there’s literally no ability to say, ‘No,’” Nate Cardozzo, staff attorney for the EFF, told The Washington Post.

Google countered with a blog post claiming its educational apps comply with the law, while admitting that it does collect data of student activities to improve its products. In addition, both the Future of Privacy Forum, which authored the student privacy pledge that was signed by Google, and the Software and Information Industry Association sided with Google.

“We have reviewed the EFF complaint but do not believe it has merit,” said Jules Polonetsky, executive director of the Future of Privacy Forum.

Along with lack of parental consent, school districts are also not informing parents of online service policies. A 2013 study of found that 95% of the surveyed school districts relied on an online cloud service, but only 25% informed parents.

“Despite publicly promising not to, Google mines students’ browsing data and other information, and uses it for the company’s own purposes,” Cardozo said in a statement to CBS News. “Making such promises and failing to live up to them is a violation of FTC rules against unfair and deceptive business practices. Minors shouldn’t be tracked or used as guinea pigs, with their data treated as a profit center. If Google wants to use students’ data to ‘improve Google products,’ then it needs to get express consent from parents.”

Tuesday, October 27, 2015

Student Assessment Tool Being Developed

The U.S. Department of Education awarded Excelsior College a $1.9 million grant to develop a solution colleges and universities can use to evaluate students’ readiness  for college-level work. The Diagnostic Assessment and Achievement of College Skills (DAACS) will be an open-source tool that allows institutions to identify at-risk students and provide them the resources necessary to succeed.

The program is designed to offer students feedback on their weaknesses and provide information for relearning content, according to a report in eCampus News. DAACS will include academic and nonacademic (i.e., academic self-regulation and test anxiety) evaluations so college and universities will have a better understanding of students and develop learning strategies based on their needs.

“Because of its focus on generating actionable feedback and its direct link to effective support services and resources, DAACS has the potential to empower and enable students to become more purposeful and strategic learners,” said Timothy Cleary, associate professor, Rutgers Graduate School of Applied and Professional Psychology. “This project is particularly exciting because it can positively influence the ways in which students—as well as faculty—respond to the inevitable challenges and struggles that so many students experience during college.”

Rutgers University and the University at Albany, Albany, NY, are partners with Excelsior on the DAACS project. Once the tool is finished, Excelsior and Western Governors University will conduct pilot studies on its usefulness.

Wednesday, June 18, 2014

Do Consumers Care About Amazon's Tactics?

Recent news coverage seems to portray Amazon as a bully for trying to keep readers from J.K. Rowling’s latest novel and The Lego Movie as it negotiates better deals with its publishing and movie distribution partners.

The question is, do consumers really care?

“People selling things seem more aware of Amazon’s action that those buying things,” Joshua Brustein wrote in Bloomberg Business. “Anyone who has shopped online is familiar with inconsistent availability of items at any given time. Even if someone ends up leaving Amazon to buy a book or a movie from a rival website, it won’t necessarily generate hostility toward Amazon.”

Prominent authors have been complaining, but there hasn’t been much of a public outcry. In fact, a survey from YouGov showed there’s been virtually no change in the public perception of Amazon, which remains No. 1 in the American Customers Satisfaction Index.

“Some think that the way for publishers to change this is to beat Amazon at its own game, pulling all their titles and making it clear why they’re doing it,” Brustein wrote. “That would be very likely to grab attention. The outcome of the ensuing standoff would probably come down to which side needs the other more. That seems a risky bet for the publishing industry.”

At the same time, the price of Amazon stock is climbing.

“While it’s hard sometimes to say why Wall Street behaves the way it does, it could be that investors see Amazon’s struggle in terms of its effort to increase its raze-thin profit margin, or similarly, as was posited by David Streitfeld of The New York Times, who initially broke the Amazon-Hachette story, to help finance its many investments in its future business,” wrote Jeremy Greenfield in Forbes. “Or, perhaps investors are ignoring Amazon’s moves in book publishing and focusing on its other businesses.”

Thursday, December 12, 2013

Flipped Classrooms Help Raise Test Scores

Flipped classrooms, where students view video lectures online at home and use class time to discuss the content with the instructor, are growing in popularity on college campuses. New research indicates that the model is much more than a passing educational fad.

The study from the University of North Carolina Chapel Hill reported that students performed 5% better on a final exam than their peers who didn’t learn in a flipped-classroom setting. The three-year study surveyed more than 300 students taking a pharmacy course taught by Russell Mumper, who helped write the report published in the journal Academic Medicine.

It took Mumper 60 hours to record 25 videos using lecture-capture technology from Echo360. The effort allowed him to spend the majority of classroom time discussing the material and dispensing career advice.

“When we asked students before the course, 75% said they preferred a traditional method,” Mumper eCampus News. “At the end of the course, 86% said they now preferred the flipped format. We flipped their preference.”

Nine out of 10 students in the survey said their learning was enhanced and 93% said their understanding of key concepts improved. In addition, nearly all respondents reported the model helped them develop skills that would be used in their careers.

“The main event in education is still, and will continue to be, in the classroom,” said Fred Singer, CEO of Echo360. “With the flipped model, we’re seeing excitement return to the classroom as students and their teachers are both engaging in more active learning that demands everyone’s full-time attention.”

Thursday, October 3, 2013

Testing Student Verification with Webcams

The importance of making sure that the student who signed up for an online class is actually the one taking it has been magnified by the emergence of massive open online courses (MOOCs).  Solutions range from keystroke software to webcams to programs that shut down web browsers during an exam.

The Massachusetts Institute of Technology started using webcams with the MITx XSeries sequences for some of its courses that began this fall and plans to expand the program next year. It takes between six months to two years to complete each of the sequences, which use content from two to four traditional classroom courses. MIT is testing webcam photos of students to confirm their identity for the sequences. edX is also testing the ID-verification process with three of its MOOCs from MIT and the University of California at Berkeley.

While there is a cost to using webcam verification, it should add just a few hundred dollars to the cost, according to a report in eCampus News. A free “Honor Code Certificate of Achievement” option is also available to students, but credit is not.

“This is all an experiment,” said Steve Carson, external relations director at MIT OpenCourseWare. “We’re trying different things and looking at what learners are interested in—what kinds of certificates do they want, what kind of programs are they pursuing.”

Monday, January 14, 2013

Free Is Key for UW Online Courses

Like dozens of other universities across the country, the University of Washington, Seattle, has offered free massive open online courses through companies such as Coursera and edX. The school is now experimenting with a way to produce revenue by charging for more rigorous versions of the free courses for credit.

University officials figure classes could pay for themselves if just 30 to 40 students would be willing to pay for each for-credit offering, which includes extra work and allows students to either attend the class in person or participate through live video/audio. However, what seemed like a good idea in theory has yet to work well in practice.

For instance, the university offered a computational finance course through Coursera last quarter that had an enrollment of more than 30,000 people, but just two chose the for-credit option. A scientific computing class attracted nearly 15,000 people, but none of them were willing to pay.

David Szatmary, vice provost of UW Educational Outreach, told The Seattle Times that late sign-up and poor advertising for the course may have caused the low paid participation rate.

“We’ll give it a year and then decide how many other courses we want to put on,” he said. “Right now, we’re serving a lot of people who would not otherwise be touched by the University of Washington.”

Thursday, March 1, 2012

Follett's prediction of digital learning

Follett Higher Education group recently published a white paper titled “Are Textbooks Dead?” that assesses the evolution of course materials and the future of digital learning.   This is a must read for everyone involved in the course materials business.  Here are some quotes and highlights of the paper that are consistent with the messages of this blog for the past few years.

“As the campus appetite for digital materials increases, it stands to reason that publishers and providers will concentrate first on evolving a select group of textbooks because they are most widely used and produce the most revenue.”
i.e., large adoptions will move to digital first because of economies of scale and effect. 

Follett predicts that there will be two paths for digital: Native Digital and Enhanced Print.  We have traditionally referred to Native Digital as "born digital," but agree that Follett's labeling in this report is more consistent with the more common terminology that has evolved.  Enhanced Print takes the "PDF-equivalent" digital and "enhances" it with multimedia or other elements.  Inkling textbooks might be an example in this category.  From there, Follett has some interesting discussion within the report.  For example, their comparison of the two paths:
Native Digital
PACE OF GROWTH:  Faster
DISCIPLINES: Problem-based with linear learning
PURCHASE DECISION: Faculty select
BENEFITS: Better student performance; Engagement and retention; Adaptive learning;

Enhance Print
PACE OF GROWTH: Slower
DISCIPLINES: Theory-based with conceptual learning
PURCHASE DECISION: Student select
BENEFITS: Efficiency; Cost and social learning with ability to share notes and link to additional resources

Within the paper Follett provides their prediction for how course materials will evolve. The report provides an interesting table outlining the evolution, along with several other great charts and graphs.  Finally, in the report Follett proposes seven key considerations for decision makers on campus:
  1. Develop a strategy to address issues surfacing as course materials evolve from print to digital. 
  2. Give key stakeholders a chance to bring their ideas and concerns into the decision-making process, a collaboration that offers the best prospect for practical solutions and long-term success.
  3. Consider IT support when making digital course material choices – both how the material might work in conjunction with existing campus technology and also how much time students and faculty will require to become familiar with the platform.
  4. Standardize platforms and applications adopted and used by faculty and students, minimizing IT support and reducing learning curve.
  5. Take advantage of the campus bookstore’s ability to leverage established relationships with publishers, soliciting and vetting faculty adoptions, then aggregating and making them conveniently available.
  6. Guard against quickly adopting technology because of pressure from industry “noise.”
  7. Be willing to relinquish the past.
 A very solid set of recommendations and advice, consistent with our prior recommendations.  The Follett report should definitely be on every store's reading list as they prepare and engage in their course materials strategy discussion.

Tuesday, February 21, 2012

Ten Things Stores Can Do

With the ICBA meeting just past us, and CAMEX just a couple weeks away, I thought now might be a good time to highlight Jeff Nelson's recommendations for "Ten Things Stores Can Do To Drive the Course Materials Future." The list originally appeared on the ICBA blog a few months ago, and I have been meaning to blog on it for a while. Across the documents I have seen Jeff produce, I continually admire much his careful thinking and way of capturing ideas in a parsimoneous way -- while still hitting the important stuff.  The full essay is worth the read. 
Here is the original introduction:
Those without the experience of working outside the institution can easily overlook the established advantages we can capitalize upon, campus services that can be enhanced, and value-added strengths that can be built upon. The basics include offering convenience and customer service, facilitating communication with faculty and students, collaborating with strategic partners, managing consolidated transactions, and controlling costs.
While offering valued services to faculty, students, administrators, and other course material stakeholders proves competency, capability, and credibility, this is not enough. To ensure a position of strength for the course materials future, collegiate retailers must consider forward thinking strategies and be open to new ways of thinking. The list that follows represents contemporary actions that can be taken to drive the future of course materials.
Here is the list:
     1. Think & Read Strategically.
     2. Pursue Digital Options.
     3. Pursue Textbook Affordability Initiatives.  
     4. Engage Actively with Higher Ed.
     5. Seek Collaborative Opportunities.
     6. Consider Alternative Success Measures.
     7. Seek Customer Satisfaction & Loyalty. 
     8. Track Market Share Not Just Top Line Revenue.
     9. Don't Be Afraid to Act Decisively.
     10. BE Your Future.

This is a great list, with even better content to go with it.  The full essay should be required reading for most stores.  #10 really sums the others up though.  There are basic business practices we should be engaged in because they are the right thing to do -- both as mission-driven organizations, and business managers concerned with providing value to our stakeholders -- starting with students and faculty.

Tuesday, January 31, 2012

Retail Transparency- What does it mean for you?

Here’s an interesting read  that speaks to retailers getting ready for new technologies that  will bring new store transparency.  The author, having recently attended NRF Big Show, says that now that stores have the technologies available that will give the same opportunities to reach shoppers and influence their behavior as in digital channels, stores will need to make the necessary changes in order to take advantage of the insights this new retail transparency brings.   
Some of the technologies in the article talks about Bluetooth tracking, Wi-Fi-based tracking, heat maps, interactive digital signs, targeted ads deployed within the store, point of sale at the shelf, and various combinations of these are all available in turning the store black box into as formidable of a competitor as the e-Commerce site.  These new tools will let stores know much more about the operations of the store than ever before but all the new data and analytics will not mean much if retailers do not take action based on them. 


“In this era of transparency, it's not enough to solicit feedback from shoppers - passionate or otherwise. Just like people get frustrated with negative product reviews that don't result in any correction of product flaws, they will get frustrated with getting asked for advice about "their" store and then having that advice ignored. Not all advice has to be taken, but if it's not taken, there should be some acknowledgement and a brief explanation of why that particular idea is difficult or not the highest priority.”
Here are three recommendations from the article:
  1. 1.       Measure store managers on sales conversion rates based on minutes spent per customer, not on sales per hour and labor as a percent of sales.
  2. 2.       Connect store managers and employees to each other.
  3. 3.       Look at how the store can market itself.

The first two may seem less relevant within the college store industry today, but the third hits home.  College stores must increase their capability and sophistication at "telling their story" both on and off campus.  Stores must market themselves in new ways focusing on value and outcomes wherever possible.

Wednesday, January 18, 2012

Beyond the Bookstore for Publishers

Yet another sign that it is time for stores to change many of their traditional ways of doing business.  A recent article encourages publishers to increase sales and profit through non-bookstore marketing, particularly in light of the trend toward decreased unit sales in print books from traditional outlets.   Here is an excerpt from the article:

“Given the choice, there are advantages to focusing only on non-bookstore marketing.  Here you can sell your content in any format – e-books, printed books, audio books or booklets.  You can also sell it in many more places, including retailers, libraries, corporations, schools and associations.  And in nonretail segments, book sales are sold on a non-returnable basis and you are generally paid more quickly.  If that were not enough, even more benefits accrue through special sales.” 
Here are ten reasons why the author says publishers should invest in the non-bookstore markets.  You can read the details of each recommendation in the article.

1) Compete in a marketplace larger in size than the bookstore segment.
2) Experience growth that is virtually limitless.
3) Take your titles to the potential buyers rather than waiting for them to go to a bookstore.
4) Reduce the competition.
5) Minimize discounting since buyers do not have immediate access to competitive pricing.
6) Sell books on a non-returnable basis.
7) Stimulate increased exposure. 
8) Increase your flexibility in negotiations
9) Improved cash flow, since some businesses purchase your products at list price.
10) Do what you do best.
Now I am sure many stores could articulate reasons back to publishers to encourage continued investment in the channel.  A couple obvious arguments come to my mind, however, that is not the thrust or focus of this posting.  The point here is that stores that want to succeed in the future must look at the trends and begin transitioning to new markets.  Continuing on a path to merely extend or defend what we have always done is a fast path down the spiral of decline.  We must rethink our value, or not be surprised when those who were once our partners are suddenly our competitors.  To paraphrase Wayne Gretzky once again, we must learn to skate to where the puck will be -- not where it is now or has been in the past. 

Monday, December 12, 2011

Choosing the Right Script for Your Store

Here’s a great article titled “7 Steps For Creating Disruptive New Retail Experience,” in Fast Company’s Co.Design’s November newsletter.


To provide your customers the experience that will stand out from mundane shopping practice you have to look beyond the subject of design to sociology, economics, organizational behavior, and even theater, the article suggest.   By finding the intersection of these fields we can find the right script for your store.   “Scripts” are unwritten and unspoken shared rules that govern how people act that guide our day-to-day behaviors and interactions, according to the story.  Scripts are the reason why people behave similarly at the DMV and at holiday parties.


The article suggests seven principles that will help you design and choose the right script for your store.


  1. Experience design is not about luxury- It’s not always about “Premium” ideas.  Think about Southwest Airlines and how they combine heart, humor, and efficiency to air travel.
  2. Start with empathy- Stepping into the customer’s shoes.  Good example is Harley Davidson because they employee bikers.
  3. Do you own thing- Find authentic sources of connection with your customers and stick to them.   Think about Target
  4. Utilize all elements of theater- Think of the whole shopping experience as a “play,” including casts, costumes, set, and props.  Good example is Starbucks.
  5. Use different incentives to create different behaviors- Provide employees with right incentives like what Saturn did by employing salaried salespeople and eliminated the stereotypical sleazy car salesman.
  6. The devil is in the trade-offs- Managing the trade-offs is crucial to finding the script with a character that separate you from the rest.
  7. Evolve to stay relevant- Always experiment with new ideas and be ready to change to meet people’s needs.

Sunday, October 9, 2011

Retail Systems Research Report on the State of the Store

Retail Systems Research continues to produce interesting and relevant stories and reports for retailers in an age of technology.  In one recent report RSR discusses their annual study on the "state of the store" or retailing.  Here is a quick quip:
Our findings consistently show retailers understand the importance of creating a better in-store shopping experience for their customers. However, in 2010 it became clear that armed with more technology than most store employees and managers, the consumer was crafting her own experience – and much of it was outside the boundaries of the store’s four walls. The question is no longer, “How can we make the in-store experience as satisfying as the web?” It has become, “How can we make our stores more significant than showrooms for on-line merchants?”

As stores think more about increasing traffic, and providing more and more products and services online, several of the lessons within the report are worth examining.  Key lessons in this year's report seem to focus on the importance of making sure that the people on the floor are educated in the products being offered.  The report also discusses the importance of using technology in retail to engage customers, and in doing so available technologies can drive customers to the store rather than away from it. 

The 29 page report is available for free with site registration and is worth the time to download and read. There is more than one actionable takeaway that retailers can pull from the piece.

Wednesday, May 4, 2011

Educational Publishing at Work

Today's post is a guest-posting by Veronica Gancov. Veronica is the new Digital Media Specialist within NACS Media Solutions. She joined us in February and is leading some of our work in the regional print-on-demand area. Veronica will likely become a regular guest blogger to the CITE. While this first posting is publisher-focused, I think many stores will see the parallels in, and implications for, educational retail.

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I recently attended BISG's “Educational Publishing at Work” webinar. The panelists included Charlene Gaynor, CEO, The Association of Educational Publishers; Michael Ross, SVP, Encyclopaedia Britannica; and Christian Schamberger, VP of Operations, Mercury Book Printing. The webinar raised many interesting points, the first being that since students today are “natives” of digital technology, such as the internet, video games and mobile technology, teachers need to adapt and become more tech savvy in their teaching methods in order to reach these students. Likewise, as teachers must, Publishers today must adapt to digital technology in order to maintain their business standing and reach those students as well. New business models must be written, and new delivery systems must be explored in order to stay current and relevant in the wake of the digital age.

Gaynor's main point was that moving products from print to digital will be one of the top five strategies for impacting the bottom line of any publishing company. She also believes that “free is your friend,” and that supplying some free content is also good for your bottom line, as sales have been proven to increase when some content is given out for free. Gaynor also recommends hiring for a digital future, in other words, choosing people who are technology minded and can see the benefits of digital progress.

Encyclopaedia Britannica has been around since 1768. Ross commented on how change is a must in order to stay relevant. In addition to pursuing digital formats such as online databases, print sets, ebooks, and e-learning solutions for all age groups and readers, Encyclopaedia Britannica strives to provide specific curriculum products for everyone from Pre-K to college and university students. Ross stresses that pricing must be kept low and attainable for everyone, and that subscription models, in particular automatic renewals, work for his company. He stresses that Publishers interested in switching to a digital format must establish a 5 year strategy, and that they need to hire people who will move their digital strategy forward.

Schamberger said that “times can look bleak for printers who do not adapt to the current economy and technology.” Mercury is no stranger to change, and has grown from a printing press in someone’s basement, to a successful printer with three print divisions: Offset, Book, and Fulfillment. Mercury is adapting to the economy and new technologies by continuing to invest in new digital printing technologies, such as inkjet printers that are faster, increase automation, incur cheaper costs, and enable enormous volume capability. He also sees Print on Demand as a great way for printers to fulfill a need in the market. He says that publishers need the flexibility to offer both an electronic format of a product as well as a printed product, and says that they must embrace new technologies and partner with printers who have, as well as challenging traditional thinking and norms.

Wednesday, March 16, 2011

Learning from Amazon

BNet had an interesting piece a couple months ago on 6 ecommerce strategies Amazon uses that other retailers should adopt. Most of these effect discoverability of the store's products within search engines -- part of SEO or search engine optimization strategies. (Yes, yet another type of technology-based strategy with real business implications for you to think about). No surprises in the list from the article, but something for stores to think about as they evaluate their own e-commerce tools:

1. Let your customers help keep your website fresh
2. Get more control over your listings in Google
3. Win on long-tail key phrases
4. Make it easy to find things
5. Personalize the experience
6. Anticipate customers' questions

All good topics and strategies to improve customer engagement (#1), improve visibility to customers (#2-4), and improve the customer experience (#4-6).

Tuesday, February 8, 2011

Store Options with a changing distribution chain

There was a good piece in the MACS 2011 newsletter on the "truth about course materials" and how stores can remain a part of the distribution chain written by Allyson Manet from Cengage. As stores see shifts away from traditional media and channels to new products and approaches, Allyson suggests some strategies to move stores towards competing better with online competition.

While she does not say it directly, part of the implied message is that booksellers must look above the day-to-day activities of store operations to think strategically about their present and their future. I once heard this referred to as the "tyranny of the tactical," but thinking strategically is critically important for the survival of an organization in an increasingly competitive landscape.

Among Allyson's more direct suggestions to stores are:

1. Be comprehensive -- serving as a reliable aggregator of course materials information is one of the core advantages for most stores. If students require something to be successful in the classroom, you should be able to provide it.

2. Be Reliable -- ensure that what students get from your store is what they really need to be successful in the classroom. Allyson points to a recent NACS study that shows confidence that they are buying the right product ranks almost as high to students as price as they decide where to buy their course materials. Reliability is also a traditioanl core strength of campus stores.

3. Be Flexible -- students will search. You capture more sales when you make more options available. Rental and e-books are no longer an option. At the same time, using price comparison is essential, because students will do that anyway and lack of transparency on the part of the store both erodes trust and pushes customers to look elsewhere before they make their buying decision. At that point you must work to get them back. Flexibility is a core strength that stores need to embed within their DNA.

4. Be Noticeable -- many students are not aware of the options stores provide. One NACS study found that nearly half of students did not know if the campus store provided e-books or not. Stores cannot assume awareness on the part of students or faculty in terms of the services they provide or the benefits they return to the student and institutional community. Stores must be increasingly proactive in their marketing communications and conduct awareness campaigns.

Thursday, May 7, 2009

The Coming Coaster Ride for College Stores…

You know that feeling where the roller coaster comes to the top of the first big incline and is about to drop, but you can’t quite see over the edge yet? The fear? The anticipation? That feeling in your stomach? Well, I am having one of those feelings today about what the next year will look like on the digital side for college stores. An early indication of change is the collection of fall textbook adoptions, which is a process that is going on now for many campuses. From individual e-mails, and internal discussion lists I am seeing a strong uptake in interest in the adoption of digital textbooks by faculty. While many college stores still do not support the delivery of digital textbooks, the time has come for stores to either commit to a future that includes a growing percentage of digital sales, many of which will occur via stores’ websites, or accept that their current and future customers will migrate elsewhere as they become obsolete. The messages and signals in the marketplace have become so loud and clear that the only people who cannot tell that a change is coming are those who are choosing not to listen. We and others anticipate that 2009-2010 will be the start of the real shift to digital course materials. Expect some more big announcements between now and the start of the fall semester. Amazon's new Kindle is just the start. All stores must increase their experimentation, innovation, and knowledge sharing if they are to remain a viable and vibrant part of the academic landscape. I hope the safety bar on our roller coaster is working! This ride is looking like it will be a real thriller!

Thursday, April 23, 2009

KnowledgeWorks 2020 Forecast: Creating the Future of Learning

The KnowledgeWorks Foundation’s second future forecast entitled 2020 Forecast: Creating the Future of Learning is now available. The forecast explores the key forces of change that will influence the next decade and the actions that we can take today to shape the future of learning. The forecast is designed to help users make connections among things that may seem unrelated and to help them understand how challenges occurring today fit within the larger context of patterns of change. KnowledgeWorks first forecast entitled 2006-2016 Map of Future Forces Affecting Education is still relevant but includes trends that have evolved in recent years. The new forecast is organized into six future forces and within each force there are signals, trends, and ways to take action. Some of the relevant trends for college stores include: transliteracy, eco-schools, open leadership and sociability, visual literacy, and open-source assessment. Additionally, the website features scenario planning information that you may find useful. The information is intended to help users: make use of the forecast in their own educational organization, spark conversation about future challenges, and to build support for change.