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Online textbooks swap
“We have realised that students fall into a highly pressured and over burdened niche book market. From now on, they can recoup some of their investment by selling their used books online. In addition, they can buy their next year's books online, saving time and money. We are confident that this e-solution is going to prove to be a fantastic solution to their problem,” comments Chris Fraser, MD of Grad Shack on the founding of the new online textbook exchange.
In partnership with ecommerce provider, ShopDirect, the concept uses state-of-the-art ecommerce systems to facilitate trade. Once the initial purchase is made, books can be resold at a minimal loss at the end of the year and those funds used to purchase books for the next year. This eases the burden on the students' finances allowing them to worry less about the exorbitant cost of being a student and focus more on what is important - their studies.
James Flower, MD of ShopDirect says, “Students can save up to 60% on the price of new books. Whilst some systems do exist for the trade of used books, they fail to offer protection to buyer and seller and are generally inefficient. The Grad Shack resolves this by administrating the flow of finance between the two parties through an easy-to-use online system that our team has created. Over a period of five years we have developed some 500 shops and the software is at the very forefront of ecommerce development.”
However, more than just enjoying huge savings on the purchase of textbooks, the system is simple to use, offers protection from fraudulent or dishonest transactions and allows for the timeous settlement of funds into the seller's account.
View the service at www.gradshack.co.za.
