Course Materials: Course Materials: Holding the Line Holding the Line A Charge to Keep A Charge to Keep Tartan Campus Store Sinclair Community College Solely Owned and Operated by Sinclair Community College Faculty Senate November 19, 2003 For Discussion Only --Faculty Senate Minutes, Nov. 19, 2003 Attachment FSMA20031119-03B SINCLAIR COMMUNITY COLLEGE
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Course Materials: Holding the Line A Charge to Keep Tartan Campus Store Sinclair Community College Solely Owned and Operated by Sinclair Community College.
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Course Materials: Holding the Course Materials: Holding the LineLine
A Charge to KeepA Charge to KeepTartan Campus Store
Sinclair Community CollegeSolely Owned and Operated by Sinclair Community College
Faculty SenateNovember 19, 2003
For Discussion Only --Faculty Senate Minutes, Nov. 19, 2003Attachment FSMA20031119-03B
SINCLAIR COMMUNITY COLLEGE
Solely owned & operated by Sinclair Community College.– Policies are those established by the
administration of the College– All excess revenues are used to support
Sinclair’s mission
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
Among the largest college stores in the U.S.A. based on retail salesTop 25% in the nation*Serves 23,000 students locally, nationally and internationallyEmploys 13 full time employees and up to 40 part time
employees.
* 2003 College Store Industry Financial Report. National Association of College Stores. Oberlin, Ohio. 2003.
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
ExperiencedOver 60 years of accumulated experience and
knowledge in the college textbook market.Knowledgeable and dedicated staffGood resource for information
Who Are We?Who Are We?
Tartan Campus StoreSinclair Community College
How Has Textbook Pricing Changed over the Past 5 Years?Stores’ Gross Margins
On New TextbooksCollege Textbooks
PPI % Change
Core PPI
% Change
1998 22.0% 3.4% 0.9%
1999 22.3% 5.5% 1.7%
2000 22.8% 5.2% 1.3%
2001 22.7% 7.8% 1.4%
2002 22.9% 6.5% 0.1%
2003 22.4% 6.7% .03%*
Pricing PolicyPricing Policy
Tartan Campus StoreSinclair Community College
Strive to Maintain Low Prices
• Lowest prices of any community college in the state of Ohio, levy supported or not– 20% Margin on new books (25% Margin is
national standard)– Realized margin of 17.3%
Retail Margins of Textbooks Retail Margins of Textbooks (Ohio)(Ohio)