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University of Florida New Faculty Orientation August 16, 2012

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Page 1: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

University of Florida New Faculty Orientation

August 16, 2012

Page 2: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

AgendaUniversity of Florida Bookstores Mission StatementIndustry Trends in Higher Education More Markets Changing Students Blend in FormatsVital Operations Open seven days a week Centrally located on campus Higher Education Opportunity ActVision Vital destination yesterday, today, and tomorrow

Page 3: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

The University of Florida Bookstores

Mission Statement: Delivering the right products and services, at the right time & quantity, through superior service – creating the premiere retail resource to students, campus, and community

Page 4: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

Higher Education Today - TrendsCourse Materials

Online Shopping

Electronic Mobility

New – Used – Rental - Digital

Shipping OR In-Store Pick-Up

Clickers – Access Codes

Page 5: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

Trends – The Changing CustomerDigital Content Academic Bookstore partners with publishers and

authors on copyright protection.

Device Proliferation Smart phones – iPads – Notebooks – Laptops – Digital

Readers

Mobile Commerce Distance Learning is going international.

Rise of the App

Page 6: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

Blend in Formats

• Physical inventory• Local Physical

Infrastructure (Stores)• Brick/Click Fulfillment• Freight/Returns

• Digital inventory• Central Digital

Infrastructure• Click/Brick

Fulfillment• Digital Content

Acquisition• No Freight/Returns• Platform for

transactions; access to or delivery of digital content; networking

New 68%Used 30%

Digital/Other “e” 2%

Digital/Other “e” 60%New 25%Used 15%

2010 2015+

Rental

Rental is a transitional pricing

model as digital evolves from a price option to being fully

integrated into curriculum

Page 7: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

Course Material RequirementsHigher Education Opportunity ActCourse Materials & Textbook Rentals

FY 2008 FY 2009 FY 2010 FY 2011 FY 20120

2000

4000

6000

8000

10000

Course Materials Adopted

Page 8: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

The University of Florida Bookstores

Vital Operation

The UF Bookstores are a welcoming entity 357 days a year on the University of Florida Campus.

The UF Bookstores are convenient for students, faculty, staff, alumni, prospective students, fans and other campus guests.

The UF Bookstores are committed to continue to be the one-stop-shop for all the academic needs for students and faculty.

Page 9: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

The source and solution for academic requirements to faculty and students

Cutting edge clothing & gifts

Total integration of computer hardware and software

The Vitality Continues

Page 10: August 16, 2012. Agenda University of Florida Bookstores  Mission Statement Industry Trends in Higher Education  More Markets  Changing Students

The Vision

Continuing to be a vital campus destination for students, faculty, staff, and visitors

Your UF Bookstores