Chegg.com Introduces Two New Ways for College Students to Easily Rent Their Textbooks Chegg Launches New iPhone Application and Powered by Chegg® Rental Stands in Campus Bookstores Nationwide

SANTA CLARA, Calif., Aug. 11 /PRNewswire/ -- Chegg.com, the number one online textbook rental company, today announced the launch of a mobile application that allows students to search books, compare prices and rent right from an iPhone, iPod Touch or iPad. In addition, the company announced an on-campus textbook rental program called Powered by Chegg®, which allows students on select campuses to rent textbooks directly from their college bookstore.

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"These are difficult economic times and anything we can do to make it easier for students to get the books they need and for less, is a good thing," said Dan Rosensweig, President and CEO of Chegg.com. "Now students can get them at the bookstore, off their mobile device or their laptop."

Consumer Mobile Experience

Chegg's app provides the same ease and convenience of searching for and renting textbooks from Chegg.com but on an iPhone, iPod Touch or iPad. Available through Apple's App store, the free app allows students to:

  • Easily search for textbooks by title, author or ISBN, or by simply scanning the barcode.
  • Instantly compare Chegg's rental price to retail and in-store prices.
  • Rent textbooks directly from an iPhone, iPod Touch or iPad.
  • Extend or purchase their rentals.
  • Track the shipping status of books in transit.
  • Find the nearest UPS locations to make returning their rental quick and easy.

Download Chegg's app and enter the coupon code MOBILE by August 31, 2010 to get 10 percent off your rental!

For additional information on Chegg Mobile, visit www.chegg.com/mobile.

On-Campus Rental Program

Launched on colleges including the University of Arizona, CSU Chico, CSU Fresno, Fullerton College, CSU Long Beach, CSU San Marcos, University of Nevada-Reno and Villanova University, the Powered by Chegg® pilot program brings Chegg's online textbook rental experience to the bookstore. Through the rental stand, students can rent textbooks at Chegg's low rental prices and have them shipped directly to the bookstore or a preferred location. When the term is up, students can simply return their textbooks to the bookstore or any UPS location.

Powered by Chegg® provides numerous benefits to bookstores as well, including access to Chegg's inventory of millions of textbooks, and some of the most competitive commissions and rental solutions in the market. The program offers an easy-to-use merchant management system to view and track order summaries, earning reports, incoming and outgoing packages, customer information, and much more.

In an initial test in January 2010, Chegg partnered with California State University, Fresno to provide students with textbook rentals through its full-service rental stand. With three rental stands placed in high trafficked areas, the bookstore experienced 600 percent growth in customers compared with its August 2009 buying season.

"We knew that we had to offer a rental model and after a few attempts at trying to do it on our own, we realized that Chegg was the expert and we didn't need to reinvent the wheel," said Ron Durham, Kennel Bookstore Director at Fresno State. "We are extremely pleased with our bookstore's growth, and the response from students has been fantastic."

For additional information on the Powered by Chegg program, visit www.chegg.com/bookstores.

About Chegg.com

Founded in July 2007, Chegg.com is the number one online textbook rental company that has saved students on more than 6,400 campuses nationwide in excess of $230 million. Chegg.com offers students access to a growing catalog of more than 4.2 million titles, a variety of shipping options and free returns. As a part of the company's on-going environmental efforts, they plant a tree every time a student rents from Chegg.com through a partnership with American Forests' Global ReLeaf program. The company has grown into a respected and trusted brand used by college students and was recently named to the Wall Street Journal's Next Big Thing: Top 50 Venture-Backed Companies. For more information, visit www.chegg.com.

SOURCE Chegg.com



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