Valore Launches Program Designed for Bookstores to Acquire Dramatically More Used Textbook Inventory Online

BOSTON, Feb. 23, 2015 /PRNewswire/ -- Valore, a collection of online education brands, today launched ValoreBooks Source, a program designed to enable college bookstores to dramatically expand their access to used textbook inventory. Unique to the industry, this program offers bookstores the ability to participate as a buyer in the ValoreBooks marketplace, which allows them to acquire inventory from millions of sources, at competitive prices, all from one easy-to-navigate interface. ValoreBooks Source will be available in spring 2015 and stores can sign-up today at www.valorebooks.com/source-beta.

With ValoreBooks Source, college bookstores are able to tap into three sources of used textbook inventory. The first and largest source is ValoreBooks' national textbook buyback program, where each year over 10 million students visit ValoreBooks.com to receive an instant quote for their used textbooks. The second is ValoreBooks Liquidate, a program launched in 2014 that allows college bookstores and online merchants to liquidate unsold textbook inventory in a single transaction. The final source is ValoreBooks Sell, where tens of thousands of sellers list their inventory for sale in the ValoreBooks marketplace.

ValoreBooks Source will provide college bookstores with an easy-to-navigate interface that will allow them to effortlessly source books off their want list from each of these sources of inventory, and receive consolidated invoices and shipments. Valore estimates that they will source over 1.9 million books in 2015 for college bookstores and other enterprise-level buyers.

"We know that textbooks are one of the biggest expenses for college students. By providing college stores with greater access to affordable, used textbook inventory, we are improving the economics of the entire textbook value chain, and putting more money back in the students' wallets," said Kevin Walker, CEO, Valore. "With ValoreBooks Source, we offer college stores access to previously untapped sources of volume, the ability to buy directly from millions of students, and a consolidated invoicing and distribution process that is unlike any other in the industry."

"Getting into the marketplace was easy," said Russell Weldon, Assistant Director of Auburn University bookstore, one of the pilot stores for ValoreBooks Source this winter. "Sourcing books from individual students is a market I'm not hitting anywhere else, and that's key for building business."

ValoreBooks Source is being rolled out as part of ValoreBooks Merchant Solutions, a suite of programs designed for bookstores and online merchants to buy and sell textbook inventory online. ValoreBooks Liquidate and ValoreBooks Sell are currently available as part of ValoreBooks Merchant Solutions.

The ValoreBooks Merchant Solutions comprehensive suite of programs offers:

• ValoreBooks Liquidate:
  Enables for high volume textbook inventory sales completed in one transaction.
• ValoreBooks Sell:
  Enables one-off sales of used and new textbooks in the marketplace.
• ValoreBooks Source:
  Gives bookstores access to millions of used textbooks by becoming a buyer in the marketplace.

To learn more about ValoreBooks Source, please visit Valore at CAMEX in Atlanta, GA, February 23-25, 2015 or visit www.valorebooks.com/source.

About Valore
Valore was founded in 2006 when the company launched its first product, SimpleTuition, a leading online student loan comparison engine that has helped more than 10 million families pay less for their education. Since then, the company has launched products including SmarterBucks, a rewards program that helps pay down any student loan and PayBackSmarter, a student loan repayment tool, making it easier for people nationwide to get debt-free faster and for less.

In 2012, to address the high cost of textbooks, SimpleTuition acquired ValoreBooks — an online marketplace that saves students up to 90% on the cost of rentals as well as new and used textbooks. The acquisition of ValoreBooks expanded the company's suite of savings-focused products to help students and their families plan for the cost of college, save on expenses while in school, and manage and pay down their student debt.

Media Contact:
Kim Pegnato
KW Communications
[email protected] 
781-620-0016

SOURCE Valore

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