College students will no doubt be familiar with Chegg Inc. (NYSE: CHGG). The company's Chegg.com textbook-rental site saves students significant money versus purchasing books outright. In 2015, Chegg decided to alter its business model in favor of more lucrative long-term opportunities.
Below, our Motley Fool Industry Focus: Consumer podcast hosts discuss the changes and their impact on Chegg's business.
A full transcript follows the video.
Source: Fool.com