1 / 8

The Book Barter

The Book Barter. Stephen Carr Colin Walsh Julian Brooks Ryan Murphy Noam Ben-Avi. The Textbook Dilemma. BOOKSTORE. ONLINE VENDORS. Extremely time efficient & reliable Awful pricing Buying from Selling to. Amazon, Chegg, etc Very fair, competitive price Time inefficient.

akeem-hardy
Download Presentation

The Book Barter

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Book Barter Stephen Carr Colin Walsh Julian Brooks Ryan Murphy Noam Ben-Avi

  2. The Textbook Dilemma BOOKSTORE ONLINE VENDORS • Extremely time efficient & reliable • Awful pricing • Buying from • Selling to • Amazon, Chegg, etc • Very fair, competitive price • Time inefficient

  3. E145 Text Book Bookstore: • New: $142 • Used: $112 • Buyback : $38 (Not attractive to sell) Amazon : • New: $98 • Used: $77 Chegg • New: $130 • Rent: $55 SUPost (Cheapest price option) - Used: $53 (Less then renting from chegg)

  4. Knights Physics Bookstore: • New: $73 (for 1/3 of the textbook) • Used: Not offered Amazon : • New: $160 • Used: $130 Chegg • New: $240 • Rent: $76 (need to rent three times to complete the physics 40 series) SUPost (Cheapest price option) - Used: $75 (Less then renting from chegg)

  5. Chem 31 A/B Textbook Bookstore: • New: $128 Amazon : • New: $100 • Used: $88 Chegg • New: $86 • Rent: $35.4 (but need for two quarters) SUPost (Cheapest price option) - Used: $68 (Less then renting from Chegg for two quarters)

  6. Student to student textbook selling leads to cheapest prices Further considerations: • Buying used is the only way to acquire cheaper course readers • Selling you will get a better offer than the bookstore • No need to deal with shipping and you can physically check out the books condition before deciding to buy it.

  7. How are we better then SUPost? • Integration into facebook makes acquiring early adopters and crossing the chasm much easier. • Using facebook integration means access to friends lists, allowing users to buy and sell to people they would feel comfortable interacting with. • There will be listings to cheapest options from other online stores available for all texts, thus making sure that people post a cheap and fair price.

  8. How Will it Make Money? • No inventory => low initial costs • Referral Fees: From the postings to online textbook sites • Advertisement Fees: As with most websites, advertisement will be a great source of revenue. • The site is scalable to all universities.

More Related