stephen carr colin walsh julian brooks ryan murphy noam ben-avi
TRANSCRIPT
Stephen CarrColin WalshJulian BrooksRyan MurphyNoam Ben-Avi
BOOKSTORE ONLINE VENDORS
Extremely time efficient & reliable
Awful pricing Buying from Selling to
Amazon, Chegg, etc Very fair, competitive
price Time inefficient
Bookstore:- New: $142 - Used: $112- Buyback : $38 (Not
attractive to sell)Amazon :- New: $98- Used: $77Chegg - New: $130- Rent: $55SUPost (Cheapest price option)- Used: $53 (Less then renting
from chegg)
Bookstore:- New: $73 (for 1/3 of the
textbook) - Used: Not offeredAmazon :- New: $160- Used: $130Chegg - 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)
Bookstore:- New: $128 Amazon :- New: $100- Used: $88Chegg - New: $86- Rent: $35.4 (but need for
two quarters)SUPost (Cheapest price
option)- Used: $68 (Less then renting
from Chegg for two quarters)
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.
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.
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.