This document proposes a solution called "Helpmesell" to address the problem of college students' difficulty accessing affordable second-hand books. The proposed solution is a website that allows students to buy, sell, and exchange used books. It aims to build a library of second-hand books that can be borrowed and later sold on the site. The idea is to launch initially on one college campus and later expand to other schools, providing convenient delivery and cheaper prices than competitors like Amazon or local bookstores.
This document proposes a solution called "Helpmesell" to address the problem of college students' difficulty accessing affordable second-hand books. The proposed solution is a website that allows students to buy, sell, and exchange used books. It aims to build a library of second-hand books that can be borrowed and later sold on the site. The idea is to launch initially on one college campus and later expand to other schools, providing convenient delivery and cheaper prices than competitors like Amazon or local bookstores.
This document proposes a solution called "Helpmesell" to address the problem of college students' difficulty accessing affordable second-hand books. The proposed solution is a website that allows students to buy, sell, and exchange used books. It aims to build a library of second-hand books that can be borrowed and later sold on the site. The idea is to launch initially on one college campus and later expand to other schools, providing convenient delivery and cheaper prices than competitors like Amazon or local bookstores.
• Estimated at over $2 billion, the books industry in
India is growing at about 20%. Of the total industry, more than 10% makes for second hand books, estimates suggest. Buying of second hand books have become popular among college students nowadays. From the past many years, even though there are some book stores which sell second hand books, they have not able to reach all those students who want to buy these books.
SJEC and Eagle10 Ventures Confidential 9/26/18
Eagle10 Ventures Target Segment
• College students- Pursuing their Undergraduate or
Postgraduate studies.
SJEC and Eagle10 Ventures Confidential 9/26/18
Eagle10 Ventures Proposed Solution • If second- hand books can be bought, read and sold, so that they can be easily accessible at a cheaper price to all the students in need, then this would help students save a huge part of their expense spent on books. •Furthermore, the internal campus delivery service makes it convenient for the consumer to buy and sell books on our website. •References:https://www.thisisinsider.com/the-best-way-to-sell-your -books-online-2016-12 •https://www.uni-due.de/ub/en/ecald.shtml
SJEC and Eagle10 Ventures Confidential 9/26/18
Eagle10 Ventures Competition? •Online websites like Amazon, Bookchor, Olx •Local bookstores, book markets. •What makes us different: Our personal service and the convenient experience that we provide to our customers. The option to sell all types of study materials. • Reference material: https://highonstartup.com/identifying-competitors-startup/ • https://www.thespruce.com/how-to-sell-used-books-for-the-most-c ash-1388970
SJEC and Eagle10 Ventures Confidential 9/26/18
Eagle10 Ventures Feasibility of Implementation •The idea is to create a library of these second-hand books which can be borrowed and then sold after a specified period of time, in the same website. •Sell at 50- 60% of the book’s M.R.P price, buy at 60% of the book’s M.R.P •The buy-read-sell experience ensures that the book pickup and delivery process is personally done by us. •Initially, we plan on launching this idea in our SJEC college campus, and later on slowly into other colleges and schools around the region. SJEC and Eagle10 Ventures Confidential 9/26/18 Eagle10 Ventures
How to make it big:
•Doorstep delivery: Tie-up with courier services will also be a benefit. •Coupons, vouchers, offers on first buy. •Special cards which may include drawings, quotes or jokes on buying second-hand books. •Advertisements/ marketing