"Maximizing Textbook Savings: A Guide to Smart Buying and Selling"
Discover how to save on textbooks with our comprehensive guide to online vendors like Amazon and Chegg, while also exploring the benefits of student-to-student selling. We analyze pricing across various platforms to find the most competitive offers for your required textbooks. Learn about efficient buying, the unattractiveness of buyback options, and how to utilize social media integrations for a seamless selling experience. Our approach is designed to ensure you get the lowest prices while improving accessibility for students everywhere.
"Maximizing Textbook Savings: A Guide to Smart Buying and Selling"
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Presentation Transcript
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
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)
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)
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)
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.
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.
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.
