Revenue Drivers
Revenue driver
in my business concept is the service of selling/renting out someone else’s
books and providing used books at a cheaper price to students. Another revenue
driver are the ads showed in our website once the website generates a decent
amount of hits.
What’s the next
thing customers want?
This is a very
good question. I believe the next thing they would want is to able to probably
buy notes that they currently buy from Target or SmokinNotes etc. so that they
can get every material they need in one place in one package. Another could be
integrating syllabi and other information about the class in our website.
How does “next”
thing enhance your existing product/service?
The very idea
of my business concept is to create an integrated platform of book sharing to
cut time and cost and provide extra convenience for the customer. The way in
which adding the things I listed above would enhance the existing products is
by expanding on that convenience and cutting even more time in getting class
materials.
My product is
in fact a service that Amazon does provide but I believe at a higher cost and
less conveniently for students. The changes my business concept provide is that
these books never leave Gainesville, no online listing needed from customers
part and easier search for book seeking customers.
Hey Lirim!
ReplyDeleteWell done on this post. I think the notes as your "next" could be well profitable, but does this conflict with University policies? I know that Professor Pryor in particular hates Smokin Notes, as they allow lazier students to still pass through the classes. I don't really hold a preference, as I am a student and care more about passing. Lol
I also see that you don't want a website or online listings for this book sharing business, but I'm curious as to how you plan to advertise the books otherwise? Do you plan on having a store or location for this or a posterboad on campus for students to view the books being offered? How/or will you make a profit?
Great job as always! Keep it up!
- Angela
Lirim,
ReplyDeleteI love your product idea and would definitely use it myself, but I wonder the same thing as the person above me, will it be in conflict with UF policy? I think you should maybe rethink not having it available online because now that is more convenient for people. I reviewed a speaker for my blogpost. http://katieaustintx.blogspot.com/2016/03/amazon-whisperer.html
Hey Lirim! I think you have done a good job! I like your idea and as a student I would definitely try your product! Perhaps it would be even better if you can sell digital books and use more online platform to operate your business. But after all good effort! Keep it up! If you are interested, please see my blog :
ReplyDeletehttp://wtl328.blogspot.com/2016/03/amazon-whisperer.html