United Kingdom
Think of LoveFilm.com. Now think of a textbook equivalent. Congratulations, you've just thought about Bundlebooks!
Info
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It can be tempting to give as much detail as possible to sell your idea but sometimes too many words can be overwhelming. Win people over by making your idea easy to understand.
Tell us a bit more about your idea.
Bundlebooks is the online equivalent of all educational needs in one. A user simply has to input the course that they are doing and up will come a list textbooks, recommended books to read, and stationery which they need for that particular course all in the package of the bundle saving you time. What’s more, all of this will be delivered at a cost cutting price which saves money for students. Bundlebooks also acts as a platform for buying and selling individual textbooks to students. Got any used textbooks you don't need any more? Log on to Bundlebooks and get them sold. Need a book but don’t want to pay an extortionate price in the shops, log on to Bundlebooks and grab it for a third of the cost!
How will your idea make a difference to people’s lives?
Firstly and most importantly is the time and money that we save students -something which will have taken days to do ( in terms of finding the right books and equipment) and will cost more because of retail prices, will have been taken care by the Bundlebooks team. The last but not the least important benefit is that of convenience. Imagine this; at the start of a new school year from the comfort of your house, you simply log on to your Bundlebooks account , type in your course and up comes a package of books which have been thoroughly and extensively researched to meet our consumers’ needs
How long would it take to make your idea a reality?
Realistically, it should not be more than 10 weeks,. We have been adding various features to the Bundlebooks plan in order to make the user experience much more pleasant and intuitive. Once the financing has been provided, the only things needed to be done will be the creating of the website and marketing which we estimate to be at the very most around 10 weeks to achieve its maximum effect
Do you have any concerns with making your idea happen?
The obvious problem here is financing. Bundlebooks will need money to buy the books and other equipment wholesale so that we can offer our customers the cheap prices we intend to . There is also the issue of marketing , a business such as Bundlebooks is quite unconventional in the UK web market and so it will need to have a considerable marketing campaign. Apart from this, everything has been dealt with when planning Bundlebooks and our market research has been very positive
Why do you think you’re the right person to make this idea a success?
Our business is built upon determination and a team of bright and innovate individuals, indeed the name of team RexInnovations suggests at our creativity. We understand the problems that Bundlebooks intends to solve and have a wealth of experience in terms of running a business, as we have ran dry cleaning and tutoring services as well as hosting and managing events within and outside school
Budget
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Make a list of all the different things you’ll need to pay for to make your idea happen.
Expenditure
Marketing-search engine optimisation, public relations, and online forms of advertising such as pay per click, and email advertising.
£2,000
Miscellany
£700
Packaging, postage and delivery
£1,000
Website design and development ( fully fledged eCommerce website)
£1,300
Wholesale purchasing of books and stationery.
£4,000
Budget Total
£9,000
Oh no! You're planning to spend a bit too much on this idea. Better give this a rethink.
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Why not make a short video about your idea on your phone? Upload it to Youtube then paste the embed code in the space provided on the left. Don't worry if you can’t see your video straightaway – all videos have to be moderated before they appear on your page. Any inappropriate content will not be approved.