Book Cycle
LEVEL 3 - No risk site-incorporation

*Remark: This is the system we recommended, as it easy for students, a commission is possible and there is no financial risk involved!

No risk site-incorporation

Collecting the books happens one semester prior to selling. Students can hand in books during a certain period of time. The Cudi’s then check/fitler the books. All the bad books are refused.

Once collected, the second hand books are integrated in the first hand system, with for each second hand book an owner. Students buying books then have a “checkbox”-option on the website “to buy second hand books, if any available”. If a book is bought, the money is transferred to the owner.

Long hand-in period

More communication opportunities

No hassle for students

Commission is possible

Storage required

A lot of work

No price flexibility

Software required

Filter required

Ease for students
100%
Work for Cudi
100%
Communication
100%
Second hand
60%


Important factors applied

We discuss each factor applied to this system.

Hand-in period

Again, this is determined by the Cudis, but as you do it during the semester, you have more possibilities. You can for example make a letter box where students can drop their books, or let students hand in the books during a period of several days in a room. In short, there are more and better opportunities.

Ease of buying

As easy and efficient as the first hand system. Because the system is completely integrated in the first hand system, there is no difference in effort for a student to get its books compared to the first hand system.

Communication

Communication is key in convincing the students to hand-in their books. Ideally, you do a sort of campaign where you try to convince students using different channels. You can use social media, banners, mails, promo-video’s, ask professors to persuade students, etc. All of these would work less effectively if you do it the first week of the semester.

Price flexibility

The Cudi determines a fixed price for each book, meaning students cannot negotiate between themselves about a price. This is inconvenient, because it means that a book in a good shape will have the same price as one in a bad shape.

Filtering required

The Cudi will have to filter the books. If a student wants to sell his/her books to the Cudi, but it is in such a bad state, then they will have to reject. This is good for the students, as only decent books are used in the system. The bad part is that it requires extra work from the Cudi.

Storage

Storage is required. The exact size of the storage room depends on the amount of books collected.

Transactions

This system requires software to track the owners and the amount he/she is owed. This can be done using our Spreadsheet or by incorportating such software in your website.

Commission

The Cudi can charge a commission to compensate for expenses.

Financial risk

The Cudi does not buy any books from the students, so no financial risks involved.




Contact Us

Mail: bookcycle@eventusleuven.be

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