Book Cycle
LEVEL 4 - Online book store

In our opinion, for this system to work, it needs to collaborate with Cudis to collect and sell its books, which is the Level 4 of Campus Involved Systems. So, we explain this system, but we think it is hard to make it profitable without any campus being involved.

Online book store

The website buys books from the students and stores them somewhere. The books are offered online. If the books are purchased, the organisation sends them using a mail service, like Bpost. The organisation charges a commission to compensate for the losses and expenses of the website.

This system is similar to the CIS Level 4, with the difference that there is no Cudi involved in collecting or selling books. Not having the Cudi as an intermediary will significantly reduce the accessibility for students to resell and buy their books second hand. Mainly the part of collecting and filtering is hard without Cudi or any other physical place the students are familiar with.

Students get their money straight away

More books available

Commission is possible

Financial risk

Storage required

No price flexibility

Expensive E-commerce website

Ease for students
50%
Work for Cudi
60%
Communication
25%
Second hand
30%


Important factors applied

We discuss each factor applied to this system.

Hand-in period

This depends on the organisation hosting the website. The optimal way would be all year long, meaning the organisation buys books of the students whenever someone offers their books. The organisation could also opt for a week or several weeks of handing-in period. As this would mean less work for them.

Ease of buying

For the buyers, this level is rather easy. Students can look up the availability of a book on the online store, and order it. The hard part is collecting enough books so that the availability is large enough. If too few books are available, the willingness of students to use this online store will decrease.

Communication

Very easy to advertise this type of selling and buying the books, as the system is pretty straight forward for sellers and buyers.

Price flexibility

The organisation determines a fixed price for each book, meaning that students cannot negotiate between themselves about the 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.
A solution to this could be to set different price-levels for one type of book. For example, bad, decent and good state, for €20, €35 and €50 euro respectively.

Filtering required

The organisation will have to filter the books. If a student wants to sell his/her books to the organisation, but it is in such a bad state, then they will have to refuse. 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 organisation.

Storage

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

Transactions

This system requires automated transactions to sellers and from buyers. Implementing such systems in your website is expensive.

Commission

The organisation hosting the website can charge a commission to compensate for losses and expenses.

Financial risk

At this level, there is a high financial risk for the website host. It is not guaranteed that every book, bought from students, will be resold.




Contact Us

Mail: bookcycle@eventusleuven.be

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