Create the greatest impact with least effort- Swapbook

Published on June 24, 2014 um 11:24

Summary of your idea

Swapbook tackles the issue of wastage of used books. In India, more than 2 million books are thrown away and we look at this as wastage of knowledge.Considering the fact that in India each year countless students drop out of school because of their inability to pay for school books. We have created a model which allows customers to give their books and buy books for almost free. In the process, the books which cannot be sold but are readable shall be donated to the needy and the customer who gave the books shall be informed of how his/her books are being given away. We conducted a survey where we found that people generally keep the books in their shelves after reading and after some time sell it to the junk dealer. Swapbook does not alone help the poor who cannot afford books but also targets a huge unorganized sector. For example, sellers sell used books that they bought at per kg basis on the footpaths at price they get/feel comfortable. We also plan to create many jobs and help create an environment for reading and learning. Even in the age of the kindle real books are still in huge demand, re utilizing these books to allow the spread of knowledge becomes excessively important, printing a single book is roughly equal to cutting one full grown tree, the math is simple 2 million trees can be conserved each year if we take this idea further.

Expected impact of your idea on sustainable development

We first plan to target the secondary education as every year, students from every grade need their course material. The consideration of brand new books and appearance in this case is very less compared to novels and other books which will allow us to significantly help the underprivileged middle and high schoolers. We then plan to expand to novels and notebooks which can be recycled and resold. We have a vision that Swapook will be a platform for people to make the greatest impact with minimal effort. Although many would argue that the world is becoming digital but it is fact that many people around the world do not have access to such resources and need to be educated to alleviate themselves.

Plans for implementation and sustainability

The business model of the company is as follows: 1. The customer selects the books he/she wants to give/sell 2. The pickup man comes and collects the books for a nominal fee 3. The books are taken to the sorting facility where they are sorted as resell-able, donate-able and recyclable. 4. The customer will receive a notification on their books have been classified and being reused. 5. The customer gets relevant points for the books which he/she can use to buy used books from the swapbook website. The books listed on the website shall be certified of quality The sorting shall be done by people hired from the unorganised sector who have the experience but not the resources. As of now, we have come up with two revenue models: 1. Monthly subscription to the website 2. A fee for each trade made We plan to collaborate with government schools across the country and ask help from relevant NGO's who can help us with our social goals.

Your profile

Founders: Raghav Aggarwal Age-17 I am a high school senior at ITL Public School, Dwarka, India. I have always loved the idea of enrepreneurship and in my free time, i spend surfing the net for companies which are changing the world to get some inspiration. Hriday Sharma Age: 18 I graduated this year from the same high school and was the Head Boy of my school. I have always been passionate about doings things differently. We believe that our ability to think differently and taking risk has so far and will help us succeed with our idea. We have travelled to remote areas of the city together and talked to sellers from streets to publishers in their offices and we have and will continue to push forward ourselves to achieve our vision for a educated nation and an educated world.

Stage of Idea

planning stage

Your idea has a positive impact on

environment, education, sustainable trade

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