Bookup – hookups for books! www.bookupapp.com
Bookup is a location-based print book swapping app. The Bookup App is for readers of print books who want to swap their books for other books in their area and potentially make a new friend with a shared interest in reading.
2. 2
Print books are back...
In December, Nielsen BookScan
reported that 571 million print
books were sold in 2015, 17
million more than the year before.
http://www.latimes.com/books/la-ca-jc-book-trends-20160103-story.html
3. 3
Print books are back...
In 2019: print revenue will continue
to make up more than 70% of
global total books revenue. Global
total books print revenue will stand
at ~US$92bn. (PwC, 2015)
http://www.pwc.com/gx/en/industries/entertainment-
media/outlook/segment-insights/consumer-and-educational-book-
publishing.html
10. 10
“Book blogging” communities
Mainly print-focused, e.g., #bookstagram
Really like taking pictures of their book covers
Opportunity for monetization on these platforms, e.g.,
Amazon.com Associates (earn up to 8.5% of sales
revenue on referrals)
11. 11
Why location-based book swapping?
Mailing print books (e.g., PaperBackSwap) is time consuming
and less convenient than meeting for exchange
Expensive to always keep buying new print books
App available ~24/7
Eco-friendly: sharing print books is a “green” way of
consuming literature, akin to recycling
Could make a new friend w/ a shared interest in reading!
12. 12
Soaring textbook costs
US Public Interest Research
Group: the average American
college student spends around
$1,200 per year on books.
(BUT they still prefer print!)
http://www.washtenawvoice.com/2016/02/01/textbook-prices-rise-while-college-students-drop/
http://www.nbcnews.com/tech/tech-news/92-percent-students-prefer-paper-books-over-e-books-survey-n511371
14. 14
Revenue opportunities
In-App Purchases (IAP)
First five books added to library = free; ~$4.99 USD to add
five more books
Pay to send unlimited push notifications
Pay to access more app functionality (future versions)
Advertising
Potentially leverage ad networks e.g., iAd, AdMob, Tapjoy
Native ads (e.g., book publishers) as user base grows
15. 15
Competitors
Name Launched Differentiation
Booxup
(Paris, FR)
March 2015 Bookup will:
1) be more privacy protective
2) have IAP
3) be more targeted at English market
Novelinked
(Singapore)
December
2015
Bookup will:
1) not cluttered with distracting ads
2) have IAP
3) be more targeted at English market
Bookselves
(Berkeley, CA)
November
2015
Bookup will:
1) have more functionality (e.g., chat, scanner)
2) have IAP
3) extend beyond USA