Explore GEN family of websites, social media experiences, blogs and more.

Unleashing ideas.
Strengthening startups.

Back to search results
    Date submitted
  • 07-Feb-2018

BOOKshelf EXCHANGE

Abstract

BOOKshelf EXCHANGE is a universally compatible innovation and an electronic blue-colored vending machine for books that allows people to rent a book a day for $1.79 at airports. BOOKshelf EXCHANGE will also allow people to buy books. BOOKshelf EXCHANGE enhances the reading culture, reduces the level of stress, and acts as the bearer of free entertainment, inner peace, and tranquility among people of all different socioeconomic classes. BOOKshelf EXCHANGE helps make a unique difference in the lives of people from around the world at a very cheap and affordable price. Additional services will also be offered like making people able to rent magazines and newspapers of the day as well and more.

Additional Questions

Who is your customer?

People of all different socioeconomic classes and cultures interested in buying and renting books and periodicals at the Dubai International Airport. Later, we would expand and do the product distribution to US, Europe, Australia, and China.

What problem does this idea/product solve or what market need does it serve?

This product solves 3 main problems: 1. People are not able to rent books or periodicals at the Dubai International Airport 2. Not all the periodical and book lovers are rich and able to pay a lot of money for buying a book or periodical with its extra $5.99 fee 3. People do not have the option of choosing over a variety of books and periodicals in many different languages.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

Its unique value proposition and the ways it solves the problems mentioned in the above section are what make the product unique and successful. Additionally, the product would solve hundreds of people's problems through its unique features and by itself.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

There is not a single product nor a bookstore at the Dubai International Airport that let people rent books and periodicals--not even at a heavy price. My product would let people rent books and periodicals at an affordable price. I would continue doing my research and then would talk to investors, entrepreneurs, and business leaders to invest in my innovative and unique product. Having a solid plan and a set of core values is also a competitive advantage my product has, which would make my product successful!