i live in indonesia, and i would love to have advices from you guys.
i`m about to build a book rental business here.
why book rental?
in indonesia, libraries are dead and bookstores selling book at premium price, which most of us were reluctant to spend money on books.
i think i`ve seen a window of opportunity here, and i think that book rental can be the answer.
you don`t have to spend a lot of money to read books, and you don`t have to go to anywhere. just call/email us, and we`ll send the books.
the business model would be similar with booksfree.com, subscription-based revenue model, with postal-delivery changed to door-to-door delivery, so we can build relationship with our customers, besides we often lost a delivery using indonesian postal service, and regular domestic delivery service here were expensive.
i`m also thinking about that huge startup capital needed to buy books and to fill out our inventories, then i found a solution that i think may work.
what if you have neglected books stacking on some corner of your room, and you don`t know what to do about it?
just send it to us, and we`ll rent your books. thus if someone rent your books, you`ll have a share of the profit taken.
this will grow someday to all types of medias and stuffs rentable.
one thing i can`t figured out: what if stuffs you rented broken?
how to cope with this?
how about it guys?
can you tell me will it works?
thank you for your advice.