Since the Indian markets have gotten so used to the concept of e-commerce shopping, it is only fair to sell second hand books online. Although popular second hand book markets like College Street in Kolkata or Daryaganj in Delhi hold a special place in the hearts of the people, the challenges faced during looking for the books you want to read. To combat the problem of spending hours in the unorganised and chaotic markets looking for a particular book, three friends, Bhavesh Sharma, Prateek Maheshwari, and Alok Sharma, who were students of Jaypee Institute of Information and technology, came up with the perfect answer.
The solution they came up with after intense discussions on the topic was to start a website which would provide second hand books at affordable rates and this is how Bookchor.com was born in October, 2015. This Delhi-based start-up is available on iOS, Android and web and gives the users an opportunity to list their books and sell them directly to people who are interested in buying them. Keeping the underprivileged children in mind, this start-up also allows the users to donate the books to Shubh Foundation which is the start-up’s NGO partner.
The ever growing popularity of Bookchor
Since this website has simplified the problems of so many book lovers, it is only natural that the idea is very popular. It has managed to garner over 50,000 users in a short span of almost a year. Every month, this website manages to sell almost 5,000 books and the delivery is done with the help of FedEx and India Post. The buyers can avail cash on delivery or choose to pay through card online.
The company and the profits
“Including the salaries and capital expenses, BookChor is operationally profitable with a margin of 25 percent on each order,” says Alok.
Currently, Bookchor has 13 employees who are all based out of Delhi. The inventory of the website consists of over 2 lakh books and focuses on selling books in the fiction and non-fiction category. The founders are also planning to add textbooks and regional books to increase the customer base.
To know more, log on to http://www.bookchor.com/
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