Business Idea: Online Bookshop

Why I selected Online Bookshop as a business idea:

The online bookstore has gained much popularity with consumers in recent years. Online
bookstores offer the savvy shopper a host of benefits, from customer convenience and access
to a greater variety of books to significant cost savings. Here are some of the greatest
advantages of shopping at an online bookstore.
1. Cost savings:
The average online bookstore offers the consumer huge savings over traditional brick and
mortar stores. They are able to pass on these savings for a variety of reasons. Rental costs for
online stores tend to be cheaper, as they operate out of warehouses rather than in prime retail
space. Some stores also contract directly with suppliers, forwarding customer orders directly,
which eliminates inventory costs as well.

2. Convenience:
As with all Internet shopping, online bookstores offer great convenience to the consumer. Not
only do they cut out travel time, but with the help of the store’s search engine, finding exactly
what they’re looking for has never been easier. Another advantage is that they’re not
constrained by the store’s hours; instead, anyone can shop 24/7, whenever they find the time.

3. Greater variety:
Physical bookstores are typically limited on what they’re able to stock in terms of space and
budget; on the contrary, an online bookstore is restricted by neither. Online bookstores tend to
work with multiple suppliers, which allows them to offer a wider variety of books than a
traditional retail store without accruing a large, costly inventory.

4. Global availability:
With the rise of Internet shopping, it is much easier to access products from around the world,
and books are no exception. The online bookstore makes it possible to get our hands on books
not published in Bangladesh, as well as different foreign language titles.

5. Recommendations and customer feedback:

One of the greatest benefits of an online bookstore is the access these venues allow to reader
recommendations and customer feedback. Many sites allow customers to rate their books and
provide information as to why or why not they would recommend the product to fellow readers.
This can give the book shopper wonderful insight as to whether or not a particular title right
for them.

6. Access to e-books:
With the rising popularity of portable devices onto which you can download, store, and read
electronic versions of books, e-books have been increasingly in demand. At this time, physical
bookstores have no way of selling electronic versions of books. But this type of product is a
natural fit for an online bookstore, providing with instant and inexpensive access to a variety
of reading materials.

Objectives:
1. To build up a user-friendly website along with a facebook page.
2. To collect the necessary high demanding books.
3. To be able to quick response.
4. To be able to outsource in case of necessary.
5. To send the books to the customers in a short time.

Purpose of this business:

1. To enlighten people by spreading books to every corner of Bangladesh.
2. Making easy to buy any books with a reasonable price.
3. To help book lovers by giving the reviews of individual books.
4. To help the poor, it will be a medium of “used books buying and selling”.
5. To make a database of e-book so that readers can easily access thousands of books
without breaking the copyright law.
6. Building up a community which will talk about books and knowledge.