Idea is to put LCD Smart display in book stores, Display would be of 21inch with average cost of 200$. This display come with Store app with internet connectivity for books viewing and transactions.This store app is exclusively designed for stores, fairs and conferences, not for costumers i,e B2B business to business
What is the core principle of your idea?
Core idea is to create a Digital touch point at brick n mortar space for digital stuffs.When one would enter store, he will encounter Display with fantastic app showing books he want and available in store.App would have many sections and genre in it. One can select genre say magazine, section sports,later soccer,now all sport magazine will be displayed. Displays in bookstores can attract costumers to explore it and purchase books,magazines
Can your idea be applied to different formats (in a bookstore, at a trade fair, at a conference)?
Yes,It can be used at trade and conferences with better and big displays say more than 32inchs. Idea is to give book experience, so one can scan entire ebook as we do with paper and page.
Would it be possible to turn your idea into a reality, or at least create a prototype of it, at short notice, i.e. by the Frankfurt Book Fair in October 2014?
Yes. If you want to install average 3 displays each in 10 major cities. your average cost is 6000$(3x10x200). fifteen 32'and 21' smart displays in Frankfurt will cost you around 3000$
What do you estimate the costs for the prototype or the final implementation of your idea to be?
Frankfurt fair will cost you3000$.With plan of expanding displays to major 10 cities bookstores is6000$,total=3000+6000=9000$ App Development and maintenance 2000$ per year,employees,server and maintenance will 50000$ TotalCost=2000+9000+50000=61000$ [Revenue:ask authors 15$ a month to put books on display. Supposing you get 500 books.Revenue=7500$ a month.Break Even point after you start to make profits=61000/7500=8.1. i.e. after 8 months Profit=30000$.Revenue from selling book not counted