Notesginie.com is an idea created by me which provides a platform for students and teachers to share knowledge and study notes and materials across the globe with in students and teachers community. It's an online collaborating platform where selling students can upload material and buying students can buy them instantly using paypal account.
EXECUTIVE SUMMARY
During this pandemic - entire education system is online and virtual classes have been enabled which has brought all study materials to be online.
This platform provides an opportunity for studying community to share notes and study materials. Not only this, it will help them to earn quick money or pocket money.
How does the business generate revenue?
Students upload notes to the website for other students to download for a fee. Notesginie received 30% of the commission and the student that uploaded the content receives 70%. This margin split can easily be changed to fit your desired business model.
What is required to keep the business operational?
No maintenance needed and can be run while sitting at home. All the buying and selling is done by students using digital platform.
The site has been fully developed with students already started making footprint and uploading notes and downloading them around the globe. Almost 5-10 daily signups regularly and with attractive user experience students are tempted to upload and download notes. Buyer only needs to focus on any desired custom content for the site as well as marketing and promote and ensure students are aware of the site. Social media accounts have been created (Instagram and Twitter, but no marketing or advertising has been performed.)
Features
Seller:
• Students and teachers will be able to upload notes/ assignments/ articles and map them with right category of classes and subject
• They can set a price of content or set them as free if new and want to establish goodwill.
• Maximum size of uploading is 40 MB
Buyer:
• Students can search for notes they want to you. First 2 pages are visible as preview. Search filters integrated with multiple criteria of pricing and other categories.
• Checkout process integrated with paypal which is a worldwide used payment gateway.
Admin
• Has access to all administrative rights like, maintaining of category, approving or rejecting the notes, view the total earning, suspending a users and various other admin level work
What is included in sale?
• Full front end and backend cod/ scripts
• Domain name and everything required to maintain the site.
• Code will be moved to the hosting of buyer of site and operational as-is
• social media accounts which includes twitter and instagram handled @notesginie
• All the content so far uploaded by the users and users stored in the database.
Financials
This is a starter site which is created recently. Adsense approved around 10 days back and added on site. With adequate marketing and word spread this has a lot of potential to generate good earnings. Not even a single penny has to be spent on site maintenance as it is fully functional and working.
Technology Stack
• Php and MySQL language. Entire platform developed using custom code and no out of the box product used.
• Hosted on Hostgator hosting solution.
• PDFJS API is used to show notes in display area.
How can the future owner improve the business?
Simply market the business to students, create a chat community to make this a more collaborative crowd-source service, expand the business model into other services (i.e. tutoring, webinars, etc.). I tried to also emphasize the need for professional development (i.e. certification study guides) so that this goes beyond the target market of traditional students.