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NextBook

NextBook. Cassius Miller Preston Dunlap Miguel Velazquez Jair Garrido. Cassius. 23 year old full-time student Business Major at UTD Comes from Single Parent household Has worked 3 jobs at a time Helps provide for Mom and little brother Uses Textbooks every semester. Cassius.

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NextBook

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  1. NextBook Cassius Miller Preston Dunlap Miguel Velazquez JairGarrido

  2. Cassius

  3. 23 year old full-time student • Business Major at UTD • Comes from Single Parent household • Has worked 3 jobs at a time • Helps provide for Mom and little brother • Uses Textbooks every semester Cassius

  4. Textbooks are expensive • The average student spends $650-1100 on textbooks every year • The average student takes 5 years to complete an undergraduate degree. • (5 years or school x average cost of books)= $3250-5500 on textbooks for college Text Books: Today

  5. Marketing book:$120-160 • Finance book: $150-220 • Real Estate: $65-100 • Operations Management: $190-240 • Statistics: $120-175 • Tax Accounting: $260-300 • International Business: $80-100 • Entrepreneurship: $120-216 Total Cost (used or new)= $1,105 to $1511 Textbook costs for buying used/new books past 12 months

  6. Marketing book:$80 • Finance book: $120 • Real Estate: $56 dollars • Operations Management: $140 • Statistics: $90 • Tax Accounting: $200 • International Business: $60 • Entrepreneurship: $102 Total Cost (rented)= $848 Textbook costs for used books past 12 months

  7. Solution?NextBook

  8. Provide students necessary textbooks at low cost • Eliminate the stress of getting unnecessary textbooks • Allow students unlimited textbook rentals throughout their college career Nextbook Overview

  9. Membership Start-Up Fee: $50 • One Semester Cost: $350 • One Year Cost: $ 600 • Two Year Commitment: $800 • Four+ Year Commitment: $1250 • Early Cancellation Fee: $100 flat rate • Payment Plan Fee: $50 flat rate How the Nextbook Membership works

  10. 1. Business Students at UTD (7000+) • 2. ALL of UTD (29000+) • 3. Students in college in Texas (over 1 million) • 4. America (over 20 million people start college annually) • 5. College Students around the globe (over 200 million) The Order of our Target Market

  11. Competitors

  12. Total Estimated Start-Up Costs: $164,000 Start-Up Financials

  13. Calculated start-up cost: $164,000* • We estimate that we will be able to pay back within 1 year. • If we get 164 students to commit to the $1,250 membership we have already surpassed breaking even*. College Textbook Total Market: 18 Billion UTD Total Market: $37,700,000 • Your investment of $164,000 earns an equity stake of 20%, and 25% of all fee’s. Your Investment is the Golden Ticket

  14. Membership Start-Up Fee: $50 • One Semester Cost: $350 • One Year Cost: $ 600 • Two Year Commitment: $800 • Four+ Year Commitment: $1250 • Early Cancellation Fee: $100 flat rate • Payment Plan Fee: $50 flat rate 25% of all fee’s also go to investors Recap of Fees and Membership cost

  15. Cassius: Business Administration, Founder, Motivational Speaker, Sales • Jair: Marketing Manager, CMO • Preston: Sales/Public Relations/CCO • Miguel: Production/Marketing Nextbook: Students who face the issue of expensive textbooks Benefit: There are new students joining UTD everyday, which gives us a reoccurring customer basis Skills Profile and Benefits

  16. Partner with UTD • Partner with Lupus Foundations to help find a cure. • Partner with charities to provide books to underprivileged children Partnership Goals

  17. Questions??

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