App to access & print library books cross-borders EU, LEGALLY, leveraging private copying exception from copyright limitations
Current Status
MVP is ready
Market
Customer Segments.
1. People who buy books from abroad (eg. via Amazon) when they can't find them from local libraries. Especially rare books, out-of-print, vanishing from libraries
2. Visually Impaired People: only 1% out of 20% population can find books for VIP
Problem or Opportunity
Problems: eBook licensing kills Public Libraries
• Billions of books lost FREE access
- Physical books are vanishing from public access while digitized
- Unavailable locally, out of print, prohibitively expensive for readers
• Publishers & eBook platforms
do not enable legal, equitable, physical access to books
• Finns buy annually 20 M Books x 20 € = 400 M €
Solution (product or service)
Solution. Transforming books into DUAL / Hybrid
B2C service: legal remote access across EU states to rare books (Long Tail)
Free app: œBœks™
- multiplies eAccess to Knowledge, vs. legacy 'vanishing' (digitized) books
Freemium: printed BookOfOne, œBœk™ in One Copy – One User (per EU law*)
average legacy book price 20 € (+10 € logistics costs, eg. Amazon) = 30 €
DUALbook price 12 € (+3 € logistics costs, local postage) = 15 €
*Conform to EU MS with PLR laws = copyright exception, for private use ONLY
Competitors
Amazon and alike publishing & book vending digital platforms (OverDrive etc.)
Existing Alternatives:
- prohibitively expensive (for rare books) or not existing(out-of-print, orphan copyrighted books)
- double / up to 1000% more costly from Amazon and alike sellers from remote states. Eg. transport charge from Amazon UK to Finland starts from >8$
- for 1% of Visually Impaired People, who make 20% of EU Member State population
- illegal obtaining digital version via 'shadow libraries' (eBooks only), while our service provides also printed books (pBooks), that make 75% of book trade in EU
Advantages or differentiators
(Non-) Availability of books via legacy channels, like Amazon
Double costs (and more) of paper books; for digital twins we charge 1€/book vs. retail market average cost 10$.
We ensure book data flow without collecting personal data of book ordering readers, in contrast with Amazon and alike digital/publishing platforms.
Finance
SERVICEABLE OBTAINABLE MARKET, 10% of EU SAM
3,5 billion €, 175 M legacy books (á 20€ / book)
SOM sales = 2,1 B € (á 12€/œBœk), EU-wide
It is equal to 175 M œBœks™ , 350 M œJackets
TARGET REVENUE 2028
42 M € (3,5 M œBœks™ ) + Starting International growth (x 50) to SAM in 22 EU States, with PLR + CMO laws
Platform makes 1,2 € profit per book sale: selling DUAL dust jackets for 1,8 EUR, while buying a jacket (produced in our œBœk™ design) for 0,6 EUR
- per printed book (BookOfOne, a Hybrid book in one copy per user), with digital twin.
Channels: mobile app (app stores); via partners like data cooperatives
*logistics costs, incl. home delivery
Money will be spent on
1. App development for starting massive sales: salaries etc.*, up to 85000 EUR
2. Initial investment at least 10000 EUR needed for buying materials & manufacturing first batch of DUAL jackets in our design at our longstanding business partners (I was doing business - as the globally best 2 years in line - my reselling company - with the world leader in digital printing equipment manufacturer Hunkeler AG and others)
- * see our Cash Flow Plan for 2006-2008 http://bit.ly/oeBookCashFlowPlan
Offer for investor
Funding needed 85000 EUR in exchange for 5% equity; see our Cash Flow Plan
- our revenue 42 M € (3,5 M œBœks™ ) in 2028
Litigation, like against Internet Archive in USA: IA lost in court against Authors & Publishers
But EU law differs from US; it allows to copy books for private use, as fair dealing exception from copyright, in countries (eg. in 23 EU Member States, though laws differ slightly in each EU MS - our technology ensures users authentication, to conform to Finland-like copyright laws exceptions): with Public Lending Lending Right Law + CMO, paying fair remuneration to book authors.
Incubation/Acceleration programs accomplishment
No
Won the competition and other awards
Yes, many.
Eg.
1. Award from Nordic Smart Cities Hack, Helsingborg (2020). Our team's name was SAVA (acronym of 4 participants names)
https://si.se/en/nordic-smart-city-hack-these-are-the-winning-proposals/
2. Award from HELIOS Challenge (from VTT Finland and others)
https://helios-social.com/home/helios-challenge/
Invention/Patent
No patents; our design of a DUAL jacket of books enables halving costs of paper book, by streamlining book logistics
- by massive ordering a Book-of-One (printed in one unique copy, but less costly than average mass market books), to be delivered from a specialised printshop directly to the reader's home or postbox, anonymously, without collecting personal data of book ordering readers.