Last month I was interviewed for a small video feature that covered 3 booming economies India, Brazil and China. Here’s the link to the video feature.
Last few weeks/months have been good for Dial-a-Book especially as far as the press mentions are concerned. While January saw coverage from Inc India (Dial-a-Book to be chronicled by Inc India), February saw the coverage in Yourstory.in (My Interview with YourStory.in) and Rediff
and this month its First City Magazine that carried a story on us
It’s a great story but apparently they don’t have it online so you’ll have to grab a copy of March issue of First City to read 🙂
It’s been a long time since I scribbled something here but hopefully things will be better in the coming few days.
Anyways, here’s an excerpt from my email interview with YourStory.in, hope you like it
When was the last time you went to the neighbourhood book store? The chances are, you can’t recollect readily. Gone are the days when buying books involved a visit to the trusty book store round the corner. Online book stores, with a practically unlimited collection and simple search mechanisms, have sprouted by the dozen and the good bit is, all of them are seeing patronage. We at YourStory recently caught up with entrepreneur Mayank Dhingra, the co-founder of Dial-a-Book, who promises to make book buying even simpler. In this exclusive chat with YourStory, he speaks about his startup and how he intends to create a community of book-lovers.
If someone asked you to tell them about Dial-a-Book in about three sentences, what would you say?
Started with the aim of simplifying the process of buying books, Dial-a-Book is India’s first service that lets you order all kinds of books and novels over the phone. We offer free home delivery across India and accept payment by cash upon delivery.
How is Dial-a-Book different from other online bookstore models?
While online bookstores let you order books only on their site, Dial-a-Book allows you to order books over phone, SMS, email, and even Twitter or Facebook. You can even order the books that are not listed in our database but are otherwise available. We accept cash upon delivery and have our own delivery team for the Delhi/NCR region. And most importantly, we just don’t sell books. We are working towards building a community of avid book lovers.
How did the business idea for Dial-a-Book come about?
I have been an avid reader since my college days. I had always thought of doing something with books at some point of time. The advent of the online bookstore concept in India intrigued me and I spent some time observing various online bookstores, their way of working and other variables. I also used to observe how people shop for other things like medicines, groceries, food etc. It was during this time that I realized that the process of buying books can be further simplified and made more user-friendly, just like ordering burgers or pizzas. And hence, Dial-a-Book was born
Tell us about your background.
I did my Electronics & Communications engineering from Delhi College of Engineering (2005 batch). Towards the end of my college stint, I started toying with the idea of staring my own business. I joined Fidelity Investments as a campus recruit and worked there for one and a half years, building software for internal use.
From Fidelity, I joined Slideshare where I worked on various features of the website and some back-end technologies. In Slideshare, two friends of mine and I started an online platform called Kwippy. Kwippy started as a status message aggregator and got a lot of traction in both Indian and international online media.
After working at Slideshare for a year, I left the organization and joined MPower Mobile. I worked there for a year and quit to start something of my own. That’s when Dial-a-Book happened.
Let us know about the tie-ups that you have. Is there acceptance for your concept?
We’ve tied up with most local distributors based out of Delhi along with a few small to medium-sized publishers and we regularly procure books from them. We did a trial run before starting the service and based on the feedback, we decided to venture into the business. We’ve sold books in almost all of the 27 cities where we have Cash on Delivery (COD) and a few other places as well. A lot of our customers regularly buy their books from us and many of them recommend us to their friends and family.
Where do you see online book buying and Dial-a-Book five years from now?
Five years from now, a significant percentage of books sold in India will be sold online and over the phone. In five years, we see ourselves as the number one player in the ‘over the phone’ category and amongst the top 5 in the online space. Currently, there are a number of guys vying for a piece of the pie(online). But my view is that the next few years will see a lot of consolidation in this space and the market will have just a handful of players who will do a majority of the business.
In the next five years, Dial-a-Book will tie-up with more publishers, expand to other cities, explore other/faster modes of delivery, work more closely with authors and build a passionate community of book lovers. We have a lot of interesting ideas for the business which we’ll put to test soon.
This is an excerpt, you can read the complete story here: http://bit.ly/i1wdfV
I am happy to share with the readers of this blog that my start-up “Dial-a-Book” was recently profiled by Indian Edition of the Awesome Inc magazine of the US. To make things more cool they’ve added us to their feature ‘Start-up Diaries’ in which they track various start-ups over a period of time to see how they are performing. Guess, now we have another reason to perform better 🙂
I love Inc.com and try to follow it as much as I can and it’s great to get recognition from them. The story shares my and Tarang(my younger brother and partner in Dial-a-Book)’s educational and professional background and how we started Dial-a-Book. It also looks into our business model, our operations, values and future plans.
I suggest you grab a copy of Jan edition of Inc India and give it a read.
PS: You can also call us at 9650-457-457 if you want to get a copy of Inc India home delivered(free home delivery)