How can students read new books without having to buy them every time?

Once they built their website, they went from class to class and told all the students about their new website. They also stuck posters to spread awareness and encourage students to list their books. However, when they did not good response for a week, they conducted a survey to understand the problem. They found out that students were afraid their books might get damaged and hence, did not want to share their books.

Taking this feedback into account, they decided to convert their book sharing platform to book renting platform and charge the students a nominal fee of Rs. 50 for renting a book for a month. Half of this amount was a “Deposit Fee”, which they refunded to the rentee, if the book was returned in a proper condition, and the other half was the “Rent Fee”, which they gave to the owner of the book as an incentive to list more books! And this monetary structure worked! More and more students started listing their books on the website and others started renting from the wide range of books that were now available.