About StudentPool
The idea of StudentPool came about due to the following:
- To aid students travel expenses
- To reduce C02 emission of privately owned vehicles
- To reduce traffic congestion
- To give students in rural areas another means of commuting
Business Aspect
Multiple online resources were investigated to find a means of generating revenue for StudentPool. In conclusion, two technologies were chosen which are Google AdSense and PayPal
Google AdSense
Revenue is generated by advertising which is placed throughout the website application and the ads are generated by Google AdSense
PayPal
Revenue is generated by charging a one time fee of €2 to users to avail of StudentPool and is supported by PayPal
Ethical Aspect
StudentPools objective is to mainly help students in their college/university lifetime while also helping the environment.
Reduce C02 Emissions
StudentPool will reduce the number of vehicles on the road which in turn reduces C02 production
Aid students travel expenses
If students avail of this service they can greatly reduce their cost on fuel by sharing the cost