CrowdShip Pitch

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Get items shipped with locals, wherever you want

Transcript of CrowdShip Pitch

Page 1: CrowdShip Pitch

Get items shipped with locals, wherever you want

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Problem

• Access: People ordering goods online are unable to have them shipped to their country

• Cost: Freight forwarding companies charge a significant fee for on-shipping items

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Solution

• An online marketplace where purchasers can connect with locals who can freight forward:

Make money:Shipping for purchasers

Save money:By paying

locals to on-ship

Utilise resources:By shipping

items that fit in your spare

luggage

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Market Validation• Looking at just sporting goods in Amazon

alone, there are:

14,094,693Items listed

284,640Ship globally

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Product

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Business Model

Revenue from• Successful transactions via a tiered percentage

fee• Highlighted listings• Trusted bidder status• Insurance on goods

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Market Adoption

• Advertising on aggregators like:

• Partnerships with:

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Competition

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Competitive Advantage

• 1st to market• Familiar product model• Increased competition through bidding• Dual incentive: get items shipped cheap and

make money shipping “on the side”