CrowdShip Pitch
-
Upload
vaughan-ramsey -
Category
Business
-
view
388 -
download
0
Transcript of CrowdShip Pitch
![Page 1: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/1.jpg)
Get items shipped with locals, wherever you want
![Page 2: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/2.jpg)
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
![Page 3: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/3.jpg)
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
![Page 4: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/4.jpg)
Market Validation• Looking at just sporting goods in Amazon
alone, there are:
14,094,693Items listed
284,640Ship globally
![Page 5: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/5.jpg)
Product
![Page 6: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/6.jpg)
Business Model
Revenue from• Successful transactions via a tiered percentage
fee• Highlighted listings• Trusted bidder status• Insurance on goods
![Page 7: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/7.jpg)
Market Adoption
• Advertising on aggregators like:
• Partnerships with:
![Page 8: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/8.jpg)
Competition
![Page 9: CrowdShip Pitch](https://reader036.fdocuments.us/reader036/viewer/2022071815/55a848171a28abae108b46eb/html5/thumbnails/9.jpg)
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”