Online Classifieds Website

Presented by: Lance Budhu Dominic Mattei Kyle Alleyne

BUSNESS MODEL CANVUS

Web Page Cisco Systems ORACLE Corporation Development Server Development Product Inspection Product Approval

Detailed product description Convenience Simple Interface Trusted Source Product assurance

Referrals Social Media Search ads

Web Server Database Optional Vehicle

Mass Market Budget sensitive person Busy People Quality Demanding persons Advertisers Sellers

Wages Web Servers Dater Center Facility

Registration Fee Advertising Bid Fee Re-upload Fee Optional delivery and inspection

PASS FAIL TESTS

Interviews: Verbal interviews where conducted Surveys: Questionnaires where handed out to our potential customers Prototype: A printed copy of our wire frame was handed out

40% NEGATIVE REVIEWS

VALUE PROPOSITION

MINIMUM VIABLE PRODUCT

HYPOTHESIS

WHAT DO OUR CUSTOMERS WANT?

CUSTOMER INSIGHT
After interviewing our potential customers we were able to ascertain useful information that was invaluable in the re-evaluation process of our value proposition. Some of what we discovered include.

All of the people interviewed were not willing to pay an upload fee
76.5% of all interviewed found that knowing the history of the product was very important

70% were interested in the delivery of products

TESTING OUR HYPOTHESIS

Verbal interviews were carried out to get a sense of our target market and whether our hypothesis was accurate Surveys were taken at random for individuals above 18 A wireframe and a site map was displayed to our prospective customers for feedback

WHAT WE FOUND Value Proposition

THE NEXT STEP

Re-evaluation of the value proposition hypothesis based on the customer insight . Do a query into an accurate price for the fees for our Revenue stream. Create another tab in the category for additional items such as books & clothes to be sold.

The End