Final report on oap

2,428 views

Published on

Final Report on Opprtunity Analysis Project ( OAP )

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
2,428
On SlideShare
0
From Embeds
0
Number of Embeds
1,778
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Final report on oap

  1. 1. for Technology Entrepreneurship Venture Lab 2012Final Report for OAP
  2. 2. hypothesisMalaysia - a former colonial of UK
  3. 3. Many educational ties between Malaysia and UK
  4. 4. Many people from UK travel to Malaysia for the academic purposes
  5. 5. They buy from Malaysia for costdifference for family and friends
  6. 6. But have to also think about luggagelimits, limits the good to be bought
  7. 7. arbirage.com solves theissue, serve such buyers365 days online. Theybuy from home country
  8. 8. future target markets Australia and US
  9. 9. In short... Online market for worldwide consumers, specially UK, US and Australia,to buy low cost, good quality products from Developing countries
  10. 10. The test Set up websitewww.arbirage.com
  11. 11. Started store on eBay
  12. 12. And a Fan page on Facebook
  13. 13. Test on
  14. 14. Survey In order not to violated eBay’s Privacy Policy. Team member cannot speak one to one to customer. A survey has been design by our team member Ivan and mail to our customers Only 20 customer response before the deadline.
  15. 15. 60% customer will buy from us repeatedly Sales Buy from us repeatedly Not buy from us repeatedly
  16. 16. 70% buy from us repeatedly if we sell Perfume Perfume Buy from us repeatedly Not buy from us repeatedly
  17. 17. 55%will buy from us repeatedly if we are Online Hypermarket Online Hypermarket Buy from us repeatedly Not buy from us repeatedly
  18. 18. Product/Market fit Customer Buy from us repeatedly Not Buy from us Repeatedly
  19. 19. Validated : Product/Market fit  Survey Result 80% 70% 60% 50% 40% 30% 20% 10% 0% Product /Market fit Customer
  20. 20. Results 60%  will buy from us repeatedlyregardless whether we are online hypermarket or not
  21. 21. Growth organically If  Without funding
  22. 22. Priority : Perfume
  23. 23. Growth rapidly  If  with funding
  24. 24. This opportunity is worth pursuing for OEP80%70%60%50%40% Product/Market fit30% Customer20%10%0% Buy from us Perfume Online Product/Market repeatedly Hypermarket fit

×