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for Technology Entrepreneurship Venture Lab 2012




Value Proposition
       for
 arbirage
hypothesis
Malaysia - a former colonial of UK
Many educational ties between Malaysia and UK
Many people from UK travel to Malaysia for the academic purposes
They buy from Malaysia for cost
difference for family and friends
But have to also think about luggage
limits, limits the good to be bought
arbirage.com solves the
issue, serve such buyers
365 days online. They
buy from home country
future target markets Australia and US
In short...

             Online market
       for worldwide consumers,
    specially UK, US and Australia,
to buy low cost, good quality products
      from Developing countries
The test
  Set up website

www.arbirage.com
Started stores on eBay
And a Fan page on Facebook
Test on
Validated
Powerseller of eBay       Top Rated Seller on US and UK Market
Facebook Fan Page
      and growing
Most Important
2526 satisfied customers and growing
Startup Compass says
        Arbirage is Automator
Most common Value Proposition : Cheaper
         Market size = $11b
New Hypothesis
   If Arbirage become Online
    Hypermarket. Arbirage will
    reach Product/Market fit and at
    least 40% of our customer will
    be disappointed if we closed
    down our store

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Testing Value Proposition