SlideShare une entreprise Scribd logo
1  sur  10
Télécharger pour lire hors ligne
#LetsGetFree
Problem
Pickup Dilemma
Everyone hates handling pickups. Users on the West
coast use Lugg while the East coast market remains
fragmented leaving users to pay the same amount for
Uber XLs and having to complete moves themselves.
Marketplace Challenges
Most users aren't great sellers. Power-sellers dominate
larger marketplaces. For every user that makes a sale,
another user's post gets no hits; causing their item to slide
far down the stack.
These items either sit dormant or get trashed!
Second-hand markets should move as fast as Amazon.
The entire retail industry caters toward getting
customers what they want ASAP; except when it's used
and that doesn't have to be the case.
The NOW Economy
Users are unsatisfied with current platforms when it comes to finding free stuff and
they often lack the resources to get the items home.
©2020 FreeSpot Co. 2
Our Solution
We created a platform exclusively for finding free stuff!
User Profiles
Our user profiles allow for an elevated level of safety allowing users to not only
rate fellow claimers and sharers but also to set up independent communities
where they can engage in sharing with only groups of people that they select.
We Prioritize User Success
Same-Day, Door-to-Door Delivery
Through allowing users to post open requests, we can have better success rates
than our competition. The best items are the ones users don't think to post. We
use location to help users find people who need what they aren't using; pushing
them to share months before they would make the choice to try selling an item.
We want to start by solving the problem of second-hand marketplace logistics
for the East Coast. We believe that in the future, secondhand marketplaces
operate much faster because of how localized they are and we want to be one of
the companies leading that charge.
3
How It Works
We plan to both use platforms like Google Ad Mob, as well as charge a lead generation fee to moving companies for
connecting claimers to movers who specialize in the secondhand marketplaces.
We make money from Lead Generation.
Traction
2,000+ Usersin Less than 6 Months with $0 Ad Spend and 0 Press Coverage!
What We Learned:
Users are loyal to
outcomes not platforms.
People are willing to have multiple
marketplace apps as long as they
provide value.
Marketplace logistics
problems exist everywhere!
Users from across the US struggle
with transporting the items they find
on second-hand marketplaces.
Low Income / Homeless
Customers are Underserved.
Our users are posting requests for
food and essential items while sharing
their housing status with other users.
©2020 FreeSpot Co. 6
Revenue Projections
Year 5: 15M Users
https://www.ibisworld.com/industry-trends/market-research-reports/retail-trade/miscellaneous-store-retailers/used-goods-stores.html
$109K $1.1M $3M
©2020 FreeSpot Co. 5
Year 3: 5M UsersYear 1: 500K Users
Revenue Projections are based on estimates from average application earnings through Google Ad Mob
adjusted to our current stats (time in app (2;30avg), percentage of active users(20%)).
Through Google Ad Mob revenue alone, we plan to be reach more than 1M ARR by Year 3!
Competitive Advantage
What Makes FreeSpot Better
User Profiles
Same Day Delivery
Lowest Price
Furniture Focused
Labor Free
2.5hrs, Labor and $504hs, Labor and $60+ 24hrs+ and/or $100+ $40-$60 West Coast ONLY
Here's How People Currently Handle Second-Hand Marketplace Logistics
7
Market Analysis
Second-hand Furniture Market Second-hand Retail Industry
https://www.ibisworld.com/industry-trends/market-research-reports/retail-trade/miscellaneous-store-retailers/used-goods-stores.html
Focusing on the second-hand marketplace for
furniture as a proof of concept, we will be enter a
market earning $4.9B each year.
$19B each year is drawn in revenue from the
second-hand retail industry.
In NYC alone, $73.5M is spent on second-
hand furniture items each year.
Second-hand Furniture Market(NYC)
$73M $4.9B $19B
©2020 FreeSpot Co. 8
©2020 FreeSpot Co.
Our Team
Why We're Awesome
Malcolm Holliday
Web Developer
Back End Development
Gina B. Ramcharan
Business Advisor
Sales Planning
Daryl Holman Jr.
Founder & CEO
Front End Development
Brian Magida
Mentor
Growth Marketing
9
#LetsGetFree

Contenu connexe

Tendances

Digital retail
Digital retailDigital retail
Digital retaileQNova
 
Mobile App Features that Help Small Businesses
Mobile App Features that Help Small BusinessesMobile App Features that Help Small Businesses
Mobile App Features that Help Small BusinessesBizness Apps
 
Who Owns Mobile? The Top Mobile E-Commerce Brands
Who Owns Mobile? The Top Mobile E-Commerce BrandsWho Owns Mobile? The Top Mobile E-Commerce Brands
Who Owns Mobile? The Top Mobile E-Commerce BrandsBrian Wong
 
RetailOasis Big Breakfast Presentation: Pippa
RetailOasis Big Breakfast Presentation: PippaRetailOasis Big Breakfast Presentation: Pippa
RetailOasis Big Breakfast Presentation: PippaRetailOasis
 
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...3scale
 
The role of search in luxury shopping
The role of search in luxury shoppingThe role of search in luxury shopping
The role of search in luxury shoppingBradley Fehler
 
Next web presentation v26 april10 6pm eBay Classified ads
Next web presentation v26 april10 6pm eBay Classified adsNext web presentation v26 april10 6pm eBay Classified ads
Next web presentation v26 april10 6pm eBay Classified adsAtMost and AtMostTV
 
Not All Data is Created Equal
Not All Data is Created EqualNot All Data is Created Equal
Not All Data is Created EqualiMedia Connection
 
Future trends in Ecommerce_Suresh_Babu_BN
Future trends in Ecommerce_Suresh_Babu_BNFuture trends in Ecommerce_Suresh_Babu_BN
Future trends in Ecommerce_Suresh_Babu_BNSuresh Babu B
 
New Retail - The New Horizon of Retail
New Retail - The New Horizon of RetailNew Retail - The New Horizon of Retail
New Retail - The New Horizon of RetailYan Di
 
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012Purplegator
 
Strikapose pitch deck
Strikapose pitch deckStrikapose pitch deck
Strikapose pitch deckWadeWrobel
 
Emerging technologies changing the retail landscape
Emerging technologies changing the retail landscapeEmerging technologies changing the retail landscape
Emerging technologies changing the retail landscapeBloomberg LP
 

Tendances (15)

Digital retail
Digital retailDigital retail
Digital retail
 
Mobile App Features that Help Small Businesses
Mobile App Features that Help Small BusinessesMobile App Features that Help Small Businesses
Mobile App Features that Help Small Businesses
 
Who Owns Mobile? The Top Mobile E-Commerce Brands
Who Owns Mobile? The Top Mobile E-Commerce BrandsWho Owns Mobile? The Top Mobile E-Commerce Brands
Who Owns Mobile? The Top Mobile E-Commerce Brands
 
RetailOasis Big Breakfast Presentation: Pippa
RetailOasis Big Breakfast Presentation: PippaRetailOasis Big Breakfast Presentation: Pippa
RetailOasis Big Breakfast Presentation: Pippa
 
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...
APIs and the Creation of Wealth in the Digital Economy - APIDays Paris 2015 K...
 
The role of search in luxury shopping
The role of search in luxury shoppingThe role of search in luxury shopping
The role of search in luxury shopping
 
Jose
JoseJose
Jose
 
Next web presentation v26 april10 6pm eBay Classified ads
Next web presentation v26 april10 6pm eBay Classified adsNext web presentation v26 april10 6pm eBay Classified ads
Next web presentation v26 april10 6pm eBay Classified ads
 
Not All Data is Created Equal
Not All Data is Created EqualNot All Data is Created Equal
Not All Data is Created Equal
 
Future trends in Ecommerce_Suresh_Babu_BN
Future trends in Ecommerce_Suresh_Babu_BNFuture trends in Ecommerce_Suresh_Babu_BN
Future trends in Ecommerce_Suresh_Babu_BN
 
New Retail - The New Horizon of Retail
New Retail - The New Horizon of RetailNew Retail - The New Horizon of Retail
New Retail - The New Horizon of Retail
 
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012
Mobile Marketing for Auto Dealers - Cars2Go - Bob Bentz - World Telemedia 2012
 
Strikapose pitch deck
Strikapose pitch deckStrikapose pitch deck
Strikapose pitch deck
 
Lazy budiiml intern
Lazy budiiml internLazy budiiml intern
Lazy budiiml intern
 
Emerging technologies changing the retail landscape
Emerging technologies changing the retail landscapeEmerging technologies changing the retail landscape
Emerging technologies changing the retail landscape
 

Similaire à FreeSpot Pitch Deck Spring 2020

The e commerce imperative online version
The e commerce imperative online versionThe e commerce imperative online version
The e commerce imperative online versionVarun Luthra
 
Ringent slide deck
Ringent slide deckRingent slide deck
Ringent slide deckmoreviews
 
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docx
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docxProozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docx
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docxdenneymargareta
 
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...eTailing India
 
Top Online Shopping Apps in USA 2024.pdf
Top Online Shopping Apps in USA 2024.pdfTop Online Shopping Apps in USA 2024.pdf
Top Online Shopping Apps in USA 2024.pdfJPLoft Solutions
 
Jeremiah Owyang Keynote on the Collaborative Economy
Jeremiah Owyang Keynote on the Collaborative EconomyJeremiah Owyang Keynote on the Collaborative Economy
Jeremiah Owyang Keynote on the Collaborative EconomyCision
 
Presentation1
Presentation1Presentation1
Presentation1chuckyneo
 
Marketing Plan for an App:Ratez
Marketing Plan for an App:RatezMarketing Plan for an App:Ratez
Marketing Plan for an App:RatezTRIJYA SAINI
 
7 ecommerce trends in 2014
7 ecommerce trends in 20147 ecommerce trends in 2014
7 ecommerce trends in 2014GoSquared
 
Vantage-Collabo Executive Summary 11-12-2015 ver005
Vantage-Collabo Executive Summary 11-12-2015 ver005Vantage-Collabo Executive Summary 11-12-2015 ver005
Vantage-Collabo Executive Summary 11-12-2015 ver005Iyimoga, Yusuf Abdulkarim
 
Monetization models for Social Platforms
Monetization models for Social PlatformsMonetization models for Social Platforms
Monetization models for Social PlatformsShekhar Trivedi
 
Mobile playbook playbooks
Mobile playbook playbooksMobile playbook playbooks
Mobile playbook playbooksAdCMO
 
Opinion Writing Graphic Organizer FREEBIE By U
Opinion Writing Graphic Organizer FREEBIE By UOpinion Writing Graphic Organizer FREEBIE By U
Opinion Writing Graphic Organizer FREEBIE By UHeather Dionne
 
Little orange pitch deck
Little orange pitch deckLittle orange pitch deck
Little orange pitch deckRugved Inamdar
 
Eric schmidt in_class_assignment
Eric schmidt in_class_assignmentEric schmidt in_class_assignment
Eric schmidt in_class_assignmentkzaatarah
 
Eric schmidt in_class_assignmentaaa
Eric schmidt in_class_assignmentaaaEric schmidt in_class_assignmentaaa
Eric schmidt in_class_assignmentaaattghazal
 

Similaire à FreeSpot Pitch Deck Spring 2020 (20)

The e commerce imperative online version
The e commerce imperative online versionThe e commerce imperative online version
The e commerce imperative online version
 
Ringent slide deck
Ringent slide deckRingent slide deck
Ringent slide deck
 
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docx
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docxProozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docx
Proozy SWOT NotesStrengthsOpportunitiesWeaknessesT.docx
 
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...
A panel on crossborder- approaches for expanding abroad (b2 b, b2c, marketpla...
 
Top Online Shopping Apps in USA 2024.pdf
Top Online Shopping Apps in USA 2024.pdfTop Online Shopping Apps in USA 2024.pdf
Top Online Shopping Apps in USA 2024.pdf
 
Jeremiah Owyang Keynote on the Collaborative Economy
Jeremiah Owyang Keynote on the Collaborative EconomyJeremiah Owyang Keynote on the Collaborative Economy
Jeremiah Owyang Keynote on the Collaborative Economy
 
Presentation1
Presentation1Presentation1
Presentation1
 
Marketing Plan for an App:Ratez
Marketing Plan for an App:RatezMarketing Plan for an App:Ratez
Marketing Plan for an App:Ratez
 
7 ecommerce trends in 2014
7 ecommerce trends in 20147 ecommerce trends in 2014
7 ecommerce trends in 2014
 
Vantage-Collabo Executive Summary 11-12-2015 ver005
Vantage-Collabo Executive Summary 11-12-2015 ver005Vantage-Collabo Executive Summary 11-12-2015 ver005
Vantage-Collabo Executive Summary 11-12-2015 ver005
 
Monetization models for Social Platforms
Monetization models for Social PlatformsMonetization models for Social Platforms
Monetization models for Social Platforms
 
Erich Schmidt
Erich SchmidtErich Schmidt
Erich Schmidt
 
Briefing and presentation
Briefing and presentationBriefing and presentation
Briefing and presentation
 
Mobile playbook playbooks
Mobile playbook playbooksMobile playbook playbooks
Mobile playbook playbooks
 
Opinion Writing Graphic Organizer FREEBIE By U
Opinion Writing Graphic Organizer FREEBIE By UOpinion Writing Graphic Organizer FREEBIE By U
Opinion Writing Graphic Organizer FREEBIE By U
 
Little orange pitch deck
Little orange pitch deckLittle orange pitch deck
Little orange pitch deck
 
Eric Schmidt
Eric Schmidt Eric Schmidt
Eric Schmidt
 
Eric Schmidt
Eric Schmidt Eric Schmidt
Eric Schmidt
 
Eric schmidt in_class_assignment
Eric schmidt in_class_assignmentEric schmidt in_class_assignment
Eric schmidt in_class_assignment
 
Eric schmidt in_class_assignmentaaa
Eric schmidt in_class_assignmentaaaEric schmidt in_class_assignmentaaa
Eric schmidt in_class_assignmentaaa
 

Dernier

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CVKhem
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)wesley chun
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEarley Information Science
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?Antenna Manufacturer Coco
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024The Digital Insurer
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationMichael W. Hawkins
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Igalia
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 

Dernier (20)

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 

FreeSpot Pitch Deck Spring 2020

  • 2. Problem Pickup Dilemma Everyone hates handling pickups. Users on the West coast use Lugg while the East coast market remains fragmented leaving users to pay the same amount for Uber XLs and having to complete moves themselves. Marketplace Challenges Most users aren't great sellers. Power-sellers dominate larger marketplaces. For every user that makes a sale, another user's post gets no hits; causing their item to slide far down the stack. These items either sit dormant or get trashed! Second-hand markets should move as fast as Amazon. The entire retail industry caters toward getting customers what they want ASAP; except when it's used and that doesn't have to be the case. The NOW Economy Users are unsatisfied with current platforms when it comes to finding free stuff and they often lack the resources to get the items home. ©2020 FreeSpot Co. 2
  • 3. Our Solution We created a platform exclusively for finding free stuff! User Profiles Our user profiles allow for an elevated level of safety allowing users to not only rate fellow claimers and sharers but also to set up independent communities where they can engage in sharing with only groups of people that they select. We Prioritize User Success Same-Day, Door-to-Door Delivery Through allowing users to post open requests, we can have better success rates than our competition. The best items are the ones users don't think to post. We use location to help users find people who need what they aren't using; pushing them to share months before they would make the choice to try selling an item. We want to start by solving the problem of second-hand marketplace logistics for the East Coast. We believe that in the future, secondhand marketplaces operate much faster because of how localized they are and we want to be one of the companies leading that charge. 3
  • 4. How It Works We plan to both use platforms like Google Ad Mob, as well as charge a lead generation fee to moving companies for connecting claimers to movers who specialize in the secondhand marketplaces. We make money from Lead Generation.
  • 5. Traction 2,000+ Usersin Less than 6 Months with $0 Ad Spend and 0 Press Coverage! What We Learned: Users are loyal to outcomes not platforms. People are willing to have multiple marketplace apps as long as they provide value. Marketplace logistics problems exist everywhere! Users from across the US struggle with transporting the items they find on second-hand marketplaces. Low Income / Homeless Customers are Underserved. Our users are posting requests for food and essential items while sharing their housing status with other users. ©2020 FreeSpot Co. 6
  • 6. Revenue Projections Year 5: 15M Users https://www.ibisworld.com/industry-trends/market-research-reports/retail-trade/miscellaneous-store-retailers/used-goods-stores.html $109K $1.1M $3M ©2020 FreeSpot Co. 5 Year 3: 5M UsersYear 1: 500K Users Revenue Projections are based on estimates from average application earnings through Google Ad Mob adjusted to our current stats (time in app (2;30avg), percentage of active users(20%)). Through Google Ad Mob revenue alone, we plan to be reach more than 1M ARR by Year 3!
  • 7. Competitive Advantage What Makes FreeSpot Better User Profiles Same Day Delivery Lowest Price Furniture Focused Labor Free 2.5hrs, Labor and $504hs, Labor and $60+ 24hrs+ and/or $100+ $40-$60 West Coast ONLY Here's How People Currently Handle Second-Hand Marketplace Logistics 7
  • 8. Market Analysis Second-hand Furniture Market Second-hand Retail Industry https://www.ibisworld.com/industry-trends/market-research-reports/retail-trade/miscellaneous-store-retailers/used-goods-stores.html Focusing on the second-hand marketplace for furniture as a proof of concept, we will be enter a market earning $4.9B each year. $19B each year is drawn in revenue from the second-hand retail industry. In NYC alone, $73.5M is spent on second- hand furniture items each year. Second-hand Furniture Market(NYC) $73M $4.9B $19B ©2020 FreeSpot Co. 8
  • 9. ©2020 FreeSpot Co. Our Team Why We're Awesome Malcolm Holliday Web Developer Back End Development Gina B. Ramcharan Business Advisor Sales Planning Daryl Holman Jr. Founder & CEO Front End Development Brian Magida Mentor Growth Marketing 9