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Opportunity analysis Project ( OAP )
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Value Propositionfor
arbirage
for Technology Entrepreneurship Venture Lab 2012
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
Started stores on eBay
And a Fan page on Facebook
Test on
Validated
Powerseller of eBayTop Rated Seller on US and UK Market
Facebook Fan Page
173 Likes and growing
Most Important2526 satisfied customers and growing
Startup Compass saysArbirage 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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