BIDDEE

BIDDEE

Online reverse auction platform Just Bid It!

HANOI,VIETNAM

TEAM

Name Surname

Description here

Viet Anh Nguyen

Quang Anh Nguyen

Viet Phuong La

CEO and Co founder

Co founder

IT Manager

BUSINESS CONCEPT

Advertisement tool

Rewarded Entertainment

Ecosystem

Revenue

Go Global

Build a community

• A great advertisement tool where they can promote their brand, products, services to a large amount pf audiences
• Build a community with a strong link between businesses and customers

Sponsors/Suppliers

Users

• Tackle consumer's mentality of obtaining valuable products for a bargains or free, therefore, it is very attractive to players
• Provide an entertaining platform with prizes for players

BIDDEE

MArket overview

$51.4bn

E-Commerce & Online Auction in the UK Market Size in 2021

E-Commerce & Online Auction in the UK Market Size Growth in 2021

28.8%

E-Commerce & Online Auction in the UK Annualised Market Size Growth in 2016- 2021

14.1%

Ibis,2021

Revenue Stream

INvestment

20% Platform construction

30% Permission, operationsystem setup

50% Pre-operation marketing

Estimated amount to invest in at £50k and total investment of £1 million

Target customer

Focus on students, workers, office employees

Anyone who has access with internet and smartphones

Low-mid income level

All Genders from 16-25 & 45+

Schedule

12 WeeksBeta-run Marketing

8 WeeksDevelop products

12 WeeksPartners approaching

4 WeeksMVP design

THANK YOU!

References

1. Ibisworld.com. 2021. IBISWorld - Industry Market Research, Reports, and Statistics. [online] Available at: <https://www.ibisworld.com/united-kingdom/market-research-reports/e-commerce-online-auctions-industry/> [Accessed 16 October 2021]. 2. Gambling Commission. 2021. Reverse auctions. [online] Available at: <https://www.gamblingcommission.gov.uk/public-and-players/guide/page/reverse-auctions?fbclid=IwAR0N8taWNMb-kymzupWnPyrP5RFcf0VwFfta6eGqx7D-OlkkMjOGr6gLE4Q> [Accessed 16 October 2021]. 3. Ibisworld.com. 2021. IBISWorld - Industry Market Research, Reports, and Statistics. [online] Available at: <https://www.ibisworld.com/united-kingdom/market-research-reports/search-engines-industry/> [Accessed 16 October 2021]. 4. Reverse Auction Guide. 2021. B2B Online Reverse Auctions: The Complete Guide. [online] Available at: <http://www.reverseauctionguide.com/reverse-auction-process-guide/> [Accessed 16 October 2021]. 5. HappyBid.co.uk. 2021. HappyBid.co.uk. [online] Available at: <https://happybid.co.uk/index.php?> [Accessed 16 October 2021].