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Kevin Ho Austin Eng Matt Hsu. Business Opportunity  Problem  How do I complete all of my errands with a busy schedule?  How can I find work during.

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Presentation on theme: "Kevin Ho Austin Eng Matt Hsu. Business Opportunity  Problem  How do I complete all of my errands with a busy schedule?  How can I find work during."— Presentation transcript:

1 Kevin Ho Austin Eng Matt Hsu

2 Business Opportunity  Problem  How do I complete all of my errands with a busy schedule?  How can I find work during free time, with limited professional experience?  Value Proposition  Hirers  Ribbid provides busy individuals who don’t have the time for errands a platform to post requests and receive the most reliable and affordable help through a unique reverse auctioning process.  Workers  Ribbid provides people who have limited professional experience with quick, convenient work on their own hours by letting them bid on local errand requests.

3 Description of Product  Ribbid is a platform for people to post requests for errands, and for users in the area to bid to complete those requests.  The reverse auctioning technology allows for users to get the cheapest, best hire for their errands.  Fully functional prototype from PennApps 2015 Hackathon  http://ribbid.herokuapp.com/http://ribbid.herokuapp.com/  Built using Angular,js + Express on Node.js based servers running on a MongoDB database, the HTML5 Geolocation API, and Facebook integration

4 Overview of Market  Target market  Busy adults, age 18-60 (hirers)  Young adults without professional experience, especially students, age 16-30 (workers)  Competitors  Task Rabbit  >15,000 workers  Philly-based  Targets specialized services, not errands (handymen, cleaning, and moving)  Postmates  only offers delivery services  Zaarly  Similar to Taskrabbit  Skilled services (Housecleaners, Lawn Care, Handymen, Maid Services, Electricians)  No competitor uses reverse bidding for their services

5 Development Plan  Short Term (~1 month)  User pages for users to add reviews/ratings based on their service  Add digital payments with Venmo or Stripe.  Fix bugs  Work out terms of service and get legal advice.  Medium Term (2-5 months)  Launch Beta, acquire users and gain customer feedback.  Build Iphone and Android Apps  Long term (>12 months)  Market, and grow user base  Build Ribbid in large cities  Cost  Server costs for maintenance of database and site  Compensate starting workers. (provide partial funding to starting workers to help them build reputation)  Monetization  ~5% fee for every transaction  Average transaction/request will be from $10-50  About $1 per transaction

6 About Us  Kevin Ho  UPenn Digital Media Design ’18  Digital marketing for Rappad (Www.rappad.co)Www.rappad.co  Proficient in Java, HTML, CSS  Marketing and Front-End Developer  Handle business, marketing, and help with front-end development  Matt Hsu  Cornell Computer Science ’18  Web– jQuery, express framework, node.js, Ruby on Rails, CodeIgniter framework, MySQL, MongoDB, Bootstrap 3  Development – JavaScript, Java, PHP, C, Python, C#, LATEX, Autodesk Inventor, Multisim  Full-Stack Developer  Build functional website, Iphone app, and Android app  Austin Eng  UPenn Digital Media Design ’18  Mastery of Python, Ruby, HTML, CSS, Javascript, Proficiency in Experience: OCaml, NodeJS, Java  Full-Stack Developer  Build functional website, Iphone app, and Android app


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