TechTrade Lean Model Canvas

Problem Solution Unique Value Unfair Advantage Customer

Propositions Segments
Product Inspection
Expert Product Inspection
Trust Issues Check product condition, authenticity, and originality.
Thorough evaluation of second-hand tech Buyers
Buyers face hidden damages, lack of products, ensuring authenticity, condition, Individuals seeking reliable second-hand tech
Clear Reports
warranties, and unreliable sellers. Provide detailed reports on product status, including any issues. and originality, which builds trust with products with assured quality.
For Buyers
buyers and sellers.
Quality Assurance Fair Pricing Access to inspected, certified second- Sellers
Difficulty in verifying the condition, Help sellers set reasonable prices based on product condition and hand tech products with transparent Transparent, Detailed Reporting Individuals looking to sell used tech products
authenticity, and originality of second-hand market value. condition reports, ensuring trust and Providing certified, clear reports about at fair prices without hassle.
tech products. quality. product condition, faults, and authenticity,
Secure Transactions
setting the platform apart from others.
Ensure safe and easy transactions to avoid fraud and disputes.
Pricing Discrepancies For Sellers
Sellers encounter lowball offers and challenges A platform offering product inspection,
in proving product value. Key Metrics certification, and fair pricing,
Channels
enhancing buyer confidence and
Fraudulent Activities Transaction Volume Mobile App
The number of products successfully sold and purchased through facilitating quicker sales.
Presence of scams, bogus buyers, and A user-friendly app for listing, purchasing
fraudulent transactions.
the platform.
products, and managing transactions.
Early Adopters
Customer Satisfaction Tech Enthusiasts/Professionals
Inefficient Processes User feedback and ratings to measure the trust and experience. Social Media
Individuals who seek high-quality second-
Time-consuming negotiations and post-sale Utilizing platforms like Facebook and
hand tech and value product transparency
complaints. Inspection Completion Rate Instagram for marketing and community
and reliability.
Percentage of products that undergo inspection before listing. engagement.
Market Fragmentation Budget-Conscious Consumers
Repeat Buyer and Seller rate Influencers
Lack of a centralized, reliable platform for Frequency of repeat business from both sellers and buyers. Buyers looking for affordable, quality tech
Partnering with tech influencers, YouTube
second-hand tech transactions. with verified condition and authenticity.
creators, and bloggers to promote products
Platform Growth
Increase in active users, both buyers and sellers, on the platform.
and build trust with potential customers.

Cost Structure Revenue Stream

Operational Expenses Transaction Commissions
Costs related to inspection processes, staff salaries, and platform maintenance. A 5% fee added to the final sale price of each product. For example, if the product is priced at ₱500, the buyer will pay ₱525 (₱500 + 5%). The seller will
receive the full ₱500, while the platform takes ₱25 as the commission.
Inspection Tools and Equipment
Expenses for acquiring and maintaining tools and equipment needed for product inspection Inspection Fees
The standard inspection fee is ₱200 for basic products like smartphones, laptops, and tablets. For items requiring more specialized inspections, such as gaming
Workplace/Facility Costs consoles or high-end gadgets, the fee will range from ₱300 to ₱500, depending on the complexity of the inspection.
Rent, utilities, and other expenses associated with the physical space where inspections will be conducted and
where the staff will work. Priority Inspection Service
Sellers can pay an additional ₱100 to have their product inspected and certified within 24 hours for faster listing on the platform.
Influencer Partnerships
Costs related to collaborations with influencers to promote the platform and attract both buyers and sellers. Subscription Fees
A ₱500 per month subscription fee for sellers, which includes discounted inspection rates, featured listings, priority customer support, and free Priority Inspection
App Development Service.
Investment in app development, security, and user experience enhancements.