Snapsome

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Snapsome is a website for buying and selling new and used items across various categories. It includes features such as category filtering, product search by price and condition, and user reviews. Together, we have created a unique, high-quality product that stands out with its flexibility, user safety, and appealing design.

About Client

The client is a successful entrepreneur and startup founder who launches high-potential projects with high returns. With a track record of numerous profitable startups, they have a strong understanding of modern trends, market dynamics, and user needs. To achieve their goals, they require a team of professionals with deep expertise and the ability to deliver high-quality products within tight deadlines.

Goals and Objectives

Building Trust Between Users

The primary goal is to eliminate distrust between buyers and sellers caused by profile anonymity. A rating and trust system will allow users to assess each other's reliability based on objective factors such as social media activity, transaction history, and reviews. This will enhance transparency, minimize fraud risks, and create a secure transaction environment for all users.

Creating a Unique Competitive Advantage

To stand out in a crowded market, the platform will offer exclusive features that attract both buyers and sellers. A flexible pricing system will let buyers propose their own offers, while transaction protection will ensure secure deals. Mandatory post-delivery feedback will improve product quality control. These features will help differentiate the platform and increase user loyalty.

Ensure Quality and Security

The platform builds confidence in purchases. High-quality images, accurate pricing, and user reviews will enhance product presentation. A transaction status system will protect both parties, preventing fraud and ensuring fair delivery. These measures guarantee product authenticity, increase trust in transactions, and boost overall customer satisfaction.

Results

40%

Increased User Trust

The implementation of the trust and reputation scoring system led to a decrease in fraudulent transactions and an increase in completed deals between users.

50%

Increase in User Interaction

Enabled price proposals and fostered more negotiations between buyers and sellers, leading to more dynamic and flexible deal-making.

60%

Transaction Security Improvement

The introduction of transaction statuses reduced the number of disputes, ensuring a smoother and more reliable transaction process.

75%

User Growth in 6 Months

A rapid increase in active users highlighted strong product-market fit, user interest, and effective onboarding.

Our Solutions

Scoring System for Trust and Reputation

The primary solution to address the lack of trust between users is the implementation of a unique scoring system that aggregates data from multiple sources to create a transparent and reliable user reputation. The scoring algorithm considers social media activity, including metrics like the number of followers, likes, and post frequency, as well as buyer reviews and successful transaction history on the platform. It also evaluates overall platform activity, such as the number of items listed, participation in auctions, and interactions with other users. This comprehensive approach ensures that buyers and sellers have access to trustworthy data about each other, reducing the likelihood of fraud. With this system, users can make informed decisions based on objective metrics rather than subjective impressions, fostering a safer and more reliable environment for all parties involved. Moreover, a high reputation score encourages users to adopt transparent, reliable behavior, knowing that it will increase their visibility and attract more potential customers.

Flexible Pricing and Offer Capabilities

To encourage user interaction and flexibility, the platform enables buyers to propose their prices, which can then be negotiated with sellers. This flexible pricing model provides buyers with more control over their spending while allowing sellers to choose the best offers. It creates an interactive, dynamic marketplace where transactions are more personalized, promoting greater user satisfaction and engagement.

Buyer Protection Through Transaction Statuses

To ensure that both buyers and sellers are protected during transactions, the platform introduces a transaction status system. Once a seller accepts an offer, the item is locked from further offers, ensuring no overselling occurs. After payment, the item is blocked from resale, ensuring that the buyer receives the item they paid for and preventing the seller from selling the same item to another buyer. This system guarantees security for both parties, minimizing the risk of disputes and ensuring a smoother, more reliable transaction process.