 Consists of Frontend, Backend, Database  Database is designed for scalability CoBuy – Cooperative Buying  Currently there are no tools for splitting.

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Presentation transcript:

 Consists of Frontend, Backend, Database  Database is designed for scalability CoBuy – Cooperative Buying  Currently there are no tools for splitting bulk deals online or offline.  Combines the power of social network space with e-commerce driving tools on a single app  Flips market balance in consumers favor and creates competition for good deals  Local content and customized filtering  Online to Offline (O2O) smartphone application to support all businesses “Share the Deal and Save Your Money” Anku Adhikari, Hao Wu and Zhuotao Liu (aadhikr2, haowu11, Department of Electrical and Computer Engineering Unique Selling Points System Architecture 1.Connect with other users to split bulk buying deals 2.Easy posting/viewing of local deals 3.Single platform with e-commerce and social networking tools: online negotiations, offline transactions 4.Fast search and retrieval of selected local deals 5.Customized content filtering and push notification 6.Trustable system based on user reputation What is CoBuy? Performance Results Business Plan  Improved chat and social connection services  Optimized database subsets for search Future Development API Runtimes100 deals 1000 deals deals getDeal (pag)18ms46ms516ms getDeal27ms190ms2198ms getDeal (search)2.8ms3.9ms14ms postDeal30ms88ms524ms commitDeal28ms52ms66ms denoteInterest23ms26ms38ms unInterest25ms26ms52ms getAllInterest13ms17ms20ms committedDeals12ms18ms22ms Implementation  Targeting the market  Meeting Needs  Building Loyalty  Advertisement  Referral Commission  Customer Feedback  User Incentives Stage 1-Start-up Stage 2-Grow Stage 3-Sustain Launch app at minimal price and initial content Incentives to early adopters, content providers Launch app at minimal price and initial content Incentives to early adopters, content providers Start-up funding. Merchant advertisement to generate revenue Start-up funding. Merchant advertisement to generate revenue Start-up resource investment Promote corporate NPS in few locations Start-up resource investment Promote corporate NPS in few locations Reward new location based content with coupon-points. Reward bulk friend referrals Reward new location based content with coupon-points. Reward bulk friend referrals Support company expansion with profits Sustain minimal app pricing Support company expansion with profits Sustain minimal app pricing Maintain customer base and continue adoption Self-sustaining growth of content by reward system Maintain customer base and continue adoption Self-sustaining growth of content by reward system Increasing app popularity within merchants for revenue Maintaining low app price Expanding corporate resources for scalability Maintaining low app price Expanding corporate resources for scalability Profits from stage 1 Expand advertisements to local store, malls and merchants Profits from stage 1 Expand advertisements to local store, malls and merchants Finance Content & Customer Corporate growth FrontEnd BackEnd Fetch location deals User Networks Client Driven Posting Instant Messaging Reputation System History/activity listing Ruby on Rails MVC design Load Balancing Geolocation Distributed Cache Cloud Storage Event Machine IM Server Ever wanted a friend nearby to split a deal?