Campus Furniture Exchange CFX Presentation by team 5

VALUE PROPOSITION

Selling: students moving out Buying: students moving in Customer segment Selling: students moving out Buying: students moving in

Charlottesville Furniture Exchange Buying and selling your used furniture since 2014

Example Survey 1) Do you transport furniture from home to school Example Survey 1) Do you transport furniture from home to school? 2) Do you shop for furniture while at school? 3) What price range furniture do you look for? (A.B.C.) 4) Have you found storage too expensive or difficult to manage? 5) Have you ever sold or tried to sell furniture in Charlottesville? 6) Would you consider buying pre-owned furniture? 7) Present low-fidelity website.

Students Surveyed

One 49 Two 16 Three 7 Four 1 Five+ 2

Price range for furniture Less than $50 2 $100 or less 13 $150 or less 11 $200 or less 12 $300 or less 6 $300+ 7

94% 6%

Would you use the company?   Very Unlikely (1) Unlikely (2) Neutral (3) Likely (4) Very Likely (5) Score Buy 2 1 16 39 (48.8%) 22 3.98 Sell 3 6 10 34 (42 %) 28 3.96 61/80 (76.3%) said they would LIKELY BUY from this company 62/80 (77.5%) said they would LIKELY SELL their furniture to this company

Mid-Late August

CFX SOLD Keep furniture in storage unit and post inventory online SOLD

WEBSITE

Potential for the solution to become a must-have across many university campuses!