SNAP STATION
Summary
Just A Snap Away!'
It’s a new innovative apps to provide one-stop mobile marketplace that bridge the gap between online and offline.
SNAP is a mobile e-commerce platform that combines most largest IT products with most seller which provides the right tools and services which match with the real needs instead of other general online marketplace.
We can be benefited by selling through this platform as the products would be displayed to a wide range of the right potential buyers with location-based shopping strategy.
Problem
Selling online has always been a hassle from getting delivery, inventory, payment gateways integration and so much more; the average seller or individual looking to sell online has to go through so many processes before they can finally begin selling on the platform.
With Snap Station; we are simplifying that process and creating a reliable, fast and easy to use platform where buyers and sellers can interact and do business.
Solution
By using SNAP, we’re are changing the game to be the online-to-offline player in the market which provide mobile e-commerce platform to bridge the gap between seller and buyer.
Product
It's self-explanatory enough that people who buy it can start using it right away.
Traction
Customer
Business Model
Market
As a result of Malaysia’s internet and mobile connectivity, as well as public sector encouragement, Malaysia has high rates of eCommerce usage. Malaysia boasts 16.53 million online shoppers (50 percent of the population) and 62 percent of mobile users use their devices to shop online. Online shoppers are motivated by price advantages, product range, and availability of reviews. Malaysian shoppers look for free shipping, convenience, and exclusive deals offered by online stores.
Percentage of internet users who report performing each activity in the past month (January 2019)*
- Search online for a products or service to buy – 88%
- Visited an online retail store on the web (any device) – 88%
- Purchased a product or service online (any device) – 75%
- Made an online purchase via laptop or desktop – 44%
- Made an online purchase via mobile device – 58%
Competition
Although they are many online marketplace such as Lazada, Shopee and Carousel. We believe that at the moment we are not directly in competition with them as we are focused more towards IT product landascape which offers a niche in the current market landscape.
Funding
We will be fundraising through PitchIn ECF fundraising platform to raise funds for Snap Station. The fund’s raise will primarily be utilized for our business to grow and scale faster and better.
Our fundraising goal for this campaign will be set at MYR 300,000 - MYR 500,000 in exchange for up to 10% equity.
The Funding receive will be used for:-
- Platform Development
- Marketing
- User & Merchant acquisition
- Working capital
Vision
Our Vision is to be global leaders in providing highest quality, user-centric mobile ecommerce platform that has own instant delivery services.
Mission
Our Mission is to grab at least 70% of the market to be our active users in the first year, and to be the most reliable and efficient marketplace for 3C industry.
Investors
We’ve been bootstrapping the development of the platform and am now looking to grow and scale it faster by opening investment opportunities.
Founder
SNAP is founded in 2020 and and is a startup business of e-commerce application. With 35 years experience from both founders - Shaw Tan (20 years) and Chris Ng (15 years) as the pioneers in 3C industry in Malaysia.
Chris Ng
With 15 years of experience Chris Ng has been exposed to the 3C industry at a relatively young start. With his passion in technology, he hopes that he can expand and grow the adoption of smart solutions to all walk of life.