Re-lic

[Virtual Presenter] Slides. Today we are here to learn more about Re-Lic and how our marketplace can support the community. We are here to share our vision and how our platform can help students manage their belongings and help their peers with waste management..

[Audio] Re-Lic is a team composed of Raahil Thind Joshua Elawitachya Lawrence Pritchard and Max Parks Szymbrorski. Each of them possesses distinct sets of abilities experiences and ideas that can be applied to the university marketplace. Our team is capable of supplying sustainable resources devising imaginative tactics and connecting with local resources in order to assist students in gaining the most from their marketplaces. Re-Lic is devoted to guiding students to take charge of their belongings and look after their peers in a responsible manner regardless of the means such as our mobile app campus events and other available media..

[Audio] Re-Lic works to provide university students with a sustainable platform for managing their possessions. We offer a comprehensive solution for the purchase sale exchange and swapping of used items as well as eco-friendly options. Our goal is to help students save money while also reducing their waste. To make our services available to everyone we have created a mobile app and regularly host campus events. Through these we strive to accomplish our mission of creating a sustainable experience..

[Audio] Issue of fraudulent sellers is a major concern for students looking for a trusted marketplace. With many international students returning to their home countries there isn't a suitable storage facility for their items resulting in expensive items being thrown away into a skip and a financial loss. Re-Lic ensures all marketplace listings are carefully verified enabling students to trust products and services they are buying or lending. We also offer affordable storage services to prevent students losing out on valuable items..

[Audio] UK faces a major challenge with e-waste. Each person generates 24.9 kilograms of e-waste per year higher than the EU average. While 80% of large appliances like fridges and cookers are recycled only one in five of smaller items such as toasters and hairdryers is sent to a recycling centre. To reduce the amount of e-waste electronic items need to be more recyclable and easy ways to do so such as door-to-door collection must be made available. Reports forecast that if current waste management trends continue the UK will have a total of 1.2 million tonnes of e-waste by 2022 making it an urgent matter that we all should act on..

[Audio] As college students we know how difficult it can be to manage your belongings especially when you're transitioning between classes and summer break. That's why Re-Lic offers a comprehensive service to university students that helps make your life easier. Our platform includes a mobile app and regular campus events that cater to university students including first-year and transitioning students addressing their needs and financial concerns. We provide a marketplace for buying selling swapping borrowing and donating items allowing students to sustainably manage their belongings. We understand that college life is much more than just classes and study. That's why we also offer our in-person events to create a sense of community among students fostering engagement on campus. We also buy items at a discounted rate to store over the summer so we can re-sell it during peak times. By tailoring our services to the specific needs of university students Re-Lic provides an efficient effective and sustainable way to help university students manage their belongings and support their peers..

[Audio] Re-Lic offers two services to students seeking to manage their belongings efficently and reduce waste. 'Sell It Yourself' is for those wanting to maximize profits by retaining control of the sale with Re-Lic taking only a small commission. 'Sell It To Us' is for those in need of urgent clearance of goods with Re-Lic taking a large portion of the profits in order to reduce waste and in recognition of the lack of time a seller may have..

[Audio] Our product Re-Lic provides a comprehensive service through an intuitive and easy-to-use interface that can help university students\ to simplify the way they manage their belongings. It also offers incentives to popular sellers to get increased priority on the search pages. We have conducted extensive testing with students to improve the functionality of our product. Furthermore it allows users to connect with other user's listings through private messaging..

Photos of design. 9. SELL LIST NEW ITEM MANAGE LISTINGS PREVIOUS SALES EDIT PROFILE SELLER REVIEWS HELP SEARCH search.. LISTING EXAMPLE LISTING EXAMPLE LISTING EXAMPLE LISTING EXAMPLE PROFILE USERNAME f99.

[Audio] We are aware of the increasing number of international students and the safety factor they consider when selling items. To help manage their waste and support their peers our team at Re-Lic provides a comprehensive service to university students through a mobile app and regular campus events to create a sustainable marketplace where they can buy sell swap borrow and donate items. Let's now see what solutions we have to make this a reality..

Development PLAN. Pitch Deck. 11.

COMPANY OVERVIEW.

[Audio] Our business model centers around our customers; we studied market trends and social media to pinpoint our target desires and requirements and created our product accordingly. It became clear that this market necessitates minimalistic and straightforward products; we are confident that our own product will meet those needs and provide the customer with substantial value..

[Audio] Re-Lic stands apart from other platforms due to its simple and user-friendly design. Its sustainability focus is a key draw for customers. Despite providing different features and platforms Facebook Etsy and Vinted do not have the storage feature offered by Re-Lic making it a standout platform..

[Audio] Re-Lic understands how competitive online marketplace services can be. With our service we strive to provide the same convenience and affordability of platforms like eBay and Etsy while also being more accessible and user friendly like Facebook and Vinted. We also go one step further and provide a layer of support and community building that those platforms don't. As part of our commitment to our customers we take a holistic approach to waste management and are redefining the marketplaces for buying selling exchanging borrowing and donating items. With Re-Lic we are dedicated to creating a safe and sustainable environment for our customers..

[Audio] At Re-Lic we understand the importance of sustainability and are committed to providing an eco-friendly platform for university students. Our platform allows them to buy sell swap borrow or donate items and is specifically tailored to university life as it takes advantage of existing university culture to promote sustainability. It is profitable for our users as they are able to make money by reselling their items while we generate income through commission on every transaction. Moreover our local setting allows for convenient exchanges right on campus plus we offer storage programmes so the items that could have otherwise been sent to the landfill can be resold on the platform..

[Audio] Re-Lic's main tools are its mobile application and campus events. Its fundamental operations involve setting up a platform aiding students with buying selling swapping borrowing and donating items. Additionally the Re-Lic team motivates students to use the marketplace for waste disposal as well as helping their peers. These actions compose a complete strategy to form a sustainable market designed for students..

[Audio] Our gross profit has experienced substantial growth over the three-year period increasing from 50000 to 48000000 to 216000000. Expenditure is split between marketing customer service app development hosting web services storage facilities and graphic designers. In the initial year 70% of our expenses were allocated to marketing 10% to customer service 5% to app development 2% to hosting web services and the remaining funds directed to storage facilities and graphic designers. As our gross profit has grown our expenditure breakdown has been adjusted. During the third year 68% of our budget was allocated to marketing 13% to customer service 8% to app development 2% to hosting web services and the remaining funds to storage facilities and graphic designers. This highlights our successful financial planning and ability to respond to our customers' changing requirements..

[Audio] Re-Lic appreciates that financing is the core of progressing solutions. Our financing sources range from angel investments to property and shares. Specifically Sales accounted for £82000 Angel Investments for £32000 Property for £14000 and Shares for £12000. By bringing these resources together we have a strong financial foundation to power our progress and keep on creating marketplaces to bolster students and the population..

[Audio] Our growth strategy requires us to refine our service and take in consumer feedback to ensure it is running smoothly. We also need to collaborate with storage companies to provide extra space for our inventory. Lastly we can extend our service to other universities across the nation giving our service access to more consumers and offering even more advantages to our business..

[Audio] We hope you found the presentation useful and have a better understanding of our work to curate marketplaces for students. By using Re-Lic's comprehensive services university students can enjoy the ease of buying selling swapping borrowing and donating items on their campus. If you have any questions please feel free to contact us at 206-555-0146 or support@relic.com. For more information please visit our website at www.ReLic.com. Thank you for your attention..