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Apply HN: Wantobuy – Post items you want so sellers can sell them to you

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Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#1
Demo: http://www.wantobuythat.com/demo.html

Problem: Within online trading forums, including Facebook Groups, users post what they want in the hope that sellers will get in touch and make the sale. Yet, these 'want to buy' posts aren't standardised or searchable so it's impossible for sellers to see your post and for you to get the items you need.

This issue is bigger than just online communities too, there's currently no central hub for people to post what they want to buy which is viewable to sellers.

Wantobuy: We're standardising 'want to buy' posts so that if you're selling something you can see who wants to buy it, how much they're willing to pay and then sell for the highest price. We're taking this one step further and once users post something they want we'll search top retail platforms (Amazon, eBay etc.) to see if it's already available online and show the user 'wheretobuy' it.

About us: Jack (21) and Sam (22) who have known each other for 11+ yrs and built stuff together in the past (Check out Spaces, which we got to 30th on the App Store without spending any money - http://needa.space). We're big on sneaker and streetwear Facebook groups (yes, we have camped out for sneakers a few times..) and so will target these first before scaling to further product categories. We're applying because we're determined to learn from the YC network, plus we're about to graduate so the money would massively help us survive whilst we build Wantobuy.

So far: Over the past few months, we've interviewed Facebook Group admins, given them a demo of the app to play with and received extremely useful feedback.

Any feedback, questions or comments would be super useful too!

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#2
This is pretty cool. I've seen some startups try to tackle this (sorry don't remember the names) but I haven't seen someone actually make the search standardised.

My recommendation would be to make sure people are not giving custom names to stuff but rather choose from a list. This would make the whole searching thing much easier.

Good luck!

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#3
This is cool. I tried to do something when Groupon was hot. I had a site that was a Groupon just for travelers.

As we already had all the tools, we thought it would be easy. The idea was to bring together many people who wanted to buy something and then try to negotiate a better price with the dealer. Neither worked. Do something with big scale is very complicated.

I think only two people negotiating could work. As proven by facebook groups that are horrible =). If you do something with a better UX, than the Facebook, and guarantees for both, I think will work.

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#4

This is pretty cool. I've seen some startups try to tackle this (sorry don't remember the names) but I haven't seen someone actually make the search standardised. My recommendation would be to make sure people are not giving custom names to stuff but rather choose from a list. This would make the whole searching thing much easier. Good luck!

Great shout, you're right. I think it's about finding a balance between standardising the listing as much as possible but allowing for people to post any item they're after.

Cheers!

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#5
post #3

This is cool. I tried to do something when Groupon was hot. I had a site that was a Groupon just for travelers. As we already had all the tools, we thought it would be easy. The idea was to bring together many people who wanted to buy something and then try to negotiate a better price with the dealer. Neither worked. Do something with big scale is very complicated. I think only two people negotiating could work. As p…

We were thinking of expanding into something similar eventually related to group buying. Were you focused B2C? We were considering looking into B2B but as you say, I can imagine the complications involved!

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#6
This approach makes sense. I also think that sneakers (or streetwear in general) would make for a pretty compelling initial market. You'll obviously encounter the chicken-and-egg problem with this platform, so it would probably be good to try and hack one side of the market. In that light, definitely keep working together with the admins of these huge Facebook groups (I reckon you're in Basement, Supreme Talk, Palace Talk?!). These 40k+ groups make for an incredible opportunity to engage with your target audience. Hell, to get initial traction just raffle a pair of Yeezy's, Air Mags, or that new Gosha among the people that sign-up.

One thing I'd do differently though is start out with a website (vs. an app). It's very true that Facebook doesn't have any form of domain-specific search fields. But it's very accessible. I realize that n = 1 here, but the friction in having to download another separate app to my phone would be too high for me to switch from using the different Facebook groups. I think you'd want to make it as easy as possible to access your solution (or at least submit WTB requests) in order for this to take off. In that light, a website would be much better I think.

On another note, here's a really good read on why Facebook may help you out a lot, but would also most likely be your biggest competitor: http://alexmuir.com/facebook-is-the-new-excel

Anyway, very cool. Happy to chat more if you like -- I'm at aron@wanderlust.ly.

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#7
post #6

This approach makes sense. I also think that sneakers (or streetwear in general) would make for a pretty compelling initial market. You'll obviously encounter the chicken-and-egg problem with this platform, so it would probably be good to try and hack one side of the market. In that light, definitely keep working together with the admins of these huge Facebook groups (I reckon you're in Basement, Supreme Talk, Palace…

Cheers for the feedback Aron!

Yeah, we're both in so many Facebook groups our newsfeeds are purely streetwear posts! As you say, the challenge comes when we want to get people onboard. The great thing is that these WTB posts already exist within the groups so I'm sure we can find a way of getting these on our platform in the beginning so we at least have the supply side of things covered. Yeah you're right, raffling a pair of Yeezy's would get everyone and their mum to download the app - something we'll look at down the line for sure.

I hear what you're saying about the website and we are looking to get something decent up before too long, however from talking to members, a growing number of people are using the Facebook Groups app to get their 'fix' of streetwear throughout the day, so an app would seem like the natural progression there. I do understand what you're saying and we'll certainly look into the desktop presence asap.

Great stuff, thanks again - I'll ping you an invite to test the app so far if you're interested?

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#9
post #8

Hey guys, this is a really interesting idea! One question - i'm new to the wtb concept, and i'm not a member of any facebook groups so i'm curious as to why someone would post a wtb instead of shopping around online?

It's Sam here...there are 2 main types of wtb post:

1. Items you cant find anywhere - they may be rare or in limited quantities such as a pair of Nike Air Mag sneakers. In this case you'll be better placed to find your ideal product.

2. When you don't know exactly what product you want - people create 'want to buys' for generic items e.g. 'a black trucker hat'. This way, wtb posts can actually aid product discovery and make the whole shopping experience easier and less effort since sellers are coming to you and not the other way round!

Thanks!

Re: Apply HN: Wantobuy – Post items you want so sellers can sell them to you

#10
This concept is really solid. There’s a massive gap in the market to help standardise the 'want to buy' posts. I'm constantly manually searching across multiple selling platforms when i want to pick an item up for that best possible price - usually just scrolling away..! That and checking prices for items i already own & could be tempted to sell, I even got pm'd with a ridiculous offer on some old beaters i posted on a group as a joke!

Price is really key! For myself, a lot of the time i tend to try and avoid the hype / overlook resellers looking a mad price for highly in demand shoes or products. These posts and groups stand out for me within the second hand market. Individuals looking to trade/sell the items they own second hand with around (8/10) wear & a dropped price in mind. Someone buys, doesn't wear as much as they thought they would, sees something they might wear more?, sells on to someone else on a budget they can afford.

Everyones fashion taste is evolving and this idea of the 'two lunch tables' working together, buying, wearing, selling on, especially with high end products is enabling more and more people to get into the GAME! Focusing on this second hand market would be ridiculously useful and really pushing for an organised 'want to buy' community would be a game changer. Just got to have an influx of sellers onboard who aren't looking to resell for retail (or higher)

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