Problem Statement
There are many appliances that aren’t worth outright buying and end up
being used only a few times a year i.e.(pressure washer). They also end
up becoming a pain to store. What we are addressing is two problems:
-
People who need an item i.e. (a power washer or a leaf blower), but
don’t need to, don’t want to, or can’t buy one outright
-
People who have an item, don’t want to permanently sell it off, but
desire a way to turn unused possessions into passive income.
Problem Characteristics
- The appliance/product is too expensive
- Household appliances are difficult to store
-
Appliances like a pressure washer are only used once or twice a year
- It’s inconvenient to find a store to rent from
Solution Statement
Shared Goods is a service that will offer consumers the opportunity to
rent out items they don’t need and in turn rent items they do need. This
application will allow for a more competitive renting market and become
a way to generate income.
Solution Characteristics
-
An item can be rented through the Shared Goods Website for a lower
price than buying the item and more convenient to access
-
If the item is being rented, then there is no reason to worry about
long term storage
-
Lending out your rarely used items will make use of them when you
don’t need them and will generate passive income
This application will not:
- Directly rent items out to customers
- Handle purchasing/selling of items
- Handle the payment process
- Store the item to be rented
-
Send middlemen to ensure the transaction occurs as agreed upon
Feasability Presentation
Design Presentation