AREA 02 Bid & Sell
Build new feature “Bid & Sell” on AREA 02 APP.
Build new feature “Bid & Sell” on AREA 02 APP.
"AREA 02" is a trusted app/web platform for sneaker and collection trading. It offers a wide range of sneakers for buying, selling, and trading. With secure transactions and verification processes.
Why do we add the functionality “Bid & Sell” into AREA 02?
- The Bid & Sell functionality is an important development goal in this year's company roadmap.
- Reference internationally well-known direct competitors such as StockX and GOAT to confirm the widespread adoption of this feature.
- Teams needs to integrate the Bid & Sell functionality into the interface based on the existing information architecture of AREA 02.
How does "Bid & Sell" value AREA 02 and its users?
- Buyers can use Bid & Sell to put lower bids, while sellers can match the buyers' bidding price.
- Bid & Sell encourages more frequent platform trades and helps to balance market prices.
- Bid & Sell can make the sneaker market more transparent.
The purposes of user journey map:
- Analyzing user flow: It helps analyze the flow of users through the Bid and Sell process on the sneaker trading platform.
- Enhancing conversion rates: It helps identify touchpoints where users drop off or abandon transactions, enabling strategies to improve conversion rates.
- Facilitating collaboration: It foster cross-functional collaboration by providing a shared understanding of user needs and pain points.
To assess the feasibility and prioritize functions outlined in user journey maps, we conduct a meeting with stakeholders and cross-functional teams.
Development limitations include:
- Time: The feature must be developed within a quarter.
- Human resources: With limited team consisting of one frontend engineer and one backend engineer.
By fixing the Buy and Bid switch tab at the top,
- Enhanced user engagement: Supporting intuitive navigation, the fixed tab encourages users to engage with the new feature, leading to increased user engagement.
- Seamless transitions between purchasing methods: The fixed tab facilitates effortless shifts between different purchasing methods, ensuring a smooth and uninterrupted user experience.
By implementing "Error Detection",
- Eliminate bidding errors: The system alerts buyers to potential overbidding or underbidding, eliminating the risk of inaccurate bids and ensuring fair pricing.
- Real-time bid visibility: Buyers are kept informed about the current bid in real-time, enabling them to make well-informed bidding decisions.
- Improved buyer satisfaction: The implementation of "Error Detection" ensures a seamless and error-free bidding process, enhancing buyer satisfaction with the overall experience.
By providing the Current Bid Listing and Price History,
- Informed Decision-Making: Buyers can make informed choices by understanding market dynamics.
- Price Evaluation: Historical price data enables buyers to evaluate the value and market trends.
- Transparency and Fairness: The availability of information promotes transparency, fostering a fair bidding environment and instilling buyer confidence.
By providing convenient buttons,
- Efficient Price Adjustment: Sellers can swiftly adjust the price to match a desired amount by simply clicking the "-$10" or "-$100" buttons, streamlining the process and saving time.
- Quick Bid Matching: With a single click, sellers can instantly match a bid.
- Enhanced User Experience: The presence of convenient buttons improves the overall user experience, providing sellers with intuitive and user-friendly tools to manage their listings effectively.