AREA 02 Bid & Sell

October 2021
UI/UX Designer

Build new feature “Bid & Sell” on AREA 02 APP.

About AREA 02


"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.

Background

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.

Feature Goals

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.

User Journey

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.

Confirm Feasibility

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.

Buy/Bid Tab Bar

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.

Error Detection

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.

Useful Information

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.

Convenient Buttons

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.