Startup Model – Hyperlocal Mobile Marketplace for Used Items

THE MODEL: A platform for users to buy and sell used items in the nearby area.

STARTUP: Wallapop (Spanish startup)

WHAT I LIKE

Core Idea – Hyperlocal classifieds is a good concept as it helps differentiate from the existing players and also increases the chances of deal conversions.

Niche – Focusing on trading items ensures a clear and rich experience for users.

CONCERNS

Competition – Existing players with huge traffic may not find it very difficult to add a hyperlocal section to them.