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Welcome to Easybid !!!! We are one stop source for all your electronic product needs. We deal with electronic components, systems, subsystems, educational kits, test and measuring instruments, EDA tools etc. Easybid was founded by a group of Internet entrepreneurs to help electronic component buyers easily locate the best deals from the best catalog supplier for each particular request. Our team of experts analyze the various suppliers sites based on a number of strict criteria and only include companies that are truly offering great service and value to customers

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Page 1: Business canvas

Welcome to Easybid !!!! We are one stop source for all your electronic product needs. We deal with electronic components, systems, subsystems, educational kits, test and measuring instruments, EDA tools etc.

Easybid was founded by a group of Internet entrepreneurs to help electronic component buyers easily locate the best deals from the best catalog supplier for each particular request.

Our team of experts analyze the various suppliers sites based on a number of strict criteria and only include companies that are truly offering great service and value to customers

Page 2: Business canvas

• These are then sorted according to the likelihood that they will offer the best buying options for that particular request.

The top 2 to 3 options are highlighted for the user but the entire universe of eligible sellers is also made available.

The goal of Easybid is to be the trusted source of the best sourcing information for consumers regardless of the Electronic products they are looking at.

• WHY WE NEED TO BUY FROM EASY BID ?• The answer is very simple. We are a serach engine for all leading suppliers

of eletronics components in the world. Just type the part number and we search for you the best price and place to buy the items. Be assured for genuine product with best price and place to buy !!!

• WHY NOT GIVE US A TRY????

Page 3: Business canvas

• Our Key Partners:

• Element 14DigikeyRS componentsMouserJamecoAllied Electronics

• All our partners are world leaders and are largest inventry holders. They can ship out to most of the countries either on the same day or on the next day. Delivery of items in your country depends on various country laws and can take from 3 days to 10 days.

Page 4: Business canvas

• Search By Manufacturer : • Search By Product:• Search By Part Number: TP114• Results:

Your search results are as follows:

TP114 --- Function genarator Tektronix Make:

Element 14 Price : US$1220 --- Exstock 20nos --- Buy Now

Digikey Price : US$1226 --- Exstock 3 nos --- Buy Now

Applied Electronics Price : US$1220 --Exstock 15nos ---Buy Now

Page 5: Business canvas

Face to Face Interviews with Customers

• We had some great interviews by personally meeting few people in the industry in Private, Global, SME, Govt and Education and also on telephone with some of them. We spoke to around 12 to 15 people for the feedbacks and listing down few of them:

• Mr.A , Sr.Manager Purchase @ Defence Manufacturing company:• Me: How do you buy your electronic components ?• Mr.A : We generally search online and send enquiries to all potential suppliers and wait for the quotations to come

and then we decide on the price, quality and delivery shedule.• Me: Is it not a tedius process?• Mr.A : yes it is and many time we do not get good response from some of the big suppliers. They expect us to

place orders on their websites directly.• Me: Did you understand our concept of electronic products search engine?• Mr.A: Yes it looks good and what i understand is from one click i can get the best price details along with delivery

schedule from various sources. It makes my life simple by not wasting my time searching in many websites.• Me: Would you consider placing orders from our website?• Yes. I would like to place a trail order first and if it really works out i would recommend it to my other collegues.

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• Mr.S... Team Leader - Embedded Testing in a Global Engineering company

• Me: Good Morning Mr.S.• Mr.S : Good Morning• Me: Today i am here to discuss with you on my prototype project idea and thanks for your time.• Mr.S : You are Welcome.• Me: How do you meet your testing requirements after you make your electronic desing?• Mr.S: We normally try to test with what ever we have in our lab. The new equipments are required always as the technology

is changing so fast and so does our testing requirements.• Me: How do you buy your test equipments?• Mr.S : We generally go through various websites and learn what are the latest test equipments available in the market and

then study them.• Me: How do you like an idea of getting all the information at single place with price comparision too?• Mr.S : That sounds great !• Me: You can use our website easybid and then get all necessary technical details and prices at single click.• Mr.S: Well i appreciate your idea but i would only be worried how often do you update your website with latest products?• Me: Nothing to worry on that. All the partners we work with are world renowned and are authorised distributors worldwide.

They would be updating very often.• Mr.S: OK let me try once your website is up and how best it works. I would be very much pleased if it works the way you said

and shall be good use for me.• Me: Mr.S : Any suggestions for us to provide a better service to a customer like you?• Mr.S : Yes... i would suggest proactively if you could send Edms ( emailers) on new products released it would be great to

customer like me.• Me: Sure... and thanks for your valuble inputs.

Page 7: Business canvas

• Dr.P .. Dean at Leading Engineering College

• Me: Hello Sir, How are you doing and thanks for providing me time.• Mr.P: You are welcome.• Me: Sir, As as ex student of this college today i am here to take your opinion on one of the projects i am

working on.• Mr.P: Ok.. Pls go ahead.• Me: We are developing a prototype website called Easybid which is a search engine for all buyers at a click

of a buttom where we provide you search results from various catalog suppliers and manufactures at a single place with price and delivery terms. All you need to do is just type in the product you are interested or part number or manufacturer name and we shall provide you all details.

• Mr.P: Does this not sounds like a airticket search engine?• Me: Yes sir, it is almost based on the same concept but here our job does not end with just a sale. we

provide you with latest technical happening in the technogoloy arena, support you if any waranty issues arise etc.

• Mr.P: How do you think it would help an engineering college like us?• Me: In colleges sometime you have projects where you have a need of very low quantity. If you approch

directlu the manufacturer they might not be in a position to support low quantities. There we will help you as all our partners are big stockists and with no minimum quanity of price requirements.

• Mr.P: Thats Good. We really find it difficult sometimes to get pass such requirements. We shall surely use your website. I would suggest you to expand your activity not just to electronics but to other fields like software, civil, chemical, life sciences fields too.

• Me. Thanks sir for your suggestions and time.

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• Mr. K.. Purchase Manager - Government sectorMe. Good morning. I have breifed you on phone on the services we provide for your electronic components and other purchase needs. What is your opinion on such website?Mr.K. Well while i appreciate your idea of purchasing online by comparing various catalog manufacterers prices in a single place, we being government organisation we are bound by certian rules and regulations of floating a tender and accpeting bids and finalising. Even though your service looks good but it is not feasible for us at this moment and i cannot comment anything more on this.Me : Thank you Mr.K for your stright forward answer and we lookforward in future if we can be of any use.