HomeLoop: Student-Focused Circular Furniture Marketplace

Rifqi Riadhi

0

Market Researcher

Project Manager

Product Strategist

Figma

Jira

Microsoft PowerPoint

Developed comprehensive business case for HomeLoop, a proposed sustainable digital marketplace designed to revolutionize how college students buy and sell furniture. The platform aims to address critical safety and logistics challenges in the $7B secondhand furniture market while promoting environmental sustainability.

Key Contributions

Conducted market analysis covering 850,000+ students across NYC and Boston
Developed detailed financial models projecting path to $2M annual revenue by Year 3
Created phased rollout strategy for major Northeast universities
Designed product strategy incorporating .edu verification, integrated logistics, and secure payment systems
Projected environmental impact of 132M+ lbs of CO2 offset through furniture reuse in first three years

Proposed Technical Architecture

Mobile-first platform strategy with iOS and Android apps plus web interface
Security features including student verification system
Third-party logistics integration for furniture delivery and assembly
Scalable infrastructure planning for peak usage periods

Projected Business Impact

Target 20% market share across NYC/Boston student furniture resale market within 2 years
Project 9,000+ transactions in Year 1 with 36% user-to-transaction conversion rate
Plan to achieve 25,000 registered users representing 2.9% of total addressable market
Multiple revenue streams through transaction fees, referrals, and targeted advertising
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Posted Feb 13, 2025

Developed comprehensive business case for HomeLoop, a proposed sustainable digital marketplace designed to revolutionize how college students buy and sell furni

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Market Researcher

Project Manager

Product Strategist

Figma

Jira

Microsoft PowerPoint

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