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Copyright © 2014 Sell it Inc., All Rights Reserved.
2003 
I was in high school… 
2013 
10 years later, after failing at my second startup…
Inconvenience 
The Problem We Are Solving 
The reason most people give up selling their used goods is inconvenience 
Trust 
Trust is not guaranteed in a normal P2P sale 
Suboptimal Price 
Asymmetric information and lack of market data means seller does not get highest price
Seller 
Buyer 
A new kind of commerce platform which sells your used goods for you. 
Re-commerce = Re-Sale E-commerce 
Manages entire process 
The Solution: Re-commerce
Sell it! is the easiest and the fastest way to sell used consumer electronics. 
Selling used goods is an inconvenient and complicated process 
Sell it! intends to disrupt this process through information technology and through innovating the retail and distribution system 
The Solution: Re-commerce
[VIDEO] 
Service Introduction
Choose the category of item you wish to sell 
Select the model 
Check the condition of the item 
User Experience: Selling
Sell it! proposes a price for the item (excluding shipping and handling fee) 
Money is transferred to the user’s specified account 
User Experience: Selling
Follow what you want to buy 
If you follow a particular item, you will be sent a push notification when one is available for purchase 
User Experience: Buying
Shipping & Handling 
User Experience 
We send you a shipping box and reservation code – just put your item in the box, and off it goes! 
Direct Deposit to Your Account 
We quickly deposit the sales amount into the account you specify, through direct deposit! 
We Guarantee the Sale 
We guarantee the sale. If your item does not sell to another buyer within 2 weeks, we buy it!
Sell it! earns a 10% commission on each product sale. 
$20 
Average Commission Average sales price of $200 (smartphone, tablet, laptop) 
$36,000 
Monthly Sales (July) 37% month-over-month growth 
Business Model
LOW User Experience 
HIGH User Experience 
HIGH Trust 
LOW Trust 
Positioning
China and Southeast Asia are the largest markets for smart device sales 
2013 Smart Phone Unit Sales 
400M 
110M 
32M 
Source: Strategy Analytics 
Arbitrage Strategy
Price of used Korea-made smart devices in China and Southeast Asia is on average 225% higher than in Korea 
316% 
186% 
171% 
Price Comparison by Country 
190,000 
60,000 
560,000 
300,000 
1,200,000 
700,000 
Galaxy S2 
Galaxy Note 10.1 
Samsung Series 9 
Opportunity to sell Korean devices in China/Southeast Asia 
Arbitrage Strategy 
Source: Choongo Nara, 85.com, Craigslist 
Korea 
China 
SE Asia
1. Web Crawling by Country 
2. Price Database 
product_id 
time 
country 
Product_name 
Price 
1 
2014.1.14. 14:23 
SG 
Galaxy S3 
170,000 
2 
2014.1.12.12:22 
CN 
Galaxy S4 
240,000 
3 
2014.1.11.19:24 
CN 
Galaxy Note1 
85,000 
3. Price Modeling 
4. Derive Export Price 
5. Forecast Future Prices 
Web crawling in China, Singapore, etc. / 58.com, Craigslist.sg 
Crawling data : Date, Country, Model, Price 
Shipping, handling, FX rate, tariffs used to calculate optimal sales price 
Profit maximization through smart pricing engine 
Arbitrage Strategy: Smart Pricing Engine
HQ 
Hong Kong 
Singapore 
Singapore and HongKong will act as a base for expansion throughout Asia 
No. 1 Re-commerce platform of Asia 
Arbitrage Strategy
Year 
Date 
Milestone 
2013 
Aug 31 
Launched android App 
Sept 3 
1st Product registered 
Sept 11 
Launched iOS App 
Oct 1 
Over 100 products registered 
2014 
Jan 11 
Selected as Google Play Recommended App 
Feb 10 
Over 1,700 products registered 
Feb 17 
Established Sell it Inc. 
Feb 20 
Received seed funding from TheVentures Co 
July 30 
Monthly sales over $36,000 
Milestones
0 
5,000 
10,000 
15,000 
20,000 
25,000 
30,000 
35,000 
40,000 
2013.9 
2013.10 
2013.11 
2013.12 
2014.1 
2014.2 
2014.3 
2014.4 
2014.5 
2014.6 
2014.7 
Average monthly growth rate of sales is 37% as of June, 2014 
Registered goods 
Sales 
Milestones 
USD
Year 
Date 
Milestone 
2014 
Dec 
Ready for service in Singapore 
Mobile/Web Service 
Logistics, Partnership, Tax, etc. 
2015 
Feb 
Establish Corporation in Singapore 
Mar 
Begin Marketing 
Apr 
Beta Test 
Jun 
Launch Version 1.0 
Overseas Expansion Plan
1.Partnership for co-work and developing Southeast Asia Re-commerce Market 
Sales Platform 
Payment Platform 
Logistics Company 
Overseas Expansion Plan: Next Steps 
2.Investment (Series A Round)
Deahyun Kim 
Operating used goods Naver community, 8 years 
E-commerce CEO, 1 year 
Chulwoo Kim, CPO & Designer 
Start-up Product manager, 2 years 
Jihoon Jeon, iOS Engineer 
Co-founder 
Programming, 8 years 
Smilegate Inc. , 3 years 
Hoon Kang, Web & Server Engineer 
Programming, 10 years 
Viki Web front & server programming 
Jungdae Kim, Android Engineer 
Co-founder 
Programming, 8 years 
Lotto Inc, Easyworks Universe Inc 
Changseong Ho 
Co-founder of TheVentures and Vingle 
Co-founder of Viki (Acquired by Rakuten , 2013) 
Jiwon Moon 
Co-founder of The Ventures and Vingle 
Founder of Viki (Acquired by Rakuten , 2013) 
Team 
Investment Advisors 
Our Team 
And join confirmed 
Data Marketer 
Global Manager from Singapore biggest e-commerce company
We are the best experience for selling used consumer electronics 
Vision
THANK YOU. 
Daehyun Chris Kim / CEO & Co-founder M. 010-9969-7184 E. dhkim@withsellit.com F. facebook.com/withsellit

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Sell it Inc's Re-commerce Platform for Used Goods Sales

  • 1. Copyright © 2014 Sell it Inc., All Rights Reserved.
  • 2. 2003 I was in high school… 2013 10 years later, after failing at my second startup…
  • 3. Inconvenience The Problem We Are Solving The reason most people give up selling their used goods is inconvenience Trust Trust is not guaranteed in a normal P2P sale Suboptimal Price Asymmetric information and lack of market data means seller does not get highest price
  • 4. Seller Buyer A new kind of commerce platform which sells your used goods for you. Re-commerce = Re-Sale E-commerce Manages entire process The Solution: Re-commerce
  • 5. Sell it! is the easiest and the fastest way to sell used consumer electronics. Selling used goods is an inconvenient and complicated process Sell it! intends to disrupt this process through information technology and through innovating the retail and distribution system The Solution: Re-commerce
  • 7. Choose the category of item you wish to sell Select the model Check the condition of the item User Experience: Selling
  • 8. Sell it! proposes a price for the item (excluding shipping and handling fee) Money is transferred to the user’s specified account User Experience: Selling
  • 9. Follow what you want to buy If you follow a particular item, you will be sent a push notification when one is available for purchase User Experience: Buying
  • 10. Shipping & Handling User Experience We send you a shipping box and reservation code – just put your item in the box, and off it goes! Direct Deposit to Your Account We quickly deposit the sales amount into the account you specify, through direct deposit! We Guarantee the Sale We guarantee the sale. If your item does not sell to another buyer within 2 weeks, we buy it!
  • 11. Sell it! earns a 10% commission on each product sale. $20 Average Commission Average sales price of $200 (smartphone, tablet, laptop) $36,000 Monthly Sales (July) 37% month-over-month growth Business Model
  • 12. LOW User Experience HIGH User Experience HIGH Trust LOW Trust Positioning
  • 13. China and Southeast Asia are the largest markets for smart device sales 2013 Smart Phone Unit Sales 400M 110M 32M Source: Strategy Analytics Arbitrage Strategy
  • 14. Price of used Korea-made smart devices in China and Southeast Asia is on average 225% higher than in Korea 316% 186% 171% Price Comparison by Country 190,000 60,000 560,000 300,000 1,200,000 700,000 Galaxy S2 Galaxy Note 10.1 Samsung Series 9 Opportunity to sell Korean devices in China/Southeast Asia Arbitrage Strategy Source: Choongo Nara, 85.com, Craigslist Korea China SE Asia
  • 15. 1. Web Crawling by Country 2. Price Database product_id time country Product_name Price 1 2014.1.14. 14:23 SG Galaxy S3 170,000 2 2014.1.12.12:22 CN Galaxy S4 240,000 3 2014.1.11.19:24 CN Galaxy Note1 85,000 3. Price Modeling 4. Derive Export Price 5. Forecast Future Prices Web crawling in China, Singapore, etc. / 58.com, Craigslist.sg Crawling data : Date, Country, Model, Price Shipping, handling, FX rate, tariffs used to calculate optimal sales price Profit maximization through smart pricing engine Arbitrage Strategy: Smart Pricing Engine
  • 16. HQ Hong Kong Singapore Singapore and HongKong will act as a base for expansion throughout Asia No. 1 Re-commerce platform of Asia Arbitrage Strategy
  • 17. Year Date Milestone 2013 Aug 31 Launched android App Sept 3 1st Product registered Sept 11 Launched iOS App Oct 1 Over 100 products registered 2014 Jan 11 Selected as Google Play Recommended App Feb 10 Over 1,700 products registered Feb 17 Established Sell it Inc. Feb 20 Received seed funding from TheVentures Co July 30 Monthly sales over $36,000 Milestones
  • 18. 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 2013.9 2013.10 2013.11 2013.12 2014.1 2014.2 2014.3 2014.4 2014.5 2014.6 2014.7 Average monthly growth rate of sales is 37% as of June, 2014 Registered goods Sales Milestones USD
  • 19. Year Date Milestone 2014 Dec Ready for service in Singapore Mobile/Web Service Logistics, Partnership, Tax, etc. 2015 Feb Establish Corporation in Singapore Mar Begin Marketing Apr Beta Test Jun Launch Version 1.0 Overseas Expansion Plan
  • 20. 1.Partnership for co-work and developing Southeast Asia Re-commerce Market Sales Platform Payment Platform Logistics Company Overseas Expansion Plan: Next Steps 2.Investment (Series A Round)
  • 21. Deahyun Kim Operating used goods Naver community, 8 years E-commerce CEO, 1 year Chulwoo Kim, CPO & Designer Start-up Product manager, 2 years Jihoon Jeon, iOS Engineer Co-founder Programming, 8 years Smilegate Inc. , 3 years Hoon Kang, Web & Server Engineer Programming, 10 years Viki Web front & server programming Jungdae Kim, Android Engineer Co-founder Programming, 8 years Lotto Inc, Easyworks Universe Inc Changseong Ho Co-founder of TheVentures and Vingle Co-founder of Viki (Acquired by Rakuten , 2013) Jiwon Moon Co-founder of The Ventures and Vingle Founder of Viki (Acquired by Rakuten , 2013) Team Investment Advisors Our Team And join confirmed Data Marketer Global Manager from Singapore biggest e-commerce company
  • 22. We are the best experience for selling used consumer electronics Vision
  • 23. THANK YOU. Daehyun Chris Kim / CEO & Co-founder M. 010-9969-7184 E. dhkim@withsellit.com F. facebook.com/withsellit