Academic project / 14
ARCHIVE — A C2C Marketplace for Premium Second-hand Fashion
Building a business model to solve the trust problem in C2C transactions
At a glance
Project overview
Case study content
The problem: when the pre-owned luxury market is missing the one thing that matters most — trust
ARCHIVE is a concept for a C2C e-commerce platform for the premium second-hand fashion market in Vietnam. The project grew out of a real gap in the pre-owned luxury market: a lack of trust and transparency, with risks ranging from counterfeit goods, inaccurate descriptions, deal-breaking, item swapping, to a complete absence of transaction protection. Buyers feared counterfeits or losing money through unofficial channels, while sellers struggled with pricing, reaching the right customers, building credibility, and handling post-transaction risk.
Rather than functioning as just a listing site, ARCHIVE was designed as a Market Creator platform, connecting buyers and sellers through verification mechanisms, escrow payments, and a bid/ask pricing system. The goal was to create a more transparent trading environment with user verification, product moderation, escrow payments, and a dispute resolution system.
Role: market research, seller workflow, and UI/UX
Within a 5-person team, led several areas covering market research, business model analysis, seller workflow design, and UI/UX:
- Defined the target audience and research scope
- Analyzed the seller-side workflow
- Helped build the platform’s value proposition
- Analyzed market dynamics and consumer trends
- Analyzed indirect competitors
- Designed the user interface, particularly the seller-side interface
- Built the platform’s development roadmap
- Wrote the results summary, built the presentation slides, and proofread the full content for quality
The process: from a market pain point to a structured business model
The workflow followed these steps:
- Identify the market problem and rationale for the topic
- Define the target audience and research scope
- Analyze buyers, sellers, and competitor groups
- Design the platform’s operating workflow
- Build the value proposition for the Escrow and Bid/Ask models
- Analyze market dynamics and consumer trends (high-end resale, Gen Z, Millennials, HENRYs, sustainable consumption)
- Analyze direct and indirect competitors
- Design the UI/UX for the user modules
- Build the platform’s development roadmap
- Synthesize the results, edit the report, and prepare the slides
The most invested part was the seller-side workflow and interface. Designing this section required thinking from the seller’s perspective: how would they list a product, get verified, manage pricing and orders, receive payment via Escrow, and build credibility on the platform.
Results
- Completed a business model for a C2C e-commerce platform for the premium second-hand luxury market
- Built transaction workflows for sellers, buyers, and administrators
- Proposed two core value propositions: Escrow payments and a Bid/Ask matching mechanism
- Analyzed market opportunity based on trends in high-end resale, Gen Z, Millennials, HENRYs, and sustainable consumption
- Analyzed direct and indirect competitors to identify the market gap
- Designed illustrative interfaces for the platform’s main modules
- Built a multi-phase development roadmap from MVP to market expansion
What I’m proudest of
This project clarified that an e-commerce idea isn’t built from interface or features alone — it comes from analyzing the market, identifying the core problem, building a revenue model, and designing the entire transaction journey. It also deepened understanding of E-commerce concepts more broadly, particularly marketplace dynamics, trust mechanisms, escrow, bid/ask pricing, seller journeys, and platform strategy.
The biggest takeaway
The project taught how to analyze a niche e-commerce market, how to identify buyer and seller pain points, and how to build a value proposition for a digital platform. It clarified the role of trust in C2C transactions, how to design the seller and buyer journey within a marketplace, how to analyze direct and indirect competitors, and most importantly, how to translate a business model into an interface and operational workflow — understanding the importance of connecting market strategy, revenue model, business process, and UI/UX.
Limitations
The project stayed at the research, model design, and prototype stage and wasn’t implemented as an actual website. Technologies like AI Authentication, Escrow, eKYC, and Bid/Ask remained at the proposal stage. The model wasn’t validated with real users or actual transaction data. Some legal, data security, and dispute-handling questions would need further research before any real-world deployment.
If I did it again
- Conduct an actual user survey to validate market demand
- Build a more complete interactive prototype for buyers, sellers, and admin
- Build more detailed user flows for disputes, refunds, and product moderation
- Clarify the legal questions around Escrow, eKYC, and platform liability
- Add a dashboard tracking operational KPIs such as GMV, conversion rate, listing approval rate, and dispute rate
- If time allowed, build an MVP frontend to simulate a real transaction experience
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