Online platform, orders of custom-made furniture with VR
Ukraine, Odessa region
Market: Production, Trade, Franchising, Virtual and Augmented Reality
Project stage: Prototype or product is ready
Also this project:
-
Find investments
- Participate in the Unicorn Battle
Idea or High Level Concept
online platform, which unites furniture producers and artisans all over the world, and provides to customers the chance to make online orders of custom-made furniture through VR constructor
Territory of the product or service implementation
Ukraine
Traction and Current Status
We have tested MVP with $400k revenue We need to develop our platform to start agressive scaling
Problem or Opportunity
Nowadays, buying custom-made furniture is OFFLINE That's the problem for customers: Expensive - up to 50% costs of this industry are spending to offline sellings Long terms of production - more than 3 monthes of waiting Be ready to run through the stores - 3 stores by 6 hours
Our MVP (Mobiform.store) have already sold 200 kitchens through online constructor with average check $2000 in Odessa, Ukraine
Solution
Solution for customers with Mobiform.store
20% more cost efficency, because we kill the man in the middle Delivery in 7 days, because robotic production works without humans 24/7 Through smartphone or VR helmet in virtual interior you make your custom-made furniture by your own hands and make an order online
https://www.youtube.com/watch?v=vDnpgLkLtkE&t=12s
Customer Segments and Market
Furniture world market size $510b
Revenue Streams and Cost Structure
Mobiform business model: Franchise and % of revenue (furniture UBER)
In each city we will find furniture robotic producers and connect them to our platform
To artisans and big resellers we will propose our unique product (franchise, ROI - 200%) – queue of buyers, that already ordered online their custom-made furniture through Mobiform
Our expectations of future sales: Our mathematic based on our tested MVP: 2020 - 1 franchisee - Odessa - $400k revenue 2022 - 50 franchisees multiplied by $400k = $20m 2023 - 200 franchisees multiplied by $400k = $80m 2024 - 1000 franchisees multiplied by $400k = $400m 2025 - 6000 franchisees multiplied by $400k = $2,4b 2026 - 30000 franchisees multiplied by $400k = $12b
Business Model, Chanells, Metrics
Mobiform business model: Franchise and % of revenue (furniture UBER)
In each city we will find furniture robotic producers and connect them to our platform
To artisans and big resellers we will propose our unique product (franchise, ROI - 200%) – queue of buyers, that already ordered online their custom-made furniture through Mobiform
Our expectations of future sales: Our mathematic based on our tested MVP: 2020 - 1 franchisee - Odessa - $400k revenue 2022 - 50 franchisees multiplied by $400k = $20m 2023 - 200 franchisees multiplied by $400k = $80m 2024 - 1000 franchisees multiplied by $400k = $400m 2025 - 6000 franchisees multiplied by $400k = $2,4b 2026 - 30000 franchisees multiplied by $400k = $12b
Competitors and Existing Alternatives
IKEA
Advantages or differentiators
Our platform today - its unique chance for customers to buy custom-made furniture online through VR constructor
Risks
The most risk - is copying of our business model by competitors. So we need to scale faster then competitors.