Nigeria
Market: Information and media, Culture and art, Logistics and warehouses, Trade, Services
Stage of the project: Idea or something is already done
This is platform that helps sell, distribute and connect the irreplaceable variables brands in the fashion industry, which are the Fashion designers, modes, photographers and makeup Artist.
Current Status
Company has been registered at CAC. Branded delivery bags have been made, the platform for operations (the website) is being developed.
Market
Potential market is between the ages of 13yrs and above in Africa and the world at large. The company sells brands affordable for all classes. It plans on establishing world wide delivery
Problem or Opportunity
This company is creating opportunities for models, photographers, designers and makeup artist reach a larger audience, and also connect with each other, because they coexist in the fashion industry, it also creating job opportunities for the public surroundings of the business. Because the business needs to hire people to function and expand.
Solution (product or service)
The Company sells Nigerian brands; designer brands, models brands, photographer brands and makeup artists brands. Helps start up already made designers focus mainly on the important, which is designing; the company would handle product shoots, shipping and distribution. For models, photographers and makeup artists. It helps increase their audience and brings them closer to their potential market.
Competitors
There is no direct competitor. Alternative reach include social media, word of mouth, model agencies; for modes photographers and makeup artists. For the Designers section the direct competition includes; gramspot, ASOS, Shop 365.
Advantages or differentiators
The main Advantage of this company is that brings all fashion industry variables to a point, no need to run and search, every variable is available to the budget at hand. At this point in time, based on research there is no company that sells the brands the company intends to sell, and there is no garantee that the idea cannot be copied. But the passion and vision cannot be copied.
Finance
Pricing is affordable for all classes of the general public which is between $2 and $1000. In 5years sales are projected to be above $1000000.
Business model
Revenue resource is achieved by a percentage take in every sale made through the platform.
Products are human beings (brands) which is are in high numbers.
Customer base is always existent because people would always need clothes, designers and photographers would always need models, and vice versa, occasion would always need photographers and makeup artists such as weddings, graduations naming ceremonies. The customer base is infinite and grows everyday
Money will be spent on
Start up Capital
Warehouse acquisition
Courier services
Product shoot
Branding
Logistics
Marketing.
At this point, the only risk foreseeable is trust of the public which can be easily eradicated with staying true to our word, diligence, good feedback and proper marketing.