Photo - Light
56756

Light

Backlighting in a woman's purse will make millions of women

Germany
Market: Trade
Stage of the project: Prototype or product is ready

Date of last change: 05.04.2022
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Idea

Make it easy to find things in a woman's purse in dark places

Current Status

The prototype has already been created

Market

All women between the ages of 16 and 65 who use bags.

Problem or Opportunity

The client is any woman at the age range of 16-65.

Each woman is facing the issue of finding something into a bag in the dark room or at the night time.
Project "Light" will make millions of women happy.

Solution (product or service)

Handy and compact backlight in the bag

Competitors

No alternatives for now

Advantages or differentiators

Easy to use
Multiple design options for different bags are possible
Easy to market
Every woman understands the benefits she gets

Finance

Revenues are generated through sales via the Internet, marketplaces, and streams of popular bloggers.
Costs:
1. Advertising
2. Production
3. Marketplace services
4. Services of bloggers
5. Logistics
The total percentage of costs is assumed to be 40% of the price of

Business model

B2C

Money will be spent on

PThe investment will be spent:
1. final design.
2. 3D documentation for production
3. Production
4. Advertising
5. Organization of a small management officeroduction of the first batch of goods and an advertising campaign

Offer for investor

Suggestion to the Investor:
1. Loan - 35%+
Loan repayment 8 - 12 months
2. Share in the company 5 - 10%

Team or Management

Risks

Risks are minimal, since there are no real competitors on the market.
Since the project is aimed at the markets of developed countries - the implementation of the product will always be at a maximum.
Promotion strategy - aggressive, powerful, on the best world trading floors.

Incubation/Acceleration programs accomplishment

Since the project is at the stage of a finished prototype and is well-developed, additional training is not necessary.
We need to finalize the final design of the product with the help of a design company and prepare 3D documentation for the production of the molds.

Won the competition and other awards

Didn't participate in any contests

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation