Photo - Taiwan Win Yen Aromatic Design Ltd., Co.
58741

Taiwan Win Yen Aromatic Design Ltd., Co.

Aroma services with AI/ML and marketing automation

Market: Consulting, Production, Services
Stage of the project: Idea or something is already done

Date of last change: 15.10.2022
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Idea

Driving digital transformation to build aromatic health care platform

Current Status

We are just initiating the ideas and gathering a group of engineers to plan and design the structure of the app. As aroma expert, we have 1200 healing recipes and 240 perfume creations for patents in the future.

Market

We focus on 3 major groups such as mums group of birth giving, aroma/perfume users and aromatherapy adopters around 28-33 yrs. Our TAM is Asia-Pacific and North America. The aroma market is estimated to 8.6 billion in Asia. The online high-end aroma products are not conquered yet. We plan to attack 10% market shares around 860 million USD.

Problem or Opportunity

We aim to help millions of people keep body, mind and soul balanced through technology and aromatherapy.

Solution (product or service)

We apply AI/ML tech to create an app that offers comprehensive aroma service and free consulting to form an aromatic health care platform assisting people get rid of emotional problems/illnesses and manage positive mental situation.

Competitors

We only compare to major aroma/perfume brands and France made. Guerlain and La Chantee. But their products are not 100% essential oils made and don’t provide healing and smoothing functions. They also don’t offer app services that give us a good chance to enter TAM.

As a website service, Look Fantastic offers 400 aroma/ perfume brands and 21 countries worldwide to purchase aroma products. However, we just keep focus to promote Aroma Psalms and use differentiation service values to connect small groups and niche aroma markets.

Advantages or differentiators

Our unfair advantages have accumulated 1200 healing recipes and 240 perfume creations will transfer to patents in the future. The differentiation is that we have abilities to develop AI/ML technology to create advanced aromatherapy auto health services and collect/analyze the data.

Finance

Revenue streams come from 3 part: user’s subscription, sales of aroma series and transaction fees (please see our BP of revenue model)

Cost structure combines: team’s wages, IT infrastructure building, marketing & advertising budget and cost of aroma producing.

Business model

There elements of our BM: first, we provide interactive service of AI/3D alive app system; second, we use free aroma consulting to attract core user subscription and generate cash flow; finally, we gather users data to build a marketplace and cope with cross aroma brands earning transaction fees.

Money will be spent on

The fund using : 20% on team works; 30% on operations; 45% on marketing and advertising

Offer for investor

33% preference shares to investors ( but still need to discuss with each other)

Team or Management

Risks

Not anyone could predict the future correctly. However, we still constantly devote ourselves to the aroma business at 16 yrs and keep moving forward to the next 10 years. We keep improving and let other experts assist us to eliminate time and resources wasting. Also, we shorten the products releasing cycle and do MVP testing to get market fit quickly and directly.

Incubation/Acceleration programs accomplishment

Have registered Silicon Valley in Your Pocket to attend

Won the competition and other awards

Award 2020/2021 the best company image of new startup in China.

Invention/Patent

One of the 240 perfume creations that virus prevent from COVID will pending firstly.

Photos

Photo 1 - Aroma services with AI/ML and marketing automation
Photo 2 - Aroma services with AI/ML and marketing automation
Photo 3 - Aroma services with AI/ML and marketing automation

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