Business Plan
Pros
- Save Money
- Popular products
- Crowd Sourced
Cons
- Not personalized
- Time-consuming
- Cumbersome
- Focused on small market segments
- Focused on expensive products
- $6B in Revenue
- 12% Growth
- 50% Margins
Market Opportunity
Technology That Empowers Everyone
Target Market
- Adults 18-35
- Parents of school-age children
- Fixed Income
Unique Style
Differentiators
- Focused on low-cost high-quality items
- Personalized
- User-focused
- Feedback Oriented
Technology
- All Pay-Per-Usage Technology
- Machine Learning for Personalization
- Facebook Messenger
- SMS, WhatsApp, Telegram, App
Retailers
Beta Numbers
- 50 Active Users
- 1000 Deals Sent
- 250 Items Bought
- 25% Conversion
- $600 Revenue
- $18 average order
- $0 Expenses (Technology Costs)
- $Too much (My time)
Financial Model
Future Plans
- Full Release: September 2019
- SMS for Full Release
- Referral Bonuses
- Adding Sizing Analytics in Q4
- Add one new retailer a quarter
- Adding Automated Ordering Jan 2020
Long Term Plans
- Retailer Analytics
- Retailer Partnerships
- Private Label
- Other Verticals (Electronics)
- Editorial
- Goals