Leverage internet based social networking technologies and an incentive based recruitment strategy to bring a large percentage of fashion industry designers into a single virtual communityThe Business
The Company believes an enormous opportunity exists to leverage internet based social networking technologies and an incentive based recruitment strategy to bring a large percentage of the fashion industry?s new designers into a single virtual community to support their development and create the world?s largest fashion merchandising environment. This online retail environment will showcase designers and allow consumers to buy from sources previously unavailable.
In addition to creating incentives and retail sales for the designers, the Company will also create peer, consumer and industry reviews to recognize the most successful designers and reward them with the most prominent fashion related exposure. Using these reviews, the Company will help the best designers to rise to the top of the industry while capitalizing on their success.
Market
The fashion industry is in excess of one trillion dollars annually worldwide and growing. It employs millions of people and feeds a global demand for goods and services.
The Company will use a multifaceted strategy for generating revenues from the following sources:
Designer Members. As a hub for fashion designers worldwide, the Company will generate revenues from designers through membership fees as well as from added services which those members can purchase to help showcase their products and services.
Consumers (merchandise sales). With what is expected to be the world?s largest collection of designer fashions and goods from independent designers around the world, the Company is anticipating that retail sales through the web sites will be the second largest source of income for the Company behind the Designer generated income.
Third Party Advertising. The fashion industry is one of the world?s largest buyers of advertising media.
Sector: InternetSegment: Social NetworkRegion: North AmericaFinancing Size: $1m to $5mContact: Lee Borschowa
Company: Fashion Pitch Inc.Telephone: +1 403 973 5792Email: [email protected]