35603
Get Outfit
Get Outfit
Belarus, Minsk city
Market:
Internet and IT, Information and media, Services, Artificial Intelligence
Stage of the project:
Operating business
Date of last change:
04.02.2019
startupnetwork.by
Startups and Investment Projects
Get Outfit
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Idea
Get Outfit is a fashionable tech platform delivers personalized outfits for everyone.
Current Status
We had 15 sales last month. We are going to scale and plan to move to a more functional platform.
Market
Middle and top managers 25-45, digital native and as always users of Uber, eat delivery etc.
We are targeting at 15 000 000$ in 2019.
Problem or Opportunity
Save time, save money and look great.
Solution (product or service)
1. Fill out your style profile.
2. Choose outfits you like in a convinient messenger.
3. Get outfits and buy what you like.
Competitors
Stitch Fix
Advantages or differentiators
We haven't got stock and have flexible business model, unique business processes and delivery algorithms.
Finance
Average service check - 90$ (~50% marginality)
Average outfit budget - 400$ (~10%->30% marginality)
Business model
We earn on:
- Comission from stylist services
- Comission from paid orders (clothes, shoes and accessories)
Additional income:
- online stylist school
- Get Outfit Magazine (cpa model)
- partnership marketing (additional services for customers)
Money will be spent on
Platform and algorithms (50%), team extension for scaling (40%) and paid marketing (10%).
Offer for investor
We are ready to discuss it.
Team or Management
Kim Sanzhiev
Owner
Алина Марулевич
Head of Get Outfit Belarus
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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
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Lead investor
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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