Syed Muaz
Transcription
Syed Muaz
Problem Most women have too many clothes/accesories they don’t use anymore, don’t know what to do or where to sell Current solution (garage sales, ebay etc) can be a hassle and takes too much time to sell Women also want to shop their favorite brands at lower price Solution Stylade.com - A web and mobile platform to help women buy and sell pre-loved fashion items easily and safely through our end-to-end solution. Save Time Social Buyer Protection Women’s Only Niche Curated & Personalized Delivery Notification System Market Potential Success Model There are over 1.5 million items sold in Poshmark and over US$350 millions worth of listing in 2013 Market Validation Our co-founder have sold RM17,721 worth of pre-loved fashion items on her blog in 2013 Sizeable Market Online commerce in Malaysia is expected at RM5.76 billion in 2015, and fashion & accessories category is the 3rd largest contributors.* Source: Nielsen & Paypal Analysis, 2011 Business Model Transaction Fee Subscription Based Premium Service 15% revenue on item sold RM30 per month for small boutique owners 35% revenue on item sold Competition General platform, payment generally handled by platform except mudah.my Personal, payment handled between buyer and sellers Mobile and web, Women niche only, payment handled by Stylade to facilitate safer transactions Mobile only, not specific for women, payment handled between buyer and sellers Tractions • Launched Stylade website on June 16th 2014 • As of October 20th 2014: • Total users: 1235 • Total revenues: RM4,278 • Total worth of items listed: RM53,086 Team Profile Syed Muaz Iza Hamid CEO/Developer COO/Marketing Studied computer science at USC, Los Angeles. 6 years experience in mobile app developments services. Built over 30 mobile apps. D3 2014 Hackathon Winner Studied Information System Engineering at MMU, Cyberjaya. 11 years experience in blogging (thepinkstilettos.com), with network of bloggers and 20k followers on instagram Syed Taqiuddin Designer Studied computer animation at MMU, Cyberjaya. 3 years experience in visual effects/animations Fadzarudin Shah Anuar Advisor/Mentor Founder/CEO of FashionValet.com Contact Syed Muaz | CEO + 6 012 215 9601 syed.muaz184 [email protected] twitter.com/smuaz facebook.com/smuaz
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