lss august 2014
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Lavish Shoestring™
in Partnership with Amazon & Houzz.com
The Largest Source of Vintage & Antique Homewares
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We Take This….
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And We Make It into This….
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Lavish Shoestring™ Goal
Become the major Branded Supplier in the largely untapped and fragmented £10+ billion market of vintage and antique products; of low to middle range value; in home & garden categories; worldwide and cross audiences; fuelled by technology, logistics and customer service.
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Problem
Highly Fragmented Market Supply
Retailers Want but Cannot Get a Hold of Stock
Unsuitable for an average shopper expecting a fast, “no hassle” and “easy to grasp” purchase experience
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Lavish Shoestring™ Solution
1. Smart Buy & Consignment Marketplace - wesource unlimited volumes of stock, efficiently & cost effectively
2. Smart Catalogue - we process products fast on a data intense, self-learning platform
3. Central - we distribute a feed to retailers and control simple logistics chain
4. Smart Product Tag - we collect, control & reuse product data, making it a Big Data
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Distribution Channels
LavishShoestring.comStrategic Partner – Houzz.com ….Marketplaces – Amazon, eBay, Etsy ….eCom Retailers & Malls – WorldStores.com ….Social Sellers – Wanelo, Fancy, Polyvore ….Curated Platforms – Achica, One Kings Lane ….Niche Platforms – Wedding Registries ….Brick & Mortar Retailers – Virtual catalogue
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Our Bootstrapped Achievements
First to MarketStrategic partnership with Houzz.comPilot partnership with Amazon.comGross margin 70%+Robust one of a kind cataloguing system – can
process 1000s items/month, no-skilled labour required
No comparable competitionMajor media publications regularly source our
products
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Raising Early Stage
Scale up the processStock acquisitionZero ad budget
Live Lavish on a Shoestring Budget
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About Lavish Shoestring™
Started operating 2012, Oxford, UKFunding Bootstrapped
Jacob Khokhlov CEO, Co-Founder5 years @ MyThings.com; 2 years @ 62days.com; Sotheby’s LondonOxford University DPhil; Art History & Egyptology
Sharen Custer August VP Merchandise, Co-Founder25+ years in antiques & jewellery tradeVP UK Gemology @ IMC Invest Mining Company
e: [email protected] / p: +44 (0)7903 749 112 / skype: jakobkhokhlovwww.LavishShoestring.com