Top Banner
13

rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Apr 12, 2017

Download

Lifestyle

Rareitis
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts
Page 2: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

VisionTo be a dynamic business platform that will promote and help traditional Indian Handlooms, Handicrafts and Artifacts regain their glory and to enable craftsmen get their due worth.

MissionBecome the top destination for ethnic Indian Handlooms and Artifacts

Page 3: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

The problem

Artisans

Artisans fail to reach their market and also the potential due to

❖ Dominance of middlemen across value chain

❖ Lack of market linkages to the remote areas centered artisans

Customers

Customers looking for quality products

❖ Get spurious and misrepresented products

❖ Not able to reach approved & rated traditional artisans

Page 4: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

SolutionOnline Marketplace with

transparent pricing model for

■ Screened & Approved Authentic

Sellers (Weavers, Artisans &

Designers)

■ Traditional Indian Handlooms

■ Traditional Indian Artifacts

Page 5: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

The Team

Arun NairClose to 20 years of professional experience in Business development & Project Execution. BTech and SMP from IIMChttps://in.linkedin.com/in/arun-nair-b265932a

Anooja VM Sreenath Gopi11 years of experience as

teaching faculty in the domain of IT in

International Colleges in India and UAE

More than 25 years of extensive marketing and advertising experience

having worked with ITC, Mudra, Club FM

https://in.linkedin.com/in/sreenath-gopi-1627bb9

Aravind RVMechanical engineer with

hands-on experience in product sourcing and

material management. Worked with leading

business houses in India & abroad.

Page 6: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

How it works

Page 7: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Milestones

Jan 2017Website Design & Supply Chain tieups Complete, Seller registration and Sale started.

Mar 2017Seed Fund Influx: Avg 3 sales/day. GMV: Rs: 4.Lacs

Dec 2017Opening Overseas Market

March 2018Avg 90 sales/day. GMV : Rs: 1067 Lacs.

March 2019 Avg 175 sales/day.GMV : Rs: 2299 Lacs. Profil : Rs: 29.05 Lacs

Jan Feb Mar Nov Dec Mar Nov Mar

Feb 2017Digital Marketing Initiated. Monthly GMV : Rs: 50K

Nov 2017Completion of first Festive Season. GMV: Rs: 800Lacs

Nov 2018Completion of Festive Season. GMV: Rs: 1500.00 Lacs

Page 8: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Target Market

★ Customers who

seek to buy

products from the

place of origin

★ Migrant Indians

★ Foreigners

★ Connoisseurs of

arts and crafts

★ Festive occasions

★ Marriages

User Acquisition Channels

Quality content, SEOs

Social media platforms

Soft PRs

Digital advertising

Viral Marketing campaigns

Write-ups/articles in select print mediums

Loyalty coupons on referrals and repeat orders

Page 9: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Revenue model

We take average 13.5% commission on each transaction

INR 3600 Average order size

450 Average order per day

600Mn GMV

81Mn Gross margin

Projections 2018-19

Page 10: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Why now?

USD 4.48Bn

market

USD 1.85Bn

export market

Grows @ CAGR

6.9%

Page 11: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Raising INR 2 crores

Use of Funds

★ Supply Chain - Onboarding more producers

★ IT & Backend infrastructure

★ Marketing

★ Working capital

Page 12: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts

Our ContactAnooja International Pvt. Ltd.

rareitis.comKochi (Kerala)

[email protected]@rareitis.com

Mob: +91 9769299406

Thank you

Page 13: rareitis.com: Online Marketplace for Indian Handlooms and Artifacts