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Published byMeryem Kashani Modified over 5 years ago
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Products & Services Olive & Honey started as a hobby of buying, re-styling and re-selling vintage denim through Instagram in 2017
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PRODUCT Olive & Honey offers unique items to clients based on their size and preferences. E-commerce business offering a wide selection of vintage items Each piece tells it’s own story
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Market Analysis According to Shopify, the number of potential e-commerce customers will grow more than 1.2 million by (2018) The majority of this audience will be between the ages of 16 and 34 years old
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2018 ROI
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2018 Sales by Product
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Competitors Current Future
Vintage clothing lines that buy and re-sell Future E-commerce apparel companies Substantial competition Olive & Honey will offer consumers trendy apparel while providing high quality materials and quality customer service
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Operating Strategies ORGANIZATIONAL STRATEGY OPERATIONS STRATEGY
SERVICE QUALITY CUSTOMER SERVICE, FREE SHIPPING & FREE RETURNS. PRICE AFFORDABLE COST TIME ON-TIME DELIVERY- RESPONSIVE CUSTOMER SERVICE QUALITY HIGH QUALITY USA MADE APPAREL DIFFERENTATION: COMMUNITY INVOLVEMENT PR EVENTS AND MARKETING STRATEGIES. RECREATIONAL EVENTS DIFFERENTATION: INNOVATIVE ITEMS ARE CHANGING AS THE TRENDS CHANGE. UP-TO-DATE APPAREL DIFFERENTATION: LOCATION CONVENIENT- AVAILABLE TO ANYONE THROUGH E-COMMERCE.
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PERSONALIZED SHOPPING EXPERIENCE
Marketing Strategies EVENTS COLLABORATIONS SOCIAL MEDIA PERSONALIZED SHOPPING EXPERIENCE PACKAGING
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Current Management Team
Founder & CEO- Olivia Goff Maintains all aspects of Olive & Honey including but not limited to managing all monetary transactions, marketing, advertising, social media management and building relationships with consumers
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Future Team Future Olive&Honey Team Other critical partners
Customer Service Team Social Media & Events Management (website, social media accounts, creating/maintaining events) Other critical partners Manufacturers Influencers
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Sales Forecast Year 0 (past year) Year 1 Year 2 Year 3
No. of customers 62 100 300 600 No. of Items Sold 160 480 960 Average Price $35.00 $60.00 Revenue $3,500 $9,600 $28,800 $57,600 Estimates based on 1.6 items purchased per customer
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Income Statement Income Statement Year 1 (175 orders)
Sales $9,600 $28,800 $57,600 COGS (manufacturing and shipping) $4,656 $12,106 $17,906 Gross Profit $4,944 $16,694 $39,694 Overhead (utilities, rent etc.) $102 $2,502 Net profit $4,842 $16,592 $37,192
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Balance Sheet Balance Sheet (EOY) Year 1( 175 orders )
Cash for business $3,940 $17,430 $55,170 Inventory (based on having 5% of inventory remaining) $ (9 items) $ (24 items) $ (33 items) Web Domain (prepaid) $102.00 102.00 Total Assets $ 4,222 $18,017 $55,932 Owner Equity $4,222
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Cash Flow Cash Flow Statement Year 1 Year 2 Year 3
Beginning Cash Balance $2,000 $3,940 $17,430 Sales $9,600 $28,800 $57,600 Expenses $7,660 $15,310 $19,860 Ending Cash Balance $55,170
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Potential Market Risks
Fast fashion Pressure from consumers Customer returns, disputes and chargebacks
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Offer Offer: 30% for $100,000 Current estimates based on personal equity
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