Photo - Get Outfit
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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
Min investment
$  20.000
Total required
$ 200.000
Rating
equalizer 185 из 1000
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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.

Website address

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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
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address