(ENGG 168) Business Pitch
(ENGG 168) Business Pitch
(ENGG 168) Business Pitch
B U S I N E S S
Streamline your fashion and get creative
with what you wear everyday– without
breaking the bank.
Meet Lisette
Lisette is working in a corporate setting and just
started her career. She enjoys dressing up and
wants to keep up with the latest fashion trends.
However, these fashion trends are rapidly changing
caused by the rise of social media and the
continuous stream of influencers that she gets
exposed to on a daily basis. Because she just started
her career, she has limited disposable income
Outfit of the Day
(OOTD)
The Market
In Metro Manila, there are around 1.5
million young professionals like Lisette.
According to research, that age range of
25-34 year olds takes up 52% of online
shopping in the Philippines, and majority
of their purchases are clothes and
footwear. This means that young adults
are constantly buying new clothes to
keep up with these ever-changing
trends, but this type of consumer
spending perpetuating just isn’t
sustainable if you have limited income.
CLOTHING RENTAL SERVICE AI SEARCH ASSISTANT
Customers can pay for a subscription plan each Integrated into VogueVault’s search engine to
month and receive clothes of their choosing from our produce more search results aligned with the
collection that they can wear for the entire month. query of the user.
The Subscription Plan
Product and Business Model
Basic Plan
Five pieces of any clothing of your choice for P1600
Vacation Add On
Three additional pieces of clothing for an extra P800
Event Add On
One piece of formal wear (suit, dress, gown, etc.) for an
extra P2000
Partnerships
There has recently been a rise in local
clothing brands on social media that have
limited advertising budgets. Through this
partnership, their apparel can be added to
our collection and their brand can be
promoted to a wider audience.
Marketing
Online marketing as main strategy
Youthful target demographic
High media consumption
Influencer and Social Media driven campaign
Primary Platforms: Facebook and Instagram
Focus on Fashion related influencer sponsorships
to create clout and support for the service
Primary Motif: Shopping with a friend for ball event
Except Friend is an online chat bot
Purchasing/renting formal wear much cheaper
Highlights features of product
Development by quarters
1st 2nd 3rd 4th
Subscription starts at 20, Investment on Studio and Investment on Subscriber spike due to holidays
growing at 5 - 10 per quarter expenditure (rent, wifi, Sponsorships and release Investment on Employees to
Storage and maintenance electricity, etc) of Social Media Campaign maintain clothes in storage
shouldered by partners
Inital Expenditures (Licensing,
Supplies, Inventory)
Delivery outsourced
Initial Capital
500,000
400k = Initial Investments
Cost for registering the business, buying a domain for the website,
stocking up on clothing inventory and supplies,
www.voguevault.com