Lighter

Daily use product, only few companies in the world manufacture lighter, one lighter average price is 0.3 $, and manufacturing cost is 0.06$.
  • Sector Daily Consumption
  • Country Pakistan
  • Founding date November 2018
  • Stage Idea
No one manufacture lighter in pakistan and there's demand of more than 20million lighters in a month, which are being imported from china or other countries, although we can manufacture it in a very low price.

General

Sector
Daily Consumption
Category
Enterprise
Product usage or interact
Hardware-non-wearable)

Business

Customer acquisition strategy
We have planned a marketing tour across pakistan, we have already met many traders and importers who are ready to work with us, we will alao directly go and target the shops/retailers
Revenue model
Advertising and licensing, because here in pakistan these two works.

Market info

Market size
$800,000

Total early investment
$500,000
Shareholder structure
Owner type
Name
Equity
Zafar
Co-Founder
% 50
Smail
Founder
% 50
Investment round
Angel Investment
Investment amount
$500,000
Equity on offer
% 50.0

Team

Mirza Zafar  - Pakistan
Mirza Smail  - Pakistan
Total team member
15
Comment
Last update: 05.05.2020