lord-K Afri-fashion

We blend African values with glamour.
  • Sector E-commerce & online marketplaces, Fashion
  • Country Cameroon
  • Founding date January 2020
  • Stage Paying users
lord-K Afri-fashion is an African fashion brand responding to the lack of Glamour and rsing demand in African fashion designs by blending African values with glamour using a coputerised design tool which is very effective and cost efficient. We aim at projecting african fashion on a global stage.

General

Sector
E-commerce & online marketplaces, Fashion
Category
Enterprise
Product usage or interact
Mobile/Tablet (iOS), Mobile/Tablet (Android), Hardware-wearable)

Business

Target customer
Youths and celebreties
Customer acquisition strategy
Social media advert and deals with brand ambassedors
Revenue model
We intend to invest $160 on Facebook ads and post boosting to reach a bigger market. We are proposing 10% commission to our distributors: commercial cost. Our primary market channel is online and entails data subscription of $20 per month. Licensing is yet to be done which is about $400 in Cameroon. As for our transactions, every order is placed with 50% payment which is production cost and the remaining 50% paid upon completion, constituting gross profits. Delivery expense burned by the client.

Market info

Market size
$7
Competitors
Competitor name
Competitor website

Total early investment
$6,000
Shareholder structure
Owner type
Name
Equity
Kingsly Mbuli Njebah
Founder
% 100
Investment round
Angel Investment
Investment amount
$6,000
Equity on offer
% 40.0

Team

Kingsly Mbuli Njebah  - Cameroon
Total team member
4
Comment
Last update: 20.06.2020