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Jasper’s Consignment A Leader in Designer Accessories for Men
Alicia Caron, Dominique Staupe, Maryela Perez, & Mariam Shamsid-Deen
12/17/2012
What is Jasper’s Consignment?
Jasper's Consignment is a premium online retailer that specializes in Men's accessories including: Ties, Bowties, Watches, Cuff links and Man Bags.
Jasper’s Mission and Values
To be the leading consignment e-retailer for men’s accessories. Jasper’s prides itself on the quality of designer merchandise at consignment prices. We plan to maintain our spot as the leading consignment e-retailer through fair pricing, quality product, a personalized shopping experience, and knowledge and education.
What You Get When Buying or Selling with Jasper’s
Designer Accessories Men’s
Ties/Bowties Avg. Price $67
Cuff Links Avg. Price $200
Watches Avg. Price $396
Man Bags Avg. Price $444
When the customer decides to sell Reputation Personalized experience Fair and accurate pricing
When the customer purchases from Jasper’s Designer items Quality product Reduced price Personalized experience Education and guidance
How it Works
Selling Have item
reviewed for acceptance
Ship item to Jasper’s
Set up consigner profile
Receive 35% of the price the item sold at with 90 days
Buying Make selection on
company website Optional: Receive
guidance and education
Purchase Item Receive in mail
Free Shipping Accessible
browse/purchase history
Who is Jasper?
Male Business Professional
Designer wear at a low cost
Median age of 42 Has used the
internet in the last 30 days
About the Owners
Alicia Caron BA in Fashion Merchandising Expertise in Selling, Management, and Logistics
Dominique Staupe BA in Fashion Merchandising Extensive Knowledge of the Consignment and Marketing
Maryela Perez BA in Fashion Merchandising Expertise in Customer Service and Telecommunications
Mariam Shamsid-Deen BA in Fashion Merchandising Expertise in Web Development and Marketing
As we grow we plan to add more employees for processing, technical support, and marketing
The Problem
What the men said: Few consignment shops for men Even fewer online options Dressing business professional can be
expensive Very little guidance or education by online
consigners
The Solution
E-Retailer Designer merchandise at consignment
prices Personalized shopping experience Using social media and other customer
interactions to guide and educate Jasper
Opportunity and Market
Median age of 42 11.65 % of the U.S. population 65% work full time 87.5% will have used the Internet in the
past 30 days (Market Growth Rate) Year three projected sales of $121,114
SWOT
Strengths Low Competition Accessibility Guidance and Education
Weaknesses Finding Consigners Marketing
Opportunity To Carry Men’s Apparel
Threats Other Consigners Designer Outlets
Competitive Advantage
Accessibility Product type Assortment Personalized
experience Guidance and
Education
Marketing Strategy
Ideal Costumer Full time business professional Wants quality product Buys and sells on a monthly basis
Current Business Partner eBay Goodwill
Future Business Partners UPS or Fedex
Marketing Strategy Continued Short Term Marketing
Plan: Social Media The Villager Mailers
Long Term Marketing Plan: Social Media Google Adds Email Star Tribune Radio
Technology and Start Up
Technological Needs Four computers Servers Security IT Technicians Software Apps
Our duties: Website maintenance
Hired Out: IT Support
First Year Sales Plan & Break Even Analysis
First Year Sales Plan 3 customers served each day Avg. price $277 Daily Sales Dollars $831 Open 365 days a year Annual Sales of $303,315
Break Even Analysis Annual fixed costs of $159,081 Gross profit % of 54 Break-even sales of $294,594 Sales over breakeven of $8,721 Profit dollars of $4,709
Japer’s Consignment Store Currently
Business Plan is completed We plan to form an LLC Securing storage space and setting up home
office Designing Website We have and are continuing to meet with
financial and business advisors As a whole we are investing $108,000 based on
selling personal property and family contributions.
Gathering preopening inventory
Summary
Jasper’s Consignment store is an e-retailer for designer men’s accessories
Our goal is to address the lack of consignment options available to men with respect to men’s accessories
Male business professionals want to sell and buy designer labels at consignment prices
Summary- What We Are Asking of You
With the information provided under consideration we would like ask for… Product donations Advice Support
Jasper’s fulfills the need of men who need to dress business professional and don’t have or want to spend their earnings on expensive designer accessories.
Jasper’s Consignment StoreA Leader in Designer Accessories for Men
Questions or Concerns?
12/17/2012