Team Trump Plus Life An online shopping and information portal for plus-sizers Did you know… • 10% of Singaporeans are obese, up from 6.4% in 2004 • Sadly plus-sizers don’t fit in very well in Singapore • Not much choices for plus-sizers to look good • Few plus size shops • Some “mainstream” shops do sell plus sizes but they are not shouting “WELCOME!” And… • Lack of credible information compiled in 1 place for plus-sizers • Few online shops selling plus sizes • Most plus size shops don’t have an online presence (that shouts “WELCOME!”) What is Plus Life? • An online shop selling plus sizes to women • An information portal for plus-sizers Business Advantages Comparative advantage Absolute advantage -Offer quality apparel for plus sizers at comparable prices with other retailers - Be a leading information - Refresh of apparel every portal on topics ranging quarter from health, beauty, news, and blogs. - Expand potential customer market to men’s - Be an Amazon.com for apparel, then later lifestyle plus-size retailers to use products (furniture, … ) Plus Life to sell their apparel -Use plus-size models for apparel display in website Competitive advantage Product/Service & Value Products/Services Values & Expectations Needs Satisfied -Trendy women’s apparel -Comparable prices to other online retailers -Plus sizers are empowered to look good -Lower prices compared to physical retailers - Plus sizers -Comprehensive information for all a plussizer wants to know -Quality apparel designs -Targeting at working adults who want to look good and trendy Customers Current customers • Women who want to look good but do not have the $$ to tailor clothes / buy from US, UK • People who are interested to learn more about plussizers Potential customers • Women who are not yet plus sizes • Men (when Plus Life sells men’s apparel) 5-Force Analysis • Potential entrants – LOW. This is a niche market, in Singapore and ASEAN. Another entrant with a similar concept will likely get overcrowded. • Supplier power – LOW. Most of the apparel will be specially designed. • Rivalry – HIGH. The UK and US market is very big on plus-sizers. Key will be to keep products cheap and maintain local flavour for information. 5-Force Analysis • Buyer power - MODERATE. They may choose to buy from other “unwelcoming” retailers. • Substitutes – LOW. Plus Life needs to market itself as empowering plus-sizers to live well and happy, through the entire website experience and through information. Revenue model Cost structure Investments - minimal Funding needs
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