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Bridging Africa to the World
Problem 1:
There is no online platform to cater for
the growing demand for top quality
African art and craft locally and in the
global Diaspora market.
Problem 2:
African craft suppliers experience
limited market growth as their
customers happen to be immediate
family members and relatives, friends,
colleagues and neighbors. Growth rate
is restricted as there are little or no
opportunities to scale.
Solution:
Qeturah Dot Com is the go-to Ecommerce
platform to shop for top quality competitively
priced African art and craft. We partner directly
with the crafter to ensure we fulfil our promise of
quality.
As we continue to understand our shoppers
behavior and business processes, we will improve
our sales approach and educate our merchants
on better fulfillment of customer wants and needs.
Mission
Create a community that fosters the seamless
trade of top quality African art and craft directly
from crafters, at competitive prices and record
time delivery.
Economic Statistics
92%
8%
Nigeria's GDP 2014
Other Distributive trade $51.5 billion
Art & Craft $4.48 billion
 Nigeria is the most
populous black nation –
178+ million people – 23%
middle class.
 Nigeria’s GDP 2014 - $560
billion
 Non oil sector -
Distributive trade of $56
billion (10% of total GDP)
 Art and craft – 8% of
distributive trade
Revenue Streams
Primary Revenue +
- 17% commission fee per transaction
(from partner merchants)
+
In-site
Advertisements by
non competitive
brands as a
Secondary
Revenue Stream
Digital / social marketing Customer service
Packaging Logistics
Competitive Advantage
Unique shopping
experience
Realistic Business Model
Idea
Impeccable
customer support
Time to
market
Niche market
Diverse team
Record delivery
time
Competitor Analysis
Competitors Customer
service
Afrocentric Indigenous Variety Support Pricing Design &
Technology
Record
Delivery
Etsy
Jumia
Konga
Nike Art
Arts and Craft
Qeturah Dot Com
2015/2016 expansion plan
 Increase merchants headcount to 50 by December 2015
 Capture 3% of Lagos market share by March 2015
 Increase market share by 3x every quarter year
 Expand sales to other major cities in Nigeria – Abuja, Port Harcourt, Benin, Warri.
and Kaduna by January 2016.
 Expand customer facing teams like support, sales, etc. to accommodate new
customers by March 2016.
 Capture 4% share of the Nigerian art and craft market by September 2016
 Strategizing plans to expand merchant base intercontinentally, and global
shipment by December 2016
 Double on marketing according to demand to widen our lead flow to lower
cost per acquisition long term
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
2015 2016 2017 2018
Sales Forecast
Sales Users
Funding Request
2014 2015
$8,000 $5,000
Seed Seed
Personal Tony Elumelu
Foundation
Funding History
 Amount requested: $200,000
 Projected lifespan of funds: 2 years
 Security type: Convertible note/equity (negotiable)
 Financial needs to be covered:
Funding Expenses
Office Space equipment $2,500
Hardware and Software purchases $7,000
Operation expenses $50,916
Salary and wages $78,048
Purchase of company vehicle $11,000
Conferences and Networking Events $6,000
Contingencies $30,000
Miscellaneous $14,536
Total $200,000
Founding Team
Keturah Ovio-Onoweya- CEO Olaoluwa Oluro - Lead Developer
Victor Akadu – Chief Marketer
Keturah is very tech savvy with an
Undergraduate degree in Software
Engineering at Nottingham Trent
University UK. She also helped build
2 tech startups in Malaysia within
2years.
She is goal driven and determined
International traveler victor
received top notch education at
University of Nottingham, Malaysian
campus and possess a wealth of
experience in management and
marketing in Malaysia, Indonesia,
Dubai and Abuja.
Olaoluwa is tech savvy and loves to
learn new and improve his
programming languages. He has
developed a number of software
programs including a fully functional
Banking software for a Microfinance
bank in Nigeria.
 Keturah: @ketybrown | +234 818 160 8844 | keturah@qeturah.com
 Victor: +234 817 498 4987 | victor@qeturah.com
 @qeturahdotcom | www.qeturah.com
Bridging Africa to the World

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QDC Pitch Deck

  • 1. Bridging Africa to the World
  • 2. Problem 1: There is no online platform to cater for the growing demand for top quality African art and craft locally and in the global Diaspora market.
  • 3. Problem 2: African craft suppliers experience limited market growth as their customers happen to be immediate family members and relatives, friends, colleagues and neighbors. Growth rate is restricted as there are little or no opportunities to scale.
  • 4. Solution: Qeturah Dot Com is the go-to Ecommerce platform to shop for top quality competitively priced African art and craft. We partner directly with the crafter to ensure we fulfil our promise of quality. As we continue to understand our shoppers behavior and business processes, we will improve our sales approach and educate our merchants on better fulfillment of customer wants and needs.
  • 5. Mission Create a community that fosters the seamless trade of top quality African art and craft directly from crafters, at competitive prices and record time delivery.
  • 6. Economic Statistics 92% 8% Nigeria's GDP 2014 Other Distributive trade $51.5 billion Art & Craft $4.48 billion  Nigeria is the most populous black nation – 178+ million people – 23% middle class.  Nigeria’s GDP 2014 - $560 billion  Non oil sector - Distributive trade of $56 billion (10% of total GDP)  Art and craft – 8% of distributive trade
  • 7. Revenue Streams Primary Revenue + - 17% commission fee per transaction (from partner merchants) + In-site Advertisements by non competitive brands as a Secondary Revenue Stream Digital / social marketing Customer service Packaging Logistics
  • 8. Competitive Advantage Unique shopping experience Realistic Business Model Idea Impeccable customer support Time to market Niche market Diverse team Record delivery time
  • 9. Competitor Analysis Competitors Customer service Afrocentric Indigenous Variety Support Pricing Design & Technology Record Delivery Etsy Jumia Konga Nike Art Arts and Craft Qeturah Dot Com
  • 10. 2015/2016 expansion plan  Increase merchants headcount to 50 by December 2015  Capture 3% of Lagos market share by March 2015  Increase market share by 3x every quarter year  Expand sales to other major cities in Nigeria – Abuja, Port Harcourt, Benin, Warri. and Kaduna by January 2016.  Expand customer facing teams like support, sales, etc. to accommodate new customers by March 2016.  Capture 4% share of the Nigerian art and craft market by September 2016  Strategizing plans to expand merchant base intercontinentally, and global shipment by December 2016  Double on marketing according to demand to widen our lead flow to lower cost per acquisition long term
  • 12. Funding Request 2014 2015 $8,000 $5,000 Seed Seed Personal Tony Elumelu Foundation Funding History  Amount requested: $200,000  Projected lifespan of funds: 2 years  Security type: Convertible note/equity (negotiable)  Financial needs to be covered: Funding Expenses Office Space equipment $2,500 Hardware and Software purchases $7,000 Operation expenses $50,916 Salary and wages $78,048 Purchase of company vehicle $11,000 Conferences and Networking Events $6,000 Contingencies $30,000 Miscellaneous $14,536 Total $200,000
  • 13. Founding Team Keturah Ovio-Onoweya- CEO Olaoluwa Oluro - Lead Developer Victor Akadu – Chief Marketer Keturah is very tech savvy with an Undergraduate degree in Software Engineering at Nottingham Trent University UK. She also helped build 2 tech startups in Malaysia within 2years. She is goal driven and determined International traveler victor received top notch education at University of Nottingham, Malaysian campus and possess a wealth of experience in management and marketing in Malaysia, Indonesia, Dubai and Abuja. Olaoluwa is tech savvy and loves to learn new and improve his programming languages. He has developed a number of software programs including a fully functional Banking software for a Microfinance bank in Nigeria.
  • 14.  Keturah: @ketybrown | +234 818 160 8844 | keturah@qeturah.com  Victor: +234 817 498 4987 | victor@qeturah.com  @qeturahdotcom | www.qeturah.com Bridging Africa to the World