Explanation of services provided by suit up

1. Monique Marshall

2. Mission Statement
SuitUp gives traveling
professionals access to
remarkable luxury clothes while
on the road. We’re changing the
meaning of ownership and
revolutionizing travel in the
process.
Sales Associates: Customer Focused – Service Driven
~ 4,400 sales associates across Neiman Marcus and Bergdorf Goodman
Average tenure of 8 years
Emphasis on building long-term relationships rather than
transaction-based results
Primarily commission based
Leveraging technology with roll-out of ~8,000 smart phones and
tablets, and Wi-Fi capabilities throughout the store base
Instill and reinforce a culture of service
Continuously measure and track customer service
Formal and continuous training to enhance customer service and
selling skills
New hiring tools focused on customer service attributes

3. Problem

4. Steps: Choose Your Plan
STEP 4: Drop Off
Simply put your clothes in
the return bag we provide
and drop it off at your
hotel's concierge desk. We
will take care of the rest.

5. INDUSTRY &
COMPETITIVE ANALYSIS
• $52 billion industry in 2014
• $86 billion in the US alone by 2018
• Competition:
– Ms./Mr. Business Monthly
– Stitch Fix
– Golden Tote
– Hall & Madden

6. COMPETITIVE ADVANTAGE
• Caters to business travelers in NY- untapped
market with first mover advantage
• Reduce hassle of packing and travelling
• Tailors, Stylists and Industry Partnerships
• Cost Efficient Bundled Packages
• Future Expansion

7. MARKETING STRATEGY
• Target demographic: Traveling business
professionals Gen X & Millennials
– Will pay for convenience
– Disposable income
– Fashion savvy
• Online & mobile advertising channels
• Subway/Hotels

8. Request for Financing
$15,000.00
$225,000.00
$10,000.00
$25,000.00
$100,000.00
$15,000.00
$25,000.00
Marketing
Inventory
Operating Expenses
Warehouse/Office Building
Staff/Contractors
Website/App Development
Testing & Deployment

9. Next Steps
• Build Website
• Hire Staff-including COO
• Obtain Inventory
• Launch MVP
– Providing business clothes to professionals
traveling to NY