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My Ideal Business I WS6
BY: FELIPE GOMEZ




                          Creative Commerce




                     Project Lead
                   Giovanni Lanzone
                        Tutor
                     Carla Zorzoz
My Ideal Business
The Problem                                                            Creative Commerce



    Young DESIGNERS and CREATORS in Colombia are
    having problems to promote and distribute their
    offer. They are in need of project managing and new
    distribution channels to maintain their endeavours
    going.



                                                                                  DESIGN


                                                               PROMOTING




                                                DISTRIBUTION




                                                MANAGING
My Ideal Business
The Solution        Creative Commerce




      st
    1 COLOMBIAN
    ON-LINE
    CREATIVE
     HUB
My Ideal Business
The Solution        Creative Commerce




      st
    1 COLOMBIAN
    ON-LINE
    CREATIVE
     HUB STORE
My Ideal Business
Mission Statement                                               Creative Commerce




                                Creative Commerce

             We are a virtual trading platform that offers
           innovative ideas and provides their creators with
          logistics and consulting for the commercialization,
               distribution and management of projects.
My Ideal Business
The Market I B2B                                                                        Creative Commerce



    The Creators
    •In Colombia the creative industry is rising, moving
     2 Billion Dollars per year.
    •It uses 28% of national workforce.
                                                                                      $240
                                                                                      Million
        CREAT
                   IVE SEC
                               TOR D                                                    DESIGN
                                     IS      TRIBUT
                                                        ION

                        Crafts                                          $440
                                                                        Million
          Interfac
                    e Desig
                              n
                                          3,88%                   36%
                     Fashion                                               FASHION
         Graphic
                    Design                               21%
        Industri                     3,76%
                a Desig
                         n
                                    3,45%
                    Textile
                                  1,48%

                          0%
                                     10%
                                                  20%
                                                          30%            $720
                                                                         Million
                                                                40%

                                                                             CRAFTS                  $1.4
                                                                                                    BILLION
My Ideal Business
The Market I B2C                                                              Creative Commerce




      The Buyers
             • LATIN AMERICAN YOUTH; Between 18 and 35 years
                -Seeking for meaningful stuff, and design conscience

                          • Are part of social media based communities
                             - Colombia is the 3rd biggest consumer of S.M in the region
         18 to 35             with 14.8 million Facebook Users
                    Fa
                      c           • They move in the e-commerce world
                      eb




                                    - They do over 12.000 purchases per day
                        oo




                55%                 - E commerce growth = 25% per year
                          k Use




24%
                               rs




                            8.1
       21%                   M
My Ideal Business
Business Model `                            Creative Commerce




                      OPEN SOURCE
                     BUSINESS MODEL


         IDEA


                                      PROMOTION




        CONSULTING
                                              DISTRIBUTION
My Ideal Business
Business Model I Costs, Revenues,                               Creative Commerce

Activities & Resources
                           B2C Revenues
                           • Online Commission
                           B2B Revenues
                           • Consultancy
                           • Web Advertisement
                                                      Key Activities
 Key Resources                                        • Website Development
 • Website                                            • Online Marketing
 • Community of Buyers                                • Product S&H
 • Community of Creators                              • Creators Scouting
                                                      • Consultancy
                                  Creative Commerce   • Coproduction


                            Cost Structure
                            • Website Creation
                            • Orders Handling
                            • Human resource
                            • Community Building
My Ideal Business
Business Model I Channels                                                                Creative Commerce



                   Our aim is to create:                                                                6K
                   A community of more than 250 creators,
                   over 5.000 active Buyers, for the fifth year.
                   With a purchase rate of 1.000 transactions/day
                                                                                                        4.5K

                        Viral Buzz              WEB                    EXPO
       To Buyers




                        • Social Media    • Google & F.B ads      • Design & crafts
                      • World of Mouth   • www.fikostore.com     fairs, expo and stores
                                           • Facebook app
                                                                                                        3K
        To Creators




                       Viral Buzz              WEB                 Scouting
                        • Social Media    • Google & F.B ads     • Design & crafts
                                                                                                        1.5 K
                      • World of Mouth   • www.fikostore.com    fairs, expo and stores
                                           • Facebook app             • Schools
                                                                   •Social media


                                                                                  Year    Year      Year
                                                                                    1       3        5
My Ideal Business
How It Works                      Creative Commerce




                    SELL IDEAS




                    How It
                    Works


                    B U Y IDEAS
My Ideal Business
How It Works                         Creative Commerce




       1. Creat a Product


       2. Upload it @FikoStore.com

        3. We Show it
        www.fikostore.com
        Facebook @ FIkoStoreFront



       4. People Buy It

        5. Fiko manages the order

        6. The Creator gets pay
My Ideal Business
How It Works                               Creative Commerce




       1. Creat a Product


       2. Upload it @FikoStore.com

        3. We Show it
        www.fikostore.com
        Facebook @ FIkoStoreFront
                                     CONSULTING &
       4. People Buy It                SUPPORT


        5. Fiko manages the order

        6. The Creator gets pay
My Ideal Business
How It Works                                 Creative Commerce




        1. Creator develops a product
        in any of FIKO’s categories
                                         Crafts    Fashion




                                        Product      Food
My Ideal Business
How It Works                                                                                                                                                       Creative Commerce




        2. The Creator
           Upload the product @www.fikostore.com


                             http://www.fikostore.com
                   http://www.fikostore.com

                                  Register I Sign In I Community I Blog                                                                                           Help I About


                                                Creative Commerce
                                                                     Buy                  Sell                                                                   Cart
                                     Home > Sell > Upload Product                                                                                      FikoStore on Facebook


                                                                                                                                   UPLOAD PRODUCT                ORDERS


                                                                                                                                      PRODUCTS                   SETTING


                                  Upload Your Product
                                                                                                                                                       1/4 Cuarto
                                  Project Image                      Chose File                                                                        Bogotá
                                                                                                                                                       Colombia
                                                                    (JPG, GIF, PNG, at least 430 pixels wide or 430 pixels tall)
                                                                                                                                                       Show Fashion -Design
                                  Product Title                      Organic Pyjamas - For Her                                                         Favourites
                                                                                                                                                       Contact

                                                                                                                                       FACEBOOK SHOP
                                  Fiko Category
                                                                                                                                   MORE FROM THIS SHOP
                                                                     Crafts           Fashion             Product           Food

                                  Price                              $ 12 USD                  $ 23 USD               $ 40 USD
                                                                      Your Price            With Mark-Up               With S&H
                                                                                                   90%

                                  Visibility                            Public                  Private


                                  Publish On                            FiKo Store              Social Networks

                                                                                                         Create Product
My Ideal Business
How It Works                                                                                                                                                               Creative Commerce




         3. We show it
         @www.fikostore.com




                                  http://www.fikostore.com
                        http://www.fikostore.com

                                       Register I Sign In I Community I Blog                                                                                         Help I About


                                                    Creative Commerce
                                                                           Buy              Sell                                                                    Cart

                                          CATEGORIES                    HAND PICKED ITEMS Se More                                                       FikoStore on Facebook

                                           Crafts & Arts
                                           Fashion
                                                 Accessories
                                                 Bags
                                                 Cloth
                                                 Shoes
                                                 Watches
                                           Product                      Organic Pyjamas             Cagua Collection             Love Waters              3D NoteBook
                                           Food                         1/4 Cuarto        $40 USD   Caona              $62 USD   20 Water      $12USD     Make-Mi           $19USD




                                          SHOPPING GUIDE
                                           By Price
                                                 Under $25
                                                 Under $50
                                                 Under $100
                                                 Under $200             Mancornas                   Golf Hat                     Mochila                  Guadgua Chairs
                                                 Over $201              1/4 Cuarto        $25 USD   Nexos              $33 USD   Bau-Ya        $65USD     Bau-Ya            $120USD
                                           Browse
                                                 Best-seller
                                                 Designer
                                                 Brand
                                                 Featured
                                           Gift Certificate



                                                                        Organic Pyjamas             Cagua Collection             Love Waters              3D NoteBook
                                                                        1/4 Cuarto        $40 USD   Caona              $62 USD   20 Water      $12USD     Make-Mi           $19USD
My Ideal Business
How It Works                           Creative Commerce




         3. We show it
         @ Facebook Fiko Store Front
My Ideal Business
How It Works                              Creative Commerce




         3. The creator shows it
         @ Facebook Creators Store Site
My Ideal Business
How It Works                              Creative Commerce




         4. Buyer see the product
         @ Facebook Creators Store Site
My Ideal Business
How It Works                                          Creative Commerce




         4. Buyer see the product
         @ Facebook Creators Store Site>> Fiko Shop
My Ideal Business
How It Works                                                                                                                     Creative Commerce




         4. Buyer Buys The Product
         @ Facebook Creators Store Site>> Fiko Shop




                                     http://www.fikostore.com
                           http://www.fikostore.com

                                          Register I Sign In I Community I Blog                                               Help I About


                                                       Creative Commerce
                                                                                Buy   Sell                                   Cart
                                             Home > 1/4 cuarto shop > Pyjamas                                      FikoStore on Facebook


                                                                                             $40 USD
                                                                                                       Add to Cart
                                          Organic Pyjamas - For Her                          44 LEFT OF 50

                                                                                                                   1/4 Cuarto
                                                                                                                   Bogotá
                                                                                                                   Colombia
                                                                                                                   Show Fashion -Design
                                                                                                                   Favourites
                                                                                                                   Contact

                                                                                                   FACEBOOK SHOP



                                                                                             MORE FROM THIS SHOP
My Ideal Business
How It Works                                            Creative Commerce




        5. Fiko manages the orders

          We offer every payment method
          to our buyers




          We take the product from the creator to the
          buyer, then the creators gets the money




        6. The Creator gets the money
My Ideal Business
The Benefits                                          Creative Commerce




                        For The Region
                        • Design Culture
                        • International
                          Exposure
                        • New e-commerce
                          Model
                        • Creative sector
   For The Creators       growth
                                            For The Buyers
   • More Clients
                                            • Original Products
   • Product Exposure
                                            • Fair Price
   • Coproduction
                                            • Save platform
   • Consultancy
                                            • Local payment &
   • No investment
                                              Fast delivery
My Ideal Business
Financials                        Creative Commerce




     Now, Let’s Talk About Money....
My Ideal Business
Financials                                                                               Creative Commerce




                ST           S
 FINANCIALS- CO
                  Start-Up Year 1          Year 2     Year 3     Year 4     Year 5
   Website Dev     $14.550       $11.000   $18.000    $36.000     $70.000    $80.000
   Creators Cut      n/a         $96.900   $315.000   $690.000   $1.150.000 $2.199.600
   S&H               n/a         $30.000   $96.0000   $200.000    $420.000   $625.000
   Pay-Portal        n/a         $14.000   $47.0000   $105.000    $230.000   $344.000
   Marketing       $5.290        $18.000   $29.400    $58.000     $120.000   $230.000
   Overhead        $47.300       $77.500   $111.500   $173.000    $270.000   $400.000
   TOTAL           $67 K         $225 K    $615 K     $1.2 M     $2.5 M     $3.9 M        2%

                                                                                   10%




                                                                       Year 5
                                    Website Dev                                  6%
             22%                      Creators Cut                              9%
                                         S&H
                        Start-Up




                                            Pay-Portal                                            57%
                   8%                                                           16%
                                               Marketing
 71%
                                                 Overhead
My Ideal Business
Financials                                                                                                     Creative Commerce




                VEN                    UES
 FINANCIALS- RE
                           Year 1              Year 2            Year 3     Year 4    Year 5
    Ideas Selling          $235.000            780.000          $1.700.000 $3.800.000 $5.700.000
    Web Adv                $12.600             $15.960           $20.500    $22.500    $27.000
    Consulting               n/a                 n/a              $6.600    $11.700    $18.000
    Coproduction             n/a                 n/a                n/a      $3.000    $9.0000
    TOTAL                  $246 K              $800 K            $1.8 M     $3.9 M    $5.8 M



 $ 6.000.000
                                                                                 Food              R. MarkUp     =X 1.8
 $ 4.500.000
                                                                                 Products          R. MarkUp     =X 2
 $ 3.000.000

                                                                                 Fashion           R. MarkUp     =X 2.2
 $ 1.500.000

                                                                                 Crafts            R. MarkUp     =X 1.5
        $0
                   r   1       r   2       r   3       r   4      r5
               Yea         Yea         Yea         Yea         Yea
My Ideal Business
Financials                                                                                      Creative Commerce




      NCIAIALS-ASH EN
                       UES
                      LOW
 FINA
   FIN ANCLS- C REV F
                    Start-Up Year 1        Year 2      Year 3       Year 4       Year 5
 C.V Investment       140.000      n/a         n/a         n/a          n/a          n/a
 Revenues               n/a      246.000   800.000     1.800.000     3.900.000    5.800.000     RO
                                                                                              in    I=
                                                                                                   %5 300
 Costs                -67.000   -225.000   -616.000    -1.260.000   -2.600.000   -3.900.000
 Net Profit              n/a        n/a      63.600      240.000       682.000    1.017.000
                                                                                                     Ye %
 Pay to V.C             n/a        n/a      -35.000      -35.000      -35.000      35.0000             ars
 V.C Dividend(1%)       n/a        n/a       -4.500      -16.800      -34.000      50.900
                      $73 K     $6.5 K     $31 K       $218 K       $830 K       $1.6 M

 $ 6.000.000                                                                              Revenues
 $ 4.500.000
                                Break-Even                                                Total Costs
 $ 3.000.000

 $ 1.500.000


                    Year 1      Year 2        Year 3         Year 4          Year 5
My Ideal Business
                             Creative Commerce




             Thank you!!!`

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Colombian Online Creative Hub Store

  • 1. My Ideal Business I WS6 BY: FELIPE GOMEZ Creative Commerce Project Lead Giovanni Lanzone Tutor Carla Zorzoz
  • 2. My Ideal Business The Problem Creative Commerce Young DESIGNERS and CREATORS in Colombia are having problems to promote and distribute their offer. They are in need of project managing and new distribution channels to maintain their endeavours going. DESIGN PROMOTING DISTRIBUTION MANAGING
  • 3. My Ideal Business The Solution Creative Commerce st 1 COLOMBIAN ON-LINE CREATIVE HUB
  • 4. My Ideal Business The Solution Creative Commerce st 1 COLOMBIAN ON-LINE CREATIVE HUB STORE
  • 5. My Ideal Business Mission Statement Creative Commerce Creative Commerce We are a virtual trading platform that offers innovative ideas and provides their creators with logistics and consulting for the commercialization, distribution and management of projects.
  • 6. My Ideal Business The Market I B2B Creative Commerce The Creators •In Colombia the creative industry is rising, moving 2 Billion Dollars per year. •It uses 28% of national workforce. $240 Million CREAT IVE SEC TOR D DESIGN IS TRIBUT ION Crafts $440 Million Interfac e Desig n 3,88% 36% Fashion FASHION Graphic Design 21% Industri 3,76% a Desig n 3,45% Textile 1,48% 0% 10% 20% 30% $720 Million 40% CRAFTS $1.4 BILLION
  • 7. My Ideal Business The Market I B2C Creative Commerce The Buyers • LATIN AMERICAN YOUTH; Between 18 and 35 years -Seeking for meaningful stuff, and design conscience • Are part of social media based communities - Colombia is the 3rd biggest consumer of S.M in the region 18 to 35 with 14.8 million Facebook Users Fa c • They move in the e-commerce world eb - They do over 12.000 purchases per day oo 55% - E commerce growth = 25% per year k Use 24% rs 8.1 21% M
  • 8. My Ideal Business Business Model ` Creative Commerce OPEN SOURCE BUSINESS MODEL IDEA PROMOTION CONSULTING DISTRIBUTION
  • 9. My Ideal Business Business Model I Costs, Revenues, Creative Commerce Activities & Resources B2C Revenues • Online Commission B2B Revenues • Consultancy • Web Advertisement Key Activities Key Resources • Website Development • Website • Online Marketing • Community of Buyers • Product S&H • Community of Creators • Creators Scouting • Consultancy Creative Commerce • Coproduction Cost Structure • Website Creation • Orders Handling • Human resource • Community Building
  • 10. My Ideal Business Business Model I Channels Creative Commerce Our aim is to create: 6K A community of more than 250 creators, over 5.000 active Buyers, for the fifth year. With a purchase rate of 1.000 transactions/day 4.5K Viral Buzz WEB EXPO To Buyers • Social Media • Google & F.B ads • Design & crafts • World of Mouth • www.fikostore.com fairs, expo and stores • Facebook app 3K To Creators Viral Buzz WEB Scouting • Social Media • Google & F.B ads • Design & crafts 1.5 K • World of Mouth • www.fikostore.com fairs, expo and stores • Facebook app • Schools •Social media Year Year Year 1 3 5
  • 11. My Ideal Business How It Works Creative Commerce SELL IDEAS How It Works B U Y IDEAS
  • 12. My Ideal Business How It Works Creative Commerce 1. Creat a Product 2. Upload it @FikoStore.com 3. We Show it www.fikostore.com Facebook @ FIkoStoreFront 4. People Buy It 5. Fiko manages the order 6. The Creator gets pay
  • 13. My Ideal Business How It Works Creative Commerce 1. Creat a Product 2. Upload it @FikoStore.com 3. We Show it www.fikostore.com Facebook @ FIkoStoreFront CONSULTING & 4. People Buy It SUPPORT 5. Fiko manages the order 6. The Creator gets pay
  • 14. My Ideal Business How It Works Creative Commerce 1. Creator develops a product in any of FIKO’s categories Crafts Fashion Product Food
  • 15. My Ideal Business How It Works Creative Commerce 2. The Creator Upload the product @www.fikostore.com http://www.fikostore.com http://www.fikostore.com Register I Sign In I Community I Blog Help I About Creative Commerce Buy Sell Cart Home > Sell > Upload Product FikoStore on Facebook UPLOAD PRODUCT ORDERS PRODUCTS SETTING Upload Your Product 1/4 Cuarto Project Image Chose File Bogotá Colombia (JPG, GIF, PNG, at least 430 pixels wide or 430 pixels tall) Show Fashion -Design Product Title Organic Pyjamas - For Her Favourites Contact FACEBOOK SHOP Fiko Category MORE FROM THIS SHOP Crafts Fashion Product Food Price $ 12 USD $ 23 USD $ 40 USD Your Price With Mark-Up With S&H 90% Visibility Public Private Publish On FiKo Store Social Networks Create Product
  • 16. My Ideal Business How It Works Creative Commerce 3. We show it @www.fikostore.com http://www.fikostore.com http://www.fikostore.com Register I Sign In I Community I Blog Help I About Creative Commerce Buy Sell Cart CATEGORIES HAND PICKED ITEMS Se More FikoStore on Facebook Crafts & Arts Fashion Accessories Bags Cloth Shoes Watches Product Organic Pyjamas Cagua Collection Love Waters 3D NoteBook Food 1/4 Cuarto $40 USD Caona $62 USD 20 Water $12USD Make-Mi $19USD SHOPPING GUIDE By Price Under $25 Under $50 Under $100 Under $200 Mancornas Golf Hat Mochila Guadgua Chairs Over $201 1/4 Cuarto $25 USD Nexos $33 USD Bau-Ya $65USD Bau-Ya $120USD Browse Best-seller Designer Brand Featured Gift Certificate Organic Pyjamas Cagua Collection Love Waters 3D NoteBook 1/4 Cuarto $40 USD Caona $62 USD 20 Water $12USD Make-Mi $19USD
  • 17. My Ideal Business How It Works Creative Commerce 3. We show it @ Facebook Fiko Store Front
  • 18. My Ideal Business How It Works Creative Commerce 3. The creator shows it @ Facebook Creators Store Site
  • 19. My Ideal Business How It Works Creative Commerce 4. Buyer see the product @ Facebook Creators Store Site
  • 20. My Ideal Business How It Works Creative Commerce 4. Buyer see the product @ Facebook Creators Store Site>> Fiko Shop
  • 21. My Ideal Business How It Works Creative Commerce 4. Buyer Buys The Product @ Facebook Creators Store Site>> Fiko Shop http://www.fikostore.com http://www.fikostore.com Register I Sign In I Community I Blog Help I About Creative Commerce Buy Sell Cart Home > 1/4 cuarto shop > Pyjamas FikoStore on Facebook $40 USD Add to Cart Organic Pyjamas - For Her 44 LEFT OF 50 1/4 Cuarto Bogotá Colombia Show Fashion -Design Favourites Contact FACEBOOK SHOP MORE FROM THIS SHOP
  • 22. My Ideal Business How It Works Creative Commerce 5. Fiko manages the orders We offer every payment method to our buyers We take the product from the creator to the buyer, then the creators gets the money 6. The Creator gets the money
  • 23. My Ideal Business The Benefits Creative Commerce For The Region • Design Culture • International Exposure • New e-commerce Model • Creative sector For The Creators growth For The Buyers • More Clients • Original Products • Product Exposure • Fair Price • Coproduction • Save platform • Consultancy • Local payment & • No investment Fast delivery
  • 24. My Ideal Business Financials Creative Commerce Now, Let’s Talk About Money....
  • 25. My Ideal Business Financials Creative Commerce ST S FINANCIALS- CO Start-Up Year 1 Year 2 Year 3 Year 4 Year 5 Website Dev $14.550 $11.000 $18.000 $36.000 $70.000 $80.000 Creators Cut n/a $96.900 $315.000 $690.000 $1.150.000 $2.199.600 S&H n/a $30.000 $96.0000 $200.000 $420.000 $625.000 Pay-Portal n/a $14.000 $47.0000 $105.000 $230.000 $344.000 Marketing $5.290 $18.000 $29.400 $58.000 $120.000 $230.000 Overhead $47.300 $77.500 $111.500 $173.000 $270.000 $400.000 TOTAL $67 K $225 K $615 K $1.2 M $2.5 M $3.9 M 2% 10% Year 5 Website Dev 6% 22% Creators Cut 9% S&H Start-Up Pay-Portal 57% 8% 16% Marketing 71% Overhead
  • 26. My Ideal Business Financials Creative Commerce VEN UES FINANCIALS- RE Year 1 Year 2 Year 3 Year 4 Year 5 Ideas Selling $235.000 780.000 $1.700.000 $3.800.000 $5.700.000 Web Adv $12.600 $15.960 $20.500 $22.500 $27.000 Consulting n/a n/a $6.600 $11.700 $18.000 Coproduction n/a n/a n/a $3.000 $9.0000 TOTAL $246 K $800 K $1.8 M $3.9 M $5.8 M $ 6.000.000 Food R. MarkUp =X 1.8 $ 4.500.000 Products R. MarkUp =X 2 $ 3.000.000 Fashion R. MarkUp =X 2.2 $ 1.500.000 Crafts R. MarkUp =X 1.5 $0 r 1 r 2 r 3 r 4 r5 Yea Yea Yea Yea Yea
  • 27. My Ideal Business Financials Creative Commerce NCIAIALS-ASH EN UES LOW FINA FIN ANCLS- C REV F Start-Up Year 1 Year 2 Year 3 Year 4 Year 5 C.V Investment 140.000 n/a n/a n/a n/a n/a Revenues n/a 246.000 800.000 1.800.000 3.900.000 5.800.000 RO in I= %5 300 Costs -67.000 -225.000 -616.000 -1.260.000 -2.600.000 -3.900.000 Net Profit n/a n/a 63.600 240.000 682.000 1.017.000 Ye % Pay to V.C n/a n/a -35.000 -35.000 -35.000 35.0000 ars V.C Dividend(1%) n/a n/a -4.500 -16.800 -34.000 50.900 $73 K $6.5 K $31 K $218 K $830 K $1.6 M $ 6.000.000 Revenues $ 4.500.000 Break-Even Total Costs $ 3.000.000 $ 1.500.000 Year 1 Year 2 Year 3 Year 4 Year 5
  • 28. My Ideal Business Creative Commerce Thank you!!!`