Startup Idea : Innovative Online Fashion store

Description

An idea by Vishal Patel posted in Shopping & Fashion on 22 Aug, 2023

I have a business plan of selling Fashion products using an Innovative & Trendy way through online contests. Unique features (comparing to penny auction sites) : * Only 30 people (30 purchases, precisely) per contest. * No bidding, just buying the product by paying full cash. * Once the contest is over, 6 winners will be selected. First one will receive free product, 2nd - 50% discount, 3rd 40%......6th 10% discount. Discount amount will be transferred to their shop account and can use it for future purchases. * Other 24 people can order the particular product they bought in contest or they can buy any other item listed in the online store. * Have to bid just one time and sit back. Projected Numbers: * 40 contests per day in 4 categories. * 800$ turnover per contest, approx. I would like to have a partner with following people * Website design and management * Graphic designers * Online marketing
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