Hive & Design - Cap Gemini Application
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This document introduces Hive & Design, a company that aims to solve customers' dilemmas in online shopping for home furnishings through 3D visualization and customization technologies. Their technology allows customers to intuitively build and visualize interior products in 3D to match their style and home before purchasing with confidence. They plan to launch in the UK curtain and blind market to prove their concept before expanding to other categories and regions. The home furnishings market, especially online, is large and growing, representing an opportunity for Hive & Design. The company emphasizes running ethically and sustainably to strengthen their brand for long-term growth. They have assembled a team with relevant expertise to build the future of e-commerce.
Hive & Design - Cap Gemini Application
- 1. HIVE & DESIGN Visualise, customise and buy made-to-measure home furnishings with confidence CONFIDENTIAL MARCH 2017
- 2. 2 Our typical customer, Lisa, has a dilemma when shopping online “I struggle to judge the quality of things I buy online” “Its impossible to know what things will look like in my home” “Searching for the right product is time consuming” “I’m conscious of my budget and often have to make compromises” 67% of customers prefer to view products in-store before buying 66% of customers think selection online is better than in store
- 3. STEP 3: Lisa buys in complete confidence that the products she fell in love with on screen will be delivered quickly to her door STEP 2: Lisa intuitively builds, visualises and customises interior products in 3D to match her style and fit her home STEP 1: We curate designs and styles that will enhance Lisa’s home 3 We’ve developed sophisticated tech that solves Lisa’s dilemma and provides her with a unique shopping experience
- 4. We will launch in the UK Curtain & Blind market to prove our concept, optimise our technology for customers and drive sales conversion before tackling other verticals and geographies 4 Massive home furnishings market with strong growth in online sales forecasted SOURCE: STATISTA Global Home Furnishings Market Total $586 bn Online $131 bn, growing at 15% YoY UK Curtain & Blind Market Total £1.3 bn Online $0.4 bn UK Home Furnishings Market £16.4 billion UKOnline $5.9 bn, growing at 13.7% YoY Total £16.4 bn
- 5. The conscience of our business and the social and environmental impact of our operations will strengthen our brand, provide foundations for strong long-term growth and increase margins What does our conscience look like? • Pending B Corporation status • Materials are scrutinised for negative impact across the supply chain (e.g. fibre cultivation, processing, bleaching, dyeing and finishing) • Manufacturers and suppliers are vetted for positive employment practices • Made-to-measure products promoted avoiding demand forecasting, inventory holding, discount pricing and materials wastage 5 Running a business with a conscience will support our long-term sustainable growth
- 6. 6 Diverse team with core expertise Elinor Pitt Co-Founder Head of e-commerce & Senior Interior Designer at Kensington Design, Investment Banking IT Lehman Brothers & Nomura William Verrill Co-Founder London Business School MBA, Microsoft Ventures, Amazon Home, Freshfields Corporate Finance Lawyer The Tech Team Joseph Robertson & George Shapter Cambridge graduates, passionate about Augmented Reality and building e-commerce platforms of the future
- 7. Get involved We are building the future of e-commerce. A large part of our success depends on meeting new, interesting people. If you would like to discuss any of our business, from investment to marketing to design, we’d love to hear from you. Elinor Pitt elinor@hive-design.io 07710 796081 William Verrill william@hive-design.io 07701 368488 7
- 8. HIVE & DESIGN Visualise and customise designs for life CONFIDENTIAL