We have developed the future of tech shoes. We are going to develop the shoe, mass-produced it, do marketing and have legal papers. You will own 10-15% of the company.
We developed an interchangeable product, a shoe that is interchangeable that will connect to the rest of the shoe. (There are 2 parts of the shoe). We don’t have a big Target market, since shoes are a commodity is a product that can serve anyone. We are expecting to hit between 1 million to 5 million orders by the end of our first year.
We are finished with our product design and patents, we have 2 steps left; 1st receive investment to start prototyping and production, and 2nd will be to do marketing and mass production of the shoe. We need a minimum of 800,000$ ( 1 million $ will be easier for us to work with) our latest milestone was to design the complex shoe, the next milestone is finding an investment.
Business plan is available for download and interested investors can contact us on Merar.
Technically we do not have any competitors, the only shoe that can come close to us will be the B.B adapt by Nike. They have developed a self-tightening shoe, our shoe is self-made.
We are A few steps ahead of the whole industry, there’s no product like ours on the market. by launching this it will make us revenue to invest into Research and Development to make a shoe even better than what we have and to introduce more shoes similar to what we have.
Since shoes are a necessity, is always going to be in high demands. We will making money using a marketing strategy to market around the world.
Competitors are going to try to make a similar product, but we will have a few steps ahead to innovate.
Funding will be used in this order. We have to pay for our prototyping, for our patents and our incorporation. Once that done, we can move on to mass production of our shoe. Once we do that we can move forward with our marketing plan, and pay for ads, influencers around social media platforms and potentially billboards.
Ideally, one round of funding will be great.
We have an offer that consists of 900,000$ investment for 10% of our company or a 1.2 million$ loan investment that is paid back within 10 years with 15% interest.
You will be entitled to 10% of net profit, which will be paid quarterly.
We prefer a silent investor but we are open to a hands-on investor.
An investment that can be done within 2 weeks will be ideal for us ( the company) and time-consuming for you. (The investor)