Home Harmony

Furniture
Monthly Revenue
$ 0
Monthly Profit
$ 0
Funding Required
$ 0
Market Size
9000000 0

Problem Statement

Make sustainable and stylish furniture available to all

Solution Statement

An online store to sell our furniture and in person outlets for people to browse furniture.

Customer Profile

  • Location

    Our Audience are from Sweden

  • Age Group

    We are targeting people from 25-34

  • Income Level

    Lower - Middle Income

  • Buying Habits

    Average Spending (Care about the money)

  • Technology Usage

    High Level Technology User (Always Prefers Online Shopping)

  • Paint Points

    Delayed Responses, Inconvenience in using the product, Redundancy in Buying Process, High Cost of Repeat Purchases, No Customer Support

Evaluation of Business with

SWOT ANALYSIS

Strengths

  • Talented and experienced workforce
  • Efficient production and distribution processes
  • Advanced technology and equipment
  • High-quality products or services

Weakness

  • Limited resources or funding
  • Lack of expertise in certain areas
  • Limited distribution channels
  • Ineffective marketing and advertising strategies

Opportunity

  • Expansion into new markets or geographies
  • Development of new products or services
  • Technological advancements
  • Emerging trends or new consumer behaviors

Threats

  • Intense competition
  • Economic downturns or recessions
  • Rapidly changing market trends or consumer preferences
  • Supply chain disruptions

Competitor Analysis

Ikea

https://www.ikea.com
Competitive Advantage
  • Prices are Good
  • Quality is Good
  • Customer Services is Fair
  • Location is Fair

St. Michael's

https://www.stmichaels.com
Competitive Advantage
  • Prices are Fair
  • Quality is Fair
  • Customer Services are Poor
  • Location is Poor

Learn All About Our Key Members

Meet The Partners

CEO person

CEO

COO person

COO

CFO person

CFO

Marketing Strategies

Our Marketing Channels Include Google Ads, Social Media Ads, YouTube Ads, Tv Commercial, Events
Appeal to younger crowd just starting to buy furniture. Take differentiation approach and position ourselves as high quality furniture maker.

Business Launch Strategy

We will open stores first. Then launch a website, then keep improving the website for more streamlines sales

Financial Projections

Monthly Projections

Product Revenue

Monthly Revenue

No Data Found

Monthly Expense

Monthly Expense Breakdown

No Data Found

Monthly Revenue
$ 0
Monthly Profit
$ 0
Monthly Expense
$ 0
Funding Required
$ 0

Key Milestones

Launch the MVP

2024-07-30

Secure a significant round of funding

2024-07-22

Scale the business

2025-04-14

Develop and launch new features or products

2024-12-02