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Meem Designs

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by

Mariam Al Luhaib

on 24 January 2014

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Transcript of Meem Designs

Meem, design for living
Agenda
The Vision & Business Concept
Business Models
The Team
Business Concept
Financial Analysis
Operations
Schedule
Resource Requirement
Key Issues
Market Summary
Opportunities
Risks & Rewards
Meem, Established 10/2/13
Business Model
Producer
Meem Designs
Wholesaler
Retailer
Customer
B2B
The Team
Designer & CEO
Mariam Khaled Al Luhaib
Accounting & Finance
Bashayer Bu Qurais
Operations
Kalthoom Hajeyah
Sales & Marketing
Management
Bachelor in Finance
and Financial Institutions
Product design workshops certificates
Experienced in designing and producing furniture
Bachelor in Accounting
Work experience in real estate
and investment
Certificate in Islamic Finance
Bachelor in Managment
and Organizational Behavior
Certificate in Self Managment & Strategic Planning
Bachelor Finance
and Financial Institutions
Sara Al Eisa
Head of Marketing Department
at Blends Food Group
Research Analyst at Capital Market Authority
Jinan Al Ali
Diploma & Bachelor in Accounting
Experience in Commerical
Facility Company
Certificate in Project Managment
Operations
Schedule 2014
1
2
3
4
Concept and Design
Outsource Production
Assemble
Distribute & Sell
Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
Raising Capital
Finding
Warehouse
Contract with
outsources
Resource Requirment
Technology
Website

Point of Sale System

JIT system- supplier
Personal
Training

Seminars
Resource
External
Email

Internet
Shipment company
Delivery company
Wholesale special
promotions

Key Issues
Short Term
Long Term
Damaged Goods
Delay in Production
Government Regulations
Immitation
Competition
Maintaing level of production
Contract with
wholesalers
Website
Contract with shipping
companies
Market Summary
Saudi Arabia
UAE
Bahrain
Kuwait
Oman
Qatar
Population Growth
1.8%
1.2%
2.6%
1.6%
1%
1.3%
Saudi Arabia
Kuwait
Bahrain
Qatar
UAE
Oman
26.8%
7.6%
7.5%
25.1%
8.9%
4.7%
34.4%
12.9%
3.8%
41.7%
16.5%
4.9%
18.3%
6.5%
3.3%
16.2%
5.2%
1.3%
Social Media Penentration
Competitors in the GCC
Wholesaler Retailers
Zone
Opportunities
First collection sold out within
2 weeks
Second Collection sold out within
a month
Approched by Al Hamra
(world's tallest concrete building)
for furniture pieces after first collection
Approached by Glaze Bakery
to design special packaging
Exporting to a retail store in KSA
Showcasing in Lilly Center, Kuwait in Feb. 2014

Bookend design chosen and produced by
Kashida
, a small product design business in Lebanon
Approached by
My Green Sofa
, a huge furniture blogger in Kuwait
Vision: Produce, supply & sell unique furniture pieces & home accessories
Business Concept: Modernising traditional furniture designs, and producing multi functional unique pieces
Marketing for Vibel & Siematic Kuwait
Initial Cost: 180,000 KWD
Meem Company needs: 36,000 KWD
Angel Investors offer: 20% of OE

Financials
Certificate in Microsoft
Opportunities
Thank you
Mission: Meem Designs aims to provide the GCC market with unique furniture pieces & home accessories
Full transcript