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Transcript of Unshrinkit Co.
What is The Unshrinkable?
-We wanted to create a revolutionary product that stands out.
-Our product is a liquid laundry detergent mix that prevents you clothes from shrinking or deteriorating in the dryer.
-It is a consumable and one of a kind product meaning buyers will continuously purchase it.
We are asking for $200,000 for 10% equity our company
Cost for 1 litre bottle: 7 cents-bottle 16 cents-adhesive and cover $2.19-detergent and anti shrink formula. = $2.42
Margins: 11.99 - 2.42 = +$9.57 per bottle sold
Our company is classified under the secondary industry segment since we "light-manufacture" goods.
*With the money YOU will give us
"Eliminates the stink, and the shrink"
Along with $0.50 for every product sold until you make back 50% of the loan (royalty)
With that, we'll leave you to decide if you would like to negotiate alternative offers.
*Values may be inflated due to season.
We are competing in a niche market so we only have 2 major competitors.
Ultrasonic Dryers: Indirect
-Ultrasonic dryers dry clothes by slowly turning the clothes
-This is a far longer process and many consumers would not go out of their way to buy an inconvenient new laundry set.
-Their company does not invest as much in promotion and advertising
- Product is only compatible with certain laundry machine sets
-The product ruins any material other than cashmere and linen
We hope making these changes will help globalize the brand and creating new opportunities for the future.