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PHYSICAL: The Department Store of the future - a collaborative retail experience featuring responsible online brands - SPRINGBOARD®

  • 26 Oct 2022
  • 14:00 - 17:00
  • Vækstfonden, kl 14:00 til 17:00 pa Strandvejen 104, 2900 Hellerup
  • 12

Registration

  • Signup deadline: 17 oktober.
  • Signup deadline: 17 oktober.


Introduction to SPRINGBOARD®

The company runs two department stores for new and established responsible brands to scale sales and to tell their sustainable story and products. The solution is a plug n’ play retail-as-a-service solution for online brand.


Questions for sparring

How can the company build a strong business case attracting top tier investors? Discussions to focus on KPI’s, scale vs. profit, key messages, USPs, etc.?

Raising funds – when, how, who etc.?


Industry: Trade

Development stage: Proof-of-Concept

Region: Copenhagen

Competencies required:

  • Finance & investments
  • Investor Pitch
  • Business development

  • This SPRINGBOARD® will be held in Danish

    The mission

    Offer Retail-as-a-Service for brands as an alternative to the traditional expensive and in-flexible retail solutions to reach the customer in person

    Experiential retail - NO MORE boring retail

    Motivate and help start-ups and scale-ups grow

    The problem

    Online brands experience saturated online channels and increasing acquisition costs, making them look to physical retail to cross the chasm and reach a mass market through their own stores.

    The solution

    Full-service model (interior, onboarding, branding, styling etc.)

    Subscription based with revenue share (low risk)

    Limited entry and exit barriers – Short time to market

    Lower (marginal) cost to acquire

    State of the art back-end brand portal (real time data)

    Bringing brands together to help with production and co-branding

    Co-retailing at heart (Censuum and like-minded brands)

    USP’s

    Curated + Omnichannel + Experiential + Data-driven + Plug n’Play + Community

    Brand portfolio

    Labfresh, basic apparel, København Kombucha, Studio Feder, Nuori, Silfen, mfl.

    Business and pricing model

    • Small – DKK 1,000 – 2,000 monthly subscription. Start-up fee DKK 2,000
    • Medium – DKK 1,800 – 3,000 monthly subscription. Start-up fee DKK 3,000
    • Large – DKK 2,500 – 4,000 monthly subscription. Start-up fee DKK 5,000

    Management team

    A – CEO, serial entrepreneur with 20+ years of experience with experiential design and activating brands in retail and physical space. Founded and run multiple companies with 50+ employees.

    B – Co-founder focused on Retail & Marketing, an accomplished retailer with +25 years of experience in management of shops and staff. Acutely aware of how excellent customer service fosters long standing customer relationships.

    C – Co-founder focused on Brands & Marketing, with experience from the fashion industry, knows how to curate the right portfolio of brands for the company. Proficient within communication and building close relationships with all the brands.

    Strong Advisory Board with retail, marketing and industry experts.

    Status/traction

    Currently runs 2 department stores, 1 in Copenhagen and 1 in Lyngby. Opening Copenhagen Airport in October 2022, there after plans to open in Berlin, Amsterdam + other attractive locations.

    CONNECT Denmark — Bryghuspladsen 8, 3. sal, 1473 København K — Telefon: +45 27 28 17 86 — E-mail: connect@connectdenmark.com — Sociale platforme:
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