BASHI Startup Pitch Deck

Page 1

Your bridge to the product and fashion industry


2020 LANDSCAPE

Technology has streamlined the way many industries do business. The product and fashion industry has fallen behind.

We’re at the forefront of exponential change from analog to a digital ecosystem. Technology is embedded in everyone’s daily life. Empowering companies and individuals to work together in an entirely new way.

The time is now.


PROBLEM •

Brands are strapped for time and money while under pressure to innovate.

Creatives desire to earn more money and work on meaningful projects.

Outdated enterprise systems are too expensive for individuals and small businesses.

Traditional HR processes are slow and outdated, which doesn’t cut it in today’s fast-paced environment.


Flexibility

OPPORTUNITY

Work with trusted product experts without the traditional hiring headaches and cost.

Direct Access

Both parties getting the right project at the right price.

Friendly Tech

Tools, trust and transparency that level the playing field.

Untap Potential

Breaking down barriers to limitless innovative ideas while saving time, money and resources.


THE BASHI SOLUTION A community-based platform connecting buyers to on-demand design & development services.


USA ONLY

$1.4 TRILLION freelance earnings 30% increase (2016-2017)

57.3 MILLION

FREELANCE MARKET TREND

people freelanced in 2017 8% increase from 2014

47%

50% +

of working Millennials freelance of some sort

71% freelancers find more work online

50.9% of the US population will be freelancing by 2027

Freelancers in Arts & Design


MARKET SIZE

$

4.3 Billion

The industry is paying for US: Fashion Designers Industrial Designers Available

Source: Forbes, Edelmon Intelligence, BLS (2017–2019)

$

1.54 Billion

35% are Part Time Designers Serviceable

$

231 Million

15% Share of Serviceable Market Obtainable Share of Market


BASHI BUSINESS MODEL We take a 20% service fee per transaction.

$

231

$

100

$

69

Million

Per Transaction

Million

Share of Market

Average fee we take

Revenue Projected thru EOY 2025

462

$

Million

Gross Service Volume Projected thru EOY 2025


INITIAL KEY CUSTOMERS

PARTNERSHIP 60+ US school students & alumni with design programs.

CHANNELS OF ACQUIRING COMMUNITY Linkedin, Behance, Instagram, Issuu, Corofloat, Carbonmade, ArtStation, Houzz, Ello, etc.

MARKET ADOPTION


USER AQUISITION

1498+

+127%

Total Sign Ups

Month Over Month Growth of Users Dec 19 vs Jan 20

14360+

10

mins

Unique Users

Average Session Duration

5%

4.3%

Cold Email Engagement

Cold Email Conversion

Q2 2019 Landing Page – Mar 2020 Beta Site


TRACTION Q2 2019 Landing Page – Mar 2020 Beta Site Brands Crowdsourcing & Direct 1-on-1

$

37,930 Brands Total Spending $24k (YTD 2020)

15

25

140

Brands posted

Total Posts

Members Submitted

567

24%

30

Unique Designs

Members Submit to more than 1 Opportunity

Creators Paid


https://vimeo. com/3938008 94 https://vimeo.co https://vimeo.co m/393800894 m/393800894 https://vimeo.com/393800894

https://vimeo.com/393800894

https://vimeo.co m/393800894


Ecosystem Model (Online)

Asset heavy

Asset light

Traditional Model (Offline)


TEAM

Kyle Markley

Emily Peng

Eric Brionez

Megan Leung

FOUNDER

OPERATIONS LEAD

CREATIVE LEAD

BUSINESS OPS OFFICER

Managed a small business before starting his career in Supply Chain Management & Ops. 2013 batch of Fung Group Management Development Program (PMD) with global experience; developed strong network across the Group.

Industry native. Fashion Design & Product Development by trade with background from designer power houses, startups, PL mass market to off-shore agency models. Global network of designers & vendor/factories.

10+ years in Graphic Design. His experiences have been driven in providing creative solutions. Ranging in industries from news media, storefront graphics, retail branding to global fashion and product. UX focused.

Involved in innovation/digital divisions throughout her career path. Adaptive between creative & business. She lead her school team and won championship at the World Retail Congress, Future Retail Challenge in 2018.

Bachelor’s degree in Entrepreneurship, Johnson & Wales University (Denver)

BFA Fashion Design degree, Fashion Institute of Technology (FIT)

Bachelor’s degree in Marketing; Digital Design & Media

Bachelor’s degree in Fashion Retailing and Marketing, The Hong Kong Polytechnic University


PARTNERS

Max Asciutto

Peter Ting

External Dev. Lead

External Consultant

Code for Business

Christensen Institute

Self-taught full stack developer ranging from database architecture to application interface design. Managing Partner at Code for Business providing innovative software solutions to clients of all ranges.

Recent visiting research fellow at Clayton Christensen Institute with focus on advance knowledge of the future of the supply chain through the lens of Disruptive Innovation. A true global citizen with a strong focus on data science & strategic management.

Darren Palfrey

Deborah Weinswig

CDO

CEO & Founder

Tami Fersko

Rick Darling

President

CEO


TESTIMONIAL - Brands -

My traditional process would have cost $200k+ and taken 8-10 weeks. With BASHI I paid $7500 and had the designs for the full season in 4 weeks.

BASHI provides a way for retailers and brands to experience the market, tap into new ways of doing things; and be closer to the consumer. We would’ve never been able to reach Emir in our traditional way of recruiting.

We obviously don’t want to stop here. We want to continuously do more with BASHI. With these results I would definitely be willing to pay more.

Ivo Caixeiro

Jim Gabriel

Marcelo Mezzera

Executive Vice President Living Style Group

President of GBG Footwear Founder of GOATS

Senior Vice President - Design True Innovations


TESTIMONIAL - Creators I have been looking to transition into freelancing, so this was the perfect platform. I would absolutely participate in future BASHI Opportunities.

BASHI is the freshest platform/community for freelancers, designers to bloom, show themselves and their capabilities to the biggest companies.

It’s not easy to get work in front of big brands. BASHI is an excellent bridge between my creativity and big brands.

I am very excited to see what the future holds for me on BASHI; to utilize my full creative skillsets on projects that become products.

Elexis Spencer

Emir Polat

Giselle Huberman

Anastasia Slavkovic

Fashion Designer

Architect/Interior Designer

Graphic Designer

Fashion Designer

New York, USA

Istanbul, Turkey

Buenos Aires, Argentina

Pennsylvania, USA

BASHI is a wonderful platform. It provides an equal opportunity for any designer who wants to showcase themselves.

The Brand Opportunities were asking a fair payout for the work, something that’s rare in freelance platforms.

For me as an artist, it’s nice to see how a drawing can be transformed into a finished product ready for sale.

It’s such a great and positive platform that brings together creatives from all different disciplines.

Claudia Cremades

Rebecca Honda

Irene Meniconi

Mallory O’Donnell

Surface Designer

Illustrator

Artist

Textile Designer

Mendoza, Argentina

Itajai, Brazil

Florence, Italy

Georgia, USA


WHERE WE ARE GOING 18 month resource planning

8000

60

Users

5

Brands

Vendor / Factory Partnership Explorium

20% active

1600 240 1-on-1

BOPPs

Transactions

Crowdsourcing Opportunities

Marketing Lead

Q1

Develop marketing strategy, messaging, channels and implementations.

Development Lead

Q1

Own product development of BASHI.

Sales / Support

Q2 Q4

Work with Brands & Creators to close deals and resolve issues.

Developer

Q4

Support Dev. Lead.


THE PHASES HERE

18 MONTHS

TEST

Landing Page

CREATORS

BRANDS

Early Adopters from network of industry professionals.

GROW

EXPAND

Beta 1.0

CREATORS

BRANDS

Grow community base to a sustainable level to support buyer needs.

Release 1.5

CREATORS

BRANDS

THRIVE

ECO SYSTEM

Release 2.0

Full Integration

Connectivity across value chain of all soft/hard goods.

Fully integrated platform. Ecosystem of the future for the product & fashion industry.

FACTORIES

Integrate factories to build supply chain capabilities.


Specialty Store Licensor

Boutique Other Vendors

SME

Wholesale

RETAILER

Indie Factories

Customer Private Label

Commission

Flat Fee (or) Royalty - purchase product ideas - Influencer collaborations

Secure Payment

VENDOR PORTAL

Res. Center

Agencies

Powered by Rating System Learning Center

Business Operations

Creative Agencies

CREATOR Entrepreneur, Fashion Designer, Tech Designer, Pattern Maker, Sample Maker, CAD Designer, 3D Virtual Designer, Graphic Designer, Illustrator, Industrial Designer, PD, Architects, Creative Student, Influencer* •

Legal Services

Transaction Fee (amongst community)

20% with sliding fee

Freemium Applications <ex> C8 Studio, Materials Market

Sales Support

Financial & Investments

Direct Suppliers

Design Considerations Data Provider

Community

Circle Social Feed

v

C8 Studio

v v


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