Central Design Market
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Date of Foundation
2023

Central Design Market

Revolutionary Home Furnishing Design Marketplace

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The Idea origin story

At Central Design Market, we're redefining the landscape of home furnishings through our unique B2C/B2B platform which harmoniously combines an online marketplace and a physical design center. Our innovative model allows designers to create personalized online stores to interact with their customers directly, while also optimizing the supply chain. Moreover, our exclusive membership program enhances customer experience, essentially establishing us as the foremost destination for exquisite design solutions.

The Mission

We are revolutionizing design shopping with a blend of exceptional service and omnichannel retail. Our vision is to be the premier destination, inspiring designers and fostering community.

Clients

PitchBob’s recommendation: Our customers are modern households and design-oriented businesses in urban locales, specifically high-income demographics across North America.

Problems we solve

Client’s problem

Confirmation of problem

Central Designs Market merges online and physical shopping, streamlining the furniture industry supply chain while enhancing customer experience.

Solution

Central Designs Market blends online shopping with a physical center, offering exclusive perks and community engagement for an unmatched design experience.

Our technologies

This solution is based on technologies

Our startup, Central Design Market, revolutionizes the home furnishings industry with an innovative B2C/B2B platform fusing an online marketplace and a physical design center. We enable designers to create personalized stores for direct customer interaction while optimizing supply chains in the process. Our exclusive membership program enriches the customer experience, making us pioneer destination for exceptional design solutions. With our mission of transforming design shopping through outstanding service and omnichannel retailing, we aspire to inspire designers and nurture communities across North America

How it works

Central Designs Market offers a unique blend of physical and online retailing, delivering an unmatched shopping experience through our innovative design center and marketplace.

Value for the client

Our platform enhances value by connecting designers to potential clients, facilitating customer access to exclusive designs and delivering an omni-experience.

Market and strategy

Market size

215

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

0.00001

% of the market

Is our goal in the next 3 years

Team

My name’s

Mark Fraser

My key role in the product

My key role is CEO/Founder and I'm responsible for setting the company vision, defining strategy and leading all operational matters.

Team size and key members

Our team comprises co-founders Mark and Rod Fraser, experienced in design and finance respectively. Alongside a skilled advisory board from diverse industries, we pursue excellence in the marketplace.

Competitors

Competitors

Our key competitors are Daniel House Club, Studio Mine and On Side Door. To outshine them, we infuse our furniture marketplace with unique physical showrooms, designer tools and enhanced customer experiences.Key Differentiators: Physical showrooms for experiential retail; Platforms connecting designers directly with customers; Unique products from local artisans.

Our Advantages

PitchBob's Recommendation: Central Design Market excels through its unique integration of physical locations, a platform that bridges designers and customers, curated collections of exclusive artisan pieces and a comprehensive experiential retail approach.

Business model

PitchBob’s recommendation: Our revenue streams include in-store and online sales, cafe and bar transactions, membership fees, product markups, as well as designer platform access.

Traction

We're in the final stages of completing our MVP. We've secured our first showroom's lease, established accounts with initial suppliers, and arranged logistics for receiving, storing, and delivering products to customers through trusted freight companies.

Our Marketplace is set to operate in Canada and America, featuring a flagship store in each country. We project annual sales of over $16 million with 2000 active members contributing an average of $850 per transaction. With our well-rounded core team, we're primed for continual growth across all business areas.

Metrics

We're pre-launch, but our milestones are in place. Our key metrics will entail tracking the average customer expenditure, number of active designer and consumer accounts, annual purchases as well as growth across all verticals though we don't have substantive data yet.

Incorporation

Our company incorporated in

Toronto Canada for Canaidian operation, will be registering a us company in Delware for American operations

Key risks

The major risks our startup could face include fluctuations in customer purchasing power, high competition within the online marketplace sector, maintaining a balance between digital and physical realms of business, and keeping up with rapidly evolving design trends.

Investments

$

200000

We raised investments

Our Investors

only founders at this point

Rising Investments

$

750000

Currently, we are raising investments

$

8465110

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

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Additional information

Central Design Market
MVP
Date of Foundation
2023