YogaCommerce - KvickX
Business of Yoga has very quickly become a major business sector, estimated to be as much as $80 Billion worldwide and continues to grow fast. Already, there are many successful start ups in the field, including LuluLemon and many other competitorshttp://www.bloomberg.com/news/articles/2015-04-27/yoga-wars-what-a-lululemon-challenger-from-goldman-sachs-means-for-retail
KvickX is an e-commerce portal dedicated to marketing Yoga Lifestyle products and services promoted by Diptesh Parmar.
KVICKX - Introduction
•KVICKX
aims to be number one marketplace for Yoga accessories, apparels, Patanjali
products, food, juices, Dr. Iyenger Yoga books, CDs, DVDs, & Health
& Wellness related products. We term this business as YogCommerce and not
E-Commerce
•Facilitates
Students to find Yoga schools, Ashrams, Classes and Teachers and Vice versa. Allow Teachers to
provide Online Yoga Coaching & Training
•Provide
Yoga, Health & Wellness Counseling and Guidance
•Allows
Wholesale and Retail Buying & Selling And Promote New Yoga & Health
Products
•Person
can Blog, Write & Publish Articles on yoga, health and healthy food on the
portal & earn money
Global Yoga, Health & Wellness Industry & Market
•$80
billion Yoga Industry and Centre’s Make In India report says that India’s
wellness industry is worth 49000 Cr.
Approx.12000 Cr. Annual Turnover of AYUSH Sector in India. Patanjali
Ayurved does 2000 Cr. Annual Business. We target to capture 0.1% of overall
industry.
•US is
world's largest yoga industry worth well over $27 billion & Spends $11
billion per year on Yoga Classes.
•
•Primary
Yoga markets North America(70%), Canada, UK, Australia & Japan. India is
still untapped market with sales accounting to of only 3-4% of overall sales.
•
•200
Million Indian Yoga Practitioners Worldwide. 20.4 Million Practice Yoga in US.
•
•Strong
Competition Among Yogasmoga (Newyork
based startup valued at $74 Million), Proyog (A Bangalore Based Yoga Apparel Company)
and Lululemon Athletica, the
Canadian brand
KVICKX –
Business Plan
No comments:
Post a Comment