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SPRINGBOARD® in Odense: The combination of LED-panel integrated products (backpacks, vests, bike-packs) and our innovative app unlocks a large potential. Marketing and finance strategies are on the agenda

  • 24 Aug 2023
  • 15:00 - 16:30
  • EY, kl 15:00 til 16:30 pa , Cortex Park Vest 3, 5230 Odense
  • 20

Registration

  • TILMELDINGSFRIST: 18. august 2023
  • TILMELDINGSFRIST: 18. august 2023

Registration is closed


Introduktion til SPRINGBOARD®

The combination of LED-panel integrated products; from backpacks to vests and bike-packs, and our innovative app unlocks a large potential. It empowers users to unleash their creativity and communicate with their immediate surroundings. With international recognition, our products have captured the attention of major industry players like Target and Office Depot USA, resulting in orders and inquiries.

Dette er Springboard nr. 2 af 2 denne eftermiddag. Meld dig gerne til forrige Springboard også.

Præsentation fra virksomheden er på engelsk, drøftelserne i panelet vil foregå på dansk.


Punkter til sparring

Til dette SPRINGBOARD® søges paneldeltagere, der kan give sparring på følgende områder:

          1. 1. Marketing Strategies: Determine market entry approach, target customer segments; offline vs. online.

          2. 2. Finance Strategies: Define optimal financial strategy, in-house or seek investment (bank/private). Address challenges: app development, funding production & delivery, marketing costs (fairs, campaigns), potential online sales financing.


                    Branche: Mode/design, App, Elektrisk udstyr/elektronik

                    Udviklingsstadie: Proof of Business

                    Region: Syddanmark

                    Kompetencer til panelet:

                    • Strategi og vækstplaner
                    • Afsætning & Distributionskanaler
                    • Finansiering & Kapitalfremskaffelse
                    • B2B
                    • Exit strategi



                    Virksomheden og idégrundlag

                    The only LED activating app out of China.

                    Unique bike mode feature.

                    Highest Quality UI/UX available.

                    Bluetooth connection instead of commonly used Wi-Fi.

                    Smooth and intuitive experience.

                    Tailored for users who are well-versed in the digital realm.


                    Produkt/ydelse

                    Creativity and emotions of youngsters & teens channelled mainly through screens, neglecting their immediate physical surroundings.

                    Limited and low-quality product offerings despite a high demand and interest observed at major trade fairs.

                    Existing apps primarily targeting the domestic Chinese market with lower UI/UX standards.

                    Lack of quality certificates and standards in available products, limiting market potential.


                    Hvilken løsning har i?

                    App-activated LED-panel products enabling users to express creativity and connect with their surroundings (backpacks, vests, bicycle backpacks, etc.).

                    Top-notch intuitive app for an ultimate fun and user experience.

                    Direct collaboration with manufacturers ensuring consistent quality and competitive pricing.

                    Strong after-sales service through partnerships with major international retailers and wholesalers.

                    Expanding product range to include vests, bike-packs, bike panels, picture frames, and more.


                    Forretningsmodel

                    Direct sales through current channels, with successful lead generation at trade shows.

                    Average gross profit of 40-100% from validated orders.

                    Continual development of complementary items to expand our product portfolio.

                    Future potential for online sales with a projected gross profit increase of up to 300%.


                    Kunder

                    Retailers and wholesale.

                    Existing customers and new leads from the fairs.


                    Markedet

                    Multiple distribution channels- toy stores, electronic stores, office supply, gadget stores, gift stores.

                    Target group – Pre-teens to young adults, highly engaged with digital platforms.

                    Huge potential growth.


                    Konkurrenter

                    Current competition is China-based apps offering low-end products.

                    Other out-of-China made simple LED panels. Much lower resolution than what we offer.


                    Vækstpotentiale/mål/ambition

                    Reach a meaningful volume with current customers and new leads – 1,000 pcs in 2023, 5000 pcs in 2024 and 20,000 pcs in 2025 = approx. gross profit of 4.5M DKK.

                    Expand the range of products to bike equipment.

                    Explore opportunities with the new app.


                    Ledelse og team

                    1 founder – me.

                    App development and design is outsourced.

                    Looking to hire 1 sales for North Europe and 1 person for general operation.


                    Økonomi/finansiering

                    So far, all financing done in-house. Now checking funding options.


                    Status

                    Product development – done. Within 2 months the app is ready for download. Already have orders from the Baltics, Iceland, Portugal, and Israel. Not pushing for more for 1st production.


                    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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