Note Beauty is the official and exclusive distributor of NOTE Cosmetics Brand in the UK. NOTE Cosmetics is a global make up brand which has been launched two years ago. Since then the brand has been awarded with several titles incl. the best new cosmetics brand, trendsetter brand with high quality pigment shades and etc. NOTE Cosmetics has been the official make up partner of New York Fashion Week 2016 and since then the brand's sales increased globally up to 100 M GBP per annum. They are planning to increase their expansion & revenue more through us within UK and EU in 2017/18.
We are selling our everything-ready shopify website, all of our marketing materials, our Amazon seller account and our current stock worth of 20 K GBP.
Our turnover is on the edge of 10-15 K monthly with above industry standard profitability.
NOTE has a customer satisfaction and review of 4.95/5. And the customer reviews are amazing.
All of our products are cruelty free, environment friendly, never tested on animals and paraben free. So NOTE Cosmetics is really an amazing brand and incredible opportunity to grow exponentially in a the next months.
Only reason we have decided to leave the operation is that we are too busy and we can't give our focus on this since our other joint venture is exploding as well and we don't have any time left.
On social media, we have already strong presence and organic follower list. Please check facebook.com/mynotemybeauty and instagram.com/mynotemybeauty
Customer Acquisition Cost is only around 7 GBP whereas the average cart size is around 25 GBP which makes every acquisition profitable, even the first one.
NOTE Cosmetics HQ has been providing all the marketing materials/blog posts/social media images to us and they will continue to do so.
NOTE Cosmetics HQ is establishing a team of high level marketing rock stars in the industry based in Paris which will support the growth, brand awareness of NOTE Cosmetics within EU.
We are on the verge of exploding our revenue growth with all the foundations set online.
The profit margin is high around with x8 as retail sales multiplier meaning that you can set the retail price 8 times of Cost of Goods.
The exclusivity of the NOTE brand will be kept.
Around 2.5 % conversion rate aligned with industry standard.
Emailing to customer base for up selling / cross selling oppurtunities.
We have done nearly nothing in Facebook Ads.
We have been spending very little 5-10 GBP/daily in Google Ads.
We haven't yet done any PR activities with the magazines, bloggers and etc.
We have been thinking about to open a retail store in Carnaby Street which has an estimated of only 8 months break even point.
All the foundations are set online in the website with all the pixels (Facebook, Instagram, Pinterest and Twitter) to track the customer visits and reach out to them effectively.
All of the accounts are ready within Amazon including 5 EU marketplaces.
We are already selling in Amazon UK, Amazon Germany, Amazon Italy, Amazon Spain and Amazon France with estimated 60 K turnover in FY 2017. Amazon has been the major revenue driver for us since the beginning.
All of the listings are SEO optimised within Amazon or the website.
There are several blog posts to enhance the organic SEO within the website.
Shopify website is set with beautiful imagery and 2.2 % conversion rate.
All the financial estimations and reports will be shared as well as all online materials possible.