Our main business model is based on the selling of preloved items. By definition, preloved items mean items that have previously been owned by someone else.
Why Sugarloved?
Since most of the items we are selling have some sort of attachment to the owners, we would like to remind the seller and the buyers of the "sweet memories" these items originally hold. Hence the name, Sugarloved was born.
EXECUTIVE SUMMARY
COMPANY
Preloved item is quite popular nowadays as many people resell their items to prevent it from being wasted and want to buy preloved items as it is cheaper to buy. Thus, we decided to sell preloved items as it is easy to get and we do not need to spend much on modal. Our company are selling our own preloved items as well as help others to promote their preloved items on our platform.
MISSION
Our main focus is to sell our preloved items so we do not need to throw away our unused items. By selling preloved items, people would not simply throw things away because it can still be used and we can help them reach out to customers to sell theirs. We sell various preloved items to attract more people to buy from our company and provide paid service to those who need help to promote their items.
TARGET MARKET
Sugarloved company targets all people with all income levels because we sell different kind of preloved items. As our current situation made us to study online from our home, we are targeting social media users like Facebook and Instagram to buy from us.
FINANCING
Sugarloved is a private limited company which depends on several entrepreneurs contributing to a bigger capital sourcing to make the business easily manageable and expandable.
PRODUCTS AND SERVICES
People can buy books, clothes and K-Pop related stuff from our store.
We offer an affordable paid service for people who needs help to sell their preloved items. We can help them by promoting their things through our social media