CHICPLACE

ChicPlace is the online marketplace of the most chic boutiques. ChicPlace.com offers the opportunity to go shopping around different cities without moving from home and find a selection of unique products from small, stylish boutiques. "How many times you didn’t know what to buy as a gift for a birthday and you ended up buying a typical scarf from the typical department store that everyone is wearing? At ChicPlace you find inspiration and you have the possibility to buy for example an exclusi... ve handmade foulard from a stylish boutique in Paris at good price and directly delivered to your home." At the same time ChicPlace offers small shops an easy and affordable platform to sell online and reach an international customers. Our business model is very simple, they keep a commission on every sale. They have other revenue streams thanks to other services they provide to shops, like online marketing and pop-up stores. How does it work? They have a very powerful in-house developed platform, totally integrated with shops and logistic partners, the the products go directly from the shops to the customers, they do not store or manage stocks and they have a positive cash flow. They Launched 2 years ago in April 2013 and they already have exclusivity contracts with 600 shops in Spain, France, Italy and other European countries. They are growing very fast, achieving great results and improving our KPI's. After the success in Europe, they e are testing the model in Colombia before expanding into Latin America.More