Editing StyleRow

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[[File:StyleRow logo.jpg|thumb|StyleRow logo.]]
[[File:StyleRow logo.jpg|thumb|StyleRow logo.]]
SaaS + marketplace to streamline purchasing in the interior design industry
SaaS + Marketplace to streamline purchasing in the interior design industry


== Summary<ref name=":0">Source: Republic.</ref> ==
== Summary<ref name=":0">Source: Republic.</ref> ==
*StyleRow is designed to streamline important business processes for design professionals
*Streamlining critical business processes for design professionals
*$1 million run rate from software-as-a-service (SaaS) alone
*$1M run rate from SaaS alone
*New revenue stream: adding payments & marketplace transactions in 2022/2023
*New revenue stream: adding payments & marketplace transactions in 2022/2023
*Current small and medium-sized businesses users have added over $1 billion of products to their StyleRow projects
*Current SMB users have added over $1B of product to their StyleRow projects
*$760 billion market: bringing massive pools of legacy business-to-business (B2B spend online
*$760B market: bringing massive pools of legacy B2B spend online
[[File:StyleRow summary video.mp4]]
[[File:StyleRow summary video.mp4]]


==Problem<ref name=":0" />==
==Problem<ref name=":0" />==
Architects & design professionals purchase tens of billions in products each year, primarily offline. Offline purchase makes for a slow and inefficient process, which hinders growth potential for design professionals and the brands that they purchase from.
'''Design & architecture is a massive underserved market'''


Fragmented workflow and archaic processes for this multi-billion dollar industry. Project management is a mess, with PDFs sent via email and documents stored in different locations. Many designers are faxing in orders and mailing checks to vendors.  
Architects & design pProfessionals purchase tens of billions in products each year—primarily offline. That makes for a slow and inefficient market, which hinders growth potential for design professionals and the brands that they purchase from.
 
''StyleRow solves this problem.''
 
'''The typical design process'''
 
Fragmented workflow and archaic processes for this multi-billion dollar industry. Project management is a mess, with PDFs sent via email and documents stored in different locations. Designers are faxing in orders and mailing checks to vendors.
 
StyleRow offers one digital product for the entire workflow.


==Solution<ref name=":0" />==
==Solution<ref name=":0" />==
StyleRow's SaaS platform & B2B marketplace streamlines critical business processes for design professionals, and is used by thousands of firms with over $1B in their projects on its platform today.  


SaaS revenue alone is running at $1M in annual recurring revenue today and is expected to grow exponentially.<ref>''Click [https://republic.com/help/forward-looking-financial-projections-disclaimer-4ef66272-2004-415f-8f8b-031098212478 here] for important information regarding Financial Projections which are not guaranteed.''</ref>
=== The category-defining software platform for the interior design & architecture space===
Its SaaS platform & B2B marketplace streamlines critical business processes for design professionals, and is used by thousands of firms with over $1B in their projects on its platform today.  
 
SaaS revenue alone is running at $1M in annual recurring revenue today and is expected to grow exponentially.


Now, StyleRow is ready to allow designers to collect “payments” from their client via the workflow tools (which StyleRow monetizes with a processing fee) & to connect “transactions” in its marketplace—so designers can purchase products from brands (which StyleRow monetizes with a commission on sales). This e-commerce revenue will layer on top of SaaS.
Now, StyleRow is ready to allow designers to collect “payments” from their client via the workflow tools (which StyleRow monetizes with a processing fee) & to connect “transactions” in its marketplace—so designers can purchase products from brands (which StyleRow monetizes with a commission on sales). This e-commerce revenue will layer on top of SaaS.


==Product<ref name=":0" /> ==
==Product<ref name=":0" /> ==
===Enterprise SaaS growth along a logical product roadmap===
StyleRow has built along the natural workflow for design professionals, from the beginning of their project to the end—solving redundancy & streamlining communication along the way. Helping them solve the financial transactions from client payments to purchasing products comes next.
StyleRow has built along the natural workflow for design professionals, from the beginning of their project to the end—solving redundancy & streamlining communication along the way. Helping them solve the financial transactions from client payments to purchasing products comes next.


StyleRow has built its platform to enable firms of all sizes to run their businesses more efficiently on StyleRow, while building a best-in-class marketplace in parallel.
StyleRow has built its platform to enable firms of all sizes to run their businesses more efficiently on StyleRow, while building a best-in-class marketplace in parallel.


StyleRow is ready to attract enterprise firms and to scale its product for SMB’s.  
StyleRow is ready to attract Enterprise firms and to scale its solution for SMB’s.  


The next step for the company is to add payment processing and transactions.  
===Projects feature utilization===
Designers love its project management Tools. The next step is to add payment processing and transactions.


==Traction<ref name=":0" />==
==Traction<ref name=":0" />==
$1M run rate from SaaS alone
=== $1M run rate from SaaS alone===


Its current SMB design firm users have added over $1 billion of product to their projects on StyleRow.
=== Marketplace activity summary KPIs:===
Its current SMB design firm users have added over $1B of product to their projects on StyleRow.


==Business model<ref name=":0" />==
==Business model<ref name=":0" />==
===Currently: Profitable SaaS offerings for brands & designers===
===Currently: Profitable SaaS offerings for brands & designers===
SaaS only—one piece of the pie.
SaaS only—one piece of the pie


===2022 / 2023: Adding in payments & transactional marketplace revenue on top of SaaS ===
===2022 / 2023: Adding in payments & transactional marketplace revenue on top of SaaS ===
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==Market<ref name=":0" />==
==Market<ref name=":0" />==
===StyleRow is the category-defining platform for the built space===
Archaic processes and lack of software have kept this multi-billion dollar industry mailing checks and faxing in orders!
Archaic processes and lack of software have kept this multi-billion dollar industry mailing checks and faxing in orders!


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''“In 2021, retail e-commerce revenue (furniture and homeware) amounted to 132.7 billion U.S. and are projected to increase to over 208.2 billion in 2025.”  —Statista''
''“In 2021, retail e-commerce revenue (furniture and homeware) amounted to 132.7 billion U.S. and are projected to increase to over 208.2 billion in 2025.”  —Statista''
==Competition<ref name=":0" />==
===StyleRow does what others can't===


==Vision and strategy<ref name=":0" />==
==Vision and strategy<ref name=":0" />==
=== The huge growth ahead<ref>Click [https://republic.com/help/forward-looking-financial-projections-disclaimer-bda22d32-4ea8-4f51-8920-2d89729e29c8 here] for important information regarding Financial Projections which are not guaranteed.</ref>===
The StyleRow Marketplace has over 40,000 products from luxury and mid-tier furnishings brands across 20 product categories and growing.  
The StyleRow Marketplace has over 40,000 products from luxury and mid-tier furnishings brands across 20 product categories and growing.  


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