Established in 2015, threedeemee design avatars in an individual's own image for the online apparel sales market, with the aim to improve an individual’s online shopping experience and improve the retailer’s online sales. The product is c. 25% in development.
Arbroath Capital UK Risk Management Consulting Ltd (Arbroath) is a UK registered business entity founded by Victor Watson end 2015, consisting of experienced senior managers and IT developer Mr Paetur Mortenson, who has now joined Arbroath as a Director and Chief Technical Officer. The intent is to operate under the trade name of "threedeemee" where Paetur and his team will develop the threedeemee produce in Malaga, Spain.
The objective is to produce avatars in an individual's own image for the online apparel sales market. The avatars will be extremely lifelike, able to walk, sit, and specifically enable a person to dress the avatar in the online retailer’s clothing, shoes, and accessories. The intent is to improve an individual's online shopping experience and enhance the retailer's online sales while minimizing product returns.
The global apparel retail market is estimated to be US$1.7 Trillion by 2018, of which online sales are expected to account for greater than 8%, providing a market opportunity exceeding US$136 Billion with online sales growing at a steady 17% year on year (source: Cedar Research 2017).
ACL is about 25% into the development stage of phase one and we have created a marketing and investor video, website, related social media links, a business plan, slides, and cash flow, for this business opportunity.
Director and start-up loans exist.