What would you do to have luxurious skin that renews 24 hours a day, one application in the morning, and the foundation nourishes your skin with vitamins and antioxidants? Furthermore, the makeup is ordered with a phone and delivered to your home beautifully wrapped in less than three days anywhere in the United States.
A busy 35+ professional woman wants convenience and ease with foundation easy to apply without retouch during the day – seeing glowing, dewy skin: blooming beauty in a bottle.
My name Is Marcia Meikle-Naughton, Founder of Beverly MN Cosmetics, an e-commerce platform AI-powered with skin validation technology for every woman of color. Professional Women35+ are looking for new ways to shop for their favorite foundation without going into stores. Target Markets: women: 35 – 40 and 50+ (women of every color) The Size of the Market: The Global cosmetics market will exceed $800 Billion in 2025.
The US Market is Projected to be $155B by 2026.
The solution is Beverly Beauty Tech™ – delivery system; AI- Target market-powered platform with skin validation for every woman of color. Machine learning technology that provides foundation color and skin conditions solution.
Target Markets: Women of color: African American, Asian, Indian, Pacific Islander, mixed-race women.
Our Advantage: 15 + years in Financial Services, managing multi-million-dollar projects as Technical Project Manager. Twenty years of experience as a makeup Artist and Esthetician; developed makeup recipes after years of working with women in spas and makeup artists to diverse client markets. Worked with Software Engineer and developed the Beverly Beauty Tech™ platform. Our Beverly Beauty Technology - delivers a product used to choose the right makeup color and identify skin conditions. A woman can choose the exact color every time using an iPhone or a desktop computer.
Our competitors focus on a younger market and do not consider skin conditions in their makeup formulation.
Growth strategy is future licensing of the software from a SAAS perspective in late year two. We have identified four potential patent opportunities and reviewing with a patent attorney. Fifteen trademarks were identified.
Our Fund Raise goal in 2021-2022: Raise $ 5.8 Million.
Equity – 21% and two board seats.
Uses of Funds – Uses of Funds:
Product Developments, Hire Software engineers. Virtual build, Build AL Library 1M+ images. Train AI, Develop Prototype Model, integrate e-commerce to the AI technology platform - (9 months process), Marketing Sales and Promotion; Product Line Expansion, Hire Operational and Administration staff.
Projects A - Hiring CTO and Technology team
Project B - Prototype Model build
Project C - Beauty Tech Build
Project D- Ecommerce and AI integration
ProjectE - Ecommerce
Project F - Expand cosmetics offering to 60 shades
Project G- Marketing/Advertising/Social Media
Project H -Influencer Market
Project I - Hire Project and Program Team
Project J- Operational and Administration Staff Hires
The funding will provide a runway for 18 months.
Note: The E-commerce store is currently not open. Pre-sales in 2021 - booking as Revenue in 2022 upon custom cosmetics readiness and shipping instructions.
Contact Information LinkedIn Business: Beverly MN Cosmetics Website https://beverlymncosmetics.com
[email protected]
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