THEIR MISSION.
The acquisition strategy is to acquire 3-5 baby companies with a unique brand image and strong scalability in the Kids&Babies space until 2024. Each of these brands is complemented with selected bolt-on acquisitions, to create a large e-commerce conglomerate in the niche. The focus on one specific e-commerce niche allows for synergies and improved economics. Both founders have previous e-commerce scaling capabilities and ensure operational continuity of the business with strong seller incentive structures.
MARKETING.
"WE EXPERIENCED FIRST-HAND WHAT CAN GO WRONG IN SUPPLY CHAIN AND LEARNED FROM OUR MISTAKES IN THE EARLY DAYS. WE ASSEMBLED A WORLD-CLASS SOURCING TEAM SITTING IN HONG KONG WITH MORE THAN 30 YEARS OF EXPERIENCE IN COMPANIES LIKE LI & FUNG AND GAP AND HAVE A RELIABLE NETWORK OF MANUFACTURERS. ON TOP OF THAT WE SPEAK ALL THE LOCAL LANGUAGES OF OUR MAIN MARKETS, INCLUDING MANDARIN AND HINDI."
- ROMAN KHAN, PRESIDENT AND CO-FOUNDER
THE AUDIENCE.
The new generation of Gen Z and Millennials are becoming parents, and the shopping habits of these new parents are changing a lot. Unlike previous generations, most millennials research the products for quality & sustainability – and purchase online instead of in physical stores. This audience discovers new products and makes purchasing decisions strongly based on influencer marketing and social media. These upcoming parents and their unique shopping habits are at core of Peak21’s strategy.