World's Best

World's Best

World’s Best is transforming how affluent consumers discover and access the finest goods and services.

World’s Best is transforming how affluent consumers discover and access the finest goods and services.

Overview

Raised this Round: Raised: $587,062

Total Commitments ($USD)

Platform

SeedInvest

Start Date

10/16/2017

Close Date

12/15/2017

Min. Goal
$250,000
Max. Goal
$1,000,000
Min. Investment

$500

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Year Founded

2014

Industry

Travel and Hospitality

Tech Sector

Location

Dallas, Texas

Everyone wants the best. From diamonds and jewelry, to rare handbags and fine watches, the decades-old luxury market is one full of coveted items and desired goods that only the most affluent can truly afford.

And World’s Best is here to help those clients access the luxury market in a new and transformative way. By combining online convenience with a dedicated concierge service, World’s Best offers their sophisticated clientele a better, and more personal, way to shop for their desired items. Affluent consumers are given their own concierge, who builds a relationship with them to best understand their preferences and adhere to any special requests. Clients can then quickly and easily contact their concierge whenever, and wherever, they are to gain access to the luxury items they want.

World’s Best puts the client first, which has resulted in customer loyalty, satisfaction, and profits. They have a lifetime gross revenue of over $7.5 million, with $5 million being earned in the last 12 months and an 189% revenue growth from 2015 to 2016. Clients regularly place orders from $15,000 to over $100,000 - all paid securely by bank wire - meaning that with their current average order value, World’s Best could generate $100 million in annual sales with just 20-25 orders per day. High levels of customer satisfaction have led to five stars on Trustpilot, and just a 2% return rate - quite low compared to the industry norm return rate of over 30%. Add in the fact that 26% of sales are repeat orders from clients, and online luxury sales are growing 15% annually and expected to hit $51 billion in 2020, and it seems like World’s Best is truly becoming the world’s best in the online luxury market.

World’s Best creates an experience, rather than a transaction, and makes it simple for affluent consumers to enhance their luxury style from anywhere in the world. What else is there to say except that World’s Best truly lives up to its name -- they help the world’s best customers truly enjoy the world’s best goods.

“Who Should Be Interested In This Offering:”
If you’re a member of the the affluent and sophisticated clientele World’s Best caters to, or if you understand that the worth of their items, even if you can’t afford them, then this might be the investment for you. Luxury is a coveted currency, and World’s Best helps provide that luxury. Whether you can afford the items on their website or not, this investment just might disrupt the luxury market enough to keep increasing in revenue - while increasing your investment.



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World’s Best on SeedInvest
Platform: SeedInvest
Security Type: Debt

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Warning: according to the close date for this deal, World's Best may no longer be accepting investments.

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