Brief
Maison Safqa is a Saudi B2C flash sale platform connecting premium and luxury brands with GCC consumers through exclusive limited-time events.
Value proposition
For customers: Access unique high-end fashion, beauty and lifestyle brands at special prices
For brands: Benefit of a controlled and curated online shopping environment to sell overstock while maintaining brand image - with access / visibility restrictions to be tailored according to their need
Three competitors
No direct competition in Saudi Arabia as the first flash/private sale platform, with Ounass, FARFETCH, and Veepee considered indirect competitors.
Strength Areas / Achievements
- GMV: Over 350 K USD generated in 5 months since Jan. 26 (av. 35% growth month-on-month) and 250 orders / month on average
- Brand partner development: 60+ brand partners and contracts under negotiation with leading regional distributors (Chalhoub Beauty, L'Oreal, perfumes and cosmetics leading Saudi supplier, KIKO Milano, Samsonite, ..)
- Institutional backing: Global500 and OQAL Network
