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Kemitt Logo

Kemitt

Egypt

Sector eCommerce
Employee Count 11-25
Is Incorporated? No
Foundation Date October 1, 2017

Description


Investments



Competitive Advantage

At Kemitt, we understand that buying a furniture item for your home, is personal. This is why we care about each customer individually and we do our best to ensure they have the best furniture shopping experience of their lives. This led to us having a retention rate that is much higher than the industry average. With Kemitt, you are not a consumer, you are a part of our community. Kemitt is always effectively seeking new opportunities for partnerships and collaborations to increase the benefits provided to our customers, as well as, develop the ecosystem through working together with start-ups and corporations that can add value to the digital furniture industry. Some of our recent partnerships include: 1.Partnership with Valu to provide installments options for customers (and increase basket value) 2.Partnership with Shahry by listing some of our products and giving access to their consumers to shop for furniture and pay with flexible payment plans (This partnership is exclusive for Kemitt and Souq only) 3.Partnership with Paymob to Provide all-digital payment options on our website In addition to partnerships, Kemitt has also successfully completed 20+ corporate deals, providing them with our services at the best prices in the market. Kemitt is also building its unique logistics network that covers every city in Egypt. Customers all around Egypt can now access and enjoy our products and offers and have them delivered to their doorstep.


Detailed Info

Revenue Model Description

Commission-based business model (15%) from the final price.