THIRDMERCH3
Problem
Influencers and artists often lack the resources or expertise to create and sell merchandise and NFTs, missing out on significant revenue streams and fan engagement opportunities.
The traditional process requires design skills, production knowledge, inventory management, and understanding of blockchain technology for NFTs.
These barriers prevent many creators from monetizing their brand effectively.
Solution
ThirdMerch3 provides an all-in-one platform that simplifies the creation and sale of merchandise and NFTs for influencers and artists.
● Users can design products using intuitive tools, select from a range of merchandise options, and list them for sale without handling production or logistics.
● For NFTs, the platform offers easy minting processes, allowing creators to tokenize their work without needing in-depth blockchain knowledge.
● ThirdMerch3 manages manufacturing, fulfillment, and digital transactions, enabling creators to focus on their content and audience engagement.
Market Potential
● Target Market: Social media influencers, digital artists, musicians, and content creators.
● Market Size: The influencer marketing industry is projected to reach $22.3 billion by 2024. The NFT market saw exponential growth, surpassing $2 billion in sales in the first quarter of 2021 alone.
● Competitive Advantage: By removing technical barriers and providing end-to-end services, ThirdMerch3 empowers creators to monetize their brand effortlessly.
Monetization Strategy
● Commission on Sales: Take a percentage of each merchandise and NFT sale made through the platform.
● Subscription Plans: Offer tiered memberships with varying levels of access to design tools, analytics, and promotional features.
● Premium Services: Provide additional services such as marketing support, premium product options, and priority customer service for a fee.