Fisseha Habtemariam's Contact Details

Fisseha Habtemariam's Company Details

PurposeBlack Marketplace

Silver Spring, MD, US • 250 - 499 Employees
Apparel Retail

Black Economy Excellence has launched the first of its kind a unique global virtual marketplace which has dedicated 100% of its proceeds to social programs. Furthermore, for the first time ever, PurposeBlack came up with a brand-new model known as Profit Sharing Membership Program (PSMP) for its lifetime subscription members. PSMP is an out of the box model where PurposeBlack included its lifetime customers in a profit-sharing program or venture. This is the first time that this type of venture has ever been attempted where a company distributes profits to its customers. This is what caring looks like-caring for our communities, while at the same time, caring for our customers. This is a new model that is developed to provide a long lasting remedy to address the economic problems of Black people.The PurposeBlack Marketplace (PBM) initiative is for people who want to live with purpose and impact other people's lives and make a difference in communities. The PurposeBlack is going to be the largest and only global marketplace established for the community of shoppers and sellers that live with purpose. What makes ProposeBlack marketplace distinct is every sale and purchase that takes place on the marketplace is contributing to the goal of creating one million Black millionaires in the coming ten years and thus improving the economic situation of Black people. 100% of the proceeds that are generated using PurposeBlack marketplace will be invested directly to sponsor new and existing Black businessmen to help them become Black millionaires. Therefore, people will be shopping with the purpose knowing that every penny they spend is sponsoring the next Black millionaire.Also, sellers that sell at PurposeBlack know that the sale of their products on the platform is also sponsoring the next Black millionaires. This is the first time this type of venture has ever been created. People can become members for free just to shop at the market and help Black people's businesses.