Ken Lee

Founder & Chief Crafter at Craftyful.com - Hong Kong, , Hong Kong

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HQ
Location
Hong Kong,Hong Kong
Company
Craftyful.com
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Craftyful.com

Hong Kong, , Hong Kong • 1 Employees
Management Consulting

Every Craft Supply is Now OnlineCraftyful is the largest and cheapest online crafts store on the planet. With over 20,000 SKUs and growing, Craftyful wins by not keeping stock and sourcing just in time (with the intent to inventory the fast-moving items after a year of purchase data) and being situated in Hong Kong's factory-led garment district (5 times cheaper than US even at retail quantities).Pinterest meets AlibabaCraftyful offers better value to customers by disintermediating US brick & mortar crafts stores at the source. With an acute cost advantage, Craftyful seeks significant market share in a legendary repeat-purchase (lifetime loyalty) and high margin (70%) US$29 billion niche.Craft Hub and Etsy KillerCraftyful will also become a community for crafters and at scale, will replace Etsy.com by offering crafters who buy our products to list their projects for free on Craftyful Marketplace, with a more viral and equitable model learned from Taobao.com and Gumtree.com.

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