About GREEN DIGITAL TRADING DMCC
Our Story
Our company, [Green Digital Goods Trading], is a digital goods trading company that aims to serve the Iraqi market by providing high-quality digital products to businesses and individuals. Our main focus will be on the B2B segment, followed by direct-to-consumer sales through online channels. Our initial capital requirement is $35,000 for IT set up, and we plan to raise $465,000 to cover working capital requirements. With a projected profit margin of 0.25% in the first year and 0.5% in the second year, we aim to achieve a 20% market share in the $600 million Iraqi digital goods market.
MARKET ANALYSIS
The Iraqi digital goods market is estimated to be worth $600 million per year, and it is rapidly growing, with an expected continued upward trend in the upcoming years. The internet penetration rate in Iraq has been increasing, and more people are now accessing the internet, which creates a significant opportunity for digital goods trading companies. The country has a young population with a high demand for digital products such as software, e-books, music, and games. Additionally, the rise of the digital economy in Iraq has led to an increase in the number of small and medium-sized enterprises that require digital tools to operate.
MARKET STRATEGY
Our marketing strategy will be two-fold. Firstly, we will focus on establishing partnerships with businesses in Iraq by offering them high-quality digital products at competitive prices. Secondly, we will leverage online channels such as social media and our website to reach individual consumers in the country. We will also invest in search engine optimization (SEO) to improve our online visibility and attract more customers.
FINANCIAL PROJECTIONS
Based on our projected profit margin of 0.25% in the first year and 0.5% in the second year, we expect to generate a revenue of $1,500,000 in the first year and $3,000,000 in the second year. Our initial capital requirement of $35,000 will cover the IT set up, and we plan to raise $465,000 to cover our working capital requirements. Our total cost of goods sold (COGS) is estimated to be 99.75% of our revenue in the first year and 99.5% in the second year. Additionally, we have monthly operating costs of $15,000.
INVESTMENT
The required total investment required for the company is 500,000 USD with the initial capital to be injected is 35,000 USD to set up IT systems and market validation and the subsequent 465,000 USD used to cover our working capital requirements, monthly operating costs, and marketing expenses. The founders will inject the initial capital of the company.
CONCLUSION
The Iraqi digital goods market is estimated to be worth $600 million per year, and we believe that our company, [Green Digital Goods Trading], is well-positioned to capture a significant market share by offering high-quality digital products at competitive prices. With our focus on the B2B segment and our online channels for direct-to-consumer sales, we believe that we can achieve our projected revenue and profit targets. We are seeking investment to help us cover our operating costs and grow our business in the Iraqi market.
Contact Us
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GREEN DIGITAL TRADING DMCC
DMCC Business Centre, Dubai
Tel: +971 56 290 8227
Email: Omar.hani@greendigtialtrading.com
Hours
Mon 09:00 am – 05:00 pm
Tue 09:00 am – 05:00 pm
Wed 09:00 am – 05:00 pm
Thu 09:00 am – 05:00 pm
Fri 09:00 am – 05:00 pm
Sat Closed
Sun Closed