MakerMaker, a fashion phone case brand, announced today its completion of round-A financing in which it secured tens of millions of yuan, with Xiaomi
Since December 2019, the smartphone case DIY machines developed by MakerMaker have been put into use in Beijing, and its users are mainly aged 15-25. Consumers can choose their own photos or use the AI templates provided by MakerMaker to create phone case designs. People can also directly purchase the co-branded smartphone cases. Currently, MakerMaker has been running hundreds of smart DIY machines in China.
Han Bing, founder and CEO of MakerMaker, pointed out that, “In terms of investment, we mainly consider institutions that can strategically help our business. For example, Xiaomi
Fashion phone cases represent a relatively undeveloped market.. In the past, users mainly relied on online shopping channels like Taobao and physical stores to buy smartphone cases.
SEE ALSO: Gen Z Electronic Consumer Brand Yowu Wins Pre-A Round of Financing, Led by Xiaomi
Traditional smartphone accessory stores generally cover a small area with limited supported smartphone models, high inventory pressure and high labor cost. It is difficult for many non-mainstream smartphone model users and consumers who pursue personalized design to buy suitable and desired smartphone cases. Although Taobao also sells DIY smartphone cases, the product quality is uneven, which makes it more difficult for consumers to buy good phone cases.
According to MakerMaker, there are nearly 2 billion smartphones in China. With the upgrade of 5G, smartphone manufacturers frequently introduce new models, and the update time of smartphone and smartphone cases is shortened. Young consumers are likely to change their phone cases every 1.5 months on average. Personalized design satisfies the demands of consumers, and makes the frequency and number of smartphone cases purchased by them continue to rise. This means that the industry of DIY phone cases is a blue sea market.
Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here
SAMSUNG Galaxy S24 Ultra 5G Factory Unlocked 1TB - Titanium Gray (Renewed)
$1,238.36 (as of June 30, 2024 21:12 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
In Case No Ond Told You Today Hello Good Morning I Believe In You Classroom Sign Teacher Sign, 8x10 inch - UNFRAMED (I Believe In You)
$9.99 (as of July 1, 2024 21:15 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Art3d 2 Wood Slat Acoustic Panels for Wall and Ceiling - 3D Fluted Sound Absorbing Panel with Wood Finish - White Elm
$119.99 (as of July 1, 2024 21:15 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Aqua Original 4-in-1 Monterey Hammock Pool Float & Water Hammock – Multi-Purpose, Inflatable Pool Floats for Adults – Patented Thick, Non-Stick PVC Material
$16.99 (as of July 1, 2024 21:15 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
