Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to...

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Transcript of Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to...

Page 1: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.
Page 2: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

Why FTJ is Needed

Ability to purchase products in alignment with religious values

Create jobs to lift thousands of artisans out of poverty

Page 3: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

How FTJ Achieves Its Mission

Develop/Distribute Educational Materials, creating demand for Fair Trade alternative

Provide Support/Design New Judaica Products, increasing their availability

Introduce Products to Retailers and Consumers, making them more accessible

Page 4: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

Who FTJ is ServingIndividual Jewish

Customers• Target: Women, ages 45-65• Members of Synagogue

Sisterhoods and/or Advocacy Organizations

• 70% Fair Trade influences their purchases

• Seeking quality yet interesting products

• Potential market= 750,000 – 1 million potential clients x $35 sales/year = $26 million/year

Fair Trade Groups

• Target: Fair Trade businesses and their partner artisans

• # Increased partners• # New products• Differences

• Potential Market = over 50 members of Fair Trade Federation to work with

Jewish Institutions/Retailers

• Target: Four religious denominations/membership; community/synagogue gift shops;

• At least 45 stores have added FT to inventories in 2.5 years• Affordable • Alternative to sweatshop

made products• Beautiful and well made

• Potential Market = over 250 synagogue stores (reaching 500,000 members) and 75 community/museum stores

Page 5: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

FTJ’s Value Proposition/Competitive Advantage

Only organization focused exclusively on intersection of

Judaism and Fair Trade – created and occupy this niche

Established relationships with each link in our

comprehensive distribution system: Customer, Retailer, Wholesaler, and Artisan

Strong community connectionsPartnerships – Jewish Social Justice

Roundtable. Hazon, Divine Chocolate# meetings, referrals, links w/synagoguesDifficult to take market share from us =

Media, customer loyalty,Reputation/referred to as expert in the field

Fair Trade Sales, in general, have been growing at least 10%/year over last 3 years; projected trend is upward

growth

Page 6: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

Competition/positioning

Page 7: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

FTJ accomplishments

Brought to market over 25 new

Judaica products in 3 years

Products now found in over 50

Judaica/Fair Trade stores

# online customers within 1 year

Lean Start-up with over 3 years experience;

referred to as Leader in the field

Lessons Learned:Lessons Learned

Target MarketSocial Media Strategy

Partnerships

Page 8: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

ACTIOn plan6 months 1 year 3 years

# New products on the market 3 7 25

# New stores selling Fair Trade 10 25 100

Website conversions- downloads

# New online customers

% Return customers 10% 15% 25%

# People at Fairs/Conferences 5,000 7,500 18,000

# Fair Trade Synagogues 0 20 100

# New Donors

Page 9: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

FTJ Revenue Streams

• On-line (50-75% margin) • FTJ Website• Partnerships• Affiliate sites

• Fairs (50-75% )• Customized orders• Projected: 50% of

income in 2 years

Wholesale/Commissions (15%)

• FTJ label products (50% margin)

• Wholesale Rep Commission sales (5-15% wholesale cost)

• Projected: 20% income in 2 years

Contributed Income (50%)

• Donations• Grants• Investments• Projected: 30%

income in 2 years

Page 10: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

Major Competitors

•Weaknesses•Strengths

•Customers may not want to change behavior

•Other Judaica businesses who could begin FT

Page 11: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

VISION

• FTJ envisions a world where artisans and farmers are paid a living wage, work in safe environments, and are able to provide a sustainable life for their families and communities

Page 12: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

Mission Statement

• Fair Trade Judaica (FTJ) is building a fair trade movement in the US Jewish community,

• Jewishly ethical form of consumerismStrategies• Outreach and education- linking jewish values

with ft principles/internal authenticity/coherence/integrity

• Designing new products• Introducing products to Jewish market & selling

Page 13: Why FTJ is Needed Ability to purchase products in alignment with religious values Create jobs to lift thousands of artisans out of poverty.

YOU

Become an FT Investor and Help us Build our Capacity

Join our team as an Advisory Board

Member

Become an FTJ Ambassador and Spread

the Word