Microsoft for Startups has identified FlashFomo as a company demonstrating promise and hyper growth opportunities within both the B2B & B2C categories. The program helps connect innovative startups to enterprise companies that are pushing the boundaries of digital transformation. Startups active in the Microsoft for Startups program are on pace to close more than $1BN in new sales opportunities over the next year alone. To celebrate tomorrow's hyper-scale companies, Microsoft has expanded member benefits to include GitHub Enterprise and Microsoft Power Platform. It is a founder-first program that delivers the technology, go-to-market support, and community benefits needed to catalyse startup success.
Justin Annesley, Deal Flow Manager ANZ & SEA at Microsoft for Startups cited FlashFomo's recent increase in profile due to the fact that "FlashFomo was recently selected in the top 1.5% of Global Startups that exhibited in Silicon Valley's Startup Grind in February 2020. This is testament to the business model, ability to match the audience data and early traction, making it a startup we are proud to support."
FlashFomo, a social commerce company, connects social influencers to quality manufacturers. FlashFomo holds relationships with over 1,000+ qualified manufacturers and 12,500+ Asian influencers totalling more than 1BN fans. FlashFomo simplifies the process for social influencers to curate product selection and enables customized design. Founder & CEO, David Nicholls mentioned he was "honoured to have built a platform that has caught the attention of Global Tech leaders such as Microsoft and is excited to unlock deep partnership opportunities that are in line with FlashFomo's growth projections".
FlashFomo enables influencers to create and monetise their own branded products matching their audience data with trending consumer products. FlashFomo offer the following services to influencers:
• Source Trending Products
• Design Products & Packaging
• Build the Influencer's e-Commerce Stores
• Manage Customer Service
FlashFomo maintains an aggressive growth plan for market expansion into all Asian markets within 18 months with a key focus on building a scalable tech platform that curates product selection and automates creative designs.
FlashFomo is an online marketplace for Asian Social Influencers to create and sell personalised products to their fans via flash sales. The social commerce sector in Asia is growing exponentially. There are currently 1.7BN Social Media Users in Asia, growing at a rate of 14% YoY. Within this growing ecosystem, influencers possess unique power, with 70% of audiences being influenced on what to buy from their favourite YouTuber. FlashFomo is the location for influencers to marry their creativity with products. FlashFomo reaches a network of over 12,500 KOL's in Asia, totalling more than 1BN fans. They connect these influencers with over 1,000+ manufacturers by automating the product selection, creative process & facilitating fulfilment.
Video Link: https://www.youtube.com/embed/Wp-PVMXNZAc
Full Article: http://news.thecrimsonreport.com/story/261050/microsoft-for-startups-a-program-unlocking-1bn-in-sales-opportunities-has-partnered-with-flashfomo.html