Luzaz
Luzaz.com was founded by a group of professionals with specialties ranging from commerce, computer technology, market research, and market analysts. This is the international eCommerce business that has been in the business of global purchasing. Based out of New York City, NY, we have 5 satellite offices in New Jersey, Florida, Egypt, Dubai, and Morocco. Luzaz is an iconic brand that will provide a central market place to a region which is currently dominated by small vendors. Luzaz loosely means, “Cool people” in Arabic and the Company believes that vendors, with an eye towards younger consumers, will be particularly drawn to the sight. Revenues will be generated through online sales, store memberships, transaction fees, gift card fees, as well company advertising on the site. As they grow, another revenue stream will come from advertisers and vendors. Initially, the company will operate through its website, Luzaz.com, which will be in both English and Arabic; other languages will follow (French and Spanish). Currently, company sales estimate 10 million, once we open our Egypt branch, we are expecting sales to reach 15 million.
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