Shop LC Launches Search for Next Big Product Idea with Fast-Track Scheme

·4 min read

Vertically integrated global home shopping company launches Catapult to bring innovative products to market in record time

AUSTIN, Texas, August 4, 2021 /PRNewswire-PRWeb/ -- Fast-growing, Vaibhav Global Limited (VGL), parent company to Shop LC, launches their latest global initiative, named Catapult. This new program is set to find new products and bring them to market in record time. Catapult is employing a fast-track product launch scheme to accelerate speed-to-market. The Catapult team is partnering with RangeMe, the industry standard online product sourcing platform for retailers and suppliers from around the world.

This new program is set to find Product creators, Innovators and Entrepreneurs with exciting products to launch on their channels in record time. Catapult is employing a fast-track product launch scheme to accelerate speed-to-market.

VISIT CATAPULT TO LEARN MORE

"Our advantage is our vertical integration. Apart from the ability to launch ready products on to our channels, we can also offer our manufacturing capabilities, eliminating months from the standard production timelines. Our hope is that we find some amazing products and get them to market in time for holiday sales." Says Mr. Kulathendral, Head of Innovation, VGL

Product Innovators who make the cut may be considered for:

  • Exposure on up to three home-shopping networks tallying over 100-Million Households in the US, UK, and Germany

  • Be a guest host on LIVE TV

  • Share of Sales

  • Rapid Launch Production Scheme

Catapult is looking for ideas in jewelry, apparel, home, beauty, fitness, accessories, and culinary/kitchen.

"Catapult is an exciting opportunity to showcase brands and products that are ready for a big stage," says Nicky Jackson, CEO and Founder of RangeMe. "We are excited to help scale such an inspiring global sourcing initiative with a forward-thinking retailer like Shop LC."

For consideration, submit ideas before August 18th, 2021, 11:59PST. Click this link to apply.

About Shop LC
Headquartered in Austin, Texas, Shop LC, is a wholly owned subsidiary of Vaibhav Global Ltd. (VGL), a vertically integrated company with global sourcing and manufacturing capabilities. Shop LC is a value-conscious, interactive retailer focused on the fine jewelry, beauty, fashion, home decor and lifestyle product categories. Established in 2007, Shop LC reaches approximately 73 million U.S. households via high-definition programming offered live 24 hours a day, seven days a week, 365 days a year. Additionally, every purchase provides a meal to a hungry child through the Your Purchase Feeds Program. For more information visit http://www.shoplc.com and download the interactive app on iTunes, Google Play or many other streaming devices or televisions.

About VGL
Vaibhav Global Limited Vaibhav Global Limited (VGL) is listed on stock exchanges in India (BSE: 532156, NSE: VAIBHAVGBL, ISIN - INE884A01027). VGL is an omni-channel E-retailer of fashion jewellery, accessories, and lifestyle products in developed markets with direct access to ~102.5 million households (FTE) through its TV home shopping networks – Shop LC in US and Shop TJC in UK. The Company's ecommerce websites http://www.shoplc.com in the US and http://www.tjc.co.uk in the UK complement TV coverage and diversify customer engagement. Very recently, the Company established retail presence in the Germany market under the brand name Shop LC. VGL ranks 65th in Fortune India's Next 500 list 2021. The Company is committed to 'Delivering Joy' to all the stakeholders. Through its flagship One for One Program, now 'Your Purchase Feeds…', where a meal is provided for every piece sold at the retail channels, the Company has provided over 55 million meals in US, UK, and India since program inception.

About RangeMe
RangeMe, an ECRM company, is the leading online platform that streamlines new product discovery between suppliers and retailers. The platform empowers retail buyers to efficiently discover innovative and emerging products, while streamlining the inbound product submission process. For product suppliers, RangeMe enables them to grow their retail relationships with a platform that gives them the tools to manage their products, market their brand, and build awareness. Now integrated into the ECRM product offering, RangeMe adds increased breadth and depth to the industry's most complete sourcing solution for top retailers and product suppliers in the US.

Media Contact

Darren Bogus, Shop LC, 5129033021, darren.bogus@shoplc.com

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