EasySize - define clothes size in 1 click!

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Information about EasySize - define clothes size in 1 click!
Small Business & Entrepreneurship

Published on April 6, 2014

Author: EasySize

Source: slideshare.net

Description

Investor deck and presentation of EasySize - service for fashion, clothes retail online-shops to decrease their returns and define clothes size in 1 click.
www.easysize.me

make shopping easier

EasySize is a service for defining clothes size easy and quick

8 S XS sizes differ dramatically across brands

80-90% of all returns in EU online-shop are due to wrong size

20% of revenue lost due to returns

“returning” for an online-shop Delivery costs Sale at a loss Labour costs Damaged goods

€8.4 billion returning costs in Europe yearly

“1% fall in returns adds ≈ €12 million to the bottom line” Nick Robertson CEO why it’s critical

direct online-shop integration how we do it? EasySize algorithm e-commerce database

algorithm analysing various factors and orders history

how? current clients new clients pre-defined sizes defining a size by one known size

current client customer logs -in on an online- shop EasySize analyses previous orders defined sizes is showed for every open clothes page* * if a customer has enough relevant data for a defining the size for a specifying clothing item

pre-defined size current client

new client customer clicks the “Define size” button EasySize analyses added information and defines a brand size customer types any known brand size

new client direct online-shop integration

new client add a known brand size

new client get a result

just few seconds defined brand size

just few seconds happy customer

just few seconds saved money

benefits for an online-shop decreasing returning API & integration in <1 hour boost sales

but what is more important

happy customer

what we offer

74,3% the core algorithm’s accuracy ! proved by* ! *Results of the internal testing of the core algorithm with a real e-commerce database of orders records provided by artaban.ru. The accuracy can be higher depending on the database

roadmap Feb, 14 Mar, 14 Apr-May, 14 Jun, 14 Sep, 14 Feb, 15 Core algorithm’s update Technology check with a real database Pilots in EU Sales start in EU Sales start in AU & NZ Sales start in USA done Sep, 13 Startupbootcamp acceleration Nov, 13 Prototype done done done

business-model* monthly subscription OR % of “saved money”* * business-model will be tested during the pilots * ”saved money” - a case when a customer defines size by EasySize, buys clothes and does not return

age weight height quiz several clothes measurements photo digital clothes image brand size competitors previous orders brand sizes

we’re looking for €50k for pilots #fashion #e-commerce #e-commerce platforms #europe #usa

Gulnaz Khusainova Vladimir Smirnov CEO & Founder CTO & Founder Pratik SahRune Henriksen Dmitry Grikevich Web-developerWeb-developer Sales & marketing manager team

Gulnaz Khusainova gk@easysize.me

#fashion presentations

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