state of fashion tech
DESCRIPTION
A talk I gave on April 9th, 2013 about the state of the industry.TRANSCRIPT
THE STATE OF
FASHION TECH# F A S H I O N T E C H
@3RDWAVEFASHION | @LIZAK
WHO AM I?
WHO ARE YOU?
WHAT IS FASHION TECH?
AGENDA
OUR DATABASE
370 INVESTORS | 880 PEOPLE | 36 CATEGORIES | 50 TAGS
OUR DATABASE
370 INVESTORS | 880 PEOPLE | 36 CATEGORIES | 50 TAGS
/ / C A T E G O R I E S
AffiliateAggregationAlgorithmic ShoppingBe The Fashion EditorCommerceCommunityContent + CommerceCurationDatabaseDirect to ConsumerDiscoveryEnterpriseFlash SaleGroup BuyingHackathonHybrid On- and OfflineImage SharingMarketplace
Mass Customization + BespokeMembership My BoutiqueNon-OwnershipPeer to PeerPlatformPre-orderRecommerceR.I.P.SaaSShowroomSocial ProductionSocial ShoppingStylingSubscription CommerceToolVirtual ClosetWearable Tech
OUR DATABASE
370 INVESTORS | 880 PEOPLE | 36 CATEGORIES | 50 TAGS
/ / C A T E G O R I E S
AffiliateAggregationAlgorithmic ShoppingBe The Fashion EditorCommerceCommunityContent + CommerceCurationDatabaseDirect to ConsumerDiscoveryEnterpriseFlash SaleGroup BuyingHackathonHybrid On- and OfflineImage SharingMarketplace
Mass Customization + BespokeMembership My BoutiqueNon-OwnershipPeer to PeerPlatformPre-orderRecommerceR.I.P.SaaSShowroomSocial ProductionSocial ShoppingStylingSubscription CommerceToolVirtual ClosetWearable Tech
RECOMMERCE
TYPES OF COMPANIES/ / R E C O M M E R C E
POSHMARK
TYPES OF COMPANIES/ / R E C O M M E R C E
BIB + TUCK
TYPES OF COMPANIES/ / R E C O M M E R C E
VAUNTE
ALGORITHMICSHOPPING
TYPES OF COMPANIES/ / A L G O R I T H M I C S H O P P I N G
POSHLY
TYPES OF COMPANIES/ / A L G O R I T H M I C S H O P P I N G
TRUE & CO
TYPES OF COMPANIES/ / A L G O R I T H M I C S H O P P I N G
BOMBFELL
CONTENT +COMMERCE
TYPES OF COMPANIES/ / C O N T E N T & C O M M E R C E
OF A KIND
TYPES OF COMPANIES/ / C O N T E N T & C O M M E R C E
JOYUS
JOYUS//PLAY
TYPES OF COMPANIES/ / C O N T E N T & C O M M E R C E
AVENUE 32
TYPES OF COMPANIES/ / C O N T E N T & C O M M E R C E
FAR FETCH
DIRECT TOCONSUMER
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
WARBY PARKER
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
EVERLANE
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
FRANK & OAK
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
BONOBOS
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
ELIZABETH & CLARKE
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
SOLE SOCIETY
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
CHLOE + ISABEL
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
BAUBLEBAR
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
COMBAT GENT
TYPES OF COMPANIES/ / D I R E C T T O C O N S U M E R
HARRY’S
MASSCUSTOMIZATION
+ BESPOKE
TYPES OF COMPANIES/ / C U S T O M I Z A T I O N
ALBERT MING
TYPES OF COMPANIES/ / C U S T O M I Z A T I O N
PROPERCLOTH
TYPES OF COMPANIES/ / C U S T O M I Z A T I O N
BESPOKEN CLOTHIERS
LUXURY BRANDS
BURBERRY
LUXURY BRANDS
OSCAR DE LA RENTA
LUXURY BRANDS
PETER SOM
LUXURY BRANDS
REBECCA MINKOFF
LUXURY BRANDS
LEXUS CERTIFIED PRE-OWNED
LUXURY BRANDS
TABLET SALES
INVESTMENT INFO
$198,804,000TOTAL INVESTED IN MARCH
INVESTMENT INFO
MARCH FUNDED COMPANIES
48.3
GIVEN TO “TOOL” BASED FASHION TECH SERVICESALONE
MILLION
$$$
PROOF
GLOSSYBOX RAISED OVER $70 MILLION// Shipped 2 million boxes
NASTY GAL EARNED $100 MILLION// 2012
ASOS HAS OVER 1 MILLION VISITS PER DAY// Earned $755 million last year: 46% increase
JOOR IS HITTING 350 MILLION TRANSACTIONS // 2013
THE FASHION TECH SCENE
20 MEETUPS6K+ MEMBERS
7 CONFERENCES
OUR CLIENTS
New York CitySan FranciscoLos Angeles
AustraliaIowa Ohio
Virginia Kazakstan
Spain
NY IN THE LEAD
SF IN THE LEAD
THE WORLD AROUND US
MOBILE ECONOMY DOWN, LUXURY PRICES UP BRANDS ARE PUBLISHERS ONLINE IS OFFLINE
LOOKING TO THE FUTURE
INTERNET OF THINGS AUGMENTED REALITY BIG SEXY DATA + ANALYTICS 3D PRINTING APIs VIDEO GAMIFICATION SLOW FASHION SEMANTIC WEB RESPONSIVE WEB MOBILE FIRST MOBILE SHOPPING MULTI-TOUCH DESKTOPS
OTHER TRENDS?
VIDEOS STORYTELLING SHOWROOMING BLOGGER INFLUENCE
WHAT DO WE NEED MORE OF?
COLLABORATION
INFORMATION
KEEP IT REAL
WHAT DO WE NEED LESS OF?
LAUNCH BUZZ
INVESTMENT FOCUS
DUPLICATE BUSINESSES
BANNED WORDS
FASHION 2.0ECOMMERCE
SOCIAL SHOPPINGDISRUPTIVEAUTHENTIC#HASHTAGS
FINAL THOUGHTS
SOLVE REAL PROBLEMS TAP INTO EXISTING NETWORKS + COMMUNTIES CREATE THEN CAPTURE KEEP AN EYE ON THE FUTURE
# F A S H I O N T E C H
FINAL THOUGHTS
SOLVE REAL PROBLEMS TAP INTO EXISTING NETWORKS + COMMUNTIES CREATE THEN CAPTURE KEEP AN EYE ON THE FUTURE
# F A S H I O N T E C H