SuitApp AI-powered solution to match relating items - OUTFITS FOR FASHION RETAIL BEAUTY PRODUCTS - Female Founders
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SuitApp AI-powered solution to match relating items OUTFITS FOR FASHION RETAIL BEAUTY PRODUCTS SETS OF FURNITURE AND HOUSEHOLD PRODUCTS FOOD
Problem To be viable and successful eCommerce companies
have to provide their customers with additional value
from retailers' perspective from customers’ perspective
7, 500
24M OF OTHER
COMPANIES
Sales in trillions US dollars
TOP 10 E-COMM «They want me to buy, they don’t
COMPANIES care about how I should use it»
5, 500
similar products
2, 500
0
2017 2018 2019 2020 2021 2022 2023
other users also buy
Global eCommerce sales growth 2017 — 2023 *
*Source: statista.com
Solution Each retailer or brand can offer a unique expertise
to help their customers succeed with what they buy
by professionally
matching items in sets for
final customers we
generate more than 10%
WEAR IT WITH
higher total revenue for
eComm companies
Vision We are planning to enrich four eCommerce industries
with our AI-powered solution until 2023
*
Revenue in eCommerce market
500
Fashion
Revenue in millions US dollars, 2019
400
Food
300 Furniture
*23% CAGR
*9-15% CAGR
Personal care
200
*20% CAGR
SuitApp
product pipeline 2018 2020 2021 2023
*Source: statista.com
Product In the chaos of choice we give a smart tool
to place retailer on a driver's seat
100% 97% 90%
Neckline
Round
Oval
V-neck
Square
American
Armhole
Bat-sleeve
Set-in
Length Set-in deflated
Long
Square
American
Sleeve shape
KPIs Using our product retailers can get 30% higher
average order value
«you may also like» SuitApp
recommendations «complete the look»
Click rate
from 100% of users who see 7-15% 40%
recommendations
Product views
per session
+3-5 items +10-15 items
Average Order Value +10% +30%
Market size The artificial intelligence in retail market is
expected to grow at a CAGR of 35.9% f rom 2019 to 2025 to reach $15.3
billion by 2025
$ 16 bln+
$ 3 bln+
$ 1.2 bln+
SOM
TAM SAM
AI technologies AI-based personal SuitApp target market
for retail recommendationsCompetition
Use
We cases
understand customers needs and
are not limited by any factors
manual labor image recognition
(stylists team) companies SuitApp
more than 1M unique
outfits per day
easy integrations via API,
widget, mobile SDK
customisation for
customer marketing needs
analyticsBusiness model We are flexible to work with any
size businesses
$5000/month $10000/month $15000/month
Catalogue size 100 000 items 500 000 items 1 000 000 items
Outfits per month 2 000 000 8 000 000
20 000 000
Automatic replacement
of sold out items
Personal manager
Analytics of customers'
styling preferences
LAZADA.MY, BUTIK.RU ZALORA.COM LAMODA.RU, OZON.RU,
current clients and prospects on negotiation
KUPIVIP.RU SPORTMASTER.RU MYNTRA.COMStatus and roadmap
2023 — 2025
subject to successful Series A financing
Next 18 months
subject to successful Seed financing
We are planing to launch the
SuitApp engine for
2018-2019 household products and
We want to hire Sales and foodstuffs
Business Development
people
We’ll acquire 5000 new
We'll acquire 220 new customers
We developed the
SuitApp engine for customers in Europe, ASEAN
and Russia We want to expand our team
fashion retail
(sales people, data scientists,
We’ll work with fashion, developers, marketers and
We acquired 5 paying product managers)
kidswear, beauty product
customers and validated
and start the development of
our technology with
SuitApp engine for furniture
them
and household productsTeam We are a strong team of professionals that covers business
and tech skills
Elena (CEO) Jen (COO) Dmitry (Bizdev)
7+ years product 7+ years of 2 years Vice
and general entrepreneurship, President of
management international Innovations, 7+
experience bizdev years CEO S7 Retail
in S7 Group
ADVISORS OUR TECH TEAM
Egor
15+ years CTO,
Project management
and analysis in IT
Diana
expert in building,
organizing and Data science Algorythms JS frontend IOS frontend
coordinating salesThe ask
Prior investment We are looking for $1,5M Seed
$100K — 2 Angel investors
financing and introduction Elena (CEO)
$200K — «The Untitled Ventures» to European Fashion eComm elena@suitapp.my
Equity free Accelerators: SALES
EU and ASEAN
region
expansion
Jen (COO)
jen@suitapp.my
DEVELOPMENT
SuitApp engine for
furniture
and household suitapp.me
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