Date post: | 31-Jul-2015 |
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Small Business & Entrepreneurship |
Upload: | cynthia-schames |
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AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Enabling CLOTHING THAT FITS Every body.
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
The Fashion industry Is broken
ABBEYPoST IS The world’s first Algorithmic clothing production system To enable clothing that fits. Every body.
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Market Size
Off the rack clothing is cut for one shape & Size range.
But Women Come in all shapes
And sizes!
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
women in the us
100M Apparel Spend
Per Year
$108B 40% American Women
Shop online
Market Size
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Market
BUT…40% of all ecommerce purchases end in returns. This costs retailers ~$40B/yr.
The #1 reason? Fit.
Size
40% ecommerce
Return rate
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
For a better fit Made to measure
The Custom fashion revolution
Our Solution
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Proprietary software platform
Our Solution
Manufacturing innovation
Made in america Made to measure For a better fit
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
7 Simple user-submitted data points
Our Solution
Statistical model using 3D Body scans
Custom Algorithmic pattern Made to measure For a better fit
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
“Nordstrom made to measure”
Our Solution
Made to measure For a better fit
DESIGNER CLOTHING, personalized fit decrease returns, increase profits
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
31% MOM GROWTH
$129 Average Order
70% PROFIT MARGINS
Beta Test The
AbbeyPost.com Brand for Plus Size women
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
$129 Average
first Order
1.3X Average subsequent
Order
30% Repeat Purchase
<30 days
Beta Test The
AbbeyPost.com| Brand for Plus Size women | The Beta Test
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
<2% RETURN RATE
Vs 40% industry standard
Beta Test The
ABBEYPOST.COM The Beta Test
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
CLOTHING THAT FITS Every body.
The Opportunity
The typical ecommerce return rate is 40%
Our return rate is <2%.
BRANDS & Retailers need this solution & will save billions/yr.
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
CLOTHING THAT FITS Every body.
The Opportunity
Our 30% repeat purchase rate and <2% RETURN RATE Proves that we nailed the PROCESS.
we’re making something people want.
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
The Opportunity
How much more important is better-fitting clothing to women?
Mens Custom Apparel is exploding in sales (and valuations)...
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Cynthia Lex ceo
The Team
cTo VP cassaundra
Our Team
2nd time ecommerce founder with a successful exit
7 years leading ecommerce Development teams
20 years in Fashion Design & Manufacturing
SARAH CMO
10 years BRAND MARKETING & PR EXPERTISE
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
Technology A l g o r i t h m i c C A D P a t t e r n i n g : L I V E • I n c r e a s e d m a n u f a c t u r i n g e f f i c i e n c y b y 2 7 % • R e d u c e d f a b r i c w a s t e B Y ~ 1 2 %
A l g o r i t h m i c a l l y C a l c u l a t e d M e a s u r e m e n t s : B E T A • U t i l i z E S L a r g e h i s t o r i c a l d a t a b a s e t o g e n e r a t e d e t a i l e d
m e a s u r e m e n t p r o f i l e • C A N F U N C T I O N A S S O F T W A R E P L A T F O R M F O R M A J O R B R A N D S & R E T A I L E R S • A l l o w s f o r m o r e c o m p l i c a t e d c o n s t r u c t i o n w i t h o u t c u s t o m e r
f r i c t i o n B 2 B S O F T W A R E P L A T F O R M : A L P H A • C A P T U R E S N E W C U S T O M E R S E G M E N T I N E X T E N D E D S I Z E S
• W I L L S A V E B R A N D S & R E T A I L E R S B I L L I O N S b y E X P O N E N T I A L L Y R E D U C I N G R E T U R N R A T E & I N C R E A S I N G S A L E S
AbbeyPost abbeypost.com � [email protected] � angel.co/abbeypost
{ Angel Investors } N n a m d i O k i k e B A R B A R A C L A R K E D a v e S h e n M i k e O k y e r e Y i s h a n W o n g
Existing Investors Previously raised $625K seed From