Introducing Gilt.com!25th October 2011Dublin Chamber of CommerceSmart Series Event - Innovation                           ...
From Fashion to Lifestyle Brand4
Our Businesses!*Gilt!                                  *Gilt Man!                              *Gilt Home!Designer ready t...
Gilt Groupe At-A-Glance!MEMBERS                 MONTHLY SHOPPERS           BRANDS5 Million+! 1 Million!                   ...
Gilt’s Offering!The most aspirational shoppingexperience for a stylish lifeThree pillars to delivering this experience:!• ...
Clothing, Accessories
and Home Decor!• Clothing from $25 to over $10,000 per item• Accessories from $25 to $50,000• We hav...
The GILT Experience!Traditional E-Commerce                                   GILT                                         ...
Personalized Shopping!Using data from browsing, shopping and appends,Gilt offers a member a personalized experience tailor...
The Gilt on the Go Apps!   The iPhone, iPod Touch, iPad Opportunity   •  Gilt members were asking for a way to shop while ...
Innovation, Gilt and Ireland !25th October 2011                        ROLAND TRITSCH!                        VP ENGINERIN...
???!• ???• ???•• ???•• ???•• ???•• ???•• ???• • ???•• ???•???          12	  
The Road …!• … to Sally Gap• … to become innovative• … to become Steve Jobs• … to invent the Sony Walkman    • … and THEN ...
Evolution …!• … is similar to innovation• … is based on the balance ofmutation and selection    • Innovation is also “bipo...
16	  
Diversity …!• … is at the core of Innovation• … leads to Productive Friction                                   17	  
Ireland …!• … has a very diverse population of software engineers• … has a good tolerance/culture for thinking different• ...
THANK YOU!             19	  
Innovation, Gilt and Ireland - 11/2011
Innovation, Gilt and Ireland - 11/2011
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Innovation, Gilt and Ireland - 11/2011

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Innovation, Gilt and Ireland - Dublin Chamber of Commerce - Smart

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Innovation, Gilt and Ireland - 11/2011

  1. 1. Introducing Gilt.com!25th October 2011Dublin Chamber of CommerceSmart Series Event - Innovation FIDELMA HEALY, ! CHIEF OPERATING OFFICER GILT IRELAND!
  2. 2. From Fashion to Lifestyle Brand4
  3. 3. Our Businesses!*Gilt! *Gilt Man! *Gilt Home!Designer ready to wear! Designer ready to wear! Bedding and bath!Contemporary ready to wear ! Contemporary ready to wear ! Home decor!Designer footwear & accessories! Designer footwear & accessories! Dining and tabletop!Contemporary footwear & accessories ! Contemporary footwear & accessories ! Home office!Jewelry! Sports gear ! Rugs!Beauty ! Gadgets ! Electronics !Services ! Services ! Pet ! Furniture ! Lighting ! Outdoor !Gilt Japan!Designer ready to wear!Contemporary ready to wear !Designer footwear & accessories! Gilt City!Contemporary footwear & accessories! Local services and experiences!Electronics & Appliances ! *Gilt Children! Infant and kids apparel! Gear and accessories !Gilt Noir! Toys and games ! Bedding !Private Site for top members!Designer ready to wear! Jetsetter! Furnishings and decor ! Travel experiences! Maternity !Exclusive Experiences!Early preview of events!Personalized service!
  4. 4. Gilt Groupe At-A-Glance!MEMBERS MONTHLY SHOPPERS BRANDS5 Million+! 1 Million! 6,000+!DAILY UNIQUE VISITORS PACKAGES SHIPPED PER DAY DIRECT CONTACTS PER WEEK400,000! 10,000! 12,000!PICTURES / DAY FASTEST SELL OUT MOST EXPENSIVE ITEM3,000! 0.25 sec.! $25,000! 5  
  5. 5. Gilt’s Offering!The most aspirational shoppingexperience for a stylish lifeThree pillars to delivering this experience:!• Coveted clothing, accessories, home goods, services and travel!• Simple, fast and fun site experience• Personalized shopping 6  
  6. 6. Clothing, Accessories
and Home Decor!• Clothing from $25 to over $10,000 per item• Accessories from $25 to $50,000• We have also offered hard to find items with a vintage Rolex sale, vintage guitars and vintage cars. 7  
  7. 7. The GILT Experience!Traditional E-Commerce GILT Reliable and Convenient Addictive and Fun Everything Curated Have to… Want to… Text-Driven Browsing Visual Browsing Product-Driven Stores Lifestyle-Drive Stores Same Product Every Day New Every Day Search Discovery Start on Google Go Direct Buy Traffic on Google Viral and Repeat Low Loyalty Raving Fans
  8. 8. Personalized Shopping!Using data from browsing, shopping and appends,Gilt offers a member a personalized experience tailoredto the current and changing shopping behavior. 9  
  9. 9. The Gilt on the Go Apps! The iPhone, iPod Touch, iPad Opportunity •  Gilt members were asking for a way to shop while mobile •  Roughly 17% of weekday revenue and 30% of weekend revenue is coming from mobile users. •  iPhone app downloads are at 1.5 million and iPad app downloads are at 727,000.  Android app downloads are at 136,000. Seeing strong mobile purchases in all categories. Purchases made on the Gilt apps include: •  A $15,000 necklace •  A $3,500 Kyle Bunting rug •  Most popular purchases are handbags, dresses, underwear, sneakers, suits and jeans •  Two All New 2011 Jettas at $5,995 eachSource: Asymcos Horace Dediu, estimated from Apple (AAPL) company reports
  10. 10. Innovation, Gilt and Ireland !25th October 2011 ROLAND TRITSCH! VP ENGINERING
 GILT IRELAND!
  11. 11. ???!• ???• ???•• ???•• ???•• ???•• ???•• ???• • ???•• ???•??? 12  
  12. 12. The Road …!• … to Sally Gap• … to become innovative• … to become Steve Jobs• … to invent the Sony Walkman • … and THEN the iPod• … to the moment of brilliance 13  
  13. 13. Evolution …!• … is similar to innovation• … is based on the balance ofmutation and selection • Innovation is also “bipolar” • Ideas and Inventions• … can help you to find a way toselect the “fittest” ideas 14  
  14. 14. 16  
  15. 15. Diversity …!• … is at the core of Innovation• … leads to Productive Friction 17  
  16. 16. Ireland …!• … has a very diverse population of software engineers• … has a good tolerance/culture for thinking different• … can become an Innovation Hub in Europe 18  
  17. 17. THANK YOU! 19  
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