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IBM WEEKEND CHALLENGE
EASYFIT
ONLINE SHOPPING
DISSATISFACTION
RETURN PURCHASE
GLOBALLY ONLINE
CUSTOMER
RETURN 25% OF
PURCHASED
70% because of
THE WRONG SIZE
UNCOMFORTABLE
EXPERIENCE
COST GENERATED FROM RETURNS:
SHIPPING
HANDLING
CREDIT CARD PROCESSING FEES
REPACKING
RESTOCKING
No. 1 REASON FOR CLOTHES RETURN:
NOT FITTING SIZE
80% of first time
customer that experiences
a return ACTUALLY NEVER
SHOPS WITH THAT
WEBSITE
INEFFECTIVENESS OF INVENTORY MANAGEMENT
70% of Chinese citizens
are ONLINE SHOPPERS
(413,25 mln)
WE AIM AT DECREASING THE NUMBER OF RETURNS FROM
ONLINE-SHOPPERS AND WOULD LIKE TO MAKE ONLINE
SHOPPING EXPERIENCE NOT ONLY MORE INTERESTING, BUT
ALSO MORE CREDIBLE FOR BOTH SHOPPERS AND RETAILERS.
VALUE PROPOSITION
Pr totype
3D BODY SCANNING
MORE PRECISE MEASUREMENTS
HARMLESS WHITE LIGHT
NON-CONTACT
PERFECT MEASURE OF THE BODY
3D AVATAR
TRY ON CLOTHES ONLINE
STORE SHOPPING HISTORY
PERSONALIZED SUGGESTIONS
SHARING WITH FRIENDS
PUBLIC CLOUDPRIVATE CLOUD
COMPANY 1
APP
DATA STORAGE
COMPETITORS: Successful Story
WHO? RESULTS:WHAT? GAPS:
Fully Measured
3D Prototype
• Bump sales to new
customers for 57%
• Achieve reduction in
Returns: Up to 77%
• 40% are buying
recommended size
• Customers manually
do the measurement and
input parameters
• Approximate
measurement of the size
and shape
• No Option of Chinese
language
• No Presence in the
Chinese market
WHY TECHNOLOGY
IBM EXISTING TECHNOLOGY IBM’S GOAL
• LEVERAGING COGNITIVE
TECHNOLOGY
• IMPLEMENTING THE CLOUD
TECHNOLOGY
IBM ADDED VALUE
• COGNITIVE LEARNING
• 3D MODELLING FOR THE
CLOTHES
• MORE ACCURATE BODY
MEASUREMENT
+1
+7
+17
+17
+8
2%
13.5% 34.25%
34.25% 16%
Start with innovators
Laggards are less
competitive
1 Brand
18 months
5 mln. RMB
budget
WHAT ARE ‘S BENEFITS ?
IBM FASHION RETAILER
HELP RETAILERS MAKE
SALEABLE CLOTHES
COLLECT MEASUREMENT
AND PREFERENCES DATA
MASS-CUSTOMIZATION
BRAND LOYALTY
GO GLOBAL
SIZE OF THE PRIZE
TRUST
BRAND LOYALTY
EASY SHOPPING
NEW CUSTOMER EXPERIENCE
RETURN
MASS CUSTOMIZATION
OF PRODUCTION
EFFICIENT INVENTORY
MANAGEMENT
THANK YOU
Théa Kassas - thea.kassas@gmail.com
Martina Pirisi - martina.pirisi@hotmail.com
Anna Mikhalchenko- ani5689ma@yandex.ru
Liudmila Pape - papeluda@yahoo.com
Veronica Ivanikhina - veronichka91_91@mail.ru

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EASYFIT

  • 3. GLOBALLY ONLINE CUSTOMER RETURN 25% OF PURCHASED 70% because of THE WRONG SIZE UNCOMFORTABLE EXPERIENCE COST GENERATED FROM RETURNS: SHIPPING HANDLING CREDIT CARD PROCESSING FEES REPACKING RESTOCKING No. 1 REASON FOR CLOTHES RETURN: NOT FITTING SIZE 80% of first time customer that experiences a return ACTUALLY NEVER SHOPS WITH THAT WEBSITE INEFFECTIVENESS OF INVENTORY MANAGEMENT 70% of Chinese citizens are ONLINE SHOPPERS (413,25 mln)
  • 4. WE AIM AT DECREASING THE NUMBER OF RETURNS FROM ONLINE-SHOPPERS AND WOULD LIKE TO MAKE ONLINE SHOPPING EXPERIENCE NOT ONLY MORE INTERESTING, BUT ALSO MORE CREDIBLE FOR BOTH SHOPPERS AND RETAILERS. VALUE PROPOSITION
  • 6. 3D BODY SCANNING MORE PRECISE MEASUREMENTS HARMLESS WHITE LIGHT NON-CONTACT PERFECT MEASURE OF THE BODY 3D AVATAR TRY ON CLOTHES ONLINE STORE SHOPPING HISTORY PERSONALIZED SUGGESTIONS SHARING WITH FRIENDS
  • 8. COMPETITORS: Successful Story WHO? RESULTS:WHAT? GAPS: Fully Measured 3D Prototype • Bump sales to new customers for 57% • Achieve reduction in Returns: Up to 77% • 40% are buying recommended size • Customers manually do the measurement and input parameters • Approximate measurement of the size and shape • No Option of Chinese language • No Presence in the Chinese market
  • 9. WHY TECHNOLOGY IBM EXISTING TECHNOLOGY IBM’S GOAL • LEVERAGING COGNITIVE TECHNOLOGY • IMPLEMENTING THE CLOUD TECHNOLOGY IBM ADDED VALUE • COGNITIVE LEARNING • 3D MODELLING FOR THE CLOTHES • MORE ACCURATE BODY MEASUREMENT
  • 10. +1 +7 +17 +17 +8 2% 13.5% 34.25% 34.25% 16% Start with innovators Laggards are less competitive 1 Brand 18 months 5 mln. RMB budget
  • 11. WHAT ARE ‘S BENEFITS ?
  • 12. IBM FASHION RETAILER HELP RETAILERS MAKE SALEABLE CLOTHES COLLECT MEASUREMENT AND PREFERENCES DATA MASS-CUSTOMIZATION BRAND LOYALTY GO GLOBAL SIZE OF THE PRIZE
  • 13. TRUST BRAND LOYALTY EASY SHOPPING NEW CUSTOMER EXPERIENCE RETURN MASS CUSTOMIZATION OF PRODUCTION EFFICIENT INVENTORY MANAGEMENT
  • 14. THANK YOU Théa Kassas - thea.kassas@gmail.com Martina Pirisi - martina.pirisi@hotmail.com Anna Mikhalchenko- ani5689ma@yandex.ru Liudmila Pape - papeluda@yahoo.com Veronica Ivanikhina - veronichka91_91@mail.ru