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www.virtualoutfits.com
Bridging the retail experience online
OUR TECHNOLOGIES
Cutting edge body scan app Real time generation of user body shapes
TECHNOLOGIES CONTINUED Generates wearable 3D Garments from stock catalog images
OUR SOCIAL DASHBOARD
DEVELOP LOOKS WITH YOUR PERSONAL CLOSET SHARE WITH FRIENDS FOR FEEDBACK
OPPORTUNITY
5
Focused on a booming
$10 BN E-commerce apparel market
Over 3,000 Designers with a significant online presence
Self-funded $200,000 for 2+ years NO DEBT
Market validation with a known brand
1 Patent pending Several patentable techs
DIFFICULTIES SHOPPING ONLINE
How to measure and order the right size
STATUS OF THE INDUSTRY
ONLINE RETURNS
• 62% of customers are unhappy with fit
• 48% of e-stores report 25%-50% returns
• 41% are ordering multiple sizes for one item and returning those that don't fit
EFFECTS OF TRYING ON AT STORES
• 85% said they would buy a brand again if it fit wells
• 67% of consumers at stores ultimately buy something they tried on.
Source: Drapers’s Etail Report
E-STORE CLIENTS – SAAS BUSINESS MODEL
License platform on web stores Our pricing model
Free trial then charge 20% of the profit lift
Performance based
Compare conversion rates
Imbedded A/B Test
$5M Retailer – 2% Conversion - $100 AOV Sample Client
$8,333
Monthly Price
CASE STUDY A limited trial with our e-commerce store
$ $ $
Lower Returns
Improve Loyalty
Generate Social Traffic
Increase Sales
Metrics All Users After Try-on
Time / session 4.0532 min 4.5317 min
Conversion Rate 2.05% 2.25%
Average order value $50.97 $53.10
Try-on Adoption rate 87.40%
Total users for segment 3659 3198
Date Range 1/1/2016 - 5/15/2016
Our services will ultimately prove we can
COMPETITIVE LANDSCAPE
In-Store
eCommerce
Non-Visual
Visual
HOW WE COMPARE
Shadow resistance body scan
Visual try-on
Generate 3D clothes w/out scan or artists
No change in client’s process
U.S. Based
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EXECUTIVE TEAM
ADVISORY BOARD
FUNDING REQUEST
$500,000
21%
19%
43%
13%
4%
USE OF FUNDS FOR NEXT 2 YEARS
Operations Marketing Payroll Design Legal
18 MONTH PROJECTIONS
8 ACTIVE ACCOUNTS 100k CONSUMER APP DOWNLOADS
0
10
20
30
40
50
60
70
80
Y1 Y2 Y3
Total Active Accounts
-
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18
Total Installations
