virtual fitme presentation
DESCRIPTION
Virtual FitMe (VFM) introduces to the marketplace, a new, innovative software tool that enables interactive-shopping online that will provide retailers, utilizing web-based store fronts; added flexibility, accuracy, and convenience to their customers. Virtual FitMe is a virtual-self-depiction software system comprised of a human avatar creation program.TRANSCRIPT
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MARKETING TOOL FOR INTERACTIVE SHOPPING SYSTEM
PATENT PENDING
Our product is cutting-edge but our goal is simple. Our goal is to provide online users with the appropriate tools to shop conveniently just as they would in a brick and mortar store and to help online retailers benefit by offering this new means of shopping to its consumers.
At Virtual FitMe we continuously dedicate our time and effort into providing retailers and consumers with a permanent solution for an obvious problem. Our solution is not only straight forward but easy to grasp by those who will join us to make a global difference.
Company Goals & Objectives
Kacey Ximines Jay LeeFounder Research and [email protected] [email protected]
Jamin BrownDeveloper/ Engineer Wynoka [email protected] Sales and Marketing [email protected] Kelly BrownOperations John [email protected] Advisor
Investor/Public RelationsDarlene Bharath [email protected] Executive Marketing [email protected]
Meet the TeamVFM IS COMPRISED OF A TEAM OF YOUNG AND PASSIONATE INDIVIDUALS WHO TAKE BUSINESS, FASHION AND TECHNOLOGY SERIOUSLY
Virtual FitMe mission is to improve profitability for
clothing retailers, while their customers enjoy fast,
interactive, accurate, and convenient shopping for
shoppers who purchase clothing online, on a worldwide
sphere
Virtual FitMe Mission Statement
Online Shopping Increasing
According to the Daily Mail Reporter, “new research has revealed that up to 40% of clothing purchased online is returned to the retailer”
Online clothing sales beat in-store shopping by 41% (U.S. Census, 2008)
Social media is driving customers to shopping websites, generating a 3% increase in traffic on average (IMRG, 2012)
Online shopping yields environmental benefits by generating less carbon dioxide (Smithers,2007)
RETAIL CLOTHING ONLINE MARKET STATISTICS
In-Store Pick ups for orders placed online Smaller Retailers opening designated pick up locations for online orders Mobile Apps for all platforms growing, especially price comparison and
those that offer coupons More functionality important and user reviews More user-friendly video clips modeling new clothes or using a new
purchase (VFM) Social networking increasing to follow retailers and get discounts
(Victoria Secret #1 last month on Facebook) Daily deals and flash sales – Bargain shopping Retail based social networks like Facebook International ecommerce of small niche retailers increasing Deal aggregator sites
Forbes 10 Online Shopping Trends
Trends To Watch
While stores generally have the same labels for
clothing sizes, different store sizes can vary.
Oftentimes, this can even be the case within the same
store! This is very problematic for individuals who wish
to shop online or in catalogs for the majority of their
clothing. Because they cannot try on the clothing, they
simply have to guess what size to purchase.
ProblemONLINE SHOPPING FRUSTRATION
The Marketing Tool for Interactive Shopping is a virtual
shopping tool for consumers to make shopping easy and
more convenient. This innovative product allows individuals
to fit clothes on a virtual image of themselves and to get an
exact fit before buying the item. Individuals can use this
product when shopping online, when they are looking
through a catalog, as well as, when they are shopping in a
store.
Solution MARKETING TOOL FOR INTERACTIVE SHOPPING
A Marketing Tool for Interactive Shopping enables
virtual shopping for consumers. This unique product
can comprise software that can build a virtual image of
a person. Individuals can input their height, weight and
other distinguishing characteristics, and the program
can then, project this information onto a personal
virtual Avatar.
Virtual Fit MeAN INNOVATIVE SOFTWARE TOOL
Virtual Self-Depiction
Virtual self-depiction software
In contrast to conventional shopping
Visualize article of clothing
Confidence in making internet and catalog purchases
Enjoy playing “dress-up”
HUMAN AVATAR CREATION
Increase online sale by providing in-store experience
Decrease returns and dissatisfied customers
Gain consumer trust and improve repeat customer numbers
Collect statistical data about customers for marketing purposes
Increase sales from online fitting and eye shopping
Exclusive service to its customers
Retailers BenefitsIMPROVE PROFITABILITY
Engage in an enjoyable, entertaining online shopping
experience
Try on clothes 24/7 in the comfort of your own home
Match clothing with similar sizes (S, M, L, XL) across different
brands with more meaningful measurements
Share 3D “virtual you” across all Virtual Fit retail sites
Reduce physical stress of standing in lines
Elderly and physically disabled can shop online with ease
Consumer BenefitsFLEXIBILITY AND CONVENIENCE
• Cutting edge product
• New innovation
• Differentiation
• Low cost• Convenient shopping
Competitive AdvantageWhat Makes Virtual Fitme Different
Projected Sales GrowthSALES FORECAST
2012 2013 2014$0.00
$2,000,000.00
$4,000,000.00
$6,000,000.00
$8,000,000.00
$10,000,000.00
$12,000,000.00
$14,000,000.00
$16,000,000.00
2012 $4,000,000.00 2013 $8,000,000.00 2014 $16,000,000.00
There is great opportunity for our product in the marketplace. The way of shopping today will not be the future way of shopping.
Shoppers need convenience, flexibility, and accuracy in shopping online and speed and efficiently when shopping in a brick and mortar store.
The Marketing Tool for Interactive Shopping will accommodate consumers and set a global precedence in the market place.
ConclusionMARKETING TOOL FOR INTERACTIVE SHOPPING
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www.VirtualFitMe.com
SOCIAL NETWORKING SITES