fashion and social media

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Fashion & Social Media

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My presentation for London's College of Fashion Fashion Startup Academy

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Page 1: Fashion and social media

Fashion &

Social Media

Page 2: Fashion and social media

@amalucky#fashion

#tech

Page 3: Fashion and social media

What's the status quo of Fashion online?

Page 4: Fashion and social media

$41bn the second largest and fastest growing e-commerce category in the US. Source:GP_Bullhound_Research_Online_Fashion_May_2013

Page 5: Fashion and social media

The number of apparel sites goes up by

126%year-on-year.

Page 6: Fashion and social media

Social Media + Fashion=Match Made In Heaven

Page 7: Fashion and social media

(Source: ComScore Media Metrix, Europe, May 2012)

Page 8: Fashion and social media

[Source: l2thinktank]

Page 10: Fashion and social media

Social Curation Platforms

Neiman Marcus

experienced a 1800% increase in sales from Lyst

Page 11: Fashion and social media

Source: SocialBakers

Page 12: Fashion and social media

How has this affected the industry?

Page 13: Fashion and social media

“Mainstream adoption of social media and the ease of access to the Internet have caused this democracy of trends...the average consumer is more informed about trends in fashion and their demand for newness, paired with the industry's ability to manufacture, swiftly results in high-end trends hitting mass market at the same time”

Julia Fowler, EDITD

Page 14: Fashion and social media

Open Front Row

Page 15: Fashion and social media

As live as it gets!

Page 16: Fashion and social media

Crowdsourcing

Page 17: Fashion and social media
Page 18: Fashion and social media

Social Commerce

Page 19: Fashion and social media

Source: L2ThinkTank

Page 20: Fashion and social media

● Driving sales● Shopping with

Friends● Pop up Shops

Page 21: Fashion and social media

Customer Service

Page 22: Fashion and social media

Shoppers who ask pre-purchase

questions via Social Media are

10×15 times more likely to purchase

Shoppers who read Social Q&A

dialogue around a product are

3-7x more likely to purchase

infographic from TurnTo

Page 23: Fashion and social media

The Future?

Page 24: Fashion and social media

Wearable Tech is set to be the next major technology battleground

and a $10 billion industry by 2016.

http://www.businessoffashion.com/2013/05/amidst-flurry-of-activity-fashion-brands-absent-from-wearables-revolution.html

Page 25: Fashion and social media

Nike+ social platform has

more than 6 million members that use it an average

of 3 times per week.http://econsultancy.com/gr/blog/62412-how-nike-uses-facebook-twitter-pinterest-and-google

Page 26: Fashion and social media

Thank you!

xo

@amalucky

All photos from http://images.google.com/hosted/life