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Anna Joshy (57228910)

Sedu-Nazia (58113654)

Pradnya Ravikumar (59011113)

To Hoi Tung (58720050)

SO Tsz Pok (58536141)

Wong Wing Ki (57148590)

Henry Jr Mong (57897643)

CoutureXConsumer Behavior �New Product Release Conference

Socially Fashionable

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Agenda

01

04

Product Overview

Needs Analysis

Differentiation

Implications

Future Development

02

03

05

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Be Your Ideal Self

Constrained by conventional purchasing obstacles?

Discover and showcase your ideal self

Socialise with your niche

“CoutureX”

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Product Overview

01 Product Overview

02

03

04

05

AR Wardrobe

Community

(Chatrooms & events)

E-Commerce

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Key Features

Virtual Wardrobe

E-Commerce

01 Product Overview

02

03

04

05

Community

(Chatrooms & events)

Gain Status Points and unlock exclusive events

(e.g. Sustainable workshops)

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Key Features

AR Wardrobe

01 Product Overview

02

03

04

05

E-Commerce

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Target Audience

GenZ Characteristics

  • Fashion and eco-conscious

  • Pursuit of self-uniqueness and differentiation

  • Seek peer relationships and genuine affirmation

  • Concerned whether the clothes they buy online will fit

GenZ Facts

Wish to convey their “Personality” through fashion

Repeat purchases in e-commerce (vs. In-store shopping)

Use social media to discover and purchase the latest fashion items

01 Product Overview

02

03

04

05

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Why We Created CoutureX

Social Pressure

& Fast Fashion

01 Product Overview

02

03

04

05

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Why We Created CoutureX

Interactive

Online Shopping

01 Product Overview

02

03

04

05

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Aspire.�Discover.�Belong.

01 Product Overview

02 Needs Analysis

03

04

05

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Be Who You Aspire To Be.

Tendency to engage in behaviour that allows individuals to approach their ideal self-image

Self-Esteem

01 Product Overview

02 Needs Analysis

03

04

05

Following Influencers/Micro Trends

Mob Wife

Ladies Who Lunch

C*nty Country

Actual

Ought

Ideal

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Discover Your Unique Style.

People seek to avoid both extreme dissimilarity and extreme similarity

Uniqueness Theory

01 Product Overview

02 Needs Analysis

03

04

05

Ought

Ideal

Actual

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Discover Your Unique Style.

01 Product Overview

02 Needs Analysis

03

04

05

Ought

Ideal

Actual

People seek to avoid both extreme dissimilarity and extreme similarity

Uniqueness Theory

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Feel Like You Belong.

01 Product Overview

02 Needs Analysis

03

04

05

What is most likely to influence clothing items Gen Z or Millenials buy U.S. and Canada 2021 (Ypulse, 2021)

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Feel Like You Belong.

01 Product Overview

02 Needs Analysis

03

04

05

What is most likely to influence clothing items Gen Z or Millennials buy U.S. and Canada 2021 (Ypulse, 2021)

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Differentiation

03

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

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Competitor analysis

Zalando

ASOS

European fashion & shoes brands with AR capabilities

Wide variety of brands, clothing & sizing options

Snapchat

H&M

Social media app with AR technology through filters

Affordable clothing in line with current trends and AR capabilities

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

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Perceptual Map

High

High

Low

Low

Styling (AR/AI)

Fashion Variety

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

CoutureX

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Perceptual Map

High

Low

Low

High

Fashion

CoutureX

Social

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What sets us apart?

Style Analysis

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

Community & Social Interaction

Interactive Realistic Customizable

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Style Analysis

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

Weekly Personalized Recommendations

AI Analysis for Styling Tips

Real-time

Feedback

CoutureX

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Community & Social Integration

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

CoutureX

VS.

No social or community integration

Limited community interaction

Interactive user reviews & ratings

Online & Offline events

Community-backed recommendations

Community & Private chatrooms

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Interactive, Realistic, Customizable

Zalando and H&M cannot replicate our AR depictions

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04

05

Life-like depictions​ of clothing

Maximum self-personalization

ASOS allows for some customization but not extensive personalization

Interactivity! Interactivity! Interactivity!

We offer real-time AR interactivity, events, and chatrooms for users

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Implications

04

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04 Implications

05

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Implications

Identity Exploration

and Self-Expression

  • Promote personal discovery in styling

  • Encourage evolving identities

Social Influence and Community Validation

  • Increase confidence in styling

  • Create a positive feedback loop

  • Foster a stronger sense of belonging

1. Fashion engagement behavior

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04 Implications

05

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Implications

Post-Purchase

Experience

  • Reinforce validity of consumer’s decision

  • Reduce the rate of return for producer

Seamless Discovery and Purchasing Process

  • Reduce decision time

  • Increase consumption

 

  • Enhance overall satisfaction

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04 Implications

05

2. Customer purchase behavior

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The Future

Looking Forward for CoutureX

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04 Implications

05 The Future

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Looking Forward

01 Product Overview

02 Needs Analysis

03 Product Differentiation

04 Implications

05 The Future

Score System

Thrifting & Upcycling

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Do you have any questions?

Thank You