DM - Final Project Wearself - Assignment 5 - Wearself App
DM - Final Project Wearself - Assignment 5 - Wearself App
DM - Final Project Wearself - Assignment 5 - Wearself App
Final Project
"Wearself" App
THINK
billion in lost sales every year. Both big and small fashion labels are impacted, with some of
New York's elite favoring fake luxury bags over real ones. Consumer safety might be put at risk
by counterfeit items, which can be challenging to spot. Illegal counterfeiters also pose a threat to
the economy.
Third, inefficient supply chain and distribution. The fashion supply chain involves
numerous partners, including producers, suppliers, retailers, and consumers, resulting in
fragmentation. To produce their products at a price that is competitive, businesses must locate a
manufacturer and the appropriate materials. Then, clothing must be sold all over the world,
which may require working with several subcontractors. Due to a lack of visibility into the
complex network, the capital investment needed to make clothing and inventories may cause
delays and inefficiencies that eventually result in product failure.
Fourth, adaption to changing consumer demands. The fashion industry is aware of how
crucial inclusivity and diversity are to connecting with customers and inspiring them to express
themselves via the brand. Customers are demanding more customization and control over their
purchases as quick fashion, direct-to-consumer firms, and e-commerce gain popularity. To
satisfy these goals for diversity and inclusiveness, fashion firms must place a high priority on
consumer-centricity and customization, which will not only please customers but also boost
sales. Many companies are still working out how to put these changes into practice, though.
And, finally, all buzz and no business from fashion shows. Fashion weeks and trade
shows used to be essential for a brand's success because they gave them exposure and access to
key industry players. However, the return on investment for these events has dropped as
customers shop more frequently online and use social media to discover businesses. Fashion
shows demand a large time commitment and can cost up to $250,000. It might be time for the
fashion industry to reevaluate the significance of these events (Somani, 2022).
PEST Analysis
● Political Factors that can affect the clothing and fashion industry: Many
governments prohibit the import of materials used to create clothing from other nations due
to excessive tax rates. The government occasionally promotes the purchase of regional
goods in order to benefit the nation.
● Economic Factors that can affect the clothing and fashion industry: People
currently spend their money on nice outfits. Everyone in the fashion industry aspires to be
trendy. However, some people in our society struggle to meet their fundamental demands.
Investment in the fashion sector is therefore not an option. Consequently, the fashion sector
only has a small market.
● Socio-Cultural Factors that can affect the clothing and fashion industry: Any
market has a large social component. Some industries are impacted significantly by social
conventions, laws, and philosophies. One industry that significantly depends on societal
trends in the fashion sector.
● Technological Factors that can affect the clothing and fashion industry:
Technology has become a need rather than a choice. You need modern technology,
especially when it comes to business. Lack of it inhibits a small business from growing and
being successful. The key to success in the fashion sector is smart marketing. The best
marketing is produced when technology is used properly. Online shopping has been growing
in the last few years, this has changed the customer's way how to buy anything, mainly
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clothes. The fashion industry should be prepared to attend to all types of customers and in
the close future, only online customers (Wondershare EdrawMAx, n.d).
Who are the main current competitors? (If no direct competitors, what products do
customers currently use as substitutes to fulfil their needs?)
Wearself has one direct competitor called, Whering (See Appendix. Figure 1). Whering
the app, customers can digitize their clothes, get fashion advice, and find eco-friendly product
recommendations. The big difference between Whering and Wearself is, our app will provide a
secondhand store beyond the wardrobe and have Artificial Intelligence that will provide
recommendations on what can be sold as secondhand and if the customer really needs something
new (Crunchbase, 2023).
Besides Wearing, Wearself has indirect competitors that are only second-hand stores,
such as Heat (See Appendix. Figure 2). and By Rotation (See Appendix. Figure 3). Heat offers
curated collections of excess luxury fashion items and offers an engaging, first-class purchasing
experience. By Rotation is the first social fashion rental app in the world, it enables people to
share their wardrobes, and we are revolutionizing how fashion is consumed (Crunchbase, 2023).
Are there any emerging new competitors that are small, but worth paying attention
to?
According to Apptopia (n.d), Acloset AI Fashion Assistant (See Appendix. Figure 4) was
launched in 2021, and the proposal of the app is the same as ours. Acloset is a free digital closet
app that lets users purchase and sell things that are hidden deep in their closet in addition to
managing all of their clothing items in one location. Users have the ability to develop outfit
ideas, receive outfit recommendations and style statistics from each closet, and purchase and sell
gently used items for a fair price (Acloset, n.d).
Even though most of the products offered by the app are the same as our proposal, any
source mentions that they have a partnership with big retailers that can, together with the AI,
show to the users conscious purchase for specific items that they need. Thus, we can have the
advantage offer this to our users.
Who is the ideal target customer for your product? (What are their geographic,
demographic, psychographic, and behavioral characteristics?)
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The ideal target customer for this app is someone who is fashion-conscious, tech-savvy,
and values personalization and convenience. This could include:
Geographic:
● Urban and suburban areas in Canada in the beginning and on the world in a few
years with access to smartphones and internet connectivity.
● Regions with a high population density where people are more likely to have busy
schedules and need quick outfit suggestions.
Demographic:
● Young adults, between the ages of 18 and 40.
● The audience can be diverse and include people from all ethnic and cultural
backgrounds.
● They are who are interested in fashion, beauty, or lifestyle topics, and are more
likely to be fashion-conscious and interested in using technology to make their lives easier.
Psychographic:
● They are interested in fashion and clothing, but may not have the time or
knowledge to put together outfits on their own.
● They appreciate the convenience and enjoy trying out new technology that can
simplify their lives.
● They value personalization and prefer to have unique recommendations based on
their individual style preferences.
● They want to be more conscious of their purchase and buy only if they really need
it.
● They are environmentally conscious and worry about the future.
Behavioral:
● They use social media platforms like Instagram, Pinterest, and TikTok for fashion
inspiration.
● They are likely to shop online and purchase clothing from a variety of brands and
retailers.
● They like to have features that help day-by-day and make it easy.
Overall, the ideal target customer is someone who wants to have some assistance to can
use their clothes in the best way and feel confident in their fashion choices, and have this
assistance easy access. The app provides a convenient and personalized solution to this problem.
CREATE
● Usability: the application will be simple to use because we will have a toolbar at
the bottom of the application with the necessary navigation tools such as the preloved store,
the profile, the button to scan clothes, and the feed which can be customized, as well as a
search tool at the top where you can search for trends, users, all icons and images associated
with the toolbars will be clear, and we will consider the speed of loading images to optimize
this process
● Credibility: because social networks are important to our target audience, we will
rely on them and influencers to begin building the application's credibility, where we will
highlight the comments of users who use the closet option and purchase. Additionally,
because the application will only be available in the app marketplace in the review section,
customers will have the opportunity to evaluate the application and leave their comments.
The use of the security policy and acceptance of terms when the user is creating his account.
Finally, the application will feature an about us section where you can view firm
information, location, and contact information.
● Usefulness: Our application will provide value to our audience by providing a
unique experience using the clothes they have and the ability to buy and sell second-hand
clothes. Often, we have a lot of clothes and do not know how to combine them or get the
most out of the clothes. The use of AI in the application will help to provide personalized
recommendations based on user preferences and data analysis, which will save the audience
time, have more options to use the clothes, have profits, and contribute their bit to the
environment by lowering the fast-fashion.
Snapshot, and YouTube (Dash, 2019) with content related to how to have an easy Outfit of the
Day OOTD, how to scan clothes, how to sell clothes, as well as trends recommended by the IA,
how to save time using the app, how to sell clothes, how the app will be your personalized
assistant for the look, how to prepare your closet for the season, and how to schedule your outfits
for a whole week at university. Similarly, we will use influencers who use and make
recommendations for the application to promote its use. We will also publish blogs about
fashion, rapid fashion, and sustainability. All of these conversations and articles will include the
hashtags #Wearself, #FashionAI, #EcoFashion, #SmartStyle, #SecondHand, and #Preloved.
All of this great content will assist us in increasing app awareness, driving the second-
hand buying and selling option, and positioning the app in the minds of the target audience.
will be a good strategy. On average, the keywords have a bid between $0.69 and $5.32, thus we
would be willing to bid between $0.75 and $5.00.
To enhance our strategy, we will use the Ad Extensions associated with the seller's
ratings since the reviews and comments from previous customers regarding the app and the
second-hand sale option can generate more trust and credibility for the app for the target
audience.
ENGAGE
When will your product launch? Why did you choose that time of year?
Seasonality of the industry, if any
One potential timing consideration would be to launch the app during the spring or fall
seasons, which are typically associated with wardrobe transitions and fashion updates. Another
factor to consider is major fashion events and holidays, such as Fashion Weeks or Christmas,
which could provide opportunities to capitalize on the increased interest in fashion during these
times.
When will your marketing campaign start? Before, on, or after the product launch
date? Why did you make this choice?
It can be beneficial to start the marketing campaign before the product launch date. This
approach can help build buzz and anticipation for the product, generate excitement among
potential customers and increase brand awareness. Pre-launch marketing activities will include
social media teasers, email campaigns, influencer partnerships, and exclusive previews for select
audiences.
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However, there may be situations where it makes more sense to start the marketing
campaign on or after the product launch date. For example, if the product is targeted towards a
specific holiday or event, launching the marketing campaign closer to the event could help
increase relevance and engagement among the target audience. Additionally, if the product is
already well-known or has an established customer base, the marketing campaign may not need
to start as early.
The goal is to maximize the impact of the marketing efforts while staying aligned with
the overall business objectives.
How involved is your target audience in making this type of purchase decision?
Would this decision be planned (requiring lots of research and time), or unplanned
(requiring only a short burst of awareness about the product)?
For some users, this may be a planned purchase decision that requires significant research
and consideration. These users may be fashion-conscious and may want to ensure that the app
aligns with their style preferences and provides high-quality recommendations. They may also
compare the app with similar offerings in the market, read reviews, and ask for recommendations
from friends or influencers before making a purchase.
On the other hand, for some users, this may be an unplanned purchase decision that
requires only a short burst of awareness about the product. These users may come across the app
through social media or other marketing channels and be immediately interested in the
convenience and personalization offered by the app. They may download and use the app
without much prior research or consideration.
Overall, the involvement of the target audience in making the purchase decision involves
their level of interest in fashion, their prior experience with similar products, and their personal
preferences. As such, the marketing strategy for the app considers both planned and unplanned
purchase decisions and aims to reach potential customers through a variety of channels and
messaging to address their varying needs and preferences.
Yes, search engine optimization (SEO). Some of the key reasons are related to:
● Search engines like Google are constantly updating their algorithms to improve
the search experience for their users. This means that SEO strategies that worked well in the past
may not work as effectively in the future. By keeping the SEO campaign always-on, in critical
stay up-to-date with the latest algorithm changes and adjust your strategies accordingly.
(Mahmood, N. 2021)
● Competition for search engine rankings is becoming increasingly fierce. To
maintain in the competition is crucial to continuously optimize the marketing communication
channels, messages and content for search engines. (Mahmood, N. 2021)
● SEO is a long-term strategy that requires ongoing effort and investment. By
keeping the SEO campaign always-on, we can ensure to continually improve our search engine
bringing visibility and driving more organic traffic over time. (Mahmood, N. 2021)
● Search engine rankings can fluctuate frequently, and the strategy is to monitor the
rankings of the brand and make adjustments as needed to maintain or improve the positioning in
search engine results pages (SERPs). (Iqbal et al., 2022)
OPTIMIZE
Objectives
● Objective 1: Increase user engagement by 25% within the first three months of
launch.
● Objective 2: Obtain a return on investment (ROI) of at least 50% in the first year
of operation based on the selling commission from the "Second-life" feature.
Objective 1
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● The number of downloads (mobile app): App store analytics (Apple App Store or
Google Play Store) can be used to measure it. This feature allows businesses to view a
dashboard that can be sorted by geographic region or time (YTD, Monthly, and more). This
data can help us identify trends and compare marketing campaigns' success based on the
number of downloads we received that month.
● User retention:
○ Active users: Users who have used your app at least once within a
specified time frame.
○ Retention rate: The percentage of users who return to the app after the
initial download.
● User engagement:
○ Track session length: The amount of time a user spends actively using
your app during a single session.
○ User behaviour: which features are most popular, which screens are most
visited, and which clicks are made.
○ Ratings and reviews: These can be done in the app store or social media.
Objective 2
● ROI: It can be calculated by comparing the revenue generated by the app to the
cost of developing, marketing, and maintaining the app.
● Selling commission (5%): The "Second-life" feature would be built into the
software and charged in every transaction once another user purchased the item.
Objective 1
● App Store Analytics: The two major mobile stores provide a free dashboard to
monitor the application's progress in real-time. Furthermore, it can be filtered in a variety of
ways to provide access to the precise information wanted.
The marketing department would be in charge of delivering a monthly presentation
to the board to review how we are doing and how marketing campaigns impact user
engagement and downloads by territory.(See Appendix. Figure 9)
Objective 2
● Software: Any download would necessitate the user agreeing to the app's terms of
service and privacy policy, which detail how the app collects, uses, and shares user data. The
company would use this data to thoroughly examine the profits, costs, and user information.
Optimization
The company would implement various actions, such as:
● A/B testing to test different user experiences to determine what works best.
● Improve the app on a regular basis based on user feedback and ranking position.
Look for areas where users are leaving or not clicking.
● Marketing strategies that use social media and other channels to reach the
intended audience and increase sales.
● We can increase engagement and retention rates by using social media and
community blogs. Sign up with influencers to recommend the app and create a profile to sell
their used clothing.
● ROI: If necessary, cut costs and invest in marketing strategies to boost sales.
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References
Acloset. (n.d). Acloset is a digital closet fashion space for your smart fashion life.
https://www.acloset.app/-how-it-works
Apptopia. (n.d). Acloset - AI fashion assistant. https://apptopia.com/ios/app/1542311809/about
Crunchbase. (2023). Whering. https://www.crunchbase.com/organization/whering
Crunchbase. (2023). Heat. https://www.crunchbase.com/organization/heat-7fa2
Crunchbase. (2023). By Rotation. https://www.crunchbase.com/organization/by-rotation
Dash, M. (2019, August 9). Generation Y vs Z – How do they shop online? Belvg.
https://belvg.com/blog/generation-y-vs-z-how-do-they-shop-online.html
Iqbal, Muhammad & Noman, Muhammad & Manzoor, Engr. Dr. Amir & Muneeb Abid, Malik.
(2022). Search Engine Optimization (SEO): A Study of important key factors in
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Iskiev, M. (2022, July 28). How each generation shops in 2023. Hubspot.
https://blog.hubspot.com/marketing/how-each-generation-shops-differently
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Amazon Ads. (n.d). Learn how banner advertising works.
https://advertising.amazon.com/library/guides/banner-advertising
Mahmood, N. (2021, February). Search engine optimization.
https://www.researchgate.net/publication/349536805_SEARCH_ENGINE_OPTIMIZAT
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Predescu, A. (2023, February 8). Common standard banner sizes for 2023. Creatopy.
https://www.creatopy.com/blog/banner-standard-sizes/
Smith, P. (2023, February 15). Global apparel market - statistics & facts. Statista.
https://www.statista.com/topics/5091/apparel-market-worldwide/#topicOverview
YPluse. (2022, July 19). Social media is gen Z and millennials’ favorite place to get style inspo.
https://www.ypulse.com/article/2022/07/19/social-media-is-gen-z-and-millennials-
favorite-place-to-get-style-inspo/
Somani, V.(2022, March, 25). 5 common problems faced by the fashion industry (with
solutions!). World Fashion Exchange. https://www.worldfashionexchange.com/blog/5-
common-problems-faced-by-the-fashion-industry-with-solutions/
Dixon, S. (2023, March 02). Favorite social media platforms among internet users in Canada as
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Whering. (n.d). Partners & Services. https://whering.co.uk/services
Wondershare EdrawMAx. (n.d). Detailed PESTEL Analysis of fashion industry. Edrawmax.
https://www.edrawmax.com/article/fashion-industry-pestel-analysis.html#:~:text=The
%20political%20factors%20that%20influence,that%20it%20helps%20the%20country.
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Appendix
Note. This image serves as a reference for the application, using some of the design elements
proposed.
Note App Store Connect. App Analytics - App Store Connect - Apple Developer