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Commoditization to Automation  WTF Do We Do?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PROFILE HELLO… WE’RE ZUGARA
 
Commoditization – Graphic (Definition)
 
Commoditization Commoditization is the dilution of a market sector's internal differentiation and competitive nuances in favor of a mass market where price alone determines consumer behavior. The industry's mode of competition thus moves away from innovation of the underlying, commoditized product and toward alternative methods of building value.
 
Now anybody could claim they were  ‘digital’ or ‘interactive’…
Kinda like how Twitter’s made all these ‘social media experts’ today
Looking Back to The Year 2000…
The Web
That Changed In Only 10 Years Time…
 
We Saw AR For the 1 st  time…
And knew this was the future of interaction with digital information                   VIEW INTERACT ACCESS
 
So We Set Out To Build Our Own AR Tech….So We Wouldn’t Have to Answer To “The Man”
We Targeted  E-Commerce and Identified A Problem…
Shopping Offline Is An Emotional Experience
Online, Not So Much
[object Object],Amazon 1990’s Amazon 2010
Abandoned Carts 45% of U.S. online shoppers abandoned shopping carts multiple times over a span of three weeks. (Paypal & ComScore)
Low Conversions Conversion rates are low, with the “gold standard” being between 2% and 3%
High Return Rates The average return rate for online clothing retailers is about 20% but goes as high as 50% for some. (Forrester Research)
What If Consumers Could Have That “At The Rack” Experience, Online?
Enter Augmented Reality
Augmented Reality Shopping - Fashionista
Challenges Still Ahead… ,[object Object],[object Object],[object Object],[object Object]

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Notas do Editor

  1. It’s utilitarian and provides no emotional satisfaction. Conversion rates are low, with the “gold standard” being between 2% and 3%. Cart abandon rates are high. 45% of U.S. online shoppers abandoned shopping carts multiple times over a span of three weeks. (Paypal & ComScore) The average return rate for online clothing retailers is about 20% but goes as high as 50% for some. (Forrester Research) "If I'd asked people what they wanted, they would have said a faster horse .“ – henry ford