What is stitch fix?Launched four years ago, Stitch Fix applies its data analysis algorithms to the style preferences that its customers provide to generate product recommendations.These things are used by its stylists to create a personalized selection of five clothing and accessories sent to every customer.
We recognize of course the model adopted by different bands. Except that Stitch Fix requires $ 20 for this selection service, which is only redeemed if the client decides to keep at least one of the items. In addition, the subscriber who buys the five items receives a 25% discount on their total amount. The company does not publish its sales, but it could exceed $ 200 million this year despite very limited marketing spending, thanks to a very laudatory word of mouth. In short, Stitch Fix had no trouble doubling Trunk Club which, created in 2009, claimed $ 50 million in sales after four years, just before being bought $ 350 million by Nordstrom.
Although Stitch Fix must bear significant delivery costs, its recommendations, whose accuracy increases over time, should allow it to increase its average basket. The analysis of the preferences and purchases of its customers also serve to him to determine more intelligently which stock to buy. And the growth of its six own brands is constantly improving its margins. Finally, Stitch Fix has formed a leadership team of shock.
Why should you choose stitch fix?
Above we have learned What is stitch fix? Now let us have a look at the prime benefits of shopping with this brand.
Something for everyone
Stitch Fix is a store with a huge collection of clothes for children and adult. From our enriched collection, you can find your desired dress.
For aficionados of rebates
Purchasing dresses are dependably a delight, regardless of whether you don’t need to sit tight for the store’s activity. In stitch fix, lasting through the year, we have awesome rebates on the bits of the prior accumulations. On the off chance that we know and like the brand, it is a smart thought to glance around at the webshop all the time, as we can without much of a stretch keep running into pieces that we have already taken a gander at ourselves, simply thought that it was costly or not the correct size.
Stitch fix brings the coolest designer brands to reach. Here you can find everything from dresses to shoes and bags to the smallest accessories. Design pieces are not limited to casual suits, since the jeans to the checkered shirt are all on offer – in designer design and accordingly at a pleasant price. Luxury, of course, does not stop at the products, but is also present in the services: beautiful packaging, a very short delivering time.