see and shop
play

See and Shop A deep learning AI computer vision company that - PowerPoint PPT Presentation

See and Shop A deep learning AI computer vision company that creates end-to-end visual search solutions for smarter fashion e-commerce. 90% why now? Fashion Retailers & Brands In the US, Retailers and Brands are threatened by Amazon.


  1. See and Shop A deep learning AI computer vision company that creates end-to-end visual search solutions for smarter fashion e-commerce.

  2. 90%

  3. why now? Fashion Retailers & Brands In the US, Retailers and Brands are threatened by Amazon. Images Amazon’s threat in Fashion has also stabilized, as Amazon do High End not have the right branding for quality fashion brands, so it is creating its own branded products and competing with its merchants instead. Quality brands/retailers are avoiding VS. Amazon. There are 800 brands working on their own ecommerce platform with limited resources and need more traffic. Videos Video Content is King. The Kings are at war. Video is 80% of the online traffic. Meanwhile, the video publishing competition has become fierce. Most users only subscribe to one. All content publishers are struggling with revenue sources while competing for a better and smarter user experience. Fashion shopping’s emotional trigger has always been ignited from visual content of what influencers are wearing as the human nature. Shoppers has no way to shop them all in the US unlike in China. Low Price

  4. Stage 2: the advertising problem PROBLEM SOLUTION viewers treated like a digital trash can content-related product discovery 76% of people skip or block ads user initiated = 0 content disturbance 1.84% click through rate 17% click through rate

  5. the advertising experience 1.0

  6. the advertising experience 2.0

  7. Solving the retailers problems - Disorganized Products PROBLEM 1 - Expensive Traffic PROBLEM 2 - Poor Experience - Lack of Engagement SOLUTION 1 - Traffic relevant to content SOLUTION 2 - Faster Discovery We found 32 visually similar results searched image

  8. Solving the consumer problems COMING SEPETEMBER No place to discover & shop good looking content only keep Our solution: watching what’s visually related shop what you see

  9. Business Model Visual Content New Traffic Products (NOW) (NOW) 1. Retailer content 1. Retailers - product photos - branded short videos (COMING…) Content Conversion Center 2. Brands Consumer Data Center (COMING…) 3. Merchants Aggregators 2. Content powered by - photos visual AI - short videos - long videos (extract to short fashionable videos) New Revenue $ CPS/CPM

  10. �� ���� � 3.5 � � � 8.4 �� � 6 � � �� �� ������ ����� �� ������ ���� �� ���� ���� �����

  11. �� ���� Digital ad spend is expected to be ● $427 Billion market by 2022. Retail ad spend comprises of 33% , ● according to “State of Mobile Video Advertising” from InMobi, 2018. Digital Video marketing is the fastest ● growing segment with $135 Billion in the US alone.* Source: https://www.forbes.com/sites/kathleenchaykowski/2017/10/18/digital- video-marketing-is-a-135-billion-industry-in-the-u-s-alone-study- finds/#22b5c39ed4dd

  12. the market validation TOP PUBLISHERS Video & Photo Publishers + Device Manufacturers, access to 300M+ End Users ( investor ) TOP RETAILERS/FASHION COMPANIES E-Commerce Clients/Partners, access to 200M+ SKUs ( investor ) TOP DISTRIBUTORS access to Hundreds of Top Retailers ON (Brazil)

  13. Launched Integrating… Don’t just buy 1, buy 5! -Attributes for -Similar Products Content Try It Trend Forecast -Complete the Look Shopping H&M’s Fashion -Camera Search -Deep Attributes Camera Search click the image to watch the video Chrome Extension Demo click the image to watch the video Live Video Recognition Demo

  14. Content Conversion Rate ﻮﻳ ฆ Products in Use: click-through rate for shoppers + Recommendation API/SDK who used visual search. + Camera Search API/SDK 29% shoppers clicked "Add to Cart" + Search Similar API/SDK after directed to a product from visual search 50% shoppers “ordered” after “Add to Cart” 7 million Visual search calls since Nov 2017 Markable.ai’s “Visual Search” to “Purchase” rate = 27% x 29% x 50% = 3.9%

  15. B2B –Bring Content Traffic to eCommerce estimates – Markable “Search” to “Purchase” rate = 3.9% Estimated Total # of daily Estimated Markable Estimated Client Daily Active style searches if Markable Companies Annual Revenue Annual Revenue Users only 1% users Annual Revenue if if 1% users clicked 3% users clicked clicked VIP.com 5.2M x 3.9% x average $30 13M x 365days =$ 2.2B � e-commerce � JD.com 5.2M x 3.9% x average $30 34M x 365days = $2.2B � e-commerce � Weibo 1.84M x 3.9% x $30 x 365 x 1.84M x 3.9% x $30 x 184M 1.84M 8% = $63M 365 x 2% = $16M (biggest social media) 1.5M x 3.9% x $30 x Douyin 1.5M x 3.9% x $30 x 365 x 8% = $51M 150M 1.5M (biggest short video APP 365 x 2% = $13M $ 55M X 3 = in China) 165M Guang Sheng 2M x 3.9% x $30 x 365 2M x 3.9% x $30 x 200M 2M x 3% = $26M 365 x 3% = $26M (cell phone operating system)

  16. Our gr grow owth Revenue Growth & Projections projected

  17. the plan for next 2 years China B2B content shopping traffic exchange ~$55M-$155M ARR - existing deals: Weibo, Magic Mirror, Douyin, Guang Sheng android operating systems à VIP - future deals: [weibo, Mi, Huawei, Youku, Ai Qiyi Video, Mang Guo TV] à [VIP, JD, Taobao, Xiao Hong Shu, Mo Gu Jie, Micro-merchants …] Guang Qi is the tech licenser and computing operator. TianSheng Entertainment will license Markable’s tech to do a 2C APP B2B + Photo/Video AI Tech Behavioral Data Training Data AI Algorithms/features US B2B content shopping traffic exchange Current Valuation: $34M - existing deals: Revolve, JD, VIP, JollyChic, Li&Fung, WGSN, TCL -> [Retailers] - future deals: [Vevo, Viki, Dramafever, Youtube, netflix, Samsung] à [Revolve, JD, VIP, JollyChic, Walmart, Zalando, Rakuten, Poshmark, Forever21, Amazon] US Team: Provide ALL Computer Vision AI Algorithms and Features Monthly improve on algorithms, features, APIs. Successful models/codes be copied to US. China KC Team: Provides AI super cloud video computing Infrastructures including massive group short video extraction infrastructure from massive large video files.

  18. the team JOY TANG CEO & founder Founded by MIT alum, former high-frequency trading AI scientist, China Math Olympic Gold Medalist 15 full time = 5 AI Scientists (2 Professors) + 4 Backend AI Engineers + 1 Front- end Engineers + 3 Business Ops from

  19. the core team Dr. RUI ZHENG JONAS GRIMFELT BALAJI RAVINDRAN JOY TANG Dr. THOMAS BALESTRI AI scientist CTO & UX COO CEO & founder AI scientist • 7+ years of CTO experience in e- product executive at Yahoo!, Amazon, developed multiple computer vision ● China Math Olympics Gold Medalist ● ● Lead computer vision scientist at Hearst ● commerce and advertising and Nielsen mobile apps, visual system through 7 figure salary after 7 years in high ● High Energy Physics at CERN ● software development Executive Management, Kellogg face, scene, and gesture recognition. ● frequency trading models M.S Computer Science at KTH School of Management; MS Ph.D Physics Computer Vision • MIT undergrad in Math & Economics ● ● Management, UNO Dr. JASON CORSO GUANG FENG Dr. CHENLIANG XU JUGAL SHETH BRIAN MOORE AI scientist head of china AI scientist AI engineer AI scientist Professor of Computer Vision in video previous head of Tmall.com, in charge of ● ● Professor of Computer Vision at U of ● Co-Founder at Voxel51 ● computer vision engineer for Volvo recognition at UMicH; Ph.D., Computer many products launch ● Rochester in video recognition and its PH.D Electrical Engineering: Systems Science, Johns Hopkins University owner and founder of an international ● ● and UFO Moviez India relations to natural language, robotic. Google Faculty Research Award (2015) ecommerce platform development at UMich Ph.D Computer Vision from UMicH ● M.S. Electrical Engineering ● 4221 citations on Google Scholar company ● 522 citations on Google Scholar ●

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend