Best Practices Guides

Being Bold in 2023: a Fashion Brand's Playbook

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Your Home is Your Fitting Room is the expected US live - streaming shopping market value by 2023 shoppers who use browser shopping extensions believe that deals should be made publicly accessible shoppers say new technology adds extra value that drives home their final click - to - purchase decision $25B 62 % Innovative technology is a necessity with the rise of eCommerce and social commerce. Over half of shoppers are comfortable shopping online without looking at an item in person, but almost half emphasize how new technology is integral in finalizing their purchase decisions. This poses a challenge for the market where consumers expect clear product details and sizing information online. New technology such as try - on augmented reality and virtual showrooms empower the consumer in their research and inspiration to purchase. Social commerce is a growing area where consumers are avid in researching, creating community, and finding inspiration for fashion finds. Shoppers highly value apps that can provide them automized, aggregated discounts to their purchases – they equate finding an online promotion code to the feeling of eating comfort food. In 2021 alone, livestream shopping increased with 19% of adults having tried it and 21% interested in trying it. 41 % Innovation + Technology Shorten the consideration phase for shoppers by showcasing different body types within your creatives. This will help them envision their personal experience with your products. 10

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