Page 41 - INC Magazine-November 2018
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                                                             Jessie Zeng was scrolling through her Instagram feed in 2016 when
                                                             a post caught her eye. It was a photo of Gigi Hadid sporting a pair of
                                                             pearl-studded jeans at a Paris Fashion Week event. Below the image
                                                             were more than 50,000 comments, nearly all of them asking: Where
                                                             can I buy those jeans?
                                                               A self-described fashion obsessive who has been sharing her own
                                                             looks with her 30,000-plus Instagram followers since her undergrad
                                                             days at MIT, Zeng scoured the web for the answer, only to find it was
                                                             nowhere: The jeans had been custom-made for Hadid.
                                                               While trends used to be set twice a year in the pages of Vogue and on
                                                             Paris runways, now they sprout up daily from the Instagram feeds of
                                  UP                         people like Hadid, the American model with 43.4 million followers.
                                  next/                      Retailers know fashion’s center of gravity has shifted, but they haven’t
                                                             been able to capitalize on it.
                                  faShIon                      But Zeng, 26, believed social media—Instagram, in particular—
                                                             was powerful enough to alter that status quo. “For the first time ever,
                                  See It.                    there is an entire feedback loop existing on a platform where people tell
                                                             you exactly what they want to buy, and you can create it for them,” she
                                  lIke It.                   says. The consumer dollars are clearly there. Fashion and apparel

                                  BUy It.                    e-commerce sales in the U.S. are heading to $171 billion in 2022, says
                                                             eMarketer, up from $104 billion in 2018.
                                  RePeat.                    year, is her attempt to harness that loop. “It takes us about three days
                                                               Choosy, the data-driven shopping platform Zeng launched earlier this
                                  faSt                       from seeing it on a celebrity on Instagram to having a sample made up,”

                                  faShIon                    says Zeng. “We do anywhere from 30 to 60 designs every month.” And
                                                             because everything is made to order, items are stitched and shipped to
                                  GetS                       consumers within two weeks of purchase, mitigating the inventory prob-
                                  faSteR                     lem plaguing larger fast-fashion brands. It’s a hybrid of Stitch Fix, the
                                                             personal styling delivery service, and bespoke clothing, says Paula Rosen-
                                                             blum, managing partner and retail technology analyst at RSR Research.
                                                               In figuring out how to speed up the clothing supply chain, Zeng
                                                             had the benefit of family expertise. Her uncle owns textile factories in
                                                             China, where she was raised. After an eight-month stint trading curren-
                                                             cies fresh out of college, she moved near Beijing and spent two years
                                                             managing a few of her family’s factories, giving her an up-close look at
                                                             operations. “Without those years of experience, it would have been
                                                             completely impossible to do this,” she says. Choosy works with a net-
                                                             work of about 200 small, agile textile factories, making it possible to
                                                             produce a diverse range of items in small quantities.
                                                                In figuring out what to make, she had the benefit of her friend
                                                             Sharon Qian, who was working on her PhD in applied math at Harvard.
                                                             Zeng persuaded Qian to join her startup, and Qian wrote algorithms to
                                                             analyze the comments under Instagram photos and rank the popularity of
                                                             specific items using natural language processing. This enables Choosy to
                                                             scan millions of comments for what Zeng calls “buying intent.” By cou-
                                                             pling that intent with existing sales data, the machine learns the attributes
                                                             of items that sell well—in terms of celebrity connections, silhouettes,
                                                             colors, and styles—and assigns a relevancy score to rank future photos.
                                                               Today, Zeng works with 35 employees in a downtown New York City
                                                             office, as well as 15 people in China who focus on supply chain manage-
                                                             ment. “Choosy really represents social commerce 2.0,” says Charlotte
                                                             Ross, an associate at New Enterprise Associates, which raised Choosy’s
                                                             seed round of $5.4 million. “Customers are the ones deciding what gets
                                                             made. It’s the way people will ultimately want to shop.” —JANE PORTER




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