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Staping Co., Ltd.

Mobile Fashion Tech Shopping Platform & App with 3000 shops

The Republic of Korea
Market: Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 06.10.2021
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Idea

More easy mobile fashion tech shopping app with AI, image search, and Avatar coordination for over 3000 shopping malls in Korea, No sales fee, item advertisement fee is main revenue model.

Current Status

Free image search shopping trial service was provided for 22 large shopping malls in Korea for 3 years. We are now preparing to develop a new 2.0 app project equipped with a full-fledged revenue model.

Market

Mobile fashion shopping field for MZ generation, It introduces fashion products for women in their 10s to 30s and connects them to shopping immediately. We provide services targeting the Korean and Indian markets.

Problem or Opportunity

Mobile fashion shopping app for teens and 30s, we provide one-stop shopping by gathering over 3000 mobile fashion shopping malls in one app place. Image search service that searches for products in 1 second with photo, and easily searches for similar products by shape, color, and pattern. Artificial intelligence product recommendation service for users, avatar fashion coordinator function, NO sales fees, product advertisement and event discount sales fees are main revenue model, convenient service and differentiated competitiveness , global expansion service available.

Solution (product or service)

One stop shopping for 3000 shopping malls. By developing an image search engine, it analyzes photos in one second and searches for images of similar products by shape, color, and pattern. Big data analysis, artificial intelligence product recommendation service for users, and fashion coordination service using my avatars.

Competitors

ZigZag is the main competitor. However, we have a competitive edge through image search and AI recommendation services.
Our image search service allows you to search for similar products in 1 second by photo. We developed our own image search engine which has a powerful image search function.

Advantages or differentiators

More than 3000 online fashion shopping malls are on our app, so user can shop all the fashion shopping malls in Korea in one place here. User can search for images with photos, and compare prices between the same products after searching. We provide customized AI recommendation service for customers.

Finance

New product advertising costs posted by retailers every day.
In addition, big data analysis information that analyzes mobile product push advertisements, customer search and purchase patterns, customer tastes and preferences, etc. is also provided to clients for a fee.

Business model

No sales fee, The main revenue models are product advertisements, event discount sales fees, and avatar fashion coordination items sales.

Money will be spent on

It will be used for new 2.0 app project development, initial operating costs, and marketing costs.

Offer for investor

Share distribution and all negotiations with investors are possible.

Team or Management

Risks

It takes more than 4-6 months to generate advertising revenue from the entered shopping malls.

Won the competition and other awards

Received the grand prize in the shopping field at the 2017 Korea Good App Evaluation Awards.
Awarded at the 2018 International Artificial Intelligence Contest.

Photos

Photo 1 - Mobile Fashion Tech Shopping Platform & App with 3000 shops
Photo 2 - Mobile Fashion Tech Shopping Platform & App with 3000 shops
Photo 3 - Mobile Fashion Tech Shopping Platform & App with 3000 shops
Photo 4 - Mobile Fashion Tech Shopping Platform & App with 3000 shops

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation