THE BRIDGE

tag Styler

Japan startup Styler partners with Tencent to help fashion retailers adapt to pandemic changes

SHARE:

See the original story in Japanese. Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores called Facy, announced in late July that it has partnered with Tencent Cloud, the cloud service division of Chinese tech giant Tencent. Styler had been running the Facy app as a way to drive potential customers from online to offline fashion retailers. However, the company recognized that the expanding pandemic will significantly influence consumer purchasing behavior and decided to evolve the business into supporting Online merges with Offline (OMO) effort where retailers can seemly integrate user experience at their e-commerce site and brick-and-mortar stores. Pandemic accelerates fashion retailers’ shift to digital operations While fashion e-commerce represents a large proportion of the overall e-commerce market (around 20% of the total in terms of market size), it is yet difficult to completely take over all real store sales. Similar to what tech conferences and events are challenging amid the pandemic, one of the problems here is how to give consumers serendipity on online shopping. Unlike giving users recommendations using a collaborative filtering-based engine, it may be difficult for online platforms to give users a chance meeting with the…

Image credit: Tencent Cloud / Styler

See the original story in Japanese.

Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores called Facy, announced in late July that it has partnered with Tencent Cloud, the cloud service division of Chinese tech giant Tencent.

Styler had been running the Facy app as a way to drive potential customers from online to offline fashion retailers. However, the company recognized that the expanding pandemic will significantly influence consumer purchasing behavior and decided to evolve the business into supporting Online merges with Offline (OMO) effort where retailers can seemly integrate user experience at their e-commerce site and brick-and-mortar stores.

Pandemic accelerates fashion retailers’ shift to digital operations

While fashion e-commerce represents a large proportion of the overall e-commerce market (around 20% of the total in terms of market size), it is yet difficult to completely take over all real store sales. Similar to what tech conferences and events are challenging amid the pandemic, one of the problems here is how to give consumers serendipity on online shopping.

Unlike giving users recommendations using a collaborative filtering-based engine, it may be difficult for online platforms to give users a chance meeting with the brands they have never met before while sales associates at real stores can do it.

Image credit: Alibaba

In China in the midst of COVID-19 pandemic, we saw many sales associates at fashion stores setting up lights and tripods to to introduce and sell their products via live video streaming. For fashion brands, it would be difficult to integrate a typical live commerce app with their own customer-facing app while Tencent Cloud’s solutions apparently makes it easier.

Tencent Cloud’s solutions allow stores and customers to interact with each other while seeing each other’s faces through mobiles. The same technology has been adopted to Telelive, CyberAgent subsidiary Cyber Pal’s platform for holding fan meetings online, as well as Ignis’s dating service’s video call app.

Styler plans to introduce Tencent Cloud’s solutions to fashion brands, aiming to help them better implement the OMO into their environment. These solutions allow brands not only offer seamlessly their front-end customer experience online and offline but also to support back-end operations such as integrated inventory management of online and offline sales as well as optimized inventory operations across multiple real stores.

Image credit: Tencent Cloud

In the ever-changing fashion industry, fashion stores often come and go at shopping malls thanks to the growing prominence of direct-to-consumer(D2C) brands. Tencent Cloud’s solutions allow shopping malls to keep their store directory signage updated at all times simply by importing CAD data indicating tenant locations within the mall building. To ensure the practicality of the solution, Styler plans to conduct Proof of Concept trials with Tokyu Land Corporation (TSE:3289) which is known for operating a number of shopping malls in Tokyo.

More D2C brands focusing on online sales are expected to enter the market in the future. In view of having a lot of ups and downs, their real stores’ character don’t fit a typical long-term lease contract for shopping malls. Even in such a tough environment, keeping offering retention opportunities at real stores to brands is a big challenge for shopping malls.

Styler CEO Tsubasa Koseki explained in a recent interview with Bridge.

Leveraging Tencent Cloud’s solution, Styler is being focused on helping brands make their communication and inventory management available in a digital manner. As there is no significant player in Japan with knowledge that straddles between online and offline sales, I think Styler can take an overwhelming lead in this area.

Facy wants to be lifestyle-focused super app

Image credit: Styler
Image credit: Styler

In addition to offering the OMO solutions to fashion brands, Styler is working on upgrading their own flagship Facy app so that brands can easily catch up with the OMO trend. The completely newer version is expected to be out this fall.

We are currently benchmarking super apps like Southeast Asia’s Grab (turned from a ride-hailing app), China’s Meituan (previously known as a restaurant discovery/group buying site), and Columbia-born Rapii

Koseki continued:

Unlike these apps targeted at commodity consumers, Facy wants to be a lifesytle-focused OMO app serving those looking at mid-range priced products. We’re moving forward under the strategy symbolized by two keywords: New Retail and Luxury. Going forward, we’ll be also expanding into other categories like cosmetics and furniture.

In Japan, I think that tech giants like Line and Rakuten as well as other payments apps are probably trying to be a super app, but they have yet less variety in service offerings like what Grab, Meituan, and Rappi are doing. Hence, the Facy app has the potential to dominate this market in Japan if they can succeed in expanding their service offerings.

Japan’s Facy expands into Taiwan, helps local fashion stores get customers from online

SHARE:

See the original story in Japanese. Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores called Facy, announced today that it has set up an office in Taiwan, officially launching the Facy Taiwanese version. The app is available for iOS and Android. Some of our readers may recall that the company has seen a sign preparing the Taiwan expansion by hiring local employees and launching a Facebook fanpage in Traditional Chinese. It took over half a year to prepare for their first overseas launch but finally their effort has seen the light of day. Initially launched in open beta under the previous name of Styler, the Facy app allows users to ask fashion retailers for advice on picking out outfits. In response to these requests, sales representatives at participating retailers will recommend which items users should buy. For retailers, the app works as an O2O (online-to-offline) platform that drives potential customers to real stores. In May of 2016 the app added a new social communication function that allows users to comment and ‘like’ other user’s posts, followed by rebranding and adding the commerce function that allows physical fashion and apparel stores…

Facy Taiwan
Image credit: Styler

See the original story in Japanese.

Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores called Facy, announced today that it has set up an office in Taiwan, officially launching the Facy Taiwanese version. The app is available for iOS and Android.

Some of our readers may recall that the company has seen a sign preparing the Taiwan expansion by hiring local employees and launching a Facebook fanpage in Traditional Chinese. It took over half a year to prepare for their first overseas launch but finally their effort has seen the light of day.

Initially launched in open beta under the previous name of Styler, the Facy app allows users to ask fashion retailers for advice on picking out outfits. In response to these requests, sales representatives at participating retailers will recommend which items users should buy. For retailers, the app works as an O2O (online-to-offline) platform that drives potential customers to real stores.

Styler’s Taiwan team working in Impact Hub Taipei
Image credit: Styler

In May of 2016 the app added a new social communication function that allows users to comment and ‘like’ other user’s posts, followed by rebranding and adding the commerce function that allows physical fashion and apparel stores to easily set up their online storefront back in September last year. The company says they now have acquired about 500,000 monthly active users and have made monthly 4,520 matches between retailers and users.

About 70 fashion retailers in Taipei and Taichung are participating in the Facy Taiwan platform while featured articles posted on Facy are expected to be reproduced on Taiwan’s major media outlets such as GQ Taiwan, Vogue Taiwan, Line Taiwan, and Niusnews. The total number of likes on their Facebook fan pages for male and female customers in Taiwan are nearly double that targeting Japanese users. Since the company has been developing services for Asia from an office in Vietnam for some time, their further regional expansion beyond Taiwan can be also expected.

Edited by “Tex” Pomeroy

Facy, mobile app that drives customers to fashion retailers, looking at Asia expansion

SHARE:

See the original story in Japanese. Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores under the same name, announced  on Wednesday that it has rebranded the service to Facy. In conjunction with this, the Facy app will employ a new function that allows users to complete purchases and payments online. Styler’s founder and CEO Tsubasa Koseki says that the reason for rebranding is that the previous service name was often misidentified as a “styling service” by new users. The new service name was chosen with the intention of offering a real life purchasing experience to online customers, with “Facy” stemming from “face-to-face”. The company name will remain Styler. With the addition of the e-commerce function to Facy, it will allow physical fashion and apparel stores to easily set up their online storefront. For this function, Styler takes care of everything from the delivery of goods to the settlement of payments for online customers of shops on Facy. From the shops’ point of view, it is similar to Uber Eats’ system. Styler provides a series of services for shops and in return takes 20% of the price of items sold (with…

See the original story in Japanese.

Tokyo-based Styler, the Japanese startup offering an O2O (offline to online) support service for fashion and apparel stores under the same name, announced  on Wednesday that it has rebranded the service to Facy. In conjunction with this, the Facy app will employ a new function that allows users to complete purchases and payments online.

Styler’s founder and CEO Tsubasa Koseki says that the reason for rebranding is that the previous service name was often misidentified as a “styling service” by new users. The new service name was chosen with the intention of offering a real life purchasing experience to online customers, with “Facy” stemming from “face-to-face”. The company name will remain Styler.

With the addition of the e-commerce function to Facy, it will allow physical fashion and apparel stores to easily set up their online storefront. For this function, Styler takes care of everything from the delivery of goods to the settlement of payments for online customers of shops on Facy. From the shops’ point of view, it is similar to Uber Eats’ system. Styler provides a series of services for shops and in return takes 20% of the price of items sold (with the current campaign it is 10%).

Koseki explained:

When customers want fashion items they are going to physical stores. But, the user experience at these stores is not necessary high.

Meanwhile, using online search engines to meet the abstract needs of fashion is also not suitable. Stores are accustomed to proposing products that suit the needs of these customers.

With Facy, we want to connect the good points of online and offline, so that purchasing can be completed there.

Using their own media to address fashion related topics, Facy’s website has 15 million unique users (UUs) a month, including 500,000 monthly active users (MAUs) who use the mobile app to interact with shops or browse interactions between shops and other users. The company intends to raise it to about 1 million MAUs by the end of the year through various measures.

Koseki added:

About 250 stores are currently using Facy. As our presence in the industry has increased, there have been increasing cases of major companies approaching us asking, ‘Won’t you join us?’

One of the reasons they have been afforded such a reputation is Facy’s high conversion rate as that of an O2O app. One example given to us of the power of Facy was that of Journal Standard, a fashion brand/retailer as well as a client of Facy, which put on a campaign offering, “Buy 10,000 yen, get 1,000 yen off,” and revealed that 22% of the customers that made purchases were from Facy. Putting aside rewards like discount campaigns, this performance is more than ten times better than the number of O2O customers driven from social network service-based interactions.

As for the future of Styler, in order to secure the scalability of the media operation, the company is looking into using artificial intelligence based on fashion information transmitted by stores and the posted contents of users to automatically write articles. Because it is funded by Transcosmos (TSE:9715), a leading BPO (business process outsourcing0 provider in Japan, it may be possible to operate a chatbot for stores that performs the function of a call center, etc. In terms of overseas deployment, Styler has been developing services for Asia from an office in Vietnam for some time. The company has started recruiting for jobs in Taipei, and has begun operating a Chinese Facebook page.  Based on this knowledge, it seems that a service launch in Taiwan can be expected in the not so distant future.

Translated by Amanda Imasaka
Edited by Masaru Ikeda