![]() The Beta version is now live, accompanied by a waitlist which will allow consumers an early glimpse into this transformative shopping platform within the coming weeks. Yaysay founders, including Philip Krim, Co-founder and former CEO of Casper, and CEO Lindsay Ferstandig, former Stitch Fix executive, have successfully secured $10.3 million in funding to launch the app into market. Targeting the Off-Price Market: Yaysay aims to tap into the $100 billion per year off-price market, where only approximately 3% of sales are currently online.Streamlined Shopping: Yaysay's 5-minute daily habit eliminates distractions and interruptions, increasing conversion rates and eliminating the need for price comparison, aligning with the preferences of modern shoppers.In fact, 53% of US retailers have expressed concerns about the consequences of not selling excess stock. An Elevated Brand Experience and More Sustainable Retail: Offering a premium experience and featuring only the most covetable brands - including Acne, ALC, Chloe, Isabel Marant, Ganni, Loewe, Vince, and more - the platform breathes new life into overstock inventory, making Yaysay the ideal liquidation partner for brands that need to solve for excess inventory while protecting their brand perception.The app boasts a constantly refreshed feed of substantial discounts on sought-after brands, offering users a new treasure hunt every day with an air of “get it or it’s gone.” Ever-Changing Inventory: No two shopping days are the same on Yaysay.YAYSAY’S KEY FEATURES & UNIQUE POSITIONING: With Yaysay, we are creating an elevated brand experience that brings the joy back to shopping, transforming deals from the most covetable brands into addictive bites of fun,” says Yaysay CEO Lindsay Ferstandig. “While mobile shopping is convenient, it is generally uninspiring for brands and consumers alike. ![]() Recent statistics reveal that 71% of Millennials regularly check social media sites multiple times a day, and half use dating apps daily, reinforcing the app's alignment with modern consumer habits. Designed to bring the thrill of off-price treasure hunting online, the app draws inspiration from social media, dating apps, and gaming interfaces, blending competition, luck, and limited supply to provide the ultimate shopping adventure. Yaysay pioneers a new mobile shopping paradigm, tailoring the shopping experience for each user by leveraging AI to curate a personalized fashion feed and present shoppers with the perfect items at irresistible prices. Moshe Lifschitz, Co-Founder of Shrug Capital Shira Suveyke, Executive from ShopBop, Outnet, and Gilt Groupe Kevin Hartz, Founder of Eventbrite and A* StarĪlexandra Wilkis Wilson, Founder of Gilt Groupe The Seed financing was led by Alex Taussig at Lightspeed Venture Partners and includes prominent retail investors and advisors such as: ![]() NEW YORK-( BUSINESS WIRE)-Yaysay, launching today in Beta mode, is a first-of-its-kind shopping app that combines AI-driven personalization with gamification to transform the off-price shopping experience.įounded by retail industry pioneers including two of the co-founders of Casper and executives from Gilt Groupe, and Stitch Fix, Yaysay aims to make off-price shopping an exciting 5-minute daily habit while also offering a sustainable solution for excess inventory in the retail industry. ![]()
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