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Shein: The TikTok of Ecommerce
Combine that with Shein’s huge volume of 1st party data through its app from around the globe and software-human teams that scour competitors’ sites, and Shein understands what clothes consumers want now better than anyone with the possible exception of Amazon.
Shein feeds that data to its massive in-house design and prototyping team who can get a
... See moreShein shows one way this can go - it’s built a smartphone-only fast fashion brand that appears to be bigger than H&M and Zara combined in the USA. Part of the Shein story is the pace of inventory and the use of data (it claims to add 8-10k new SKUs every single day) but the other is that it has built this business with cheap shipping and (like... See more
Benedict Evans • TV, merchant media and the unbundling of advertising — Benedict Evans
Shein’s strength comes from taking China’s advantages, and applying them to the global market.