Creator Economy, AI & retail-tech investor | J.D. & J.M. | PNG collector | Musical lover | Happy to chat, using Cal.com link below to book calls (https://cal.com/darrenli)
Shein doesn’t have a style. It doesn’t try to impose its taste on global consumers. It doesn’t even have its own taste. It’s a mirror that reflects each country’s current style back to it, in real-time, based on data alone. Remaining generic, storyless, and nationless allows it to project whichever image is needed in the moment on its loose army of... See more
10. Sub $10k transactions command ~90%+ of the frequency of transactions for NFTs. There were ~750k active buyers and sellers for NFTs in the past quarter.
The ability to manufacture quality, trend-responsive clothing quickly and sell it at low prices feeds into the front-end of the business, where Shein’s user experience kicks in to create addictiveness.Building an addictive fashion mobile ecommerce experience comes down to four things: