TryOn

Devendra Meena | Pardeep Phullay | Sanket Duthade | Yashodeep

Chavhan

Engineering Entrepreneurship

Problem statement
How customer will look in fashion accessories while
buying online sites
Take too much time on figuring out right fashion
accessories
Logistics cost of returning extra fashion accessories

Mission statement
Connecting reality to virtuality.
Lets try virtual clothes on virtual body
of you to get a honest and clear reality
view.
We are here to enhance the online
shopping experience and reduce the
gap between physical and virtual
shopping.

About TryOn
Virtual trial room
An additional service to e-commerce sites
Independent site and mobile app
Additional chain for offline showrooms
Excited feature for online shoppers
Customer can compare size of different brands
Reduce logistics cost and time wastage of sellers

Market
E-commerce business is growing rapidly
Increasing adoption of online stores (25% of
offline stores will close down till 2020)
Market face a loss due to increase cost from
return and increase supply chain cost
Hike of 300% in revenue of online business
27% of people do online shopping once in a

Team
The core members, the visioners
Coder/software developer
Technology expert
Marketing expert
HR person

Competition
Acromarc: It generates me models which are of human dimensions
virtually. A vast pool of inputs is analysed and processed a preview
match.
Fits.me and fitnect.hu are also start similar service that is base on
adjusting the screen according to person standing in front of camera.

Technology / Solution
Software development
3-D image (Avatar) generation
Intuitive gesture control
Web portal and app development
Social sharing feature and rating option
Offline version to make people familiar

Go to market
First target the Niche market: Collaboration with e-commerce sites
Start offline trial rooms to test and make people familiar
Collaboration with fashion shops and available the setup so that
customer can create their Avatar
Advertising through social networking sites and newspaper

Revenue Model
E-commerce businesses have to pay a regular fee for using our
service
Rs 25,00,000 which just 10% of their monthly revenue by 2020
Advertisement of various fashion accessories:
Rs 5,00,000
Charges for implantation of virtual trial room in showrooms : Rs
20,00,000

Financials
Set up cost:
Business registration + Domain name registration + Insurance +
Licences + Employees (coders and marketing) compensation = Rs
5,00,000
Advance rent + Fit Out + Utility bond and connection + Office supplies
= Rs 1,00,000
Equipments + vehicles + telecommunications + computer and software
= Rs 6,00,000
Advertising & promotion + Working capital = Rs 2,00,000
Starting capital + Equity investment + Borrowings = Rs 17,00,000

Financials
From Balance sheet,
Total liabilities :- Rs 40,00,000
Net assets :- Rs 48,00,000
Owners equity (expected earnings) :- Rs 8,00,000

milestones
1. Software development
2. Finding investors
3. Collaboration with E-commerce sites
and other fashion brands
4. Develop web portal and mobile app
5. Establish offline network
6. Creating brand value