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Lyst Doing $1M+ Sales A Month – More Following Gucci There Than On TheFancy
In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.
The whole fashion-meets-tech play is really only still emerging, with a wide gamut of businesses pimping various ideas from matching your personal tastes in clothes via your social graph, to literally mapping your body to fit custom-made items. But Fashion startups are notoriously guarded with their numbers. However, one startup has decided to break the mould. Lyst, which is a little like a Twitter for fashion which you can also buy from, has been around for about 18 months until it launched late last year. It’s since picked up $5 million in funding and appears to be doing pretty well. CEO and co-founder Chris Morton revealed to us that while their 1 million-plus monthly unique visitors may ‘look’ puny, it’s the $1 million-plus in sales every month that is making investors and customers happy. Both those numbers represent 1000% growth in 2012. Right now it’s getting 60% traffic from the US, 30% from Europe and 10% Asia + Aus.
source: http://feedproxy.google.com/~r/Techcrunch/~3/AqvRuGx00EE/
2012-12-20 10:51:04
Source: http://someit.com/2012/12/20/lyst-doing-1m-sales-a-month–m/
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