Understanding Fashionability: What drives sales of a style?
Jain, Aniket, Gupta, Yadunath, Singh, Pawan Kumar, Rajan, Aruna
We use customer demand data for fashion articles on Myntra, and derive a fashionability or style quotient, which represents customer demand for the stylistic content of a fashion article, decoupled with its commercials (price, offers, etc.). We demonstrate learning for assortment planning in fashion that would aim to keep a healthy mix of breadth and depth across various styles, and we show the relationship between a customer's perception of a style vs a merchandiser's catalogue of styles. We also backtest our method to calculate prediction errors in our style quotient and customer demand, and discuss various implications and findings.
Jun-28-2018
- Country:
- Asia > India
- Europe > United Kingdom
- England > Greater London > London (0.05)
- North America > United States
- Massachusetts > Suffolk County > Boston (0.04)
- Genre:
- Research Report (0.40)
- Technology: