Secret Sauce Partners, Inc.
Transforming apparel & footwear shopping through data.
Solving problems of apparel e-commerce with data
Secret Sauce Partners
This talk comes with a
Gabor Ratky
CTO at Secret Sauce Partners
2003
2007
2009
Founded in 2010
SV startup based in Budapest
B2B apparel e-commerce company
We had no idea... literally
We were 2 founders, 4 engineers
Let's build multiple products in the first year
We identified large, underserved markets
We talked to people to hear their pain points
We validated that it was a real problem that most people had
We built a minimal product that could solve the problem
Only 10% of clothes are sold online
Return rates are very high (20-40%)
Major problem for retailers and customers
We weren't going to be the first ones to try
Let's use the retailer's existing data to make size recommendations
Chicken and the egg problem
Came up with an initial algorithm (R&D)
Launched the product before writing any code
Worked with a small retailer to build the product
US launch in January 2012
We do usability testing continuously
The only thing that matters is our impact
Being a third-party vendor is hard
We work with custom feeds, do custom integrations
Apparel retail companies are (usually) not technology companies
To scale our business, we need to onboard partners fast
Trade-offs that made sense early caught up with us later
Our R&D team developed visual recognition
algorithms that extract features from images
We can identify high-level features of clothes
We can build amazing experiences on top of it
Market and user feedback has been amazing
Launching later this year with one of our existing partner
We minimize the effort to launch as we don't know its impact yet
Vision: we help retailers merchandise apparel
Two of the many problems we can solve
Data and website integration is the same
We can standardize our feeds and use common
services for analytics, data ingest, user tracking, etc.
We are moving towards a more loosely coupled system as we grow
Treat all data as a realtime stream of logs (feeds, events, messaging)
and let any service consume it irrespective of time.
5 years later, we're 20 people, 10 engineers
Exceptional and diverse team
The data we have is mind blowing
We have an amazing vision that we're executing
Working at a growing startup is demanding
It is also a lot of fun and full of opportunities
The only thing that matters is people
If you find you grow the most when you're
being challenged, you should work at a startup
Trust your instincts on whether its a match
By Secret Sauce Partners, Inc.
Solving problems of apparel e-commerce with data Budapest Data Forum, 6/4/2015
Transforming apparel & footwear shopping through data.