My Size Inc (NASDAQ:MYSZ) the creator and developer of smartphone measurement applications, closed a remarkably successful three days at CES from January 9 through January 11 and anticipates continued interest in the imminent period from potential consumers, as well as from tech and apparel media.
The buzz
MySizeID™, the firm’s revolutionary body measurement technology, intended to revolutionize the way apparel is bought online, is being introduced at CES. A video that showcases MySizeID’s benefits and capabilities for web retailers was also introduced at CES. Ronen Luzon, the CEO of My Size, expressed that MySizeID has been welcomed with enthusiasm and excitement during the three days of CES. The company’s booth was visited by a huge number of web retailers seeking to enhance their consumers’ shopping experience.
Luzon reported that they had highly productive discussions and meetings with some of the major retailers in the world. All apparel retailers are aware that their consumers look to shop online and simply intend to make a transaction that is the right size the introductory time they order. They consider that MySizeID offers the key to revealing further growth in the buzzing web apparel market, while enhancing economics for retailers and providing customers a more fruitful shopping experience.
In a web clothing market, projected to be valued at more than $72 billion in the United States alone, apparel returns amounting to 70% are size related, whereas 32% of shoppers don’t buy fashion online due to uncertainly around fit and size. My Size has the know-how to resolve this weakness in the ecommerce economy and they consider their solutions will offer clear financial results for their consumers.
MySizeID allows customers to measure their body utilizing their smartphones, enabling the application to decide the correct size for clothing offered online. The technology exhibits a conceptual revolution that may considerably lower the margin of error witnessed by customers who buy the wrong size online and may enhance customer confidence in web purchases on matters pertaining to size.
