AI-Powered Stylitics, a category leader in digital merchandising and styling technology, is leading the future of retail with its fourth-generation platform launch and first-of-its-kind automated styling technology. With this update, Stylitics has vastly expanded its training data sets and introduced more than 20 new algorithms to improve AI-driven quality, variety, speed, and scale. Plus, this latest version supports additional verticals, additional regions and 1,500 categories and styles, making it more accessible than ever.
This expansive platform has dire consequences for competitors, as it needs only ten times faster content creation, twice as many layouts and formats, and 50 times more data (including product data, market trend data, shopper behavior and intent, and performance data) than prior iterations. It supports an astonishing 100 billion sessions, $50 billion in tracked purchases, and billions of shopper engagements per month.
The company also expanded its team to support its growth with the hiring of Margaret (MJ) Jastrebski as Chief Product Officer. Jastrebski brings deep product knowledge from her experience in ShopRunner, Orbitz, and various startups. Furthermore, her tenure at TXI revealed her knack for creating innovative, customer-oriented solutions to increase growth.
Already, this revolutionary development has seen a 23% increase in units per transaction and a 21% increase in average order value for its partner retailers. And with $4 billion in incremental revenue earned from the platform so far, Stylitics’ fresh upgrade paves the way for customers to create those all-important inspiring e-commerce experiences for shoppers. Furthermore, with an $80 million series C raised over the course of its development, the AI-supported retail platform is here to stay.
