Glitstreet is India’s first ( and forerunner ) occasion shopping platform designed to connect buyers and sellers to enable made-to-order purchases online. Glitstreet brings India’s best designers and boutique stores under one online roof to help them cater made-to-order and customized products to customers across India and globally. All the products on Glitstreet are specially made to order and can be customized in any way possible.
Glitstreet’s core team comprises of the young and dynamic trio – Mr. Kartik A Dhar (CEO, 26) – Ex Consultant at Bain & Company, B.Tech from IIT Delhi, Mr. Abhishek Jain (COO, 26) – Ex Consultant at Ernst & Young, B.Tech from BITS Pilani, Ms. Aanchal Gulati (Chief Fashion Advisor, 31) – Ex COO of Pernia’s Popup Shop.
Shopping for special occasions is a harrowing process for customers, as sellers are often scattered across the city and have limited inventory. At the same time traditional e-retail platforms suffer from poor user experience for made-to-order products. This, combined with his personal experience prompted Mr. Dhar to come up with Glitstreet. Narrating his personal experience Mr Dhar says – “Seeing my sister’s wedding and the amount of running around that she and the family members had to endure – Led me to do more research on the market “.
Speaking of his experience in setting up the platform, he says – “Setting up and scaling are fraught with challenges. The initial stage has the typical chicken and egg problem of supply and demand. Without supply, demand doesn’t come, and without demand, supply is unhappy. Convincing designers that we are a credible platform, before we had any users, was the biggest challenge when starting out. Now our challenge is in attracting customers in a cost-effective manner (without splashing out massive discounts like other e-commerce cos)“. He further adds on his revenue model – “ Currently we operate on a per sale commission model for sellers only, but going forward we are looking at monetizing through premium online selling services like promoted listings, cataloging services and fulfilment services, as well as creating technology solutions for designers and boutiques for inventory and order management. We are also looking at offline appointments and design / styling consultation services “.
To create a balance between the customer services and the seller services, is essential for an all-round satisfaction, which Glitstreet does with elan.
For The Ever Growing Customers :
Customers are in for a treat with Glitstreet, as it provides access to niche, localized designers / boutiques. All one has to do is – choose a product from over 5000 high quality products ( curated from over 100 designers and boutiques ) from all over the country, make a custom request and there you go, with your very own custom made outfit with flawless fitting.
Alternatively, one can also place a custom request for any fashion one has in mind.
Book a home trial ( The most endearing and innovative feature ) – To enable touch and feel for high value products such as bridal wear.
For The Innovative Designers :
Not to leave the sellers behind, Glitstreet has Seller Services and Designer Friendly Policies designed from the ground up for individual designers.
Seller Services ( seamless onboarding – zero paperwork, premium cataloguing, mobile-friendly seller panel, premium packaging / logistic support )
Designer Friendly Policies ( return verification plus 48 hr window, relaxed SLAs, logistic support for alterations, 100% advance for custom orders ).
Future plans :
With 5000 unique visitors per month, Rs. 35 lakh annual revenue run rate, Glitstreet is aiming to become the de-facto platform for all occasion shopping in India and globally as well. Some additional features ( get customized / celebrity inspired looks, personal styling and fitting advice, warranty on products against material and damage etc., ) are also on the horizon for the benefit of the customers and sellers alike.
Here Is The Team Video
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