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FasterPants
          Building engines that style clothing.

           Creating uplift for secondary sales.
Giving retailer’s customers a great shopping experience.




        Ben Wolff                Dan Marques
        CEO /Founder             CTO
Financial Overview




                     2
Clothing Retailers   3 Big Problems

1. Reduce current & leftover inventory
2. Get more stuff in the cart
3. Slow and clunky user experience




                                         3
The FasterPants Solution

    SaaS + “White Label”
     (Consumer Facing Engine)




                                4
Products
• FP Core Engine
  • Core Technology
      Based on actual human styling expertise
      Universal: brand & retailer agnostic
      SaaS: API for easy integration

• FP Hosted Service
  • White Label Consumer Facing Engine
     Sales driving software for online clothing retailers
  • Seamless visual customization: match client’s ecommerce
     site


                                                             5
Before the FasterPants inlay add-on




                                      6
…After the inlay add-on
                             Sourcing their products                                    3D Virtual
                                                                                       Mannequins



                                      Thanks! Now check out these outfit solutions




    Styling filters




                 Sizing
               on the page
                                                                                     One-Click Select
                                                                                     adds entire outfit
                                                                                         to cart


                                                                                                  7
Market
Near Term: (YE1+) Men’s Clothing Retailers
• Brooks Brothers, Macy’s, Casual Male, Banana Republic,
  Bloomingdales, JC Penney, Kohl’s, Jos. A. Bank, Bluefly, etc.


Long Term: (YE2+) Women’s Clothing Retailers
             (Some duplicate retailers with women’s lines)

• Brooks Brothers, Macy’s, Banana Republic, Bloomingdales,
  JC Penney, Kohl’s, Bluefly, etc.




                                                             8
Go to Market Strategy (B2B)

In active talks with $467m clothing retailer
    • Planned 2nd presentation in Oct, 2012 with president & ceo
          and key stakeholders


In talks with 3 companies:
     • Buyou
     • ACustom
     • Cravatta Pelliano




                                                                   9
Revenue Streams

                         YE1         YE2         YE3          YE4          YE5
Number of Clients          1           5          10           20              40

Earnings per client   $30,000   $200,000    $400,000     $500,000     $500,000

Cost of sales           5,000      5,000       5,000         5,000        5,000



Total revenue          30,000   1,000,000   4,000,000   10,000,000   20,000,000
Cost of sales           5,000     25,000      50,000      100,000      200,000

Gross Margin           25,000    975,000    3,950,000    9,900,000   19,800,000




                                                                          10
Competition
 •   The old ways of “Like” recommendations
 •   Bespeak


Barriers to Entry
 •   Patent Pending
 •   Inventory cycling algorithm
 •   Styling filters (Now, Classic, Forward) & clothing type filters
 •   Automated learning filters
 •   “Real-Time Trending” data reporting for retailers




                                                                       11
Team
CEO Ben Wolff
•   5 years: Top Salesman for Hugo Boss, plus Bloomingdales & Armani
•   Two time Entrepreneur with 10 years as a Wardrobe Stylist (Re-Dress.com)
     • Reality Show “Shop! NYC!”
•   Creator of the algorithm fueling FasterPants ™


CTO Daniel Marques
•   Twenty-six Years of IT experience with startups, large enterprises, as
         an entrepreneur & team building


Alex Dowad
•   Senior Software Developer


                                                                             12
Milestones
 Core SaaS, built
  Core Engine                               Built

 White Label Hosting Service build to suit Built
  White Label Hosting Service,

 Inventory tagging system, built
  Inventory Tagging System                  Built

 3D Virtual Mannequin, build to suit
  3D Virtual Mannequin                      Built

 Real-Trending Data Reporting, in progress In-Progress
  “Real – Time Trending” Data Reporting

 Business Development, ongoing
  Business Development                      On-Going


What’s Next?
•   The Women’s Engine



                                                          13
Review

Financial Overview   $19M in Y5. $17.8M Net Income
Product              FP Core Engine, FP Hosted Service
Markets              Men’s, women’s online clothing retailers
Customer Strategy    Small to large companies
Competition          Retailers old ways. Bespeak
Barriers to Entry    Patent pending technology
Use of Proceeds      Team, patents, biz dev, software dev
Management Team      Wardrobe Stylist, seasoned IT
Milestones           Prototype ready for market




                                                                14
FasterPants
        Building engines that style clothing.


         Creating uplift for secondary sales.
Giving your customers a great shopping experience.




               Ben Wolff CEO
                917.627.0745
            ben@fasterpants.com
            www.FasterPants.com

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FasterPants Crowdfunder Edition

  • 1. FasterPants Building engines that style clothing. Creating uplift for secondary sales. Giving retailer’s customers a great shopping experience. Ben Wolff Dan Marques CEO /Founder CTO
  • 3. Clothing Retailers 3 Big Problems 1. Reduce current & leftover inventory 2. Get more stuff in the cart 3. Slow and clunky user experience 3
  • 4. The FasterPants Solution SaaS + “White Label” (Consumer Facing Engine) 4
  • 5. Products • FP Core Engine • Core Technology  Based on actual human styling expertise  Universal: brand & retailer agnostic  SaaS: API for easy integration • FP Hosted Service • White Label Consumer Facing Engine Sales driving software for online clothing retailers • Seamless visual customization: match client’s ecommerce site 5
  • 6. Before the FasterPants inlay add-on 6
  • 7. …After the inlay add-on Sourcing their products 3D Virtual Mannequins Thanks! Now check out these outfit solutions Styling filters Sizing on the page One-Click Select adds entire outfit to cart 7
  • 8. Market Near Term: (YE1+) Men’s Clothing Retailers • Brooks Brothers, Macy’s, Casual Male, Banana Republic, Bloomingdales, JC Penney, Kohl’s, Jos. A. Bank, Bluefly, etc. Long Term: (YE2+) Women’s Clothing Retailers (Some duplicate retailers with women’s lines) • Brooks Brothers, Macy’s, Banana Republic, Bloomingdales, JC Penney, Kohl’s, Bluefly, etc. 8
  • 9. Go to Market Strategy (B2B) In active talks with $467m clothing retailer • Planned 2nd presentation in Oct, 2012 with president & ceo and key stakeholders In talks with 3 companies: • Buyou • ACustom • Cravatta Pelliano 9
  • 10. Revenue Streams YE1 YE2 YE3 YE4 YE5 Number of Clients 1 5 10 20 40 Earnings per client $30,000 $200,000 $400,000 $500,000 $500,000 Cost of sales 5,000 5,000 5,000 5,000 5,000 Total revenue 30,000 1,000,000 4,000,000 10,000,000 20,000,000 Cost of sales 5,000 25,000 50,000 100,000 200,000 Gross Margin 25,000 975,000 3,950,000 9,900,000 19,800,000 10
  • 11. Competition • The old ways of “Like” recommendations • Bespeak Barriers to Entry • Patent Pending • Inventory cycling algorithm • Styling filters (Now, Classic, Forward) & clothing type filters • Automated learning filters • “Real-Time Trending” data reporting for retailers 11
  • 12. Team CEO Ben Wolff • 5 years: Top Salesman for Hugo Boss, plus Bloomingdales & Armani • Two time Entrepreneur with 10 years as a Wardrobe Stylist (Re-Dress.com) • Reality Show “Shop! NYC!” • Creator of the algorithm fueling FasterPants ™ CTO Daniel Marques • Twenty-six Years of IT experience with startups, large enterprises, as an entrepreneur & team building Alex Dowad • Senior Software Developer 12
  • 13. Milestones  Core SaaS, built Core Engine Built  White Label Hosting Service build to suit Built White Label Hosting Service,  Inventory tagging system, built Inventory Tagging System Built  3D Virtual Mannequin, build to suit 3D Virtual Mannequin Built  Real-Trending Data Reporting, in progress In-Progress “Real – Time Trending” Data Reporting  Business Development, ongoing Business Development On-Going What’s Next? • The Women’s Engine 13
  • 14. Review Financial Overview $19M in Y5. $17.8M Net Income Product FP Core Engine, FP Hosted Service Markets Men’s, women’s online clothing retailers Customer Strategy Small to large companies Competition Retailers old ways. Bespeak Barriers to Entry Patent pending technology Use of Proceeds Team, patents, biz dev, software dev Management Team Wardrobe Stylist, seasoned IT Milestones Prototype ready for market 14
  • 15. FasterPants Building engines that style clothing. Creating uplift for secondary sales. Giving your customers a great shopping experience. Ben Wolff CEO 917.627.0745 ben@fasterpants.com www.FasterPants.com