AI Phone Body Scanning
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A business opportunity exists to create an AI-powered body scanning platform that helps online shoppers find their correct clothing sizes using just their phone camera. This would solve the major problem of clothing returns in e-commerce.
Key Points:
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Core Technology:
- Use phone camera and AI to scan and measure body dimensions
- No special suits or equipment needed (unlike current solutions like Zozo fit)
- Similar to how calorie counting apps now use AI to identify food from photos
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Key Features:
- Quick scan using phone camera
- Automatic size recommendations across different brands
- Integration with e-commerce platforms
- Reduces need for manual measurements
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Market Opportunity:
- Could be sold to every e-commerce site
- Helps reduce returns which is a major cost for apparel companies
- Technology is becoming feasible now with advances in computer vision
- Current solutions require special equipment or are inaccurate
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Timeline:
- Might not work perfectly in first year
- Should be viable within 2 years as AI technology improves
- Good opportunity for teams skilled in computer vision
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Revenue Model:
- License technology to e-commerce platforms
- Focus on reducing return rates as key value proposition
13:05 - 14:55
Full video: 48:58SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.