Join us on a fascinating journey with Siddharth Dungarwal, the creative force behind Snitch. From his triumphant appearance on Shark Tank to propelling Snitch to a monthly revenue ₹ 30 crores, we delve into the world of fashion and entrepreneurship. Explore Siddharth's early days in the clothing trade and the pivotal turning point that paved the way for his success.
As we navigate through Snitch's remarkable growth story, witness its transformation from a humble startup to a fashion sensation. In a mere two years, the Snitch app clocked an astonishing 2 million downloads. Learn how Snitch redefined the fast fashion landscape by significantly shortening the design-to-production cycle.
We also take a closer look at the financial side of the equation, discussing vital unit economics and key metrics essential for Direct-to-Consumer (D2C) success. Siddharth shares his insights into Snitch's offline expansion strategy, strategically choosing locations that will yield remarkable results.
Hope you guys enjoy it.
Timestamps
0:00 Introduction
1:28 Journey
8:08 What is Fast Fashion?
10:49 Supply chain simplified
14:03 Unit economics of Snitch
15:58 Shark tank experience
17:24 D2C key metrics
19:08 Online only to the Offline decision
22:17 Offline store metrics
22:59 Marketing strategy
25:56 Hiring secrets
27:55 Fundraising plans
28:52 Advice for Entrepreneurs
30:43 Lightning round
To connect on social media:
Instagram- / siddhant_bhandari
Twitter- siddhant_555?lang=en
Linkedin- / siddhant-bhandari-901a...