This guy Sidharth looks very sorted and deeply understands business. I really wish Snitch wipe out h&m, zara not just from India but at a global scale. Best of luck bro,
Wow this episode is full of insights!!! Please do more episodes on businesses related to textile industry. And also, it would be helpful if you make en entire video on the terms that every aspired entrepreneur or business man should know.
As an e-commerce expert myself, I never learned as much in my three years as I did from this single 35-minute episode. Wishing Siddharth more success along the way from Pakistan. ❤
It's never abt understanding business it's abt your perfect personal taste that answers all your problems that other brand isn't providing simple as that
🎯 Key points for quick navigation: 00:00:56 *📈 Snitch, a clothing brand, achieved a revenue of 100 crores in just 3 years, showcasing significant growth in a competitive market.* 00:02:10 *🎢 The founder, Siddharth Dugarwal, transitioned from jewelry to clothing, taking advantage of surplus clothing from local factories in Bangalore.* 00:04:38 *🚀 Siddharth learned the production process from scratch after being stuck with unsold fabric, leading to a significant pivot in his business model.* 00:07:57 *⏱️ Snitch redefined the supply chain for fashion, reducing production timelines from months to approximately 25 days.* 00:09:53 *🥇 Fast fashion is categorized into regular, fast, and super fast fashion, with Snitch positioned firmly in the fast fashion segment.* 00:11:46 *✨ For fast fashion success, it’s crucial to control design and procurement while streamlining factory processes for better agility.* 00:13:14 *🔄 Demand forecasting is essential in apparel, categorizing products into head, belly, and tail to manage inventory effectively.* 00:14:09 *📈 Transitioning to direct-to-consumer (D2C) was pivotal for Snitch, enhancing brand visibility and customer data ownership.* 00:17:35 *📱 The launch of Snitch’s app significantly boosted customer engagement and conversion rates, with over 2 million downloads.* 00:19:31 *💰 With a gross margin of 50-52% and continual profitability, Snitch illustrates a successful financial model in the apparel industry.* 20:00 *📦 Customers tend to buy multiple products, with an average unit per transaction (UPT) of 1.8.* 20:27 *🔄 Snitch has a repeat purchase rate of about 43-44%, driven by product quality and customer experience.* 21:23 *🏷️ Positioned between Max and H&M, Snitch aims for affordable pricing with the quality of premium brands.* 22:22 *📱 Investing in a branded app is beneficial once repeat rates surpass 35%.* 24:21 *📈 Shark Tank exposure resulted in 35,000 live visitors and a fivefold increase in revenue, showcasing the importance of brand trust.* 25:46 *🏬 Snitch launched a store that achieved 1.25 crores in sales within its first month.* 26:43 *🔍 Producing only 50-80 pieces initially allows for data-driven adjustments based on market response.* 29:06 *📊 Tracking sales in the first week helps determine product success thresholds.* 30:33 *🌏 Design decisions are influenced by global trends adapted to Indian body types and preferences.* 32:03 *🤝 Establishing an open and relatable culture is crucial; leaders should remain accessible to all employees.* 33:57 *🚀 Starting a business requires minimal investment; the key is to begin, identify a target niche, and prioritize customer experience.* Made with HARPA AI
Loved every bit of this conversation. Don't call the Customer Support floor the boring floor, you have passionate employee sitting there too, mentioning more than anyone else, that they represent Snitch. For customers, they are SNITCH, and no one else. Trust me.
Chart se order placing kabtak available ho jayega?? AngelOne, Zerodha, even Dhan is providing this simple scalping order placing facility direct from chart.......
It was a wonderful episode. Other I watch at 2x, but here as every talk was PRECIOUS had to slow and pause and watch. Request Vaibhav to do more such episodes especially on ecommerce and dc2.
I bought a hoodie for my husband from snitch. After one wash the hoodie faded in patches. I wrote them an email complaining about the product but they rejected my complaint saying it's not their fault and they can't do anything about it. Also lint developed on the product with very minimal usage. I bought two more products from Snitch to check if its the brand or that specific product that is problematic. The quality of the other two products was very poor, hence I returned them and would never purchase from Snitch again.
I am looking daily Snich apps Not Available size jeans very nice product but i am trying daily searching but not have available may i know when will Get
Amazing, Amazing, Amazing Series Can never get off the content this channel provides Always a fan of Groww Every time I think what next and groww comes up with new high quality content
honestly i watched the entire video i have a burning qunestion the target audience of zudio and snitch looks same how do you guys compete with them in term of marketing distribution and supply chain and how much time does a brand need to have to become a super fast fashion brand
00:02 Understanding businesses is crucial for success in India 02:31 Starting a clothing brand by sourcing surplus clothing from factories 06:35 Challenges in the supply chain for starting a clothing brand 08:34 Transforming from traditional to fast fashion model in supply chain 13:22 Started clothing brand in India with influencer marketing 16:29 Started as a small team and rapidly grew the clothing brand with a successful app launch. 21:10 Positioning a clothing brand between premium and affordable for the Indian market 23:04 Starting a clothing brand in India involves auditions, marketing opportunities, and building trust. 27:23 Key aspects of building a successful clothing brand 29:22 Managing logistics and product design process 33:14 Key points to consider when starting a clothing brand in India 35:32 Narrating a story can work wonders in starting a clothing brand.
Dear Vaibhav you are doing such a great work , please also ask these D2C entrepreneurs about which courier company services they are using for shipping for confirm delivery and there are many issues with ship rocket platform about their weight discrepancies in which they overcharge the sellers later on so how do they deal with this major issue and lastly are these facebook ads worthy enough nowadays and for how much approx they are spending to get per sale ?
#Happy Holi Sir Aapka Vedio Bohuti Acchai Hoten Hain Aap Acche Samjhate Ho Esey Samajh Main Aa Jata Sir Kolkata Walo Kai Taraf Se Bohuti Shub Kabnayen You Are Good Look Sir 🙂👌👌
Thank you so much sir actually very interesting but my question how to collaboration with and clothes factory please give me advise and second think only I do it but offline how can do it please give me suggestions i really wand build my brand
I want to work with this company My name is Sakshi Vijay Yewale I am a Bcom Finance and Taxation student and I will complete my education in July 2024. I have certification in Gst, Tally, MS Excel, Digital Marketing. I have also done an internship in Insight For Innovation as a teacher. I have called the students oarents and convinced them to register for online classes. Took classes for students. This helped me in time management and communication and networking. I also knew languages like Marathi, Malayalam, Hindi, English. I would really like to work in this company. As a fresher this will help me to gain the experience in the Finance field.
Had a worst buying experience with snitch this year... got a very poor ...third class quality shirt from them and they don't care about it The clothes are cheap and so is the quality Avoid buying biggg time
22:10 app vs website
21:00 differentiation
28:30 tech
29:07 design
30:11 design
ur insta id?
Main point sidharth said not think big just start. 👍
India is upcoming land of entrepreneurs
All questions are very relatable for this business & all clothes businesses are very happy to hear those questions 💝
This guy Sidharth looks very sorted and deeply understands business. I really wish Snitch wipe out h&m, zara not just from India but at a global scale. Best of luck bro,
Yeah right
zara just sucks and overexpensive , a jeans from levis will last 50x longer than zara
Lol are u guys kidding me do u even have any idea about Zara - even snitch just copy the design
He understands customer needs.
Rare rabbit is way better than snitch in terms of quality. Snitch need to focus on their product quality and invest more on r&d
Wonderful…👍
Wow this episode is full of insights!!! Please do more episodes on businesses related to textile industry. And also, it would be helpful if you make en entire video on the terms that every aspired entrepreneur or business man should know.
Brilliant. Here on UA-cam for this type of content 👏
As an e-commerce expert myself, I never learned as much in my three years as I did from this single 35-minute episode. Wishing Siddharth more success along the way from Pakistan. ❤
It's never abt understanding business it's abt your perfect personal taste that answers all your problems that other brand isn't providing simple as that
Very much inspiring and motivating. Thanks for making such very much informative video which will help people to think and start their own brand.
Vaibhav it was great conversation.
For upcoming Brand now resonate How all the Processes worked.
Thanks grow teams and thank Vaibhav ❤❤
Thank you brother :)
🎯 Key points for quick navigation:
00:00:56 *📈 Snitch, a clothing brand, achieved a revenue of 100 crores in just 3 years, showcasing significant growth in a competitive market.*
00:02:10 *🎢 The founder, Siddharth Dugarwal, transitioned from jewelry to clothing, taking advantage of surplus clothing from local factories in Bangalore.*
00:04:38 *🚀 Siddharth learned the production process from scratch after being stuck with unsold fabric, leading to a significant pivot in his business model.*
00:07:57 *⏱️ Snitch redefined the supply chain for fashion, reducing production timelines from months to approximately 25 days.*
00:09:53 *🥇 Fast fashion is categorized into regular, fast, and super fast fashion, with Snitch positioned firmly in the fast fashion segment.*
00:11:46 *✨ For fast fashion success, it’s crucial to control design and procurement while streamlining factory processes for better agility.*
00:13:14 *🔄 Demand forecasting is essential in apparel, categorizing products into head, belly, and tail to manage inventory effectively.*
00:14:09 *📈 Transitioning to direct-to-consumer (D2C) was pivotal for Snitch, enhancing brand visibility and customer data ownership.*
00:17:35 *📱 The launch of Snitch’s app significantly boosted customer engagement and conversion rates, with over 2 million downloads.*
00:19:31 *💰 With a gross margin of 50-52% and continual profitability, Snitch illustrates a successful financial model in the apparel industry.*
20:00 *📦 Customers tend to buy multiple products, with an average unit per transaction (UPT) of 1.8.*
20:27 *🔄 Snitch has a repeat purchase rate of about 43-44%, driven by product quality and customer experience.*
21:23 *🏷️ Positioned between Max and H&M, Snitch aims for affordable pricing with the quality of premium brands.*
22:22 *📱 Investing in a branded app is beneficial once repeat rates surpass 35%.*
24:21 *📈 Shark Tank exposure resulted in 35,000 live visitors and a fivefold increase in revenue, showcasing the importance of brand trust.*
25:46 *🏬 Snitch launched a store that achieved 1.25 crores in sales within its first month.*
26:43 *🔍 Producing only 50-80 pieces initially allows for data-driven adjustments based on market response.*
29:06 *📊 Tracking sales in the first week helps determine product success thresholds.*
30:33 *🌏 Design decisions are influenced by global trends adapted to Indian body types and preferences.*
32:03 *🤝 Establishing an open and relatable culture is crucial; leaders should remain accessible to all employees.*
33:57 *🚀 Starting a business requires minimal investment; the key is to begin, identify a target niche, and prioritize customer experience.*
Made with HARPA AI
You should have interviewed Suta brand, its a 5000cr D2C model and also sustainable. Much bigger success story
Very good podcast. Very helpful thanks to Siddhartha sir and groww. For the insightful Podacst.❤
Super transparent, Sidhart gave all the insights to help any new brand emerge. Thank You so much for all the information shared👍
Kudos to the team very well illustrated with gfx
Thank you for this podcast. Loved it 👍🏻
It's amazing learning to right time.. I am starting to the clothing business next month.. so thank you for this..❤
Bro how much did it cost to start a clothing business
Excellent and inspired me so much
Loved every bit of this conversation.
Don't call the Customer Support floor the boring floor, you have passionate employee sitting there too, mentioning more than anyone else, that they represent Snitch. For customers, they are SNITCH, and no one else. Trust me.
"An exceptional founder with a keen sense for strategy and vision, his advice is nothing short of remarkable-always precise and right on target!" 😊
Chart se order placing kabtak available ho jayega?? AngelOne, Zerodha, even Dhan is providing this simple scalping order placing facility direct from chart.......
Excellent content… looking forward to more such episodes
It was a wonderful episode. Other I watch at 2x, but here as every talk was PRECIOUS had to slow and pause and watch.
Request Vaibhav to do more such episodes especially on ecommerce and dc2.
Bhai isko dekh ke humne K19 Clothing start kiya hai hope people will support it...
Lovely podcast, you’ll pretty much watch it at one go 👏🏻👏🏻
This was really a very good and informative content. All investors should watch this, specially people who are planing to become future entrepreneurs.
Great interviewers and great questions
How to purchase above market price in options trading and same time set Target price
It was knowledgeable and fun with all those illustrations 🔥🔥🔥✔️
Their linen collection is top notch....
Excellent content… looking forward to more such episodes
I bought a hoodie for my husband from snitch. After one wash the hoodie faded in patches. I wrote them an email complaining about the product but they rejected my complaint saying it's not their fault and they can't do anything about it. Also lint developed on the product with very minimal usage.
I bought two more products from Snitch to check if its the brand or that specific product that is problematic. The quality of the other two products was very poor, hence I returned them and would never purchase from Snitch again.
One thing is clear, trust the process.
He’s a living example of do what you like doing - He loves fashion clothing so left dad’s jewelry business !
Making India proud
I loved the video and it's content Siddharth explained everything so well and gave very good suggestions for those planning new start ups
He's very generous to share his entire journey & great insights for aspiring entrepreneurs... great episode❤
Snitch Best Fashion Dreresup 👌👌👌 2024 - 25
Keep posting these types of videos
Thanks Siddharth for the wonderful insights
Awesome video ...thank you both as a team
17:37 19:15 20:22 35:04
Superb interview. Kudos to both - right questions well answered
I am looking daily Snich apps Not Available size jeans very nice product but i am trying daily searching but not have available may i know when will Get
Worth watching ❤
5:27 Siddharth says, 'Patterns' it means the structure of shirt, not art patterns.
Amazing, Amazing, Amazing Series
Can never get off the content this channel provides
Always a fan of Groww
Every time I think what next and groww comes up with new high quality content
Really nice videos. We learn and enjoy lots.. thanks team
Superb
Thankyou so much for this 😊😊 ...
honestly i watched the entire video i have a burning qunestion the target audience of zudio and snitch looks same how do you guys compete with them in term of marketing distribution and supply chain and how much time does a brand need to have to become a super fast fashion brand
00:02 Understanding businesses is crucial for success in India
02:31 Starting a clothing brand by sourcing surplus clothing from factories
06:35 Challenges in the supply chain for starting a clothing brand
08:34 Transforming from traditional to fast fashion model in supply chain
13:22 Started clothing brand in India with influencer marketing
16:29 Started as a small team and rapidly grew the clothing brand with a successful app launch.
21:10 Positioning a clothing brand between premium and affordable for the Indian market
23:04 Starting a clothing brand in India involves auditions, marketing opportunities, and building trust.
27:23 Key aspects of building a successful clothing brand
29:22 Managing logistics and product design process
33:14 Key points to consider when starting a clothing brand in India
35:32 Narrating a story can work wonders in starting a clothing brand.
You should hv asked k material ka kya krte h. Kaha se procure karte h
awesome insightful video!
one of the powerful business podcasts
Great Host Great Questions Great Interview
really insightful. thank you @Groww and @Siddharth
But I’m failing to understand why snitch is not addressing the fabric quality issue. It’s a huge bummer and ultimately that matters a lot.
Insightful video
Dear Vaibhav you are doing such a great work , please also ask these D2C entrepreneurs about which courier company services they are using for shipping for confirm delivery and there are many issues with ship rocket platform about their weight discrepancies in which they overcharge the sellers later on so how do they deal with this major issue and lastly are these facebook ads worthy enough nowadays and for how much approx they are spending to get per sale ?
21:15 to 21:43👌👍
Try researching fashion and trends of kerala garments market
You'll get more info, on fast fashion and production timing,
Great work team 👏🏻🎉
very inspiring story loved it.
Next 2 month's we are lunching our own cloth brand
HOPEFULLY IT DOES WELL
Wonderful, I am impressed with the question "how do you set the culture right"?
I see their products on marketplaces .
Delivery and shipping how do you manage in online business
im a happy customer of snitch.
Am I confused with Groww and growth school here?
No Mens centric fashion app untill snitch launched it is the name of the game
#Happy Holi Sir Aapka Vedio Bohuti Acchai Hoten Hain Aap Acche Samjhate Ho Esey Samajh Main Aa Jata Sir Kolkata Walo Kai Taraf Se Bohuti Shub Kabnayen You Are Good Look Sir 🙂👌👌
Clothing apparel ke liye kitna amount chahiye sir pls guide me.
I think he has placed himself between zudio & h&m
Grt video❤
Very informative
Hey , i extremely luv ur brand and ur story is highly inspiring,
Thank you so much sir actually very interesting but my question how to collaboration with and clothes factory please give me advise and second think only I do it but offline how can do it please give me suggestions i really wand build my brand
Great interview with explained
Nice content sir ❤
Its provide knowledge that we search for
Good
I want to work with this company
My name is Sakshi Vijay Yewale
I am a Bcom Finance and Taxation student and I will complete my education in July 2024. I have certification in Gst, Tally, MS Excel, Digital Marketing.
I have also done an internship in Insight For Innovation as a teacher.
I have called the students oarents and convinced them to register for online classes. Took classes for students. This helped me in time management and communication and networking. I also knew languages like Marathi, Malayalam, Hindi, English.
I would really like to work in this company. As a fresher this will help me to gain the experience in the Finance field.
Great to see Vaibhav hosting this podcast. ❤
Groww App Se Home Gold Car Loan Kaise Milaiga Sir Madam Bolo 🙂
Shein following Just in Time concept
Good knowledge and information imparrted regarding business 🎉🎉
To start a clothing business minimum kitna investment lagega???
15000
This isn't Vaibhav's voice. What did you folks do to his voice for the intro
Make video on perfume and printing industry
Awesome content..
9:01 9:46
Business karne ke paise ki jarurat hoti hai
Super smart guy!
Gre8 interview,nice video ,🔥🔥learned a lot❤🤗
Really helpful
noiceeeeeeeeeeeee.............. LET'S START
Had a worst buying experience with snitch this year... got a very poor ...third class quality shirt from them and they don't care about it
The clothes are cheap and so is the quality
Avoid buying biggg time