Bombfell’s Sandro Roco on getting customer data that Amazon doesn’t have

Facebook made massive growth for creative businesses possible
“Facebook launching the lookalike audience algorithm was probably the biggest thing to change the trajectory of businesses like Bombfell that started out as 100 percent online. Between 2014 and 2017, we had one marketer, and the company was able to [grow to] 20 times [our initial size] in that time. It shows the [potential] of bootstrapping created with the power of a Facebook algorithm.”

Collecting data that’s distinct from Amazon’s
“We think the experience of shopping for clothes still leaves much to be desired. The gap to be solved is, ‘Will it fit me specifically?’ Our company has been able to develop a proprietary IP. Customers tell you things that they won’t even tell their spouses or therapists. Our guys tell us a lot in the onboarding process. They give us information that Amazon may not get — their height, weight and more. What investors and we want is positive unit economics. We generate solid gross margins.”

Operating in a crowded market
“We don’t have any intentions to go into the women’s market. Our DNA is in the men’s space. We compete favorably on average unit retail with the Trunk Club. We’re trying to capture the down-market customer. We’re in the Stitch Fix realm of pricing. At this point, it’s really just branding. It’s not winners-take-all. We think there’s enough space for all of us [retail subscription services] to operate.”