Italist's average cart size is approximately $600
Diego Abba · Italian Fashion Brand Doing $12m/Year In Transaction Volume EP 227 · Apr 6, 2016 · at 14:48
Diego Abba, CEO of luxury marketplace Italist, clarifies average order economics during a discussion with Nathan Latka.
0:00 / 0:02exact quote · 2.5s
720p mp4 · rendered on demand · StarZero watermark
“No, no, no, the average card size is about 600 dollars.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Diego Abba
Only 6% of Italian luxury retail transactions occur online
“Not to mention that only six percent on those transactions go online.”
Activision generated $1B in five days during a Call of Duty launch
“The last one I received as an award was like, we did a billion in a few, in five days or something like that.”
The global luxury apparel and accessories market is under $50B
“In apparel, so clothing and accessories, so bags and shoes, the global market is worth under fifty billion.”
Italist surpassed $10 million in transaction volume in 2015
“In 2015, we passed we passed the first bar that is above the ten million”