Crafting a Personalized Beauty Look with AI: Meet Beauty GPT

Table of Contents

• Introduction to Beauty GPT
• How Beauty GPT Works
• Revolutionizing the Beauty Industry
• Integrating Beauty GPT into Retail Stores
• The Vision for Beauty GPT
• Conclusion

Introduction to Beauty GPT

Beauty GPT is an artificial intelligence-powered software that provides personalized solutions to all makeup-related queries. It creates a customized look for you based on your selfie, whether it's an interview look or a wedding look. Beauty GPT also provides information about the products required to achieve that particular look.

The founders of Beauty GPT, Abhit, Danish, and Manoj, are from Mumbai. They are happily married but often face the dreaded question from their wives, "How do I look?" If they say "good," their wives would say they didn't pay attention, and if they don't say "good," their wives would accuse them of always finding faults in them. It's understandable because their wives put in a lot of effort and time to get ready, without any help in choosing the right makeup or products suitable for their skin.

Don't worry, everyone! The founders have introduced Beauty GPT to solve all these problems.

How Beauty GPT Works

Beauty GPT is an artificial intelligence-powered software that provides personalized solutions to all makeup-related queries. It analyzes the user's selfie and creates a customized look based on their preferences and requirements.

The software uses context-based search, which is more advanced than traditional keyword-based search. When a user clicks on a specific look, such as "Create me glossy pink lips for my pink dress," or "I just want to do a vintage Hollywood red carpet look," Beauty GPT generates the desired look on a model's face first. The user can then try the look on their own face through facial detection technology.

The software provides three different looks and an automated step-by-step tutorial for each look. The user can even create a wedding look for their sangeet party and choose the most suitable option.

AI-Powered Makeup Recommendations

Beauty GPT runs on nine AI models, among which two are GPT-based large language models that handle the contextual understanding. The third layer combines these models to create the desired makeup look, and the final layer handles the application part, which is the existing 'Do It Yourself' product the founders had built earlier. The founders emphasize that the technology they have built is not a waste, as it forms the building blocks of Beauty GPT. Their platform is unmatched in the market today, as no other company has a similar offering.

Personalized Beauty Solutions

The founders plan to introduce skin and hair solutions along with makeup recommendations in the near future. Beauty GPT aims to become the world's biggest personal beauty advisor, replacing the need for husbands to answer the dreaded question, "How do I look?" Currently, the founders are seeking funding of ₹75 crores for a 75% equity stake in their company.

Revolutionizing the Beauty Industry

Beauty GPT is designed to cater to large retailers with 3,000, 5,000, or 2,000 stores, where it can be most relevant. The founders plan to charge a subscription fee of approximately ₹20 per execution, which is considered a reasonable rate.

The founders have already raised ₹30 crores in funding and have a monthly revenue of ₹18 lakhs. However, they acknowledge that the conversion impact of their product is substantial. One of their clients, who integrated the skin analysis feature on their existing website, saw 12,000 skin analyses and 9,000 purchases in just five months. This would have traditionally cost the client ₹54 lakhs to acquire those customers, but with the integration of Beauty GPT, they spent only ₹10 lakhs.

The founders aim to reach an ARR (Annual Recurring Revenue) of ₹7-8 crores in the next 12 months. They are already in discussions to raise a round of $3 million at a valuation of ₹130 crores.

Integrating Beauty GPT into Retail Stores

The founders have piloted their technology with several large retailers, including Tata, Shopper's Stop, and Lakmé Salons. They plan to deploy a minimum of 800 magic mirrors (their product) in stores.

The business model involves deploying these magic mirrors in retail stores and charging a subscription fee. The founders estimate that each mirror will generate around 10% of the store's average monthly revenue, which is typically ₹6-7 lakhs.

The Vision for Beauty GPT

The founders have a clear vision for Beauty GPT. They want to make it the world's biggest personal beauty advisor, revolutionizing the beauty industry and creating a platform that provides personalized solutions to all makeup, skin, and hair-related queries.

With their AI-powered technology and a team dedicated to innovating in this space, the founders are confident that they will achieve this vision and create a product that will transform the beauty industry.

Conclusion

Beauty GPT is a revolutionary product that aims to solve the age-old problem of choosing the right makeup and beauty products. With its AI-powered technology and personalized solutions, it has the potential to revolutionize the beauty industry.

The founders have faced challenges in funding and scaling the business but remain committed to their vision. With their expertise in the retail industry and a strong team, they are confident that they will overcome these challenges and make Beauty GPT a success.

FAQ

Q: What is Beauty GPT?
A: Beauty GPT is an AI-powered software that provides personalized solutions for all makeup-related queries, creating customized looks based on users' selfies.

Q: How does Beauty GPT work?
A: Beauty GPT uses AI models to analyze users' selfies and provide personalized makeup recommendations, including step-by-step tutorials and product suggestions.

Q: What are the benefits of using Beauty GPT?
A: Beauty GPT helps users achieve their desired makeup looks, saves time and money, and provides a personalized beauty experience.

Q: Can Beauty GPT be integrated into retail stores?
A: Yes, Beauty GPT can be integrated into retail stores, providing customers with a unique in-store experience and increasing conversions.

Q: What is the vision for Beauty GPT?
A: The vision for Beauty GPT is to become the world's largest personal beauty advisor, revolutionizing the beauty industry with its AI-powered solutions.

Q: Will Beauty GPT replace human beauty advisors?
A: No, Beauty GPT is designed to complement human beauty advisors by providing personalized recommendations and solutions based on AI analysis.

Q: What types of looks can Beauty GPT create?
A: Beauty GPT can create various looks, such as interview, wedding, and vintage Hollywood red carpet looks, based on users' preferences and needs.

Q: How does Beauty GPT handle skin and hair analysis?
A: Beauty GPT uses AI models to analyze skin and hair conditions, providing personalized solutions and product recommendations.

Q: Is Beauty GPT available for commercial use?
A: Yes, Beauty GPT is designed to be integrated into retail stores and used by large retailers to enhance customer experiences.

Q: What is the pricing model for Beauty GPT?
A: Beauty GPT follows a subscription-based pricing model, charging retailers per execution for its services.