AGORACOM Small Cap CEO Interviews
AGORACOM Small Cap CEO Interviews
AGORACOM
PK Beans $BEAN Is The Woman Powered Small Cap Incorporating Augmented Reality And Other Innovations To Revolutionize Children's Clothing Industry
31 minutes Posted Mar 8, 2021 at 12:39 am.
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If you thought PK  Beans $BEAN is just a children's clothes retailer, you'd better think  again.  Whereas children's clothes retailers simply stack, rack and sell  on volume, $BEAN is bringing the kind of innovation to the space that  we once saw from the likes of Apple.

Just as Apple did  back in the day, $BEAN is creating a complete experience out of their  products that includes the use of Augmented Reality stories with  characters that carry great messages while showcasing their products.

More than just a cool idea, $BEAN innovation is creating some eye-popping KPI's in it's very early pivot such as:

  • 10,000 customers
  • 62% returning customer rate
  • $29 on every $1 of ad spend
  • 18,000 + orders in 2020
  • 55% increase in online visitors
  • $1.5M + in 2020 sales
  • .... and much more

Beyond Augmented  Reality, $BEAN has also incorporated a second-hand resale and  sustainable initiative that, combined with the fact it is Canada's only  public company with a board dominated by women, is quickly becoming a  great ESG company.

Why  is that important?  ESG investing (Environmental, social and corporate  governance) is a very big trend in the United States, where BEAN is  expanding to next!

Watch this incredible interview with BEAN Founder & CEO Traci Costa