Katrina Lake Quotes
'Personalization' is a popular word in retail, and people often misuse it to describe simple marketing tactics, like segmenting emails or using big data to identify the likely gender of a visitor to their websites.
Lake, Katrina. "Stitch Fix's CEO on Selling Personal Style to the Mass Market." Harvard Business Review, vol. 96, no. 3, May-June 2018, pp. 35-40.
Direct marketing coined this term in 1961. Direct marketing is defined as the ability to target specific consumers with ads rather than blanketing the airwaves with mass appeals and hoping the right people will hear them.
Katrina Lake is an American businesswoman who is the founder and CEO of Stitch Fix, a fashion-based subscription service. Stitch Fix was established in 2011 in San Francisco and went public in 2017. In 2017, Lake became the youngest woman to take a company public at age 34 and was the only woman in 2017 to lead an initial public offering in technology. She was surpassed by Whitney Wolfe Herd in 2021, who took Bumble public at age 31.