- Overhead cost of retailers is their highest recurring expense
- Traditional methods for retail data analytics are practiced
- Advertisements by brands are generic to all customers
- Customers are frustrated with shopping experience
Solution
Plug & Play Smart device with self check-out and fully integrated SaaS solution with the retailers to save time and money for both the brands and customers while reducing operational expenses.
60% reduction in overhead cost
10 months break-even on purchase & installation of device
Concise data points
Predictive & Prescriptive Analytics using Big Data
Targeted advertisements
Real time ads based on consumer shopping behavior
Self-checkout for frictionless shopping
No queues, Removing scanner overcharges, voice assistant
Technology
Sensor fusion platform consisting of ToF & Depth technologies to offer a scanless premium product using real-time object detection and recognition models.
Product
Offering Plug & Play Smart Trolley Kits or Custom Smart Trolleys as per the store requirements
Voice Assistant for customers with product specific questions such as allergens, nutritional info, etc.
Analytics
Analytics Dashboard and Integration API for brands & retailers with key performance metrics using predictive and prescriptive big data models
Metaverse
First Virtual Smart Trolley in the Metaverse by creating a new selling, marketing and engagement channel incorporated in the omnichannel experience
Advertisements
Targeted Ads curated from shopping analytics to get real time Ad conversions (API to AdExchanges)
Features
Manual Barcode Scan
AI-powered Item recognition
Voice Assistant
Weigh-in Scale
On-screen Ads
In-store search & navigation
Integrated POS
- mh@rayonlabs.com
- Waterloo, Ontario, Canada