Kooick, Inc.

Game Changer! Smart markets are rapidly emerging as the next big thing for operators. Here is a convenient link to the Podcast (follow us please)... https://bit.ly/3RKKvgP_bt From all indications, smart markets are a game changer. Driven by AI, featuring the security benefits of vending and all of the product merchandising power of a micro market, it is no wonder that smart markets are emerging as the next big thing. Many of the interviews in this podcast (which offers a timely post season baseball theme) were conducted by host Bob Tullio for the article that appeared in Automatic Merchandiser Magazine’s August edition. In part one of a two-part episode of Automatic Merchandiser & VendingMarketWatch's Vending & OCS Nation podcast, Tullio takes a deeper dive, talking to many entrants into the smart market space – big and small, all beginning to find their niche in what is almost certain to become a massive opportunity for everyone involved. You can't tell the players without a scorecard. This podcast is your scorecard for the micro market game. Featuring Evan Jarecki from Gimme, Ryan McWhirter of 365 Retail Markets, Elyssa Steiner of Cantaloupe Inc, Yang Yu of Micromart and Arthur Siller from Evergreen Refreshments. Part two of this podcast on smart markets will be available on Tuesday, October 15th. We will be talking to several other smart market providers, including @Mike DeLazzer. Founder of Redbox, now with Instant Systems USA, Detlev Goedbloed of Structural Concepts Corporation, @Fred Kahn at Kooick, Inc., Guy Moshe at Shekel (ASX:SBW) and more. One week from Tuesday - October 1 - We will be talking to three companies who are taking micro market theft mitigation to a higher level. Bridger Keally and Mac Bolak from Panoptyc, Mark K. and Bryan Hebert at ProWatch Solutions Inc. and Kevin Galaida at Theft Detective. #micromarket #vending #ai #vendingmarketwatch #smartmarkets #theftmitigation #retailtheft #retailsecurity #smartcooler #retail #technology #coffeeservice #nama #gamechanger

The advent of modern technology?continues to revolutionize our way of life, permeating even the most ordinary aspects of our daily routines. The retail sector is not immune to these changes and, in fact, is embracing novel concepts to optimize its services. One such innovation is the emergence of unattended refrigerated retail. Find out why it's a game-changer poised to transform the way we shop and provide ample benefits for both store owners and customers. https://lnkd.in/eJiyRsYt #innovation #technology #retail #foodandbeverageindustry #grabandgo #refrigeratedretail #commercialrefrigeration 365 Retail Markets Patronscan Kooick, Inc. CoolR Group

Great new Ai solution that could help make a difference in retail shrink reduction.

National Retail Federation Big Show is a wrap. Enjoy diving headfirst into commerce and commerce tech. Overall, the mood for consumer spend in 2024 seems muted but optimistic, coming off a positive Q4 and expected interest rate cuts, but also a volatile environment and the uncertainty of an election year. "I think the economy is going to grow relatively slowly this year, slower than it's been, but I don't think a recession is in the cards" Steve Liesman Key Themes: => Shrinkage and Organized Crime are top of mind. Huge focus on technology to manage theft and crime. Some retailers reported that "shrinkage" has jumped to a 8% of volume (many say it's higher) while supermarket margins are razor thin (1-3%) so the urgency is clear: Vision tech, RFID?tags, self-service locked cases, parking lot cameras that track and cross reference license plates, etc. "We are taking our stores back". => The future of Commerce is AI. AI for forecast and supply chain, AI for product innovation, AI for analytics, AI for operations, AI for customer service and bots, AI for marketing mix, AI for product recommendations, AI for acquisition, AI for traffic predictions, AI for store design, AI for semantic search (you get the idea...) => Multiple sources of truth. Compostable commerce and a cookie-less future. First party data capture and how to improve conversion. Omnichannel conversion and how to better track your customer. Video is key: live-shopping, UGC, one-on-one sales, etc. => The modern store is interactive, self-checkout, cashierless (or close to it). Vending machines, Self-checkout devices, cameras galore, AR mirrors. => Looking for tech to drive margin expansion and higher return on investment. Payments, Returns, Supply Chain (Transferring return responsibilities to the customer might lead to short-term cost reductions, yet poses the risk of long-term customer dissatisfaction and erosion of loyalty. ) Circular marketplaces to manage waste. => Companies looking for ecosystems and solutions that leverage data to solve more problems (or at least work well with each other). Many specific solutions featured within large partner booths. Large companies will continue to spend on tech to be competitive, which will make it even more challenging for SMBs to scale. Best part? Fun Dinners (Brian Lange), cocktails (Sam Wils), and winning at poker (Stacy Berns Stacey Widlitz). Great to see so many founders, investors and friends Frederick Kahn Kooick, Inc., Nicholas DeGiacomo Bucephalus Tech, Sam Wils Al Sambar Pano Anthos Diana Melencio Nicole Clay Anne-Marie Kaluz, CFA Herman Goihman Red Bike Capital Sam Amrani pass_by Yael Kochman buywith Claire Chang Joshua Rockoff Jeremy Baker ,Tessa Battistin Shopify, Kathleen Loftus Katie Maher Liron Winberg-Retzkin Sofie Jaffe Jennifer Kim The DealmakeHers NJ Falk Jill Granoff Mary van Praag Amy Shecter Janie Yu Alice Kim Romitha Mally