Mozenda

Congratulations to the teams at Mozenda, Engage3 powered by Dexi, and dexi.io on this great recognition!

Celebrating our amazing team members on their work anniversaries!????? Your dedication and hard work fuel our progress every day. We’re grateful for each of you and the exceptional contributions you bring to the team!?? Join us in celebrating their milestones! #Engage3 #RetailTech #StrongerTogether #WorkAnniversary

?? What an incredible experience at the 2024 Innovation Institute for Food & Health, UC Davis Partner Summit!??? A huge thank you to the Innovation Institute for Food & Health and all of our amazing partners across the ecosystem for an inspiring and impactful conference focused on the future of food and health. The summit convened diverse stakeholders from across the food system with a shared vision: making the food we love healthier for both people and the planet. Through cutting-edge research, innovative business strategies, and collaboration, we’re addressing critical issues and forming strategic partnerships to drive meaningful global change. Our vision is that health will become personalized and that retailers and brands will need to be at the tip of the spear of creating compelling yet profitable personalized offers to help their shoppers meet their health and budget objectives. We're proud to be working across so many thought leaders to catalyze that future. We are excited to continue building these vital connections and advancing innovation in food and health! #IIFHSummit #FoodAndHealth #Innovation #Partnerships #GlobalImpact #Sustainability

Key stats from WalletHub's Early Holiday Shopping Survey of American shoppers: Leftovers From Last Year:?46% of Americans are still paying off debt from last holiday season. Early Shoppers:?47% of people say they usually start shopping for the holidays in October or earlier. Motivations for Starting Early:?Lower prices (38%) and more time to enjoy the holidays (31%) are the two biggest motivators for people starting their holiday shopping early. Holiday Budgets:?More than 9 in 10 Americans have a holiday budget. Debt-Avoidance Strategies:?42% of people use strict budgeting as a strategy for avoiding holiday debt, while 22% spread out their purchases over several months, and 21% use only cash or debit cards. Untrustworthy Google Results:?More than 1 in 3 people don’t trust Google to show the best holiday deals at the top of their search results. https://lnkd.in/ema9wytW

It was a great experience to hold a booth for Engage3 powered by Dexi as a proud partner of the Innovation Institute for Food & Health, UC Davis at the 2024 Partner Summit. While other booths offered delicious, tech-powered treats, we offered a different kind of "sweetness": the power of AI personalized pricing for shopping choices that are aligned with shopper values like health. Chronic diseases are rising, and healthcare spending is skyrocketing. (US alone: $3.1 trillion/year!) What if pricing influenced shoppers to choose nutritious options, aligned with their health goals? By integrating product attributes aligned with shopper health goals into our price optimization function and redefining Price Image, we are pioneering a "Food As Medicine" approach for retailers. Our vision is a "Shopper Value Equation" where price reflects not only quality and service but also shopper values and nutritional benefits. This fosters a competitive landscape that encourages retailers to offer healthier options. Imagine shopping with an AI "agent" that guides you towards healthy, budget-friendly choices based on your preferences. This is the future we're building at Engage3. It was so wonderful to close the exhibition by connecting with Engage3's leaders and Investors, Tim Ouimet, Edris Bemanian, Christopher Lai, and Tom Andriola, and exchange some amazing ideas about the future of retail! To learn more about our vision, check out this insightful article by Engage3 co-founder Tim Ouimet on the future of AI-based shopping agents:?https://lnkd.in/gVh2hj9r #FoodAsMedicine #PersonalizedPricing #PriceImage #RetailInnovation #HealthierChoices?

The Innovation Institute for Food & Health, UC Davis continues to level up every year. The Partner Summit continues to exceed expectations. Yesterday, Abigail Stevenson (Mars) kicked things off with a call to action: "We are the first generation that can't say 'we didn't know' about health, social, and environmental challenges. As long as I've been in the Davis ecosystem, it was my first time learning that Mars has 2 of their 5 science centers located here. Justin Siegel introduced the ecosystem and the power of uncommon connections and collaboration. We (Engage3 powered by Dexi) are proud to be a part of this ecosystem alongside innovative company's such as Digestiva, PIPA - Process Integration & Predictive Analytics, Rivalz?, The March Group, and many more (see photo). Session 1: 'Transformational Innovation in the Food Industry: What has changed since 2015?' brought together Kim Fisher, Harold Schmitz, Rao Unnava, and Justin Siegel, who covered a large range of topics including the Periodic Table of Food initiative, which will help us answer questions like "What are we actually eating? What are the nutritional gaps?" Other topics included the role of the CEO in Innovation and resource allocation that I'll admit were eye opening. Session 2: 'Harnessing the Potential of GLP-1 Transforming Marketplaces' included a keynote by Christian Brix Tillegreen of the BioInnovation Institute at the Novo Nordisk Foundation, who shared insights and data re: the rise of GLP-1 and its ripple effects on the food and health industries. The panelists (Harold, Heather Leidy of The University of Texas at Austin, John Melo of Digestiva, and Victor E. Friedberg of New Epoch Capital) discussed topics such as: - How do we minimize muscle loss? - If the goal is to preserve as much muscle mass as possible, what behavioral changes need to accompany products like GLP-1? - How much protein should you have per occasion? This varies from person to person, so how do we personalize? - Behavioral strategy should account for (1) Diet Quality; (2) Life Stage Transitions; (3) Quality; (4) Timing; (5) Synergies; (6) Quantity "The data shows that 50% of consumers with obesity get off of [GLP-1]. This is why we need a behavioral strategy." To those that made it this far: thanks for reading. Check out the link below to learn more about the institute and the event. https://lnkd.in/ecUKeFpu CC: Tim Ouimet, Christopher Lai, Tawny Scanlan, Tom Andriola, Sahar Pirmoradian, Marissa Pickard

"Loop Neighborhood Market is teaming up with Engage3, powered by Dexi, to enhance the execution of its fuel pricing strategy using Engage3's Price Image Management data..." - Convenience Store News https://lnkd.in/gTd2BVxV

Thank you, CStore Decisions, for covering our latest announcement about our new partnership with Varish G.'s team at Loop Neighborhood “Our partnership with Engage3 enables us to harness the power of real-time data and advanced price intelligence to better serve our customers,” said Varish Goyal, CEO of Loop Neighborhood Market. https://lnkd.in/gKj22YuB

We're incredibly proud today to share our new partnership with all-in-one convenience store and marketplace innovator, Loop Neighborhood “As we continue to innovate and redefine the convenience retail experience, it’s essential that we stay ahead of the curve when it comes to competitive pricing,” said Varish G., CEO of Loop Neighborhood Market. “Our partnership with Engage3 enables us to harness the power of real-time data and advanced price intelligence to better serve our customers. By aligning our pricing strategy with their expectations, we can not only maintain our commitment to offering fresh, high-quality products but also strengthen the trust and loyalty we’ve built over the years. This collaboration is a key step in ensuring that Loop remains a leader in both value and customer experience.” Article link in the comments! #competitiveintelligence #priceoptimization #priceimage #conveniencenews #pricingstrategy #competitivedata

Delve deeper into pricing strategies and retail dynamics with PART 2 of our latest #InnovationTable interview! ?? In this continuation of our insightful discussion, Engage3 CEO Edris Bemanian and pricing expert Wes Woolbright, MBA, explore the impact of inflation on consumer loyalty, the evolving role of loyalty programs, and how different retail models navigate economic challenges. Packed with even more wisdom, this conversation uncovers how high-low retailers, value players, and omnichannel strategies are adapting to shifting consumer behaviors. Don’t miss these actionable insights! ?? https://lnkd.in/genXcW7P #RetailStrategy #Ecommerce #PricingExpertise #Omnichannel #CustomerLoyalty