Groceryshop tech to watch bulletin#1: A lot being discussed at Groceryshop regarding in-store tech, and not just in the supply chain / inventory / fulfillment space but front of house, in-store experience. For me, the grocery shop has changed little since the days of Piggly Wiggly (and that was 1916!) with of course the exception of online shopping. But I wonder if all that is about to change? With that in mind, I'm focusing on the tech at Groceryshop which could transform our grocery shopping habits. Beginning with Instacart. I've encountered Instacart on several occasions before and always wondered how the shopping trolley would fare being dumped in a ditch? (maybe that doesn't happen in the US but it sure does in the UK!). But for some reason, this time around, it has caught my eye. Because at Groceryshop, Instacart unveiled its latest generation Caper Cart, including three new capabilities: * Gamification through in-store “quests” * Location-based coupons * New advertising options, including “aisle-aware” opportunities As reported by Groceryshop's Ben Miller: "All speak to the confluence of three major trends in grocery retailing; driving volume through next generation demand creation, digitizing the physical grocery store, and the development of Retail Media" Instacart said it will be rolling out these new capabilities to retailer partners Schnucks and Wakefern Food Corp., and is working with CPG brands PepsiCo and General Mills, at launch. Now, I find the prospect of gamifying the weekly grocery shop rather intriguing, not to say exciting. Of course, the new Caper cart is the physical manifestation of what is essentially a software development company, but is perhaps the thing that attracts the most interest, together with their Connected Store proposition. Definitely one to watch. Full details in the release 👇 https://lnkd.in/ed8sJrRN
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"What’s exciting for CPGs is the ability—one to tap into an engaged customer when they’re in front of the screen as they’re shopping in the store and making decisions on what to put in their cart based on what’s on that screen. Second, CPGs are excited to really take the measurability of online into the store. CPGs love the measurability and the personalization of Instacart’s online ads offering and with Caper Carts, we’re really connecting the two together and bringing it into the store. Third, CPGs are excited about the fact that they can tap into new ways of making the advertising even more compelling to customers, in terms of leveraging not just what’s in your cart, not just what’s on your shopping list, but where you are actually in the store, to make these really relevant to consumers." David McIntosh, VP and GM of Connected Stores at Instacart, during his most recent interview with Retail Brew on the opportunity for smart shopping carts in the European market. Check out the full story below ⤵ https://lnkd.in/gp2-5i4M #ai #smartcart #grocery #europe
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ChaChing® Digital Shopping platform partners with leading media and performance agencies https://ift.tt/7sC1MfP New shopping app provides route for brands to generate cost effective online orders whilst rewarding consumers with market leading financial incentive ChaChing® a digital shopping platform designed to give brands and consumers a fairer way to buy and sell online, has secured the backing of leading media agencies and performance agencies including Havas, EssenceMediaCom, Vagabond and the Push Group. ChaChing® puts brands and retailers back in control over their advertising spend per sale by allowing the merchant to choose their cost per order. In return, the vast majority of that cost is immediately passed back to the consumer in the form of ChaChing® ‘Payback’. For consumers, the ChaChing® model saves them between 10% and 50% on all their online purchases, and the payback goes into the consumer’s ChaChing® wallet on the app which can then be transferred into their bank account immediately the transaction has cleared. Unlike existing online ecommerce models where around 30-40% of every order goes directly to big tech owners, ChaChing® allows merchants to set their CPO, providing greater flexibility and efficiency whilst rewarding consumers with an instant financial incentive that is unique and market leading. While ChaChing® continues to grow at pace, it has already won the support of major UK retailers and businesses including Debenhams, TM Lewin, Gym+Coffee with more brands and retailers joining daily. The platform seamlessly integrates with the major e-commerce platforms such as Shopify, meaning that any retailer can be running a campaign on ChaChing® in a matter of hours. Nick Lawson, Global CEO of EssenceMediacom said: “The ChaChing® app is an interesting proposition with a high proposed cashback mechanism that is very compelling. Consumers will really feel the benefit when prices are constantly rising and the fixed CPO approach means there is no risk to our ecommerce clients.” Tom James Lee, Founder at Vagabond , Agency of All Beauty said: “We love the concept behind ChaChing. Lots of clients are heavily reliant on Google, Meta and Amazon so ChaChing provides a much needed challenger that puts the customer first. The tech is great but, more importantly, the growth potential for clients is massive. The market had been crying out for a platform like this!” Charlie Carroll, Chief Innovation Officer at Push Group, said: “We love disruptive brands and ChaChing is one of them. As an agency it can be tough to sell a new platform or marketing channel to our e-commerce clients however Chaching has no risk and takes almost zero time and effort to implement. An absolute no-brainer for any retail brand to achieve more sales at a fixed CPO. Plus, unlike selling on Amazon, you can keep the customer data which will become far more important in a cookie reduced future!” Joel Williams, Chief Commercial Officer at ChaChing®, said: “...
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Live shopping events have an average conversion rate of 9 percent, surpassing rates seen in traditional e-commerce channels. Agora’s Joe Kwong explores this topic in a new article published by Total Retail. Read on to learn how marketplaces, brands and retailers can drive conversions and increase shopper loyalty in real time. 👉 https://lnkd.in/g9YPvMEp #Agora #liveshopping #retail #brands #eCommerce
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https://www.mytotalretail.com
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Morning all ☕ Is your mobile strategy ready for holiday shoppers!? With m-commerce taking off, Zeta Global's Melissa Tatoris shares ways brands can stand out—from dynamic pricing to mobile-exclusive promotions. 🎁✨ Ready to see how it’s done?
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Live shopping offers an opportunity to overcome eCommerce challenges to provide a more engaging and social shopping experience. Check out how PlantStory boosted sales and community, how brands and consumers benefit from live shopping, and how to implement a successful live shopping strategy.🛍️
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As live shopping gains popularity, it marks a pivotal shift in e-commerce, prompting marketplaces, brands, and platforms to expand their functionality to better engage customers in real time. Check out this article where Agora's Joe Kwong discusses the live shopping market and strategies for implementation in Total Retail ➡️
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https://advertisingweek.com
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#Instacart is shaking up the world of eCommerce and in-store shopping with its futuristic #Caper Carts, turning grocery runs from boring to downright brilliant! Forget the long checkout lines and mindless aisle wandering—this smart cart does all the heavy lifting. Just toss in your items, and it scans them, tracks your total, and lets you check out right there. No more standing around with melting ice cream! And it’s not just about speed—#Caper Carts make shopping fun and inclusive for everyone. Whether you're a kid zipping through the snack aisle, an elderly shopper enjoying a smooth ride, or someone with a disability, this cart turns everyone into a shopping pro. Smart suggestions, special deals, and an interactive touchscreen mean your trip is efficient andentertaining. #Instacart #CaperCarts #SmartShopping #GroceryGlowUp #NoLinesNoStress #ShopSmart #FutureOfShopping #InstaShoppingJoy #EveryoneIncluded #eCommerceRevolution
We’re thrilled to announce new Caper Cart capabilities, including gamified ‘quests’, located-based coupons, and an aisle-aware advertising offering that builds on the AI-powered smart cart’s ability to make grocery shopping more delightful and personalized. 🛒 Caper Carts are ushering in a new era at the grocery store turning grocery shopping from a chore into an exciting adventure, providing a unique and interactive experience in every aisle. Read more below! #Innovation #GroceryShopping #CaperCarts #RetailTech #Instacart
Instacart Launches New Gamified Capabilities Maximizing In-Store Rewards and Savings on Caper Carts
https://www.instacart.com/company
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This article outlines why ecommerce will never fully replace brick & mortar stores. Do you prefer in person or online shopping?
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social-www.forbes.com
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🛒💡📈 Walmart's Digital Transformation: Navigating the Path to Amazon-Like Success and Winning the Unified Commerce Battle Managing Partner Aron Bohlig shared his deep dive and thoughts on what sets Walmart apart competitively, in this article from International Business Times. 💡 Key Insights: - Unique Offerings: Walmart gains the proprietary inventory through its acquisition of VIZIO, enhancing its competitive edge akin to Amazon Prime. - Broad Advertising Reach: The acquisition turns Walmart into a multi-platform network, representing third-party advertising inventory in a new way that could be extensible across Roku and other platforms. - In-Store Superiority: Walmart's brick-and-mortar network gives it a distinct advantage over Amazon, amplifying its advertising effectiveness. #retail #ecommerce #walmart #amazon #digitaltransformation #businessstrategy #retailtech #advertising #unifiedcommerce #retailinnovation #markettrends #digitalmarketing #businessnews #ecommercegrowth #omnichannel #retailers #onlineshopping #brickandmortar #marketanalysis #investmentbanking Read the complete article here: https://lnkd.in/gK3A4yiG
Walmart Is Beginning To Look Like Amazon, Winning The War Of Unified Commerce
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Uncrowd CEO & Founder | Expert in Experience Analytics
2moAll smart cart initiatives are straight up stupid. Redundant tech created to solve problems that don't exist, with a single use case I'll get to in a moment. At its core is a truth; every new tech introduces friction debt. That is a price in pain that must be repaid in reward. I have to login? Well okay but only if I'm guaranteed free stuff and half an hour of my life back. No smart cart is able to get close to repaying it's friction debt. The one use case exception? China where gamification in shopping is commonplace, culturally significant and welcomed. That game you play each time you log into Temu? Not new, that's shopping in China. So yeah, take your smart cart to China, except that market is already way ahead of you, can undercut your pricing and your shitty recipe function is already beaten by the opiate of a cooking video game that involves singing artichokes, a murderous bottle of fish sauce and pays out in treasure and dopamine. Krunks Landing, Idaho ain't ready for it.