Announcements
Kahoona
Privacy Focused Data Generation Platform Kahoona Raises $4.5 Million Seed Round Led by Global Founders Capital
San Diego, CA, April 25th, 2022 - Kahoona Inc., a first-party data generation and activation technology for the open web aimed at creating a digital ecosystem that preserves user privacy, announced today that it has closed $4.5M in Series Seed financing led by Global Founders Capital (GFC), followed by deep tech-focused Cardumen Capital, Plug and Play and Fourth Realm. Leading angel investors from Amazon, IronSource, NBC Universal, Verizon, and SAP participated as well. “The tectonic privacy-related measures present opportunities for digital businesses to rethink their data strategy with the purpose of sustaining long-term growth while preserving users' privacy. We’re thrilled to be part of the Kahoona Team on their journey to disrupt the future of the internet,” says David Citron, Venture Partner at Global Founders Capital.
Apple’s IDFA changes followed by Google’s pledge to remove third-party cookies from Chrome caused turmoil in the online world, one that would force businesses to adapt or face financial losses. With a mission of promoting digital responsibility, Kahoona helps digital publishers, e-commerce merchants, and brands generate accurate, scalable, actionable, and privacy-preserving user data. “Using advanced AI models and deep behavioral insights, we were able to bridge the gap between users’ right for privacy and the ever-growing need for data by content providers and digital stores ”, says Gal Rapoport, Kahoona’s Co-founder and CEO. On average, 68% of visitors to a site are new users. Kahoona generates anonymized user profiles in real-time with the purpose of enabling personalization to solve the cold start problem and unlocking brand marketing dollars.
Capitalizing on the success with Israel’s top media outlets, Kahoona will allocate its seed capital to accelerating R&D efforts, growing its operations, and expanding its initial success to the US market. “Regulatory directives followed by big tech’s shift towards privacy have created much turmoil in the market, allowing us to bring innovative technology to multiple verticals,” says Ohad Tzur, Co-founder and COO.
Founded by Technion and MIT graduates, Gal Rapoport, Alon Ashkenasi, and Ohad Tzur, Kahoona’s leadership team had previously led product development and spearheaded sales and partnership organizations at Amazon, Intel, and Google. The company is currently hiring data scientists and developers to its R&D Center in Tel Aviv and Sales and Marketing positions in its US headquarters in San Diego, CA.
About Global Founders Capital
Global Founders Capital is a globally oriented, stage agnostic venture capital firm that empowers gifted entrepreneurs worldwide. Global - We support founders in all geographies. Stage agnostic - We back companies across all stages and throughout the lifecycle. Operational - Our platform offers founders all the support they need to scale.
About Cardumen Capital
Cardumen Capital is a VC management company with offices in Madrid and Tel Aviv. Chaired by Gil Gidron and founded by Igor de la Sota and Gonzalo Martínez de Azagra in 2018.
Cardumen Capital invests in high-tech companies in the Israeli market, a leader in innovation and applied technologies. The company has a team with a solid track record and more than a decade of experience investing in Israeli technology companies.
Its first fund closed with a volume of 60 million euros and had major strategic international corporate investors as well as insurance companies, pension funds, family offices, and private investors. In January 2022 they launched their second fund with the same strategy and geographical investment focus as the previous one.
About Kahoona Inc.
Kahoona, a first-party data generation and activation platform for the open web, anticipates the tectonic change towards a cookieless and identity-less digital ecosystem. Kahoona's solution helps digital businesses secure revenue and protect their users' privacy, in a walled-garden world. Our novel AI-driven solution generates user profiles by analyzing their interactions with websites and transforms insights into actionable audience segmentation data with the goal of increasing revenue and improving conversion KPIs via personalization.
Contact:
Kahoona PR Team
For more information, please contact:
Mr . Gal Rapoport
Co-Founder & CEO
galrapo@kahoona.io
+972 54-247-5477
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Tenovos
Tenovos Officially Launches Its Modern, Data-First Digital Asset Management Platform in Europe
New York – June 2022 – Tenovos, a provider of intuitive, data-first digital asset management (DAM) software, has officially launched its enterprise DAM platform in Europe.
At only three years old, Tenovos already works with leading enterprise brands in the retail, CPG, and media & entertainment industries, and was named a ‘strong performer' in Forrester’s 2022 Wave report.
Mark Finch, VP & GM Europe, will lead European operations with plans to help companies modernize their approach to DAM. As a cloud-native platform, Tenovos leverages leading-edge technologies to boost creative team productivity and asset performance by integrating with enterprise tech stacks and providing important content data from various marketing, sales, and partner channels.
Learn more at www.tenovos.com.
For more information, please contact:
Ms. Alyana Ladha
Growth Marketing Manager
+1 6479949443
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Limelight
Limelight acquires Yahoo’s Edgecast and rebrands to Edgio
SCOTTSDALE, Ariz. and NEW YORK, March 7, 2022 – Limelight Networks, Inc. (Nasdaq: LLNW) (“Limelight”), a leading provider of edge enabled web applications and content delivery solutions, today announced that it has entered into a definitive agreement to acquire Yahoo’s Edgecast, Inc. (“Edgecast”), a leading provider of edge security, content delivery, and video services, in an all-stock transaction. The transaction values Edgecast at approximately $300 million, or about 1x 2021 revenue. Edgecast is a business unit of Yahoo, which is owned by funds managed by affiliates of Apollo (NYSE:APO) (the “Apollo Funds”) and Verizon Communications (NYSE: VZ). Yahoo will receive approximately 72.2 million shares of Limelight common stock, subject to customary closing adjustments, and will own approximately 31.9% of the combined company at closing.
The combination will create a globally scaled, edge-enabled software solutions provider with pro format 2021 revenue of more than $500 million across cloud security and web applications, content delivery, and edge video platform. In anticipation of the transaction, Limelight will rebrand as Edgio, with the combined company continuing to operate as Edgio following close. With a global scale, a leading distributed edge platform and an increased focus on security and connectivity, Edgio will be a leading solutions provider of choice for outcome-oriented businesses and clients looking to deliver a fast, secure and frictionless digital experience to end-users. Compelling Strategic Rationale and Financial Benefits
● Expands Scale and Strengthens Platform to Better Deliver Blue-Chip Customer Performance, Productivity and Protection Through Edge Computing Solutions: The combined company will be a leading global, edge enabled solutions provider with a global network capacity of more than 200 Tbps and more than 300 PoPs coupled with natively integrated cloud security, edge video platform, and web applications to power the next generation of customer needs. Limelight and Edgecast’s current combined, the diversified customer base includes Fortune 100 clients, as well as some of the world’s leading technology companies, streaming services, and most visited websites, including Amazon, Coach, Disney, First Republic Bank, HBO Max, Hulu, Yahoo, British Telecom, Verizon, Microsoft, Peacock, Sony, TikTok, and Twitter.
● Accelerates Penetration of High Growth $40 Billion Total Addressable Market (TAM): The transaction is expected to accelerate Limelight’s ability to serve its total addressable market of approximately $40 billion, through expanded capabilities, portfolio targets, and new opportunities across OTT video, cloud security, and enterprise secure access, in addition to existing content delivery and web applications solutions.
● Diversifies Revenue Mix and Strengthens Financial Profile: On a combined basis, the two companies generated $502 million in revenue in 2021. Edgecast generated $285 million in revenue in 2021, of which approximately 97% was recurring revenue from a highly complementary customer base with little Limelight overlap and nearly half coming from high growth, high-margin products. The combination is expected to more than double Limelight’s annual revenue, expand gross margin, increase recurring revenue growth and further diversify revenue among key clients.
● Creates Robust $100 Million Web Applications Solution with Expanded Security Capabilities: Edgecast’s multi-layered cloud security platform will significantly enhance the scale of Limelight’s web applications division with projected revenue of more than $100 million. These solutions will provide a holistic cloud platform for web apps and APIs that increase the performance of digital assets, accelerate application usage, provide robust protection and enhance developer productivity and capability.
● Substantial and Immediately Accretive Cost Synergy Opportunities: The transaction price of $300 million implies an acquisition multiple of approximately 1x Edgecast’s 2021 revenue. The combined company expects annual run-rate cost synergies of $50 million including approximately $30-35 million from reduced colocation and internet peering expense, and approximately $15-20 million of operating expense savings. Based on the expected revenue and expense synergies, Limelight has established a long-term strategic target with a revenue growth rate of 20-25%, a gross margin of 60%+, and an adjusted EBITDA margin of 15-20%.
● Adds Support from Apollo to Position for Growth: With support from the Apollo Funds, and alignment with all shareholders, the combined company will be positioned to unlock significant growth opportunities in an attractive sector and capitalize on market trends. The all-stock nature of the deal represents a strong belief by Apollo in the combined company’s go-forward strategy and future as a global leader in edge-enabled software solutions.
“By uniting Limelight and Edgecast, we are building a powerful application, content, and video edge enabled solutions company that delivers improved customer performance, productivity, and security for the outcome buyer,” said Bob Lyons, Chief Executive Officer of Limelight. “Together we have a strong value proposition to serve the fast-growing, yet fragmented edge solutions market, and our combined capabilities will accelerate our ability to capture more share of this high growth $40 billion total TAM. In six short months, we have taken our TAM from $12 billion to $40 billion, and with the acquisition of Edgecast, we are further accelerating and solidifying our ability to be recognized as a leader in edge software solutions for the outcome buyer.”
"At Yahoo, we are focused on driving value creation for our business and customers," said Jim Lanzone, CEO of Yahoo. "By spinning off Edgecast to merge with Limelight, the new company will immediately become the leader in the massive and growing edge solutions market. I am confident in the value and strength of this combined company, and the growth it will drive for Yahoo, Edgio, and Apollo.” With a significant equity investment in the combined company from its existing ownership of Yahoo, the Apollo Funds are committed to supporting the growth strategy and innovative vision for the combined company. In addition, the all-stock nature of the proposed transaction reflects the Apollo Funds’ confidence in continued momentum in the edge enabled technology revolution and support of the vision for the combined company to become an edge computing leader with a scaled solutions platform, deeply experienced management team and commitment to delivering performance, connectivity and security to clients and end-users globally. “Ever-increasing consumer demand for faster performance, enhanced security and higher-quality digital content has fundamentally changed how and where companies deliver value online to end-users,” said Apollo Partner Reed Rayman, who will join the combined company’s Board of Directors. “As the market continues to rapidly evolve and expand, the combination of Limelight and Edgecast will have greater strength and scale to capitalize on these trends and better serve its clients. We believe this is a transformative transaction and are thrilled to back this management team as shareholders and board members to support Edgio in its exciting next phase.”
For more information, please contact:
Ms. Jaicee Matthews
Head of EMEA Demand Generation
+44 (0) 7450488162
Miret d.o.o.
MIRET just raised a pre-series A round investment of 643K EUR from Funderbeam syndicate and Fil Rouge Capital.
Revieve
Duolab Partners With Revieve To Deliver Customisable Skin Care Through The Power Of AI
The partnership merges Duolab’s cutting-edge technology and Revieve’s hyper-personalised digital skincare experiences
Helsinki & Geneva, June 8 – Duolab, an innovative start-up brand developed by the L’OCCITANE Group, announced today the launch of its Online Skin Diagnosis tool, developed in partnership with Revieve, a personalised digital brand experience company working with global brands including retailers and digital service providers in the beauty, skin, health, and wellness categories.
DUOLAB’s next-generation beauty system, includes a countertop Lab Device that is able to blend 20 different face care formulations through an assortment of ‘mix-and-match’ Duo Capsules. DUOLAB’s flexible routines can adapt to the skin’s changing daily needs with personalised serums and moisturisers that are rich in natural active ingredients, preservative-free and freshly blended on-demand. As part of its newly designed and upgraded website, DUOLAB partnered with Revieve to add a personalised digital skin analysis as step one to help consumers find the correct product formulations for their needs.
“Adapting and tailoring a flexible skincare routine for each individual person is what DUOLAB is all about,” says Alain Harfouche, Managing Director of DUOLAB, “so of course the most important first step is to identify the customer’s personal needs: their skin type, their goals, their lifestyle and their preferences. By working with Revieve we are able to combine consumers’ own observations with smart AI technology that analyses multiple aspects of their skin and recommends a tailored ‘prescription’ to deliver on their needs.”
The partnership connects Duolab to the Revieve Health-Beauty-Wellness Platform and Revieve's AI Skincare Advisor, which leverages Revieve's proprietary computer vision technology that measures more than 120 skin metrics to provide users with an in-depth analysis of their skin.
First-time customers begin with an online skin diagnosis on Duolab's website, powered by Revieve. Users answer questions about their skin concerns and personal needs, they input their geographical location and upload a selfie image. After analysis, the tool recommends a tailored ‘prescription’ of capsule combinations to answer the customer’s needs. Later in the year, Duolab will add a “Skin Coach” module that will help consumers track their progress over time and tweak their routines as needed.
"Personalised and customised skincare is no longer just an option for customers; it's the norm," says Sampo Parkkinen, CEO of Revieve. "The future will be about coaching customers about their skin and helping them achieve the best skin of their life and the confidence that comes with it. We are honoured to partner with Duolab to create inclusive and intimate customer experiences and guide users towards achieving their skincare goals by helping them become experts on their skin.”
About Revieve
Revieve is the preferred provider to brands and retailers across five continents for delivering a digitally-driven, personalised brand experience, leveraging state-of-the-art AI/AR technology. Working with our partners, Revieve has transformed the customer-experience for skin care and colour cosmetics through its proprietary technology, the Revieve Health-Beauty-Wellness Platform.
With easy-to-use self-diagnostic modules that personalise search, product discovery and shopping experiences, Revieve’s digital beauty platform delivers consumers targeted products, services and treatments. Encompassing all facets of the health, beauty and wellness industry, Revieve’s trusted powered-by modules include the AI Skincare Advisor, AI Makeup Advisor, AI Suncare Advisor and AI Nutrition Advisor. The Revieve platform seamlessly integrates personalised shopping solutions, in-person and live-video consultations with health and beauty advisors, driving tangible business value by increasing consumer engagement, conversion and basket size across all digital in-store and online brand touchpoint.
About DUOLAB
Launched in early 2020, DUOLAB offers consumers game-changing technology that creates personalised single dose moisturisers and serums at home. With “mix & match” capsule combinations, DUOLAB’s device can create up to 20 different formulas, freshly emulsified and ‘activated’ moments before application. The targeted formulas are 100% preservative free, packed with natural active ingredients and heated to skin temperature (37-42°C) to enhance absorption and add a sensorial aspect. The airtight capsules and contactless device technology also means the formulas are kept sterile throughout the process and with no cleaning required after use.
DUOLAB offers a free recycling program for all its used capsules and packaging with free return envelopes included in each order and a recycling partnership with Terracycle©.
DUOLAB can be purchased via its newly relaunched e-commerce platforms, currently available across three European markets: uk.duolab.com, ch.duolab.com and fr.duolab.com as well as selected retail locations, which can be found online.
For more information:
Revieve
EMEA and APAC: Kim Oguilve, kim@revieve.com and Vitalia Vasilkova, vitalia@revieve.com
US: Cynthia Patoni, cynthia@apccollective.com
France: Camille Dor, camille@apccollective.com
LATAM: margarita@nasci.com.mx
Japan: Yusuke Mori, yusuke@revieve.com
Duolab
UK: Shimon Kalichman, Shimon.KALICHMAN@loccitane.com
Europe: Elsa Gleise, elsa.GLEISE@loccitane.com
For more information, please contact:
Ms . Kim Oguilve
Communications Lead
kim@revieve.com
+358-45-105-7874
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Mercaux
Next-Generation Composable Leaders Mercaux and Commercetools Announce Partnership to Facilitate True Omnichannel Experiences through Universal Baskets
Next-Generation Composable Leaders Mercaux and Commercetools Announce Partnership to Facilitate True Omnichannel Experiences through Universal Baskets
* Leaders in online and offline composable retail technology announce partnership to launch Universal Baskets to the retail community
* Through the partnership, customers will be able to create a Universal Basket in one channel (e.g., within the store) and access it in another (e.g., though e-com), giving complete fluidity to the customer’s multi-touch omnichannel journey
* Delivering a frictionless shopping experience is an aspiration of many retailers - Universal Baskets are here to support this, be it in-store, online or omnichannel
LONDON, 7th June, 2022: Mercaux, The Next Generation In-Store Experience, Universal Basket & Checkout Platform, today announced a partnership with Commercetools, the world's leading commerce platform. The partnership is being formed around the principle of being able to create, take and checkout Universal Baskets - Baskets that can be created in one online or offline channel, saved to a customer’s digital profile and accessed in another online or offline channel to continue shopping, before checking out using any payment method.
This fluidity of basket transfer and checkout is made possible by both companies facilitating decomposed architectures, making integration for new customers quick and easy through API-connectors. This fusion of the online and offline worlds finally empowers retailers to offer a true omnichannel experience to provide customers complete flexibility in their chosen path-to-purchase.
The announcement comes shortly after Mercaux’s acceptance into the MACH Alliance - an independent organisation on a mission to future-proof enterprise technology and to propel current and future digital experiences with open and connected enterprise tech, of which Commercetools is a founding member (MACH standing for Microservice-based, API-first, Cloud-native and Headless).
Not only will customers experience a frictionless omnichannel shopping experience, but the Universal Basket also allows retailers to analyse attribution models throughout the full path-to-purchase, from the creation of a wish list or basket, to the accessing of this in subsequent online and in-store visits, right the way through to the eventual checkout. Retailers will be able to assess performance of online and in-store teams in a single purchase to help inform future omnichannel strategies.
Christopher Holley, Global Director, ISV Partnerships at commercetools shared his thoughts on the partnership: “It is fantastic to find a partner with a similar ethos to our own who is creatively blending the instore and online checkout experience. Mercaux’s mission to bring agile and flexible solutions to the market that retailers can deploy quickly and easily to react to changing customer demands and new service models greatly aligns with our thinking at Commercetools. Through this partnership, Commercetools and Mercaux will leverage their expertise in providing exemplary retail experiences, and focus on bringing the best of digital in-store, and vice versa.”
On the decision to work together, Mercaux Co-Founder and CEO Olga Kotsur commented: “We are excited to be working closely with a fellow composable leader in the retail space. Our joint principles provide the right backdrop for the launch of Universal Baskets, bringing a much-needed opportunity for greater customer journey transparency to retailers, and an improved shopping experience to customers.”
END
About Mercaux
Mercaux is a Next Generation In-Store Experience, Universal Basket and Checkout Platform.
The Experience layer redefines how customers interact with the physical store, through assisted selling and self-service solutions. Universal Baskets are created from these solutions that follow the customer wherever they continue their omnichannel experience. Next-Gen Checkout allows customers to complete the transaction anywhere, using any payment.Mercaux is a member of the MACH Alliance where a thorough business and technical due diligence of Mercaux’s platform to ensure that MACH philosophies, principles and architectures are adhered to.
When clients adopt digital tools in their stores, they typically go live in 2-4 weeks with the initial solutions and see an increase in conversion, loyalty and units per transaction (UPT). On average they experience a sales uplift of 8% and 5x+ ROI.
More information at mercaux.com
Mercaux is a Next Generation In-Store Experience, Universal Basket and Checkout Platform.
The Experience layer redefines how customers interact with the physical store, through assisted selling and self-service solutions. Universal Baskets are created from these solutions that follow the customer wherever they continue their omnichannel experience. Next-Gen Checkout allows customers to complete the transaction anywhere, using any payment.Mercaux is a member of the MACH Alliance where a thorough business and technical due diligence of Mercaux’s platform to ensure that MACH philosophies, principles and architectures are adhered to.
When clients adopt digital tools in their stores, they typically go live in 2-4 weeks with the initial solutions and see an increase in conversion, loyalty and units per transaction (UPT). On average they experience a sales uplift of 8% and 5x+ ROI.
More information at mercaux.com
About commercetools
commercetools is the world’s leading platform for next-generation B2C and B2B commerce. To break the market out of being restrained by legacy suites, commercetools invented a headless, API-first, multi-tenant SaaS commerce platform that is cloud-native and uses flexible microservices. Using modern development building blocks in a true cloud platform provided by commercetools, customers can deliver the best commerce experiences across every touchpoint on a large scale.
commercetools has offices across the US, Europe, and Asia Pacific, with headquarters in Germany. Since 2010, commercetools software has been implemented by Fortune 500 companies across industries, from retail to manufacturing and from telecommunications to fashion.
More information at commercetools.com.
commercetools is the world’s leading platform for next-generation B2C and B2B commerce. To break the market out of being restrained by legacy suites, commercetools invented a headless, API-first, multi-tenant SaaS commerce platform that is cloud-native and uses flexible microservices. Using modern development building blocks in a true cloud platform provided by commercetools, customers can deliver the best commerce experiences across every touchpoint on a large scale.
commercetools has offices across the US, Europe, and Asia Pacific, with headquarters in Germany. Since 2010, commercetools software has been implemented by Fortune 500 companies across industries, from retail to manufacturing and from telecommunications to fashion.
More information at commercetools.com.
For more information, please contact:
Mr. David Miller
CMO
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Channable
Introducing the Zalando marketplace integration with Channable!
Being on the channels where your customers are actually shopping for products has never been more important. With our new Zalando marketplace integration, you can now easily connect your Channable account to Europe's biggest-selling platform for fashion and unlock new features that help you drive sales.
With our newest marketplace integration, we’re empowering you to level up your marketing efforts by instantly optimizing and synchronizing your product catalogs to automatically list your products on Zalando with as little manual work as possible.
We’ve rounded up all the benefits for you:
- Seamless API integration: Connect directly to a marketplace and send your product data and any updates in real-time to the platform.
- Marketplace management: Optimize, enrich and manage your product data in a centralized way for all marketplaces
- Order connection: Effortlessly sync your order data between Zalando and your webshop.
For more information, please contact:
Ms. Rebecca Twohey
Marketing Manager
+0639464875
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Emperia
Tokens.com Partners with Virtual Reality Pioneer, Emperia, to Offer Virtual Storefronts to Fashion Brands
TORONTO, ONTARIO, June 07, 2022 - Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has entered a partnership agreement with virtual reality company, Emperia, to collaborate on creating virtual reality experiences in virtual storefronts for fashion brands in the Metaverse.
The partnership aims to build one-of-a-kind virtual reality experiences in virtual storefronts that communicate the brand narrative through interactive, immersive virtual experiences. The goal is to provide fashion and art retailers with a frictionless, guided process for establishing a retail store in the Metaverse. The collaboration will leverage Metaverse Group’s diverse portfolio of virtual real estate across several Metaverses. Emperia will offer its virtual reality technology, to develop virtual stores extending retailers’ physical presence and brand value into the Metaverse.
“The analysis from Metaverse Fashion Week, showed our tenant's store hosting users for an average of 27 minutes truly connecting store guests to the brand,” said Lorne Sugarman, CEO of Metaverse Group. “Partnering with Emperia and offering a new virtual reality immersive experience will allow for brands to connect with current and new customers on a new level. This partnership is a step in the right direction to advance our service offerings in the Metaverse and continue to be a one-stop-shop for all things Metaverse.”
Emperia has built out virtual reality stores for various luxury brands both in and out of the fashion industry. This partnership comes at the heels of Emperia launching a new, first-of-its-kind SaaS solution, that provides fashion brands and retailers full creative control over product placement and space decor in their virtual stores.
“Emperia is a strong believer that the Metaverse will transform the retail industry as we know it by providing an interactive and engaging experience for consumers, creating a stronger relationship between the brand and their customers,” says Olga Dogadkina, co-founder and Chief Executive Officer at Emperia. “We view the new partnership with Metaverse Group as an exciting opportunity for both companies to extend the limits of the Metaverse, given the impressive size of their virtual real-estate portfolio, one that offers retailers choices and the ability to diversify their virtual presence. Moreover, the substantial data we’ve acquired through our virtual stores brings development expertise which will benefit this partnership and advance retailers in their new journey to the Metaverse.”
About Tokens.com
Tokens.com Corp is a publicly-traded Web3 company that owns and invests in an inventory of Metaverse, NFT, DeFi, and gaming-based digital assets. Tokens.com’s focus is to invest in and build Web3 businesses through its primary entity and subsidiaries. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue-generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.
Visit Tokens.com to learn more.
Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.
Tokens.com Corp.
Andrew Kiguel, CEO
Telephone: +1-647-578-7490
Email: contact@tokens.com
Jennifer Karkula, Head of Communications
Email: contact@tokens.com
Media Contact: Ali Clarke – Talk Shop Media
Email: ali@talkshopmedia.com
About Metaverse Group
The Metaverse Group is a vertically integrated NFT-based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight-figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly-traded company, is the majority owner of Metaverse Group.
For further information please visit https://metaversegroup.com.
About Emperia
Emperia leverages virtual reality technology for the premium fashion and art sectors, providing a realistic virtual experience to consumers, one that communicates a brand narrative that is tailored for the unique environment of the virtual world. Virtual stores can be extended into the metaverse, further providing brands and their customers with branding cohesion and a seamless transition, from physical to virtual. Emperia’s selected clients include leading brands such as Dior, Burberry, Christie’s, Getty Images, and others.
London-based, Emperia is the winner of the Plug and Play Brand & Retail Start-up Award and is a British Fashion Council Patron.
For more information, visit emperiavr.com.
This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs, and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks, and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
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Northfork
Swedish startup Kavall, the first ultra-fast grocery delivery service in Northern Europe, partners with recipe provider Northfork to offer meal kits on-demand. A first-of-its-kind dinner service, tailored for urban consumers' hectic lifestyles, where flexibility is essential. The service is now available in Sweden, with Finland and Norway to follow. Northfork currently powers grocery shopping with recipes for Ahold, Walmart, Coop, Foodstuffs, NBCU, and Buzzfeed.
For more information, please contact:
Mr. Erik Wallin
founder & CEO
+46708338897
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Dressipi
Dressipi Collaborates with RecSys
Dressipi is excited to announce that as recognised leaders in fashion AI, we have been chosen as the industry partner for the prestigious RecSys challenge.
RecSys is the premier international forum for the presentation of new research results, systems, and techniques in the field of recommender systems.
Annual challenges are run and in the last few years, leaders in their fields Twitter (2020/21), Trivago (2019), and Spotify (2018) collaborated with RecSys for the challenges specific to their domains.
This year’s challenge focuses on fashion recommendations. Participants will be responding to the question: ‘When given user sessions, purchase data and content data about items, can you accurately predict which fashion item will be bought at the end of the session?’. Nuances in the fashion domain make it notoriously hard to predict as a fashion AI specialist, Dressipi is at the forefront of solving these fashion-specific challenges.
Discover more about the challenge here https://dressipi.com/blog/dressipi-collaborates-with-recsys/
For more information, please contact:
Ms. Georgina Fisher
Marketing Manager
+44 7778899060
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Orckestra
Orckestra and Logic form a partnership to extend market reach.
A new collaboration to enable the most engaging digital shopping experiences across all channels including mobile, the web, and in-store.
Orckestra, offering a cloud platform that unifies commerce, and intelligently connects online and in-store shopping, is proud to announce a partnership with Logic Information Systems Inc., a global leader in retail consulting. Moving forward, Logic will become a channel partner by offering mdf commerce's Orckestra solutions to its retail clients, amplifying mdf commerce sales capacities and ability to scale. This partnership is in line with mdf commerce's goal of accelerated growth, which is a central element of its strategic plan.
The partnership will allow Logic to use Orckestra to expand their offering to omnichannel e-commerce, unified product management, order management, and fulfillment solutions to help their clients overcome the challenges of digital retail.
The partnership extends mdf commerce's market reach and customer alignment. Logic will contribute to the development and integration of mdf commerce's e-commerce solutions to help position Orckestra as the optimal omnichannel digital platform for retailers with multiple brands across various markets, such as Aldi and Bestseller.
For more information, please contact:
Ms. Valerie Bishop
Marketing Manager
+1 514-691-0153
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Mercaux
Mercaux joins the MACH Alliance
Mercaux, the Next Generation Composable In-Store Experience, Universal Basket, and Checkout Platform, was today announced as the newest member to join the MACH Alliance, an independent organisation on a mission to future-proof enterprise technology and propel current and future digital experiences with open and connected enterprise tech. The acceptance of Mercaux into the alliance was completed after a thorough business and technical due diligence of Mercaux’s platform to ensure that MACH philosophies, principles, and architectures were adhered to.
* MACH (Microservices based, API-first, Cloud-native SaaS and Headless) Alliance is a trusted, independent business and tech advisor to help identify vendors & integrators that embrace MACH philosophies and offer MACH-certified services
* MACH members champion a software ecosystem that provides a flexible, truly open, and future-proof architecture
* By using legacy monolithic technology platforms organisations run the risk of locking themselves into a set of limited capabilities that are pending upgrades in the next release or in the backlog of a roadmap
When it comes to legacy monolithic technologies, retailers have traditionally come to expect long integration and onboarding periods, a large hardware footprint, high cost of ownership, and lengthy upgrade and release cycles. With customer expectations changing quickly, retailers have found it hard to respond to new service models in a timely manner. By the time the functionality is eventually implemented, it is already out of date. Acting slowly to changing customer demands no longer seems a viable option.
Having API-first composable architectures allows retailers to be fluid and flexible in their approach by introducing new functionality at incredible speed.
Speaking of the announcement, Olga Kotsur, Co-founder & CEO of Mercaux, commented, “We are delighted to be joining the MACH Alliance and have a shared vision for delivering a connected and frictionless retail experience for the customer. Unlike other in-store technology providers, we have always championed MACH principles in every solution we bring to the market for the agility, flexibility, and speed it gives to retailers. We very much look forward to working with the other members of the MACH Alliance in our joint mission to future-proof retail for the ever-changing demands of the customer, today and always.”
Sonja Keerl, President of the MACH Alliance commented, “We are delighted to be welcoming Mercaux to the Alliance. As the lines between online and offline become increasingly blurred for the consumer, we are excited to have Mercaux’s in-store decomposed platform join the global MACH certified offering.”
For more information, please contact:
Mr. David Miller
CMO
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Blue Yonder
Asda, one of Britain’s leading retailers, has selected Blue Yonder’s order management to accelerate its omnichannel transformation and Bringg, the leading delivery and fulfillment cloud platform, to make each element of the supply chain seamless, connected, and orchestrated.
With Blue Yonder, Asda will:
• Improve the CX by processing orders faster to improve the customer experience.
• Enhance visibility with real-time inventory visibility from the beginning of the shopping experience.
• Connect with the entire supply chain, considering the capacity to fulfill demand across any channel, at any time.
• Revolutionize online shopping with dynamic slotting options for both home deliveries and pick up in-store in partnership with Bringg.
For more information, please contact:
Mr. James Cleator
Marketing Manager
+44 (0)7511 214 769
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dan pearlman Group
WE ARE LOOKING FOR EXPERTS FOR OUR DAN ACADEMY!
Our world is changing faster than ever. Globalization and digitalization accelerate our lives. Demographic change and questions of new values set big challenges for our society.
A new time needs new answers. The future has to be designed. This is why we founded the DAN ACADEMY. Together with people that want to move something, we think about the future ahead. We find solutions to the most important question of our time: How do we want to live and work in the future?
DAN ACADEMY is a progressive and innovative education platform. We foster creativity – systematical and systemically. We use unconventional formats like activating workshops and design sprints, exciting experience journeys, and inspiring lectures. We overcome common thought patterns, breakthrough established dogma, and leave well-trodden paths. We offer access to experts and expertise, networks and exchange, and to rooms and spaces. Creativity is the future.
At DAN ACADEMY, we work visionary and solution-oriented. We change perspectives and let participants speak. Everybody can address questions, contribute opinions, points of view, and share experiences. In this way, a sustainable learning experience is created that develops solutions across disciplines – for people and employees, companies, and society. Together, we are learning a new way of thinking.
Are you an expert in the field of design, retail design, and architecture? Are you concerned with sustainable developments in shopping places and destinations?
Please let us know! We are looking forward to hearing from you!
For more information, please contact:
Ms. Diana Bennewitz
Director Corporate Communications
+493053000560
inoqo
Vienna, May 2022. inoqo’s new innovative Product Environmental Footprint solution (PEF) is now providing retailers with a powerful solution to get the environmental footprint for all their food and beverage products. At the same time, it helps their end customers transition to a more sustainable diet with the help of it’s Sustainability Engagement Solution.
Generate the climate footprint of your F&B products
The inoqo F&B Environmental Footprint Solution generates the climate footprint for tens of thousands of food & beverage products in a highly scalable way. On top of that, the solution enables grocery retailers to provide customers with rich insights on a product's impact with regards to animal welfare, biodiversity, social aspects and health. In this way grocery retailers and F&B brands can provide their customers with product transparency and help them transition towards a more sustainable diet. The solution reduces the amount of product labels currently overwhelming customers. It provides information on ecological, animal welfare and health aspects in one label and with the QR Code in the spotlight to scan and receive detailed information digitally.
Promote sustainability and health at all levels.
Moreover, the inoqo Sustainability Engagement Solution is an extension of our F&B Environmental Footprint Solution and seamlessly integrates into retailers POS & digital platforms. This enables to inform customers by displaying inoqo’s impact analysis and offer sustainable alternatives directly in store, in online shops or within their apps. This way retailers can build awareness, transparency and ultimately create trust with their customers by printing the climate score of the purchase on their receipts together with a QR code. The QR code will lead consumers to an in depth analysis of the impact of the entire purchase as well as specific product information. And last but not least, encourage customers to transition to a healthier and more sustainable diet by sending automated transaction-related feedback. At the same time customers are invited to participate in challenges and raffles.
Who is inoqo PEF for ?
inoqo PEF retail solution is for grocery retailers and food & beverage brands that are looking for a highly scalable way to get the environmental footprint of their thousands of food and beverage products, who are eager to get another competitive advantage by providing the transparency that their customers are asking for.
For more information, reach out to
Helene Saurais, Head of Marketing
helene.saurais@inoqo.com
For more information, please contact:
Mr . Markus Linder
CEO
markus.linder@inoqo.com
+43 664 2430996
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MishiPay
Processing 100% of store transactions: announcing the launch of the MishiPay Self-Checkout Kiosk
In working with some of the world’s largest retailers, we have learned that brick and mortar retailers very often operate with legacy POS systems. These systems deliver exactly what the retailer requires from a back office perspective and are relied upon across the business. But they no longer deliver the customer experience that is demanded by today’s shopper.
Therefore, when retailers seek to improve customer experience and capture sales growth by bringing in new checkout technology, they have a decision to make: should we embark on a long-term project to replace our POS in order to deliver a leading-edge experience for shoppers, but sacrifice being able to do this at speed - and therefore delay seeing the cost benefits? Alternatively, should we opt for the quick option and utilise our legacy POS but sacrifice the customer experience benefits that would make visiting our stores more attractive to shoppers?
With this in mind, we have developed a practical solution that eliminates this decision and enables retailers to deliver a market-leading experience at high speed and low cost: the MishiPay Self-Checkout Kiosk.
The MishiPay Self-Checkout Kiosk is built upon your existing POS, enabling you to maintain all your existing back office systems and processes. Shoppers benefit from the rich, engaging experience created by easily scanning the items using the laser barcode scanner which immediately begins to create their basket just as they’ve become accustomed to doing at grocery stores but with a UX that inspires them to consider more possibilities for their purchases with our item recommendations, transfer their basket to our web app to complete the purchase on their own device, use alternate payment methods and wallets powered with open banking and buy now pay later options, and finally, if they did finish their purchase at the kiosk, they can simply transfer the receipt to their email or their phone, without having to ever exploit the planet.
The MishiPay Self-Checkout Kiosk fits seamlessly with our Scan & Go offering, enabling retailers to use our solutions to process 100% of their store transactions. Scan & Go creates an immersive shopping experience that increases average basket value, whilst our kiosk improves store efficiency and is an attractive option for shoppers that are less technically advanced. Together these technologies eliminate time wasted in line by shoppers and the abandoned baskets that follow, driving up revenues for retailers.
We are excited to announce that the MishiPay Self-Checkout Kiosk will be going live in the stores of a leading high street retailer later in June, so watch this space for further updates.
To find out more about the ROI and improvements in store efficiency that MishiPay can deliver for your stores, please contact us.
For more information, please contact:
Mr . David Grenham
VP Comms & Customer Success
david@mishipay.com
07779468165
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Algolia
Algolia launches additional AI models in its Recommend Spring Release 2022 to Supercharge Businesses’ Ability to Engage with Users.
On Monday 6th of June, Algolia, the leading API-First Search & Discovery platform, today unveiled additional AI (artificial intelligence) models and capabilities in its’ Recommend Spring Release 2022. Algolia Recommend and Algolia Search, which powers more than 30 Billion search requests a week, enables any modern business with an online presence to enrich their end-user’s discovery journey by connecting them with the most relevant, actionable recommendations instantly.
With this new release, Algolia Recommend introduces advanced AI models that are powered by behavioral insights, while being privacy-aware. When coupled with Algolias’ blazing fast indexing capabilities, customers are able to immediately put their most relevant and up to date content into motion for end-users. Algolia Recommend can be implemented and pushed to production in as little as 4 days with its no-code/low-code tools. Developers can also go under the hood if they wish to further tweak their implementation.
From a single dashboard, merchandisers, digital content managers, or digital business leaders can choose the model that is right for them, deploy it, and then track the results. The Algolia Recommend Spring Release 2022 includes the following new capabilities:
Popular Trends – An innovative new set of AI models that detects emerging trends based on users’ behavioral data as they interact with various brands, categories of products and content, and topics of interest, all of which provides merchandisers and digital content leaders with the ability to engage instantly with visitors. This increases click through rates, reduces bounce rates, and helps visitors overcome a sense of ‘FOMO’ (fear of missing out) by surfacing what items are in vogue or topics that are trending.
Business Rules – Low code/no code functionality for controlling AI and activating unique business strategies – without the need for developer intervention. This provides greater flexibility for category merchandisers, online retail strategists, and content specialists to generate powerful new recommendations while gaining significant operational efficiency and flexibility.
Hybrid Recommend Engine – This is a combination of collaborative filtering algorithms and content-based filtering algorithms that together increase the relevancy and accuracy of recommendations. This approach overcomes the ‘cold start’ problem since recommendations can be presented immediately to users once the content-based data is indexed. Availability of behavioral information either at this initial stage or later can further help fine-tune and enrich the quality of recommendations. This new capability will enable all online vendors to increase user engagement more quickly and improve order rates.
In addition to the new capabilities above, Algolia Recommend supports the following popular capabilities:
Related Products: This recommendation model enables retailers to increase conversions and orders by analyzing items shoppers interact with (e.g. clicks, adds to a cart, and/or purchases) during their sessions and suggesting similar products from this analysis.
Frequently Bought Together: This recommendation model increases AOV by upselling complementary items on the product page or shopping cart page based on what other shoppers have purchased with that same item during a single shopping session.
“As shoppers we have an expectation that there will be recommendations on category pages, PDPs (product detail pages), and checkout pages. It speeds up our discovery of the most relevant products, and for the brands’ themselves, it increases average order value, conversion rates, and repeat visitors,” said Bernadette Nixon, chief executive officer, Algolia. “We’re focused on having the best quality recommendations and making it easy for our customers to implement across their web properties. Algolia Recommend Spring Release 2022 helps organizations anticipate their users’ wants and needs, and recommends the right content to reach them within milliseconds.”
According to a recent Total Economic Impact study conducted by Forrester Consulting, Algolia’s ranking algorithm improved the relevance of search results with measured increases of 40% to 50%, especially by mobile customers.
Several early users gained clear benefits. According to Claire Armstrong, Director of Digital Products, at Fender Musical Instruments Corporation, “with Algolia Recommend, we are able to further promote a wide variety of our content, curriculum, and learning activities within ‘Fender Play’, the complete learning app for guitar bass and ukulele, all of which are supporting the next generation of players on their musical journey.” Additionally, Flaconi increased their average order value (AOV) by 10% and Gymshark boosted their order rate by 150%.
Nixon added: “Throughout the year, we will continue to innovate and add new functionality to the Algolia Search and Discovery platform. For example, later this summer, we will be releasing a new Merchandiser Dashboard, which consolidates all the functionality a merchandiser will need into a single, intuitive dashboard. This will enable merchandisers to very quickly surface the right content to their users, and comprises a broad array of merchandising capabilities, including category-level merchandising and powerful, AI-based business rules to manage re-ranking for any given category or query, plus much more. We built this dashboard specifically with the business user/merchandiser in mind, ensuring that they will be able to implement, test strategies, and experiment in a no code environment. This is just one example for e-commerce use cases, however we will have many more announcements throughout the year.”
"IDC expects The intelligent knowledge discovery software market to grow to $11.3 billion in revenue in 2025 with a CAGR of 26.4% over the next 4 years," said Hayley Sutherland, senior research analyst, Conversational AI and Intelligent Knowledge Discovery at IDC. "In this space, Algolia’s Search and Discovery Platform, and particularly its Algolia Recommend Spring Release 2022 has the potential to play a significant role in unlocking previously “hidden” data and making content available for organizational decision making."
Algolia Recommend Spring Release 2022 is available immediately. To sign up and start building for free, visit https://www.algolia.com/users/sign_up.
For more information, please contact:
Mr . Carl Standertskjold
Senior Marketing Manager
carl.standertskjold@algolia.com
+33612576186
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Nextail
Nextail Launches Reorder Solution
● New Reorder solution reduces time spent on re-ordering and increases efficiency
● Reorder tested and enhanced with existing customers before general release
London, June 2022: Nextail, the European algorithmic inventory management provider, has launched a re-ordering solution for fashion, beauty, accessory, and home retailers in a bid to help customers improve efficiency and accuracy.
The tool, simply named Reorder, has been developed in tandem with existing Nextail customers. The aim is to remove the major pain points retailers encounter when buying existing lines in-season. Historically, re-ordering has been a manual process that was long, laborious, and often inaccurate. As a result, the budget could be wasted and too much stock bought.
By using granular real-time data and factoring in shifting consumer patterns as well as supply chain constraints, Reorder combines hyper-local demand forecasting with agile automation, leading to increased sales and reduced waste.
Says Joaquin Villalba, Nextail’s CEO and co-founder: “The Nextail mission is to connect, digitalize and automate the retail supply chain, increasing efficiency and sustainability. The Reorder solution is our latest step towards achieving this. It reduces the time spent on replenishment buying by as much as 50% and is much more efficient. This means buying & merchandising teams have more time to focus on other tasks and have fewer stock issues at the end of the season.”
Villalba is speaking at this week’s ShopTalk Europe, which is being held at Excel London.
The Nextail platform currently offers allocation, replenishment and in-season transfer solutions to retailers that specialise in seasonal products, such as fashion, beauty and accessories. Customers include Hackett, White Stuff and River Island in the UK as well as Cortefiel, Versace and Pimkie.
Nextail’s Beta Lab worked with a number of existing customers to develop the Reorder solution, including Spanish jewellery and accessories business, Aristocrazy. More details can be found in a blog posted on the Nextail website: https://nextail.co/2022/03/08/aristocrazy-talks-reorder-the-newest-nextail-solution/
About Nextail
Nextail is a platform of end-to-end inventory management solutions that delivers customer-centric, data-driven decisions so that brands and retailers can sell more with less stock. By leveraging the power of AI and advanced algorithms, Nextail increases stock efficiency across all of a retailer’s channels through hyper-local demand forecasting and process automation. That way, they can automate the science of retail and dedicate more time to the art.
Nextail is currently working with over 30 international brands and retailers including Versace, River Island, and Pepe Jeans.
www.nextail.co
For more information, please contact:
Mr . Chris Scott-Gray
UK Comms Consultant
chris@onecsg.com
+44 7802613585
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Talkdesk
Talkdesk Introduces New Industry-Specific Solution: Talkdesk Retail Experience Cloud
Out-of-the-box customer service platform purpose-built to unify the retail customer journey
Talkdesk®, Inc., a global cloud contact centre leader for customer-obsessed companies, today introduced Talkdesk Retail Experience Cloud™, the AI-powered customer service solution specifically made for retailers. The uniquely designed platform unifies the customer journey across physical and digital channels to help brands meet customers wherever they are. Pre-configured retail workflows and scripts ensure value is added to every conversation, while “retail fluent,” pre-trained AI accelerates speed to resolution.
Talkdesk Research™ underscores the strategic, growth-driving role of customer service in retail. Recent global surveys show that the ability to resolve customer service issues on first contact has become the number one driver of customer loyalty. Other studies show that 72% of shoppers say their preferred channel varies by context, and 86% of retail CX leaders say customer relationship growth will be an agent KPI within the next few years. Designed based on extensive industry research and expertise, Talkdesk Retail Experience Cloud offers a broad range of benefits for retailers, their customers, and their workforces.
Talkdesk Retail Experience Cloud joins a growing roster of Talkdesk industry-specific contact centre innovations introduced by the company in recent months.
To view the full press release visit https://www.talkdesk.com/news-and-press/press-releases/talkdesk-retail-experience-cloud/
For more product information, visit https://www.talkdesk.com/call-center-solutions/retail-ecommerce/retail-experience-cloud/
For more information, please contact:
Ms . Camille Beasley
Public Relations Director
camille.beasley@talkdesk.com
+1 972 896 1936
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Traverz
Traverz Solves Ecommerce Browse Abandonment
Unique technology enables real-time, cross-channel conversational commerce with Browse Continuation capability
London, 07.06.2022 – Traverz (https://traverz.com/), a provider of ecommerce search and personalisation technology, today announces the launch of its ground-breaking Multi-Channel Commerce with Browse Continuation. This unique capability enables seamless ecommerce journey recovery and platform switching. From online shop to messenger channels and back to online shop.
View the explainer video: https://traverz.com/browse-continuation/
With just 10-15% of consumers globally adding products to the cart during their shopping journey, browse abandonment (where the consumer abandons the product search journey) is a huge driver of lost sales opportunities. Cart abandonment is a recognised ecommerce problem that has been successfully tackled through email and messenger-based solutions.
Yet browse abandonment is an equally large opportunity that largely remains unsolved - until now.
Traverz Browse Continuation opens up a whole new avenue of journey optimisation and guidance for commerce platforms and retailers. Conversational Commerce 2.0 has arrived.
No longer is ecommerce a one sided experience that requires consumers to lead - Traverz has turned it into a two-way conversation that flows naturally from device to device, channel to channel.
For eCommerce retailers this feature is a must-have addition to their armoury in their quest to deliver great consumer experiences and increase conversions.
Twan Vollebregt, CEO of Traverz commented “We can’t wait to showcase Browser Continuation and demonstrate just what a game changer it is for ecommerce.”
Traverz is exhibiting at Shoptalk Europe, taking place at ExCeL London 6-8 June, and will be meeting with ecommerce retailers interested in finding out how they can supercharge their consumer journey.
Twan Vollebregt went on to say “Browse Continuation is part of our mission of putting the consumer at the centre of the ecommerce experience. Through interaction and engagement we gain valuable purchase intent understanding. We are looking forward to partnering with forward looking retailers and platforms to implement and unlock the potential of Browse Continuation.”
Due to the inherent flexibility and scalability of the Traverz conversational commerce technology, Multi-Channel Commerce with Browse Continuation was conceived and developed very quickly in comparison to usual development times. To find out more and watch an explainer video, please visit https://traverz.com/browse-continuation/
ENDS
Media contact:
Anthony Monks
Account Director
ITPR
traverz@itpr.co.uk
+44 (0)207 183 8200
Notes to editors
About Traverz - https://traverz.com/
Traverz has designed and built a next-generation product discovery technology that benefits consumers, ecommerce sites and search platforms. The innovative technology overcomes the limitations of search personalisation by encouraging consumers to communicate their real intent - beyond search bars and facets.
Traverz is on a mission to understand the explicit preferences of consumers and put them at the centre of every online product search. Traverz makes conversational commerce a reality.
Traverz derives consumer intent through multi-step consumer engagement at the feature and attribute level. Low-friction feedback and interaction mechanisms encourage consumers to engage in a natural way, enabling Traverz to deliver highly valuable explicit intent information to the search engine.
The result is really very simple and powerful. Traverz delivers superior personalisation through a much better, deeper, engaging, effective consumer experience. When consumers are engaged and have confidence, they are finding products they want, and they convert more. That’s what Traverz delivers.
Company Information
Traverz AG is headquartered in Zurich, Switzerland and was founded in 2018.
Biography - Twan Vollebregt, Founder of Traverz
Twan is a serial entrepreneur and executive leader whose experience is focused on innovation. He has led and exited two previous tech start-ups, whose products are still very much alive for the acquiring companies today. In 2014, Twan won the prestigious Risk Magazine Innovation of the Year award for his work relating to a web platform product. Twan holds a PhD in Operational Research.
For more information, please contact:
Mr . Twan Vollebregt
CEO
twan@traverz.com
+41795331616
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Retail X
Launching at Shoptalk Europe - The Global Elite 1000 2022 Report - Download today
RetailX in partnership with Shoptalk Europe is launching the Global Elite 1000 2022 Report which ranks the top 1000 retailers and brands in the world with an analysis of their characteristics that makes them worthy of the list.
The report covers the world’s digital retail activities in 10 regions, noting the stand-out performers in each region. From this we have analysed this long-list of elite players on a global scale, looking at how they perform outside of their home regions...and from this formed the Elite 1000.
Download the report today to learn more about:
> The dominance of US and European brands and retailers in the Global Elite
> The categories of retailers
> How customer attention spans regions, but with very different behaviours around the globe
> The characteristics shared by the best of the best
For more information, please contact:
Mr . Ian Jindal
CEO
amy@hardnumbers.co.uk
07741911299
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Sensei
Sensei Launches the First Ever Autonomous Cabinet to Disrupt the Vending Machine Market
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Sensei is the first company to offer a full spectrum of autonomous retail solutions; from large stores to plug and play pods and now smart cabinets
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This disruptive innovation marks the beginning of ‘ultra-convenient’ retail in the UK and Europe, on a trajectory to transform the industry
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The new Autonomous Cabinets will be unveiled for demonstrations during London’s Shoptalk event
June 6th, 2022, – LONDON, United Kingdom - Sensei, the leading European provider of autonomous stores, has launched the first ever Autonomous Cabinets, revolutionising the vending machine market and allowing retailers to bring “stores” closer to consumers in locations such as offices, stations, universities, gyms and more.
Sensei’s Autonomous Cabinets will free vending machine operators from all the constraints and inefficiencies of traditional vending machine solutions. This new AI-powered technology will allow customers to hold and have an up close look at products before buying them. Customers will no longer have the negative experience of buying a product to only then realise it has an allergen or unhealthy ingredients.
The cabinet door can be opened with the tap of a card or the Sensei App and, after choosing the products they want, customers will automatically be charged for what they decide to keep. Cameras and intelligent shelves in the cabinet recognize products and ensure receipts are accurate.
The Autonomous Cabinets hold products of all shapes and sizes, so retailers are no longer limited by what they can offer customers. These cabinets offer a reliable solution that’s easy for retailers to manage. Operators benefit from real time visibility over stock and sales via the Sensei Fast App platform.
This innovation allows retailers to reduce their operational costs thanks to its smart inventory management system, and increase sales due to the ability to sell high value products. Consumers also benefit from the convenient access to products on their doorstep - in apartment buildings, schools, train stations, universities, offices, hotels, hospitals, event venues, and more.
Vasco Portugal, CEO at Sensei said: “We are thrilled to be bringing this next evolution of vending machines to retailers. At Sensei, we are committed to improving the retail experience, increasing efficiency, and helping businesses maximise sales and reduce costs. Our Autonomous Cabinets allow retailers to easily place their products in the spaces where their customers frequent. Customers can just walk up to an Autonomous Cabinet near them, pick whatever they want, and leave. Consumers crave convenience, and that’s what we’re delivering.”
In the coming weeks, Sensei will have dozens of these Autonomous cabinets operating in stations, universities, and office buildings.
Sensei’s Autonomous Cabinets are already available across Europe. Retailers and vending machine operators can contact Sensei for more information at: https://www.sensei.tech/
*Ends*
Notes to editors
Sensei Autonomous Cabinets Video footage is available here: https://youtu.be/Y8hW98Y8tiU
An mp4 file is available on request.
Media Contact:
Owen Cottan - Senior Communications Associate
Email: sensei@hardnumbers.co.uk
About Sensei
Sensei is a scalable, seamless store-wide solution that empowers autonomous stores. Through an integrated system of cameras, sensors, and AI algorithms, Sensei provides a secure and reliable AI-powered end-to-end solution to capture a wealth of store insights and a smooth, frictionless checkout and cash-free shopping experience. Visit www.sensei.tech
For more information, please contact:
Ms . Amy Stone
Senior Communications Consultant
amy@hardnumbers.co.uk
07767821381
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e-satisfaction.com
| e-satisfaction.com is the Customer Feedback platform that helps you understand your customers, know where to focus and provide the best-in-class experiences they deserve & anticipate! We use our tested, proprietary 5-step framework to enable Customer Centricity and contribute to your business growth, while delivering best-in-class experiences. The platform of e-satisfaction.com, collects feedback during important moments of the customer journey and translates it into actions for the frontline, insights for the management and better reputation for the organization. It is simple;our platform prompts that the customer is the focal point of all decisions for an organization. e-satisfaction.com is the only Customer Feedback Solution in Greece, active in 4 EU countries, expanding in Western Europe within H2 of 2022. We are dominant in Omnichannel Retail with 7+ years of expertise, having all the key players in client portfolio - PMM Group (Public & Media Markt) Leroy Merlin, Plaisio, Praktiker, La Redoute, Intersport, Cosmos Sport, Sephora, Ahold Delhaize and others. We are also active in 7 other industries (HR, Food, Travel, Banking, Insurance, Energy, Automotive) with clients like Eurobank, Toyota, Aegean Airlines, L'artigiano, Pizza Hut and more. For more information, please contact: Contacts: Evangelos Kotsonis, CEO & Co-Founder ekotsonis@e-satisfaction.com Madlen Balatlian, Marketing Manager mbalatlian@e-satisfaction.com |
For more information, please contact:
Ms . Madlen Balatlian
Marketing Manager
mbalatlian@e-satisfaction.com
00306977458262
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Texel
Try on any dress by simply uploading its picture to Texel's award-winning WhatsApp chatbot.
You can now try on digital and physical garments without having to leave your couch and simply by uploading a single image of yourself.
Texel.Moda is the developer of an AI-backed web widget for instant virtual try-on and size recommendation based on the largest dataset of human full-body 3D scans from over 30 countries.
Texel's technology is based on artificial intelligence and generative adversarial networks (GAN) that recognize the core body features of a person based on just one photo and then create an accurate outfit visualization.
With the help of this technology, retailers and e-commerce brands can now create digital fitting rooms that improve the overall shopping experience for their customers. By combining the virtual try-on feature with the size recommendation technology, fashion businesses can improve customer engagement, increase conversion rates, and decrease product returns.
This solution works well not only with regular clothing but also with digital fashion, allowing brands to create unique customer experiences.
Have you ever thought that digital clothing can become the new widespread and sustainable alternative to fast fashion? Texel.Moda develops Telegram, WhatsApp, and Instagram chatbots for virtual clothing try-on to demonstrate that this is possible. With the help of this technology, anyone can join the chatbot, upload a single full-body photo of themselves, and try-on digital outfits within seconds and free of charge.
We are also happy to announce the launch of Texel's newest product - an innovative Smart Mirror solution that is designed to gamify the in-store shopping experience and increase customer engagement. A Smart Mirror by Texel.Moda is a physical touchscreen display powered by our next-gen virtual try-on software that enables customers to try on clothing faster and smarter.
About Texel
Texel is the world’s leading developer of 3D body scanning technology and digital fitting room solutions. The company develops and sells full-body 3D scanners, which are currently established in 30 countries around the world. Over the years, Texel accumulated the largest database of colourful full-body 3D scans in the world containing over 180,000 3D models. Based on this data, the company developed two ground-breaking technologies:
1. A parametric model of the human body which calculates the key body metrics of a person based on the basic body parameters (height, weight, age, body type)
2. A generative neural network that is at the core of the virtual try-on technology that enables shoppers to try any clothing on their photo within seconds.
More information on TexelModa.com
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CarbonCloud
How the food industry stopped the LCA and loved machine learning
Here are the facts:
– In 1969, Life Cycle Assessment was born, measuring the climate impact of the Coca-Cola packaging. 53 years later, little has changed: The food industry is still neck-deep in measuring emissions, barely dipping its toes in managing them.
– Since 1969, the tech industry has perfected the measuring machine that runs en masse calculations automatically – better and faster than humans ever could.
– In 2020, the CarbonCloud canvas inscribed the science of measuring climate impact in this machine. The food industry could finally calculate the climate impact of a product without getting buried under a mountain of science. But there was more to be done.
– In 2022, CarbonCloud introduces the software solution for measuring emissions at scale and offers it to the hands of the food industry: Initial Mapping concludes the problem of measuring and opens the chapter of managing emissions.
And here is the story: To measure the climate impact of a single food product for a year with a life cycle assessment, you would need six months, $50,000, a specialist, and an extensive set of data begging to be gathered, spread over tens of suppliers. Now imagine the demand for a portfolio of 1,000 products. How does the food industry allow this amount of time, money, and brainpower for a questionable, static result?
Food industry, meet computers and machine learning. Their strongest suit is doing these exact calculations cheaper, quicker, better, and for hundreds of items at once. Perhaps, handing over the calculations to them would give you back the agency to remember why you started measuring emissions in the first place: To manage them. Perhaps the agency and resources saved from handing over all the measuring can go into managing and reducing emissions instead.
CarbonCloud proudly presents Initial Mapping, the technology that inaugurates the era of emissions management for food. Initial Mapping is the outcome of computers doing what they do better than humans: Lightning-speed faultless calculations at scale and automating manual labor. Initial Mapping automates the paralyzing task of gathering data throughout the food supply chain and measuring them so that the 2 billion people in the food industry can focus on what they do better than computers: Use insights to strategize.
"When we launched the first CarbonCloud interface we improved the speed, consistency and accuracy of life cycle assessments by more than a factor 10X. With the launch of initial mapping, we leave even that solution in the dust. Initial Mapping feels like magic. This is a revolution for the decision-makers in the food industry combating climate change."
David Bryngelsson, PhD, CEO & Founder at CarbonCloud
Hundreds of real-time, high-accuracy climate footprints within days are merely the tip of the iceberg. The magic lies in the remaining 90%: a complete model of the supply chain for every product. Food producers can get started with readily available data they use daily: product names, ingredient list, and country of origin. A Natural Language Processing machine scans portfolios with thousands of products and programmatically matches each product to its supply chain model. Powered by a high-definition map of the food system, the most comprehensive climate footprint dataset, an advanced logistics module, and a sweeping library of refinement processes, Initial Mapping architects the full map and supply chain of every product: Production processes, logistics chains, and supplier networks – with the same and higher accuracy and granularity as month-long LCAs.
Initial Mapping marks the tipping point of climate strategies, from the era of calculating emissions to the era of reducing emissions – impactfully and efficiently. It is a singular opportunity for the food industry to focus their climate efforts on what matters for their portfolio, to design and march on their climate strategy roadmap quicker than ever.
"I'll believe when I see it" type? Visit carboncloud.com or drop us a line at hello@carboncloud.com to see more!
For more information, please contact:
Ms. Sofia Pyrgioti
Content Developer
+46707909885
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DataHawk Technologies
We are delighted to announce the launch of our latest product, DataHawk Connections!
Connect, integrate, and extract your #Amazon and #Walmart business data at scale with greater autonomy using Google Sheets and create custom or ready-to-use dashboards in your favorite visualization tools like #Powerbi , #Tableau, #Metabase, and more.
Go ahead, take it for a spin: https://bit.ly/3G3MIMK
Read more about DataHawk Connection: https://bit.ly/3MKlbT7
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Dressipi
Dressipi's Launches Product Tagging To Unlock a Wealth of Data for Fashion Retailers
Dressipi has announced the launch of their AI-driven Product Tagging solution. Quality product and brand data delivered through Product Tagging addresses the most fundamental issues retailers experience including inconsistent product and brand data, attribution errors, and missing values. It offers a new way to provide a consistent source of accurate product data for fashion retailers, delivering value to many key retail areas including internal and paid search, personalized recommendations and outfits, and supply chain optimizations including product forecasting models.
“In fashion, there has always been plenty of data available on marketing channels and transactions, but retailers never had quality data for what the customers actually care about the most - the clothes,” says Sarah McVittie, Co-Founder at Dressipi. “This is why we wanted to make our product tagging solution available to retailers, giving them accurate, consistent, and fashion-specific product data to build from.”
With the data gained through Product Tagging, fashion retailers can now:
- Eliminate time tagging products, enabling buyers and merchandisers to work on revenue-generating tasks
- Increase sell-through rate by 10% and contributed margin by 3%pt’s with prediction models that are 10% more effective
- 33% of products in fashion are new every month. Solve this cold start problem as no product is ever new, it has a set of product attributes that already has visit and sales propensities to learn from
For more information please visit https://dressipi.com/solutions/product-tagging/.
For more information, please contact:
Ms. Georgina Fisher
Marketing Manager
georgina.fisher@dressipi.com
+447778899060
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StageMe
StageMe announces the launch of a new social live commerce product that enables eCommerce stores to sell using live streaming on Facebook and Instagram as well on their main website as a unified experience.
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Catalina
Catalina ONE helping UK retailers grow sales and improve marketing performance
Catalina, the leading multi-channel, personalised shopper activation business, has launched a digital engagement solution that drives incremental sales, enhances customer loyalty, and improves marketing performance. Catalina ONE is designed to help retailers retain customers through a gamified shopper engagement experience.
The platform provides retailers with a simple Plug & Play solution via a weblink or Application Programming Interface (API) which locks customers into challenges encouraging deep brand engagement and repeat visits. Through Catalina ONE, customers are offered a personalised experience where they can embark on a range of online missions which include an element of gamification and are specially selected for their preferences. The platform then allows customers to choose their reward level depending on their chosen journey.
Catalina ONE enables measurable hyper-personalisation which delivers inspiring, personalised content and offers designed to drive in-store footfall and increase online trading while also building customer loyalty.
Initial results amongst EU retailers have shown Catalina ONE delivering up to 35% uplift on a mission objective or KPI such as basket or product sales with an average retention rate of 50% customer use between waves.
Catalina’s UK VP and Managing Director, Prem Patel said: “We’re delighted to offer Catalina ONE to the UK retail market. Customer loyalty has never been more challenging and unpredictable, with the path to purchase becoming more competitive and diversified by multiple touchpoints.
“Catalina ONE provides a simple, innovative solution to meet these challenges. The platform helps retailers build a deeper relationship with customers by offering them a rewarding and unique experience and providing them with choice and value which builds loyalty and drives further sales.”
Catalina is a leading global customer activation business working with some of the UK’s leading retailers to drive genuine long-term shopper loyalty, delivering personalised offers that engage shoppers and increase sales.
(ENDS)
For further datils, please contact:
Cristina Artico at Four PR
M: 07900 640819
E: cristina@four-pr.com
Bill Shaw
07974 720669
E: bill@four-pr.com
About Catalina
Catalina is one of the UK’s leading, trusted voices on multi-channel shopper activation with expertise in building loyalty through hyper-personalised solutions.
We improve top and bottom-line results for some of the UK’s largest retailers. At Catalina, we apply proven analytical models to understand shopper behaviour, insight, and intelligence in order to connect retailers with shoppers in a way that increases customer loyalty and engagement, long-term.
Our team of forward-thinking leaders is curious, creative problem solvers, with a deep-rooted passion for understanding retail, shopper behaviour, and loyalty. Our innovative multi-channel solutions present opportunities to communicate with and engage shoppers wherever they are - at home, outside of the store, during shop, or post shop.
For more information, please contact:
Ms. Clare White
Business Development Director
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zoen shop s.r.o.
Welcome to zoen.shop - a fast-growing start-up bringing you the future of online shopping. zoen.shop connects customers with retailers through simple and convenient video calls - providing a human touch to an online shopping experience.
With a built-in payment system and high-quality video, zoen.shop offers you a way to boost your sales while providing impeccable customer service, bridging the gap between online and in-store shopping. Join the future of shopping!
For more information, please contact:
Mr. Rene Pour
CEO
+421914326341
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TwicPics
Embedded videos on the web: no more headaches!
Here it is! Video optimization is now available as a new feature in TwicPics SaaS/IaaS, a leader in the web image optimization market.
Images & videos are all about Quality, Performance & Sustainability. You might know TwicPics for real-time web image optimization, pixel-perfect sizing, and compression tailored for each user? Well. It is now possible to optimize embedded videos too! No need to worry about video formats and browser compatibility. No need to insert a heavy Youtube or Vimeo player: this is the end to ungracious ads of your competitors on your website! No more heavy GIFs on your pages ruining your efforts to get the best possible web perf, especially for mobile users.
TwicPics takes care of everything. Brands need to contribute with the original HD video file and the solution will get the work done: cropping, sizing, formatting, and compressing.
Now let's get into details.
What kind of embedded videos TwicPics can deal with?*
- Embedded videos are directly integrated into the source code of your website: forget about clumsy players such as Youtube/Vimeo and their heavy tracking
- Duration up to 30 seconds
- Autoplayed and muted videos
- Starts as soon as a user is landing on your page
TwicPics manages embedded videos the same way as it does with images:
- Video contribution can be in any format: GIF, MP4, MP5, MOV, etc.
- Videos size up to 36MB, 36 billion pixels and 30 images per second (30fps)
- Real-time processing and optimization according to the CSS directives and the user context - screen specs, DPR, etc. - automatic cropping and sizing perfectly rendered
- Formatting according to browser support: H265, VP9, H264
- Delivery of the video through TwicPics CDN
- 4 to 50x video payload reduction
This revolution is hard to believe? Want to see it in action?
Here are a couple of demos:
With a MP4 file:
With a GIF file:
Our mission & our vision:
To deliver the best possible online user experience through faster site speed for customers and optimized content.
To empower web professionals with state-of-the-art, future-proof tools, helping them create the best possible quality experience for all online users.
To make the web as wide as the world, the web everyone deserves!
Contact our team at hello@twic.pics or directly on our website: https://www.twicpics.com/contact
For more information, please contact:
Ms. Camille ADAMCZYK
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Plerdy
We want to present a SaaS product for web analytics - Plerdy.
It’s more than just another tool used to track users behavior on the website, we have Google Analytics for this. Plerdy is a whole ecosystem of tools and reports that arm business owners, marketers, CRO, SEO, and UX specialists with methods to convert their visitors into paying customers.
Plerdy enables tons of features such as heatmaps, session recording, click tracking, sales performance tracking, form creation, SEO reports, and more to analyze user behavior and improve site performance.
Our product has Ukrainian roots, it was founded in Lviv, where our team is located. Thousands of companies in Ukraine and abroad already trust Plerdy and currently, we want to expand to the British market as well.
Plerdy is a great choice for:
- SEO, CRO, UX specialists from the e-commerce industry, who want to save their time on analysis and hit higher conversion rates.
- Product Managers, who are looking to get more insights into the weakness of their product and improve it.
- Marketing professionals, who feel like the “face” of their company, their website is what holds them back from selling more.
- And just everybody who is using Google Analytics, Hotjar, Clarity, or other tools but lacks the real understanding of what they need to improve in order to skyrocket their conversion rates.
We offer different plans for SMB and enterprises and also a special partnership program for marketing agencies. Looking forward to working with UK-based companies and bringing value to you just like we did for thousands of companies in Ukraine and Europe.
For more information, please contact:
Ms. Marta Rogach
Marketing Manager
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LABELL-D
First fully Circular Fashion Platform LABELL-D is officially launching on the 1st of June.
LABELL-D's mission is to help the world dress sustainably.
The platform will allow its customers to choose seamlessly between new, pre-loved, and rental while letting them monetize on their initial investment for as long as their products will stay in the LABELL-D loop. It's the one-stop destination that incentivizes customers to shop sustainably, without change, effort, or sacrifice.
For more information, please contact:
Ms. Julia Vendramin
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Vue.ai
What is it:
Vue.ai’s virtual dressing room tool helps retailers deliver personalized, inclusive dressing room experiences in their eCommerce stores. Shoppers can mix & match looks, and visualize how they fit on models that most resemble them.
How it works:
Dressing Room uses a class of A.I. machine learning frameworks called Generative Adversarial Networks (GAN) to create realistic images of products on models. The neural network understands the features that represent a garment - silhouette, the type of sleeve, neckline, design elements, patterns, etc. It also understands the features that represent the model - body parts, shape, musculature and skin tone, etc, and learns to construct the garment fitted on the model with all the morphings that different parts of the garment undergo naturally while worn by a human.
Benefits:
* Real-time styling - Provide shoppers the ability to mix and match products and to curate their own outfits all in real-time on models similar to them.
* Help shoppers discover more products - Sell complete looks over individual pieces by encouraging your shoppers to explore the breadth of your catalog with interactive styling.
* Make your products come alive - Display your products on relatable models by providing more context than just a few product photos and allow your shoppers to make well-informed purchase decisions that are sure to convert.
* Give your shoppers a personal stylist - Help your shoppers engage with your products better by allowing them to identify pieces that best suit their preferences.
* Promote seasonal collection drops and pre-orders - Deliver compelling shopping experiences on your website by making themed and promotional collection drops irresistible.
Customer names:
Vue.ai is the leading A.I. provider for end-to-end eCommerce solutions serving major retailers such as thredUP, Depop, Macy’s, Centric Brands, Reformation, TataCliq, Hepsiburada, Noon, and Zilingo among others, and have helped in solving complex challenges with our custom A.I. solutions. We’ve been listed in CB Insights' top 100 AI companies for two consecutive years and have also been named in G2’s eCommerce Personalization Grid in 2021.
For more information, please contact:
Ms. Krithika Anand
Senior Marketer
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Visenze
ViSenze - The leader in AI-powered Solutions for Retailers - today announced the launch of its newly upgraded platform Discovery Suite.
The new platform is built upon ViSenze’s proprietary AI capabilities of Search, Recommendations, Enrichment & Data. The Discovery Suite now provides retailers more control, ease of configuration & testing capabilities to optimize experiences for their shoppers. It ensures a more frictionless product discovery journey for shoppers, improved product performance & deepens customer insight to retailers that will help them to drive increased revenue.
“With Discovery Suite, we now have a unified platform, where AI is -going to be applied across the consumer lifecycle. Today’s shoppers seek highly intuitive, satisfying shopping experiences that Discovery Suite provides to retailers by optimizing their product discoverability and catalog intelligence.” Oliver Tan, Chief Executive Officer (CEO)
The Discovery Suite also comes with an optimized UI/UX design and multi-platform connector options to various eCommerce platforms like Shopify, making it faster to integrate & more intuitive to use.
“Our experience of close to a decade focussing on AI retail solutions and supporting 900+ retailers globally enables us to meet the evolving needs of today’s retailers. Discovery Suite has already added $4.5M new revenue in just two months for one of the largest UK home decor retail customers.” Brendan O'Shaughnessy, Chief Commercial Officer (CCO)
ViSenze has also been recognized as a sample vendor for Computer Vision in the recently released 2021 Gartner Hype Cycle for Retail Technologies. The inclusion in the Gartner report reaffirms ViSenze's commitment to empowering its customers with the fastest path in driving retail digital transformation and innovation.
“ViSenze Smart Recommendation module in Discovery Suite helped us with a 20% increase in click-through rates within a month of implementation. Our relationship with their team has been strong, and they continue to develop new solutions based on our feedback.” Alexey Alekseev, Director Of User Experience at EyeBuyDirect Inc
For more information, please contact:
Mr. Vadish Shetty
CMO
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Moochies
Moochies to launch its premier product Odyssey in the UK market in 2022 after a successful launch in Australia.
Moochies Odyssey is the complete children’s wearable bringing an extensive new feature set to add the features of the popular Moochies Connect. The core functions of voice and video calling, GPS tracking, and messaging have been joined by educational games, step tracking as well as heart rate and temperature monitoring. Odyssey features a sleek new design with a modern feel to go with increased battery life and waterproofing, it is perfect for school, home, sports, playgrounds, sleepovers, and everything in between.
For more information, please contact:
Mr. Louis Dade
National Channel Manager UK, Australia, Ireland, and New Zealand
+44 7897019778
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Vistex
Vistex end-to-end revenue management from Procurement through to customers - Vistex has been making it add up for Retailers, to understand how suppliers contribute to ensuring you get the right price and support to make all your sales activities profitable.
For more information, please contact:
Mr. Farsad Ghafoor
Accounts Director
farsad.ghafoor@vistex.com
+0044 7403316568
Miracl
LATEST YOU GOV SURVEY REVEALS UNFAVOURABLE ONLINE SHOPPING BEHAVIOUR WHEN LOG-INS ARE A CHALLENGE
DURING SHOPTALK, THE TRUE COST OF PASSWORDS: 25% OF UK ADULTS ADMIT THEY PURCHASE FROM ONLINE COMPETITORS IF THEY FORGET A PASSWORD
- Poll from MIRACL and YouGov reveals post-pandemic frustration with passwords
- Research shows many consumers simply ‘give up’ on accounts when they can’t remember their password
- MIRACL questions the longevity of the password system
And ….. 56% of us will have negative feelings towards a brand or website if they have frustrations with its logging-in process, the latest research from MIRACL has revealed. This, in particular, will deeply concern the retail sector, whose focus for many is building brands. Not only is the login process losing brand value, it is diminishing ROI for organic and paid marketing efforts for conversions.
The UK poll for MIRACL, conducted by YouGov, of more than 2,000 adult respondents at the end of April 2022, also found that 1 in 4 (25%) will leave a website and purchase from a competitor if they can't remember their password to access their account. This not only highlights password frustration with consumers, but the cost this brings to shopping businesses too.
A third of UK adults (33%) admit they will stop using an online account entirely if they can't remember their password. In the hope of triggering wider discussion, this news further bolsters the case for urgently replacing passwords, currently responsible for the large majority of all authentication, as the primary means of authentication.
Rob Griffin, CEO at MIRACL comments, “Our latest YouGov survey should concern all teams managing brands with a digital presence. For businesses operating online, these results verify that the outdated password system not only costs them sales and profit but also that consumers’ whole perception of a brand is frequently negatively impacted by a clunky online experience. The login experience defines not just crucial first impressions but also the whole customer-friendly nature of a brand. Passwords are failing users and brands alike.”
MIRACL is the world’s only one step multi-factor authentication. Using a PIN based zero knowledge trust process – which does not require passwords or a second device to authenticate - its’ clients have repeatedly stated ‘it’s too good to be true’. Learn more at www.miracl.com
Its recent blog on the history of passwords can be accessed here: https://miracl.com/blog/
Questioning the longevity of the password MIRACL will once again host World Passwordless Day on Thursday 23rd June, celebrating the benefits of online authentication without a password.
-ENDS -
Media Contacts:
For interviews, photography or further press information:
Sarah Sawrey-Cookson, MIRACL
Sarah.sawrey-cookson@miracl.
07765 1105438
Survey:
For the full YouGov polling breakdown, please contact the MIRACL PR team:
Sarah.sawrey-cookson@miracl.
Notes to editors:
MIRACL creates a positive user experience and cost savings by removing the barriers to secure authentication. With a near faultless login success rate of over 99.6%, MIRACL reclaims the 15% of traffic that's lost to poor login experiences caused by insecure passwords, expensive SMS texts and complex authenticator apps. The single-step, 2 second login also decreases support costs by 30%+ while saving significant time for both consumers and staff.
MIRACL Trust is a PSD2 compliant multi-factor solution for both authentication and transaction signing that runs natively on any device without downloads. It's GDPR friendly since no user data is stored or needed to integrate with any other identity or service platform. MIRACL’s global portfolio of clients includes Credit Agricole, Cashfac, Experian and Domino’s Pizza. MIRACL’s technology is licensed to the US Government, Intel, Google and Microsoft.
For more information, please contact:
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Fountain
Retail Job Seekers Expect Quicker Job Offers a Clear Career Path
Companies that provide applicants with offers in less than seven days increase the hiring rate by 80%
June 6, 2022 (SHOPTALK EUROPE) – Today’s retail job seekers expect a job offer in days – not weeks – and higher pay is not the only motivation to stay at a job.
“Simplifying, optimizing, and automating as much of the candidate journey as possible increases the likelihood you’ll meet your hiring goals,” says Sean Behr, CEO of Fountain, a recruitment tech platform used globally to hire three million hourly workers each year by companies like John Lewis & Partners, deliveroo, Flink and Just Eat Takeaway.
Fountain recommends that retailers pursue the following four strategies to better compete in today’s hiring climate.
Quicker Job Offers Yield More Retail Hires
Retail organizations that can present job offers in less than seven days yield 80% more hires on average than organizations with longer timelines, according to recent research done by Boston Consulting Group.
The best candidates looking for work are applying to multiple positions, and the employer presenting jobseekers with their first offer is more likely to win that talent. What’s more – each day removed from the hiring process improves that rate.
Flexible Hours are Key for Retail Worker Retention
Flexible schedules are imperative to supporting and retaining retail employees. While many members of a retail workforce may be full-time employees, those working on a part-time basis may have other responsibilities that require a flexible schedule. For instance, working parents may need to come in early to take their child to a dentist appointment, while working students may need to come in late so they have enough time to finish up their final papers.
“Whatever the case may be, try to accommodate the busy schedules of your retail employees to ensure that they have the flexibility they need to continue working at your company,” says Behr.
Career Path is Important to Retail Workers
Make sure retail workers can see a long-term future at your company by building clear and attainable career paths.
In addition to regularly scheduled one-on-one meetings, retail managers should take time to chat with their employees quarterly to understand how their workers would like to grow in their careers. Maybe one cashier would love to become a store manager one day, while another may want to move into a corporate role at your retail company. Regardless, help your employees devise a clear plan of how they can get where they want to be at your organization. If employees can’t see an achievable future at your company, they will not be inclined to stick around.
Offer Higher Pay or Unique Benefits
With more and more retail organizations raising their hourly wages for frontline employees, it’s no longer enough just to offer competitive pay. Additionally, you must consider building out a more comprehensive retail benefits package to encourage your employees to stay.
In addition to standard benefits like medical and dental insurance, also consider adding a few unique benefits to differentiate your retail company from the pack. For instance, offering employees tuition assistance and stock grants will encourage you workers to stay, as they won’t be able to secure the same perks elsewhere.
“With staggering numbers of retail employees leaving their roles every single day, it’s high time for businesses to implement strong retention strategies,” says Behr.
About Fountain
Fountain’s all-in-one high-volume hiring platform empowers the world’s leading enterprises to find and hire the right people through smart, fast, and seamless recruiting. Candidates can apply anytime, anywhere in minutes, right from their phone. Automated and customizable processes streamline the candidate experience and save time for recruitment teams so they can scale with growing hiring needs. Advanced analytics provide end-to-end process visibility so managers can make swift, data-driven decisions. Throughout the candidate journey, the openly integrated platform enables companies to find, qualify and convert more applicants. Fountain's global customers hire over 3 million workers annually in 78 countries.
For more information, please contact:
Mr. Peter Brooks
Media
peter.brooks@siftpr.com
+1 415-425-4225
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ZineOne
New Survey Finds UK and EU Marketers Challenged with Data Privacy, Need Tools to Convert the 80-90% of Anonymous Site Visitors. Majority of Marketers Agree Their Companies Offer Too Many Sitewide Giveaways.
Milpitas, CA, June 1, 2022 –- ZineOne, the real-time marketing platform that provides enterprises with in-session personalisation and relevant online shopping experiences for anonymous visitors, today announced surprising findings from a privacy impact survey conducted with senior-level marketers across the United Kingdom and Europe.
The blind survey of marketers, conducted in early May 2022, included 400 organisations ranging in size from 500 employees to more than 5000 in the UK, Germany, Austria, Switzerland, Spain, and the Netherlands. A key finding revealed that data privacy is one of the biggest obstacles keeping marketers from reaching their annual customer acquisition and conversion goals. Results show that between 80 and 90 percent of visitors to their sites are anonymous.
More than 55 percent of respondents have “acquisition of new customers” as a top business goal; this represents an ongoing challenge since net new customers are inherently anonymous in nature. When presented with a list of the concerns ranked from most important to least among those polled: “Staying in compliance with data privacy regulations,” was the biggest concern, “adapting to consumers’ personalisation expectations” was second; “building a 360-degree customer view” was third, followed by “engaging anonymous web traffic.”
Other key findings in the survey include:
● 44% of respondents feel that they are currently offering too many giveaways. This has a direct negative impact on profitability and dilutes the value of bringing in new customers. Unnecessary giveaways for visitors already intent on buying reduce revenue and narrow margins.
● 43% of respondents think they have too many sitewide offers. Real-time buyer intent signals are helpful to understand when offers should be made or withheld.
● 35% of marketers say they have deployed machine learning and artificial intelligence technologies.
● 40% of respondents are in the process of deploying machine learning and AI.
● 33% want to use more AI and machine learning.
Milpitas, CA, June 1, 2022 –- ZineOne, the real-time marketing platform that provides enterprises with in-session personalisation and relevant online shopping experiences for anonymous visitors, today announced surprising findings from a privacy impact survey conducted with senior-level marketers across the United Kingdom and Europe.
The blind survey of marketers, conducted in early May 2022, included 400 organisations ranging in size from 500 employees to more than 5000 in the UK, Germany, Austria, Switzerland, Spain, and the Netherlands. A key finding revealed that data privacy is one of the biggest obstacles keeping marketers from reaching their annual customer acquisition and conversion goals. Results show that between 80 and 90 percent of visitors to their sites are anonymous.
More than 55 percent of respondents have “acquisition of new customers” as a top business goal; this represents an ongoing challenge since net new customers are inherently anonymous in nature. When presented with a list of the concerns ranked from most important to least among those polled: “Staying in compliance with data privacy regulations,” was the biggest concern, “adapting to consumers’ personalisation expectations” was second; “building a 360-degree customer view” was third, followed by “engaging anonymous web traffic.”
Other key findings in the survey include:
● 44% of respondents feel that they are currently offering too many giveaways. This has a direct negative impact on profitability and dilutes the value of bringing in new customers. Unnecessary giveaways for visitors already intent on buying reduce revenue and narrow margins.
● 43% of respondents think they have too many sitewide offers. Real-time buyer intent signals are helpful to understand when offers should be made or withheld.
● 35% of marketers say they have deployed machine learning and artificial intelligence technologies.
● 40% of respondents are in the process of deploying machine learning and AI.
● 33% want to use more AI and machine learning.
Additionally, the survey asked “What do you anticipate will be your biggest obstacle to reaching your business goal over the next 12 months?” respondents listed “Data privacy-related challenges,” “Supply chain / Inventory challenges” and “Inflation-related challenges” as their top answers, which puts further pressure on them as marketers that feel they already give too much away.
“The findings in the survey reaffirm what we are hearing from customers; they feel they lose sales to anonymous visitors because they can’t predict their behaviour, and are concerned with their inability to reach these shoppers in a privacy-first world,” said Debjani Deb, co-founder, and CEO of ZineOne. “Our first and foremost concern has always been creating a platform that respects privacy, while also increasing sales and improving conversion rates through insight, customer engagement, and in-session, personalised incentives based on predictable outcomes.”
To learn more about ZineOne, visit them at ShopTalk Europe June 6-8, 2022, ExCel London, booth #M36, and attend Debjani Deb’s speaking session “In-Session Personalisation: How to make every visit count” on Tuesday, 7 June 2022 at 11:20 am local time in the Tech Startup track;or visit zineone.com.
About ZineOne On average, up to 90% of website traffic is anonymous. In today’s privacy-first world it's imperative for leading brands to find new methods to engage consumers while they are on your digital property. ZineOne is the only Real-Time Marketing Platform that intelligently scores behaviour and personalises the experience of every site visitor at the moment, while on your website or mobile app, at scale - regardless of whether the visitor is anonymous or known. Top brands across retail, e-commerce, travel, hospitality, telecom, and banking are able to engage anonymous traffic with industry-specific AI models that predict buyer intent within 5 clicks and personalise the consumer experience within milliseconds. Leading brands like Ashley Furniture, Men's Wearhouse, Wynn Resorts, and Kohl's increase site engagement and increase revenue from anonymous traffic.
“The findings in the survey reaffirm what we are hearing from customers; they feel they lose sales to anonymous visitors because they can’t predict their behaviour, and are concerned with their inability to reach these shoppers in a privacy-first world,” said Debjani Deb, co-founder, and CEO of ZineOne. “Our first and foremost concern has always been creating a platform that respects privacy, while also increasing sales and improving conversion rates through insight, customer engagement, and in-session, personalised incentives based on predictable outcomes.”
To learn more about ZineOne, visit them at ShopTalk Europe June 6-8, 2022, ExCel London, booth #M36, and attend Debjani Deb’s speaking session “In-Session Personalisation: How to make every visit count” on Tuesday, 7 June 2022 at 11:20 am local time in the Tech Startup track;or visit zineone.com.
About ZineOne On average, up to 90% of website traffic is anonymous. In today’s privacy-first world it's imperative for leading brands to find new methods to engage consumers while they are on your digital property. ZineOne is the only Real-Time Marketing Platform that intelligently scores behaviour and personalises the experience of every site visitor at the moment, while on your website or mobile app, at scale - regardless of whether the visitor is anonymous or known. Top brands across retail, e-commerce, travel, hospitality, telecom, and banking are able to engage anonymous traffic with industry-specific AI models that predict buyer intent within 5 clicks and personalise the consumer experience within milliseconds. Leading brands like Ashley Furniture, Men's Wearhouse, Wynn Resorts, and Kohl's increase site engagement and increase revenue from anonymous traffic.
For more information, please contact:
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EDITED
EDITED Names Doug Kofoid CEO as the Company Continues Its Rapid Growth
New CEO Kofoid brings experience with scaling B2B SaaS companies and proven leadership skills. Recent investment in EDITED will fuel further acceleration of EDITED’s growth with resources focused on expanding its retailtech AI-driven solutions.
EDITED, the global leader in Retail Intelligence and AI-driven data insights, today announced that Doug Kofoid has joined the company as its new CEO. Kofoid’s experience leading high-growth B2B SaaS companies and AI-driven solutions will be integral as EDITED continues to scale.
Kofoid is joining EDITED during a period of strong growth for the company. In 2021, the company grew ARR by over 100% through client acquisition and platform expansion, offering both Market Intelligence and Enterprise Intelligence. EDITED works with the world’s top apparel and footwear brands and is expanding verticals into homegoods, beauty, and home improvement retail. The value to global brands and retailers from EDITED’s technology has accelerated post-pandemic with the growth of digital commerce and challenges from supply chain disruptions and turbulent market conditions.
“Under the leadership of its co-founders Geoff Watts and Julia Fowler, EDITED’s AI-driven analytics have resonated strongly with global brands seeking to grapple with the complexities of modern retail, fuelling accelerated growth,” said Karen McCormick, Chief Investment Officer, Beringea and EDITED board member. “We are confident that Doug’s ability to blend product and technology strategy with a hands-on leadership style will continue to drive the growth mindset and operational rigour EDITED is known for.”
Geoff Watts, EDITED co-founder, and board member added, “Julia and I are excited to welcome Doug and are confident in his leadership. We’re sure he will foster and grow the team and expand the vision that underpins EDITED’s success.”
As CEO, Kofoid will be dedicated to scaling EDITED further, including bringing the company’s technology to new markets and strengthening EDITED’s retailer and brand partnerships.
Kofoid is a proven leader in AI-driven B2B technology. Most recently, Kofoid served as the CEO and board member at DialogTech, an AI-powered conversion intelligence and analytics solution for marketers. Before being named CEO in Feb. 2018, Doug served as the COO, where he led the company's transition towards AI-driven conversation intelligence. Previously, Kofoid also held senior leadership roles at Publicis Groupe and DoubleClick/Performics. Through his unique experiences, Kofoid has developed a passion for leading exceptional teams and technology by promoting collaboration, accountability, and innovation.
“Joining the talented team at EDITED and building on the company’s impressive growth presents an incredible opportunity,” said Kofoid. “EDITED’s SaaS platform for Retail Intelligence and AI-driven analytics supports the most innovative global consumer brands as they navigate today’s unique challenges. I am passionate about AI technology and I see tremendous potential for EDITED as it continues to invest in creating new solutions.”
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To learn more about EDITED’s AI-driven Retail Intelligence solutions, visit www.edited.com.
About EDITED
EDITED is the global leader in Retail Intelligence. We help retailers increase margins, grow revenues competitively and drive better outcomes through AI-driven Market and Enterprise Intelligence on the Connected Commerce Cloud. By connecting business analytics and external market data, the world’s best global brands depend on the EDITED products and services to make better data-backed decisions, analyze trends and expedite insights into action. For more information, visit www.edited.com.
For more information, please contact:
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commercetools
Co-founder & Chairman of the MACH Alliance, Kelly Goetsch, promotion
commercetools is pleased to announce the promotion of Kelly Goetsch to be the company's first Chief Strategy Officer (CSO). Having served as Chief Product Officer (CPO) of commercetools for nearly six years, Goetsch and his team were responsible for building out commercetools' flagship product. As he steps into this new position, Goetsch will play a key role in building out the company's portfolio strategy and guiding overarching corporate and product strategy. With over 15 years of experience, Goetsch has been responsible for overseeing product management, product development, and large implementations. As a thought leader in the industry, Goetsch is chairman of the MACH Alliance and a board member of the National Retail Federation's Associate Member Council. He's also the author of four O'Reilly-published books discussing the intersection of commerce and technology.
Kelly Goetsch will be available for media interviews at Shoptalk Europe about 'The Future of Multi-Experience Commerce'.
Please get in touch with our PR agency, danielc@allisonpr.com, for interviews.
For more information, please contact:
Ms. Miisa Miisa
Marketing Manager - Northern Europe
+44 (0) 7895597705
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SCAYLE
SCAYLE Commerce Engine is introduced to the UK to help eCom businesses boost their Continental European market share with modern technology, international fulfillment, and local online marketing.
- Headless enterprise technology.
- International commerce operations.
- Data-driven online marketing.
- ONE commerce core.
The SCAYLE Commerce Engine is now also available to UK brands and retailers wishing to amplify their digital growth within the CEE market.
SCAYLE takes a unique approach to digital growth as it originates from one of the fastest-growing eCommerce companies in Europe: ABOUT YOU. The German fashion retailer is listed on the Frankfurt Stock Exchange and has scaled its growth massively in 26 markets since 2014. Therefore, SCAYLE customers do not only benefit from ABOUT YOU’s daily operational experience but also by taking advantage of the synergies it provides.
SCAYLE’s offer in a nutshell:
- Headless at the core: Flexible, modular API-first approach for a best-of-breed strategy
- Integrated ready-to-use feature set: Extensive capabilities like PIM, OMS, checkout, or a headless front end
- International fulfillment: Shipping to more than 100 markets and processing customer returns with already integrated carriers
- Localised customer service: Support in 25 languages fully adapted to brand experience
- Data-driven online marketing: Proven local strategies, attribution models, and influencer marketing
Combining modern, low-maintenance architecture with managed operation and marketing services allows SCAYLE to provide a truly unique ecosystem: While SCAYLE takes care of all the hygiene factors customers are used to from large commerce platforms, brands and retailers can focus on what differentiates them from the competition.
Sell more. Sell faster. Sell further.
About SCAYLE
SCAYLE is the B2B division of ABOUT YOU Holding SE and enables brands and retailers to build up an international D2C business with three service components: commerce technology, online marketing, and commerce operations. Leading brands like Marc O'Polo, Depot, The Founded, or Tom Tailor are already SCAYLE customers. By now, the SCAYLE Commerce Engine powers 100 online shops in 26 European countries. SCAYLE employs 400 people at its location in Hamburg. The managing directors are Tarek Müller, Sebastian Betz, and Hannes Wiese. Learn more at scayle.com.
For more information, please contact:
Michael Stevens
Head of Business Development UK
+44 77111 66813
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Retail Smart Guys, Inc.
Retail Smart Guys, the premier merchandise planning/open-to-buy provider for independent retail in 18 countries, is expanding its operations into Europe! We now have staff that is located in Europe, ready to help independent retailers with the industry's best forecasting tool, enabling them to plan their sales and optimize their inventory to achieve better cash flow and profitability. Contact us for more information, and for a free inventory analysis!
For more information, please contact:
Mr. Dan Jablons
President
dan@retailsmartguys.com
+1 818-720-2585
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Scaleflex
Scaleflex is now part of the MACH Alliance!
MACH Alliance is a not-for-profit industry body that advocates for open and best-of-breed enterprise technology ecosystems. Deemed "The Coolest Tech in Town Club" by Forrester, the prerequisites to achieve are Microservices based, API-first, Cloud-native SaaS, and Headless giving enterprises the confidence they are choosing best-in-class vendors that can deliver future-proof technology.
For more information, please contact:
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Skeep
Nokku is now Skeep - Rebranding + New product
Skeep Offering you even MORE channels for D2C engagement.
We’ve LOVED working with CPG and beauty brands on in-store campaigns. Now, we want to offer customers even more options for D2C engagement. This is why we’ve rebranded as Skeep. Skeep, is the only first-party data tool designed for CPG and beauty brands. We help you collect, own and leverage first-party data to drive
sales, revenue, and profits.
Everything about Skeep is designed for these industries' unique needs. We want to make it easy to create branded eCommerce experiences that support all of your acquisition and retention goals. So you can drive more revenue, uplift AOV, and boost the shopping experience. We're helping everyone from Enterprises like L'Oreal, Danone, and Nestle to indie brands like Maelys, Kiara, and Rite to use first-party data to optimize their products, marketing outreach, and eCommerce operations.
For more information, please contact:
+972545304832
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Oriient IndoorGPS
- Oriient, the company behind the world’s most advanced indoor location service, secured Series A funding to bring the user experience and data-driven insights of e-commerce to brick and mortar stores.
- Oriient introduces in-store location with the grocery delivery giant Instacart, to power navigation to products for their shoppers at hundreds of stores in North America.
- Oriient partners with Google, making indoor location services now available on Google Cloud’s Marketplace as an SDK for retailers’ mobile apps.
For more information, please contact:
Mr. Or Shin
CBO
+972544274447
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Absolute Web
New “Absolute Web” Office in Lisbon, to Grow Our European & Global Presence
As a part of our European and global growth strategy, we are excited to announce our new office in Lisbon, Portugal. Absolute Web seeks to have more presence in Europe to support clients in different time zones via development, marketing, and UI/UX services.
This new location is a significant milestone in Absolute Web’s global growth, and it is strategically placed between our US and EU offices, serving as a great collaboration hub for our solutions specialists, project managers, UI/UX designers, and digital marketers. We are excited to continue our unparalleled scope and reputation in Portugal, as we have in the United States. Portugal is a highly strategic global expansion market for Absolute Web, thanks to the tremendous reach and influence of eCommerce throughout Europe and the world.
For more information, please contact:
Mr. Sergiu Tabaran
COO
+001 3059987384
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