vtx presents prp-snapbuy & frp-2ndscreen 201512
TRANSCRIPT
SnapBuyProductRecognitionPlatform
CONSUMER BEHAVIOR
IS CHANGING
HOW DO YOU...
REALIZE THE CHANGE?
POPE’S SUCCESSION2005
POPE’S SUCCESSION2013
Exame Magazine | Feb, 2014 “All power to Consumer”
40% of all American retail sales are already influenced by digital channels, specially smartphones (expected 60% in 2017)
Consumer has now power and information, literally “in their hands”
The retailers challenge is to integrate their brick and mortar, e-commerce and mobile operations
CONSUMER BEHAVIORIS CHANGING
PROBLEMMOBILE SEARCH IS AWFULTyping a query is tuff...
The merchant loses the sale
Consumer knows what they want to
buy, but doesn’t know where to find it
A lot of steps are taken until the
product is finally found
The consumer wastes time and loses the will to buy
OUTCOME
with your phone?
...you could justWhat if...
point shoot b u y,
?
i n s tan t l y,
O U R S O LU T I O NTAKE A PICTURE
IT’S WORTH A THOUSAND WORDS
FROM PICTURE TO PURCHASE
JUST AFEWCLICKS
1Consumer opens the merchant’s app and takes a picture of the desired product
2Based on the picture,
the app finds the exact product and
shows similar ones
3Consumer views details of desired product and proceeds to check-out
Consumer logs in and confirms the sale
HOW DOES IT WORK?
S n a p B u y : Product Recognition PlatformUsing three different technologies plus a face recognition algorithm and the largest catalog of products in Latin America, the platform searches for the exact match.The more customers use the platform the more accurate it gets (Machine Learning).
OR (Object Recognition) &
OCR (Optical Character Recognition)
Image Gridding Process
Vectorization (Image tracing)
LOYALTY PROGRAM SUPPORT
SnapBuy Solution can be integrated to loyalty programs to
increase salesConsumer can be identified before
check-out and the issuer or merchant can offer special and customized promotions to their
clients
2nd ScreenFastRecognitionPlatform
Access extra contents by pointing the app camera to a real product on store shelf or even to a product printed ad and promotion material.
AUGMENTED REALITY: 2nd SCREEN
OF REAL LIFELabels: The food industry could use product labels
recognition to identify and compare nutricional data..
Ads: Recognize products advertised in magazines, flyers, billboards and other offline media effortst o easy the path to purchase.
Price Tags:
Use tags in store to activate image recognition usage and drive users to get special deals and offers with it.
Extras: Every enterview you read in a magazine has a bunch of extra materials that you could take a peek, using the app camera to identify the extended content.
1Just point app camera
to an ad on newspaper and watch
the magic of second screen
happens
FEATURES & BENEFITS
Product Recognition PlatformProduct search and price comparison through image recognition, optimizing the purchase experience and improving sale conversion
Shorter Path to PurchaseAllows users to select and buy products in a simple and quick new fun way
Loyalty Program SupportConsumer can be identified before check-out and access special and customized offersChannel integration Integrated stocks, letting the consumer decide where to shop and where to pick up the product
Product InformationMerchant’s app can provide additional product description to improve consumer experience
W H Y A D O P T SNAPBUY SOLUTION? 1Is an
innovative solution
2Mobile devices are personal, computers are shared
3Possibility to offer an exclusive service for clients, enhancing loyalty
4New sales channel (as a sales rep), 24 X 7, increasing revenue
5Mobile apps differentiation is a worldwide trend
Thank [email protected] 3862-2635 | 11 99560-0661