The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
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Grabango Shuts Down: Is This the End of Camera-Based Checkout?
Manage episode 445895810 series 2106196
Inhoud geleverd door Omni Talk Retail. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Omni Talk Retail of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Grabango has officially shut down, marking a significant moment for the future of fixed-position camera-based automated checkout systems. The podcast discusses the implications of this closure, particularly in light of the fact that Grabango's technology, which was aimed at offering a checkout-free shopping experience, struggled to gain traction despite its innovative approach. Speakers analyze how the perceived value of simply walking out of a store without checking out may not be enough for consumers to choose such technologies over more established solutions. They also emphasize a shift in retail technology investments towards more cost-effective options like in-store robotics, which could lead to a decline in interest for just walk-out systems. As the conversation unfolds, they reflect on recent trends in the industry, including Amazon's own setbacks with similar technologies, suggesting a broader reevaluation of the automated checkout landscape. Takeaways: Grabango has permanently ceased operations, highlighting challenges in automated checkout technology. The shutdown of Grabango raises questions about the viability of camera-based checkout systems. Retailers may prioritize lower-cost solutions like robotics instead of complex camera systems. The trend towards in-store robotics is expected to intensify following Grabango's exit from the market. Amazon's criticisms of its own just walk out tech suggest a broader industry reevaluation. Retailers are focusing on technologies that directly impact their core business and profitability. Companies mentioned in this episode: Grabango Aldi Amazon Instacart Sam's Club Thanks to the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital for making this episode possible For the full episode head here: https://youtu.be/T_30gGTzlZ4
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1389 afleveringen
Manage episode 445895810 series 2106196
Inhoud geleverd door Omni Talk Retail. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Omni Talk Retail of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Grabango has officially shut down, marking a significant moment for the future of fixed-position camera-based automated checkout systems. The podcast discusses the implications of this closure, particularly in light of the fact that Grabango's technology, which was aimed at offering a checkout-free shopping experience, struggled to gain traction despite its innovative approach. Speakers analyze how the perceived value of simply walking out of a store without checking out may not be enough for consumers to choose such technologies over more established solutions. They also emphasize a shift in retail technology investments towards more cost-effective options like in-store robotics, which could lead to a decline in interest for just walk-out systems. As the conversation unfolds, they reflect on recent trends in the industry, including Amazon's own setbacks with similar technologies, suggesting a broader reevaluation of the automated checkout landscape. Takeaways: Grabango has permanently ceased operations, highlighting challenges in automated checkout technology. The shutdown of Grabango raises questions about the viability of camera-based checkout systems. Retailers may prioritize lower-cost solutions like robotics instead of complex camera systems. The trend towards in-store robotics is expected to intensify following Grabango's exit from the market. Amazon's criticisms of its own just walk out tech suggest a broader industry reevaluation. Retailers are focusing on technologies that directly impact their core business and profitability. Companies mentioned in this episode: Grabango Aldi Amazon Instacart Sam's Club Thanks to the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital for making this episode possible For the full episode head here: https://youtu.be/T_30gGTzlZ4
…
continue reading
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