Shopin announcement: Our first product, The Retail Intelligence Data Engine is live and in testing. Thank you for you support!
THE RETAIL INTELLIGENCE DATA ENGINE IS LIVE!
It’s an exciting time. Our first product is live! R.I.D.E. (The Retail Intelligence Data Engine) was launched recently, and is live and being pitched in potential partnerships with warm reception. What is R.I.D.E.? Think of it as the analytics backend of Amazon for the entire retail web.
Incredible retail giants like Amazon and Alibaba enjoy a purchase data ecosystem and artificial intelligence tools that they built their business on from the ground up. They leverage an unfair advantage gained from these unique insights due to having so many retailers and brands in one purchase data ecosystem.
They know which products (bought with recommendations) are most likely to be bought by shoppers with other products… right through to being able to predict the effect of removing products from their catalogue and the potential catastrophic knock-on “cripple” effects on the sales of products shoppers buy with those removed products.
In the rest of the retail world, retailers don’t share purchase data with one another as they see each other as competitors. As a result they have never been able to realize the value of these critical insights… until now. Enter the world of R.I.D.E. As our team builds out the components of a distributed/ decentralized Amazon, we realized that we had already built some of the core requirements for this exciting product, thanks to the efforts and insight of our talented CTO Georgi Gospodinov.
What powers R.I.D.E.? (2 provisional patents in place!)
- 3+ Billion transactions
- 2+ Million SKUs
- 2,650+ Retailers
- 56,000+ Brands Proprietary NLP and visual artificial intelligence
Learn more about R.I.D.E. page
Download the PDF
Onwards and upwards!
The Shopin team
TOKENSWAP UPDATE
Shopin and Blockwell have swapped out more than 70% of the distributed tokens. We are due to release a dAPP to serve the rest of you soon. If you haven’t swapped yet, you can ask questions at this Telegram group:
UPCOMING TEAM ANNOUNCEMENTS
NEW ADVISORS TO BE ANNOUNCED! Stay tuned! We will be revealing information very soon. Follow us on Medium to get the news first.
DEMO AND AMA
Join Shopin’s CTO Georgi Gospodinov and founder Eran Eyal presenting a demo of R.I.D.E. in the next two weeks, or sooner. We will also be announcing the dates for an upcoming AMA to address burning community questions.
SHOPTALK // FITFORCOMMERCE
Last week our team was at ShopTalk, (the biggest retail event in the USA) where we partnered with FitForCommerce. We enjoyed many exciting meetings and warm reception from the retail community, and are in the process of setting follow-up meetings.
ARTIFICIAL INTELLIGENCE FOR RETAIL
ONBOARDING GAMES VISUAL A.I.
Shopin are building some best-in-class white label onboarding experiences and visual artificial intelligence tools for the retail industry 3.0.
- Visual A.I. to recognize products
- Verified shopper preferences via onboarding experiences
- Whitelabelled for each retailer
Watch Demo
