4 Major Grab ‘n Go Solutions
Let’s move on to new frontiers.
Lenovo opened a cashier-less store in Beijing
Entire purchasing process without a single person-to-person interaction.
Lenovo recently opened a cashless store equipped with artificial intelligence and face recognition in Beijing, China. Buyers enter the Lenovo Lecoo Unmanned Store pilot using facial recognition software. After entering the store, they can pick up the required items (mainly small snacks) and then leave the store again. Lenovo’s AI system then issues an invoice based on the customer’s profile. The entire purchasing process takes place without a single person-to-person interaction.
Lenovo sets it’s footprint into this new market segment besides Amazon Go, Walmart’s Sams Club Now, JD and Alibaba.
The 4 Major Cashierless Solutions
Let’s have a look at the four major cashierless solutions sofar.
Alibaba’s Grab-and-Go Shop on Campus
Amazon Go
Sam’s Club Now
Looks like they hired the same model like Amazon :-)
JD.ID X-in Jakarta
For me look Amazon Go and Alibaba as the most promising solutions so far. Why? They are offering a seamless integration of their mobile platforms. You just enter with your smartphone — scan of a QR-code/facial recognition check — and walk out with your stuff and you have payed already. You don’t need a virtual checkout and confirming your purchase like at Sam’s Club Now and JD.ID-X. It’s Grab ‘n Go.
In July Alibaba launched in corporation with Guess an AI concept store in Hong Kong. There is a great feature about it from abacusnews:
US and China leading what about Germany?
This spring, the Media-Saturn Group tested a completely cashless store in Innsbruck for several months. In spring, the Group tested a completely cashless store in Innsbruck for several months. It was the first store of the largest European electronics retailer where customers could pay their bills exclusively by mobile phone. Martin Wild, Chief Innovation Officerr, underlined: “We had very good customer feedback.
I would love to see such solutions here in Germany. For sure there are a lot of early adopters in the market for cashierless solutions. If you look broader at the broader German consumer behaviour: Germans tend to think 10 times if they by a high value product or adopt new tech like RFID payment solutions with credit cards or like Apple Pay. Germans are more concerned about privacy and the possible fraud issues coming with new the digitalization.
Let’s move on to new frontiers. Fearless, fresh, meaningful.
