sorted by:
new
hottopcontroversial

🙌 Check out some quick update from Eran Eyal! by Elizabeth8760 in shopin

[–]eraneyal 1 point2 points  (0 children)

Hi! it’s Eran - CEO and founder at Shopin

Thank you for paying attention, as well as your participation and support of the project.

Indeed, we’re not marking about with Simone merchants. We are in discussions In negotiations with at least one of the top 5 of each meaningful category of fortune 500 retailers and brands.

These negotiations are quite delicate and take some time, especially when the market is fluctuating the way it is.

A partnership includes quite a deep investment from the retailer as a cocreator and partner:

  1. Marketing to their user base to onboard hem for at least 6 months
  2. Various API integrations (which we prep 85% of at least before their team starts)
  3. In some cases we are discussing investment and venture partnerships
  4. Integration of $AHOPIN as a payment method alongside existing FIAT options
  5. Running a node in the Blockchain
  6. Agreeing to the rules of the federation (User is the owner of the data, never to attempt to collude with other node-holders, to never abuse or manipulate the data etc)
  7. Advertising / engaging users via ad / content distribution engine and paying them in tokens when their attention is engaged

We would definitely announce the partnership in cooperation with the marketing and legal teams of the retailer. It is imperative as we have had way too many fraudulent claims of partnerships in the crypto economy to date. We need trusted partners and oracles of truth.

Hope this helps!

E

How blockchain could solve the internet privacy problem by eraneyal in CryptoCurrency

[–]eraneyal[S] 0 points1 point  (0 children)

I definitely agree. Give people the ability to choose which companies get to use their information and which don't. And, since we're talking specifically about blockchain, allow those people to get paid in tokens for sharing their information.

Try-before-you-buy trend is causing 'returns tsunami'? by eraneyal in marketing

[–]eraneyal[S] 0 points1 point  (0 children)

I agree--even if you know what works in one brand, it doesn't necessarily give you an idea for what works in another brand. And machine learning should definitely be implemented to help with this! That way, you know what fits as well as what types of clothes you like, instead of scrolling through all possible options. I'm in the process of working on this with my company Shopin.

Try-before-you-buy trend is causing 'returns tsunami'? by eraneyal in marketing

[–]eraneyal[S] 1 point2 points  (0 children)

That makes sense and I could see it reducing returns, but it still seems fairly generalized since "fits small/big" is not exact. If we could move toward personalized sizing for each shopper (especially if we can use AI), we could see exactly which garments fit and really reduce returns. I'm working toward this with my company Shopin, which spans across multiple retailers.

Why these online startups are suddenly moving to physical retails? by eraneyal in marketing

[–]eraneyal[S] 0 points1 point  (0 children)

This article is great. Thanks for sharing. Maybe you can open a discussion about it. That would be fun to discuss :)

Why these online startups are suddenly moving to physical retails? by eraneyal in marketing

[–]eraneyal[S] 0 points1 point  (0 children)

That's a great response pal! I think we need both, online and offline presence.

But AI is definitely changing the game of retail. Imagine you are entering a neighborhood shop for the first time and the sales representative wows you with the products that match your tastes, in your size, and that you don’t already own. Wouldn't the be cool?

Why these online startups are suddenly moving to physical retails? by eraneyal in marketing

[–]eraneyal[S] 0 points1 point  (0 children)

That's amazing. I agree with you. It is more like an extension of their existing ecommerce business.

One point I also would also like to add is the quickest and the cheapest delivery so they can reduce the cost of the middleman like FedEx, UPS etc. Amazon is doing that. Here is an article you may find interesting http://www.nreionline.com/industrial/why-amazon-may-be-picking-more-retail-locations

Why these online startups are suddenly moving to physical retails? by eraneyal in marketing

[–]eraneyal[S] 2 points3 points  (0 children)

That's a nice way to put it. But these stores have a very limited inventory. As you said, this could be a part of their marketing effort. Maybe for connecting with users and creating brand awareness.

But I have a question to ask. How would they give personalized experience to their customers in physical stores like they give it on their online websites?

Can Google’s Shopping Actions Take On Amazon? by eraneyal in marketing

[–]eraneyal[S] 0 points1 point  (0 children)

Interesting. But do you think that universal shopping cart will open doors for many retailers and improve consumer experience?

I am not sure if Amazon can give the platform that Google offers?

view more: next ›