Background

Innovating Ways to Modernize Convenience Store Shopping

The Times… They Are ‘a-Changin’

In 2019, consumers spent $602 billion online with U.S. merchants—an increase of 15% from the previous year

  • At the same time, the number of brick-and-mortar locations has decreased by 2% since 2017

  • In fact, retailers announced plans to close more than 9,300 stores in 2019, smashing the record of 8,300 store closings in 2017

closing

However…Convenience Stores Are Weathering the Storm!

C stores are one of the few categories that simply do not lend itself to e-commerce—even during a pandemic

cstore

Time Is of the Essence—ShopMart-U Is the Answer

When you want to spend even less time out and about, even 3 minutes and 33 seconds may be too much when you are in the company of those who are not practicing social distancing

ess

A recent study conducted by L.E.K Consulting revealed that because of COVID-19, 63% of consumers are using debit/credit cards to avoid handling cash and 59% are using self-checkout to avoid interaction with cashiers

The Emergence of New Payment Methods Means New Opportunities for C Stores ShopMart-U is 100% mobile payment.

Across all attributes, consumers would rather use mobile payments than credit/debit card while in-store

pay

ShopMart-U introduces its Retail Frictionless Technology Solution

Frictionless Technology is the combination of Computer vision, edge technology and sensor fusion. The process is synthesized to give the customer a checkout free (frictionless) shopping experience

Our technology solution gives the Retailer the ability to operate a store without accepting cash and requiring any staff to operate the daily activities that a conventional retail store would mandate

CUSTOMER FRIENDLY

  • No Biometric data/facial recognition
  • 24/7 monitoring group for quick resolutions
  • Fully accurate system in ID product purchase
  • Multi people at same time shopping capability with ease
pexels-sam-lion-5710142

CUSTOMER SAFETY

  • Social distance monitoring
  • No contact shopping
  • Retailer prepared for post Covid scenarios
  • No standing in lines – customer flow increases
pexels-tim-douglas-6567212

LOWER COST OWNERSHIP

  • EBITDA is higher due to dramatic reduction in overall costs
  • Greatly reduces shoplifting and vendor losses

SYSTEM ENHANCES RETAILER’S ABILITY TO MANAGE REMOTELY

  • Cloud based - Managed from all your devices
  • Leveraging The Technology Platform For Ordering Items
  • Deep understanding and analytics of your customer
pexels-ivan-samkov-7621136