Microsoft partners with AiFi to launch Smart Store Analytics, a tracking service for cashierless outlets

News Summary

  • The average Go store generates an estimated $1.5 million in revenue a year (excluding days when they’re closed), according to RBC, while a regular convenience store of the same size brings in just over $1 million a year in sales.
  • The service also plots how long customers dwell in front of certain displays and the “unit sales-to-shopper height” ratio to help dial in on optimal shelf placements.It might sound like a lot of personal data Smart Store Analytics is collecting.
  • Smart Store Analytics shows how much customers shop, interact with products and move through aisles, displaying foot traffic as a heat map and tracking how much money each customer spends on average.
  • In partnership with AiFi, a startup that aims to enable retailers to deploy autonomous shopping tech cost-effectively, Microsoft today launched a preview of a cloud service called Smart Store Analytics.
  • The california-based company claims to be the world’s largest provider of autonomous shopping solutions with a platform that’s deployed in 100 retail spaces across North America, Europe, the Middle East, Asia and Australia.
  • “Honestly, there’s not a retailer out there who doesn’t want to reimagine the store experience, but until now it’s not really been possible.”Why’s Microsoft working with AiFi as opposed to rival startups like Sensei, Standard Cognition, Zippin, Grabango and Trigo?
In partnership with AiFi, a startup that aims to enable retailers to deploy autonomous shopping tech costeffectively, Microsoft today launched a preview of a cloud service called Smart Store Analyti [+4964 chars]