Popspots is modernizing the retail checkout with AI-powered technology that helps brands and retailers drive awareness, engagement, and conversion -- directly at the point of purchase. Popspots’ smart checkout displays combine video advertising with a product management platform to better capture the mind and wallet share of U.S. consumers who spend 98% of their grocery dollars in physical stores. With actionable reports and access to both current and historical performance, brands and retailers can make data-driven decisions that deliver immediate, impactful value.
Out-of-stock product and planogram compliance are major issues for grocers and brands alike, accounting for 8-14% of lost sales at the front-end. Popspots solves these by alerting grocers to issues at they arise and following up to ensure the problems are corrected.
We're also working hard to drive sales and improve the customer experience at checkout. Our video advertising increases last-minute impulse purchasing and decreases perceived wait time.
About the Company
Popspots technology is already used by many of today’s leading brands and grocers including Red Bull, Pepsi, and Hy-Vee, and can be found in more than 200 stores across the United States. Founded in 2016, Popspots is headquartered in Austin, TX. For more information, visit www.getpopspots.com.
CART Registered Due Diligence:
First level due diligence ensuring the solution is valid and viable.