'Boxed,' an online shopping tool that sells consumers wholesale products, is attempting to continually improve upon the consumer experience by offering SmartStockup, a data intake method that can predict when returning shoppers are about to run out of a specific product.
The awkward moment when one runs out of toilet paper usually happens when there isn't enough time to run to the store. To prevent these occurrences, SmartStockup will use its collected data to remind shoppers what products they'll need soon and what products they'll need now. If the engine correctly anticipated the restock, users can simply click and add the items to their cart. This virtual shopping assistant aims to make online shopping more streamlined and convenient than ever before.
Key Themes Behind This Trend
- Predictive Shopping Assistants
- Tools that predict when returning shoppers are about to run out of a specific product are disrupting online shopping.
- Data-driven Shopping
- SmartStockup's data intake method is revolutionizing the online shopping experience.
- Convenience-focused Shopping
- Virtual shopping assistants like SmartStockup are making online shopping more convenient and streamlined than ever before.
Where This Applies
- Retail
- Retailers can employ predictive shopping assistants to improve their customers' online shopping experience.
- E-commerce
- SmartStockup's data intake method is an opportunity for e-commerce companies to differentiate themselves and gain a competitive edge.
- Consumer Packaged Goods
- Predictive shopping assistants like SmartStockup can help CPG companies connect more directly with consumers and improve brand loyalty.
