nuviz offers an AI-powered analytics platform for physical retail, using computer vision to track shopper behavior and inventory in real-time. It provides actionable insights to prevent stockouts, optimize staff performance, and improve the in-store customer journey, ultimately driving sales growth.
Funding
$75K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Physical retail stores struggle to gain granular visibility into shopper behavior and inventory levels, leading to missed sales opportunities and inefficient operations. Traditional methods for tracking customer interactions and stock availability are often manual, time-consuming, and lack real-time accuracy.
Solution
nuviz provides an AI-powered analytics platform designed to enhance physical retail performance. The system leverages computer vision and advanced analytics to monitor the complete shopper journey, from product interaction to purchase. It offers real-time alerts for stockouts and tracks staff effectiveness, enabling store managers to optimize operations and improve customer engagement. By analyzing key performance indicators across the sales funnel, nuviz delivers actionable insights to increase trade marketing return on investment and drive overall sales growth.
Target Audience
The primary customers are physical retail businesses, including convenience stores and larger retail chains, seeking to optimize in-store operations and increase sales performance.
Features
- AI-driven shopper monitoring using computer vision to track impressions, views, SKU pickups, returns, and purchases.
- Real-time stockout prevention alerts triggered by low inventory levels.
- Staff effectiveness tracking to monitor employee productivity and optimize task allocation.
- Joint Business Plan (JBP) management to ensure contract execution at the point of sale.
- Analysis of customer interaction time with SKUs and customer emotion detection.
- Seamless integration capabilities with existing checkout, CRM, and inventory management systems.
- Cloud-based infrastructure leveraging NVIDIA hardware and computer vision technology.