Tango Eye

About Tango Eye

Tango Eye transforms existing CCTV systems into a retail analytics tool using artificial intelligence and computer vision technology to accurately measure foot traffic and identify missed sales opportunities. This solution enables retailers to enhance conversion rates by providing precise data on customer behavior and store performance without the need for additional hardware.

```xml <problem> Many brick-and-mortar retailers struggle to accurately measure in-store traffic, understand customer behavior, and identify missed sales opportunities, hindering their ability to optimize store performance and improve conversion rates. Traditional methods like manual counting or hardware-based sensors often lack accuracy and fail to provide comprehensive insights into the shopper journey. </problem> <solution> Tango Eye offers a retail analytics solution that transforms existing CCTV systems into a powerful tool for measuring foot traffic and understanding customer behavior. By leveraging AI and computer vision, the platform accurately tracks footfalls, differentiates between engaged shoppers and casual visitors, and identifies demographic information such as age and gender. Tango Eye provides insights into zone-specific traffic, dwell times, and heatmaps, enabling retailers to optimize store layouts and product placement. The platform also tracks missed sales opportunities, providing visibility into the sales funnel and helping retailers understand why potential customers leave without making a purchase. </solution> <features> - Accurate footfall measurement, excluding store staff and accounting for multiple entries. - Identification of engaged shoppers versus casual visitors. - Demographic analysis, including age and gender recognition. - Zone-specific data on traffic, dwell time, demographics, and heatmaps. - Sales funnel analysis, segmenting walk-ins into bounced, missed opportunities, and converted customers. - Infrastructure monitoring to track network and camera downtime. - Integration with existing CCTV systems, eliminating the need for additional hardware. - Customizable dashboards and reports for actionable insights. </features> <target_audience> Tango Eye primarily targets brick-and-mortar retailers looking to improve store performance, optimize conversion rates, and gain a deeper understanding of customer behavior through AI-powered analytics. </target_audience> ```

What does Tango Eye do?

Tango Eye transforms existing CCTV systems into a retail analytics tool using artificial intelligence and computer vision technology to accurately measure foot traffic and identify missed sales opportunities. This solution enables retailers to enhance conversion rates by providing precise data on customer behavior and store performance without the need for additional hardware.

Where is Tango Eye located?

Tango Eye is based in Chennai, India.

When was Tango Eye founded?

Tango Eye was founded in 2018.

How much funding has Tango Eye raised?

Tango Eye has raised 671700.

Location
Chennai, India
Founded
2018
Funding
671700
Employees
75 employees
Major Investors
Lenskart

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Tango Eye

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Executive Summary

Tango Eye transforms existing CCTV systems into a retail analytics tool using artificial intelligence and computer vision technology to accurately measure foot traffic and identify missed sales opportunities. This solution enables retailers to enhance conversion rates by providing precise data on customer behavior and store performance without the need for additional hardware.

tangoeye.ai7K+
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Crunchbase
Founded 2018Chennai, India

Funding

$

Estimated Funding

$500K+

Major Investors

Lenskart

Team (75+)

No team information available.

Company Description

Problem

Many brick-and-mortar retailers struggle to accurately measure in-store traffic, understand customer behavior, and identify missed sales opportunities, hindering their ability to optimize store performance and improve conversion rates. Traditional methods like manual counting or hardware-based sensors often lack accuracy and fail to provide comprehensive insights into the shopper journey.

Solution

Tango Eye offers a retail analytics solution that transforms existing CCTV systems into a powerful tool for measuring foot traffic and understanding customer behavior. By leveraging AI and computer vision, the platform accurately tracks footfalls, differentiates between engaged shoppers and casual visitors, and identifies demographic information such as age and gender. Tango Eye provides insights into zone-specific traffic, dwell times, and heatmaps, enabling retailers to optimize store layouts and product placement. The platform also tracks missed sales opportunities, providing visibility into the sales funnel and helping retailers understand why potential customers leave without making a purchase.

Features

Accurate footfall measurement, excluding store staff and accounting for multiple entries.

Identification of engaged shoppers versus casual visitors.

Demographic analysis, including age and gender recognition.

Zone-specific data on traffic, dwell time, demographics, and heatmaps.

Sales funnel analysis, segmenting walk-ins into bounced, missed opportunities, and converted customers.

Infrastructure monitoring to track network and camera downtime.

Integration with existing CCTV systems, eliminating the need for additional hardware.

Customizable dashboards and reports for actionable insights.

Target Audience

Tango Eye primarily targets brick-and-mortar retailers looking to improve store performance, optimize conversion rates, and gain a deeper understanding of customer behavior through AI-powered analytics.

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