IoT is one of the fastest growing technologies these days. IoT is transforming the world of retail. Lots of stores around the world are already using IoT. According to estimates from Grand View Research, retail IoT could be a $94 billion market by 2025. IoT can decrease inventory errors, make the most efficient use of supply chain management, and reduced labor costs.
Business Overview
Our client Stark hired us to develop an IoT application for automated and smart checkout by setting up a system to read tags on each item when a customer leaves the store.
Additionally, our client wanted to use IoT to track items a customer has been looking at online, and send that customer a personalized discount when he’s in store.
We walked their journey along with them and achieved their dream in the form of an IoT based smart checkout App – The one and only custom smart tool you’ll ever need for your store.
The Challenge
One difficult task was to incorporate IoT devices into their day-to-day business, which requires creativity, anticipation and foresight.
Creating an automated checkout system using IoT devices to save a lot of money and reduce cashier staff requirements by 75%
Another challenging task was to leverage sensors like beacons to create a more engrossing in-store shopping experience with beacon powered apps, sensor-based asset tracking, interactive digital signage screens and connected mobile shopping apps.
Our Approach
We started working on this project since October 2018. We wanted to create a checkout system using IoT that tally the items up and automatically deduce that cost from the customers’ mobile payment app. We also wanted to reward frequently returning customers for their loyalty. We also introduced Beacons, a small Bluetooth devices that send alerts to smartphones based on location proximity for customers to receive a discount on special events, or other reminders when they’re near a shop and have previously downloaded the store’s app
This is how we overcame challenges
Simple UI & Interactive UX
Minimal possible components to build an easy-to-operate interface and excellent coding to connect different screens
IoT Based Data Management
Understand the needs of users and predict customer buying behavior for product planning
IoT Based Digital Asset Tracking
Track assets, orders through the supply chain in real-time and facilitate optimized inventory management
Locating accuracy
Enhanced user experience by allowing them to accurately locate nearby hospitals and clinics
Seamless IoT Integration
Minimize risks of due payments in insurance and other such fee payments with real-time notifications
Data security
Complete security of user information including protection from malware and the activities of crackers and other criminals
About App
Scepter is a smart checkout app where, with the help of IoT, you can set up a system to read tags on each item when a customer leaves the store. A checkout system would then tally the items up and automatically deduce that cost from the customers’ mobile payment app.
By using Beacon technology customers can receive discounts on special occasions , or other reminders when they’re near a shop and have previously downloaded the store’s app.
This smart checkout app also recognizes which area of the store you’re in; so if you’ve entered the makeup section, the app will remind you of the makeup brands you liked online.
Results – A journey from Ideas to Success
Device and data security, including authentication of devices, confidentiality and integrity of data.
Successfully created a checkout system using IoT that tally the items up and automatically deducts that cost from the customers’ mobile payment app
IoT Based Data Management:To understand the needs of users and predict customer buying behavior for product planning
IoT Based Digital Asset Tracking: To track assets, orders through the supply chain in real-time and facilitate optimized inventory management
Technologies we used
Python
Objective-C
Swift
Json
Client Testimonial
“SoluLab team is very professional in their approach. I am very pleased with the final output. They completed the project within time and budget as per my expectations.”
