SLYCE
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Slyce Inc. announced today the launch of a second enterprise level product for retailers: Snap-to-Coupon. The technology, when integrated into a retailer app, enables consumers to snap a photo of any coupon they see from that retailer and instantly generate a mobile-optimized version, which can be stored on the retailer’s app. Retailers can then remind consumers to use coupons through push notifications.
The coupon experience Snap-to-Coupon came via the acquisition of SnipSnap App LLC earlier in 2015. The SnipSnap team also developed Coupon Author, an enterprise-grade platform for retailers that supports coupon creation. Snap-to-Coupon, and Coupon Author, are already being deployed by Toys "R" Us, and BazaarVoice.
Revenues from Snap-to-Coupon, and Coupon Author, are derived from setup and integration fees, as well as monthly Software as a Service (SaaS) licensing fees with usage thresholds. These revenues are in addition to revenue generated from Slyce's visual search deployment done with its core customers.
Read full press release here.
Ich bin ein wenig hin- und hergerissen was mir besser gefällt: Weiter Recht zu haben oder ein wenig Geld zu verlieren ;-)
"JCP, Toys R Us & HD have added further services from us such as a locator button, which allows you to locate the item you took a photo of in their store., and our coupon platform".
http://www.stockhouse.com/companies/bullboard/...-inc?postid=23989791
This month, Slyce saw a lot of discussion around the core drivers of the visual search industry: photos, mobile, and search. The year 2015 has seen more photos uploaded to the internet than in the entirety of human history. Making sense of this immense amount of data comes with challenges, and the industry is using mobile devices to overcome them. The rise of smartphones has created a behavioural shift in how we access the internet, and a change in attitude towards what technology will allow us to do.
On July 14th, Slyce launched a boutique fashion-focused shopping app, Craves. This is Slyce's third consumer app and received exceptional media coverage from the launch.
Smarter Photo Search
We Need a Smarter Way to Search Our Huge Photo Troves
07/16/2015
Taking photos, and sharing them on the internet, has become a primary use of smartphones. In the early days of this internet photo boom, users were faced with the challenge of photo beautification and enhancement. Countless apps now exist to solve this problem and providing editing tools that turn anyone into a skillful photographer. The industry now is switching gears, resolving to organize photos in an intelligent, searchable way. A search function does not yet exist that can identifying the most meaningful pictures. Tech-savvy teams are using image recognition APIs (application programming interface) to help index photos, and make them easier for users to find. Image recognition is a significant contributor to the solution, but the technology still needs refinement. Image recognition represents a key component in the evolution of photo search.
Startups Smartphones
What Startups Need to Know About Smartphones and Mobile Marketing in 2015
07/17/2015
Some businesses have been slow to accept the rise of, and shift to, mobile. This article is a concise look at mobile marketing highlighting the top reasons businesses can’t afford to ignore this channel. Research suggests that the average American spends neaerly three hours on their smartphone each day. With 14% of their time dedicated to web browsing, this is good news for mCommerce. In fact, new reports suggest that 80% of local searches on mobile devices turn into successful purchases. By 2019, there will be 24 billion networked devices globally, representing 51% of the world's population. With numbers like these, retailers ignoring mobile commerce will become irrelevant in an advancing mobile landscape.
Visual Net
It’s Time For The “Visual Internet”
07/24/2015
Smartphones inspire us to snap and share photos. More than a trillion were taken in 2015. That's more than the sum of all photos taken in human history. The way we connect with, discover, and search the internet is evolving as we turn to our mobile devices. Founder of startup Flipsicle, Raghava KK, suggests the interface of the internet itself needs to evolve. KK has a vision to connect humanity’s photos, and allow the internet to ‘talk in pictures’. He suggests that great design, personal photos, and subjective Artificial Intelligence are about to become enterprise game changers by creating fantastic businesses no one has dreamt of yet.
Slyce - Between the Code Newsletter
Top 10 Q2 Mobile-Offline Activations
07/02/2015
Having already favourably covered the Home Depot Beta launch of Slyce-powered visual search, Mobile Commerce Daily included this feature in their top 10 mobile in-store activations for the quarter. A trailblazer in non-apparel visual search, Home Depot recognized the need for a feature to help customers sort through their massive product inventory and physically-imposing brick and mortar locations. Users can snap a photo of a tool or product they need with the app, and Home Depot curates a list of similar products available for purchase. The visual search feature is a win for both retailers and consumers, as the shopping experience becomes much more efficient, driving sales and brand sentiment simultaneously.
Who Are the Digital Disruptors Redefining Entire Industries?
07/14/2015
The digital world has forced well-established companies to reconsider how they do business. Few industries are safe from digital disruption. Some of the biggest players in digital, like WhatsApp, Netflix, and Uber, succeeded by targeting traditionally non-digital industries. This piece cites digital success stories, and includes Slyce as the potential disruptor for traditional retail. The digital shift isn't just about altering traditional business, it's about creating a new market sector. By utilizing the innovation of digital start-ups, industries can thrive in completely new ways.
Craves’ Visual Shopping App Helps You Find Clothes You Love Just By Snapping Photos
07/14/2015
In July, Slyce launched its third B2C app, Craves. The Craves app allows users to snap photos of clothes they want and return similar results, from a selection of boutique retailers. Results are bought through the app, without the need of off app retailer redirection. When a user makes a purchase in the app, Craves receives affiliate revenue. In the future, the company will look into expanding to other revenue streams. The app features a social function, allowing shoppers to follow friends, browse trending items, favourite their results, and receive sale notifications.
Slyce Launches “Snap-to-Coupon” Capability and Digital Coupon Author Platform for Major Retailers.
08/04/2015
"We've taken everything we've learned through having one of the top US coupon apps which has activated more than 200 million coupons and built a best-in-class mobile coupon experience for retailers." said SnipSnap President, Ted Mann. "The smartphone camera is a really powerful way to engage a customer in the mobile space. Just look how prescription-scanning became a way to drive usage of Walgreens prescription refills; and receipt-scanning helped drive adoption of Wal-Mart Savings Catcher. Slyce now offers retailers that same kind of utility with coupons."
Please watch for our next newsletter, in the first week of September! We'll be featuring more exciting developments and trends within the realm of visual search and mobile commerce.
Best regards,
Roy Roman.
Das Volumen wird auch von Tag zu Tag geringer, so dass auch kleine Verkäufe den Kurs nach unten treiben könne (DejaVu). Die 0,3 CAD Marke sollte wirklich tapfer verteidigt werden!
als ebenfalls investierter moechte ich jetzt hier auch mal wieder einen Kommentar abgeben ;).
Im uebrigen bin ich auch bei Eight Solutions investiert (welche ich persönlich durch vorhandene Assets für aussichtsreicher halte) und auf beide Aktien durch unser aller "Freund" aufmerksam geworden. Nun zu meiner Meinung zu Slyce:
Pro:
- Die Technologie ist interessant und hat auch durchaus Zukunftspotenzial
- Die Umsätze sind in den letzten beiden Quartalen, wie vom CEO in einem Linkcall beschrieben exponentiell gestiegen (Q2 steht natürlich aus)
- Man hat durchaus namhafte Kunden für sich gewinnen können.
- Mit Snip-Snap inkl. Snap to Coupon haben sie durchaus etwas im Portfolio, was vor allem in den USA einen neuen Trend setzen könnte (Amis lieben Coupons)
Contra:
- Die Burn-rate pro Monate ist aus meiner Sicht mit 800.000Can$ viel zu hoch.
- Es wird frei verfügbarer Quellcode für die Software benutzt, wodurch selbst diese kein richtiges Asset der Firma ist.
- Ein Großteil der monatlichen Ausgaben geht an eine Consultantgruppe, an denen die Geschäftsführung grosse Anteile hält.
- Der CEO hat bereits ein anderes Start-Up (Onlinetausch von Videogames) nicht zum Erfolg fuehren können.
- Über genaue Einkommensstrukturen/Margen wird geschwiegen.
Fazit:
Die Idee hat durchaus Potenzial (vor allem in den USA). Sollten jedoch die nächsten Quartale keine signifikanten Steigerungen zeigen und die Burn-Rate nicht gesenkt werden, werde ich vermutlich meinen Verlust realisieren.
Beste Grüße und allen investierten viel Glück
Elfenbein sollte mal lieber etwas dazu schreiben wie er vom Cashburn wegkommen und mit welchem Umsatz gerechnet werden kann. Bislang gibt es eine Prognose ja wohl nur von dem analysteninvestor.
Unserem Frustunex mach es riesig Spaß, hier im Forum den Anti.AM zu spielen - das Glas ist bei Dir immer halb leer. Wider besseres Wissen werden Verluste in die Zukunft fortgeschrieben - Userzahlen und Umsätze genauso - obwohl Unex genau weiss, dass neue Kunden, wie z.B. Toys R Us erst in den kommenden Tagen freigeschaltet werden, und so noch gar keinen Beitrag zum Gesamtumsatz bringen konnten - das Gleiche gilt meines Wissen nach auch für Home Depot.
Cashburn "hochdrei" und alles sehr undurchsichtig . . .
Schau dir doch mal an, was die positiven Mitteilungen der vergangenen 12 Monate bewirkt haben . . . jede noch so positive Nachricht ist getreu dem schnöden Mammon "Sell on good News" ins Tal gesickert.
Verkauft den Schrott und investiert euer Geld in bessere Werte als den hier. Das wird nichts mehr . . . zumindest nicht vor 2018 . . . falls die Kohle bis dahin nicht komplett verbrannt wurde, oder irgend nen kanadischer Hinterwäldler den Schuppen aufkauft . ..