Company WalkOut The Israeli, which has developed a smart shopping cart, announces that it has signed a cooperation agreement with a chain Market warehouses. Under the agreement, the chain will implement the fully autonomous fund in all 62 branches and their deployment will begin as early as next month.
The WalkOut cart offers a change in the shopping experience that addresses the two main challenges that retail chains face in the physical buying process: the first is related to meeting long queues at the checkout and the second is the inability to create a personalized shopping experience tailored to each customer. Although 61% of shoppers would prefer to purchase brands that also have a physical location, over 70% of shoppers report that standing in line for checkouts is frustrating and detracts from the shopping experience. In recent years, independent checkout lines have been introduced into the marketing chains, and WalkOut’s shopping cart joins them as a parallel solution.
WalkOut’s smart cart is based on machine learning and computer vision technology that provide the exact product identification solution required. The cart introduces innovation thanks to its modular assimilation ability and its assembly on top of existing carts, so in addition to its technological differentiation, this is a huge advantage of the product also in the level of economic savings for the chains. This cart is based on cameras located at different angles that allow scanning and accurate identification of the items that the buyer adds, or removes from the cart with an accuracy of 99.2 percent.
The WalkOut stroller includes a large interactive touch screen that communicates with the buyer and offers a variety of customized recommendations that make every purchase economical and accurate. This system also identifies repeat customers and updates on promotions and supplementary information based on the history and location of the buyer. Thanks to its unique algorithms, it will be able to use the accumulated knowledge about the customer’s buying habits including components that he seeks to avoid. This unique cart serves as a mobile cash register that allows you to pay for the shopping cart quickly and conveniently. The carts themselves are networked with cameras that detect the products that come in and are removed from the cart so that they automatically go into the final account and all that is left for the customer is to pay and leave.