Student Presents The Dragons With A Smarter Way To Shop | Dragons' Den Canada
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- Опубликовано: 27 сен 2024
- Student entrepreneur, Brendan Pan is pitching his checkout technology to The Dragons. He's looking for a $20,000 investment for a 40% stake in his company, C8 that uses radio frequency identification technology to avoid the shopper having to scan the individual items in their carts.
Season 11, Episode 13.
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Every retailer has looked at this for decades. This is an old idea. I worked in Loss Prevention in the 1990s and I heard of this back then. We used RFIDs to prevent shoplifting back then and the retailers already started to incorporate scanning capabilities 30 years ago. I think Amazon stores is already doing this anyway.
I love how Michele and Manjit always try to bring up how they "started as students." Michele's father Marvin was an oil and gas executive, and Manjit's family owned a chain of liquor businesses. I imagine it's easier to take risks on your future when mommy and daddy are there with the checkbook.
I think the best way to prevent theft at self-checkouts would be to have a store emplyee scanning the items for you, I'm sure it's called something but I can't quite remember 🤔
RFID is about 5 to 10 cents per sticker. But you multiply that by 100k items, you start to see a significant cost. It will also slow down the stocking process as you have to apply the RFID. It just isn't feasible.
maybe only for expensive item?
The guy looks droopy and sleepy!...🙃🙃🙃🙃😃
Michelle is the best looking dragon I've ever seen.............what a cutie!
Dragons were very kind to him. Very nice
They haven't done their research before...
Thats so pointless unless you’re walking out with the basket full of shopping you still need to take every item out individually and bag it up so my not just scan them and save supermarkets spending millions on this technology, the cost of which will be passed on to consumers! At least when self scanners came out it replaced staff wages so the cost was mitigated and not put on to consumers
Super well done, Brenden!
20 year old idea - ???
Shape of his face, is that drugs? is everyone on drugs, TRT, thyroid stuff? ADHD meds?
This is the worse dragons den ever!!!! What a joke
Whose man is this…………..
You can tell by his face he isn't one of the smart asians.
Would be expensive for everybody story but good idea
Has anyone walked in and said “hello sharks”
Yup, seen it a few times. And the dragons get really offended. I guess money doesn't make your skin thicker.
Mitchelle and Manjit are so HOT
this is like amazon fresh. they already use this technology!
Well no shit this was 8 years ago well before Amazon Fresh, goofy dumb dumb