The innovative product that will digitalize the industry
The product we are developing allows us to replace paper ethics with prices to convert them into digital prices. We have a unique advantage over competitors where we use an OLED module to display prices. An OLED module is an organic display that has liquid crystals between the glass to display text on the screen. Much like the television and cell phones used by the majority of the population today.
Project supporters
Successfully obtained financial support within the public tender P2R, for the purpose of which is to encourage the start-up of newly established companies in problematic areas in Slovenia, to which the Zasavje region belongs to. We obtained 40.000 € non-returnable funds for developing our project.
An entrepreneurial SIO mentor who has been cooperating with our company with his knowledge and suggestions since the beginning of the project development.
As part of the entrepreneurial program Entrepreneurial in the World of Entrepreneurship HRT, implemented by the RDA Zasavje, support in the creation and development of a business idea.
Support for the further development of the business idea within the Innovative Environment Promotion (SIO) program implemented by the Regional Development Center.
The inovation
An innovative product that the company is developing is a price digitization module (colloquial name of the price list), which will be installed on store shelves with the help of IoT devices. IoT devices are 3 x 5 cm mini computers that connect to the Internet through various connections such as wireless WiFi or Bluetooth.
These devices consume minimal electricity and, compared to the current system, don’t use paper, printer ink or time spent by workers to change price lists, printer service and other related costs.
How it works
The OLED display module is special in lighting and multicolor options, just like a television and a mobile phone show us. The special feature of the product is the development of source code for displaying prices, and the development of its own server that will store the source code and the application, which will be used on laptops, desktops or even on a mobile phone. The development of digitalization of prices on IoT devices enables real-time communication, price updates via a single computer or mobile phone.
It is used to display current and promotional prices, stock on the shelves and in the warehouse, barcode for the scanner (the competition does not allow reading with a laser reader), promotions and discounts.
As an additional innovation, we can define a mobile phone application that will be intended for users / customers in stores, where the user will be able to search for the product on the phone at which location a particular product is located in the store and whether it is in stock, removed from sale and the price of the product itself.
Real time communication
The products enable real-time communication from a central location or different locations, updates and price changes via a single computer or mobile phone, and directs commands to specific units. The price lists are updated remotely via the server located in the main point (office), and when entering prices via their internal intranet (internal data connection and communication between the main store and branches) it connects to the modules in the branches via WIFi module and enables price change in real-time.
of our products
Modern application solution in accordance with modern trends
flexible and easy-to-use software
simple user interface
service
own development team and flexibility in software development and subsequent support
flexible hardware that can be used for very different purposes
the possibility of immediate price monitoring
cloud solution that does not require IT infrastructure on the client’s side
easy maintenance
flexible sales option (rental packages, services, device sales)
Problem and solution
Slow price change on shelves, too low staff to change labels, too long treatment between price changes in the main office and branches, high cost of labelling, bad impact on the environment. This creates time for retailers and other staff, paper consumption, printer ink and printer repair. Their employees are often unable to replace these on time, as prices also change several times a day. The reason for this is daily price changes, constant sales campaigns, insufficient staff and time and with that daily costs.
Product/Service overview
The special feature of the product is the development of source code for displaying prices, and the development of its own server that will store the source code and the application, which will be used on laptops, desktops or even on a mobile phone.
The development of digitalization of prices on IoT devices enables real-time communication, price updates via a single computer or mobile phone. The main store will have a central server on which our source code will be with software for changing and monitoring product prices in branches.
New prices are entered on the server, they connect with wi-fi modules in branches and send new data to OLED modules, which changes through all branches at once and so OLED screens show the new price in real time. Our product is intended for shops, post offices, gas stations, etc.
The target market
all smaller retailers that have small to medium-sized stores, newsagents, pharmacies,
wholesalers (as.exp. Interspar, Hofer, Aldi, E.Leclerc, WalMart, Costco, Lidl, Tesco), which own several branches,
petrol stations (as.exp. ENI, OMV, Shell, Total, BP, Esso, Avia, Aral, Orlen),
children’s retailers goods (as.exp. H&M, Old Navy, Target, Kohl’s, GAP, Primark),
retailers of cosmetics (as.exp. DM – Drogerie Markt, Müller),
post offices,
retailers of electronics (as.exp. Argos, Harvey Norman, Dixons, Ceconomy, MediaMarkt, Euronics),
and traders in various construction and similar materials.
Through conversations with traders, we have found that a lot of working time for an individual employee takes time to change the price, which can happen on a daily, weekly or monthly basis.
Our opinion is that those who know how to convert and process a lot of data (prices) faster and more reliably will have a competitive advantage in the market.
If we manage to provide a stable and working module in the first phase, the second phase will follow, which will be tied to the acquisition of sales, ie the beginning of the financial source of obtaining the first receipts.
And later whole EU, North and South America, Japan, Australia, China
Contact Us
Contact Info
- GSS Corp, Spletna prodaja
in poslovno svetovanje Alen Odžić s.p.,
Cesta padlih borcev 40, Studence,
1430 Hrastnik, Slovenia, EU +386 (0) 68 675 404
