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Enhancing Grocery Shopping to Reduce Waste and Boost Revenue

Discover how improving the grocery shopping experience can lead to significant waste reduction and increased revenue. With a staggering $160 billion lost annually due to food waste, and $607,730 lost yearly to retail shrink, it's crucial to address perishable goods, which account for 62% of grocery waste. Our mobile app offers market-specific products, featured recipes, and a streamlined grocery list to enhance consumer satisfaction and reduce waste. Join us in transforming grocery shopping into a sustainable and profitable venture!

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Enhancing Grocery Shopping to Reduce Waste and Boost Revenue

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Presentation Transcript

  1. H Sales op H Sales op Featured Items > Reducing waste through a better grocery shopping experience Recipes > Grocery List >

  2. Waste = $$$

  3. Loss in Revenue • $160 billion …dollars loss of revenue annually • $607,730 dollars …lost yearly to retail shrink

  4. Food Waste • Perishable food = 62% of grocery waste • Meat/Deli, Produce and Bakery

  5. Wegmans

  6. What do I do? Market specific products Mobile app Enhance shopping experience

  7. App Breakdown Featured Items Featured Recipes Final Grocery List

  8. Why is my business successful? • Incentives •  Consumer Satisfaction •  Grocery Waste • Monthly fee

  9. Edge over Competitors Competitors have one sided approach Clear Company and Customer Incentives Efficient Grocery Store

  10. H Sales op H Sales op Featured Items > Reducing waste through a better grocery shopping experience Recipes > Grocery List > Thank you! Contact: jcheri1@ithaca.edu

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