RFID Autonomous Checkout

Area is developing OneTag, an RFID-based product code system that brings ecommerce capabilities to physical retail stores. The system enables autonomous checkout and provides detailed customer analytics similar to online shopping.

Key Points:

  • Core Technology: OneTag

    • RFID-based product codes printed on stickers
    • Replaces traditional barcodes
    • Costs pennies to manufacture
    • Uses same technology as contactless credit cards
  • Checkout Process:

    • Customers bag items while shopping
    • Walk through antenna that instantly scans all items
    • Payment processed through kiosk or app
    • Uses ultra-wideband technology for location tracking
    • Enables walk-out checkout similar to Amazon Go
  • Ecommerce Features for Physical Retail:

    • Abandoned cart recovery
    • Personalized product upsells
    • In-depth shopping data
    • Subscription reorders
    • Built-in loss prevention
  • Inventory Management:

    • High location accuracy through RFID
    • Real-time item tracking
    • Instant identification of misplaced items
    • Eliminates manual stock checks
  • Implementation:

    • Initial MVP uses iPad kiosk for self-checkout
    • No store retrofitting required
    • Targeting clothing stores and convenience stores
    • Can be integrated with existing retail operations
JL

Jake Lewin

Jake Lewin was a Highschool student turned millionaire with his companies that he sold. Some of these companies include Lyte, a athletic leggings company that he sold for $500,000 dollars, and Tabs, a aphrodisiac chocolate company.

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