Countdown to Shoptalk 2019: Startup Pitch Competition Participants Profile, Part 1 — Ladingo and Increasingly
The Coresight Research team will attend and participate in Shoptalk 2019 March 3-6 in Las Vegas. The event brings together more than 8,000 attendees and more than 300 speakers to discuss the rapid evolution of how consumers discover, shop and buy.
On March 3, Coresight Research CEO and Founder Deborah Weinswig will emcee a startup pitch competition featuring 15 early-stage technology companies. Judges will select two winners for a $25,000 prize.
Participating startups all have:
- $3 million or less in funding.
- Four years or less since founding.
- Scalable and innovative solutions for physical retail, omnichannel and e-commerce.
- Business-to-business solutions.
Below, we look at two of the companies that will compete: Ladingo and Increasingly.
Ladingo at a Glance
Landingo offers a cloud-based solution to enable seamless international shipping for business-to-consumer e-commerce. The company focuses on larger items, such as furniture, bicycles and other bulky products. Container sharing optimization allows Ladingo to offer lower shipping rates for larger items.
Ladingo’s system calculates consumer-facing prices and delivery estimates, and on the back-end handles freight forwarders, custom regulations, tracking and other steps in international fulfillment. The company believes its solution “is opening the door to the international B2C e-commerce of large courier items” by automating the fulfillment of international parcel services, for maximum efficiency and minimum complexity.
What Problem Does Ladingo Solve?
Companies often face complexity and high cost when shipping products internationally — especially for large and bulky items.
Paid service – included in shipping price.
- Hagar Valiano Rips, Founder & CEO.
- Ruth Reiner, Founder & CMO.
- Guy Levi, Founder & CTO.
Ladingo is actively working on beta pilots with customers looking to ship globally.
Increasingly at a Glance
Increasingly helps retailers automate and personalize online product bundles. Powered by machine learning, the platform analyzes the retailers’ assortments and sales, pricing and other data to create automated product bundles. These bundles can be based on the unique user, dynamic discounting efforts, geo-filtering and more. The solution integrates into e-commerce product and checkout pages, as well as in email. According to the company, customers have seen average order values increase up to 12%. The company received the Breakthrough Innovation of 2018 award at Retail Recharged’s annual retail technology event. Notable clients include Samsung, The MET and Party City.\
What Problem Does Increasingly Solve?
According to Gartner, over half of retailers conduct no on-site product bundling, creating a significant missed opportunity in cross-selling. According to Increasingly, Amazon drives 6-7% incremental revenue from AI bundling, worth $14 billion each year.
Increasingly charges a monthly license fee or a paid-on performance fee for companies that want to test the solution.
- Sri Sharma, CEO
- Satish Jayakumar, COO
This year, the company will expand platform capabilities to include in-marketing revenue generating tools.