Technically, Convenience Home has set up RFID in each layer of shelves and sealed and shielded all corners to make the recognition rate higher. The process is very simple. Use Alipay to scan the code to open the door, take it and leave, and Alipay will automatically deduct the money (WeChat is negotiating). In the future, Convenience Home hopes to do palm print recognition on the door handle, so that when consumers open the door, they can identify it.
Conceptually, Convenience Home is actually closer to a vending machine. Founder Fan Shaowei believes that Convenience Home is an improvement over traditional vending machines. On the one hand, the business categories of traditional vending machines are mostly beverages and fixed-packed snacks, while Convenience Home will be mainly "fresh food" that conforms to health trends; on the other hand, the shipment process of traditional vending machines is to pay first and then ship. The display method of the pipeline makes the space utilization rate low. If it is fresh food goods, it may be deformed during the process of falling. Convenience Home, on the other hand, can be stacked and densely arranged to get the goods first and then deduct the payment, making the space utilization rate higher. Under the same area, our release rate is twice that of traditional vending machines.
As for the cost of RFID tags, Fan Shaowei holds an optimistic attitude. The current cost of tags is 0.5-0 yuan, but with the popularity of RFID in the retail market, the price of RFID tags will definitely decrease.
After this round of financing, Convenience Home will establish a trial operation point in Shanghai, medium-sized + micro unmanned convenience store, and is expected to lay 20 outlets. Currently, Convenience Home is seeking Pre-A round of financing to expand mass production and launch operations.
In terms of team, CEO Fan Shaowei graduated from Harbin Institute of Technology and used to be the northern region manager of Shangpai Software Channel Department. He is a Serial Entrepreneur. COO Wu Wei is a master of Shanghai Jiao Tong University and has continuously started businesses in the field of fast-moving consumer goods; CTO Peng Genggeng graduated from Shanghai University majoring in computer engineering and used to be a senior engineer of the ad platform department of Tencent OMG business group.