“Everyone personal menu”
In today's digital landscape, there's a growing demand for personalized services. However, the food & beverage industry reveals evident gaps. Consider the experience of dining at your favorite restaurant or shopping at your local supermarket. Restaurants often present a standard menu, missing the personal touch. More notably, supermarkets currently don't offer any product recommendations at all. With the rise of social media, many people are discovering new dishes and culinary delights. Yet, transitioning from these platforms to find restaurant offerings creates a fragmented user journey. Envision a solution where dishes and products are recommended based on your interactions on social media, dietary restrictions, past purchases, and other relevant data points in the food & beverage sector.
On a global scale, the food and beverage sector, covering everything from upscale restaurants to daily supermarkets, has experienced notable growth. The market value surged from $6.73 trillion in 2022 to $7.22 trillion in 2023, with a compound annual growth rate (CAGR) of 7.3%. The food & beverage market is expected to grow to $9.25 trillion in 2027 at a compound annual growth rate (CAGR) of 6.3%.
Empower the food & beverage industry with AI-driven personalized recommendations, bridging the digital-social gap, and enhancing revenue through upselling and cross-selling.
Incentive AI leverages machine learning to analyze users' social media interactions, dietary preferences, past purchases, and more, offering real-time tailored recommendations. It also identifies upselling and cross-selling opportunities to boost partner establishments' revenue.