Qsic Secures USD 25 Million in Series B Funding to Reinvent In Store Audio For Retail Media

Artistic representation for Qsic Secures USD 25 Million in Series B Funding to Reinvent In Store Audio For Retail Media

Qsic’s AI-Powered In-Store Audio Platform

Qsic’s innovative audio platform is designed to enhance the shopping experience for consumers. By leveraging AI technology, Qsic’s platform provides personalized audio recommendations to shoppers, helping them discover new products and brands. Key features of Qsic’s platform include:

  • Personalized audio recommendations based on shopping behavior and preferences
  • Integration with popular e-commerce platforms and retail systems
  • Real-time audio updates and notifications for new product releases and promotions
  • Expansion Plans

    With the new funding, Qsic plans to expand its platform into new retail locations, including major department stores and specialty retailers.

    Qsic’s AI-powered platform uses machine learning to analyze customer behavior and preferences, providing personalized recommendations and content that resonates with each individual customer.

    The Rise of In-Store Retail Media

    In-store retail media has long been a crucial aspect of the retail landscape, with 85% of all shopping still happening in physical stores. However, despite its importance, in-store retail media has faced numerous challenges in recent years. These challenges include high costs to implement, measurement challenges, and difficulty scaling.

    The Challenges of In-Store Retail Media

  • High costs to implement: Setting up an in-store retail media system can be expensive, requiring significant investments in technology, personnel, and infrastructure. Measurement challenges: Measuring the effectiveness of in-store retail media campaigns can be difficult, making it challenging to determine whether the investment is paying off. Difficulty scaling: As the retail landscape continues to evolve, in-store retail media systems must be able to scale to meet the changing needs of customers and retailers. ## The Solution: Qsic*
  • The Solution: Qsic

    Qsic is a cutting-edge platform that enhances the in-store experience and drives incremental revenue through curated, intelligent content. Its AI-powered platform uses machine learning to analyze customer behavior and preferences, providing personalized recommendations and content that resonates with each individual customer.

    How Qsic Works

  • Analyzing customer behavior: Qsic’s platform uses machine learning to analyze customer behavior and preferences, identifying patterns and trends that can inform personalized recommendations.

    The Rise of Custom Audio Ad Content

    The advertising landscape has undergone significant changes in recent years, with the rise of digital media and the increasing importance of audio content. One key area of innovation is the creation of custom audio ad content, which is tailored to specific retailers and their unique needs. Qsic, a company specializing in AI-powered audio advertising, has developed a proprietary generative AI model, Lucy, to create this type of content.

    How Lucy Works

    Lucy is a cutting-edge AI model that can create and localize ad content in real-time, using retailer data to include details like local pricing, inventory, and weather conditions.

    This method, called the Qsic Impact Score, provides a unique and measurable way to evaluate the effectiveness of audio advertising in driving sales and foot traffic.

    Understanding the Qsic Impact Score

    The Qsic Impact Score is a proprietary metric that measures the impact of audio advertising on in-store transactions. It is based on a patented algorithm that takes into account various factors, including the type of audio content, the location of the audio ad, and the time of day. The Qsic Impact Score provides a numerical value that represents the potential impact of audio advertising on sales and foot traffic.

    How the Qsic Impact Score Works

  • The Qsic Impact Score is calculated based on a combination of data points, including:
      • Audio ad type (e.g. music, voiceover, etc.)
      • Ad location (e.g. in-store, online, etc.)
      • Time of day (e.g. morning, afternoon, etc.)
      • Ad duration (e.g. 15 seconds, 30 seconds, etc.)
      • Ad frequency (e.g. one-time, repeat, etc.)
  • The algorithm takes into account these data points to generate a unique score for each audio ad. The Qsic Impact Score is then used to evaluate the effectiveness of audio advertising in driving sales and foot traffic.

    Media Contact for Qsic: SamsonPR

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