It was perhaps only a matter of time but its surprising that Toshiba’s new object recognition scanner hasn’t created more of a fuss. Basically what it does is dispense with the need for barcodes as it can recognise products from their colour, shape, labelling etc. Its being trialled by a supermarket in Japan and shows lots of potential. The really interesting extension of this technology is what could be done with it in smartphones, Google goggles and other AR applications.
Unlocking the Pricing Puzzle: The Power of Weber’s Law
Discover the power of Weber’s Law in setting effective pricing strategies. This blog post unravels how small, incremental changes in price or product variables, guided by this 19th-century principle, can subtly influence consumer behaviour and enhance business profitability. It’s time to focus on the differences that truly make a difference.
