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Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

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Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#1
We're Daniel, Jaime, and Jonathon - the founders of Aura Vision. (https://auravision.ai)

Aura Vision is like Google Analytics for physical retail stores. Our mission is to ensure that physical retailers can innovate and improve their stores with data, in the same way their eCommerce counterparts do, while protecting customer privacy.

Retail teams often know very little about what shoppers do in-store leading up to a purchase. To try to increase sales, they change layouts, products, and media in their shops based on anecdotal knowledge, and experience. That’s because it’s hard to get good quality data about what consumers actually do in their stores at the moment. Many retailers periodically place people in doorways with clipboards recording shopper demographics and behaviours, which of course is costly and not very scalable.

We use existing security cameras in stores to detect the demographics (age, gender, staff/customer) and behaviour of all visitors using our proprietary computer vision technology. This creates an anonymised feed of aggregated data for the retailer, giving them new tools to improve their stores. E.g.

- To increase footfall, retailers can A/B test window displays, selecting the one with the highest peel off rate (the ratio of entries to people walking by)

- To uncover why a product is underselling, retailers can learn about the movement and dwell times of different demographics around products.

- To increase sales, they can select products that are suited to the demographics in that store.

- To increase conversion rates, retailers can identify where customers spend most of their time in-store and locate staff accordingly.

We started out in the UK during the birth of GDPR, so we’re acutely aware of the need to protect customer privacy. Video is deleted as part of the processing, and never stored thereafter, and our system never identifies people, nor stores identities. All data is aggregated into 15 minute chunks, which fully anonymises the counts, so you are left with information on the behaviours that the camera observed in that period. Those chunks are supplied back to the retailer through our dashboard and API as heatmaps and counts. We don’t rely on facial recognition, instead taking in visual cues from all features across the body.

In contrast many other retail tracking solutions, like Bluetooth and WiFi, aren’t GDPR compliant as they store MAC addresses, or other phone IDs without consent, which count as personal data. This means they can re-identify you when you come back to the store, or another store on their network. While regulation will do a good job at getting rid of these tracking solutions, we want to help by showing retailers there’s an option that gives them more useful data anyway.

Daniel and Jaime studied under the same supervisor at the University of Southampton during their computer vision PhDs. They saw plenty of opportunities for using deep learning in people tracking. A key part of Daniel's PhD was estimating people's demographics from CCTV footage and this led to the end result we are running now. Myself and Daniel went to primary school together, and my background is in APIs and frontends.

Thanks for reading! We know the HN community has many people interested and knowledgeable in computer vision and deep learning, so we're looking forward to hearing your thoughts. If you or someone you know has experienced similar challenges in retail, please reach out! jonathon@auravision.ai

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#4
This is cool! There was a very similar startup, Prayas Analytics, that also went through YC (in 2015) and ended up shutting down: https://medium.com/@pranshum/10-lessons-on-3-years-with-pray...

Curious to hear your thoughts on what's different this time around?

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#5
There are DOZENS of companies after this space with solutions ranging from point-of-sale, to beacons (facebook was aggressively rolling into this space, have heard less after privacy missteps), to WIFI range tracking, to some combo of the above.

Aura is a "smack self on forehead" level of ingenuity / execution - I love it, think you guys are on to something big. Look at the institutional market too - literally an analytics dashboard / workflow that provides forward looking reporting on traffic / trending would be hugely valuable to REIT scale funds.

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#7

This is cool! There was a very similar startup, Prayas Analytics, that also went through YC (in 2015) and ended up shutting down: https://medium.com/@pranshum/10-lessons-on-3-years-with-pray... Curious to hear your thoughts on what's different this time around?

Interesting questions - we haven't actually come across them before so I'm just going on what I learnt from that blog post, and I may not have the greatest appreciation for their specifics.

- Our strategy is to not start with large grocery retailers for the exact reasons they mention. They're slow to implement new tech and slow to change things in stores. Our primary target is mid to large-size speciality retailers, with low conversion rates, where a small change in conversion rate can have a big effect on sales.

- We've honed our camera integration and have made installation easy and fast with existing cameras. Our clients have even done the install themselves before.

- The post talks about the stores needing to actually make use of the data and our plan for this is to help them do the things they change up semi-regularly anyway (product layouts, visual merchandising, window displays)

- With data transfer, we try not to use the stores WiFi if possible, and use 3G dongles instead. We've managed to use new compression algos so we don't use a huge amount of bandwidth

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#8
post #5

There are DOZENS of companies after this space with solutions ranging from point-of-sale, to beacons (facebook was aggressively rolling into this space, have heard less after privacy missteps), to WIFI range tracking, to some combo of the above. Aura is a "smack self on forehead" level of ingenuity / execution - I love it, think you guys are on to something big. Look at the institutional market too - literally an ana…

Thanks! We've certainly explored that avenue in the past, working with city centres & BIDs to get street footfall data.

We're also talking with malls, who are trying to get footfall traffic data in myriad of different ways already, at differing levels of quality. They may not want to share their information with 3rd parties, but would be able to do trend analysis for their own purposes.

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#9
post #7

This is cool! There was a very similar startup, Prayas Analytics, that also went through YC (in 2015) and ended up shutting down: https://medium.com/@pranshum/10-lessons-on-3-years-with-pray... Curious to hear your thoughts on what's different this time around?

Interesting questions - we haven't actually come across them before so I'm just going on what I learnt from that blog post, and I may not have the greatest appreciation for their specifics. - Our strategy is to not start with large grocery retailers for the exact reasons they mention. They're slow to implement new tech and slow to change things in stores. Our primary target is mid to large-size speciality retailers,…

That makes sense. Thanks for taking the time to elaborate + best of luck!

Re: Launch HN: Aura Vision (YC W19) – Google Analytics for Physical Stores

#10
the real value to be captured isn't footfall and such because the real efficiency of e-commerce isn't a-b t testing; it's retargeting. Amazon go and their competitors are solving this problem https://m.youtube.com/watch?v=yeS8TJwBAFs. I'm sure you're aiming at the same thing though.
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