Frugal Tech for Tiny Retail Stores

AI based self-learning software from Palas helps small stores predict tomorrow’s sales, optimising inventory, saving money, without spending a fortune on IT hardware.

For billing, shopkeeper uses a smart phone to scan items – either barcodes if available, or Palas image recognition software; show the QR code with payable amount embedded; customer scans, pays using UPI,  gets bill on their phone.

Palas’s software is learning all the time and is soon able to tell the shopkeeper which items are going to sell tomorrow, and which of these have a higher margin – so place them up front, promote impulse buying. Enables loss-leader pricing, enticing customers to visit.

All this for a nominal monthly subscription, helping them compete against super-markets and online retailers.