Chapter

NFC Chips for Item Tracking
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06:25 - 11:26 (05:00)

NFC chips have become cheap to manufacture, making it possible to add them to goods for tracking purposes. The potential applications include tracking clothing history and creating a more efficient grocery shopping experience.

Clips
This technology creates a tag to be put into all clothing items, minimizing checkout lines and optimizing the retail experience for customers.
06:25 - 07:51 (01:26)
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Technology
Summary

This technology creates a tag to be put into all clothing items, minimizing checkout lines and optimizing the retail experience for customers.

Chapter
NFC Chips for Item Tracking
Episode
University of Michigan Students Pitch Us Their Startups For $5000 Prize Money
Podcast
My First Million
In this podcast, the speaker discusses the success story of a college sophomore who made $4 million selling sex chocolate and how it led him to his own big idea.
07:51 - 09:25 (01:34)
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Business
Summary

In this podcast, the speaker discusses the success story of a college sophomore who made $4 million selling sex chocolate and how it led him to his own big idea. The speaker also talks about the need for upgrading barcode technology for goods.

Chapter
NFC Chips for Item Tracking
Episode
University of Michigan Students Pitch Us Their Startups For $5000 Prize Money
Podcast
My First Million
Convenience stores offer a similar experience to "just walk out" technology, while clothing stores focus heavily on ecommerce to retarget customers.
09:25 - 11:26 (02:00)
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Retail
Summary

Convenience stores offer a similar experience to "just walk out" technology, while clothing stores focus heavily on ecommerce to retarget customers. It may take time for customers to understand these new priorities in different store types.

Chapter
NFC Chips for Item Tracking
Episode
University of Michigan Students Pitch Us Their Startups For $5000 Prize Money
Podcast
My First Million