Name: Minoan is turning hotels into retail spaces
Uploaded: 2021-10-27
Duration: 2 min 35 s
Description: Shoppable hotel rooms may offer a boost to the recovering industry.

<p>Most of retail today is either on screens or on shelves in brick and mortar stores. And the reality is that's just not where the best product experience is happening. Minoan is a native retail platform. And so native retail is basically retail that occurs within the flow of use of a product. You can almost think of it as like contextual commerce. So if someone staying in an Airbnb and really loves the Roku or the Purple mattress or the Ratio coffee machine, whatever it is, having this experience that sort of complementing their stay, telling how to use the products, making it really easy for them to buy what they like. We work with over 120 brands and we work with a network of about 500 hotels and 12,000 short term rentals. And so we're sort of connecting those brands with those spaces, illuminating those spaces to share a really special experiences and then digitizing that experience so that the guests can learn more about these products and buy the ones that they really like. It's a turnkey solution, so we managed the whole shopable retail element end to end. We do partner with the properties on curation and so our partnership is basically — you're already creating these moments, you know these properties, we can show you brands that can help you create even more special moments for your guests and we will be technology that comes in and allows you to really capitalize on the phone and make money when you create a local desperation, drives sale and then on the brand side. Yeah, we have economic structures with them where we can get them into these properties and really strong race property. We take commissions on any sales to consumers. And then we have a profit share essentially with the hotels. That's the one. I actually use a product. It's a much stronger experience, willingness to pay a higher conversion is higher. We really believe in the power of physical experiences and that's what native retail is all about. Using with you. Make up your mind, There's no salesperson on your shoulders, no pressure. You know, you spend a lot of time curating the experience is like for us, like the minoan experience needs something to us. It's a very specific level of quality, not just of the state of the product.</p>

Shoppable hotel rooms may offer a boost to the recovering industry.

Minoan is turning hotels into retail spaces

Retail

most of retail today is either on screens or on shelves in brick and mortar stores. And the reality is that's just not where the best product experience fast and fun. No one is a native retail platform. And so native retail is basically retail that occurs within the flow of use of a product. You can almost think of it as like contextual commerce. So if someone staying in an Airbnb and really love the road to or the purple mattress or the ratio coffee machine, whatever it is, having this experience that sort of complementing there. So it's a telling how to use the product, making it really easy for them to buy what they like. We work with over 120 brands and we work with a network of about 500 hotels and 12,000 short term rentals. And so we're sort of connecting those brands with those spaces, illuminating those spaces share a really special experiences and then digitizing that experience to the guests and learn more about this product and by the ones that they really like. Mhm. It's a turnkey solution. So we managed the whole shop of all retail and then we do partner with the properties on duration and so our partnership is basically you're already creating these moments, you know these properties, we can show you brands that can help you create even more special moments and we will be technology that comes in and allows you to really capitalize on the phone and make money when you create a local desperation, drives sale and then on the brand side. Yeah, we have economic structures with them where we can get them into these properties and really strong race property. We take commissions on any sales to consumers. And then we have a profit share essentially with the hotels. That's the one. I actually use a product. It's a much stronger experience, willingness to pay a higher conversion is higher. We really believe in the power of physical experiences and that's what native retail is all about. Using with you. Make up your mind, There's no salesperson on your shoulders, no pressure. You know, you spend a lot of time curating the experience is like for us, like the minoan experience needs something to us. It's a very specific level of quality, not just of the state of the product.