twigBIG

https://magnitt.com/startups/undefined/twigbig

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Company Information

Shoppable-content e-commerce marketplace in beauty and wellness that's empowered by AI, AR, and VR to provide a contextual, immersive, efficient and deeply personalized shopping experience.

To help prevent losing time and money on cheap/unsatisfying products and service, which is a problem that costs 1B USD in UAE and ending users in death or close-to-death situations. At the same time, there are almost 70% of good but small businesses cannot reach their customers easily.

We solve these issues by making eCommerce a social experience (instead of product listing) where we show customers user-generated credible stories (words-of-mouth) in the form of picture/video with ratings and comments about good products/services that they've tried, from people whom the customers trust. We also reward the stories' creators with commissions on every sale transaction of their stories.

Meanwhile, businesses are the biggest winners as they receive free/authentic content about their products/services that drive accelerated/higher sales. Moreover, it is accelerated because the AI algorithm is learning customers' behaviors and pushing stories to customers according to their preferences, so they convert in a short time, not more than 1 min, and buy a product that will keep them satisfied.

Later, these stories become shoppable using the systems technology, so users can buy from relevant content which guarantees the highest conversion and retention. twigBIG will use AR to allow customers know what are the good stuff for every place or product/service before they use it.

twigBIG is making ecommerce efficient and contextual in every way, so customers always find what's relevant to them when they are shopping online or offline.

Date Founded 03/2017

Primary Industry N/A

Founders 2

Team Members 1 - 10

Business type N/A

Development Stage SEED

Revenue generating Yes

Linked Institutions N/A

Demographics

Headquarter: United Arab Emirates (UAE)

Branches: N/A

Industries: N/A

Geographical focus: United Arab Emirates (UAE)

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