Latest / Omni Talk Retail / Fast Five Shorts | What’s The Frequency Zara?
Transcript
- 0:00Retailers
- 0:00appear
- 0:00to
- 0:01be
- 0:01weighing
- 0:01whether
- 0:01to
- 0:02put
- 0:02radio
- 0:03emitting
- 0:04threads
- 0:04into
- 0:04their
- 0:05clothes
- 0:05to
- 0:05curb
- 0:06theft,
- 0:07according
- 0:07to
- 0:07Bloomberg.
- 0:08Zara
- 0:08owner
- 0:08Inditex,
- 0:09the
- 0:09world's
- 0:09biggest
- 0:10publicly
- 0:10held
- 0:11clothing
- 0:11retailer,
- 0:11is
- 0:12among
- 0:12those
- 0:12who
- 0:12have
- 0:12studied
- 0:13the
- 0:13change.
- 0:14The
- 0:14retail
- 0:14giant
- 0:15in
- 0:15Spain
- 0:15has
- 0:15reportedly
- 0:16talked
- 0:16with
- 0:16a
- 0:17small
- 0:17Spanish
- 0:17technology
- 0:18company,
- 0:19Myrons,
- 0:19and
- 0:20telecommunications
- 0:21operator
- 0:21Telefortica,
- 0:22about
- 0:23the
- 0:23possible
- 0:23application
- 0:24of
- 0:24a
- 0:24system
- 0:25based
- 0:25on
- 0:25an
- 0:25anti
- 0:26theft
- 0:26alarm.
- 0:27Product
- 0:27so
- 0:28thin
- 0:28it's
- 0:29imperceptible
- 0:29to
- 0:29the
- 0:30naked
- 0:30eye,
- 0:30according
- 0:31to
- 0:31people
- 0:31familiar
- 0:31with
- 0:32the
- 0:32matter
- 0:32who
- 0:32asked
- 0:33not
- 0:33to
- 0:33be
- 0:33named.
- 0:34Discussing
- 0:34private
- 0:35Information
- 0:35A
- 0:35lot
- 0:35of
- 0:35people
- 0:35discussing
- 0:36private
- 0:36information
- 0:37this
- 0:37weekend.
- 0:37Myron's
- 0:38product,
- 0:39which
- 0:39one
- 0:39of
- 0:39the
- 0:39people
- 0:40says
- 0:40is
- 0:40five
- 0:41times
- 0:41thinner
- 0:41than
- 0:42a
- 0:42human
- 0:42hair
- 0:43or
- 0:43about
- 0:43a
- 0:44thousandth
- 0:44of
- 0:44an
- 0:44inch,
- 0:45uses
- 0:45a
- 0:46conductive
- 0:47ink
- 0:47derived
- 0:48from
- 0:48cellulose
- 0:49to
- 0:49transmit
- 0:49signals.
- 0:50It
- 0:50can
- 0:50set
- 0:51off
- 0:51alarms
- 0:51if
- 0:51someone
- 0:52walks
- 0:52out
- 0:52of
- 0:52a
- 0:52shop
- 0:52with
- 0:52items
- 0:53whose
- 0:53woven
- 0:53in
- 0:54tags
- 0:54haven't
- 0:54been
- 0:55deactivated.
- 0:56The
- 0:56novel
- 0:56ink
- 0:56replaces
- 0:57aluminum,
- 0:57the
- 0:58main
- 0:58material
- 0:58used
- 0:59in
- 0:59most
- 0:59alarms.
- 1:00That
- 1:00would
- 1:00mean
- 1:01retailers
- 1:01wouldn't
- 1:01need
- 1:01to
- 1:02rely
- 1:02on
- 1:02the
- 1:02metal
- 1:02for
- 1:03alarms,
- 1:03making
- 1:03the
- 1:03devices
- 1:04potentially
- 1:04biodegradable
- 1:05and
- 1:06supporting
- 1:06the
- 1:06garment's
- 1:07recyclability.
- 1:08This
- 1:08is
- 1:08all
- 1:08in
- 1:09the
- 1:09name
- 1:09of
- 1:09sustainability
- 1:10and
- 1:10but
- 1:10Anne,
- 1:11my
- 1:11question
- 1:11for
- 1:11you.
- 1:11Are
- 1:12you
- 1:12buying
- 1:12or
- 1:13selling
- 1:13clothing
- 1:13made
- 1:14of
- 1:14radio
- 1:14admitting
- 1:15threads?
- 1:16I
- 1:16am
- 1:17investing
- 1:17in
- 1:17further
- 1:18research,
- 1:18Chris,
- 1:19so
- 1:19I
- 1:19guess
- 1:19that
- 1:20means
- 1:20I'm
- 1:20buying
- 1:21because
- 1:22but
- 1:22like,
- 1:22let
- 1:23me
- 1:23just
- 1:23caveat
- 1:24this.
- 1:24If
- 1:24we
- 1:25are
- 1:25ever
- 1:25going
- 1:25to
- 1:25get
- 1:25YouTube
- 1:26comments,
- 1:26I
- 1:27think
- 1:27talking
- 1:27about
- 1:28Amazon
- 1:28fertility
- 1:29trackers
- 1:29and
- 1:29putting
- 1:30radio
- 1:30frequency
- 1:31threats
- 1:31that
- 1:32are
- 1:32the
- 1:32size
- 1:32of
- 1:32hairs,
- 1:33right?
- 1:35This
- 1:35is
- 1:35going
- 1:35to
- 1:36be
- 1:36the
- 1:36week
- 1:36that
- 1:36we
- 1:36get
- 1:37blasted
- 1:37with
- 1:37YouTube
- 1:38comments.
- 1:38But
- 1:39here's
- 1:39the
- 1:39thing,
- 1:40randos.
- 1:41Yes,
- 1:41exactly.
- 1:43So
- 1:43I
- 1:44do
- 1:44think
- 1:44that
- 1:44this
- 1:45is
- 1:45one
- 1:45of
- 1:45those
- 1:45technologies
- 1:46that
- 1:46could
- 1:46save
- 1:46retailers
- 1:47a
- 1:47lot
- 1:47of
- 1:47money.
- 1:47They're
- 1:48going
- 1:48to
- 1:48have
- 1:48to
- 1:48invest
- 1:48heavily
- 1:49in
- 1:49it.
- 1:49But
- 1:49I
- 1:49think
- 1:49with
- 1:49what
- 1:50we
- 1:50were
- 1:50seeing
- 1:50with
- 1:50rfid,
- 1:51like
- 1:51there
- 1:52are
- 1:52still
- 1:52ways
- 1:52like
- 1:53some
- 1:53RFID
- 1:54tags
- 1:54are
- 1:54still
- 1:54being
- 1:54ripped
- 1:55out
- 1:55of
- 1:55products
- 1:56and
- 1:56there
- 1:56still
- 1:57is
- 1:57a
- 1:57massive
- 1:58return
- 1:58on
- 1:58an
- 1:59investment
- 1:59though,
- 2:00in
- 2:00some
- 2:00of
- 2:00this
- 2:00technology.
- 2:01I'm
- 2:01going
- 2:01to
- 2:02give
- 2:02you
- 2:02an
- 2:02example.
- 2:02So
- 2:03Lululemon,
- 2:03we
- 2:03know
- 2:04they
- 2:04have
- 2:04RFID
- 2:04in
- 2:05their
- 2:05product,
- 2:05right?
- 2:06Yep.
- 2:07I
- 2:07was
- 2:07just
- 2:07with
- 2:08my
- 2:08son.
- 2:08I
- 2:08got
- 2:08him
- 2:09a
- 2:09Lululemon
- 2:09shirt
- 2:10for
- 2:10his
- 2:10birthday.
- 2:10He
- 2:11decided
- 2:11he
- 2:11wanted
- 2:11to
- 2:12return
- 2:12it.
- 2:12We
- 2:13went
- 2:13through
- 2:13the
- 2:13whole
- 2:13rigmarole
- 2:14of
- 2:14things,
- 2:15but
- 2:15they
- 2:16knew
- 2:16exactly
- 2:17how
- 2:17much
- 2:17I
- 2:18paid
- 2:18for
- 2:18that
- 2:18shirt.
- 2:19I
- 2:19got
- 2:19it
- 2:19on
- 2:19sale.
- 2:20They
- 2:20knew
- 2:20exactly
- 2:21how
- 2:21much
- 2:21I
- 2:21paid
- 2:21for
- 2:21that
- 2:22shirt
- 2:22without
- 2:22a
- 2:22receipt.
- 2:23They
- 2:24knew
- 2:24this
- 2:24is
- 2:25the
- 2:25exact
- 2:25number
- 2:25of
- 2:25dollars
- 2:26and
- 2:26there
- 2:26are
- 2:26significant
- 2:27savings.
- 2:27You
- 2:27Know,
- 2:27you
- 2:28think
- 2:28about
- 2:28multiplying
- 2:29that
- 2:29times
- 2:29thousands
- 2:30and
- 2:30thousands
- 2:31and
- 2:31thousands
- 2:31of
- 2:31products
- 2:31that
- 2:32are
- 2:32going
- 2:32through
- 2:32the
- 2:33system
- 2:33and
- 2:33that
- 2:33are
- 2:33going
- 2:34through
- 2:34customers
- 2:34hands
- 2:34all
- 2:35the
- 2:35time.
- 2:35Like
- 2:35there
- 2:35is
- 2:36significant
- 2:36money
- 2:37that
- 2:37they
- 2:38are
- 2:38saving
- 2:38by
- 2:38knowing
- 2:39exactly
- 2:39how
- 2:39much
- 2:40I
- 2:40paid
- 2:40for
- 2:40that
- 2:40and
- 2:41only
- 2:41giving
- 2:41the
- 2:43customer
- 2:43like
- 2:44that
- 2:44much
- 2:44money
- 2:44back.
- 2:45So
- 2:45I
- 2:45do
- 2:46think
- 2:46that
- 2:46this
- 2:47is
- 2:47something
- 2:47that
- 2:48could
- 2:48be
- 2:48worth
- 2:48investing
- 2:49in
- 2:49that
- 2:49is
- 2:49a
- 2:50little
- 2:50bit
- 2:50more
- 2:51preventative
- 2:51than
- 2:52some
- 2:52of
- 2:52the
- 2:52RFID
- 2:53tagging
- 2:53out
- 2:54there.
- 2:54But
- 2:56it
- 2:56might
- 2:56be
- 2:56down
- 2:56the
- 2:57road.
- 2:57Like
- 2:57I'm
- 2:57willing.
- 2:57I'm,
- 2:59I
- 2:59don't,
- 2:59I
- 2:59don't
- 2:59agree
- 2:59with
- 3:00you.
- 3:00In
- 3:00fact,
- 3:00I
- 3:00think
- 3:00you
- 3:00just
- 3:01made
- 3:01my
- 3:01point
- 3:01for
- 3:02me.
- 3:02And
- 3:02honestly,
- 3:02in
- 3:02fairness,
- 3:03like
- 3:03I'm
- 3:04selling
- 3:04this
- 3:04hard.
- 3:04I'm
- 3:05selling
- 3:05this
- 3:05hard
- 3:05because
- 3:06your
- 3:06Lulu
- 3:06exem.
- 3:07Lululemon
- 3:07example
- 3:07was
- 3:08great.
- 3:08Like,
- 3:08I
- 3:08mean
- 3:09this.
- 3:09Why
- 3:09do
- 3:10you
- 3:10need
- 3:10this?
- 3:10I
- 3:11mean
- 3:11we,
- 3:11we
- 3:11had
- 3:11Troy
- 3:12Sewick
- 3:12of
- 3:12G
- 3:12Store
- 3:13on
- 3:13our
- 3:13Spotlight
- 3:14podcast
- 3:14on
- 3:14a
- 3:14few
- 3:14weeks
- 3:15ago
- 3:15talking
- 3:15about
- 3:15RFID
- 3:16and
- 3:16overhead
- 3:16readers
- 3:17basically
- 3:17approximating
- 3:18the
- 3:18same
- 3:18thing
- 3:18throughout
- 3:19a
- 3:19store.
- 3:19So
- 3:19like,
- 3:20I
- 3:20don't
- 3:20see
- 3:20what
- 3:21value
- 3:21this
- 3:21presents.
- 3:22And
- 3:22it
- 3:22gets
- 3:22really
- 3:22crazy
- 3:23with
- 3:23like
- 3:23radio
- 3:23emitting
- 3:24threads
- 3:24on
- 3:24people,
- 3:25you
- 3:25know,
- 3:25like
- 3:25full
- 3:26scale
- 3:26on
- 3:26people's
- 3:26bodies
- 3:27and
- 3:27all
- 3:27that
- 3:27kind
- 3:27of
- 3:27stuff.
- 3:27I
- 3:27think
- 3:28it's
- 3:28a
- 3:28good
- 3:28story
- 3:29for
- 3:29a
- 3:29Bloomberg
- 3:29reporter
- 3:30to
- 3:30get
- 3:30some
- 3:31clicks,
- 3:31but
- 3:32honestly,
- 3:32I
- 3:33like
- 3:33the
- 3:33offshoots.
- 3:34Plus
- 3:34there's
- 3:34so
- 3:34many
- 3:34more
- 3:35things
- 3:35you
- 3:35can
- 3:35do
- 3:35with
- 3:35the
- 3:36offshoots
- 3:36of
- 3:37the
- 3:38concept
- 3:38that
- 3:39RFID
- 3:39and
- 3:39overhead
- 3:40readers
- 3:40too,
- 3:40like
- 3:41they
- 3:41get
- 3:41into
- 3:41the
- 3:41operations
- 3:42of
- 3:42the
- 3:42business
- 3:43too.
- 3:43And
- 3:43it's
- 3:44so
- 3:44much
- 3:44farther
- 3:44along
- 3:45than
- 3:45this
- 3:45too.
- 3:45So,
- 3:46so
- 3:46I
- 3:46would
- 3:46be
- 3:47maybe
- 3:47tangentially
- 3:48looking
- 3:49at
- 3:49this
- 3:49at
- 3:50best
- 3:50as
- 3:50an
- 3:50idea.
- 3:51I
- 3:51don't,
- 3:51I
- 3:52don't,
- 3:52I
- 3:52don't
- 3:53like.
- 3:53But
- 3:53I
- 3:53think
- 3:53some
- 3:53of
- 3:54the
- 3:54RFID
- 3:54stuff
- 3:55selling
- 3:55it,
- 3:55the
- 3:55RFID
- 3:56stuff
- 3:56that
- 3:56you're
- 3:56talking
- 3:56about
- 3:57is
- 3:57enabled
- 3:57because
- 3:57of
- 3:57the
- 3:58hang
- 3:58tags
- 3:59on
- 3:59those
- 3:59garments.
- 4:00It's
- 4:00not
- 4:00all
- 4:00embedded
- 4:01in
- 4:01the
- 4:01garments
- 4:02themselves.
- 4:02So
- 4:03like,
- 4:03if
- 4:03you
- 4:04could
- 4:04have
- 4:04the
- 4:04capabilities
- 4:05of
- 4:05RFID
- 4:06within
- 4:07a
- 4:08garment
- 4:09that's
- 4:09made
- 4:09from
- 4:10the
- 4:10cellulose
- 4:10of
- 4:11plants.
- 4:11Like,
- 4:12I
- 4:12think
- 4:13there
- 4:13are
- 4:13some
- 4:14legs
- 4:14here
- 4:14that
- 4:15where,
- 4:15if
- 4:15you
- 4:15could
- 4:15just,
- 4:16if
- 4:16you
- 4:16could,
- 4:16this
- 4:16could
- 4:17be
- 4:17the
- 4:17replacement
- 4:17for
- 4:17RFID
- 4:18down
- 4:18the
- 4:18road.
- 4:19That
- 4:19eliminates
- 4:19some
- 4:19of
- 4:20the
- 4:20challenges
- 4:20that
- 4:21some
- 4:21retailers
- 4:22may
- 4:22have
- 4:22with
- 4:23RFID
- 4:23tagging
- 4:24or
- 4:24tags
- 4:24getting
- 4:24ripped
- 4:25off.
- 4:25I
- 4:25think,
- 4:26I
- 4:26think
- 4:26maybe,
- 4:27maybe.
- 4:28Yeah,
- 4:29we
- 4:29got
- 4:29to,
- 4:29we
- 4:29got
- 4:29to
- 4:29get
- 4:29a
- 4:29good
- 4:30friend,
- 4:30Marshall
- 4:30K.
- 4:30Back
- 4:31on
- 4:31the
- 4:31podcast
- 4:31talking
- 4:31about
- 4:32the
- 4:32value
- 4:32of
- 4:32RFID
- 4:33tags
- 4:34versus
- 4:34embedded
- 4:35threads.
- 4:35I
- 4:35think
- 4:35he'll
- 4:36have
- 4:36to
- 4:36solve
- 4:36this
- 4:36question
- 4:36for
- 4:37us.
- 4:37Hopefully
- 4:37he
- 4:37sees
- 4:37this
- 4:38podcast
- 4:38or
- 4:38listens
- 4:38this
- 4:39podcast
- 4:39and
- 4:39weighs
- 4:40in
- 4:40on
- 4:40that
- 4:40topic.
- 4:41But
- 4:41I
- 4:41don't
- 4:41know.
- 4:41I
- 4:41don't
- 4:42know.
- 4:42I'm
- 4:42still
- 4:43selling
- 4:43it
- 4:43and.