Photo - Ideation Labs AI
62076

Ideation Labs AI

USA, California
Market: Information and media, Other, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 24.05.2024
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Idea

Which Content will sell my products and maximize Mktg & Ad results?
Ideate, Create & Optimize Product Content that Sells: Images, Videos & Text.
Data, AI & Gen AI using Top Selling Product Data

Current Status

Spinning out of Krome Image Labs
$100K paid by 500+ Co’s = Sold 752 Design Briefs using V0.5 of the Ideation Technology

Walmart & Boticario have used the Ideation Enterprise Catalog reporting technology on their catalog of products.

Have V0.5 of the technology and it is proven to work.

Adding more data sources + more interactive Gen AI designs.

Problem or Opportunity

Which Content will sell my products?
What Content will maximize my marketing and advertising results?

AI opens the opportunity for hyper-personalized product content, yet how do you know what will maximize sales and returns for your content investment across multiple channels and geographies?

Solution (product or service)

Pull Image Success Data for products across channels & geographies.

Use AI & Gen AI to process it and provide product recommendations for successful content in an Interactive manner that combines the brand.

Provide Ideation Designs for the product content that sells across geographies & channels: Images, Videos & Text.

Proprietary Data, Image Processing & Content Analytics that drives best-in-class recommendations.

Provide fast & affordable product creation (optional) + simple optimization (optional) to iterate towards better and better content that includes trends & seasonality

Business model

Baseline Subscription based on the total number of SKUs
Per SKU pricing for Ideation & Optimization
Per Image pricing for Creation

Subscription for Ideation & Optimization (SaaS) - Sliding pricing
The sweet spot is companies with > 100 SKUs and $5M+ in revenues
There are 26K Co's in US, EU & Latam

100K SKUs - $100K / mo - $1M annual
1K SKUs - $5K / mo - $50K annual
100 SKUs - $1K / mo - $10K annual
10 SKUs - $125 / mo - $1,000 annual

Per Image Pricing (using Gen AI & People)
$50 per image for up to 100 images per month
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation