DEERFIELD, Ill. -- Mondelēz International has announced the eight startups selected to participate in the company's Shopper Futures program. Shopper Futures, the company's innovation initiative, brings together retailers, entrepreneurs and its own "power brands" to help transform the consumer retail experience.
The company received hundreds of applications from startups across the United States and Canada. After a rigorous evaluation process, Mondelēz invited 18 startups to a Pitch Day to present and meet with participating retailers and brand "intrapreneurs." The eight selected startups will now work with major retailers in collaboration with Mondelēz brands to bring in-market pilots to life over the next 90 days.
Those collaborations are:
- Sampler collaborating with Albertsons & Ritz brand, U.S.
- Shelfbucks collaborating with Meijer & Oreo brand, U.S.
- Shelfbucks collaborating with Wakefern & Halls brand, U.S.
- Freckle IoT collaborating with 7-Eleven & Oreo/belVita brands, U.S.
- Strap collaborating with Kum & Go & Trident brand, U.S.
- Turnstyle Solutions collaborating with QuickChek & Swedish Fish brand, U.S.
- Turnstyle Solutions collaborating with Mac's Convenience Stores (Ontario Division) & Cadbury brand, Canada
- Aislelabs collaborating with Metro & Triscuit brand, Canada
- Earshot collaborating with 7-Eleven Canada & Dentyne brand, Canada
- Aisle411 collaborating with Halls brand, Canada
"We're thrilled to be working with some of the most ambitious entrepreneurs and retailers across North America, to help shape the future of retail both in-store and online," said Kim Yansen, director of field shopper marketing. "The caliber of participating startups is truly incredible. Through our 90-day collaboration process, we're looking forward to putting real solutions in market to solve pressing retail challenges and help unlock growth for our retailers and categories."
Shopper Futures is the fourth global iteration in the Futures series, building on the success of Mobile Futures, an initiative Mondelēz launched in 2012 that paired its brands with select startups to accelerate existing mobile innovations and incubate new ventures.
Kicked off by several days of "immersions" at each startups' headquarters, the teams will work together to build programs to pilot within 90 days. By harnessing each startup's entrepreneurial spirit, the retailers' commitment to testing innovative ideas, and Mondelēz's brand and shopper marketing expertise, the goal of Shopper Futures is to develop scalable shopper learnings and solutions by the end of 2015 while continuing to infuse a spirit of intrapreneurship internally at Mondelēz.
"The traditional consumer path to purchase has been completely disrupted by technology," said Kristi Karens, director of media and consumer engagement for Canada. "Through Shopper Futures, we're looking to scale ideas quickly and to turn the store environment into a media opportunity where we can engage with active audiences."
Following the launch of each pilot, Mondelēz will study the tactical and cultural success metrics from each pilot and identify potential collaborations for scale.
Mondelēz has amassed a broad collaborator network for Shopper Futures among the media, technology and startup industries, whose knowledge and experience will be key to the success of the program. Twitter will serve as the official media partner for the program, offering technical and editorial support. The network also features some of the leading organizations in the tech startup ecosystem, including incubators, accelerators and shared work spaces. This collaboration will link the program to the most talented technologists and entrepreneurs in North America to establish relationships and source startup applications. Members include Evol8tion, INcubes, 500 Startups, Entrepreneurs Roundtable Accelerator, MaRS, Velocity, 1871 and Innovation Endeavors.
Deerfield, Ill.-based Mondelēz is a global snacking company with 2014 revenue of more than $30 billion. It is a world leader in biscuits, chocolate, gum, candy and powdered beverages, with billion-dollar brands such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; Trident gum and Tang powdered beverages.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.