Aslak introduced himself as CEO of Selfly Store, an intelligent vending machine company operating in over 20 countries. He discussed his prior experience leading a leadership conference and saw synergies between the roles.
Aslak detailed Selfly Store's use of predictive analytics and AI to optimize over 15 nationalities' vending machine inventory, pricing, and sales based on real-time data from weather, holidays, and times of day.
Michael praised Selfly Store's data-driven approach and discussed using supply-and-demand pricing to maximize profits and convenience, like surging prices for high-demand items at lunchtime.
Michael highlighted vending machines' expanding product ranges for forgotten airport items and noted their space-saving and labor-saving benefits over queues. Both agreed on vast growth opportunities, especially through predictive placement and inventory.
Aslak detailed how AI revealed pairing Coke and Pepsi increased sales, and Selfly Store's machines encourage larger baskets through touch-and-feel browsing and friends' joint purchases.
Aslak shared his approach to "Tetris-ing" blocks of family, health, work and education by combining activities, like training with his daughters while listening to audiobooks.
Both predicted the rise of "half-mile stores" and predictive, on-demand vending for coincidental needs along journeys, to replace struggling malls with greater proximity and customized just-in-time inventory and delivery.
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