iuzeit: The World’s Go-To Decision Making Platform for Online Shoppers
iuzeit is an early stage technology start-up based in Dallas, Texas that is dedicated to simplifying the research and decision-making process for the 220 million online shoppers in the U.S.
The company consolidates pricing and product data from around the web onto a convenient website using data science and positions it as the world’s only unbiased research and price-comparison platform.
“The problem with e-commerce is that there is too much data, information overload and analysis paralysis. The purchasing journey for big ticket items takes 81 days on average. Plus, 40-50 percent of online reviews are unreliable or untrustworthy. These factors, and more, result in $260 billion in abandoned carts and the resulting lost e-commerce revenue every day,” said Yogi Patel, Founder and CEO.
iuzeit’s solution of curating, processing and presenting a clean, ad-free interface that is personalized to individual users positions it well to generate current and future revenue via a unique subscription model.
Partnerships are already in place with 15 major global retailers, including Costco, Wal-Mart, Amazon and Best Buy and expansion plans call for growth in product verticals, AI driven personalization, digitized word-of-mouth and productized services.
“Imagine a streamlined online research and shopping experience that’s free from the distraction of paid advertising. We’re the Only 100% unbiased product research platform in the world and, as such, we’re empowering shoppers to make the best decisions and accelerate the buying process,” said Patel.
For information visit www.iuzeit.com, email yogi@iuzeit.com or call 469.708.9484.
