LAUNCH Accelerator 23 Public Demo Day 9/16/2021 | Summary and Q&A

TL;DR

Deft is a no-code platform that provides a lightning-fast and personalized online shopping experience with integrated search functionality and a personal shopping concierge service.

Key Insights

• 🐢 Deft aims to solve the problem of slow and cluttered e-commerce platforms by offering a lightning-fast and personalized shopping experience.
• 👨‍🔬 Their no-code platform utilizes NLP to deliver highly relevant search results, saving users time and frustration.
• 😫 The addition of a personal shopping concierge service sets Deft apart from other e-commerce platforms, providing users with personalized recommendations and assistance.
• 👤 Deft's focus on integrating with popular tools and platforms enhances the overall online shopping experience for users.

Transcript

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Questions & Answers

Q: How does Deft differentiate itself from other e-commerce platforms like Shopify?

Deft focuses on providing a lightning-fast user experience by streamlining the search process and eliminating irrelevant search results. They also offer a personal shopping concierge service, which sets them apart from other platforms.

Q: How does Deft handle integration with other tools and platforms?

Deft integrates with various front-end and back-office tools, such as Stripe, PayPal, Google, Mailchimp, and Shippo. This allows users to seamlessly connect their existing tools and enhance their overall online shopping experience.

Q: How does Deft plan to acquire and convert customers?

Deft has been growing organically, with a strong focus on product quality and user satisfaction. They also offer a concierge service that provides personalized assistance to customers, which helps drive customer retention and loyalty.

Q: Is Deft planning to expand its services to include other industries beyond furniture and home decor?

Yes, Deft plans to expand into other product categories and offer its lightning-fast search and personalized shopping experience to a wider range of customers.

Summary & Key Takeaways

• Deft aims to revolutionize online shopping by offering a faster and more efficient way to find and purchase products online.

• Their platform utilizes natural language processing (NLP) to deliver highly relevant search results, saving users time and frustration.

• Deft also offers a personal shopping concierge service, allowing users to receive personalized recommendations and assistance from experts in finding the perfect products.