Skip to main content

Ex-Amazon Team Launches Mona, An App That Puts A Personal Shopper In Your Pocket


Mona, a new app from former Amazon.com employees launching now, wants to put a personal shopper on your phone. While many mobile shopping apps today work to provide users with recommendations on new products or highlight popular trends, Mona takes things a step further with a feature it calls “Missions.” This has it scouring online stores for products that meet a specific set of criteria, based on product type, style, price and more.
For example, you could ask Mona to tell you when a particular pair of shoes goes on sale, or when handbags from your favorite designer are available for under $200.
The Seattle-based, bootstrapped startup was founded last year by Orkun Atik, previously a senior Product Manager at Amazon; along with Nurettin Dag, also of Amazon, who worked as a Senior Software Development Engineer; and a third co-founder who prefers to stay anonymous. Atik in particular has experience with personalization technologies, having worked on various recommendation systems while at Amazon, including its Similarities system (e.g. “Customer Who Bought X Also Bought Y,” and “Frequently Bought Together”), among other things. Dag, meanwhile, worked on the logistics platform that powers Amazon’s same-day delivery services, as well as Amazon Fresh.
The idea for the app was largely prompted by Atik’s interest in working on data products. “I really like shopping, and thinking about all the dynamics in the marketplace and how consumer behavior is changing,” he says.
The founder explains there’s a lot of potential in developing a better product that’s more personalized to its end users, who have unique interests when it comes to their style, in addition to variances in the sizes of clothes they wear or different brand preferences. Plus, shopping search and discovery hasn’t changed much over the past 15 years, Atik says. “Everything is organized around products today, not people,” he adds. “Shopping should be organized around people and their existing missions.”
While Mona’s best feature is its ability to hunt down specific products and track your favorite items, the app will also surface the latest trends and deals, making it more of a general-purpose shopping app, rather than one you only use when you have a task in mind. Each day, the app suggests a “top 20″ list of products, but these personalized suggestions will improve over time the more you use the product, the founder says.
To improve its suggestions, Mona mines your email. That is, it connects with your email account in order to look for marketing newsletters, order confirmations, and receipts – similar to the shopping app Slice, for example. This purchase data is the best data to power Mona’s personalizations, which is why it’s not an opt-out experience – consumers have to be comfortable trusting the company to analyze their data in exchange for better product suggestions.
At launch, Mona is tracking 100 of the top 300 retailers in the U.S., but plans to expand its selection. The company is working with these stores’ data feeds for now, as opposed to doing direct integrations. That means there could be some latency as related to the freshness of the data, at times.
The startup is also currently monetizing through affiliate links, but eventually wants to transition to the marketplace model.
“We have strong intent for purchase in the form of missions from consumers,” says Atik. “We can connect that purchase intent from the buyers with the sellers in a more efficient way than other marketplaces,” he states.
The app, which has been in private beta for the past 5 months, is now available as a public beta on the iTunes App Store. Users can request an invite to join from the Monahq.com homepage, and the company says they initially plan to allow around 500 to 1,000 new users per day as they prepare to scale the service.

Comments

Popular posts from this blog

SoftBank Lands $236M From Alibaba And Foxconn To Bring Its Pepper Robot To The World

Remember Pepper,  the intelligent robot that SoftBank unveiled last year ? Pepper goes on sale in Japan this coming weekend, but in advance of that launch  SoftBank has revealed  that Alibaba and manufacturer Foxconn have invested $118 million each in its robotics division. That deal will give Alibaba and Foxconn 20 percent shares in SoftBank Robotics Holdings (known as SBRH), with SoftBank retaining a dominant 60 percent stake. “SoftBank, Alibaba and Foxconn will build a structure to bring Pepper and other robotics businesses to global markets, and cooperate with the aim of spreading and developing the robotics industry on a worldwide scale,” SoftBank said in its announcement. SoftBank isn’t short on money, of course — it is building up quite a portfolio of e-commerce investments across Asia — but its two partners bring know-how, strategy and global networks to the table. So, it looks like Pepper has eventual world domination plans. Or, at least, ...

Apple to release new small phone before iPhone 7

Apple to release new small phone before iPhone 7 Apple is to create a smaller, cheap version of the iPhone, persistent to the 4 inch size of the iPhone 5. Apple is testing 5 different iPhone 7 models. It will sell next to Apple’s existing phones however mark the first time that Apple has ready a latest phone smaller than the one it locate on sale before. There will be the choice of 2 or three colours likely the  gold, space grey  and silver options that mainly Apple products now coming up. Other than inside there will be very much better components. The flagship improve will be the addition of the A9 chip that powers the iPhone 6S. There may also be a number of changes to the outside. The most able to be seen is apt to be the addition of the somewhat curved edges that are found on the iPhone 6 and 6S. careinfo.in Apple  dropped the iPhone 5C previous this year. A number of hoped that it would be replaced by a 6C, though reports at the time made clear that we...

How ad-free subscriptions could solve Facebook

At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its finances, restricting how far it’s willing to go to protect us from the harms of over use. The advertising-supported model comes with some big benefits, though. Facebook CEO Mark Zuckerberg has repeatedly said that “We will always keep Facebook a free service for everyone.” Ads lets Facebook remain free for those who don’t want to pay, and more importantly, for those around the world who couldn’t afford to. Ads pay for Facebook to keep the lights on, research and develop new technologies, and profit handsomely in a way that attracts top talent and further investment. More affluent users with more buying power in markets like the US, UK, and Canada command higher ad prices, effectively...

Facebook will verify the location of U.S. election ad buyers by mailing them postcards

Facebook’s global director of policy programs says it will start sending postcards by snail mail to verify buyers of ads related to United States elections. Katie Harbath, who described the plan at a conference held by the National Association of Secretaries of State this weekend, didn’t reveal when the program will start, but told Reuters that it would be before the Congressional midterm elections in November. The cards will be sent to people who want to purchase ads that mention candidates running for federal offices, but not issue-based political ads, Harbath said, and contain a code that buyers need to enter to verify that they are in the U.S. The program is similar to ones used by Google My Business and Nextdoor when they need to verify business owners or users who want to join closed neighborhood groups, respectively. Harbath told Reuters that the postcards “won’t solve everything,” but were the most effective method the company came up with to prevent people from using fa...