ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Sunday, January 17, 2021
Search
    Generic filters
    California Business Journal
    59 °f
    Los Angeles
    68 ° Mon
    61 ° Tue
    66 ° Wed
    61 ° Thu
    56 ° Fri
    53 ° Sat
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

      ScamKeyboard

      5 All Too Common Investment Scams (and How to Avoid Them)

    • People
    • Featured
      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

      Payment Gateway Online Payment Services

      California Mutual Partners with Invoice Cloud to Improve Insurer’s Efficiency and Simplify Process for Policyholders

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

      San Diego skyline

      Insider Corner: David Ebrahimzadeh Discusses The 10 Best California Towns to Invest In

      Dan Lok

      Startup Central: Dan Lok’s ‘Take’ on How to Get Your Startup Off the Ground

    • Health & Fitness
      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

      ScamKeyboard

      5 All Too Common Investment Scams (and How to Avoid Them)

    • People
    • Featured
      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

      Payment Gateway Online Payment Services

      California Mutual Partners with Invoice Cloud to Improve Insurer’s Efficiency and Simplify Process for Policyholders

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

      San Diego skyline

      Insider Corner: David Ebrahimzadeh Discusses The 10 Best California Towns to Invest In

      Dan Lok

      Startup Central: Dan Lok’s ‘Take’ on How to Get Your Startup Off the Ground

    • Health & Fitness
      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    Search
      Generic filters
      California Business Journal

      Price Chopper Wristbands Acquires Glownet to Form the Only Wristband Company to Own and Develop an RFID Software Platform In-House

      by Susan Belknapp, Senior Writer, California Business Journal
      A A
      SharaPathak PC 1 - Price Chopper Wristbands Acquires Glownet to Form the Only Wristband Company to Own and Develop an RFID Software Platform In-House
      Share on FacebookShare on Twitter

      She followed her gut, took a timely risk and now her company is poised to become an industry leader for touchless technology that could revolutionize events, trade shows, entertainment, theme parks and retail.

      Shara Pathak, president of Price Chopper Wristbands, took time with her research but when it was time to move, she made her company’s acquisition of Glownet Inc. happen quickly and seamlessly.

      Glownet Inc. was the North American arm of a United Kingdom software developer that creates radio frequency identification (RFID) solutions, Glownet, Ltd. Glownet Inc. is now is a wholly-owned subsidiary of Price Chopper Inc., which now makes it the only wristband company to own and develop RFID software platforms in-house.

      Price Chopper produces a wide variety of wristbands, including healthcare, fabric, silicone, Tyvek and lanyards. Most can be adapted with an RFID-credential chip, enabling the company to provide touchless solutions that can be used in many ways, including cashless management, access control, and data tracking and reporting.

      download - Price Chopper Wristbands Acquires Glownet to Form the Only Wristband Company to Own and Develop an RFID Software Platform In-House“The purchase of Glownet Inc. broadens and expands Price Chopper’s offerings in the wristband and identification market,” Pathak says. “This deal came together so quickly. It was incredible timing.”

      Pathak’s roots go deep in the printing industry, particularly in the Caribbean, where her extended family owned the largest printing company in the islands. Her father, who was the CEO, decided he wanted to further his education and entered an executive master’s program at Stanford. When he was done, he decided not to return to the family business but instead to build a new company in the United States. Shara was 15 at the time.

      Her father’s decision to leave resulted in forgoing his severance. His sister believed in what he was doing and extended the new company a loan and they launched their wristband business, which is a niche of the printing industry.

      The company that started in an apartment in 1997 now works out of a 44,000-square-foot plant in Orlando and exhibits at over 30 domestic and international trade shows every year.

      Now the president of the company and an industry expert, Pathak saw the demand for RFID-enabled products continuing to grow. “There is so much buzz around RFID,” she says. “I knew the generic wristband industry, which is our core business, but we are in a market that now needs more. With changes in technology, there is incredible demand for ‘smarter products.’ I had to decide what that meant for the growth of our business.”

      Related

      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      January 16, 2021
      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

      January 15, 2021
      Load More

      She set her sights on partnering with a software company and, because of geographic crossover, she wanted an international company to make sure it was not a direct or even possible competitor. Her research began with asking industry partners who they knew and trusted worldwide.

      “That search took about 18 months,” she says. “There are a lot of companies doing RFID, but most came with their own set of challenges. At this point, we were manufacturing bands with chips in them and I went to our chip supplier and asked for a recommendation. They highly referred two providers, both of which were growing rapidly in Europe, and one was Glownet.”

      She picked up the phone and was connected to a representative for the company in California. This first conversation was on a Monday and three days later on Thursday, she was flying to the development office in Madrid. She quickly learned Glownet had done more than 1,000 events worldwide and it had a tried and tested product.

      Because these technologies are so new, many of the providers hadn’t worked out product bugs and challenges. Pathak’s brother, a software engineer, consulted on the acquisition and through the serendipitous arrangement, she was able to bring on the original software developer.

      So now Price Chopper Wristbands owns the technology in the U.S. and the creator can continue to innovate. “I did not want to gamble on a company with an untested product,” she says. “Once I learned about Glownet, I saw all the possibilities. The platform provides a sophisticated analytics engine, allowing greater data collection and consumer insights. This is fast becoming a key requirement from leading consumer brands that support major establishments and events.”

      These features are extremely useful to the events industry and the companies that spend billions of dollars sponsoring them. For instance, now traffic and data for every attendee can be tracked and analyzed. Event sponsors can now know where every attendee spent time, how traffic flowed, how much money they spent, where they interacted with vendors.

      “It completely takes the guessing game out of consumer behavior for events and trade shows of any size.”

      Also, cashless systems are already in high demand and in the wake of COVID-19, touchless cashless systems are likely to become the only acceptable option. Attendees can preload a set amount of money into an account linked to a debit or credit card and they’ll only need to wave their wristband to pay. No touch. No cash. No germ exchange.

      “One of the big selling points, in addition to data collecting, consumer tracking and cashless transactions are the ‘breakage’ possibilities,” Pathak says. “Every time human hands touch cash there is a potential loss and now a potential for spreading disease. If we can eliminate cash transactions, there are no change mistakes. In fact, our clients almost always get a windfall with breakage. Most people will not take the time to get a refund of a few cents or even a few dollars after an event.”

      Pathak uses the example of a family who might preload a budget of $200 for a day at an amusement park. When it’s time to leave, there is still $2 in their account. They can go online and get a refund, but how many people are going to take the time and effort to get $2 back? If you have tens of thousands of families per day, and each leave $2, that’s a significant cash back possibility for our clients and no money is lost through incorrectly counted change or other risks of a cash transaction.

      The Price Chopper in-house development team is currently developing an app that can be used to order and pay for a drink, snack or other item from your smart phone and have it delivered right to your seat. Integrations with Point of Sale, Fan Based Marketing and Membership and Loyalty Technology Providers are also diligently in the works.

      ADVERTISEMENT

      “Our belief in maintaining our core values is what sets us apart in our industry,” Pathak says. “It’s passion and consistency and that has allowed us to enter into this space. It took us a lot of time to find and evaluate the platform. It is extremely versatile and fully customizable. Eventually, what we’ll be able to do is sublicense the technology to other tech companies. From a Printing company, we have become a Technology company, a market that we didn’t dream we would be in, but this is how you grow.”

      Copyright © 2020 California Business Journal. All Rights Reserved.

      s1 6 - Price Chopper Wristbands Acquires Glownet to Form the Only Wristband Company to Own and Develop an RFID Software Platform In-House

      s2 6 - Price Chopper Wristbands Acquires Glownet to Form the Only Wristband Company to Own and Develop an RFID Software Platform In-House

       

      Tags: AmericanbrotherCaliforniaCEOCovid-19creatordeveloperdevelopmenteducationexecutiveGlownetGuthealthcareloanloyaltymanufacturingmarketingPrice Chopper WristbandsPrice Chopper Wristbands Acquires GlownetStanfordtechnologytradeTraffic

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT
      Previous Post

      6 Important Areas of Digital Marketing You Need to Know

      Next Post

      How to Ship Products to Customers Safely and Conveniently

      Susan Belknapp, Senior Writer, California Business Journal

      Susan Belknapp, Senior Writer, California Business Journal

      Susan Belknapp is a Writer, Editor and Corporate Communications expert with 15 years of professional writing experience across a wide variety of disciplines, including monthly print and digital magazines, social media, marketing and brand development. A graduate of University of Southern California with a degree in Fine Arts and Filmic Writing, Susan was Editor of OC Metro Magazine, which became part of the Orange County Register. Susan is also the Founder of Chonubusu Toffee, an online/direct-sale English toffee company specializing in custom orders, events, personalized labeling and dangerously delicious product prepared with the finest ingredients.

      WHAT TO READ NEXT

      dna-double-helix-chemical-formulas-computer-generated-d-rendering-medical-research-background-rotation-184787276
      Business

      Who is part combination scientist, inventor, anthropologist, explorer, designer, engineer, architect, reporter, journalist, museum curator, travel guide, therapist, teacher, trainer and athletic coach.

      January 14, 2021
      Lisa Thee
      Business

      Launch Pad

      January 14, 2021
      gary vaynerchuk finger
      Business

      Gary Vaynerchuk’s Essential Tips For Business Growth

      January 8, 2021
      AB3088
      News

      California COVID-19 Rent Relief Policies Economically Unsustainable

      January 8, 2021
      eCommerce
      Business

      Emerging eCommerce Consultant Companies to Watch in 2021

      January 7, 2021
      Phil Bristol, Founder of Projectivity Solutions, crop
      Business

      Centered on Trust

      January 6, 2021
      Next Post
      Close Up Of Man Collecting Parcel Delivery Outside Door

      How to Ship Products to Customers Safely and Conveniently

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Top Stories

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0
      • The DealMaker

        0 shares
        Share 0 Tweet 0

      Latest Articles

      Monetize student blog

      When to Monetize Your Student Blog & How to Do It?

      January 16, 2021
      Office Equipment

      4 Pieces of Office Equipment that Will Make Life Easier

      January 15, 2021
      dna-double-helix-chemical-formulas-computer-generated-d-rendering-medical-research-background-rotation-184787276

      Who is part combination scientist, inventor, anthropologist, explorer, designer, engineer, architect, reporter, journalist, museum curator, travel guide, therapist, teacher, trainer and athletic coach.

      January 14, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR

        Do NOT follow this link or you will be banned from the site!