Assertion certainty 4/5 debate potential 3/5

Smith: Retailers Harvest Valuable Consumer Data Even From Deleted Apps

Sterling Smith · #19 Sandbox · Mar 3, 2025 · at 12:41

Sterling Smith explains the data capture mechanism of Sandbox Commerce's platform to investors on The Pitch.

0:00 / 0:13exact quote · 13.3s
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“A customer doesn't need to keep the app on their phone. A customer simply needs to log in one time, and you've got that valuable data. They can download the app register one time and delete the app and you've got the data.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Sterling Smith

Assertion Not checkable as stated
Smith: James Altucher Ghosted Sandbox Commerce After His On-Air Offer
“Yeah, so we, nothing happened. James has not invested yet.”
Sterling Smith Mar 3, 2025 ▶ 30:10 #19 Sandbox
Assertion Contradicted
Smith: 60% of the Top 500 Internet Retailers Lack Mobile Apps
“If you're looking at the IR 500, which is a sampling of the top 500 retailers in the market, 60% of those retailers don't have a mobile app.”
Sterling Smith Mar 3, 2025 ▶ 6:41 #19 Sandbox
Assertion Contradicted
Smith: Sandbox Commerce Is the Only Fully Native Retail App Builder
“We are the only company that builds fully native apps.”
Sterling Smith Mar 3, 2025 ▶ 7:58 #19 Sandbox
Opinion
Smith: Sandbox Commerce Targets a $36 Billion Total Addressable Market
“So the total addressable addressable market, our addressable market is six, is thirty six billion dollars currently right now.”
Sterling Smith Mar 3, 2025 ▶ 18:11 #19 Sandbox
Assertion Partly supported
Smith: Only 2% of Retailers Currently Have Mobile Applications
“Two percent of retailers have mobile applications right now.”
Sterling Smith Mar 3, 2025 ▶ 6:27 #19 Sandbox
Assertion Not checkable as stated
Smith: Mid-Market Retailers Spend $250,000 on First-Year App Development
“If you are a retailer and you want to build a mobile app, in the case of a smaller retailer who's generating a million dollars or more in revenue. That retailer is spending a quarter of a million dollars the first year to build that mobile application.”
Sterling Smith Mar 3, 2025 ▶ 6:59 #19 Sandbox
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