Why Basket Refuses Advertiser Revenue for User Trust
Description
In this episode of The Future of Consumer Marketing, host Andres Figueira interviews Lex Deak, co-founder and CEO of Basket, an AI shopping agent that's reimagining how consumers research, save, and purchase products online. Basket transforms the fragmented shopping experience by creating a universal wish list that evolves into an intelligent shopping companion. Starting as a smart wish listing tool in the UK, Basket has grown into a comprehensive platform that tracks prices, applies coupons, manages stock alerts, and provides personalized recommendations. Through their direct-to-consumer approach and data-driven insights into shopping behavior, they're building the foundation for ambient commerce that anticipates consumer needs without requiring constant user input.
Topics Discussed:
- Transforming impulse shopping into considered purchasing decisions
- Building AI-powered shopping tools that prioritize user trust over advertiser revenue
- Leveraging behavioral psychology to understand gender differences in shopping patterns
- Creating shareable shopping experiences that drive organic user acquisition
- Scaling internationally while maintaining product-first focus
- Using micro and nano influencers for cost-effective user acquisition