thnkrAI

About thnkrAI

thnkrAI offers a pricing platform that integrates with ecommerce systems like Shopify to automate pricing strategies and competitor analysis. By simplifying pricing management, the platform enables store owners to optimize their pricing and potentially double their sales.

```xml <problem> E-commerce store owners often struggle with manually setting and updating prices, leading to missed opportunities for optimization and difficulty in keeping up with competitor pricing. This manual process is time-consuming and can result in suboptimal pricing strategies that impact sales and profitability. </problem> <solution> thnkrAI provides an automated pricing platform that integrates directly with e-commerce systems to streamline pricing management. The platform allows store owners to connect their online store, set pricing strategies based on category or brand, and automatically reprice products based on competitor analysis. By automating these processes, thnkrAI enables businesses to optimize their pricing, understand their market position, and potentially increase sales. </solution> <features> - Direct integration with Shopify to import product catalogs and order data. - Automated competitor price tracking and analysis. - Customizable pricing rules based on product category or brand. - Automatic repricing based on predefined strategies and competitor data. - Real-time pricing insights to understand pricing position. </features> <target_audience> The primary target audience is e-commerce store owners, particularly those using Shopify, who want to automate and optimize their pricing strategies to increase sales and profitability. </target_audience> ```

What does thnkrAI do?

thnkrAI offers a pricing platform that integrates with ecommerce systems like Shopify to automate pricing strategies and competitor analysis. By simplifying pricing management, the platform enables store owners to optimize their pricing and potentially double their sales.

Where is thnkrAI located?

thnkrAI is based in Vienna, Austria.

When was thnkrAI founded?

thnkrAI was founded in 2023.

How much funding has thnkrAI raised?

thnkrAI has raised 50000.

Who founded thnkrAI?

thnkrAI was founded by Andrew Somers and Aditya Behera.

  • Andrew Somers - Co-founder
  • Aditya Behera - Co-founder
Location
Vienna, Austria
Founded
2023
Funding
50000
Employees
2 employees
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thnkrAI

Score: 60/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

thnkrAI offers a pricing platform that integrates with ecommerce systems like Shopify to automate pricing strategies and competitor analysis. By simplifying pricing management, the platform enables store owners to optimize their pricing and potentially double their sales.

thnkrai.com50+
cb
Crunchbase
Founded 2023 – Vienna, Austria

Funding

$

Estimated Funding

$50K+

Team (<5)

Andrew Somers

Co-founder

Aditya Behera

Co-founder

Company Description

Problem

E-commerce store owners often struggle with manually setting and updating prices, leading to missed opportunities for optimization and difficulty in keeping up with competitor pricing. This manual process is time-consuming and can result in suboptimal pricing strategies that impact sales and profitability.

Solution

thnkrAI provides an automated pricing platform that integrates directly with e-commerce systems to streamline pricing management. The platform allows store owners to connect their online store, set pricing strategies based on category or brand, and automatically reprice products based on competitor analysis. By automating these processes, thnkrAI enables businesses to optimize their pricing, understand their market position, and potentially increase sales.

Features

Direct integration with Shopify to import product catalogs and order data.

Automated competitor price tracking and analysis.

Customizable pricing rules based on product category or brand.

Automatic repricing based on predefined strategies and competitor data.

Real-time pricing insights to understand pricing position.

Target Audience

The primary target audience is e-commerce store owners, particularly those using Shopify, who want to automate and optimize their pricing strategies to increase sales and profitability.