Promi utilizes AI-driven algorithms to create dynamic, personalized discounts based on user purchase intent, optimizing pricing strategies for e-commerce businesses. This technology enhances sales efficiency by adjusting discount values in real-time, potentially increasing profitability by up to 30%.
Funding
$500K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
E-commerce businesses often struggle to optimize pricing strategies and discount offers, leading to reduced profitability and inefficient sales. Generic discounts can erode margins by applying to purchases that would have occurred anyway, while failing to incentivize price-sensitive customers.
Solution
Promi provides an AI-driven platform for e-commerce businesses to create dynamic, personalized discounts based on user purchase intent and item-specific sales data. The platform analyzes visitor behavior and historical order data to determine optimal discount values for individual users and products. By tailoring discounts to specific customer segments and product margins, Promi helps businesses avoid unnecessary discounting and maximize revenue. The system integrates with e-commerce platforms to automatically update prices and display personalized sales prices with strikethroughs and custom messaging.
Target Audience
Promi is designed for e-commerce businesses using platforms like Shopify who want to optimize their discounting strategies and increase profitability through personalized offers.
Features
- AI-powered personalization that adjusts discount values based on user purchase intent
- Dynamic clearance sales that optimize discounts to efficiently sell through inventory
- Product-level optimization that varies discount values across products based on sales and margin data
- Configurable price updates on product and collection pages, triggered by discount codes or automatic discounts
- Deep links that apply discounts and trigger personalized price changes with a single click
- A/B testing platform to measure the impact of different discount strategies
- Integrations with Klaviyo and Google Ads for targeted marketing campaigns