Provides a Shopify-integrated platform that prevents coupon code leaks by blocking auto-injection from browser extensions, generating unique single-use codes for campaigns, and applying the minimal discount necessary to convert customers. This reduces margin erosion by 4-15%, eliminates overpayment to affiliates, and improves sales attribution accuracy, enabling brands to run cost-effective marketing campaigns.
Funding
$100K 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.
CIFounders
Product
Problem
E-commerce businesses face margin erosion due to unauthorized coupon code distribution through browser extensions and affiliate leaks. This results in discounting customers who would have purchased without a discount, inaccurate sales attribution, and overpayment of affiliate fees.
Solution
Veeper provides a Shopify-integrated platform that prevents coupon code leaks and optimizes discount application using AI. The platform blocks auto-injection of coupon codes by browser extensions at checkout, ensuring that only authorized discounts are applied. It generates unique, single-use codes for marketing campaigns and affiliate links, preventing coupon sharing and affiliate overpayment. Veeper's smart discount feature applies the minimal discount necessary to convert each customer, maximizing revenue and minimizing margin erosion.
Target Audience
Veeper targets e-commerce businesses using Shopify, particularly those focused on direct-to-consumer sales and experiencing issues with coupon code leaks and margin erosion.
Features
- Coupon Blocker: Prevents browser extensions from automatically injecting coupon codes at checkout.
- Campaign Links: Generates unique, single-use discount codes for each customer clicking on a marketing campaign or affiliate link.
- Smart Discounts: Applies the smallest discount required to convert a customer, optimizing margins.
- Shopify Integration: Seamlessly integrates with Shopify stores for easy setup and management.
- AI-Powered Optimization: Uses AI to determine the optimal discount for each customer.
- Real-time Monitoring: Tracks coupon usage and performance in real-time.