Promi | AI Discount Personalization

Description

Promi empowers brands to move beyond generic discounts by leveraging artificial intelligence for personalized offers. The platform's AI model analyzes a wealth of data, including visitor views, traffic sources, and transaction history, to predict individual shopper price sensitivity. This allows for real-time adjustment of discount depth on a shopper-by-shopper basis, ensuring that the right offer is presented to maximize conversion without eroding profit margins.

By shifting from blanket discounts to selective offers, businesses can significantly reduce promotional waste. Promi enables the targeting of price-sensitive shoppers, thereby increasing order volume and revenue. The system also optimizes at the product level, considering individual product profit margins and conversion rates to make informed discount decisions. This granular approach ensures that promotions are effective and profitable.

Beyond individual shopper personalization, Promi offers robust targeting capabilities. Users can build custom logic to define discount eligibility based on various criteria such as membership status, traffic source, or specific product views. This flexibility allows for highly segmented campaigns, including exclusive offers for members or targeted promotions for ad traffic. The platform integrates seamlessly with popular CRM tools like Klaviyo, enabling personalized email discounts that extend campaign reach.

Promi provides tools to track the impact of these personalized discount strategies. A/B testing features allow brands to measure the effects on revenue, gross profit, and conversion rates. Experiment data can be downloaded for deeper analysis, providing actionable insights into promotional effectiveness. The platform is built by experts in pricing and AI, aiming to deliver tangible results for businesses of all sizes, from small stores to large enterprises.

Key benefits include increased revenue per visitor, higher gross profit, and improved conversion rates. Promi helps brands achieve these results by intelligently managing discount depth, targeting the right customers, and optimizing offers at a granular level. This data-driven approach transforms how businesses approach promotions, making them more strategic and profitable.

Promi's Core Features

• AI-powered discount personalization

• Real-time shopper-product level offers

• Predictive price sensitivity analysis

• Dynamic discount depth adjustment

• Customizable targeting logic

• Segmentation based on views, orders, traffic sources, UTM, tags

• Integration with CRM tools (e.g., Klaviyo)

• Automated discount triggering (price strikethroughs, pop-ups)

• A/B testing for discount impact analysis

• Revenue and gross profit tracking

• Optimization at product level considering profit margin and conversion rates

• Elimination of blanket discounts

• Supercharging clearance sales

• Personalized email discount campaigns

How to use Promi?

1. 1

   Configure AI Model: Connect data sources for the AI to learn visitor behavior and price sensitivity.

2. 2

   Build Targeting Logic: Define custom rules for which customer segments receive discounts.

3. 3

   Set Up Discount UX: Choose how discounts are displayed (e.g., pop-ups, strikethroughs).

4. 4

   Integrate with CRM: Connect to tools like Klaviyo for personalized email campaigns.

5. 5

   Launch and Track: Deploy personalized discounts and monitor performance via A/B tests.

6. 6

   Analyze Results: Review data on revenue, profit, and conversion to refine strategies.

Promi's Use Cases

• Personalize Email Discounts
• Convert More Visitors
• Reduce Blanket Promotions
• Supercharge Clearance Sales
• Optimize Product Margins
• Targeted Member Offers
• Ad Traffic Promotions

FAQ from Promi

• Does my store need to be a certain size before I can use Promi's AI model?

  Promi is designed to drive impact for businesses of all sizes, from small stores to large enterprises with over $100M in revenue.

• How long does the AI model need to collect data?

  The AI model leverages existing data on visitor views, traffic source, and transactions to begin predicting price sensitivity. Specific data collection duration for optimal performance is not detailed but implies real-time adaptation.

• How long does setting up Promi on a new store typically take?

  Setup time for a new store is not explicitly stated, but the platform offers integrations and user-friendly features to facilitate implementation.

• How does Promi personalize discounts?

  Promi's AI analyzes visitor data to predict price sensitivity and adjusts discount depth in real-time for each shopper and product.

• What kind of data does Promi's AI use?

  The AI model leverages data on visitor views, traffic source, transactions, and other relevant metrics to optimize discounts.

• Can I create my own rules for who receives discounts?

  Yes, Promi allows you to build custom targeting logic based on criteria like membership, traffic source, views, and orders.

• How are discounts displayed to customers?

  Discounts can be triggered automatically or via user clicks, appearing as price strikethroughs, pop-ups, or discount descriptions.

• Does Promi integrate with email marketing platforms?

  Yes, Promi integrates with most CRM tools, including Klaviyo, to personalize email discounts.

• How can I measure the effectiveness of Promi's discounts?

  Promi offers A/B testing features to track impacts on revenue, gross profit, and conversion rate, with downloadable experiment data.

• What are the key benefits of using Promi?

  Key benefits include increased revenue per visitor, higher gross profit, improved conversion rates, and reduced promotional waste.