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Price optimization

Promi ✓

AI-powered discounts to boost retail profits

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Discount Management Retail Profit Optimization
More categories (4)
Product Pricing Sales Strategy Shopify Integration Price optimization
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from $14.99/mo

Verdict

A quick read before you dig into the full page.

Best if
AI-powered discounts to boost retail profits
Skip if
Limited to Shopify integration
Pick this when
Historic order data utilization

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Overview

Promi is an AI-powered tool that helps retailers create and manage more profitable discounts for their products. The system analyzes historic order data to determine an initial discount for each item, which is continuously monitored and adjusted to ensure efficient sell-through of inventory.

Promi allows the set-up of dynamic, variable discounts and personalized price updates. Another feature is the ability to create one discount with varying values across different products.

Sellers can specify these differences via an easy CSV upload, allowing flexibility in adjusting the discounts to account for variations in profit margin and price.

The setup promotes discount efficiency benefiting the sale strategy. Promi also enables sellers to display discounts on product and collections pages, offering price strikethroughs, discount descriptions, and sales badges that align with the site's aesthetics.

To enhance marketing efforts, Promi integrates deep links to apply the discount and trigger personalized price changes with a single click. These deep links can be utilized in emails, ads, or directly on the site, connecting to products or collections pages, applying discounts, and showing price strikethroughs and discount descriptions.

Promi specifically designed for integration with Shopify, can be obtained through the Shopify App Store.

Promi website

Access & connections

Where you can use Promi, and what it plugs into.

Platforms

Web iOS

Integrations

Shopify

Capabilities

What this tool accepts, produces, and is strongest at.

Input

  • Tabular

Output

  • Text

Pros & cons

Pros

  • Historic order data utilization
  • Initial discount determination
  • Continuous discount monitoring
  • Sell-through efficiency
  • Dynamic variable discounts
  • Personalized price updates
  • Value variance via CSV
  • Profit margin adjustment flexibility
Show 12 more
  • Displays discounts on pages
  • Price strikethrough feature
  • Sales badges alignment
  • Deep link integration
  • One-click price change
  • Email and ads compatibility
  • Discount application in links
  • Strikethroughs and descriptions display
  • Shopify integration
  • Downloadable via Shopify Store
  • Discount ends on sell-through
  • Different values in one discount

Cons

  • Limited to Shopify integration
  • Requires historical order data
  • Discounts rely on CSV uploads
  • No native mobile application
  • No multilingual support
  • Lacks integrations with other e-commerce platforms
  • No A/B testing functionality
  • Absence of real-time customer support
Show 2 more
  • No API for custom integrations
  • No automation of sales badges

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Releases 1

Initial release May 11, 2024 Current
Initial release of Promi.

FAQ 12

What exactly is Promi?
Promi is an AI-powered tool designed to help retailers generate and manage profitable discounts for their products. It utilizes historical order data to set an initial discount for each item and constantly monitors and adjusts the discount to maintain efficient inventory turnover.
How does Promi determine the initial discount for each product?
Promi analyzes an item's historical order data to set the initial discount. It leverages its AI capabilities to establish the most suitable discount, ensuring that the products sell as proficiently as possible.
Can I customize discounts for different products using Promi?
Yes, with Promi you can customize discounts for different products. It offers a feature that allows a single discount to have different values across different products. These differences can be specified through an easy CSV upload. This feature provides the flexibility in adjusting the discounts to account for variations in profit margin and price.
How does Promi adjust discounts over time?
Promi consistently monitors each item and adjusts the discount value accordingly to ensure efficient sell-through of inventory. The frequency and magnitude of these adjustments are dynamically determined by the AI based on the product's performance and historical data.
What are dynamic, variable discounts in Promi?
Dynamic, variable discounts in Promi are a feature that allows sellers to set up fluctuating discounts, which can be personalized and updated. It provides the four ability to create one discount with varying values across different products, which can be set via a CSV upload.
What features does Promi offer to align with my site's aesthetics?
Promi allows you to align with your site's aesthetics by providing the ability to display discounts on product and collections pages. It lets you configure price strikethroughs, discount descriptions, and sales badges to match your site's look.
How does Promi help in marketing products?
Promi aids in marketing products through the integration of deep links. These deep links can apply a discount and trigger personalized price changes with a single click. The deep links can be utilized in emails, ads, or directly on the site, leading to product or collections pages, applying discounts, and displaying price strikethroughs and discount descriptions.
What are deep links in the context of Promi?
Deep links within Promi's context are URLs that can be utilized in emails, ads, or directly on the site, which direct to product or collections pages, apply discounts, and show price strikethroughs and discount descriptions with a single click.
How can I integrate Promi with my Shopify store?
Promi seamlessly integrates with your Shopify store. It is specifically designed for Shopify and can be downloaded from the Shopify App Store.
How are CSV uploads used in setting discounts in Promi?
CSV uploads in Promi are used in setting discounts. It allows sellers to specify discount differences for each product through a CSV upload, reflecting the differences in product profit margins and prices, which contributes to realizing up to a 40% improvement in discount efficiency.
How does Promi help in enhancing retail profits?
Promi enhances retail profits through the innovation of AI-powered discounts. It crafts and manages discounts based on historical order data analysis, adjusts these over time, and creates dynamic, variable discounts to optimize sales. By applying the discounts efficiently and making price changes customizable, Promi ensures maximum profit is derived from sales.
What is price strikethrough in Promi?
In Promi, price strikethrough is a feature that allows sellers to show the original price of an item struck out alongside the discounted price. This can be displayed on product and collections pages when customers apply a discount code or view automatic discounts.
Promi from $14.99/mo
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