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.
How does Promi allow personalized price updates?
Promi uses its dynamic, variable discount feature to allow personalized price updates. It adjusts the discounts in real-time based on the product's performance, increasing sell-through efficiency and enabling personalized pricing for customers.
How does Promi handle historical data analysis?
Promi handles historical data analysis by examining an item's past order data, which it uses to determine the initial discount. The AI continues to monitor and adjust the discount, ensuring products sell as efficiently as possible.
How can Promi integrate with my digital marketing strategy?
Promi integrates with your digital marketing strategy through its deep links feature. These deep links can be embedded in emails, ads, or directly on your site, leading to products or collections pages, applying discounts, and showing price strikethroughs and discount descriptions with just one click, enhancing the user experience and potentially boosting conversion rates.
How does Promi display discounts on product and collections pages?
Promi displays discounts on product and collections pages by showing updated prices when customers apply a discount code or view automatic discounts. You can configure price strikethroughs, discount descriptions, and sales badges to fit your site's look.
How is Promi beneficial for my sales strategy?
Promi benefits your sales strategy by using AI to set optimal discounts based on historical order data, adjusting these discounts over time for efficient inventory turnover. It allows you to set dynamic, variable discounts and personalize price updates, reflecting in your discounting strategy to maximize your sales profits.
Is Promi available in the Shopify App Store?
Yes, Promi is available for download in the Shopify App Store.
What are the benefits of the AI-powered discounts offered by Promi?
The benefits of the AI-powered discounts offered by Promi include more efficient inventory turnover, personalized price updates, and the ability to create one discount with varying values across different products. It analyses historical data to optimize discounts, rendering your sales more profitable.
Can I schedule a demo for Promi?
Yes, a demo for Promi can be scheduled on their website. The demo will showcase how the AI-powered tool can enhance your sales strategy and lead to more profitable discounts.