IssueRaiser
All solutions

Launch HN: Promi (YC S24) – AI-powered ecommerce discounts

We’re Peter and Jiaxin, and we’re building Promi ( https://www.usepromi.com ). Promi uses AI to optimize retail ecommerce discounts across products and customers (think new customer discounts, clearance sales, holiday sales, etc.). Here’s a quick video overview: https://www.youtube.com/watch?v=SHTw9VH8bCw Discounts have traditionally been a bit of the ‘wild west’ of pricing. Optimization techniques at even the largest merchants are heavily manual. Product level discounting decisions are distributed among operations or category managers, and store-wide discounts are often set by marketers. Typically they rely on order history, look at competitor discounts, or find prior discount performance to inform their decision. But there’s not a lot of science behind choosing the discount, and teams don’t have the time or means to optimize it at a granular level - i.e. by pro

Why it failed

We’re Peter and Jiaxin, and we’re building Promi ( https://www.usepromi.com ). Promi uses AI to optimize retail ecommerce discounts across products and customers (think new customer discounts, clearance sales, holiday sales, etc.). Here’s a quick video overview: https:&

Kind
startup
Status
Shut down
Inventor
pmoot
Ended
2024
Source
hackernews
View original source