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Price Discovery Engine Datasheet

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Page 1: Price Discovery Engine Datasheet

With the scientific approach used by Price Discovery Engine, E-commerce stores will find opportunities to improve pricing for their products aiding to bottom line. Website visitors will be exposed to different price points of the same product before they express intention to purchase (i.e. click on add to cart button). Reactions of the website visitors will be measured for different price point with statistical significance to aid the decision about most optimal price point.

With PDE, there is no need to set up any server side mechanism, by installing one line javascript it is possible to implement the Liftsuggest Price discovery engine. Using Price Discovery Engine, selection of which product to use for price discovery & which different price points to be used becomes very easy & flexible.

Liftsuggest Price Discovery engine only tries to understand the reaction to visitors before their intent of purchase. At the intent of purchase, all the website visitors can buy product at the same price. This way we are ensuring that we are selling product at the same price to each customer.

Liftsuggest is price discovery engine for e-commerce store. It enables the e-commerce stores to improve the bottom line of business using visitors data.

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