liftsuggest price discovery engine
DESCRIPTION
Get introduced to the Price Discovery Engine and how it builds value for your eCommerce Store. For more details visit: http://www.liftsuggest.com/pde/homeTRANSCRIPT
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA
Liftsuggest Price Discovery
www.liftsuggest.com
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Problem that we are solving
Why do your customers buy products from you?
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Are you capturing full value ?
Cost of Product Margin Shipping Price
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Transaction
Give
ReceiveProduct
+convenience
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Why do people buy online?
•43% of people buy online for convenience
•However, how to monetize this convenience is unknown to most of the e-commerce retailers
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
How Price Discovery works?
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
How Price Discovery works?
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
How Price Discovery works ?
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
What happens after “add to cart”?
We have reduced prices for you to $ 159.99
proceed with it ?
Great News ! Prices reduced for you
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Same price for all customers
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Reports
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Reports
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA
● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
What do we measure
% Change in price
% Change in cart add rate
= products enabled for discovery
Winners for which price can be increased
● @copyright Tatvic Inc. 16 Stewart dr Sunnyvale, CA● @copyright Tatvic Inc. 830, Stewart Dr, Ste 206, Sunnyvale CA 94085
Thanks! Happy Earning!
www.liftsuggest.com