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Optimize beauty and cosmetics products' pricing and increase the profitability of Perfumes Lotions Lipsticks Shampoos Toothpaste Sunscreen

Optimise product pricing in your Shopify store without any manual work. In our reference case margin impact was on average 12.6 % resulting in 6-figure profits in €. 

Stop losing, start gaining.

Optimising pricing of your beauty & cosmetics products in your Shopify shop is easy and can yield dazzling improvements in your profit margins. Sniffie’s AI will automatically change your prices and find the optimal price point in no time.

Stop losing, start gaining.

Optimising pricing of your beauty & cosmetics products in your Shopify shop is easy and can yield dazzling improvements in your profit margins. Sniffie’s AI will automatically change your prices and find the optimal price point in no time.

Price is the #1 profitability value driver in beauty and cosmetics products.

More and more beauty & cosmetics products are being sold in the web. It is very simple for consumers to compare the prices and variations of the products they are interested in online. For you to be the retailer of their choice your prices must be optimal!

Do you know if your prices are profitable enough? 

The #1 Shopify App for price optimization

Sniffie is the only AI tool for Shopify that utilizes directly your Shopify data with enforcement learning and AI algorithms.

The #1 Shopify App for price optimisation

Sniffie is the only real AI tool for Shopify that utilises directly your Shopify data with real enforcement learning and AI algorhitms.

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How does the optimisation work?

Apply to Sniffie Closed beta for Shopify Pricing App
JOIN CLOSED BETA

Join Sniffie Shopify Closed Beta.

SELECT PRODUCTS

Select your products for optimisation.

Pricing dashboard profit widget
SEE RESULTS

See live results in overall profitability.

How does the optimisation work?

1. JOIN CLOSED BETA
Apply to Sniffie Closed beta for Shopify Pricing App

Join Sniffie Shopify Closed Beta.

2. SELECT PRODUCTS

Select your products for optimisation.

3. SEE RESULTS
Pricing dashboard profit widget

See live results in overall profitability.

A Nordic e-commerce store with several millions in turnover started using Sniffie. 

The company simultaneously optimised 311 individual SKUs in the first 2.5 months, with an average sales price of 33€ and average sales volume of 0.06 per day in the beginning. The algorithm only had 25 days worth of transactional data from one price point to learn from. The result were 6-figures in euros and are outlined on the right.

Learn in detail how AI-powered dynamic pricing can help you maximize profits with no manual work 

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Book a 20 minute demo

In just 20 minutes, we'll tell you which products to optimise and walk you through your free trial.

CUSTOMER STORIES

Don't just take our word for it

Benefits

INCREASE MARGINS OF BEAUTY & COSMETICS PRODUCTS

Set e-commerce pricing based on your products’ real demand and optimise profitability while minimizing product cannibalization. Sniffie changes your product pricing automatically.

WORK ON WHAT MATTERS

Run your business normally and optimise prices while you go. Sniffie AI works on the background and studies all your purchases to make sure you get the best possible price for your products. 

AUTOMATE PRICING FOR GOOD

You have a lot of things to do. Developing or scouting for trendy beauty and cosmetics products, ordering them from world apart and lastly, marketing them. Leave price optimisation in short and long term for Sniffie and set your penetration price as well as the final prices always right.

REDUCE CANNIBALISATION

When pricing a lot of products there is a risk you cannibalise your sales in one part of the product portfolio, while gaining increase in another. Sniffie makes sure you will not cannibalise your own products.

JOIN CLOSED BETA

Sniffie’s closed beta programme for Shopify gives you free optimisation up to 30 products for 30-45 days.

The beauty of the deal is it’s simplicity:

  1. No fees included
  2. Quit anytime
  3. In the likely scenario that you are happy to review us and recommend us by working as a reference you can extend your closed beta stage for up to 2 months more
Sniffie Shopify integration for pricing automation

Built for Shopify shops

Sniffie Shopify App keeps your pricing automatically in optimal price point and makes sure you receive the best possible profitability for all your products.

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These are just some of our happy customers

Ditch the gut feeling and guess work

Finding and keeping the most profitable price point is nearly impossible to do manually. Especially if you develop or start carrying new products every season. Sniffie studies all your conversions and makes sure you get the highest profit possible for your products from laptops to cables. 

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FAQ

Most frequent questions and answers

Yes you can. Our price optimization tool is based on reinforcement learning rather than neural networks, which means you don’t need huge amounts of historical data to get you started. Granted, the more historical data you have, the faster you can ramp up, but you definitely don’t need tons of data to get the ball rolling.

Yes. Sniffie collects each and every sales event from your Shopify database and studies what is the most profitable price your customers are willing to pay for.

Simple. You connect your Shopify Shop to Sniffie with three clicks and then select products you want to optimise. Sniffie will show you first price suggestions and ask for your approval before starting the optimisation. Then it’s fully automatic process. 

Yes. You can stop the optimisation process at any time. You will not be invoiced on that SKU anymore, unless you start optimising that again. 

In the best case, you get immediately a clear picture about the rough optimal level for your price points. The optimisation is based on reinforcement learning method and testing, so the more you have historical data, the more likely it is Sniffie is already on the ballpark once we start.

Sniffie will react also to market changes that are relevant. Meaning a sudden campaign of a competitor will not necessarily be enough for Sniffie to start optimising your prices. But if the prices drop significantly on the market Sniffie will notice it and start finding the new optimal price point. 

When it comes to marketing activities like digital advertising campaigns or newsletters, we can separate specific products from others and treat them differently from those with no ongoing promotion. But just like with digital marketing, things like website traffic are often poor attributes because you can never filter out all bot traffic and unengaged/irrelevant visitors. In fact, since the algorithm assesses a price point depending on if it’s sold or not, taking increased or decreased traffic numbers into account with no further information would often be misleading (e.g. if your marketing campaign attracted a lot of people with no real buying intent).

No matter your sales volumes, our tool’s pricing recommendations are always just as reliable. With lower sales volumes it just takes a bit longer for the tool to find the optimal price point.

No need to spend days (or weeks!) of work time each month monitoring competitor prices or adjusting your pricing strategies manually. Just plug in our tool and it will make sure you won’t ever again leave easy money on the table by not pricing your products proactively.

Don’t worry – our AI is no black box, actually quite the opposite: you have full visibility and control over anything and everything that happens at all times. If you wish, you can always opt to confirm price recommendations before going live. Optionally, you can also set safeguards to keep changes within preferred limits. 

Our reinforcement learning based pricing tool can increase profit margins equally well (according to our data, up to 10% on average, compared to manually set pricing rules) for high-end e-commerce brands, cut-price retailers with high sales volumes, and anything and everything in between.

While Sniffie can easily handle pricing for tens of thousands of products, we typically recommend businesses to start small and expand product use to long-tail products only after that. This ensures that you learn to make use of all the new data that you have at hand.

We offer a native integration on Shopify and easy-to-implement integrations with Magento (Woocommerce and other e-commerce platforms coming). If we don’t have an integration with your e-commerce platform, ERP or other systems yet, we’re typically able to offer tailor-made integrations that are easy to implement and don’t require too much of your developers’ time.

We’re so confident our tool works that we even have a money back guarantee! With our AI-based price optimization tool, e-commerce and retail businesses can increase profit margins by 5% during the first 90 days of use only (T&Cs apply), and on average 10% more compared to traditional methods of calculating price elasticity.

Join our Closed Beta to improve your profitability