Perfect your Shopify pricing and increase the profitability of Electronics Cosmetics Sports goods Clothing Sex toys Home decor Hardware Tools Jewelry Luxury goods Kids toys Furniture
Convert more customers, keep your pricing inline, and ensure the profitability of your Shopify store! – Everything with one service.
In our reference case margin impact was on average 12.6 % and resulted in 6-figure profits in €.
Price is the #1 profitability and value driver in ecommerce.
No matter if you’re selling consumer electronics, beauty & cosmetics products, or sporting goods, price is the #1 profitability and value driver for your products. More and more products are being sold on the web and for consumers it’s increasingly easy and simple to compare the prices of 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?
Watch the video below and get an understanding how we can help!
Sniffie for Shopify
Developing a profit structure for your Shopify store’s products has never been more easy. It has also never been more crucial. Sniffie’s trustworthy AI will automatically change your prices and find the optimal price point in no time. Let the algorithm do its work and achieve improved results.
Wether you want your product pricing to become truly dynamic or you are looking for a way to plan and run effective markdown or discount campaigns we’ve got you covered!
Our pricing software is the one-stop pricing platform for your Shopify store.
Need a Pricing Tool for Shopify?
Take the first step and see how we might be able to help you. We offer a 7-day free trial with demo data.
No credit card needed – no strings attached.
Benefits of Sniffie
With over 300+ users connected to Sniffie using Shopify, we have mastered the two-way integration to ensure a pain-free onboarding process.
A Nordic e-commerce store with a turnover of +3M € 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.
Average margin increase
Average revenue increase
Return on investment
Margin increase per product (up to)
See how our current customers have experienced our service!
“Based on the results Sniffie will boost your revenue and profit. Excellent support and development team!”
“I like that our profits have increased. Amazing for the bottom line. Initial set up was easy. System gets stronger over time.”
“Genuine willingness to support the business growth. Focus is not only the tech side, but the help in general is significant.”
Consumer Electronics, 1-10 employees
Used the software for: 2+ years
Price optimisation benefits for products sold in Shopify
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 on your products.
AUTOMATE PRICING FOR GOOD
You have a lot of things to do. Developing or scouting for trendy products, ordering them from world apart and lastly, marketing them. Leave perfecting your pricing in short and long term for Sniffie and set your penetration price as well as the final prices always right.
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.
Need a Seamless Pricing Solution for Your Shopify Store?
We are here to improve your pricing and we want you to have the best possible experience with us!
If you have any questions, concerns, or comments regarding our Shopify offering simply book a meeting with us from the calendar ➡️
We’re happy to help, let’s have a chat and see how we might help you with your pricing challenges or questions!
Sniffie Pricing Software is your one-stop pricing platform. All packages include the basic modules that cover all your pricing needs. Get started now with a 14 day free trial for Shopify stores!
Show 30-day lowest price in discounts. Profitable discounted pricing & Omnibus Directive compliant
Omnibus Pricing App shows automatically the 30-day lowest price in your discount campaigns. The App tracks the running 30-day lowest price point & includes discount codes to make sure your discounted pricing is shown with 30-day lowest price. Show the 30-day lowest price on product page with our code snippet. App includes Omnibus Directive compliance monitoring, 30-day lowest price in discounted pricing, discount code tracking, incompliant product corrections and code snippet for your theme.
AI guided discount campaigns for optimum profit
Boost your profits in sale and discount campaigns with Sniffie’s AI-driven Smart Sale & Discount Campaigns. Use AI-driven pricing insights to choose right products for discount campaigns and plan optimal discounted pricing with AI profit forecasts. Achieve desired profit and make profitable discount campaigns without manual calculations and guess work. Run flash sales and discount campaigns, schedule your upcoming discount campaigns and get profit forecasts live when planning a campaign.
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 accessories.
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.