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PROFIT OPTIMIZATION

Maximised profitability with Profit Optimization ​

Automatically find the most profitable price points and set prices your customers are looking for.

Used by 500+ companies

Trusted by teams at

Maximised profitability with Profit Optimization ​

Automatically find the most profitable price points and set prices your customers are looking for.

Used by 500+ companies

Trusted by teams at

PROFIT OPTIMIZATION

Increase your profitability

Maximize profits with our AI-driven profit optimization software. 

CAPITALIZE ON DEMAND

Master your shop demand

Let our AI to find the best possible price your customers are willing to pay.

LEVERAGE AUTOMATION

Improve your results while saving time

Use preset AI models or tune your own model to optimize your pricing profitability.

PROFIT OPTIMIZATION

Increase your profitability

Maximize profits with our AI-driven profit optimization software. 

CAPITALIZE ON DEMAND

Master your shop demand

Let our AI to find the best possible price your customers are willing to pay.

LEVERAGE AUTOMATION

Improve your results while saving time

Use preset AI models or tune your own model to optimize your pricing profitability.

PROFIT OPTIMIZATION

Increase Your Profitability

Maximize profits with our AI-driven profit optimization software.

CAPITALIZE ON DEMAND

Master your shop demand

Let our AI to find the best possible price your customers are willing to pay.

LEVERAGE AUTOMATION

Improve your results while saving time

Use preset AI models or tune your own model to optimize your pricing profitability.

+100.000€ improvement in profitability in the first months alone

Read how  a Sexual Health Ecommerce Store improved their profitability with profit optimization.​

Key Features of Profit Optimization

Real AI

Sniffie uses reinforcement learning method and suits well also for lower volume products.

Clever grouping

Optimize products individually or create product groups to avoid product cannibalization.

Convenient to use

Just select the products and utilise our ready-made profit optimization strategies.

+100.000€ improvement in profitability in the first months alone

Read how  a Sexual Health Ecommerce Store improved their profitability with profit optimization.​

Key Features of Profit Optimization

Real AI

Sniffie uses reinforcement learning method and suits well also for lower volume products.

Clever grouping

Optimize products individually or create product groups to avoid product cannibalization.

Convenient to use

Just select the products and utilise our ready-made profit optimization strategies.

FAQ

Profit optimization is a process where your products are set to a price point that will deliver you the best possible financial outcome. The simple profit formula is calculated by multiplying the amount of products sold (volume) and the profit margin per product (price-all costs). The optimization process also takes into account product cannibalisation (sales increased in one product lowers the sales in other products) and other relevant costs (marketing, product returns) that would lower your total profits. 

Sniffie profit optimisation module is based on enforced learning method which tests your shops real demand and starts to learn from the process. The process starts with a learning phase where the AI is given automatically your transactional history (orders). From that learning the machine starts to find out which price point will be the most optimal in terms of total profit (volumes X profit).

Profit optimisation works best for the products that are harder to compare online. Such product are often private labels and therefore have no comparison online. All products can benefit from profit optimization.

Every business is in it to make a profit. Profit optimisation is used to improve your profitability. Profit optimisation can be done manually, yet it is time-consuming and needs professional expertise. Our approach is fully automatic and reliable. So the answer to your question is: to make a better profitability.

Absolutely yes. You can modify whatever parts of the optimisation process and our customer success team can also guide you in the process.

Basically a good thumb rule is that you would need to have 5-10 products sold per week. The more there is, the faster and solid the process is.