September 2020 Update

We now support two more types of tests:

• Percent based tests (where the price of every variant is changed according to the same %)
• Tag level tests (where all products with the same tag will be included in the test)

July 2020 Update

As part of our ongoing goal to be the most user-friendly price testing platform in the world, Leaflet now supports the following types of price tests:

• A test on every variant of a product
• A test on a specific product variant
• A test on a subset of product variants

Relatedly, test results can now be broken down by variant or aggregated across all variants within the test, and similarly Leaflet's AI powered test suggestions can be delivered at the variant or product level.

Overview

Leaflet makes it easy to find out how much your customers willing to pay! The most profitable price isn't necessarily the highest or the lowest. Finding the sweet spot for your prices will enable you to maximize sales and gross margin.

How does Leaflet accomplish this? By helping you design, launch, and measure price tests. The most common pitfalls people run into when trying to do price testing on their own are:

• Testing the wrong products
• Testing the wrong prices
• Not collecting the right data
• Letting tests run too long or not long enough

Leaflet helps you avoid all of these pitfalls using patent-pending artificial intelligence. It's like having a team of statisticians and data analysts dedicated to your Shopify store!

Frequently Asked Questions

• What is "price testing"? Price testing is a methodical, iterative process of modifying your prices and measuring how those changes impact the profitability of your business, with the goal of honing in on the most lucrative prices.
• How long do price tests need to run? It depends on several factors, including: (i) how much traffic you have before and during the test, and (ii) the difference in profitability before and during the test.
• Does Leaflet duplicate my products? No, Leaflet does not duplicate your products.
• Does Leaflet show different prices at the same time? No, Leaflet shows the same price to everyone to avoid negative reactions from customers. This approach is called "longitudinal testing".

Is Leaflet right for your store?

• If you have ever wondered whether you are charging the right prices, you've come to the right place!
• If you have ever said "I don't have time to mess with pricing", Leaflet is for you.
• Leaflet works for stores of all sizes and stages of business; there are NO minimum amounts of traffic/sales/revenue required.

Technical specifications

• Plug-and-play installation
• No changes to theme files or coding required
• No limit on size of product catalogues
• API access available upon request