Improve your profitability
Don't leave something as crucial as pricing up to chance. Optimized pricing will make you more money every month.
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SweetSpot is built from the ground up to ensure accurate, and actionable test results.
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We will personally help you get started, and answer any questions you might have.
About SweetSpot Price Optimization
SweetSpot allows you to run statistically sound A/B tests for the price of your products. It helps you find the optimal point on the price elasticity curve resulting in increased profits for your business.
Most serious store-owners spend considerable effort on A/B testing various landing page designs, color schemes, and checkout flows. Despite this, few of us put effort into making sure our pricing is equally optimized. Finding a more profitable price for a product is one of the best ways to make your business stronger.
SweetSpot works just like regular A/B testing:
- Select a control price and a test price for one or more products
- Start the experiment!
- Let the experiment run until it reaches a statistically significant result
- Adjust the price accordingly
Rinse and repeat until you've found the optimal price.
When conducting any scientific experiment, it's essential to control for confounding variables. For example, if you change the price of a product from one week to the next, there's no way of knowing the impact of the change on your profits. It might just be that more people bought more the other week because it happened to be when they received their salaries. In this case, you might get mislead into switching to a price that may even perform worse than the original.
This is why you want to base crucial business decisions, such as the price of your product, on statistically significant results. Luckily, you don't need to be a Data Scientist to use SweetSpot! It has been built from the ground up to deliver reliable results through an easy-to-use interface.
Proven results with early clients
Before releasing SweetSpot to the Shopify App Store, we wanted to make sure that it can deliver the kind of results we're promising, so we ran price experiments with successful merchants from our network. In an early trial, changing the price lead to a significant increase in profit. These results made us confident SweetSpot could help others too.
Built by e-commerce veterans
We understand that any downtime or issues can quickly add up to a lot of lost revenue. That's why we built SweetSpot on state-of-the-art infrastructure using high-assurance software development practices. We think you'll be pleasantly surprised with the reliability of our app.
Learn from big players
Price testing is by no means a new invention. Airlines, hotels, and large e-commerce companies have been doing dynamic pricing and price optimization for a long time. Until now, their strategies haven't been accessible to Shopify merchants, but we're here to change that.
$200/month up to $100k in monthly store revenue, then $100/month for each additional $100k monthly store revenue.
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* All charges are billed in USD. Recurring charges, including monthly or usage-based charges, are billed every 30 days.