pmoot

11 ms·

1.
by pmoot 1y ago
We faced a similar issue with GDPR at Uber. We will definitely need to be careful, but many merchants already have customer opt ins (e.g. the cookie consent pop up) for data processing that we ideally should be able to piggy-back off of.
2.
by pmoot 1y ago
We're using a neural network, not a bayesian model. And we haven't used Pete Fader's work, but thank you for the resource.
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by pmoot 1y ago
Yes, that's mostly right. We also vary the discount value, so it's less a binary discount/no discount and more a range. There is often a cutoff though. Merchants can input a hard cutoff e.g. if they want to ensure everyone ge
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by pmoot 1y ago
Yes. We're going through Shopify, so merchants agree to terms when they install the app. There's user activity data, but also contextual data and shop data that we use. 'Contextual' data refers to things like device type
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by pmoot 1y ago
We use historical purchase data, as well as view history, traffic source, device type, etc. Traffic source a lot of times is the most impactful. People coming from ads are often more in a browsing mindset, vs. people typing in the url direc
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Launch HN: Promi (YC S24) – Personalize e-commerce discounts and retail offers
25 points by pmoot 1y ago|11 comments
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by pmoot 2y ago
When a shop installs our app we're able to pull this data from Shopify for that shop. We aren't looking into competitor discounts, but might be something for the future!
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by pmoot 2y ago
We probably haven't done a great job communicating this to smaller merchants yet. Re personalization - We'd plan to make it an optional field for merchants to use, so if they are worried they don't necessarily need to enable
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by pmoot 2y ago
1) What we're really doing with this first product is predicting how price impacts conversion rate. That's been a relatively simple thing to measure in my experiences. It's more difficult to do things like predict a customer&
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by pmoot 2y ago
Right now the updates occur daily, we're planning on building a bit more intelligence into the update cadence over time (e.g. once we see we have a stat sig read on how the price change impacted conversion). Retailers don't approv
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by pmoot 2y ago
In my experience there's also a ton of B2B demand for AI right now. I've been working with AI in this space for the past 4 years and the desire from merchants to use AI tools has really ramped up. Supply follows demand to a certai
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by pmoot 2y ago
Good feedback. Ideally we have a few case studies actually showing the impact we generate, we just have to complete a few of those first. We've been open to working with customers on a trial basis also. This price is mostly based on in
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by pmoot 2y ago
Thank you! 1) Yes, personalization might have a bit of an experience tradeoff. We can try to mitigate this with messaging like "flash discount" or "just for you". But we also want to make it optional for merchants. In m
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Launch HN: Promi (YC S24) – AI-powered ecommerce discounts
41 points by pmoot 2y ago|26 comments