SweetSpot

price optimization

Discover more profitable prices for your products

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.

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Most serious sellers 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
screenshot of the sweetspot dashboard on the experiment overview page

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:

Statistically sound

a purely decorative, colorful, abstract graph

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 correctly attributing the results to the price change. 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. Where some other apps will give you overly optimistic or statistically unsound test results, we will always deliver truthful results.

Built by e-commerce veterans

Our team has a long track record of working on high-traffic websites of some of the world's leading brands. 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.

Proven results with early testers

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 early testers. In one of these experiments, an increase in price led to a 30% increase in revenue!

Learn from the big players

Price testing is by no means a new invention. Airlines, hotels, and large ecommerce 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.

find your sweetspot

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