Sumtive Discounts

Develop by Sumtive

Free App

Personalise discounts with consumer Instagram data

Data-driven discounts

Consumer profile analysis

Natural language prompts

Consumer engagement tracking

About Sumtive Discounts

Launched Jul 01, 2024

Built by Sumtive

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Description

Our app uses data analytics to help merchants personalise discounts for consumers with different profiles. Unique to our app, consumers can share their data without leaving the store. Merchants set their discounts beforehand through simple natural language prompts. As consumers interact with our app, we detect which profiles are less likely to buy, allowing merchants to target them with higher discounts. This flexibility helps merchants tap into new markets.

Learn what type of consumers are most likely to buy
Give higher discounts to less engaged consumer profiles
Minimise reliance on mass sales that reduce margins

Pros

Allows merchants to personalize discounts based on consumer Instagram data
Consumers can share their data without leaving the store, making the process seamless and convenient
Merchants can set discounts through simple natural language prompts, which makes the setup user-friendly
Helps detect consumer profiles that are less likely to buy, enabling targeted discounts
Assists merchants in tapping into new markets by offering flexible discount options
Reduces reliance on mass sales, which can negatively impact profit margins

Cons

Dependence on consumer Instagram data may limit applicability to consumers who do not use Instagram
Privacy concerns could arise from consumers sharing their data within a store
The effectiveness of personalized discounts is contingent on accurately analyzing consumer data
May require continuous monitoring and adjustments by merchants to optimize discount strategies
Initial setup and integration with store systems might involve a learning curve or technical hurdles