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Profasee

Profasee

软件开发

Miami,Florida 961 位关注者

Profasee’s dynamic pricing platform enables brands to predict the perfect price for every product at each precise moment

关于我们

Predict the perfect price, every time. Profasee’s dynamic pricing platform enables e-commerce brands to predict the perfect price for every product at each precise moment.

网站
https://www.profasee.com
所属行业
软件开发
规模
2-10 人
总部
Miami,Florida
类型
私人持股
创立
2021

地点

Profasee员工

动态

  • 查看Profasee的组织主页

    961 位关注者

    Thank you Max Sigurdson-Scott for breaking this down!

    查看Max Sigurdson-Scott的档案

    The ASIN Audit Guy | The Only Mission: Make Amazon FBA sellers like you more money & find your blind spots

    I used to manually change my Private Label prices: Huge mistake. Massive Amazon Hack & Tip List - Day 317/365 ?? Okay, our prices should only be fluctuating to try and accomplish one of three things: 1) Make more Total Profit 2) Make more Total Sales 3) Stay in Stock Unless you're doing something very very specific (like reacting to competitor pricing or meeting other agreements), these should cover it. Each of your ASINs should have one of these goals. The problem: It's basically impossible to manually adjust and change all of these prices yourself while maximizing profit. Only AI can do it. Yup. If we're optimizing for Profit or Revenue -> We need to change our price based on: demand, price elasticity, market conditions, and competitors. 1) If the goal is ????????????, we balance higher prices (for more profit per unit) with demand to ensure we're making the most overall profit. 2) If the goal is ??????????????, ??t might lower prices to sell more units and increase total sales income. 3) Target Velocity -> Instead of focusing on profit or revenue, we aim for a specific ?????????? ???????????????? (the number of units we want to sell per day). It's great for inventory management. For example: ? We have 200 units in stock. ? Our next shipment arrives in 10 days. ? To avoid stockouts, we need to sell 20 units/day. ? We set 20 units/day as our target, and change prices to ensure we hit that average daily velocity. The model adjusts the price to ensure you hit that target velocity, even if it means sacrificing profitability or revenue. The entire goal with this model is to NOT run out of stock. Maybe you could do this with 1-5 SKUs. But it would take a long time. Fuggetaboutit if you have more then 5. This is why I use Profasee I just don't understand why everyone isn't using this software. For real. Markets shift daily. Customer demand fluctuates hourly. Manual pricing wastes time and leaves money on the table. ?? Want a constant stream of Amazon Hacks & Tips delivered directly to your face? Sign up for our bi-weekly newsletter, here: - https://lnkd.in/g9RrWizG Did this help? let me know with an instant repost! ?? See you back here tomorrow at 10 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

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  • 查看Profasee的组织主页

    961 位关注者

    ????

    查看Fred McKinnon的档案

    Founder of eComCatalyst ?? | Helping Brands Scale Profitably on Amazon | Pianist & Composer by Passion ??

    Today I had a quick call with Chad Rubin so I could get a demo of Profasee ... we hung out some at Innovate and when he got on the Zoom this morning, I had this wild hair idea to record it for my YouTube channel. Thankfully, Chad graciously agreed ... and is now my first official "guest" on the eComCatalyst YouTube Channel. What Chad is doing w/ Profasee (pronounced like Prophecy, very clever!) is amazing. I mean, if it paid for Mina Elias wedding, it's good enough for me! ?? If you've not yet booked a free demo, get over there and signup! #amazonseller #amazonprivatelabel #privatelabel #amazonrepricer

  • 查看Profasee的组织主页

    961 位关注者

    This is the INSANE story of Max Sigurdson-Scott ??

    查看Max Sigurdson-Scott的档案

    The ASIN Audit Guy | The Only Mission: Make Amazon FBA sellers like you more money & find your blind spots

    The #1 reason why I believe in Profasee: They can increase price and while maintaining rank Massive Amazon Hack & Tip List - Day 302/365 ?? What I’m about to share isn’t just any Amazon strategy. It’s the story of how we used precise, data-driven pricing to double profits on a single ASIN using Profasee. Here’s what we did, and what you can learn from it. ???????????????? ???????? ?????????????????? We kicked off at a comfortable $14.50 per unit—a safe spot. But comfort doesn’t drive growth. We pushed the boundaries of what this product could sell for, raising the price to a $16.50-$18 range, a 14% increase with minimal impact on volume or ranking. Now, I’m consistently moving ~1,000 units every month at a higher profit margin. ???????????????? ?????? ?????? ???????????????????? ????????????: BSR was critical. The algorithm found the optimal pricing range that aligns with customer willingness while locking our BSR between 3,000-5,000. Many brands raise prices only to watch rank drop, but we were able to keep our position secure, maximizing profits and securing long-term growth. ???????????????????? ???????????????????????? Over 15 months, we tested 20+ price variations, ranging from $13.50 to $18.50. Every price test taught us more about our customers’ sweet spot. Today, we’re locked into that $16.50-$18 range, where profit and volume work together seamlessly. ?????? ????????????? ???????? ???????????? ???????????? Our margins expanded by 60%, delivering a 2X profit jump YOY. Daily profits on this ASIN now sit at $350. This transformation didn’t come from guesswork; it’s the result of relentless, data-driven adjustments by AI. ?????? ?????????????????? ?????? ?????????? ???? ????*?????? ???????????????? ?????????? ????. ?????? ???????????????? This isn’t your average Amazon strategy. It’s the result of calculated, precise decisions that have transformed my business. Profasee doesn’t pay me to share this; I’m talking about it because it works, and I know it can work for others too. Remember, making you money is what we do here. ?? Want a constant stream of Amazon Hacks & Tips delivered directly to your face? Sign up for our bi-weekly newsletter, here: - https://lnkd.in/g9RrWizG Did this help? let me know with an instant repost! ?? See you back here tomorrow at 10 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

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  • 查看Profasee的组织主页

    961 位关注者

    ????????

    查看Max Sigurdson-Scott的档案

    The ASIN Audit Guy | The Only Mission: Make Amazon FBA sellers like you more money & find your blind spots

    Massive Amazon Hack & Tip List - Day 149/365?? Automatically avoid 270-day storage fees (u no need to use brain): I am loving this new feature from Profasee. BTW they are continually coming out with super cool models to save sellers money. The other ones I am loving: >Charm pricing: Set all prices to $x.x9 >Virtual Bundle pricing: Set all VB's to match your desired discount >Low inventory pricing: Set price to maximum desired when inventory runs low to slow down sales volume They're calling it the "Storage Fee" model. How it works: This feature automatically reduces the prices of SKUs that have been aged over 270 days (number of days is adjustable) to help avoid high storage costs. As you may or may not know, the pain really starts to ramp up around 270 days. One question I had for Chad Rubin: How does the model work if I have some units that are aged over 270 days but some that aren't? For example I send in a shipment of 1000 units, and 100 are left and aging at 270 days. Then, I send in 1000 more. So, at this point I have 1100 total (but only 100 are aging @ 270 days). Does it still lower the price for all of them? What do you think? Have you given Profasee a shot? ?? Instantly Repost with a friend who needs to hear this :) See you back here tomorrow at 10:15 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

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  • 查看Profasee的组织主页

    961 位关注者

    Any takers?

    查看Chad Rubin的档案

    Ready to bet against me on the future of Amazon? I’ve placed my bet: $2.3 million that AI will revolutionize Amazon just like it did Wall Street I challenge anyone here to bet against me! ?? Here’s what happened on Wall Street: 2000: AI managed just 10% of all trades on the US stock market. 2020: AI surged to dominate 73% of all trading activity. But, what about AI for Amazon brands? ?? Today: The Amazon 3P marketplace is 90% human effort, mirroring Wall Street in 2000. 2030: AI controls the majority of pricing, ads, inventory, and listing creation. As of now, algorithms haven’t yet moved the marketplace—but that's about to change. I’m 100% certain of it That’s why I've already staked $2.3M on Profasee based on this belief. Are you bold enough to challenge my bet with your cash? Many will recall how previous AI tools, including AI repricing, fell short. Yes, they were sh*&t. However, with today's advanced technology, we're operating on a completely new level—I have the compelling data to back this up. Profasee leverages AI to implement dynamic 'uber-surge' pricing strategies throughout the week, driving our brands to achieve 10-15% additional profit dollars. I’ve placed my bet, so I challenge you: what's your move?

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