In the ever-evolving landscape of eCommerce, Promi AI emerges as a cutting-edge tool designed to revolutionize how businesses manage and optimize discounts. Developed by industry veterans Peter and Jiaxin, who previously honed their expertise at Uber, Promi AI is rooted in the innovative use of AI to enhance eCommerce profitability. This platform leverages an extensive array of signals from users, products, and time to craft personalized and dynamically updated discounts, aiming to replace traditional discount campaigns with more strategic offerings.

The primary purpose of Promi AI is to intelligently allocate discount resources, maximizing revenue and profitability for eCommerce retailers. It addresses the common challenge of discount wastage by shifting discount efforts away from customers who would make purchases without incentives towards potential buyers who require a little extra motivation. This targeted approach not only increases conversion rates but also significantly boosts overall revenue, a strategy that proved successful in generating over $1 billion in gross bookings for Uber.

Utilizing advanced machine learning algorithms, Promi AI optimizes discount strategies tailored specifically for each merchant's goals, making it an invaluable tool for midsize to large retailers on Shopify. With a focus on enhancing customer engagement and driving sales conversions, Promi AI stands out in the marketplace as a transformative solution for retailers aiming to harness the power of data-driven discount personalizations. As the eCommerce sector continues to grow, Promi AI presents a promising avenue for businesses seeking to not only retain but also expand their customer base through smarter discount management.