This FAQ contains relevant and frequently asked questions about the use of Smart Sale & Discounts App.
How does Sniffie calculate profit & demand forecasts for discount campaigns?
Sniffie calculates profit and demand forecasts for discount campaigns by leveraging valuable insights derived from historical data. By analyzing price elasticity and seasonal patterns, the app combines this information to provide accurate projections, helping you make informed decisions about your discount campaign strategies.
What kind of data does Sniffie’s AI analyze to determine the optimal discount strategy/optimal prices?
Sniffie's AI leverages a range of data to determine the optimal discount strategy and prices. By analyzing factors such as price elasticity and seasonal patterns specific to your set of products, the AI ensures that the chosen strategy not only maximizes profitability but also prevents cannibalization, providing you with well-informed guidance for achieving optimal pricing.
How frequently does Sniffie update its pricing insights and profit forecasts?
Sniffie updates its profit forecast on demand. The insights depend on the plan you have chosen. For the Free plan, insights and elasticity are analyzed every 4 months. With the Basic plan, they are analyzed every month. The Plus plan offers weekly analysis, while the Pro plan provides daily analysis of insights and elasticity. This ensures that you have the most up-to-date and relevant information to inform your pricing decisions.
Is Sniffie's AI capable of analyzing competitor pricing data to inform my discount campaign strategy?
No, Sniffie's AI focuses solely on analyzing your own data and does not include competitor pricing data. It empowers you to make informed decisions for your discount campaign strategy based on your own information, ensuring a personalized and tailored approach.
Does Sniffie provide insights on which products are best suited for discount campaigns?
At present, Sniffie does not provide insights on which products are best suited for discount campaigns directly through its user interface. However, rest assured that this feature is already calculated and will be introduced in the future. Sniffie is actively working on incorporating this functionality to help you identify the most suitable products for your discount campaigns, enhancing your decision-making process.
Can I try Sniffie's AI features before committing to a subscription or payment plan?
Absolutely! We offer a free plan that allows you to experience Sniffie's features before committing to a paid subscription. It provides an opportunity to explore the capabilities of our app. It's important to note that with the Free plan, insights and elasticity analysis occur every 4 months. If you're seeking to maximize the benefits of our AI and depending on your specific needs, upgrading to a paid plan is recommended to unlock more frequent and comprehensive analysis.
How often does the app receive updates or bug fixes?
The frequency of updates or bug fixes for the app varies depending on the occurrence of bugs. There is no predetermined schedule, but any issues that arise are promptly addressed and fixed as quickly as possible. Our team is dedicated to ensuring a seamless and reliable experience for our users, prioritizing timely resolution of any bugs that may arise.