Boxed
Design Leadership, Product Design, Creative Direction, and Strategy
Boxed Relaunches Software & Services Business Unit as Spresso
Price Optimization: A new solution to balance profit and conversion
Price Optimization determines five price points, equally distributed within a specified range, and immediately starts to present those price points equally to consumers on the retailer’s website. Then, in real-time, it identifies which price point is performing the best, either converting at the highest rate or generating the most profit, according to the goals set within the app, and begins to drive more site traffic to that price point.