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AI-powered dynamic pricing and market intelligence optimization for e-tailers.
Tracks competitor pricing feeds and stock changes across e-commerce channels in real time. Analyzes store visitor traffic and purchase elasticity using machine learning models. Automates dynamic price updates on storefronts to capture peak demand margins. Provides analytics dashboards highlighting high-margin inventory opportunities and pricing gaps.
Automates manual price tracking and recalculations across large multi-SKU product catalogs. Prevents margin erosion during promotional periods by dynamically balancing price elasticity. Lightweight web extensions and APIs enable seamless setup on existing store architectures. Real-time algorithmic repricing keeps online merchants competitive against automated retail giants.
Category: AI & Automation
Team Size: 2-10
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rightprice.ai (Right Price Systems) is an AI-driven price optimization platform designed for online retailers and e-commerce brands. The software integrates directly with existing e-commerce storefronts to continuously monitor web traffic, sales conversion rates, stock levels, and competitor pricing feeds. By analyzing real-time demand patterns, rightprice.ai automatically calculates and applies optimal product prices to maximize profit margins and revenue.
rightprice.ai was founded in 2017 in Stockholm, Sweden, to address the challenge online retailers face when manually managing dynamic price strategies against fast-moving competitor feeds. The platform was engineered to utilize machine learning models that process real-time site visitor behavior, competitor pricing, and inventory data, allowing e-tailers to deploy automated, margin-maximizing price updates.
