Intelligems Profit Optimization: Test Every Component of Your Pricing Model to Drive Shopify Profits
Price Testing
Jul 18, 2024
Intelligems Profit Optimization: Test Every Component of Your Pricing Model to Drive Shopify Profits
Intelligems Profit Optimization is the only profit optimization tool built for Shopify with easy-to-use, profit-focused analytics.
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Drew Marconi
Many Shopify merchants still use informal experiments, or even guesswork, to set their prices.
A better strategy? Find your “sweet spot” — the price that drives the most profit — through data-driven experiments with Intelligems Profit Optimization.
It’s time to stop assuming what customers are willing to spend and determine exactly what pricing strategy boosts profits. Intelligems makes it easy to gather data on which prices drive conversions, increase revenue, and, most importantly, maximize profit, all without impacting demand.
How it works
Easily split-test prices, shipping rates, offers, and discounts with Intelligems Profit Optimization. In just a few clicks, learn which offers customers respond to and adjust pricing on the fly.
Test-drive every aspect of your pricing model
Optimize every pricing-related component on your site, like product prices, shipping fees, free shipping thresholds, discounts, subscription plans, and promotional offers. From your Intelligems dashboard, easily add multiple test groups, designate traffic distribution, select which products to include, and set a price to test for each group.
Native onsite experience
By integrating upfront with every place that prices appear on your site, such as product pages and checkout screens, Intelligems dynamically updates what customers see depending on which test group they’re in and ensures a seamless experience across the entire site
Powerful analytics
Get the big picture with high-level metrics like profit per visitor, or go granular and dig into tradeoffs between profit, AOV, conversions, and more. To help you make data-driven decisions as quickly as possible, our statistics engine shows real-time predictions on which price point is most likely to win.
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3 reasons to choose Intelligems
Shopify price testing should be seamless and intuitive. With fast, easy access to the data you need, you can set optimized prices you know will drive profit.
1. The only profit optimization tool built for Shopify
Create a seamless customer experience — with little to no extra work. Intelligems integrates with Shopify-connected tools, like top subscription apps, to automatically keep pricing consistent across all a merchant’s owned channels, including:
Product pages
Checkout screens
PDPs and landing pages
Abandoned cart emails
Product recommendations
Subscription pricing
2. Easy-to-use, profit-focused analytics
Intelligems doesn’t just let you run tests — our best-in-class analytics reveal exactly how outcomes drive profit. In one click, you’ll build a data pipeline from your store to our platform. Then, ecommerce-specific metrics provide immediate, actionable takeaways.
Statistics engine: Get data-backed insights to inform smarter business decisions.
Ecommerce-focused metrics: Unique metrics, like revenue per visitor and profit per visitor, tell you exactly how your changes impact the bottom line.
High-level and granular metrics: Get a big-picture view of results with conversion rate, AOV, and more. Or drill down with product mix, discount usage, and shipping rate selections.
3. Intelligems pays for itself many times over
On top of powerful price testing, the Intelligems Profit Optimization plan also includes content testing. This allows you to fine-tune non-pricing elements like copy and images.
Even with these expanded capabilities, Intelligems is more than 50% cheaper than competitors like Optimizely and VWO, which can cost thousands per month for content testing alone. Intelligems is the only content testing solution that offers price testing, too.
Best of all, Intelligems customers see an average 33x ROI and a median 6% lift in gross profits. Over 95% of brands that run three or more tests find a better price point that gets them closer to their business goals. Not only are these optimizations the fastest way to grow bottom-line profit, but they continue to make you money over time.
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Optimize every price for maximum profit with Intelligems
With Intelligems’ profit-first, data-driven experiments, there’s no reason to take chances when setting your prices. With our Profit Optimization plan, you can split-test anything on your site, including content, prices, shipping rates and thresholds, and discounts.
Don’t use Intelligems yet? Book a demo or try Intelligems free for 7 days, and see how you can increase profits with price testing.
AB Testing
Shipping Testing
Analytics