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AristanderAI Extension
M1

TOTAL:
$0.00

Compatibility

Magento Platform
Open Source (CE)
1.9, 1.9.1, 1.9.2, 1.9.3, 1.9.4

Tech Specifications

Seller:
Integrator:
Current Version:
1.3.0
Type:
Stable Build
Updated:
06 September, 2019
Categories:
Extensions, Sales
License Type:
Open Software License 3.0 (OSL-3.0)
Policy:

Overview

This extension allows access to the AristanderAI platform (https://aristander.ai), which tests and sets better prices for products in online shops.

Other Extensions by AristanderAI UG

Overview

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AristanderAI uses the latest advances in machine learning to learn what your consumers are willing to pay and adjusts prices for you.  Our software allows you to optimize your prices without the lengthy consultations or messy integrations - one-click install and you're ready to start optimizing.

AristanderAI records each users journey throughout your site, and using this data is able to accurately predict self and cross-product demand for your catalog.   Using this, AristanderAI tests new prices in your catalog in an efficient way to learn what the most effective price is for each product, boosting your average shopping cart net profit (without affecting overall demand).  This extension changes your catalog prices to provide your shop with an overall boost in net profit.  Each item that you wish to optimize requires the input of a minimum and a maximum price.  AristanderAI will efficiently explore this range to predict the best price for your products.

 

Account & Pricing

A separate account is required to use the AristanderAI Price Optimizer extension.  The account must be created separately from the extension installation on our website: https://aristander.ai.  A monthly subscription is required for the service (not the extension) - pricing information is located on our website at https://aristander.ai/pricing.

 

Features

  • Optimizes your catalog to increase total net profit (without affecting demand) - increases your average shopping cart net profit
  • Able to quickly price long-tail items by calculating accurate cross-product demand
  • Uses machine learning and Bayesian optimization to learn the best prices for your catalog in a cost-efficient manner
  • Provides business analytics dashboard to help you see the affect of AristanderAI on your revenue and profit
  • Automated A/B testing allows you to see the benefits of AristanderAI with zero extra implementation efforts

 

How it Works

AristanderAI uses the latest advances in deep learning to learn about your customers to deliver optimized prices.  It does this in a series of steps:

1. Our plugin is installed into your shop and activated using an API key supplied during account creation (on https://aristander.ai)

2. The plugin begins sending user events, such as page views, orders, and account creation to our servers.

3. The user uploads their product information (such as minimum and maximum price for an item) to our dashboard - further instructions can be found through our on-boarding process during account registration.

3. Our servers use deep learning to analyze the event stream of each user and calculates new prices for your products.

4. Our server delivers new prices to your products according to your preferences (once an hour, twice a day, or once a day).

5. You enjoy increased profits with no effort.  Users of the plugin can login to https://aristander.ai to see their business analytics and pricing dashboard.  There, users can see the ROI of AristanderAI, as we actively A/B test our plugin against your default prices.

 

If you use this extension, your catalog prices will be changing on a regular basis - according to your settings on our user dashboard (https://aristander.ai).  This is necessary as AristanderAI gathers adequate information to optimize your prices.

Release Notes

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1.3.0:

  • Compatible with Open Source (CE) : 1.9 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    - Added new price modes
    - Removed unused configuration features

1.2.0:

  • Compatible with Open Source (CE) : 1.9 1.9.1 1.9.2 1.9.3 1.9.4
  • Stability: Stable Build
  • Description:

    - Integrate new parallel A/B testing
    - Add option to stop AristanderAI module
    - Allow price update via button push on dashboard

1.0.0:

  • Compatible with Open Source (CE) : 1.9 1.9.1 1.9.2 1.9.3
  • Stability: Stable Build
  • Description:

    Stable 1.0.0 release

0.1.1:

  • Compatible with Open Source (CE) : 1.9.3
  • Stability: Beta Build
  • Description:

    This is the initial release of the AristanderAI plugin.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.

Q & A

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Reviews

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