Revolutionizing E-Commerce with DarkTig's Advanced Pricing and Intelligence Solutions
DarkTig’s Cutting-Edge Algorithmic Pricing Engine and Competitive Intelligence Platform: Empowering Merchants with Automated Pricing, Real-Time Competitive Insights, and Comprehensive E-Commerce Solutions for Enhanced Revenue and Market Competitiveness.
The engineering team has developed an algorithmic pricing engine that automatically prices 90% of SKUs, amounting to millions, on an e-commerce platform. Merchants provide margin targets and directives to maximize either revenue or profit within specified bounds at the basket level.
The pricing engine then optimizes prices accordingly, factoring in price elasticity to achieve these targets. The results consistently met the set targets. The technology stack for this engine includes Python and AI/ML packages.
SKUs
Time reduced
II. Competitive Intelligence Platform
The engineering team has created a competitive intelligence platform that scrapes competitor websites every four hours to compare prices, identify trending items, and detect missing products. This information helps strategize purchasing and stocking decisions and perform seller comparisons. The platform also analyzes product reviews, extracting and indexing information to make it searchable at the SKU level, targeting over 100 million SKUs. This intelligence aids in developing informed strategies in a competitive landscape. The technology stack includes Elastic Search, Java, Python, MySQL, Ruby on Rails, AWS, and AI/ML.
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Elastic Search
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Java
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Python
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MySQL
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Ruby on Rails
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AWS
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AI/ML
III. E-Commerce Platform
The engineering team has developed a comprehensive e-commerce platform that encompasses inventory management, warehouse management, consumer e-commerce, catalog management, logistics, payments, and returns. The technology stack for this platform includes MySQL, Redis, PHP (Zend framework), and JavaScript.
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MySQL
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Redis
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PHP (Zend framework)
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JavaScript