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AI Agent for Dynamic Price Optimization in E-Commerce

  • Posted 1 year ago
  • Remote

Job description

We are looking for an AI Developer to build an intelligent pricing optimization agent for our e-commerce platform. The agent should:

  • Analyze market trends, competitor pricing, and customer behavior to dynamically adjust product prices.

  • Optimize pricing in real-time based on demand fluctuations, stock levels, and seasonal trends.

  • Ensure pricing strategies are aligned with business goals and profit margins.

  • Implement A/B testing features to evaluate the impact of price changes on sales and conversion rates.

  • Provide detailed analytics on pricing strategies, sales performance, and customer reactions.


Deliverables:

  1. AI-powered price optimization engine integrated with our e-commerce platform.

  2. Real-time dynamic pricing algorithm that adjusts based on various factors.

  3. A/B testing module for pricing experiments.

  4. Analytics dashboard for tracking pricing strategy performance and customer response.

  5. Documentation for setting up and maintaining the system, including recommendations for future improvements.


Skills Required:

  • Expertise in machine learning, particularly in predictive analytics and optimization algorithms.

  • Experience with pricing strategies in e-commerce and retail industries.

  • Proficiency in Python, R, or similar programming languages.

  • Familiarity with A/B testing methodologies and performance analytics.

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