The solution helps businesses optimise pricing at the SKU level for profit, conversion, or a balance of both, using first-party data and advanced analytics.
Boxed, Inc., the technology-driven company specialising as both an e-commerce retailer and e-commerce enabler, announced that Spresso, its SaaS modular solution platform, is now available on the Google Cloud Marketplace, indicative of a deepening of the partnership between Boxed and Google Cloud.
The launch of Spresso on Google Cloud Marketplace unlocks new value for joint customers and creates opportunities for enhanced operational insights for businesses globally. Google Cloud customers can now take advantage of Spresso’s actionable insights driven by advanced analytics, machine learning, and AI to better forecast customer value, predict churn, and optimise pricing for profitability and conversion.
Spresso’s inaugural marketplace offering includes its price optimisation module. The solution helps businesses optimise pricing at the SKU level for profit, conversion, or a balance of both, using first-party data and advanced analytics.
“The launch of Spresso on Google Cloud Marketplace gives businesses the ability to action their most powerful, often an underutilised asset, their data,” said Jared Yaman, Chief Operating Officer at Boxed and Spresso Business Head. “Building on a longstanding relationship with Google Cloud, we are excited customers can easily purchase and implement Spresso solutions through Google Cloud Marketplace, enhancing time to value.”
Spresso’s modularised analytics and machine learning solutions drive more profitable business outcomes through actionable insights designed to help customers scale effectively through efficient growth and cost reduction. Spresso’s solutions empower merchants to leverage their data to drive measurable profit gains.
“In this macroeconomic climate, businesses need SaaS solutions that solve challenges they’re confronted with every day, and pricing is at the top of that list,” said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud. “With Spresso now available on Google Cloud Marketplace, customers will be able to use their first-party data to optimise SKU-level profitability without conceding conversion.”
