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Udyamee

Baki sab thik ? • 1y

Idea validation. We develope a software that utilizes AI to generate personalized discount coupons tailored for individual shops or medium-sized organizations. Potential use cases include: 1. Enabling local shops to conduct end-of-season sales by generating coupons instead of printing posters. These coupons can be distributed on fintech platforms, leveraging the cashback mechanisms offered by fintech startups. 2. Distributing coupons for local shops on popular payment apps like Google Pay, Paytm, and PhonePe.These coupons are created based on AI research of the product, comparing it with similar online products. Some Questions: 1. Could you provide insights into how large companies typically generate coupons? Do they rely on external companies or maintain dedicated teams for this task? 2. what are your thoughts on the potential impact of creating a marketplace to distribute these local coupons? I understand the explanation was quite rough but I'm eager to gain clarity.

14 Replies

Replies (14)

Aditya Chourasia

Undergrad at Guru Gh... • 1y

It cannot be used my masses. Anyway discount coupons are a type of advertising now as you can see in gpay, phone pay coupon. The amount of investment to return i.e. ROI will be low.

2 Replies

Sujeet Thakur

Founder • 1y

If you are ok we would take care of finances of the company

2 Replies

Anonymous 2

Hey I am on Medial • 1y

Where will the AI come to play? Would it be integrated to their stock? What if there are misplacements and stuff? How do they double check, if what they are discounting even needs to be discounted or not. Situational value of products in retail are huge one off issue that AI cannot solve for. For example say sanitizer during peak covid.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

I dont think retailers would adopt to a random ai algo, do you imagine retailers jumping over this?

1 Reply

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