Boxed announces Spresso enters partnership with VTEX

Boxed announced that Spresso, its SaaS modular solution platform has partnered with global enterprise digital commerce platform VTEX. The partnership unlocks Spresso’s modular solutions, including Price Optimization and LTV & Churn Prediction, now easily accessible for thousands of VTEX customers across the world. Through this new partnership, VTEX customers can now take advantage of Spresso’s data-driven insights to enact better results for their businesses including balancing profitability & conversion, managing customer churn, and increasing customer lifetime value. "As retailers look to increase profitability, the ability to leverage tools like dynamic value-based pricing can help businesses get ahead of the competition," said Mariano Gomide de Faria, Founder and co-CEO at VTEX. "More complex scenarios of promotions and pricing will be a reality in the US retail world; tactics long used by emerging markets are now becoming popular in the US. The retail environment in the US will be more and more competitive."