Online retailers today lose over 75% of potential orders as shoppers often abandon their carts. Majority of these shoppers leave due to price considerations; so you can imagine the amount of money being left on the table! We help any online retailer that wants to increase customer retention & turn their inventory faster without giving one-size-fits all discounts.
We do this by allowing online, automated price negotiation. FOSHO is a machine learning based API that retailers can embed on their site / chatbot and allow shoppers to negotiate. We all know what negotiation means, we have certainly negotiated when we wanted a better salary or a cheaper car but, we have never experienced the ability to negotiate when we have shopped online!
That’s the innovation of FOSHO. Users can negotiate on any product / service by making offers and our smart interface responds with instant, personalised counteroffers! A shopper can negotiate by making multiple offers within 2 minutes till FOSHO agrees on the price. Now shoppers don’t need to waste time on promo codes, cash back options or even waiting for sales seasons. And the online retailer is better off with more sales and happier customers. FOSHO is unique as it even gives you discounts to you in lieu of newsletter subscription, product reviews, waiving return rights, helping maintain retailer’s ROI and other customisable options – which has never been done before!
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Pros: FOSHO provides a great environment for developing foundational skills in the tech services industry. The teams are collaborative and always willing to help new members learn. Management is accessible and provides constructive feedback, which really aids in skill development. There's a real sense of camaraderie among colleagues, making daily work engaging.
Cons: While career growth opportunities are present, the path can sometimes feel a bit unstructured, and navigating internal promotion processes requires proactive effort. Workload can be challenging during peak project phases, and sometimes resource allocation could be more efficient to avoid burnout. Better alignment on long-term career pathing would be beneficial.
Advice to Management: Focus on creating clearer career progression frameworks and providing more proactive mentorship opportunities. Ensure better workload distribution during critical project timelines to prevent employee fatigue.
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What's the typical salary range for a software engineer at FOSHO in London?
Based on my experience as a mid-level software engineer at FOSHO's London office, the salary was quite competitive, usually falling between £60,000 and £80,000 annually, depending on specific skills and experience.
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