AI Price Comparison: How Zyft Helps Retailers Win on Both Price and Value | #553
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Richard Stevens, CEO of Zyft, has spent his first six months steering the AI-powered shopping assistant through a period of explosive growth. With over 650,000 downloads, 100,000+ daily searches, and $7.5 million in fresh funding, Zyft is reshaping how Australians shop, and how retailers compete.
Today, we’re discussing:
- Zyft’s origins and growth: from Damien Waller’s vision in 2019 to 650,000 downloads and $7.5M raised in 2025.
- How the app works: Chrome and Safari extensions, mobile apps, barcode scanning, and live retailer feeds.
- The consumer mindset: why cost-of-living pressures have made shoppers more price-conscious and open to AI tools.
- Retailer opportunities: using Zyft’s data and transparency to boost discoverability, credibility, and conversion.
- The future of shopping: what AI-powered price comparison means for retailers heading into Black Friday, Cyber Monday, and beyond.
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Want to level up your ecommerce game? Come hang out in the Add To Cart Community. We’re talking deep dives, smart events, and real-world inspo for operators who are in it for the long haul.
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Chapters
1. AI Price Comparison: How Zyft Helps Retailers Win on Both Price and Value | #553 (00:00:00)
2. Introduction to Zift and Richard Stevens (00:02:16)
3. How Zift Works for Consumers and Retailers (00:03:17)
4. Growth and Data Capabilities (00:05:37)
5. Retailer Partnerships and Price Strategy (00:11:27)
6. AI Shopping Assistants and Consumer Confidence (00:17:04)
7. Black Friday Strategy and Consumer Behavior (00:23:07)
8. Price Advice for Retailers in 2026 (00:35:49)
9. Looking Ahead: Zift's Future Plans (00:43:51)
10. Key Takeaways on Customer Price Sensitivity (00:48:51)
553 episodes