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AI Price Comparison: How Zyft Helps Retailers Win on Both Price and Value | #553
Episode 553
Published 8 months, 1 week ago
Description
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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