Predictive Pricing for E-commerce provider 7Learnings has been nominated in multiple categories at the 2023 E-Commerce Germany Awards
The E-commerce Germany Awards (EGA) recognizes the excellence, creativity, and achievements of e-commerce companies in the German market.
Berlin, Germany, 11 January 2023 –– 7Learnings has been nominated in the Best analytics/BI solution and Best Omnichannel Solution categories at the upcoming E-Commerce Germany Awards 2023 in Berlin. Voting for the awards will be open until 25 January, 2023.
For the Analytics/BI Solution category, 7Learnings is recognized for providing data-driven solutions to retail e-commerce businesses seeking a simple and intuitive way to increase profits and revenues. Using machine-learning technology to power its unique, predictive pricing tool, 7Learnings provides highly accurate forecasts with an easier-to-implement tool than most competitors and other pricing options. And with a new marketing optimization feature, the 7Learnings solution allows retailers to maximize performance by making pricing and marketing decisions in tandem.
In the category for Best Omnichannel Solution, 7Learnings is recognized for its predictive pricing solution being used across multiple channels and marketplaces here in Germany. The pricing solution has been utilized by large furniture retailers, e-commerce fashion outlets, online pharmacies and Amazon marketplace sellers — just to name a few. And with all retailers, the pricing solution can be relied on to deliver, on average, up to 10% increase in profits and revenues.
“With their data-driven approach, 7Learnings was able to increase our profits for sunglasses significantly,” says Daniel Wunderlich, head of Controlling & Analytics at Berlin-based optical retailer, Mister Spex.
Berlin-based 7Learnings was co-founded by an ex-Zalando global pricing expert and wants to empower today’s retail innovators, equipping them with cutting-edge, easy-to-use optimization tools that help them grow and achieve sustainable success. By offering the most intuitive way to steer prices, 7Learnings helps retailers optimize prices to meet their business goals.
Winners for all categories will be announced at the E-Commerce Germany Awards ceremony on 22 February 2023 in Berlin. Public voting is open on the awards website until 26 January before the top companies move on to the next round and winners are selected by a jury.