Discover the potential profit uplift that our predictive pricing solution can bring to your business.
7Learnings reveals the optimal prices for all your products and empowers you to amplify your price strategy.
With 7Learnings, pricing teams achieve improved margins with less effort
We compile your raw pricing data and analyze it using AI-powered algorithms to forecast how your pricing decisions will affect performance results including profit, revenue, sales, inventory levels, and more.
7Learnings’ powerful forecasting capabilities give you the ability to optimize your prices with unrivaled precision. We collect and analyze an extensive range of internal and external data, including historical transactions, product attributes, seasonal factors, competitor data, marketing data, and more, to provide a detailed and comprehensive overview of your pricing strategy.
Our solution is fast, simple, and effective: simply set your profit and revenue targets and we reveal the optimal prices to achieve your goals within minutes.
7Learnings uses cutting-edge machine learning models that consolidate and analyze the data on millions of products within minutes. Forecast the effect price changes will have on your KPIs, such as profit, revenue, or sales, and then optimize using our intuitive UI to set the prices needed to achieve your desired results.
Our solution pinpoints the price elasticity for each of your products and thus can forecast how price adjustments will affect your inventory levels. We empower you to set optimal prices across the entire lifecycle of your products, ensuring sell-through targets are hit, high profitability is achieved, and overstock or understock situations are avoided.
Forecasts in the 7Learnings predictive pricing solution are updated as soon as new data is delivered, enabling you to adjust your prices to new market conditions faster than ever before. This guarantees that your prices are always optimal and always up-to-date.
Our machine learning models understand and adapt to the unique price elasticity of different sales channels, including various countries and regions. Adjust your prices to the specific demand in each sales channel to achieve maximum profitability. 7Learnings empowers you to create a truly differentiated pricing strategy.
Rule-basedPricingSets prices based on a predefined set of rules. | PredictivePricingDynamically adjusts prices based on predicted outcomes. |
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|---|---|---|
| Supports rule based pricing | ||
| Utilization of competitor prices | ||
| Learns automatically from past price changes | ||
| Algorithm considers all relevant data features (e.g. transactions, weather, seasonality) | ||
| Utilizes price elasticity | ||
| Predicts price change impact on KPIs | ||
| Optimal prices for private label products & bundles | ||
| Channel specific pricing (e.g. country) | ||
| Long-tail pricing & initial pricing | ||
| Goal driven steering across the assortment | ||
| Considers and cross-optimizes marketing decisions (e.g. coupons, promotions or performance marketing ) |
Make better marketing and pricing decisions to achieve your business goals with our performance marketing optimization software.
Step into the future of pricing with software that does the heavy lifting for you. See here how 7Learnings works and how we elevate your business results.
You have questions? We have answers.
Our solution employs advanced algorithms and machine learning models to analyze both internal and external data, including sales, inventory, and market trends. Leveraging this information, our software generates precise predictions regarding the impact of price adjustments on your products. Prices can then be optimized to align with specific business objectives, whether it’s maximizing profits, increasing revenues, managing inventory levels, or other goals.
Utilizing our software provides numerous advantages compared to alternatives like rule-based pricing. 7Learnings empowers retailers to swiftly respond to market changes, resulting in enhanced profitability and competitiveness. Predictive pricing enables you to adapt to fluctuations in demand, fine-tune prices for individual products, and sidestep common pitfalls associated with rule-based strategies, such as underpricing or overpricing. This dynamic approach maximizes revenue while minimizing the risk of losing customers due to non-competitive pricing.
No, our solution is designed to be user-friendly and seamlessly integrated. You won’t require a sizable IT team for implementation or maintenance, and our support team is readily available to assist you as needed.
While results can vary, the majority of our clients experience significant improvements in profitability and sales within the initial weeks of implementing our solution.
Book a demo with one of our experts and learn how our software can grow your profit and revenue.
Unlock the full potential of your business with our upcoming webinar “AI-Driven Pricing in UK Retail: Harness the power of your data with predictive dynamic pricing”
