Presented by ex-Zalando Product Owner for global price optimization algorithm and 7Learnings co-founder, Felix Hoffmann.
As a retailer, you know that growing quantities of customer data, expanding product ranges, high levels of price transparency and the competitive intensity of e-commerce and online retail are making pricing increasingly challenging for businesses.
To optimize profits, dynamic pricing has become the standard practice in e-commerce and omnichannel retail. With recent advances, there is now a significant gap between conventional (rule-based) and machine learning based pricing. This next generation of pricing – what we at 7Learnings call predictive pricing – uses “real” AI and makes price decisions based on price elasticity measurements.
In this webinar, pricing expert and 7Learnings co-founder Felix Hoffman will share the potential predictive pricing holds for your business, no matter the industry or sector. Learn how to harness the power of predictive pricing and grow your business today.