Analytics • Pricing • AI

Turn data into decisions - fast

Models and data-centric AI assistants that measure, forecast, and simulate business outcomes. No black-box hype. Just decision tools tied to your KPIs.

Founded

2010

Over 14 years of expertise

Location

Darmstadt

Germany, serving globally

Core Focus

Data & AI

Analytics, Pricing, MMM, LLMs

Approach

KPI-Driven

Models tied to business outcomes

econworks GmbH is a specialized consultancy that builds data-driven models and AI assistants for marketing analytics, strategic pricing, and business optimization. We transform complex data into actionable insights, helping companies measure ROI, optimize pricing, and deploy AI solutions that directly impact KPIs.

Where we're a fit

Access to data is hard?

Enable your workforce to access data and analytics with the help of an ai assistant.

Advertising is a mystery?

Unlock the optimization potential of your campaigns.

Setting prices is based on feelings?

Translate brand and market data into pricing strategies.

Limited internal bandwidth?

Fast prototyping that fits your tech stack.

Is your data ready?

Audit for relevance, quality, and readiness for AI use.

Recommendations are found at the end of a presentation?

Build processes, not just powerpoints.

Our Services

Media & Marketing Analytics
ROI measurement, campaign optimization, and targeting, built on the data you already have.

What we deliver:

  • Incremental impact measurement
  • Media mix optimization
  • Campaign effectiveness analysis
  • Regional and channel attribution
  • Forecasting and scenario planning

Models translate media signals into incremental outcomes, not vanity metrics.

Proven Impact

Real results from real clients

Retail/Service Network
Media Impact on Store Traffic

Situation

Service provider with 1000+ outlets needed to improve footfall and optimize media investment

Approach

Regional measurement tied to footfall (via Hystreet), store design, location, and weather. Built forecasting model that guided media to drive visits and in-store sales.

Impact

Clearer regional ROI and a playbook for scaling spend efficiently

+23% footfall increase

Consumer Bank/Consumer Finance
Optimal Interest Rates

Situation

Consumer banking wanted to increase loan volume and margins while improving risk selection

Approach

Combined competitor-offer data with local branch context to refine pricing for consumer loans.

Impact

Higher loan volume and margins by pursuing profitable risk classes with better selection

+15% margin improvement

E-commerce Marketplace
E-commerce Growth Strategy

Situation

Marketplace needed to defend market position against aggressive competition

Approach

Modeled current media impact and simulated aggressive growth paths; included competitor price tracking.

Impact

Guided a bold investment push that strengthened market position and supported successful founder exit

2.5x ROAS improvement

Media/Publishing
Pricing in a Shrinking Market

Situation

Publisher facing declining market needed to maintain profitability

Approach

With comprehensive print market data across three countries (incl. competitors), designed assertive pricing strategy.

Impact

Higher profits (and in some cases revenue) while encouraging competitor price increases to protect share

+8% profit despite -12% market

Data We Work With

Internal business data
  • Sales, transactions, pricing history
  • Web/app analytics, conversion funnels
  • CRM, customer segments, lifetime value
  • Product catalogs, inventory, operations
Assistant data & governance
  • Retrieval design (collections, freshness, chunking)
  • Grounding & citation strategy
  • Evaluation (precision/recall, hallucination checks)
  • Access control, PII minimization, audit trails
External & enrichment signals
  • Market & competitor intelligence (pricing, offers)
  • Regional footfall data (Hystreet) & location context
  • Weather, events, seasonal patterns
  • Media spend & campaign performance data

Who We Help

Retail & multi-location services
Banking & consumer finance
E-commerce & marketplaces
Media & publishing
B2B platforms with usage-based pricing

Meet Our Team

Data scientists and strategists dedicated to turning your data into decisions

Dr. Christoph Nagel

Dr. Christoph Nagel

Managing Director

Econometrician at heart. Shapes our consulting philosophy and turns complex market dynamics into clear, quantifiable strategies.

Dr. Gerrit Löber

Dr. Gerrit Löber

Managing Director

Bridges pricing science and media analytics. Designs the frameworks that connect data to revenue impact.

Stefan Lautenbach

Stefan Lautenbach

Senior Consultant

Designs segmentation and statistical models that sharpen targeting. Keeps the conversation between data and client close.

Raphael Bender

Raphael Bender

Senior Consultant

Brings a physicist's precision to location analytics and traffic modeling. Trusted client partner on complex regional projects.

Lars Luckhaupt

Lars Luckhaupt

Senior Consultant

Builds predictive models and BI solutions tailored to retail and finance. Focused on making analytics operational.

Julien Lacroix

Julien Lacroix

Software Architect

Designs the platforms and AI systems behind our solutions. Connects cloud infrastructure, LLMs, and production-grade tooling.

Dr. Sonja Löber

Dr. Sonja Löber

Senior Data Engineer

Architects reliable data pipelines and governs data quality. Brings structure to messy data landscapes.

Jan Heckwolf

Jan Heckwolf

Senior Consultant

Optimization specialist who builds models that find the best outcome, not just the next one. Strong on math, stronger on results.

Friederike Pohl

Friederike Pohl

Consultant

Turns raw data into dashboards and workflows that teams actually use. Strong on integration, clear on delivery.

About econworks

We turn business challenges into quantitative clarity. Our roots are in econometrics and predictive modeling, and our mindset is pragmatic: models and assistants are built to answer real business questions—no one-size-fits-all. We combine domain insight, AI modeling expertise, and hands-on data architecture to deliver results that go beyond dashboards.

Data-driven decisions, not opinions
Transparent models, not black boxes
Business outcomes, not vanity metrics
Continuous learning, not one-time reports

Frequently Asked Questions

Do you work with any LLM?

We're model-agnostic and data-first. We match models (hosted or self-managed) to your policy, cost, and grounding needs.

Can you use our existing stack?

Yes. We design around your data landscape, pipelines, and tools—no rip-and-replace.

How do you measure ROI?

Every engagement defines KPIs upfront, then models/assistants are validated via measurement, forecasts, and scenario simulations.

Are your models explainable?

We avoid black boxes. Decisions trace back to data, assumptions, and economic logic.

What does a first engagement look like?

A short scoping + data audit, followed by a focused sprint to deliver a validated model or assistant prototype.

How long does a typical project take?

Most initial engagements run 8-12 weeks from data audit to deployed model. AI assistants can be prototyped in 4-6 weeks.

Ready to make better decisions with your data?

Let's turn your data into measurable business outcomes.

Questions? Our AI assistant is ready to help →