64 Competera Testimonials

"Panasonic places a high value on brand image and that’s why we maintain and protect the right price positioning. Competera brings us such a wide market vision and the current price policy of resellers. The system of automated notifications within the dashboard helps manage the alerts with price violations in an online channel. As a result, we can build good relations with our resellers, being sure about Panasonic brand image in consumers’ eyes."

"Competera is the perfect smart pricing solution for our online store. Our team has gained the real possibility to focus on our main goals and streamline the pricing process through Competera instead of getting distracted by different SKU performances and price optimization issues. Today our assortment is priced corresponding to current market price and consequently attract shoppers with optimal price for products."

"For quite a while, pricing managers sought an optimal price for their product categories. In most cases, the decision was simply to lower the price. In other words; to lower the margin. Fortunately, we connected with Competera four months ago and now we have the truly optimal prices - not the lowest, but the most beneficial from revenue side as well as in customer's eye. Keep on, Competera."

"Advanced algorithms reveal cross-dependencies in product categories or between them, sales cannibalization of categories or individual products, market trends, and dozens of other factors that influence sales. For a long time, there was a belief that such solutions are much-in-demand in grocery retail only, but our project proves it wrong. Pricing optimization is already delivering great results."

"We at Kormotech.com are very lucky to work with Competera. Their price monitoring tool is an amazing instrument for brands and manufacturers oriented on protection of brand image. The data from Competera helps us make effective decisions. If you want to maintaim MAP and timely react to violations right here and right now - Competera Pricing Platform is the best solution for you."

"I love the fact that spreadsheet pricing is dead to me. Since I started using the pricing platform the pricing in Watsons doesn’t depend on the human eye, so that I don’t worry about mistakes any more. I’m sure that I can achieve my KPI’s and then some. As a result, the revenue of the shop is going up and I can earn more for myself. Saving time on manual checking of competitors’ prices, promotions and assortment, I can concentrate on strategic tasks. My job gets more profitable and ambitious thanks to the automation of pricing."

"With a highly complex global operation structure, we needed a pricing solution suite that allowed us to set and maintain prices. Competera's suite is a game-changer that optimizes pricing across the product's lifecycle, incorporating multidimensional analytics and Al solutions to support decision-making."

"It was crucial for us to make sure that our pricing vendor clearly understands the retail industry, level of competition, and key metrics and has vast knowledge of category management as well as technical excellence. Competera checked all the boxes, and I was impressed by the rapid integration."

"Competera offers great software for price optimization. We always have the best market coverage and insights to make the right pricing decisions. This makes our pricing strategies far more competitive, efficient, and proactive than ever before."

"Kamera Express has been working for more than 5 years with Competera. We started working together in the autumn of 2016 after an extensive search for a new supplier of reliable data on competitors. While cooperating with Competera we switched and expanded the number of competitors we monitor multiple times. We also started using the Competera API to integrate competitor data into our ERP system to further automate pricing decisions and use dynamic pricing based on availability. Competera brought us a lot over the last 5 years, gave us more data on competitor pricing strategies and helped us on a daily bases in margin discussions with our suppliers."

"We believe Competera is the best in the industry. Their platform provides a set of tools — including market-based pricing and Al-driven demand-based pricing — that offer solutions to an immediate need, as well as our long-term plans. They have quickly become a strategically important player that we entrust with enabling a core element of our business."

"We were trying to find pricing optimization through different means, and Competera Price Intelligence seemed like the best tool to do it. Our pricing strategy also demands on-the-fly analytics on competitors pricing changes, promotions and their stock availability. We know everything about that now."

"When using machine learning in repricing, we set business goals and constraints. Machines do the rest of the job. In other words, we do not do repricing per se, but we set the rules of the game and control the results.Technology does boost the financial performance of your company. As technology takes up routine tasks, pricing managers need to boost their analytical skills and business thinking. We have to learn to see the big picture and make not tactical, but strategic decisions."

"Quick, a good value for money and a very helpful support team. It was a very short time from start to finished setup, we could get value for money almost from the get-go."

“As long as we used an SKU-centered approach, we could have gained a sales boost for a single SKU but the related products immediately dropped in volume.”