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"Pricing races are growing non-stop. Setting the optimal prices is the key instrument to manage retail profits efficiently. The main question is what a reasonable price range and adjustment to increase sales and keep the margin optimal are."
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"We've been working with Competera for more than a year and achieved good results: we significantly reduced the time spent on pricing in general and improved key business indicators."
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“Competera was the first tool we used, yet one thing was clear since the very beginning: It helps to compare many prices at once.”
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"Working with Competera Suite allowed us to import the monitoring data fast and get a fresh slice of competitors' prices at the right time. The results of the test period were inspiring, yet the tangible effect will express itself more clearly in the long-term only a few months later. Also, …
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"Baby Park is a baby-goods online store with a huge assortment. The price management solution helps us to keep prices competitive. With Competera we get all the insights we need to engage more customers and increase the sales growth. Besides that, we feel positive changes in brand trust through the …
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“We track over 360 thousand products everyday.”
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"With the implementation of Competera, Samokat significantly reduced the time spent on repricing daily: earlier the assortment calculation was taking up to 3 hours, now we receive final results in 30 minutes and are ready to proceed with strategic decisions."
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"We chose Competera for the functionality of the platform, having a wide variety of features and offering a solution to simplify our complex pricing process. We managed to decrease the time needed for the pricing process by half and switched to daily pricing rounds — definitely simplifying our pricing operations." …
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"We have been searching for a good software service for a long time. Our partners recommended Competera as a perfect price monitoring tool. The business development manager presented the demo and we ascertained that Competera Price Intelligence is a great solution for our business. On top of everything else the …
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"Advanced algorithms reveal cross-dependencies in product categories or between them, sales cannibalization of categories or individual products, market trends, and dozens of other internal and external 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 …
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"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. …
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"As the business was scaling, it was important for us to base our pricing decisions on market trends, website analytics, and other crucial data points that a pricing manager can hardly embrace all at once. Competera’s smart algorithms made our price management data-powered and proactive and saved the team 50% …
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"Competera’s profound industry expertise and unique Machine Learning algorithms under the hood made us choose it as a technology vendor. Its usability is the stand-out point to highlight: Competera would let you embrace all the key SKU groups at first glance, track inner pricing architecture and business constraints, enjoy automation …
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"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 …
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"I work in sdvor.ru, online retailer of building and finishing materials in six regions of Russian Federation. Price tracking of the product categories in our industry is quite time-consuming: huge assortment, wide geography of distribution, commodity differences among competitors. Competera allows us to assess the situation on the market and …