"The eCommerce market is heading towards efficiency: less manual tasks, more automated and optimized operations, which augment human expertise and enhance product managers. You cannot do without it. Robots (automated systems) have to calculate optimal prices. The only way to stay in the market is to use automated pricing systems. In the future, the whole pricing process should be automated and real-time, while managers will be involved in strategic tasks."
"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."
"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 track over 360 thousand products everyday.”
"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."
"Two months ago we started receiving market insights about our competitors from Competera pricing software. Competera offers lightweight integration, actual and reliable data, good support, and information updates due to Elkor needs. Their method of collecting data did not cause an overload of our website, so we were able to work in a habitual flow. Now we have more purchases in categories with product analogs towards our implacable competitor. The metrics on sales, stock turnover and margins increased in our store and I think the good pricing based on data is the reason."
"Two months ago my daily problem was the huge scope of goods in the assortment of our store. The number of products didn't allow for us to correct all the prices manually, and the process became more and more tedious. Also, competitors started to change the price in increasing frequency. We integrated Competera solutions and began to receive our competitors' insights. We achieved our business goal - the customers' perception of our price positioning was changed as we like and in line with our expected business performances."
"With Competera, we strengthen our pricing attractiveness across key products in the Indonesian online retail market. The platform delivers actual pricing recommendations in a usable format, allowing us to make considerable changes in the assortment to keep up with our regular marketing campaigns."
"Having more than 7000 products in our range can be difficult to monitor from a pricing perspective. In the gift retail sector, prices change every day and for us to deal with all that new data is a real challenge. We wanted an accurate and reliable pricing solution that could help us be more price competitive and gain more profit per product. Competera met all these requirements. Now we're able to monitor our prices in the marketplace, and improve the profit per product thanks to the up-to-date information that the Competera platform has to offer."
"I wanted somewhere people can come to and find perfect gift ideas for all occasions."
"We were running around selling lots of stuff but we wanted to find a way to make each pound work harder for us."
"Competera helped us monitor the prices on our products at different markets, price aggregators, and marketplaces. Prices variations of our products are quite frequent in the market. Competera provides very useful tool for eCommerce purposes to monitor the products pricing across the online channel. A special thanks for quickly and efficiently submitted data in customized reports of Brand Intelligence, as we were empowered to control the situation on the market with the price perception of our brand."
"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."
"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."