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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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"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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"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 …
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"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. …
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"I'd say Competera completes a large chunk of our product category managers' tasks. Competera’s fully automated pricing cutting time for better decisions. Competera protects our prices from possible human errors."
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"We were looking for an algorithm-based solution which could scale and consider all the factors which influence prices and which we usually neglect. We realized clearly that our managers would not be able to handle all of these variables, including all our historical data spanning 24 years, and offer optimal …
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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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"In drug retail, the risks of unsustainable promo policy are higher than anywhere else. Many players undertake unjustified promos and get into endless price wars undermining profit margin rates. We came to Competera to avoid this risk and be 100% aware of how our price changes influence revenue. With the …
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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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"We chose Competera because their advanced AI pricing system considers critical factors beyond elasticity like product cannibalization, their proven success in the Ukrainian market, and their willingness to offer pre-piloting, demonstrating their expertise and commitment to delivering results." "
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"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."
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"More than two years ago, we've started to use Competera pricing platform and I can say for sure that the business value we receive goes beyond all our expectations. Before Competera, we used another price optimization software but the service did not meet our needs. That's why we switched to …
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"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 …
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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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"With the implementation of Competera, we 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."