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"The pricing experts from Competera made us see that it is not necessary to reduce the price and lose margins while fighting with competitors for customers loyalty. We integrated the Price Intelligence tool to adjust our pricing in view of our sales goals and competitors’ pricing behavior. We certainly appreciate …
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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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"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 …
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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."
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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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"Thanks to Competera, we have a very comprehensive and up-to-date picture of the market at any given time, which helps us make far more well-informed and beneficial pricing decisions and set optimal prices across our entire assortment. Ultimately, Competera helps us reach the most important goals which are to increase …
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"I wanted somewhere people can come to and find perfect gift ideas for all occasions."
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"We were running around selling lots of stuff but we wanted to find a way to make each pound work harder for us."
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“We track over 360 thousand products everyday.”
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"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 …
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"Maxtool is at the stage of advanced market analysis and automated repricing within our pricing journey. We get help from Competera's platform and find the platform an appropriate to reach comprehensive price optimization. We've already made a huge step in securing our market strategy and handling negotiations with vendors. Now …
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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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"As a US-based pet food & supplies retailer, we’ve utilized and benefited from the Competera platform for almost a year. They’ve helped us a lot in our pricing journey by giving us the tools we needed to create a new pricing strategy, stay on top of the pricing in 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 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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"Our revenue increased by 1% incrementally three months after a data-driven mechanism was adopted within the pricing engine. The solution factors in product cannibalization and seasonality to calculate demand elasticity. It suggests optimal prices and the best promotional products, among other tasks."