64 Competera Testimonials

"Thanks to Competera's solution we use the pricing platform designed considering our rules on a daily basis. The quality of the solution makes repricing a lot easier for us, allowing us to focus on tactical or strategic moves instead of wasting our time on routine tasks."

"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."

"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."

"There are two things I like best in daily, use of Competera. It has a user-friendly interface and a great customer support team. I’ve been using Price Management product for only a short time, but the results are already pretty obvious. Now I can automatically manage the product categories much faster and precise. This converts into the profit of online store and good KPI’s performance. I’m pleased with the product. Secondly, I started saving my time on routine manual repricing. As a result, I can complete my daily tasks faster and take the time to plan new activities."

"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."

"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."

"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 prices in real time. We could put together a whole department of data scientists instead, but it would take a long time and cost a lot. So, we preferred a technological solution from Competera and raised our revenue by 16%."

"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."

"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."

"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 our sales and stay competitive in the market."

"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, we must remember that we are using only one of Competera Suite's tools; competitor prices monitoring. I guess that if we import all important data for turnover, margins, the sales dynamics and so on, the effect will be much bigger."

"Frequent fluctuations in the market and the complexity of commodity comparison did not allow us to organize the monitoring of quality processes and rapid decisions making for a long time. Competera team offered us a valuable product, which enabled team to monitor the stock changes and product prices violations, and saved the managers working time empowering their attention on solving strategic problems."

"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."

"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 we strongly look into the future when shifting to ML-based price optimization."

"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."