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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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"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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"We hired the Competera price optimization tool to get enough reliable data for competitive intelligence. As a result, we increased the sales rate, revenues, and implemented an advertising campaign much more efficient."
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"Retailers and vendors use promos to stimulate financial performance. However, this leads to cutting prices non-stop. Everything has its limits, though. We are faced with a question of how to satisfy the customer while keeping the prices beneficial for the business. To do so, I believe, we need to shift …
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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 …
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"I use Competera's platform to always be aware of market conditions and our price positioning. Our online store has many products and the huge geography of distribution. With Competera I’m sure we have the best price for every product at any given moment."
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"SKB Europe is the Netherlands-based European distributor of SKB Cases. These high quality cases are for demanding industrial, sport, & music applications. Competera is a trusted partner, providing us with a reliable data since 2015. The Price Management helps us being aware of our price positioning and timely react on …
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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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"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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"Competera platform is a great tool to sustain the right price perception and keep customers satisfied with our prices. The data-driven insights generated by the platform help bringing our mission to life, i.e. provide a unique digital experience and excellent service to our clients."
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“As long as we used an SKU-centered approach, we could have gained a sales boost for a single SKU but the related products immediately dropped in volume.”
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"With a highly complex global operation structure, we needed a pricing solution suite that allowed us to set and maintain prices. Competera's suite is a game-changer that optimizes pricing across the product's lifecycle, incorporating multidimensional analytics and Al solutions to support decision-making."
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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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"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 …