64 Competera Testimonials

"Tink has found an efficient partner in pricing through Competera! Now we can achieve our goals properly via price management as Competera produces the pricing recommendations based on our internal data."

"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."

"Price benchmarking and promotion analysis reports have been well received and appreciated across Markets. Pricing and Category managers can use reports with minimal training, thanks to very intuitive and user-friendly UI/UX. Also, the high dashboard up time, data freshness facilitated by daily crawls, data export features and customisation of price comparison logic have proven to be a game-changer for our teams."

"Quick, a good value for money and a very helpful support team. It was a very short time from start to finished setup, we could get value for money almost from the get-go."

"Advanced algorithms reveal cross-dependencies in product categories or between them, sales cannibalization of categories or individual products, market trends, and dozens of other internal and external 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 and we plan on further development of the system."

"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."

"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% time from routine tasks. Competera has shown how AI is revolutionizing the traditional pricing processes and strategies, so we look forward to adopting the technology for other regions."

"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 and best econometric practices — all this while redirecting work resources to strategic planning and long-term business growth."

“Competera was the first tool we used, yet one thing was clear since the very beginning: It helps to compare many prices at once.”

"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."

“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.”

"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."

"Canadian CPG Company is a premium North American consumer brand. Competera is our reliable partner, providing us with a MAP monitoring tool for the last year. Our Brand Intelligence campaign enables us to monitor the minimum advertised price of over fifty North American e-tailers. The MAP violations report, facilitated by Customer Support manager, provides us with the most current information. This report helps us to maintain our brand’s position in the market place. Competera is a good brand intelligence tool for distributors."

"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."

"Competera’s platform is a great tool for price optimization and price management. As a user, I really appreciate the Competera dashboard which gives me the opportunity to work on any level — from the portfolio level to going as deep as the SKU level. With Competera, we know which strategy is gonna benefit us the most and go from there."