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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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"We chose Competera for the functionality of the platform, having a wide variety of features and offering a solution to simplify our complex pricing process. We managed to decrease the time needed for the pricing process by half and switched to daily pricing rounds — definitely simplifying our pricing operations." …
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“Time was an issue for us, as we didn’t know when exactly Amazon was about to launch in Sweden. Nonetheless, our key requirement from a data provider was to receive Amazon Sweden and its sellers’ prices within 24 hours after the marketplace launch. Competera did the job within 8 hours, …
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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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"I want to recommend Competera pricing software for other Category Managers because it is an efficient and easy tool for price monitoring. MyToys has been using the Price Intelligence tool from Competera for 2 years and it was really good. First of all, the quality of data was permanently efficient. …
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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 …
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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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"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."
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"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 …
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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 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 …
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"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 …
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"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."
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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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"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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"Competera became our reliable partner for pricing. We are happy to move forward through our pricing journey on the way to fully automated processes based on price recommendations produced by machine learning algorithms. I recommend the pricing platform to retailers looking to fulfil their goals and increase growth dynamics."