66 Competera Testimonials

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  • "In drug retail, the risks of unsustainable promo policy are higher than anywhere else. Many players undertake unjustified promos and get into endless price wars undermining profit margin rates. We came to Competera to avoid this risk and be 100% aware of how our price changes influence revenue. With the …

  • "I love the fact that spreadsheet pricing is dead to me. Since I started using the pricing platform the pricing in Watsons doesn’t depend on the human eye, so that I don’t worry about mistakes any more. I’m sure that I can achieve my KPI’s and then some. As a …

  • "Two months ago we started receiving market insights about our competitors from Competera pricing software. Competera offers lightweight integration, actual and reliable data, good support, and information updates due to Elkor needs. Their method of collecting data did not cause an overload of our website, so we were able to …

  • "I activated Competera two months ago to solve two problems, to manage product prices, and to speed up the repricing process. Now I'm completely calm about both of the goals."

  • "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 …

  • "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 …

  • "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 …

  • "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 …

  • "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."

  • "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 …

  • "The eCommerce market is heading towards efficiency: less manual tasks, more automated and optimized operations, which augment human expertise and enhance product managers. You cannot do without it. Robots (automated systems) have to calculate optimal prices. The only way to stay in the market is to use automated pricing systems. …

  • "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 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." "

  • "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."