64 Competera Testimonials

"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."

"We appreciate market insights provided by Competera. I suppose, the first criteria to choose the price monitoring software is timely data delivery and competitive insights. We have read the numerous reviews and opinions and decided to choose Competera's solution - Price Intelligence. We highly appreciate the actual and reliable recommendations on our pricing from Competera service. I have to say, if you are searching for a sustainable team of professionals and you are ready to pay for the quality, you will be happy with the choice."

"Competera offers great software for price optimization. We always have the best market coverage and insights to make the right pricing decisions. This makes our pricing strategies far more competitive, efficient, and proactive than ever before."

"We were running around selling lots of stuff but we wanted to find a way to make each pound work harder for us."

"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."

"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."

"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."

"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."

"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 result, the revenue of the shop is going up and I can earn more for myself. Saving time on manual checking of competitors’ prices, promotions and assortment, I can concentrate on strategic tasks. My job gets more profitable and ambitious thanks to the automation of pricing."

"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. Pricing optimization is already delivering great results."

"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 work in a habitual flow. Now we have more purchases in categories with product analogs towards our implacable competitor. The metrics on sales, stock turnover and margins increased in our store and I think the good pricing based on data is the reason."

"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 control our price positioning. In the meantime, Competera flexibly reacts to requests and skillfully adapts the product to the features of our business. We thank the Competera team for the efficient product, quick support and personalised approach."