64 Competera Testimonials

"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 platform, we can make sustainable pricing decisions every day. Competera is also a perfect means of goal management as it helps us to track the performance on our strategic targets and identify areas for further growth."

"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."

"Competera provide Votonia with advanced online analytics for last 3 years. The service is easy to use and we love the friendly interface of our campaign. We get always operative information about a dynamically developing market. The best thing we achieve beyond smart pricing is the optimization of managers’ workflow and competent planning. With Competera, we are always in a swim of trends in e-commerce."

"Working with Competera Suite allowed us to import the monitoring data fast and get a fresh slice of competitors' prices at the right time. The results of the test period were inspiring, yet the tangible effect will express itself more clearly in the long-term only a few months later. Also, we must remember that we are using only one of Competera Suite's tools; competitor prices monitoring. I guess that if we import all important data for turnover, margins, the sales dynamics and so on, the effect will be much bigger."

"Having more than 7000 products in our range can be difficult to monitor from a pricing perspective. In the gift retail sector, prices change every day and for us to deal with all that new data is a real challenge. We wanted an accurate and reliable pricing solution that could help us be more price competitive and gain more profit per product. Competera met all these requirements. Now we're able to monitor our prices in the marketplace, and improve the profit per product thanks to the up-to-date information that the Competera platform has to offer."

"I wanted somewhere people can come to and find perfect gift ideas for all occasions."

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

"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 marketplace, and increase our dollar margins. The features and customizable dashboard are great! I especially loved the automatic email reporting. We’ve always received the agreed level of services and we could always rely on Competera in our pricing decisions. Competera has a lovely customer success team, too. Along with their developers, they have been extremely responsive and constantly delivered. I would highly recommend this platform as a great and trustworthy solution."

"For quite a while, pricing managers sought an optimal price for their product categories. In most cases, the decision was simply to lower the price. In other words; to lower the margin. Fortunately, we connected with Competera four months ago and now we have the truly optimal prices - not the lowest, but the most beneficial from revenue side as well as in customer's eye. Keep on, Competera."

"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."

"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."

"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."

"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."