64 Competera Testimonials

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

"Competera is the perfect smart pricing solution for our online store. Our team has gained the real possibility to focus on our main goals and streamline the pricing process through Competera instead of getting distracted by different SKU performances and price optimization issues. Today our assortment is priced corresponding to current market price and consequently attract shoppers with optimal price for products."

"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."

"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 faster and precise. This converts into the profit of online store and good KPI’s performance. I’m pleased with the product. Secondly, I started saving my time on routine manual repricing. As a result, I can complete my daily tasks faster and take the time to plan new activities."

"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."

"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."

"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."

"Retailers and vendors use promos to stimulate financial performance. However, this leads to cutting prices non-stop. Everything has its limits, though. We are faced with a question of how to satisfy the customer while keeping the prices beneficial for the business. To do so, I believe, we need to shift from price wars to predictive 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 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."

"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."

"The pricing experts from Competera made us see that it is not necessary to reduce the price and lose margins while fighting with competitors for customers loyalty. We integrated the Price Intelligence tool to adjust our pricing in view of our sales goals and competitors’ pricing behavior. We certainly appreciate current business performance delivered by Competera."

"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."

"We were trying to find pricing optimization through different means, and Competera Price Intelligence seemed like the best tool to do it. Our pricing strategy also demands on-the-fly analytics on competitors pricing changes, promotions and their stock availability. We know everything about that now."

"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. At the minimum, a data delivery impediment sometimes happened, but from my experience, that is normal in the working process. It must be noted that their Customer Success manager notified me every time if any impediment would take place. I was greatly impressed with the service so my verdict is absolute yes to Competera."