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"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."
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"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."
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"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."
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"Competera helped us monitor the prices on our products at different markets, price aggregators, and marketplaces. Prices variations of our products are quite frequent in the market. Competera provides very useful tool for eCommerce purposes to monitor the products pricing across the online channel. A special thanks for quickly and …
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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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"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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"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." "
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"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."
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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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"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 …
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"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."
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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 …
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"We've been using Competera for only a few months but it is already indispensable for the team. Out of all the benefits it has, Competera helped us reduce manual work and save plenty of time that we can now spend on strategically important tasks. We are now capable of tracking …
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"Baby Park is a baby-goods online store with a huge assortment. The price management solution helps us to keep prices competitive. With Competera we get all the insights we need to engage more customers and increase the sales growth. Besides that, we feel positive changes in brand trust through the …
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"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 …