64 Competera Testimonials

"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 Support and Customer Success management was perfect - they answered all our questions anytime we needed. We use Competera during 1 year and we are very impressed with the performance of the product and service overall."

"I use Competera's platform to always be aware of market conditions and our price positioning. Our online store has many products and the huge geography of distribution. With Competera I’m sure we have the best price for every product at any given moment."

"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."

"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. In the future, the whole pricing process should be automated and real-time, while managers will be involved in strategic tasks."

"Frequent fluctuations in the market and the complexity of commodity comparison did not allow us to organize the monitoring of quality processes and rapid decisions making for a long time. Competera team offered us a valuable product, which enabled team to monitor the stock changes and product prices violations, and saved the managers working time empowering their attention on solving strategic problems."

"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."

"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."

"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."

"Quick, a good value for money and a very helpful support team. It was a very short time from start to finished setup, we could get value for money almost from the get-go."

“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 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."

"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."

"As the business was scaling, it was important for us to base our pricing decisions on market trends, website analytics, and other crucial data points that a pricing manager can hardly embrace all at once. Competera’s smart algorithms made our price management data-powered and proactive and saved the team 50% time from routine tasks. Competera has shown how AI is revolutionizing the traditional pricing processes and strategies, so we look forward to adopting the technology for other regions."

"Competera’s profound industry expertise and unique Machine Learning algorithms under the hood made us choose it as a technology vendor. Its usability is the stand-out point to highlight: Competera would let you embrace all the key SKU groups at first glance, track inner pricing architecture and business constraints, enjoy automation and best econometric practices — all this while redirecting work resources to strategic planning and long-term business growth."

"With the implementation of Competera, we 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."