Market-driven and demand-based pricing for enterprise retailers
Competera Pricing platform enables retailers and brands across all retail industries and markets to increase customer trust and by setting and maintaining optimal AI-generated price positions. By continuously calculating and re-quantifying billions of possible price combinations, the platform’s deep learning algorithms minimize the enterprise clients’ financial losses, rebounding on average 6% of gross margin. The optimal price recommendations across the entire pricing life cycle from initial, shelf to markdown and promo price are based on 20+ pricing and non-pricing factors combined with the real-time competitive data.
Every client enjoys an individual pricing design and gets support from a dedicated account management team, including an account manager, a pricing solutions architect, and customer care managers.
There are two stages of cooperation with Competera Pricing Platform: PoC & Roll-out. Usually, pre-PoC integration lasts for 2-6 weeks depending on the available resources on the client’s side. After a successful PoC, the roll-out stage takes up to three days per category.
Awarded the Quality Choice Award
Awarded the Trusted Vendor Award
Awarded the Happiest Users Award
Competera Pricing Platform currently scores 90/100 in the Retail category. This is based on user satisfaction (98/100), press buzz (46/100), and other relevant information on Competera Pricing Platform gathered from around the web.
| The score for this software has declined over the past month. What is this? |
Customizable scraping including any website and information
Automated and manual matches capabilities, covering the most sophisticated product groups, industries, and any geography
Assortment and content analysis of e-commerce websites via extracting full catalogs in a structured way
Various integration options and data export formats
Self-service pricing configuration with preset and customizable rules
Optimal workflows for different user roles with easy-to-use interface
Real-time and batched repricing initiated by changes in cost, competition or other factors
SKU-level price interpretation, forecast projection, and a playground for what-if scenarios
Price optimization to hit two targets at the same time (one to grow and one to protect)
Exported price recommendations in any format for easier integration with your current system
Product recommendations, vendor rankings, market overview and tips on how to select Retail software for business. Published in December 2024.
Software solutions in this category help eCommerce and local retail shops manage their business operations. These products help automate certain tasks in inventory and financial management, orders and sales management, payment and invoicing, etc. In additio...
FREE DOWNLOAD Retail-Software-Buyer-Guide-2018.pdfYes, Competera offers comprehensive guides for new users to get to know the platform. During the integration process, a dedicated team from Competera works with the users to make their onboarding smooth and quick. The customer support of the platform is available for the users 24/7 throughout the year.
Yes, Competera can be integrated with any type of ERP or other systems used by a retailer (including systems provided by Oracle, SAP, etc.)
Competera can be used for different pricing needs. For example, Competitive Data product is often used as a real-time market data monitoring tool, while Price Automation works best to automate and speed-up repricing. Price Optimization, in turn, helps to manage prices on the portfolio level with all cross-elasticities taken into account. The use of Competera is not limited to mentioned above needs, the product setup may differ depending on a retailer’s specific requests.
Online, offline, omnichannel, mono- or multi-brand retailers
Yes, Competera offers a multi-user access to the platform with the ability to adjust the access setting for each user group.
Yes.
The sentiment map shows a snapshot of how Crozdesk users have rated Competera Pricing Platform over time. It shows how existing users see Competera Pricing Platform with regards to its usefulness, ease of use, value for money and customer service.
Recent
Older 
Our company collaborates with Competera from 2016. I am a new user of Competera repricing software. i like that I can rely on quality data to make a profitable repricing. I also appreciate that I can set more ambitious goals with help of repricing software.
Everything is working great with a product. I think, there is just one thing where Competera can upgrade. It will be great if I could get the automated notifications when the product matches are completed.
My goals are (1) to optimize a pricing with automated repricing tool, (2) simplify my daily job with help of e-mail alert, (3) automate the renewal of assortment via API integration. After not so long utilization of the product I see I can achieve these goals in a short time.
There are two things I like the best in daily using of Competera. It’s a user-friendly interface. And it’s a great customer support team. The guys from support helped me to get a handle with the dashboard at the outset. And now they inform me about the product updates to be sure that I get the maximum from the product. Thanks for that!
And about the product. I’ve been using Price Management product for only a short time, but the results are already quite 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.
Honestly, I can’t find any cases, which I dislike in the product. Now I’m fully satisfied user :)
Hope to keep it that way.
First of all, I have enough market view with reliable data on competitors’ prices and promotions. So I can build a data-based strategy for product categories’ pricing.
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.
We integrated to Competera to receive market insights about our competitors activities. 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.
I should mention, Competerais not the cheapest solution, but it worth to pay for quality of pricing platform and the services provided.
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.
