Competera Pricing Platform

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What is Competera Pricing Platform?

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.



Competera Pricing Platform Awards


Competera Pricing Platform currently scores 91/100 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.

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Competera Pricing Platform Product Overview

  • 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


Languages Supported: English

Retail Software Buyer Guide 2024

Product recommendations, vendor rankings, market overview and tips on how to select Retail software for business. Published in March 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...

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Competera Pricing Platform Features

  • 2-Factor Authentication
  • A/B Testing
  • Analytics
  • API
  • Calendar Management
  • Contact Management
  • Conversion Tracking
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • External Integrations
  • Forecasting
  • Inventory Tracking
  • Keyword Tracking
  • Link Tracking
  • Marketing Automation
  • Multi-User
  • Notifications
  • Payment Processor
  • Project Management
  • Scheduling
  • SEO
  • Supplier Management
  • Third-Party Plugins/Add-Ons
  • Product Catalog
  • Sales Motivator
  • Shipping Management
  • Order management
  • BitCoin
  • PayPal
  • Stripe
  • SAP Integration
  • Review Monitoring
  • Dashboards
  • Reports
  • Visualization
  • Payment Gateway Integration
  • Design Templates

Competera Pricing Platform FAQs

What are some applications Competera Pricing Platform is commonly used in tandem with?

  • Magento
  • Google Analytics
  • Oracle
  • SAP
  • Amazon
  • Custom

What platforms does Competera Pricing Platform support?

  • Magento
  • Google Analytics
  • Oracle
  • SAP
  • Amazon

Does Competera Pricing Platform offer guides, tutorials and or customer support?

Yes, 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.

Does Competera Pricing Platform integrate with any other apps?

Yes, Competera can be integrated with any type of ERP or other systems used by a retailer (including systems provided by Oracle, SAP, etc.)

What is Competera Pricing Platform generally used for?

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.

Who are the main user groups of Competera Pricing Platform?

Online, offline, omnichannel, mono- or multi-brand retailers

Does Competera Pricing Platform offer multi-user capability (e.g. teams)?

Yes, Competera offers a multi-user access to the platform with the ability to adjust the access setting for each user group.

Does Competera Pricing Platform offer an API?

Yes.

Competera Pricing Platform Alternatives

Competera Pricing Platform Alternatives & Competitors

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Competera Pricing Platform User Reviews

Average User Rating:
4.92/5 based on 16 user ratings.
Your Rating:

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User Sentiment Map

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.

Overall
9.7/10
Arrow Left Recent Older Arrow Left
Usefulness
10.0/10
Ease of use
10.0/10
Value for money
8.7/10
Customer service
10.0/10
User profile picture

"Effective price optimization tool for online retail"

// PA to Founder at OMG International

What do you like about Competera Pricing Platform?

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.

What do you dislike about Competera Pricing Platform?

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.

What have you been using it for and what problems did Competera Pricing Platform solve?

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.

5/5
Usefulness
5/5
Ease of use
5/5
Value for money
5/5
Customer service
User profile picture

"I use a Price Management product"

// Executive Manager at STANLEYBET

What do you like about Competera Pricing Platform?

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.

What do you dislike about Competera Pricing Platform?

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.

What have you been using it for and what problems did Competera Pricing Platform solve?

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.

5/5
Usefulness
5/5
Ease of use
4/5
Value for money
5/5
Customer service
User profile picture

"Well done price perception"

// E-commerce assistant at Elkor

What do you like about Competera Pricing Platform?

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.

What do you dislike about Competera Pricing Platform?

I should mention, Competerais not the cheapest solution, but it worth to pay for quality of pricing platform and the services provided.

What have you been using it for and what problems did Competera Pricing Platform solve?

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.

5/5
Usefulness
5/5
Ease of use
4/5
Value for money
5/5
Customer service
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