We address the most complex parts of the pricing process in a result-driven way
In the ‘new normal’ of retail, the price of a product becomes one of the most important interfaces of efficient communication between the retailer and the consumer.
Thus, it is essential to fine-tune pricing in order to keep up with the changes. It becomes even more important as hundreds of retailers keep losing billions of dollars in profits and as a result of decreased customer loyalty as they focus on SKU-based pricing rather than portfolio-based pricing.
Competera navigates retailers to optimal prices
We recommend prices which help businesses get projected financial results and grow customer loyalty. In other words, we help retailers switch from reactive to proactive pricing for every product
5-9% Additional revenue
Boost your revenue and margin as much as possible by making prices look fair and consistent to shoppers.
2-5% Additional profit
Outsmart competition and keep the perfect balance between sales and profitability with the help of advanced smart rules.
0.5%-1% Additional revenue
Respond swiftly to competitors’ pricing actions to win extra transactions and avoid margin damage caused by human error.
Use of inaccurate and fragmented data; manual checks; human experience-based decisions.
What makes Competera different
Software Trusted by Customers Across the Globe
Why industry leaders choose Competera?
We believe Competera is the best in the industry. Their platform provides a set of tools, including market-based pricing and AI-driven demand-based pricing, that offers solutions to an immediate need, as well as our long-term plans.
Competera is a perfect means of goal management as it helps us to track the performance on our strategic targets and identify areas for further growth.
For a few months Competera helped us reduce manual work and save plenty of time. We look forward to enhancing our position with Competera via advanced price optimization and proactive pricing.
We have adopted Competera pricing engine which calculated demand elasticity while factoring in product cannibalization and seasonality and increased revenue by 1% over the period of three months.
The things I enjoy most about the Competera platform are the proactive pricing system and effective sales planning.
We've already made a huge step in securing our market strategy and handling negotiations with vendors. Now we strongly look into the future when shifting to ML-based price optimization.
Discover a scalable pricing software to stay effective in any pricing decision
Hybrid Pricing Campaigns
Maximize your revenue and profits by using a combination of rule-based and demand-based pricing subject to the business rules and constraints for your full portfolio.
The management of the whole product range allows you to craft well-balanced strategy for revenue and profit margin to achieve the most effective scalable results.
Drive the best sales impact with the right business decisions. Identify situations when you start losing money and get recommendations with a "show me why" explanation.