Software for Retail
Reach your targets and raise revenue with pricing tool software, all in just two months.
- Set optimal prices using ML-driven recommendations
- Switch from traditional to a goal-driven approach
Retail pricing software trusted by market leaders worldwide
Reach goals — repeat success with accurate price optimization modelling
Test, learn, and improve
Use our Sandbox mode to try out different strategies and determine their effectiveness risk-free.
Your fastpass to optimal prices
Reprice your products 5 times faster than traditional methods and save up to 40 hours of work per month.
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.
How pricing optimization solution works
Competera helped Foxtrot to:
- Maximize revenue without losing profit margins
- Save time for negotiations with suppliers
- Switch from reactive to proactive pricing
with your own rules
Solution for business
of any size and complexity
How to get optimal pricing in 60 days
Competera considers your entire product portfolio when creating price predictions.
Optimal prices are determined in a 4-step process:
Add your historical data spanning 2 years or more
Define your targets and choose a repricing model to increase sales volume or revenue
Add your rules and constraints
Get optimal prices, apply price recommendations, and feed in to your ERP
Who wins with our pricing tool software?
We believe that Competera can make your company & team performance better.
- Goal-driven pricing scenarios to set & reach business targets
- Proactive pricing instead of reactive one
- Market predictions of 90-98%
- Storage of positive & negative pricing experiences
- 40 hours of work saved monthly
- KPIs performance monitoring
- Cross-elasticity pricing to keep a balance between the rate of sales and profit margin
- Increased average basket price
- Minimized promo pressure
- Predictable & repeatable success
- Revenue boost by 5-15%
- Profit margin increase by 2-5%
- Proven pilot results in 2 months
- Data in perfect shape for further AI innovation
- Increased customer life value (CVL)
Don’t take our word for granted! Enhance your pricing using advanced price optimization software provided by Competera.
Don’t miss out on the retail revolution
Enhance your pricing using advanced price optimization software provided by Competera.