AI-driven Price Optimization for Pet Supplies Retailers

Maximize profit without compromising on margins and customer loyalty with Competera’s Price Optimization.

Pet Supplies Dashboard Dashboard data

Reach your goals with Competera

The combination of ML models and pricing rules helps pet supplies retailers to grow sustainably and reach business goals.

  • Minimize the negative impact of promo campaigns on financial metrics

  • Manage prices with a single tool capable of advanced predictive analysis

  • Reduce risk of mistake and find optimal repricing scenarios with “what-if” analysis tool

Find optimal price optimization strategies with What-If simulation tool

With Competera, pet supplies retailers can test various pricing and promo scenarios based on data-driven analysis.

Set the constraints and parameters of the repricing campaign you would like to test and get the estimated impact the scenario will have on key business metrics.

Price optimization strategies with What-If simulation tool

Define the role of each product in the portfolio and use the optimal repricing approach

Competera’s ML algorithms allow retailers to segment assortment automatically taking into account the total influence of competitors on sales, a share in the revenue by each product, own elasticity of the product at a regular price, promotional elasticity, marginality, etc.

Eventually, you can apply a rule-driven, elasticity-based, or a combination of approaches to each type of product group (KVI, long tail, cash generators, exclusive range products etc.).

Optimal repricing approach

Want to win in New Normal? Get industry-specific tips tailored to your business

Outbreak of the CV19 pandemic in 2020 has changed retail once and for all. We've analyzed the trends and challenges across the retail segments to reveal the major industry-specific use cases and practical tips that will help retailers to recover the lost profit and gain an uplift in key business metrics.

Vladimir Kuchkanov
Pricing Science Lead. +10 years of experience
in pricing in Mars and Philip Morris.

Competitive Data for retailers Dashboard

Enterprise-grade Software

Once you choose Competera, we will provide you with a personal solution and pricing experts from the Competera team. They will guide you step-by-step through your journey to optimal pricing.

5 days

Data Audit

60 days

Full Integration

30 days

Pilot Project

ROI x7

Scaling

Quarterly

Feedback Audit

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main features of Competera

Best Analytics / BI Solutions

E-commerce Germany award

Price Optimization Solutions

Constellation

#1 eCommerce Solutions Software 2019

Crozdesk

Top 3 startups at the AI Summit

London Tech Week

Now Tech: Pricing and Promotion

Forrester

High Performer 2020

G2 Crowd