Qualitative data is a foundation for proper pricing strategy creation, customer attraction, and increasing gross margins.
Large retailers in competitive industries change their inventory prices several times a day. Therefore, you need to track these changes for each individual competitor, brand, and product group right after your competitors have repriced their goods.
I want to emphasize how pleasantly surprised we were with the very qualified and quick-responding support team. A great product and great team!
With thousands of online store product names (SKUs), it’s almost impossible to manually apply the price tracking and price changing. Especially if you are to apply complex pricing algorithms and rules.
Do you want to know exactly which competitors are influencing the sales of your online store? Use the Price Index, it will show whose changes affect your business.
We integrated Competera solutions and began to receive our competitors’ insights. We achieved our business goals: The customers’ perception of our price was changed as we wanted.
People make mistakes. Correctly created algorithms based on qualitative data are never mistaken. Reprice the products on your shelves with competitor price monitoring data and automated self-pricing algorithms to avoid the human error.
You can always find more efficient tasks to do than change numbers within Excel spreadsheets. Spend an irreplaceable resource — time — more efficiently than ever.
Now we're able to monitor our prices, and improve the profit per product thanks to the up-to-date information that the Competera platform has to offer.
promotions and stocks saves days of manual work and reduces human error
with standalone adjustments for different categories, brands, and products
that does not overload websites
and customer support 24/7
and e-mail reporting
Developing and implementing of a proper pricing strategy is easier and more efficient with Competera
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