Competera
About Competera
Competera transforms how retailers approach pricing. By replacing linear, complex, and overengineered pricing processes and making customer behavior insights available for the pricing process, we enable businesses to:
- Understand purchasing behavior at a granular level, identifying preferences and trends.
- Optimize pricing strategies for each product category, channel, and region.
- Make data-driven decisions that drive sales, improve customer satisfaction, and increase profitability.
- Our solutions deliver tailored pricing recommendations that account for factors such as customer preferences, competitive dynamics, and market trends. This empowers retailers to:
- Increase sales and revenue by offering the right products at the right prices.
- Enhance customer loyalty by enabling retailers to offer the most competitive prices across all their products while maintaining strong bottom-line metrics.
- Optimize inventory management through precise demand forecasting and dynamic repricing.
- Reduce operational costs through efficient pricing processes.
Competera's advanced AI is trained on a vast dataset of transactions and market data, allowing us to:
- Leverage 930 market-specific deep learning models to uncover complex consumer behavior, enabling data-driven decisions that provide a competitive edge.
- Identify pricing opportunities and predicting customer preferences to optimize retailers’ pricing strategies with unparalleled precision.
- Put retailers ahead of evolving market trends and deliver the most effective pricing recommendations by continuously refining our models.
By leveraging Competera's AI-powered solutions, retailers can unlock the full potential of customer behavior insights to optimize their pricing strategies and achieve sustainable growth.
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Key benefits of Competera
- 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
- Service Level Agreement guarantees
- Self-service pricing configuration with preset and customizable rules
- Optimal workflows for different user roles with an 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
- Exported price recommendations in any format for easier integration with your current systems
- Price recommendations based on demand elasticity
- Assortment segmentation based on cross-elasticities between products analysis
- Price optimization to hit two targets at the same time (one to grow and one to protect)
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Supported Languages
English
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Images
Features
Total features of Competera: 47
Alternatives
SYMSON
Quicklizard
BlackCurve
DATA SEEKERS
Reviews
Already have Competera?
Software buyers need your help! Product reviews help the rest of us make great decisions.
- Industry: Electrical/Electronic Manufacturing
- Company size: 10,000+ Employees
- Used Weekly for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Effective Pricing Optimization with Robust Insights
Reviewed on 05/09/2024
My overall experience with Competera has been positive. The platform’s advanced pricing optimization...
My overall experience with Competera has been positive. The platform’s advanced pricing optimization tools and data-driven insights have greatly improved our pricing strategies and market competitiveness. Although the initial setup required some time, once integrated, it became an indispensable tool for monitoring market trends and making informed pricing decisions. The customer support team is responsive and helpful, making the experience even smoother.
Pros
Its powerful pricing optimization capabilities. The platform’s ability to analyze market trends, competitor data, and customer behavior helped us make informed, dynamic pricing decisions.
Cons
is that the initial setup process can be time-consuming, especially when integrating it with other systems. Additionally, while the platform offers detailed insights, it could benefit from more customizable reporting options to better fit specific business needs.
Response from Competera
Thank you for your detailed feedback on Competera. We’re delighted to hear that our pricing optimization capabilities have positively impacted your business. We understand that the initial setup process can be time-consuming, and we’re continuously working to streamline this experience. Your suggestion for more customizable reporting options is valuable, and we’ll explore ways to enhance our reporting features to better meet your specific needs. We appreciate your continued support and look forward to assisting you further.
- Industry: Supermarkets
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
One of the best, but needs to be improved
Reviewed on 15/08/2024
Analysis and price screening of our main competitors
Analysis and price screening of our main competitors
Pros
the settings.
Screened data modification
Cons
Sometimes screening links to bad product
Response from Competera
Thank you for your feedback! We’re glad you find Competera valuable for competitor analysis. We’re working on improving product screening accuracy and appreciate your input.
Feel free to reach out if you want to share more details - [email protected]!
- Industry: Supermarkets
- Company size: 5,001–10,000 Employees
- Used Weekly for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
professionally
Reviewed on 03/07/2024
in short, the planned results are obtained in different pricing strategies
in short, the planned results are obtained in different pricing strategies
Pros
Speed of reassessment, preparation, setting, flexibility, ease of use
Cons
I miss the visualization of the future calculation of the margin forecast as a result of the changes made.
Response from Competera
Thank you for your feedback! We’re glad you appreciate the speed, flexibility, and ease of use. We’ll consider your suggestion on margin forecast visualization. It’s great to know our platform helps you achieve your pricing goals!
- Industry: Business Supplies & Equipment
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Competera Review from Mbiz (Lippo Group Indonesia)
Reviewed on 16/08/2024
So far so good and stable. They give me automatic email about the competitor price analysis...
So far so good and stable. They give me automatic email about the competitor price analysis everyday, very helpful for daily report.
Pros
Good pricing able to negotiate about the pricing. I have been using it since 2019 until now.
Cons
Slow response due to changing in manpower turnover.
Response from Competera
Thank you for your continued trust in Competera since 2019!
We’re happy to hear that our daily competitor price analysis emails are helping you in your daily work. We appreciate your patience regarding response times, and we will work to ensure even better support.
- Industry: Retail
- Company size: 501–1,000 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Good company with valuable output
Reviewed on 16/08/2024
Once everything is set up correctly, the tool works perfectly and helps us with our daily analysis....
Once everything is set up correctly, the tool works perfectly and helps us with our daily analysis. Overall recommendable.
Pros
The whole team is very cooperative and responds very quickly. The data preparation and overall quality is very good. The parameterization also works perfectly (e.g. coefficient for packaging units).
Cons
There are areas in which the mapping does not work as desired and sometimes requires a great deal of manual effort. This also applies to apparently easy-to-identify items that cannot be found despite several runs.
Response from Competera
Thank you for the positive feedback! We’re glad our team’s responsiveness and data quality have been valuable for your daily analysis.
We acknowledge the mapping challenges and are continuously working on improving this area. We appreciate your recommendation and are here to support you!
Competera FAQs
Below are some frequently asked questions for Competera.Q. What type of pricing plans does Competera offer?
Competera offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Pricing information is available on inquiry.
Q. Who are the typical users of Competera?
Competera has the following typical customers:
51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Competera support?
Competera supports the following languages:
English
Q. Does Competera support mobile devices?
Competera supports the following devices:
Q. What other apps does Competera integrate with?
Competera integrates with the following applications:
Adobe Commerce, Amazon EC2, Google Cloud, Oracle CRM On Demand, SAP Access Control, SAP Analytics Cloud, SAP BW/4HANA
Q. What level of support does Competera offer?
Competera offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat
Related categories
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