Learn how Competera’s clients use our Pricing Platform to make the right pricing decisions, boost their profits and revenue, and grow their businesses.
“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. They have quickly become a strategically important player that we entrust with enabling a core element of our business.”
We believe that modern machine learning technology could empower humans with better decisions
We help our clients become more profitable. In return, they trust us.
Kamera Express has been working for more than 5 years with Competera. We started working together in the autumn of 2016 after an extensive search for a new supplier of reliable data on competitors. While cooperating with Competera we switched and expanded the number of competitors we monitor multiple times. We also started using the Competera API to integrate competitor data into our ERP system to further automate pricing decisions and use dynamic pricing based on availability. Competera brought us a lot over the last 5 years, gave us more data on competitor pricing strategies and helped us on a daily bases in margin discussions with our suppliers.
Price benchmarking and promotion analysis reports have been well received and appreciated across Markets. Pricing and Category managers can use reports with minimal training, thanks to very intuitive and user-friendly UI/UX. Also, the high dashboard up time, data freshness facilitated by daily crawls, data export features and customisation of price comparison logic have proven to be a game-changer for our teams.
Time was an issue for us, as we didn't know when exactly Amazon was about to launch in Sweden. Nonetheless, our key requirement from a data provider was to receive Amazon Sweden and its sellers' prices within 24 hours after the marketplace launch. Competera did the job within 8 hours, and that was a great success.
With the implementation of Competera, we significantly reduced the time spent on repricing daily: earlier the assortment calculation was taking up to 3 hours, now we receive final results in 30 minutes and are ready to proceed with strategic decisions.
As the business was scaling, it was important for us to base our pricing decisions on market trends, website analytics, and other crucial data points that a pricing manager can hardly embrace all at once. Competera’s smart algorithms made our price management data-powered and proactive and saved the team 50% time from routine tasks. Competera has shown how AI is revolutionizing the traditional pricing processes and strategies, so we look forward to adopting the technology for other regions.
G2 Crowd recognizes Competera as the solution with high customer satisfaction scores