Competera Reviews & Product Details

Competera Overview

What is Competera?

Competera is an AI-powered platform helping retailers to set optimal prices. It uses the last-gen ML technology combined with the best econometric practices. With Competera, businesses can boost bottom line metrics and sustain the right price perception through the best price recommendations. These recommendations are based on 60 pricing and non-pricing factors as well as self price elasticity and cross-product sales dependencies. AI-driven We implement deep learning technologies into retailer's daily operations. Competera core engine is a system for identifying factors that affect your pricing every day. By processing them in combination with the retailer's goals, constraints, and rule-driven solutions, Competera brings optimal prices directly to the user's dashboard. For any suggestion and calculation we make, Competera also considers that a change in one price will change the others. Rapid Fast speed equals major profit. It takes only 6 weeks to fully deploy a customized Competera platform that fulfils client needs. Compared to other types of solutions, our time-to-value is outstanding. Simple Tech Competera features allow each pricing team to play by their own rules, choosing different pricing engines, modules for precise tasks, analytics solutions, and everything else associated with pricing. And do so with ease and convenience – in one dashboard.

Competera Details
Website
Languages Supported
English, Russian, Ukrainian
Product Description

Competera is a price monitoring platform that brings an order into a complex process of pricing in online store, turning it into an easy, manageble and efficient business process.


Seller Details
Seller
Competera Pricing Platform
Company Website
Year Founded
2014
HQ Location
Los Angeles, CA
LinkedIn® Page
www.linkedin.com
66 employees on LinkedIn®
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Competera Reviews

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Review source: Organic
What do you like best?

I work in sdvor.ru, online retailer of building and finishing materials in six regions of Russian Federation. Price tracking of the product categories in our industry is quite time-consuming: huge assortment, wide geography of distribution, commodity differences among competitors. Competera allows us to assess the situation on the market and control our price positioning. In the meantime, Competera flexibly reacts to requests and skillfully adapts the product to the features of our business. We thank the Competera team for the efficient product, quick support and personalised approach. Review collected by and hosted on G2.com.

What do you dislike?

I would like to see more detailed statistics regarding the delivered data, e.g. how many data points were delivered for each competitor, product category etc. Sometimes, it may be difficult to make adjustments in the account by myself, when I want to add or delete some items / competitors or product matches. Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?

1. Clear competitive data for repricing.

2. Price tracking for wide assortment.

3. Control the price positioning of the shop in online channel. Review collected by and hosted on G2.com.

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