About Competera

Benefits gained by retailers using Competera are determined by the product or combination of products that the business is using. Platform integration lasts from 2 to 6 weeks depending on the product setup.

1. Competitive Data fits best retailers with a strong e-commerce channel and large product portfolio. The businesses are able to get up-to-date market data in real-time with guaranteed data delivery quality of up to 99%. Every data point is secured by the SLA agreement and goes through both manual and automated quality assurance procedures before the information goes live.

2. Pricing Automation enables retailers to reprice at least 50% faster with no risk of human mistakes. The custom export formats ensure the flawless integration of new prices to existing systems. Businesses can set up a tailored repricing logic of any complexity to harmonize pricing across all the product groups.

3. Price Optimization is a unique demand-based engine for searching optimal price points bringing on average an 8% uplift in revenue and a 6% in margin. It can simultaneously set prices for any number of products with surgical precision. When calculating prices, ML algorithms identify cross-product dependencies and demand patterns taking into account products' own elasticities, cross-elasticities, cannibalization rates, and up to 20 other pricing and non-pricing factors. The 'black box' problem is solved with interpretability features revealing all the factors behind every recommendation.


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)


Images

Competera Software - 1
Competera Software - 2
Competera Software - 3
Competera Software - 4
Competera Software - 5
Competera Software - 6
Competera Software - 7
Competera Software - 8
Competera Software - 9
View 10 more
Competera video
Competera Software - 1
Competera Software - 2
Competera Software - 3
Competera Software - 4
Competera Software - 5
Competera Software - 6
Competera Software - 7
Competera Software - 8
Competera Software - 9

Not sure about Competera? Compare with a popular alternative

Competera

5,0 (50)
VS.

Starting Price

US$1 000,00
month
€997,00
month

Pricing Options

Free version
Free trial
Free version
Free trial

Features

41
64

Integrations

5
5

Ease of Use

4,9 (50)
4,9 (10)

Value for Money

4,9 (50)
5,0 (10)

Customer Service

5,0 (50)
4,9 (10)
Green rating bars show the winning product based on the average rating and number of reviews.

Alternatives

SYMSON

4,9
#1 Alternative to Competera
At SYMSON, we are big believers in bringing human expertise and machine learning together to make the pricing process...

Quicklizard

4,8
#2 Alternative to Competera
AI-Pricing Software for Retailers and Brands. We enable retailers and brands to achieve pricing excellence at scale. We...

DATA SEEKERS

4,3
#3 Alternative to Competera
SaaS company based in Málaga specialized in data and prices extraction and monitoring, pricing, stock and catalogue...

Aimondo Pricing Platform

4,5
#4 Alternative to Competera
Aimondo offers a flexible, powerful pricing platform, perfect for enhancing existing systems or as a standalone,...

Reviews

Overall rating

5,0 /5
(50)
Value for Money
4,9/5
Features
4,9/5
Ease of Use
4,9/5
Customer Support
5,0/5

Already have Competera?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 50
Mantė
Overall rating
  • Industry: Retail
  • Company size: 1 001–5 000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great retail pricing software: we increase our sales and stay competitive

Reviewed on 2020/07/10

Ok, thanks to Competera, we have a very comprehensive and up-to-date picture of the market at any...

Ok, thanks to Competera, we have a very comprehensive and up-to-date picture of the market at any given time which helps us make far more well-informed pricing decisions.

I think the most important goals for us are to increase the sales of our company and be competitive in the market. Competera helps us with them.

As for the features, I love their clear and easy-to-use dashboards (the design is great!).

Pros

We are the largest retail chain of DIY, home repairing and improvement, house building stores in the Baltic region, and it’s important for us to receive high-quality competitive data about our true competitors, as well as get data-driven actionable insights on setting optimal prices across our assortment at any time. Competera allows us to do that. The speed of decision making is also important and, with Competera, we’ve significantly speeded up our repricing.

Also, I like the communication between our companies. We have been cooperating for almost 4 years now and Competera’s customer care team has always been extremely responsive and very rapid at addressing my requests.

Cons

Everything is great, but I’d love to see even higher matches quality.

Response from Competera

Thank you, Mante! It's a pleasure to work with you, too

Igor
Overall rating
  • Industry: Consumer Goods
  • Company size: 1 001–5 000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Highly qualified price monitoring for brands

Reviewed on 2018/05/23

Delonghi group (Delonghi, Kenwood, Braun) is an Italian brand of domestic appliances located in 40...

Delonghi group (Delonghi, Kenwood, Braun) is an Italian brand of domestic appliances located in 40 countries. The right price for our product is valuable for our brand. My goal is to ensure a good selling price within the region. Competera solves the problem of my awareness of pricing in our distribution channels. Due to information from Brand Intelligence product I always know the current price of our products so that I can prevent bad tendencies.

Pros

I like Competera for solving complicated tasks just in time they promised. For instance, I had a goal to monitor prices from challenging marketplace. I was interested in the report of MAP violations by key positions. I know that was technically difficult task for Competera, and they handled the problem of scanning the complex website.

Cons

I work with Competera since 2017 and I can't say that I have some outstanding concerns about product or customer support.

Verified Reviewer
Overall rating
  • Industry: Cosmetics
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Used it a lot to understand my clients' behavior and it helped a lot!

Reviewed on 2018/06/11

Pros

The thing that I like most about Competera Pricing Platform is the intelligence behind it. This system learns with my customer's behaviour and helps me to develop my whole pricing strategy.

Cons

I like almost everything about this software, but it is too expensive. So it is the only thing that I can say that I like least.

Robert
Overall rating
  • Industry: Retail
  • Company size: 201–500 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Advanced price optimization and a proactive pricing strategy

Reviewed on 2020/02/03

Here's a list of benefits we've realized:
- Switching to strategic tasks;
- Sustainable and...

Here's a list of benefits we've realized:
- Switching to strategic tasks;
- Sustainable and proactive pricing;
- Advanced price optimization.

Pros

We've been using Competera for over a year and it is truly indispensable for the team. Out of all the benefits it has, Competera helped us reduce manual work and save plenty of time that we can now spend on strategically important tasks.

We are now capable of tracking and course-correcting strategy implementation and market positioning on a daily basis. We look forward to enhancing our position with Competera via advanced price optimization and proactive pricing.

Competera managed to satisfy our requests and that's why we would definitely recommend it to other retailers.

Cons

Nothing much to report so far. It's been a very good experience.

Oleksandr
Overall rating
  • Industry: Cosmetics
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Price tracking for sales and revenue growth

Reviewed on 2017/07/27

Any problems are solved in a couple of hours by the tech support team. If I had a specific request...

Any problems are solved in a couple of hours by the tech support team. If I had a specific request on the rules of repricing, I only need ask and it appears on my dashboard.

Pros

I love the fact that spreadsheet pricing is dead to me. Since I started using the pricing platform the pricing in Watsons doesn't depend on the human eye, so that I don't worry about mistakes any more.
I'm sure that I can achieve my KPI's and even more. As a result, the revenue of the shop is going up and I can earn more for myself. Saving time on manual checking of competitors prices, promotions and assortment, I can concentrate on strategic tasks. My job gets more profitable and ambitious thanks to the automation of pricing!

The main problems I've solved with competera are:
1. I stopped wasting time on manual checking of thousands of competitors SKU's.
2. I achieve my KPI's and bring more revenue to the shop.
3. I focus on strategic issues not on routine tasks.

Showing 5 reviews of 50 Read all reviews

Competera FAQs

Below are some frequently asked questions for Competera.

Competera offers the following pricing plans:

  • Starting from: US$1 000,00/month
  • Pricing model: Subscription
  • Free Trial: Not Available

Pricing information is available on inquiry.

Competera has the following typical customers:

51–200, 201–500, 501–1 000, 1 001–5 000

Competera supports the following languages:

English

Competera supports the following devices:

Competera integrates with the following applications:

Adobe Commerce, Amazon EC2, Google Cloud, Oracle CRM On Demand, SAP Analytics Cloud

Competera offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

Related categories

See all software categories found for Competera.