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Competera Pricing Platform was added to AlternativeTo by Ivan Dzyuba on Jun 29, 2022 and this page was last updated Jun 29, 2022.
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What is Competera Pricing Platform?
Competera Pricing platform enables retailers and brands across all retail industries and markets to increase customer trust by setting and maintaining optimal price positions. By continuously calculating and re-quantifying billions of possible price combinations, the platform’s deep learning algorithms increase the enterprise clients’ gross margin by 6%. The optimal price recommendations across the entire pricing life cycle from initial, shelf to markdown, and promo price are based on 20+ pricing and non-pricing factors combined with the real-time competitive data.
Problems we address:
Reactive Pricing - you change your prices after competitors’ prices or supply costs are changed
Limited Number of Factors - considering a limited number of factors and applying manual or expert-based rules instead of comprehensive repricing logic
Inaccurate Data - historical and fresh competitive data with the low accuracy of product matchings provokes continuous mistakes in pricing decision-making
alexandernjogu added Competera Pricing Platform as alternative to Chekiprice
