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.
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Company Name: 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.