Competera

Competera is an advanced AI-powered pricing platform designed to help retailers optimize their pricing strategies across the entire product lifecycle. The platform leverages cutting-edge machine learning algorithms and deep learning technology to analyze over 20 pricing and non-pricing factors, providing retailers with data-driven, optimal price recommendations. By continuously calculating billions of possible price combinations in real-time, Competera aims to boost enterprise clients' gross margins by up to 6% while maintaining competitive market positioning. At its core, Competera offers two main components: Competitive Data and AI Pricing Platform. The Competitive Data feature provides real-time market data with 98% accurate AI-powered product matchings, covering various regions, currencies, and languages. This enables retailers to monitor their competitors effectively and maintain the correct price perception in the market. The AI Pricing Platform is a comprehensive solution that covers the entire pricing lifecycle, from initial pricing to promotions and markdowns. It uses contextual AI models to suggest optimal prices for each product based on multiple factors, ensuring streamlined workflows with human-in-the-loop intervention for governance and control.

• Small Businesses (1-99)
• Mid Market (100-500)
• Enterprise (500+)

Competera is noted for its flexibility and adaptability across various retail channels, including online, offline, and omnichannel environments. This versatility allows retailers to implement consistent pricing strategies across different sales platforms, ensuring a seamless customer experience. The platform's ability to integrate with existing systems and provide real-time repricing capabilities with high accuracy further sets it apart from other pricing tools. By leveraging Competera, retailers can not only improve their pricing efficiency but also enhance their overall market positioning and profitability.