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Competera
by Competera
by Competera
Profile Information Last updated on: 2 September 2024
Profile Information Last updated on: 2 September 2024
We help make selecting a software for your business effortless, economical and efficient.
by Competera
by Competera
Profile Information Last updated on: 2 September 2024
Profile Information Last updated on: 2 September 2024
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.
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.
Seller
Competera
HQ Location
New York, New York, USA
Company Website
https://competera.ai/
Contact
+1 3022075532
Year Founded
2014
Competitor Price Tracking
Dynamic Pricing
Market Data Analysis
Price differentiation
Pricing Analytics
Repricing engine
Custom Pricing Rules
Elasticity-based pricing
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How is Competera in terms of value for money?
for my 10000 people companyHow is Competera in terms of ease of use?
for my 10000 people companyEnglish
Where does Competera have offices in GCC?
Not available.
Who are Competera customers in the Middle East?
Not available.
What is the local address?
Not available.
Is Competera Platform Available in Arabic?
Not available.
Does Competera platforms use AI? And where?
Competera is an AI-powered pricing platform that uses advanced machine learning algorithms to optimize retail pricing strategies. It analyzes over 20 factors, automates real-time repricing, collects and analyzes real-time market data, and uses over 900 context-dependent AI models to provide precise and contextually relevant pricing recommendations. This helps retailers reduce repricing time and maintain competitive pricing strategies.
What AI does Competera uses? ChatGPT, etc.?
Not available.
Is Competera a web 3 company?
Not available.
Are there any web 3 components?
Not available.
By Competera