AI Prices Your
Customers Trust
Make data-based and informed pricing decisions and
- rebound on average 6% of gross profit
- eliminate internal KPIs conflicts
- streamline your pricing efficiency
through setting and maintaining optimal AI-generated price positions based on 20+ pricing drivers beyond elasticity.
Capterra
G2 Crowd
Crozdesk
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2023 Best Retail Insights by Vendors In Partnerships Awards
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2023 Best Breakthrough Technology Solution by Vendors in Partnerships Awards
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2024 Best Retail Insights by Vendors In Partnerships Awards
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Representative Vendor in 2024 Market Guide for Retail Unified Price, Promotion, and Markdown Optimization Applications – Short Life Cycle
Uncover the full potential of Competera’s AI pricing
Read how retailers across different industries achieve their pricing goals with Competera.
Competera Pricing Platform
Competera’s USP lies in:
- AI-powered demand-based pricing
- Customer-centric approach
- Ability to optimize across all channels and data sources, which sets it apart from competitors like Revionics, Quicklizard, and 7Learnings which focus more heavily on rule-based, competitive, or price-elasticity models.
AI-Powered Demand-Based Pricing
Competera focuses heavily on demand-based pricing by leveraging AI to analyze:
- Customer behavior
- Willingness to pay
- Real-time demand, allowing retailers to optimize pricing beyond competitive pricing models.
This approach differs from competitors like Revionics, which emphasizes more traditional competitor-driven and rule-based strategies, and Quicklizard, which is centered around the automation of rule-based pricing.
Unified Platform for Multichannel Retailers
Competera offers a unified platform for pricing across all channels (online and offline) while integrating seamlessly with various data sources, including internal sales, inventory, and external competitor data. Revionics and Quicklizard are strong in omnichannel pricing but might not incorporate as effectively with as wide a range of data streams.
Customer-Centric Pricing
Competera provides a more personalized pricing strategy by focusing on customer buying behavior, which can improve AOV (Average Order Value) and overall customer lifetime value (CLV). 7Learnings also uses AI for optimization but focuses more on price elasticity without the broader focus on customer experience and demand modeling Competera offers.
Price Elasticity and Competitive Pricing in Balance
While competitors like Revionics and Quicklizard strongly emphasize rule-based pricing using price elasticity or competitive pricing. Competera balances competitive pricing by going one level deeper than only price elasticities and considering a wider array of factors to understand customer behavior. This allows retailers to dynamically adjust prices based on market conditions while maintaining profitability. 7Learnings also focuses on price elasticity but might not offer the same breadth of competitor analysis.
Seamless Adoption and Onboarding Process
Competera stands out with its streamlined onboarding and customer support system, which are highlighted as key in projects like the one with Union Coop. This smooth onboarding helps clients realize value faster. Quicklizard and 7Learnings also focus on ease of use, but Competera’s support during the early stages gives it an edge in client satisfaction.
Granular Pricing at the SKU Level
Competera’s ability to offer SKU-level pricing optimizations ensures hyper-targeted pricing strategies, which can be more detailed than those provided by Revionics and 7Learnings, focusing on broader category-based pricing or segmentation.
Start winning with Competera right now
Competera’s holistic AI is trained on 10B+ real-life transactions, 20+ pricing drivers and has more than 900+ context-dependent specific AI-models that perform simultaneously to ensure your success through pricing.
Reduce repricing time by 50%
Real-time repricing with 95% accuracy
Up to 6% margin loss prevention
Real-time competitive data
Your journey to pricing success
Competera is an industry-agnostic pricing solution for online, offline, omnichannel, mono- or multi brand retailers. We help your team get optimal revenue-generating prices for each product across all selling channels by leveraging the contextual AI.
Static Pricing
Manual processes and decisions
Same strategy for all customers
Spreadsheet based
Ad hoc repricing
Elasticity-based Pricing
Price elasticity and price sensitivity modeling are used in combination with competitor pricing
Using only price elasticity insights
Semi-automated pricing logic
Differentiated price strategy
AI-based Pricing
New price drivers added for Al pricing improvement
Insights based on internal and external data sets
Auto-generated optimal price recommendations
Human-in-the-loop intervention for governance and control
Competera Pricing Platform
A unified workplace with an easy-to-use interface
Competitive Data
Real-time market data and 98% accurate
AI-powered product matchings and similar matchings with SLA guarantees covering any regions, currency, or language in a single dashboard to ensure your pricing strategy protects margins and maintains the correct price perception. Details
AI Pricing Platform
Single pricing lifecycle solution powered by contextual AI model that suggests the optimal price for each product based on over 20 pricing and non-pricing factors ensuring streamlined workflows for initial, shelf, promo and markdown with human-in-the-loop intervention. Details
Overcome your pricing challenges
Meet and beat pricing obstacles that come your way. With Competera, you can successfully automate 97%+ pricing decisions and reach your strategic business goals.