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Backcasting: Building an Accurate Forecasting Model for Your Business
We often talk about machine learning for price management from the business point of view while leaving the technical part out. This article is quite unique. Our data science team …
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Competera and Bynecon Consulting Become Strategic Partners
In November 2020, Competera and Bynecon Consulting agreed to launch a strategic partnership that would both strengthen the position of Competera in Turkey and Miditerenian region a…
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10 Ways to Reshape Product Portfolio
We continue publishing the entries dedicated to various aspects of the retail business. This time, we’ll focus on the effective supply chain and portfolio management practices that…
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Competera Wins SoftwareSuggest Recognition Awards Fall 2020
Competera Pricing Platform has won an award in the Customers’ Choice Fall 2020 category.
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Pricing System Implementation in 2025: Handbook for Retailers
Price remains the major factor considered by customers while making purchases. That’s why every retailer is eager to improve pricing policy so it can either satisfy the consumer re…
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Competera Wins Retail Systems Awards 2020
On October 19, Retail Systems Awards 2020 announced the winners of all twenty-one nominations in the 15th event edition. UK-based Retail Systems Awards celebrate excellence and inn…
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How to Win Customers with Behavioral Pricing: a Guide for Retailers
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Category Management vs New Normal in Retail: 5 Tips for Every CatMan
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Erik Rodenberg Joins Competera
/PRESS RELEASE/ Erik Rodenberg, a well-known retail technology consultant with decades of retail experience under the belt, has joined the advisory board of Competera. Currently th…
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Maciej Kraus Joins Competera
/PRESS RELEASE/ Maciej Kraus, an internationally renowned pricing expert, has joined Competera's advisory board. Currently a partner at venture fund Movens Capital and Stanford gue…
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Price Leadership or Price Followership: Choosing the Right Approach
What is price leadership? Price leadership is a phenomenon that occurs when a particular seller can set a price which then serves as a benchmark for the other market players. In it…
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Competera-Intertop Case Study Wins Ukraine Innovation Awards 2020
We are extremely proud to announce that Competera's case study "Markdown optimization. Saving profit margin at Intertop" with renowned Eastern European omnichannel retailer Interto…
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Competera & Bob Phibbs: Hope Business
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Competera Wins Happiest Users Award from Crozdesk
We are infinitely grateful to our clients for trusting us with one of the most important elements of their operations — pricing. We'll continue to do our best to offer you even bet…
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Pricing Performance: How to Measure Your Business
According to Nielsen, the most anticipated changes in the FMCG retail industry in 2020 are a decrease in demand due to a drop in real incomes, an increase of the online channel, an…
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How to Increase Profit Margin or Make Pricing Your Margin’s Best Friend
What is profit margin? Profit margin is an accounting metric used to evaluate the profit gained by the business in regard to the revenue. To put it simply, profit margin marks the …
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Efficient Online Price [Video]
Competera continues the series about retail during the crisis. In this piece, we're publishing a video of our second webinar. Global turbulence forces more and more retailers to mo…