Competera Helps Retailers
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We cover the pricing needs of retailers working in diverse industries so they can keep customers loyal and grow key business metrics sustainably.
Health & Wellness
“Many of our products perform differently from store to store because of the various proximity to competitors’ points of sales. That’s why we were looking for a solution that would enable us to group stores and manage pricing with a regard to the distance between our and competitors’ stores” Read more
Elizabeth,
Store Manager
Grocery & Consumables
“Inflation puts more pressure on consumer's price perception. Migration between brands and focus on private labels is a trend. When considering private labels, we wanted to make sure these SKUs bring us as much profit as possible. At the same time, private label SKUs make no more than 15% of our portfolio. So, we needed a multifaceted tool to price effectively all types of products we offer”
Home Improvement & DIY
“The large part of SKUs in our portfolio have unique product attributes which made the market monitoring extremely hard. Another major problem we were struggling with was the ever growing number of long tail SKUs in warehouses. We wanted to deal with both challenges by means of pricing”
Automotive Supplies & Parts
“We work with plenty of suppliers, each of them offering different terms and costs. That’s how we came up with a sophisticated pricing decision-making tree which was extremely hard to sustain manually”
Apparel, Beauty & Footwear
“Demand volatility makes it almost impossible to forecast how many items we need to buy from suppliers. Overstock is inevitable. We want to sell stock but not without excessive losses of margin”
Lawn & Garden
“The typical profile of our customer implies getting to our offline store or sales point and buying more than 1 product at once. Our challenge was to set prices in the way we can encourage customers to buy more once they are in store”
Angela,
Category Manager
Sporting Goods, Toys & Seasonal
“Repricing took too much time for us. After we noticed a change in price by a competitor, we started to adjust our own prices. But when it was ready, it often turned out that our new prices were already incoherent with another change. It was like an endless price changing process”
Electronics
“Pricing races are growing non-stop. At one point, we realized that we exhausted all the traditional scaling approaches. But how can we stop mimicking competitors’ pricing and promo decisions and get out of the endless pricing wars?”
Convenience
“Often, there are large supermarkets nearby our store. And the only way to compete with them is to find a segment of specific products for which we can offer a more attractive price. That’s why we needed a sophisticated assortment segmentation tool”
Office Supplies & Stationery
“Since the last two years, the working patterns of our buyers have changed radically. For example, many people who worked at the offices switched to wfh. It means that new products are in demand. And as we were introducing new items, we needed to set the first price right”
Luxury
“Pricing in luxury is all about perception. The art is neither to overprice nor to underprice our products. We needed a solution that can help us to elevate value of the products and comprehend consumer willingness to pay”
Robert,
Growth Manager
QSR
“The price of our food is composed of many factors. Customer perception, distance to other restaurants, delivery options and order load of competitors are just a few examples. And we wanted to analyze all these things to be able to change prices in real-time”
Club Stores
“Negotiating the best prices with suppliers is crucial for our business. To do it, we need to always have the latest and comprehensive market view so we can understand on which terms our competitors managed to buy products from suppliers”
Pet Supplies
“In the past, we used to monitor market prices and adjust our own accordingly. But it’s not only the price that customers look for. Delivery options, special offerings, etc. are all taken into account by customers. That's how we realized the need for monitoring comprehensive market data instead of just prices”
Dark Stores & Delivery Services
“There are more than 500 dark stores in our chain. And for some SKUs prices can change even a few times during one day. It's not possible to smoothly change prices across all the dark stores without an integrated system”
Start to win with Competera right now
Advanced technology is the key to growing bottom-line sustainably. The future belongs to real-time ML-driven pricing.
+6% margin uplift on average
+8% revenue increase on average
Reduce repricing time by 50%
60% reduction in promo pressure
Uncover the full potential of Competera
Read how Competera’s pricing solutions help retailers across different industries.
Consumer goods
Unilever
Ready to consume market data for better assortment analysis
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Sporting Goods
Wiggle
Competition-based pricing for over half a million SKUs
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Home decor
Balsam Brands
Boosting gross margin and revenue by over 3,5%
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Grocery
Delivery service
Pricing Automation for grocery delivery service
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Consumer goods
Sephora
Coherent and flexible Competitive Data covering 9 countries
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Trusted by 50+ organizations across the globe
Every Competera's client receives 8% revenue and 6% gross margin uplifts on average.
Explore AI-powered solution to win in pricing
Boost your pricing power with Competera.
