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Competera Price Intelligence Review

Competera Price Intelligence
Our score: 8.0 User satisfaction: N/A

What is Competera Price Intelligence?

Competera Price Intelligence is a competitive data intelligence solution offered as a SaaS that converts day-to-day pricing routine into a more structured and manageable business process. What the software does is evaluates critical competitive assortment data and delivers them via a user-friendly interface, helping companies develop and analyze pricing strategies and come at fast and smart pricing decisions.

With Competera Price Intelligence, you know what your competition’s pricing strategies are and how you can compete based on reliable and up to date competition data, including prices, promotions, and stock availability. The software helps you implement smart and competitive prices fo your products with its intelligent recommendations. You can also derive high value and very actionable insights as Competera Price Intelligence enable you to look and see more data detailed historical analysis.

Overview of Competera Price Intelligence Benefits

Competera Price Intelligence helps your business come up with pricing strategies that are based on real-time pricing data from the competition as well as your own existing information. More than just attaining dynamic price optimization, Competera Price Intelligence turns users into masters of implementing and designing effective pricing strategies that will give you the edge over your competitors and drive business growth to higher heights.

With Competera Price Intelligence, you are able to lay down a laser-like focus on creating effective pricing strategies quickly and easily as the software automatically takes care of data collection and programming. You don’t have to spend significant time or exert effort in gathering pricing data and building strategies that work. Competera Price Intelligence automates that process.

You don’t have to go over data from your competitors and analyze them piece by piece, page by page. All you have to do is set up a schedule for Competera to have all the data you need whenever you need it. The software does all the hard work of gathering and analyzing data and then delivering them to you in a manner that you can easily digest right when you need it.

Deviating prices are a nightmare and you need your prices to be as competitive as possible while at the same time, ensuring you revenue. Competera Price Intelligence goes over your data as well as that of the competition’s and provides you with smart and effective pricing recommendations that work.

Overview of Competera Price Intelligence Features

  • Constant Competition Monitoring
  • Price Recommendations
  • In-depth Analysis
  • Automatic and Manual Data Quality Twin Check
  • Data Delivery
  • SLA Guaranteed Data Delivery

What Problems Will Competera Price Intelligence Solve?

1. Pricing and Category managers of online retail spend a lot of time for manual repricing of products, product groups, and categories of the assortment. Manual repricing is highly subjected to human mistakes.

Competera solve this problem by automated competitive price monitoring tool – Price Intelligence. The latest Competera research shows that automated repricing changes the workflow of the Category Manager. Price Intelligence saves 1 full working hour per day, i. e. 20 hours per month, i. e. 30 whole working days for the manager within a year.

Besides that, the product:

  • delivers reliable data which is clean, complete, correct and in a timely manner
  • turns competitive insights into ad hoc opportunities
  • eliminates possible management errors
  • benchmark against the competition to catch pricing and assortment gaps

2. It’s pretty common to meet retailers who don’t know which competitors really influence their performance and sales. To change prices in optimal way online retail should calculate a new price on the base of accurate and reliable data. It is impossible to build effective pricing strategy based on wrong defined competitors.

Competera Price Index displays a products/categories/brands positioning of online store against similar parameters of the competitors, or the market in general. It helps to check retrospectively whose actions influenced your sales the most, and how exactly.

The Price Index is a metric snapshot showing the normalized average of price relatives for a given class of goods in a given location, during a given interval of time.

3. Unfortunately, it is wide-spread practice in online retail to choose a certain pricing strategy or model and implement it. The experience of clients shows that there is now perfect pricing strategy suited for certain business.

Competera invented Agile Pricing to cover this problem. Agile Pricing is a dynamic pricing strategy that adapts to every market change automatically, yet can easily be corrected by a manager. To successfully use Agile Pricing, a retailer needs to apply to its software different pricing strategies, pricing models, and pricing algorithms.

Competera Price Intelligence Position In Our Categories

Since businesses have distinctive business needs, it is rational that they avoid seeking a one-size-fits-all, “perfect” business program. However, it would be difficult to discover such an app even among popular software systems. The rational step to do can be to write the different essential functions that call for a deliberation including important features, price terms, skill aptitude of staff, organizational size, etc. After which, you should conduct the product research fully. Browse over these Competera Price Intelligence analyses and look over the other applications in your list in detail. Such all-encompassing product research can make sure you keep away from unfit software products and subscribe to the system that includes all the function your business requires.

Position of Competera Price Intelligence in our main categories:

TOP 200

Competera Price Intelligence is one of the top 200 Business Intelligence Software products

If you are interested in Competera Price Intelligence it might also be a good idea to analyze other subcategories of Business Intelligence Software listed in our database of B2B software reviews.

Since each company has specific business needs, it is prudent for them to desist from looking for a one-size-fits-all ideal software solution. Needless to say, it would be useless to try to find such a platform even among market-leading software platforms. The intelligent thing to do would be to jot down the various essential aspects that need consideration such as required features, finances, skill levels of staff members, company size etc. Then, you should do your groundwork thoroughly. Read some Competera Price Intelligence Business Intelligence Software reviews and look into each of the other apps in your shortlist in detail. Such comprehensive groundwork can make certain you weed out ill-fitting applications and zero in on the app that presents all the aspects you need for business success.

How Much Does Competera Price Intelligence Cost?

Competera Price Intelligence Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact Competera Price Intelligence directly for information about pricing and other product details. You can also submit a request for a demo to see if the software is a perfect fit for your business.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you make a decision to buy Business Intelligence Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Competera Price Intelligence reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Competera Price Intelligence. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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Competera Price Intelligence Comparisons

Competera Price Intelligence user reviews

Precise competitive data for midsize business

Read full review >
Vlad Obaev
5/5

Overall impression

5/5

Customer Support

3/5

Value for Money

4/5

Ease of Use

Published on: 10.05.2018 Company Size: 1-10 Employees Industry: Retail

Effective price optimization for online retail

Read full review >
Aynar Aslanov
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 26.03.2018 Company Size: More than 100 Employees Industry: Retail

Facilitated work with MAP violators

Read full review >
Сергей Кухаренко
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

5/5

Ease of Use

Published on: 23.03.2018 Company Size: 11-50 Employees Industry: Food Production

What are Competera Price Intelligence pricing details?

Competera Price Intelligence Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact Competera Price Intelligence directly for information about pricing and other product details. You can also submit a request for a demo to see if the software is a perfect fit for your business.

What integrations are available for Competera Price Intelligence?

Competera Price Intelligence integrates with the following business systems and applications:

  • OWOX BI
  • Google Big Query
  • Any ERP via API
  • ALYTICS
  • RETAILCRM

Competera Price Intelligence average rating:

Average score
5/5 (3 user reviews)
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Write your own review of this product

ADD A REVIEW

The most favorable review

Сергей Кухаренко

PROS: I use Competera Brand Intelligence solution in order to protect the minimum advertised price. I received all the required data on the actual retail price. Once a month, I requested the statistics on price violations, and Competera delivered a special report which facilitated working things out with violators.

CONS: They need more functionality when it comes to using this tool for forecasting. Great on customer support.

Reviewed 2 years ago

Read full review >

The least favorable review

Сергей Кухаренко

PROS: I use Competera Brand Intelligence solution in order to protect the minimum advertised price. I received all the required data on the actual retail price. Once a month, I requested the statistics on price violations, and Competera delivered a special report which facilitated working things out with violators.

CONS: They need more functionality when it comes to using this tool for forecasting. Great on customer support.

Reviewed 2 years ago

Read full review >

More reviews from 3 actual users:

Sort by:

Latest
  • Latest
  • Most useful
  • Most positive
  • Most negative

Precise competitive data for midsize business

Read full review >
Vlad Obaev
5/5

Overall impression

5/5

Customer Support

3/5

Value for Money

4/5

Ease of Use

Published on: 10.05.2018 Company Size: 1-10 Employees Industry: Retail

PROS: The best thing I like in Competitive Data from Competera is a good value for money and the quality of services. I use the product and see the ROI for my business.

CONS: There was one typical for data delivers companies issue with Competera - we could not track the quality of data. But now (that was a good idea) guys added a new feature so I can check the status of data and make correct pricing decisions.

What do you think about this review? Great Poor

Effective price optimization for online retail

Read full review >
Aynar Aslanov
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 26.03.2018 Company Size: More than 100 Employees Industry: Retail

PROS: Our company collaborates with Competera from 2016. I am a new user of Competera repricing software. I like that I can rely on quality data to make profitable repricing. I also appreciate that I can set more ambitious goals with the help of pricing software.

CONS: Everything is working great with a product. I think there is one thing where Competera can upgrade. It will be great if I could get the automated notification when the product matchings are completed.

What do you think about this review? Great Poor

Facilitated work with MAP violators

Read full review >
Сергей Кухаренко
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

5/5

Ease of Use

Published on: 23.03.2018 Company Size: 11-50 Employees Industry: Food Production

PROS: I use Competera Brand Intelligence solution in order to protect the minimum advertised price. I received all the required data on the actual retail price. Once a month, I requested the statistics on price violations, and Competera delivered a special report which facilitated working things out with violators.

CONS: They need more functionality when it comes to using this tool for forecasting. Great on customer support.

What do you think about this review? Great Poor
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Reviewed By Jenny Chang
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