Optimal prices your customers trust
Competera enables retailers and brands to increase customer trust by setting and maintaining optimal prices in real-time. Our AI algorithms continuously re-calculate billions of possible price combinations helping retailers to rebound 6% of previously lost margin
External factors
Internal factors
- New entry
- KVIs
- Overstock
- Promo items
- Traffic generators, Long tail
Initial price engine
Efficient AI-augmented Intro Price benchmarking
Optimal rate of sale from day 1 of a new product sales
Automation engine
Rule-based recommendations
Markdown engine
Cascade price reduction to clear stock
Liquidation recommendations
Promo engine
Learn contributionof each promo element
Choose top-performing promo scenario in promo sandbox
Optimization engine
Price recommendations based on demand elasticity
position