We are driven by the mission to free retailers from pricing routines and save their time for more meaningful things. Numbers speak for Competera: 📌 Up to 8% of recovered revenue 📌 Up to 6% margin loss prevention 📌 Repricing time reduced by 50% In 2 years, our deep learning pricing technology will be the norm, not the exception. Stay ahead of the game with Competera. Watch the video. Learn more about us on the website: https://lnkd.in/eAgqcqj5 #pricing #retail #ai
Competera Pricing Platform
Software Development
New York, New York 3,413 followers
The Right Prices. For The Right Products. Every Day
About us
Welcome to Competera, where we’ve been rewriting retail pricing rules with AI's power since 2017. Gone are the days of struggling with outdated pricing methods. With Competera, you gain access to cutting-edge AI technology that optimizes your pricing decisions, leading to remarkable results for your business. That’s not all. Our platform delivers 1.1 billion annual data points directly to you, empowering you with actionable insights to drive your pricing strategy forward. $60 billion revenue optimized by Competera’s AI Pricing engine speaks for itself. But numbers only tell part of the story. When you partner with Competera, you join a community of forward-thinkers and visionaries, acknowledged as Gartner and Forrester's representative retail pricing and promotion solutions vendors. The pricing expertise you get with Competera will be empowered by our Advisory Council, which includes retail professionals with decades of experience. Moreover, with 32 partners in our network, you get access to the expertise of prominent minds in data analytics, retail solutions, automation, and A/B testing. Say goodbye to long hours spent on repricing – our platform slashes the time from 60 to just 4 hours weekly, tailored precisely to fit your needs with 930 context-specific AI submodels. Our advanced algorithms consider over 20 factors beyond elasticity, backed by an AI model trained on 10 billion transactions to propel your business forward. Our clients experience tangible benefits daily, from a remarkable 6% increase in gross profit to a 98% improvement in matching quality. You will be in good company with 49 clients across 18 countries who share our vision. We also established the Pricing Heroes podcast and the Retail Pricing Community to exchange retail insights and provide you with a knowledge base from top-notch pricing influencers. Let’s talk about the full potential of your pricing strategy!
- Website
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https://competera.ai
External link for Competera Pricing Platform
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- New York, New York
- Type
- Public Company
- Founded
- 2014
- Specialties
- Dynamic Pricing, Price Analysis, Price Optimization, Price Intelligence, Price Monitoring, Retail Analytics, Competitive pricing, Machine Learning, and Artificial Intelligence
Locations
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Primary
Get directions
New York, New York, US
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Get directions
Marina One East Tower #05-01
Singapore, , 018936, SG
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Get directions
Sichovykh Striltsiv St, 72A
Kyiv, , 04053, UA
Employees at Competera Pricing Platform
Updates
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As the year comes to a close, we're reflecting on the incredible partnerships we've built and the milestones we've achieved together. Thank you for your trust, your collaboration, and your shared passion for retail innovation! Wishing you a joyous holiday season filled with warmth, laughter, and cherished moments. ❤️ To an amazing 2025! ✨
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Exclusive Evening with Competera & Syntax at NRF 2025 ✨ Join us for an unforgettable dinner with industry leaders and fellow retailers. Enjoy insightful conversations, delicious food, and exclusive networking opportunities. Limited spots available! ➡️ https://hubs.ly/Q030bb8C0 #NRF2024 #RetailDinner #Networking #Competera #Syntax
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🎙 A NEW episode of the #Pricing_Heroes Podcast is now live! 🎧 Listen now: https://bit.ly/3OSDSGM Join us as we chat with Dr. Markus Husemann-Kopetzky, founder of the Price Management Institute GmbH and former Senior Manager of Pricing at Amazon, as he shares insights from his latest research on data-based decision making in retail and e-commerce. In this episode, Markus discusses: - "Data Kings" vs “Data Laggards" - Barriers retailers face when implementing data-driven strategies - His 7-step for adopting data-based decision making - Why he believes retailers should be investing in AI technology to enhance their pricing strategies Also available on: - Apple Podcasts: https://apple.co/4fgd2mP - Spotify: https://spoti.fi/4fhjABk #RetailPricing #DataDrivenPricing #PricingStrategy #AIPricing #RetailAnalytics
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Know your customer, know your market, know your price. 💡 Our new whitepaper dives deep into hyper-local pricing, revealing how to tailor your strategy to every location and build stronger customer relationships. Download it now and discover the power of personalized pricing. https://hubs.ly/Q02-RV3W0 #CustomerCentricity #RetailGrowth #PricingIntelligence
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Competera is heading to NRF'25: Retail's Big Show National Retail Federation 🚀 We're excited to join the retail industry's biggest event with our partners Syntax and share our expertise in AI-powered pricing. Let's connect and discuss how we can help you: 🔘Increase profitability 🔘Optimize promotions 🔘Gain a competitive edge Learn more and book a meeting at NRF:https://hubs.ly/Q02-JQ6M0 #NRF2025 #RetailPricing #AIinRetail #Competera
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🎉 Exciting news! We are thrilled to announce that Competera has been named a finalist for the Vendors in Partnership Awards' prestigious VIP Challenge Award!This recognition underscores our team's relentless pursuit of pricing excellence and our commitment to empowering retailers with cutting-edge AI technology. Join us in celebrating this milestone, and stay tuned as we head to the award ceremony in NYC on January 10, 2025! We'll also be showcasing our AI pricing solutions alongside our partners and customers at #NRF2025 — hope to see you there! #VIPAwards #VIPFinalist #RetailTech #AIinRetail #NRFBigShow
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Small price changes can have a huge impact on your bottom line, making price elasticity a secret weapon in the battle for market share. Our white paper delves into the nuances of price elasticity, helping you understand how different products and customer segments react to price changes. Read now: https://hubs.ly/Q02ZwDrV0
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💥 Black Friday is just around the corner, and the competition is fierce. Don't get caught in a race to the bottom! Find out how to win with strategic pricing, not just discounts: https://bit.ly/3Olqnz1
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Our Head of Partnerships, Oksana Chypchyruk 齐若薇, explores how SAP retailers can leverage AI to optimize pricing, boost revenue, and improve customer satisfaction. Learn how Competera and Syntax's seamless integration delivers smarter, faster, and more effective pricing management.