Competera Releases Ecommerce Pricing Platform
Competitor price monitoring tool Competera has been relaunched with a new pricing platform consisting of three major modules.
Competitive Data helps sellers obtain up-to-date information about their competitors. Users can see complete and timely information about the market and competitors, with a guaranteed 95% data accuracy.
Price Management helps integrate prices, stock availability, and promo activity of competitors, by monitoring price decisions and prices. It helps retailers take a proactive approach to pricing.
Price Optimization helps predict profit, demand, and buyers' behavior resulting from a particular change. The foundation of this product is qualitative data, flexible and customizable processes, as well as machine learning technologies, statistics and big data operations.