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PRICE
INTELLIGENCE
competera.net
3years
specializing in
price intelligence
specialists, who love
their job
200
happy customers in 10
countries
PRICE INTELLIGENCE
Best B2B start-up
2014
Innovational service for
retail 2015
Award for most
promising project
25
We truly love what we do and that is one of the
reasons why our customers choose us.
PRICE INTELLIGENCE
After a long search and testing of different solutions, we chose Competera. The team provides
reliable data at reasonable prices. I enjoy working with them and wish this company huge
success.
ROMAN OSOKIN
PRICE INTELLIGENCE
Customers mobility has substantially transformed
modern pricing strategies
PRICE INTELLIGENCE
Experts have established the major factors that
influence pricing:
Increased price sensitivity of consumers
Increased pricing aggressiveness from competitors
Increased price transparancy
Need to protect brand’s price image
Need to provide consistency in price across channels
Need to provide more localized pricing
Increased promotional intensity of competitors
67%
51%
47%
42%
27%
21%
25%
Source: “Tough Love: An In Depth Look at Retail Pricing Practices”
Organizational Barriers Impacting Ability to
Implement More Effective Pricing Practices
42%
41%
40%
34%
Lack of reliable competitive pricing and purchasing data
Resistance to dynamic price change and omni-channel development
Lack of proper pricing skill
Conservative sales channel organization techniques make it difficult to coordinate
pricing strategies across channels
PRICE INTELLIGENCE
PRICE INTELLIGENCE
Are you following the concept of modern pricing
strategies running your business?
Follow your own strategy
Change prices wisely
Protect your brand’s price image
Consider channels pecularities in pricing
Respond quickly to competitors’ price changes
Retailers, who use modern systems for price
monitoring will be able to...
Not only compare prices, but change the rules of the game
Understand the impact of any sales channel on pricing
Set up a relevant number of price changes per week
Measure an effect of their own decisions
PRICE INTELLIGENCE
1
2
3
4
… and will create opportunities to:
PRICE INTELLIGENCE
INCREASE
IMPLEMENT
CREATE
margin
top-line sales
market share
a dynamic and local
pricing
more profitable promotions
a more price competitive image
for customers
PRICE INTELLIGENCE
сompetera PRICE INTELLIGENCE
is a modern platform for price monitoring
Main features
Instant data on each product you sell
Analysis within a category or by competitor
Promotion analysis
Assortment analysis
Data delivery in ERP.
PRICE INTELLIGENCE
How it works?
REST API
Data Streaming
Online Dashboard
Products
Matching
Products you need to monitor
are matched with ones are
sold by your competitors’,
URL to URL. All matches are
verified visually.
PRICE INTELLIGENCE
Data
Scraping
Competitors’ prices, promotion,
shipping and stock availability
data can be scraped and
delivered to you as frequently
as every 2 hours.
Processing and storing
data in UI
All scraped data is stored, processed
and displayed in analytic charts and
reports in Competera user interface.
PRICE INTELLIGENCE
Products matching
verified manually
Supervised crowdsourcing team performs visual product
match verification
manual and visual quality verification
flexible matching of products added to a monitoring list
within a couple of hours
not matched products are checked 3 times for availability
in 7-14-28 days
SLA guaranteed product matching quality and competitive data delivery
PRICE INTELLIGENCE
Data scraping
as frequently as every 2 hours
data support and crawlers update
configurable monitoring frequency for different categories
prices, promotion, stock availability and shipping dataset
custom written scripts for each data crawler
Smart data collection algorithm does not
create an overload on websites
PRICE INTELLIGENCE
Processing and storing data in UI
access analytics and reports in Competera user interface
multi-user access to reports through a browser
API for integration with ERP and/or shop window
data export in Excel and CVS
data streaming in Google BigQuery
ticket user support
All data is stored from the 1st day of system
operation
Advantages over alternative solutions
PRICE INTELLIGENCE
In-house solution COMPETERA
Level of competence Low High
Data accuracy Medium High
Matching technology
Automated, with no systematic
control
Crowdsourcing
with QA
Data delivery frequency Once a day ore more rarely Up to every 2 hours
Scalability Limited Unlimited
Time for realization Long Short
Return on investment Slow Fast
Opportunities for departments:
PRICING MARKETING PURCHASING
Evade manual competitive data
collection with price intelligence
automation. Take advantage of
precise and on-time competitive
data supplementing your
repricing rules with it.
Be aware of your competitors’
in-stock availability changes and
promotions on the SKU level.
Trigger PPC, abandoned cart and
“best offer in the market”
emails to increase conversion
rates referring to Competera
data.
Get precise data on your
assortment intersection with
competitors. See who is not
compliant to vendors’ MAP.
Know when competitors are
running out of stock.
PRICE INTELLIGENCE
COMPETERA case studies
PRICE INTELLIGENCE
PRICE INTELLIGENCE
Dynamic determination of
elasticity of demand
Demand and competition in online channel are closely related
Deviation from competitors
Competera + Google Analytics + Google BigQuery
Download
full case
study
3,00%
2,30%
1,60%
0,90%
0,20%
-10,00% -5,00% 0,00% 5,00%
10,00%
2,0%
0,3%
c
o
n
v
e
r
s
i
o
n
PRICE INTELLIGENCE
Measuring price sensibility within
category/channel/brand
TVs
Smartphones
Washing mashines
Refrigerators
Laptops
Heaters
Tablets
Water heaters
Multicookers
Ovens
Sensibility coefficient
Download
full case
study
Price sensibility by categories
-0,40 -0,30 -0,20 -0,10 -0,00
Download
full case
study
Optimize your paid search channel strategies getting
pricing insights from Competera on SKU level.
Cost optimization of your customer acquisition
through paid search channels
PRICE INTELLIGENCE
New opportunities for product
recommendations and E-mail marketing
Best price, Best promotion, Abandoned cart - the best
deal on the market
PRICE INTELLIGENCE
Figuring out where your products/categories/brands are positioned in the
market will then enable you to identify opportunities for the
recommendation of complimentary services and trigger targeted mailings.
Easy activation flow:
1 2 3Send us the list
your items for
monitoring in .xls
or xml/yml file
and competitors’
URLs
Give us 10 days to
process data and
set everything up
Get access to
your Competera
cabinet UI and
API with
competitive data
at hand
PRICE INTELLIGENCE
Your Competera account is ready to use within
10 days
Be a #PricingHero
+1 415 854 5391 US
+38 044 392-80-56 UA
+44 203 608-77-82 UK
+7 499 703-02-23 RF
info@competera.net

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Competera - Price Intelligence (eng)

  • 2. 3years specializing in price intelligence specialists, who love their job 200 happy customers in 10 countries PRICE INTELLIGENCE Best B2B start-up 2014 Innovational service for retail 2015 Award for most promising project 25
  • 3. We truly love what we do and that is one of the reasons why our customers choose us. PRICE INTELLIGENCE After a long search and testing of different solutions, we chose Competera. The team provides reliable data at reasonable prices. I enjoy working with them and wish this company huge success. ROMAN OSOKIN
  • 4. PRICE INTELLIGENCE Customers mobility has substantially transformed modern pricing strategies
  • 5. PRICE INTELLIGENCE Experts have established the major factors that influence pricing: Increased price sensitivity of consumers Increased pricing aggressiveness from competitors Increased price transparancy Need to protect brand’s price image Need to provide consistency in price across channels Need to provide more localized pricing Increased promotional intensity of competitors 67% 51% 47% 42% 27% 21% 25% Source: “Tough Love: An In Depth Look at Retail Pricing Practices”
  • 6. Organizational Barriers Impacting Ability to Implement More Effective Pricing Practices 42% 41% 40% 34% Lack of reliable competitive pricing and purchasing data Resistance to dynamic price change and omni-channel development Lack of proper pricing skill Conservative sales channel organization techniques make it difficult to coordinate pricing strategies across channels PRICE INTELLIGENCE
  • 7. PRICE INTELLIGENCE Are you following the concept of modern pricing strategies running your business? Follow your own strategy Change prices wisely Protect your brand’s price image Consider channels pecularities in pricing Respond quickly to competitors’ price changes
  • 8. Retailers, who use modern systems for price monitoring will be able to... Not only compare prices, but change the rules of the game Understand the impact of any sales channel on pricing Set up a relevant number of price changes per week Measure an effect of their own decisions PRICE INTELLIGENCE 1 2 3 4
  • 9. … and will create opportunities to: PRICE INTELLIGENCE INCREASE IMPLEMENT CREATE margin top-line sales market share a dynamic and local pricing more profitable promotions a more price competitive image for customers
  • 10. PRICE INTELLIGENCE сompetera PRICE INTELLIGENCE is a modern platform for price monitoring
  • 11. Main features Instant data on each product you sell Analysis within a category or by competitor Promotion analysis Assortment analysis Data delivery in ERP. PRICE INTELLIGENCE
  • 12. How it works? REST API Data Streaming Online Dashboard Products Matching Products you need to monitor are matched with ones are sold by your competitors’, URL to URL. All matches are verified visually. PRICE INTELLIGENCE Data Scraping Competitors’ prices, promotion, shipping and stock availability data can be scraped and delivered to you as frequently as every 2 hours. Processing and storing data in UI All scraped data is stored, processed and displayed in analytic charts and reports in Competera user interface.
  • 13. PRICE INTELLIGENCE Products matching verified manually Supervised crowdsourcing team performs visual product match verification manual and visual quality verification flexible matching of products added to a monitoring list within a couple of hours not matched products are checked 3 times for availability in 7-14-28 days SLA guaranteed product matching quality and competitive data delivery
  • 14. PRICE INTELLIGENCE Data scraping as frequently as every 2 hours data support and crawlers update configurable monitoring frequency for different categories prices, promotion, stock availability and shipping dataset custom written scripts for each data crawler Smart data collection algorithm does not create an overload on websites
  • 15. PRICE INTELLIGENCE Processing and storing data in UI access analytics and reports in Competera user interface multi-user access to reports through a browser API for integration with ERP and/or shop window data export in Excel and CVS data streaming in Google BigQuery ticket user support All data is stored from the 1st day of system operation
  • 16. Advantages over alternative solutions PRICE INTELLIGENCE In-house solution COMPETERA Level of competence Low High Data accuracy Medium High Matching technology Automated, with no systematic control Crowdsourcing with QA Data delivery frequency Once a day ore more rarely Up to every 2 hours Scalability Limited Unlimited Time for realization Long Short Return on investment Slow Fast
  • 17. Opportunities for departments: PRICING MARKETING PURCHASING Evade manual competitive data collection with price intelligence automation. Take advantage of precise and on-time competitive data supplementing your repricing rules with it. Be aware of your competitors’ in-stock availability changes and promotions on the SKU level. Trigger PPC, abandoned cart and “best offer in the market” emails to increase conversion rates referring to Competera data. Get precise data on your assortment intersection with competitors. See who is not compliant to vendors’ MAP. Know when competitors are running out of stock. PRICE INTELLIGENCE
  • 19. PRICE INTELLIGENCE Dynamic determination of elasticity of demand Demand and competition in online channel are closely related Deviation from competitors Competera + Google Analytics + Google BigQuery Download full case study 3,00% 2,30% 1,60% 0,90% 0,20% -10,00% -5,00% 0,00% 5,00% 10,00% 2,0% 0,3% c o n v e r s i o n
  • 20. PRICE INTELLIGENCE Measuring price sensibility within category/channel/brand TVs Smartphones Washing mashines Refrigerators Laptops Heaters Tablets Water heaters Multicookers Ovens Sensibility coefficient Download full case study Price sensibility by categories -0,40 -0,30 -0,20 -0,10 -0,00
  • 21. Download full case study Optimize your paid search channel strategies getting pricing insights from Competera on SKU level. Cost optimization of your customer acquisition through paid search channels PRICE INTELLIGENCE
  • 22. New opportunities for product recommendations and E-mail marketing Best price, Best promotion, Abandoned cart - the best deal on the market PRICE INTELLIGENCE Figuring out where your products/categories/brands are positioned in the market will then enable you to identify opportunities for the recommendation of complimentary services and trigger targeted mailings.
  • 23. Easy activation flow: 1 2 3Send us the list your items for monitoring in .xls or xml/yml file and competitors’ URLs Give us 10 days to process data and set everything up Get access to your Competera cabinet UI and API with competitive data at hand PRICE INTELLIGENCE Your Competera account is ready to use within 10 days
  • 24. Be a #PricingHero +1 415 854 5391 US +38 044 392-80-56 UA +44 203 608-77-82 UK +7 499 703-02-23 RF info@competera.net