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Description

Competera elevates retailers’ profitability and fosters customer loyalty by utilizing AI to establish optimal, customer-centric pricing in real time. Our integrated platform combines both Competitive Data and the Pricing Platform to meet all your pricing needs seamlessly. • Competitive Data supplies high-quality, real-time market intelligence with a 98% Service Level Agreement (SLA), granting a full 360-degree view of the market. This enables retailers to detect market trends and fine-tune their pricing strategies confidently. • Pricing Platform employs Contextual AI alongside more than 20 demand drivers to offer real-time pricing optimization across your entire product range and sales channels. This allows retailers to make data-driven decisions with 95% accuracy, boost basket values, and realize up to a 6% increase in gross margin. Our platform significantly decreases the workload of pricing teams by up to 70%, allowing your team to focus more on strategic initiatives that drive growth. The investment for our solution is tailored based on the number of SKUs under management, the scope of deployment, and the specific product setup to fit your unique business needs.

Description

Margin Master is a cutting-edge platform for retail pricing optimization aimed at empowering retailers to revamp their pricing approaches through intelligent analytics, automation, and dynamic “what-if” simulation features that enhance margins and overall profitability. The platform focuses on effective management of pricing strategies, enabling users to set rules at various levels such as store, department, class, or commodity group, and automatically implement these rules throughout their inventory, significantly reducing the time spent on manual price changes by facilitating weekly and bulk updates along with bin tag generation. Additionally, it offers real-time impact assessments that illustrate the anticipated financial outcomes of price adjustments on both annual and monthly bases while allowing for multiple scenario analyses, enabling decision-makers to confidently evaluate different strategies. With tools for competitive analysis and item segmentation, retailers can classify products based on their sensitivity and market positioning, allowing them to adjust pricing in relation to competitors while also pinpointing key strategic items, such as traffic influencers or high-margin stock-keeping units, that can drive sales and profit. Overall, this comprehensive suite of features equips retailers with the necessary tools to make informed pricing decisions in an ever-evolving market landscape.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Acumatica Cloud ERP Yes 
Alumio Yes 
Amazon EC2 Yes 
Amazon Web Services (AWS) Yes 
Onebeat Yes 
Oracle CRM On Demand Yes 
Paladin POS No 

Integrations

Acumatica Cloud ERP No 
Alumio No 
Amazon EC2 No 
Amazon Web Services (AWS) No 
Onebeat No 
Oracle CRM On Demand No 
Paladin POS Yes 

Pricing Details

By request
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Competera

Founded

2017

Country

US

Website

competera.ai/brand-pricing-platform

Vendor Details

Company Name

RetailerSoft

Founded

2002

Country

United States

Website

marginmaster.com/marginmaster

Product Features

Competitive Intelligence

Alerts/Notifications Yes 
Benchmarking No 
Competing Product Analysis Yes 
Keyword Tracking No 
Social Media Monitoring No 
Trend Analysis Yes 
Website Monitoring Yes 

Pricing Optimization

Channel Analysis Yes 
Competing Product Analysis Yes 
Forecasting Yes 
Market Analysis Yes 
Multi-Store Management Yes 
Price List Management Yes 
Price Optimization Automation Yes 
Pricing Analytics Yes 
Profitability Analysis Yes 
Scenario Planning Yes 

Retail Management

CRM No 
Commission Management No 
Email Marketing No 
Employee Management No 
Loyalty Program No 
Mail Order No 
Merchandise Management No 
Multi-Location No 
Order Management No 
Purchase Order Management No 
Reporting/Analytics Yes 
Returns Management No 
eCommerce Yes 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

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