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What is DemandTec?

By advancing AI-driven pricing strategies to new heights, we equip retailers and consumer packaged goods partners with the tools necessary for implementing ideal pricing, promotions, and markdowns that are crucial for success in today's highly competitive retail sector. The landscape of retail has been irreversibly altered by the COVID-19 pandemic, prompting a fundamental reassessment of traditional planning, pricing, and promotional tactics. This exclusive report sheds light on how to effectively meet the evolving demands of future consumers. Utilizing integrated and cohesive data sources along with collaborative teams, companies can boost supplier partnerships through enhanced consumer insights and analytics. The incorporation of innovative and flexible data science ensures smooth compatibility with diverse analytical platforms, facilitating a more profound understanding of shopper behavior concerning pricing, promotions, and markdowns. With the support of AI, data science, and sophisticated predictive and prescriptive analytics, companies can attain remarkably precise forecasting that aligns with market dynamics. Ultimately, these advancements not only enable retailers to adjust to new challenges but also empower them to flourish in an ever-changing environment. In this way, businesses can cultivate resilience and adaptability, positioning themselves for long-term growth and success.

What is Competera?

Competera enhances the profitability of retailers and cultivates customer loyalty by leveraging artificial intelligence to create optimal, customer-focused pricing in real time. Our comprehensive platform merges Competitive Data with the Pricing Platform to fulfill all your pricing requirements effortlessly. - Competitive Data provides exceptional, real-time market insights with a 98% Service Level Agreement (SLA), offering a complete 360-degree perspective of the market. This empowers retailers to identify market trends and adjust their pricing strategies with confidence. - The Pricing Platform utilizes Contextual AI along with over 20 demand influencers to deliver real-time pricing optimization across your entire range of products and sales channels. This enables retailers to make informed decisions with 95% accuracy, enhance basket values, and achieve a gross margin increase of up to 6%. Moreover, our platform significantly reduces the workload for pricing teams by as much as 70%, enabling your team to concentrate on strategic initiatives aimed at fostering growth. The investment for our solution is customized according to the number of SKUs managed, the extent of deployment, and the specific setup of your products, ensuring it aligns perfectly with your individual business requirements. This flexibility makes it easier for retailers to adapt to changing market dynamics and stay competitive.

Media

Media

Integrations Supported

Acumatica Cloud ERP
Alumio
Amazon EC2
Amazon Web Services (AWS)
Onebeat
Oracle CRM On Demand

Integrations Supported

Acumatica Cloud ERP
Alumio
Amazon EC2
Amazon Web Services (AWS)
Onebeat
Oracle CRM On Demand

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Acoustic

Date Founded

2019

Company Location

United States

Company Website

www.demandtec.com

Company Facts

Organization Name

Competera

Date Founded

2017

Company Location

US

Company Website

competera.ai/brand-pricing-platform

Categories and Features

Pricing Optimization

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

Categories and Features

Competitive Intelligence

Alerts/Notifications
Benchmarking
Competing Product Analysis
Keyword Tracking
Social Media Monitoring
Trend Analysis
Website Monitoring

Pricing Optimization

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

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

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