About Smartpricing
Smartpricing is a pricing software from Smartpricing - Competera that helps businesses set competitive prices. It provides data analysis, competitor tracking, and dynamic pricing features so companies can adapt to market changes. This tool enables users to make informed pricing decisions based on real-time data, improving profit margins and market positioning. Smartpricing also supports various industries, allowing businesses to customize their pricing strategies according to their specific needs. Key capabilities: data analysis competitor tracking dynamic pricing customizable pricing strategies real-time analytics Best for: retailers and e-commerce businesses that need effective pricing strategies to boost sales and remain competitive in the market.
Smartpricing is the ultimate "autopilot" for hotel revenue. It effectively democratizes high-level AI technology for small and medium-sized properties that can't afford a full-time revenue manager. Its standout quality is the balance between automation and control—it does the heavy lifting but lets the owner set the boundaries. If you are an independent hotelier looking to stop leaving money on the table without spending your life in spreadsheets, Smartpricing is arguably the most user-friendly solution on the market.
Pros & Cons
- +The customer support is excellent and helps even more to use the tool at maximum
- +Really intelligent revenue management system with an easy integration
- +It uses real-time market data to optimize our rates
- −The service currently relies on a mobile website for on-the-go access.
- −The algorithm must be trained at least once a week.
Features
Key features
- AI-Driven Dynamic Pricing
- Uses proprietary algorithms to analyze thousands of data points and automatically adjust room rates in real-time.
- Automated Data Collection
- Constantly cross-references internal data (occupancy, history) with external market trends, local events, and competitor prices.
- High Automation (Hands-Free Mode)
- Can reduce the time spent on manual pricing from hours to just 30 minutes per week.
- Price Justification
- Provides transparent "reasoning" for every price suggestion, showing the factors that influenced the AI's decision.
- Strategy Aggressiveness Control
- Allows hoteliers to set how "aggressive" or "conservative" the algorithm should be in reacting to market shifts.
Additional features
- PMS & Channel Manager Integration
- Two-way synchronization with over 80 property management systems to ensure rates are updated instantly.
- Competitor Analysis
- Real-time tracking of what neighboring properties are charging.
- Event & Holiday Impact Estimator
- Predicts how local festivals, concerts, or holidays will affect demand.
- Minimum/Maximum Price Limits
- Guarantees that the AI never prices a room below the cost of service or above a desired ceiling.
- Occupancy-Based Rules
- Increases prices automatically as the hotel fills up to capture higher margins on the last few rooms.
- Gap Night Optimization
- Specifically targets "orphan nights" in the calendar with specialized pricing to fill vacancies.
- Intuitive Statistics & Analytics
- Visual graphs and KPIs to monitor performance, ADR (Average Daily Rate), and RevPAR (Revenue Per Available Room).
- Strategy Preview
- Allows users to see what the prices would be before applying the strategy live.
- Email Marketing & Upselling
- Automated tools to follow up with guests and offer upgrades.
- Consultancy Service
- Option to purchase private 1-on-1 strategy optimization with revenue experts.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Smartpricing
Smartpricing is a pricing software from Smartpricing - Competera that helps businesses set competitive prices. It provides data analysis, competitor tracking, and dynamic pricing features so companies can adapt to market changes. This tool enables users to make informed pricing decisions based on real-time data, improving profit margins and market positioning. Smartpricing also supports various industries, allowing businesses to customize their pricing strategies according to their specific needs. Key capabilities: data analysis competitor tracking dynamic pricing customizable pricing strategies real-time analytics Best for: retailers and e-commerce businesses that need effective pricing strategies to boost sales and remain competitive in the market.
Smartpricing Details
Smartpricing's In-App Market Place
Does Smartpricing have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
EUR (€), USD ($), GBP (£)
Pros & Cons
- The customer support is excellent and helps even more to use the tool at maximum
- Really intelligent revenue management system with an easy integration
- It uses real-time market data to optimize our rates
- The service currently relies on a mobile website for on-the-go access.
- The algorithm must be trained at least once a week.
Smartpricing's Support Options
Email Address
support@competera.comSmartpricing's Alternatives
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