Create Custom Configurations
Creating
custom configurations has long been a tedious task when done manually. Not
anymore if done using this software tool. With just a few clicks, you can
generate the exact configuration as per customer requirements. It comes with a
robust configuration engine that will allow you to create and update a custom
configuration with ease.
Boost Sales Cycle
Is quoting
complex products slowing down your sales cycles? A CPQ tool will allow you to
sell your full catalog of products with ease. You will no longer struggle to
quote complex product configurations. The tool comes with ‘Guided Selling
Feature’ that will help you to identify exact requirements of customers quickly.
CPQ also has built-in approval workflows, which allows you to setup internal
process to approve quotes. The tool ensures that the pre-established criteria
has been met before the quote is sent to the customer.
Increase Revenue Growth
The products that
you quote for your customers can have complimentary products. Manually
searching for these upsells and cross-sells while quoting a product can be time
consuming. CPQ tools simplify this job by automatically suggesting
complimentary items that can go well along with the quote. The complimentary
products suggested are according to individual customer’s buying behavior and
his specific needs. Thus, Configure price quote software provide you the opportunity to personalize your
customer’s buying experience. These relevant recommendations suggested can play
a key role to increase order size and subsequently revenue.
Implement the Right Pricing Strategy
You might be using different pricing strategies
such as competitive pricing, discount pricing, volume pricing etc., in your
business. When quoted manually, there is a high probability that you may apply incorrect
pricing for a specific customer. For instance, you may give overly generous
discounts to a customer which can negatively affect your business. Irrespective
of the size of the product, CPQ is designed to sell the product at the right
price. You can create high quality quotes with correct pricing in minimum
amount of time using this tool.
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