Does your sales team know the right price for each of your unique products? PriceGPS Lite™ helps companies with large catalogs quickly and easily improve margins by pricing their products correctly.
PriceGPS Lite™ quickly and easily identifies margin opportunities and recommends adjustments on low-sensitivity, high cost-to-serve items. The result? Most companies can recover hundreds of thousands of dollars, or even millions, in annual operating profit.
PriceGPS Lite™ is designed to integrate directly into your ERP system, requiring very little implementation support from your team.
Extracting your data, reviewing recommendations, and fully implementing the changes can be completed in 30 days or less.
With minimal investment, you can realize a significant profit gain. Use the calculator below to see exactly how much.
What makes PriceGPS Lite™ so powerful is its ability to quickly and accurately evaluate each individual item’s true price sensitivity, rather than pricing products as a group. Where many companies focus mostly on volume and velocity of sales, SPARXiQ provides a proprietary statistical evaluation that incorporates twelve key sensitivity factors.
The result? Product-specific pricing that accounts for the subtle nuances in your markets.
Pricing projects can encounter resistance from customers or the sales team when core item prices are increased. For this reason, PriceGPS Lite™ uses a detailed statistical analysis to only focus on items with low price sensitivity.
Because of this careful approach, our clients rarely encounter any resistance from the sales team or customers.
The fact is, many companies can realize significant profit improvement by just addressing the non-core items PriceGPS Lite™ targets.
Wondering what SPARXiQ pricing solutions can do for your company’s bottom line? Use the sliders in this simple Margin Improvement Calculator to find out!
Unlocking profit improvement with PriceGPS Lite™ is easier than you think. The process is simple:
Want to see how easily your company can boost margins with Switch™? Complete this form to contact us and schedule a demo.
Unlock this easy Margin Improvement Calculator to see the impact SPARXiQ pricing analytics can provide for your business.