Switch™ by SPARXiQ

The best first step to improving margins

Do you know the true price sensitivity for each of your unique products? Switch™ helps companies with large catalogs quickly and easily margin gains by correctly pricing non-core items.

Switch™ has integrations into several leading distribution ERP platforms. Click on a platform to learn more.

Small Change, Big Impact

Switch™ by SPARXiQ 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.

Simple.

Switch™ is designed to integrate directly into your ERP system, requiring very little implementation support from your team.

Speedy.

Extracting your data, reviewing recommendations, and fully implementing the changes can be completed in 30 days or less.

Significant.

With minimal investment, you can realize a significant profit gain. Use the calculator below to see exactly how much.

What is Switch™ Worth to Your Company?

Using Switch™, SPARXiQ has helped hundreds of clients reliably gain 1-2% bottom-line profit, or more, on affected revenue. Surprisingly, these significant gains are solely based on making minor adjustments to some of your least-sensitive items.

Move the sliders to uncover your hidden profit potential. These numbers are projections, but are reflective of the results the vast majority of SPARXiQ clients achieve.

$

Uncover True Price Sensitivity

What makes Switch™ so powerful is our 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 includes twelve dimensions of price sensitivity. 

The result? Sensitivity ratings account for the subtle nuances in your transaction data and reflect the true sensitivity of each individual item.

Focus on the Non-Core

Price optimization projects occasionally encounter resistance from customers or the sales team when core items are increased. For this reason, Switch™ only focuses on the non-core items from the product families that are the least sensitive to the customers. 

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 Switch™ targets.

Getting Started with Switch™

Unlocking profit improvement with Switch™ is easier than you think. You can begin adding margin in 30 days or less. The process is simple:

Extract Transaction Data

Extract basic transaction data from your ERP. If you use one of several leading ERP systems, native integrations can automate the extract and make it even simpler.

Switch™ Analysis

SPARXiQ runs its proprietary statistical analysis on your data, evaluating the true price sensitivity of each SKU you sell.

Modify & Approve

Switch™ is not a "black box" pricing solution. Before any adjustments are made, you have the ability to modify and approve them based on your market knowledge.

Import Price Recommendations

Depending on your sales team's pricing methods and your ERP, the margin adjustments are made to the price or cost basis of each item.

SPARXiQ has helped numerous companies uncover significant profit gains by addressing this costly issue.

Don’t miss out on capturing the profits your competitors already have access to. Be the next company to successfully flip the Switch™ on your profitability.

Related Articles & Posts

Want to see how easily your company can boost margins with Switch™? Complete this form to contact us and schedule a demo.