Navigating CPQ Project Costs: An Overview for Manufacturers
In today’s highly competitive and fast-paced world, manufacturers all over the globe have turned towards a CPQ or Configure Price Quote strategy. It enables companies to configure products, optimize pricing calculations, and accelerate quoting, all in a user-friendly online environment. While CPQ software helps companies grow, it also comes with a price tag that demands careful consideration. In this article, we are dissecting the various costs associated with CPQ projects. By understanding these costs, you’ll be able to make a more informed decision about leveraging CPQ to help your business grow.
A comprehensive comparison: Online vs. offline product configurators
More than ever, manufacturers are relying on product configurators to customize their complex product offerings. However, the choice between an online and an offline product configurator can significantly impact the operations. Whether for habitual or company-specific reasons, the debate between online and offline software continues to be a hot topic. Let’s take a look at what the differences are and how to make an informed choice for your business case.
Economic Uncertainty? The Value of Investing in CPQ During Times of Crisis
In times of economic uncertainty, manufacturing enterprises are often challenged with reluctance to making business investments. Economic crises tend to trigger cost-cutting measures and cautious spending. However, Configure Price Quote (CPQ) solutions can be considered as an exception, since it forms an essential tool to support sales and provide potential benefits. Let’s take a look at why investing in CPQ in times of crisis is so crucial.
How to make a business case for CPQ
In 2016, I founded Hive CPQ to help ambitious manufacturers accelerate their sales. One of the main reasons I wanted to create Configure Price Quote software is because CPQ is the kind of software that has a great impact on a company. If implemented correctly, it becomes a key strategy and efficiency ingredient. Today I’m sharing my insights on how to make a business case for CPQ. Let’s dive right in!
CPQ implementation made easy: Meet our expert Hive CPQ team
CPQ or Configure Price Quote simplifies quoting for manufacturers of complex products. It is a powerful sales tool, but it only reaches it full potential when it’s implemented correctly. CPQ implementation is often really challenging. We have a team of CPQ specialists ready to help you every step of the way.
Demonstrate the feasibility of CPQ with a Proof Of Concept
Since the beginning of Hive, we have started nearly all our Configure Price Quote projects with a Proof of Concept, which we have called a Seeing Is Believing or SIB. What exactly does our Seeing Is Believing entail? What are the advantages of this approach and which results can you expect on which time frame?
CPQ vs ecommerce: Exploring the differences and complementarity
In today’s rapidly changing economy, companies are always on the lookout for ways to improve their sales processes. In recent years, Configure Price Quote software and ecommerce have proven to be useful tools for these companies to sell their products and services in an easy way. While the two approaches might seem similar at first, there are some key differences that are important to consider. Let’s take a look at these two online solutions, their similarities and differences, and how they can complement each other to help businesses grow.
Recap of the new features on Hive CPQ in 2022
Another year has gone by! While we’re settling into the new year, we’re taking one final look back on 2022 today. How did our Configure Price Quote solution change in the past year? What new features did we implement to improve our solution? Let’s take a look at how our product evolved in 2022.
Tips for a successful CPQ rollout
CPQ or Configure Price Quote software helps companies with complex products to simplify and accelerate their sales process. It is a highly beneficial solution, so the implementation of a CPQ is a very exciting, yet also incredibly challenging process. In this month’s article, we have collected our best tips and tricks on how to create a smooth implementation process for your CPQ.
The importance of UX design in a digitalized sales process
UX design, or User Experience Design, entails any interaction a user has with a product or service and describes their emotions, from frustration to satisfaction. It plays a pivotal role in design decisions and providing positive customer experiences. But could UX design also be interesting to help drive sales? And how would that exactly work? Let’s find out.
NEW: The Hive Experience Configurator
Welcome to the future of lead generation. We are launching the Hive Experience Configurator, a new way of generating qualified leads with active purchase intent straight from your website. Align your marketing and sales processes with the actions performed by your prospects on your configurator to increase conversion and closing rates. Use our experience configurator to sell more (efficiently)!
Hive has been nominated for Deloitte’s 2022 Technology Fast 50!
Hive CPQ has been nominated for Deloitte’s Technology Fast 50! The competition awards the fastest-growing technology companies in Belgium based on their percentage of growth in turnover during the last four years. Stay tuned for the final ranking on the 27th of October 2022.