Is Your Sales Team Equipped To Configure Complex Products Seamlessly?
To better meet customer-specific and market-specific demands, companies are increasing product variants to meet the needs resulting in product complexity.
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To better meet customer-specific and market-specific demands, companies are increasing product variants to meet the needs resulting in product complexity.
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In our previous CPQ blog series, we spoke about a few key reasons CPQ’s importance is growing globally. And the three key reasons for ‘Why CPQ’ is, when a business is trying to sell ‘Complex Products,’ with ‘Differential and Dynamic Pricing’ and need an ability to generate ‘Quick, Accurate and Personalized Quotes.
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The analysts estimate that Global Configure, Price, Quote (CPQ) Market has the potential to grow from $ 923.74M (2021) to $ 1.95B by 2026 with a Compound Annual Growth Rate (CAGR) 16.09%.
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