4 Ways Advanced Configuration Increases Revenue and Operational Efficiency

Apr 11, 2023 3:13:28 PM | CPQ 4 Ways Advanced Configuration Increases Revenue and Operational Efficiency

Build your business strategy around these expert-identified pillars for your best shot at long-lasting success. It only takes four steps to get going.

All businesses today are facing the same question: how can we do more with less? What more can be done to increase sales with more limited resources than we’ve had in the past?

There is no silver-bullet solution for this, however, what we’ve seen with Logik.io customers, there are four high-impact approaches enabled by advanced configuration technology that can help you refine, enhance, and invest in to increase your bottom line.

Logik.io is purpose-built and proven to provide notable, sustainable lifts in each of these four areas, bridging gaps between legacy solutions and market expectations to increase your revenue efficiency and operational flexibility without asking you to compromise budget or bandwidth.


1. Supercharge Seller Efficiency with Guided Selling


Logik.io makes it easier for you to sell even the most complex and customized solutions, with our commerce logic engine doing the heavy lifting on your behalf.

With the help of our attribute-based configurator, sales representatives and self-directed buyers can better identify best-fit solutions in a quick and accurate manner. Supported by a lightspeed processing system, the configurator accommodates real-time customizations, modifications, and optioning to get prospective buyers to the finish line fast.

Internal product logic and pricing rules prevent incompatible selections and can suggest add-ons, bundles, discounts, and more to ensure total buyer satisfaction without requiring lengthy back-and-forth with a representative.

Making it as easy and timely as possible for a buyer to make an order through your site is the start to unlocking optimized sales efficiency.

2. Increase Online Revenue by Unlocking Self-Service Product Configuration


Over the past handful of years, buyers have made preferences for low-touch, self-service, online shopping increasingly clear. Businesses should no longer be considering the question of whether to optimize an eCommerce storefront that aligns with those consumerized preferences, but when and how to do so.

Implementing Logik.io allows you to bring intelligent guided selling paths, 3D visual product renderings, and interactive product messages straight to your buyers’ fingertips. Our headless architecture allows you to plug into just about any front-end provider, so you can maintain brand integrity and present new enhancements in familiar ways.

The more information buyers are able to access as needed throughout the shopping experience, the better, as high-confidence buyers are less likely to return or cancel orders and more likely to return to your site for future purchases.

Meeting the consumerized expectations buyers hold for eCommerce experiences rewards you with increased revenue and loyalty through online sales

3. Faster Time-to-Market for New Product Introductions 


In a world where news, food, and consumer goods can be accessed with the tap of a button, you should be considering ways to mark a faster time-to-market for products and updates. 


Having to jump through multiple technical hoops to introduce new products means buyers have more time to find immediately available options elsewhere, taking their wallets to your competitors who were able to innovate faster. 


Logik.io requires fewer steps to get new products added to your catalog, and less custom scripting involvement, allowing you to get the right products in front of the right people at the right time with less lead time.

Keep up with market trends without increasing pressure on the administrators responsible for such updates, and stay competitive as a seller with the fastest time-to-market deployment possible.

4. Cost Savings from IT Admin Reduction


Legacy configurators set a standard for code-heavy, technically nuanced systems that need a dedicated team of specialists to maintain. Low- to no-code options like the commerce logic engine give IT administrators a chance to separate themselves from crushing maintenance requirements and free up bandwidth.

The plug-and-play structure of Logik.io means end users need less training time to become fluent in its usage and can better manage regular updates and administration on their own.

Fewer specialists are needed to keep Logik.io running when compared to other systems, saving your business precious time and resources that can be reallocated to other high-impact projects.

Harnessing the Value of Logik.io


Companies across industries – manufacturing, high tech, software, consumer goods, and more – have adopted Logik.io as the core of their tech stack, seeing widespread net returns from our business value post-implementation.

We put together The Logik.io Value Guide: Making Your Business Case for Logik.io to serve as a one-stop resource on what life with Logik.io could mean for your business’s revenue efficiency and operational flexibility.

With real-world examples of how other businesses have benefitted from our commerce logic engine and a dynamic, data-based ROI calculation model, The Logik.io Value Guide helps you kickstart your own ROI projection and fully understand our methodology.
Download your free copy of the guide from the Logik.io Resource Library at https://learn.logik.io/value-guide
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Blake Grubbs

Written By: Blake Grubbs

Blake has successfully helped several high-growth tech startups build and scale marketing over the past 10 years. Held marketing leadership roles at Seismic, Drift, Alyce, and Simplr, all who successfully doubled and tripled ARR bookings during his tenure. He has a Bachelor's Degree in Business Administration and Management from Boston University's Questrom School of Business.