Salesforce

MARCH 6, 2024

There’s no better feeling than closing a deal after a tough price negotiation. In this article, we’ll show you how to perfect that skill — complete with 12 price negotiation tactics used by reps across industries. What you’ll learn: What is price negotiation? Why are price negotiations important?

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Negotiate Price Territory E-commerce 90

Salesforce

OCTOBER 25, 2024

Like hiring a limo driver, the longer you go, the more expensive it gets — especially because vendors are positioned to take advantage of the high barriers to exit and may hike their prices accordingly. Similar to white glove commission expensing, vendors are incentivized to continually increase their prices. Back to top) 3.

Commission 52

Commission Territory Transportation Contract 52

Salesforce

OCTOBER 8, 2024

But as sales take off, use your CRM to see trends in when and where your customers are spending. For example, each of your channels needs a pricing strategy. By using revenue management software, you can leverage data and analytics to plan, set, and optimize the pricing across sales channels.

Territory 93

Territory E-commerce Profit margin Sales 93

Salesforce

MARCH 12, 2024

One of the easiest ways to keep tabs on your competitors is to watch their prices. Making regular price adjustments to match or undercut similar offerings in the same market is a common tactic used by companies of all types and sizes. It’s called competition based pricing. But this is not just about getting ahead.

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Price Profit margin Territory E-commerce 52

Salesforce

OCTOBER 16, 2024

After extracting information like pricing or competitor mentions from a sales team’s voice (written) or video sources (video calls), conversation intelligence supplies insights like meeting summaries or trend identification. Then, it provides them with insights to help drive sales growth.

Conversion 59

Conversion Customers Territory CRM 59

Salesforce

MARCH 12, 2024

If you’re using a CRM like Salesforce, these metrics are tracked automatically and are readily available. Increase average deal size This doesn’t necessarily mean increasing the price of your products or services. Want to take the #1 CRM for a test drive? Instead, think about upselling or cross-selling.

Territory 64

Territory Pipeline E-commerce Sales 64

Salesforce

MARCH 11, 2024

Even better: Find the accounts that can afford to — and will likely — pay top dollar for products with high price tags or products with subscriptions that will pay out for a long time. Take a look at CRM data to see the problems and pain points your customers share. You can also organize contacts and track outreach using your CRM.

Sell 59

Sell Cross-sell Territory CRM 59

Salesforce

MARCH 7, 2024

When the customer is ready to upgrade: If technology or best practices have changed since the original purchase, you may need to renegotiate pricing and scope. If market conditions or laws/regulations change: You may need to make some changes to keep pricing fair and ensure the contract is still legal.

Contract 59

Contract Negotiate Objectives and Key Results Legal 59

Salesforce

DECEMBER 13, 2024

Some customer relationship management (CRM) tools use generative AI to help sales teams personalize their content. For example, when you discuss the price, stay quiet for a beat. Want to take the #1 CRM for a test drive? Hands-on research with time-saving AI can be a winning combination. Take the free tour

Presentation 52

Presentation Closing Territory E-commerce 52

Salesforce

MARCH 3, 2025

That’s what it’s like when sales reps manage approvals, pricing, and legal terms piecemeal, chasing down stakeholders for every deal. Professional services firms , like consultants and legal practices, use Deal Desks to define service scope, pricing, and client expectations for major engagements.

Legal 59

Legal Contract Finance Non-Profits 59

Salesforce

FEBRUARY 17, 2025

By tailoring these simulations to real deals and grounding feedback in CRM data, sales teams receive insights into how to actually improve performance. Negotiate price with decision-makers If you want to increase sales, you need to get better at closing and that starts with strong negotiation skills.

Territory 57

Territory Negotiate E-commerce Objectives and Key Results 57

Salesforce

SEPTEMBER 9, 2024

Are supported or assisted changes to my account set up included in the standard pricing package or is that something I’d have to pay extra for? Also be mindful of the pricing model, which may restrict how many plans or rules you can create, or the amount of data you can process. It’s also important to be mindful of bloated imports.

Commission 52

Commission Territory E-commerce Sales 52

Salesforce

JANUARY 30, 2025

Get an assist from AI: Using data from your CRM platform, generative AI can help you draft personalized, contextually relevant emails. Subject: Quick call to align on pricing what’s your availability, [FIRST NAME]? Let’s jump on a quick call to align pricing with your budget.

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A/B testing Territory Prospecting Referrals 52