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?

Negotiate 79

Negotiate Price Territory E-commerce 79

Salesforce

NOVEMBER 12, 2024

Consider things like efficiency, reliability, and competitive pricing. For example, an international fast-food chain that offers a consistent and cost-effective dining experience — whether in Des Moines, Iowa or Tokyo, Japan — is attractive to those looking for food familiarity at a good price.

Transportation 52

Transportation Drivers/motivators Customers Territory 52

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.

Price 52

Price Profit margin Territory E-commerce 52

Hubspot

DECEMBER 8, 2020

Although dog beds have a far smaller price point, dog owners are likely to replace them more often. For example, a search for ‘mountain tent’ reveals strong (and unsurprising) regional interest in Colorado and Idaho. With a lower or higher price point? The mattress company, Casper , added dog beds to their niche offering.

Niche 101

Niche E-commerce Territory Trust 101

SaaStr

AUGUST 25, 2023

They may not even be offered jobs; may be offered short-term transition positions; or be kept on, but with a vague status (“You’re Now Reporting to Idaho”). Because it’s seen as their money, as “extra” compensation on top of the deal price. Often, G&A (finance, legal, etc.)

Negotiate 74

Negotiate Legal Finance Contract 74

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

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. Save time by embedding products, pricing, and rules in a policy-aligned partner portal with approval workflows and discount controls.

Territory 87

Territory E-commerce Profit margin Sales 87

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

FEBRUARY 3, 2025

The data points can include demographics, engagement history, content consumption, and other buying signals (requesting a demo, asking about pricing, or attending an event). Lead scoring A methodology used to rank prospects against a numerical scale representing each lead’s perceived value to the organization.

Objectives and Key Results 52

Objectives and Key Results Pipeline Cross-sell SQL 52

SaaStr

NOVEMBER 12, 2019

I was sitting in high school and I had this idea to build some shareware software, so like any enterpriser in 9th grade, I wrote some code, put it on America Online, CompuServe and Prodigy at the time, and a random stranger from Idaho emailed … Or, sent a check in the mail for $12.95 to my residence in Tallahassee, Florida.

Referrals 80

Referrals Pitch Price Meeting 80

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

MARCH 12, 2024

Increase average deal size This doesn’t necessarily mean increasing the price of your products or services. Adding product bundles or offering several related products or services together at one price can help increase your deal size and, therefore, your sales velocity. Instead, think about upselling or cross-selling.

Territory 64

Territory E-commerce Pipeline Sales 64

Salesforce

DECEMBER 13, 2024

For example, when you discuss the price, stay quiet for a beat. Use this time to ask clarifying questions in an effort to redirect their concerns. Pause for impact: Give your audience time to process information. Pauses give you gravitas and allow your prospect more time to think. Don’t panic or try to fill every silence.

Presentation 52

Presentation Closing Territory E-commerce 52

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. Go after accounts that can feasibly buy what you’re selling. What commonalities do current customers have?

Sell 59

Sell Cross-sell Territory CRM 59

Salesforce

FEBRUARY 29, 2024

Tailored pricing models, scalable solutions that grow with customer needs, or bundled services that offer more value for their money are all options. This ups the value and your chances of closing the deal. ” The solution: Offer flexible, cost-effective options. ” The solution: Help optimize the remaining workforce.

Customers 52

Customers Territory E-commerce Pharmaceutical 52

Salesforce

SEPTEMBER 26, 2024

All their memberships are paid, with prices varying based on your years of experience and where you are in your career (associate vs. executive). Between that and other challenges we face, a sales community just for women provides empowering conversations and support.

Territory 97

Territory Sales E-commerce Networking 97

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

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. When negotiating price, the first rule is simple: make sure you’re speaking with the actual decision maker.

Territory 54

Territory Negotiate E-commerce Objectives and Key Results 54

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.

Commission 52

Commission Territory E-commerce Sales 52

Salesforce

JANUARY 30, 2025

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. For a limited time, we’re offering [PRODUCT OR SERVICE] at a special price just for [GROUP, ROLE, OR INDUSTRY]. I’ll also be happy to answer any questions.

A/B testing 52

A/B testing Territory Prospecting Referrals 52