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ROI Selling Blog

  • All Posts
  • Assessment Tools
  • B2B Selling
  • Business Case
  • Demand Generation Solutions
  • Market Strategy
  • Marketing
  • Objection Handling
  • Product Management
  • ROI Tools
  • Sales Enablement Solutions
  • Sales Strategy
  • Success Stories
  • TCO Tools
  • Trade Shows
  • Value Calculators
  • Value Pricing
  • Value Proposition
  • Value Selling
May 19, 2015
3 mins

Setting the price for your offering is critical. Price dictates whether or not your offering will succeed or fail in the marketplace. A price that’s too low can cause you to operate in the red or leave profits on the table. However, a price that’s too high could create drag on the sales cycle or make it tough for your salespeople to close deals. Why Common Pricing Strategies Fail When setting price, you’re looking for the optimal price to maximize profitability. That number is not the highest price possible nor is it based solely on what your competition charges, yet I hear many marketers talk about pricing in exactly those terms. Here are the two most common approaches to pricing I see.

May 12, 2015
4 mins

Using a value-based sales approach helps sales teams succeed consistently and more frequently. These four tips from the world of value selling can help move deals through the buying cycle faster and increase close rates.

Apr 28, 2015
2 mins

The other day I caught a reference on an episode of Mad Men to the Four P’s. The episode was set in the early 1970’s, which means Phil Kotler’s game-changing concept of the Four P’s (product, price, placement, and promotion) had just recently been published in his book, Marketing Management: Analysis, Planning, and Control.

Apr 9, 2015
3 mins

Last week we discussed how salespeople can overcome objections related to price. Now we want to address how marketing can support sales’ efforts. For marketers, problems with price typically show up in the following ways: You’re hearing too many requests from the sales team for discounts or price exceptions. Your average selling price is falling below your target price. Here are three things marketing can do to keep pricing from becoming a systemic challenge. 1) Help sales secure budget approval. Salespeople often run into trouble near the end of the buying cycle, when they’re trying to secure budget approval from a finance team. Without a solid business case to justify the cost of investing in your offering, the deal can fall apart.

3 Sales Secrets for Overcoming Objections on Price
Apr 1, 2015
2 mins

Customers and prospects often lean on price as an objection for why they don’t want to do business with you. Some common things you hear from customers might be: We can’t afford it right now. Our budget just got cut. Your competitor is offering a discount. I need my director to sign off on a purchase this size. Overcoming objections like these is a lot easier when you understand how to approach the issue of price. Here are three tips that can help.

Feb 18, 2015
3 mins

Successful marketers and salespeople strive to prove value every day. For example: They prove the value of their offering/solution when they talk with or prepare materials for customers and prospects. They prove the value of their marketing spend internally. They prove value to customers in order to nurture existing relationships and open opportunities for growth within accounts.

Sales and Marketing Lessons from Big Bang Theory
Feb 10, 2015
3 mins

At one time or another, everyone in sales and marketing has shared something in common with the character Sheldon on the Big Bang Theory. Although you might not be a former child prodigy with a genius-level IQ, I’m willing to bet that you’ve created marketing materials or had conversations with customers that sound very similar to this:

Feb 4, 2015
2 mins

In my last guest post I discussed how to make your proposals and quotes pop, but today I’d like to focus on how you can systematically create great content. After all, even the most beautiful and well-designed sales proposals will fall flat on their face if they’re not backed by well-written content. Given the recent Super Bowl, I decided to enlist the help of a handy football analogy to walk you through the following steps.

Man standing in front of key door on concrete wall
Jan 27, 2015
3 mins

People in positions of power often ask tough questions. In our experience, this is certainly true of anyone on the financial team who has the ultimate say over purchasing decisions. Unfortunately, salespeople are rarely invited to the internal budget meeting to discuss a potential purchase. Typically, you work with your stakeholder to prepare a business case, and the stakeholder attends the meeting. That’s why it’s crucial that you prepare your stakeholder to anticipate the kinds of tough questions that decision makers usually ask about benefit dimensions in a standard business case.

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