Remove Appointment Remove Negotiate Remove Price Remove Profit margin
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Pricing Erosion: Definition, Causes, and How to Avoid It

TrackStreet

In a competitive industry for a specific type of product or service, businesses often engage in pricing wars that lead to a steady decrease in the value of goods. This devaluation is called Pricing Erosion. Now you’re wondering: Is there more to the definition of Pricing Erosion? What is Pricing Erosion?

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When You Sell On Price, You Lose On Price

Sales Coach Dew

Learn to focus on clients who care about more than price. We don’t want to lose long-term relationships to a competitor who’s undercutting our prices. So, to keep our clients, we always need to win on pricing, right? That means less than a fifth of customers think “the lowest price” is more important than anything else.

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How to Compensate Structure Real Estate Teams Effectively

Lead Fuze

Gotta keep those agents motivated and the profit margins protected. And hey, let’s leave 50% of the profit for the team after covering costs. “Create a fair and performance-based compensation structure for real estate teams, keeping agents motivated and profit margins protected. It’s a win-win.

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Inside Sales vs. Outside Sales: Which Is Best for You?

Sales Hacker

Because the price and commitment are lower, the convenience of the purchase is going to be one of the most important aspects to your customer. You can’t afford to spend big money and time to acquire these customers because the profit margin is already razor-thin. How would you describe your negotiation style?