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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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Closing Deals Fast: The Impending Event Close

Sales Coach Dew

The “Impending Event” close will motivate your client to act now. Most salespeople have a few “tried-and-true” approaches to closing a deal, and there’s nothing wrong with having a go-to that you use all the time. If you really want to be a sales champion, you need to understand and master a wide variety of closes.

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What is RGSP? Google’s Randomized Generalized Second-Price ad auctions explained

Search Engine Land

The concept of randomized generalized second-price (RGSP) auctions sent shockwaves through the PPC community after the subject took center stage at the Google antitrust trial. ” “The Google Ads system works best for everybody when the ads we show are relevant and closely match what customers are searching for.”

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Unlocking the Secrets to Outside Sales Success in 2023

Veloxy

The Role of Outside Sales Reps An outside sales representative’s primary responsibilities include generating leads, cultivating relationships, providing product information, and closing sales. Building Strong Customer Relationships Cultivating strong customer relationships is essential for outside sales success. You can learn more here.

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Sales spiff – an easy guide to motivating your teams with examples & ideas

PandaDoc

What is a spiff in sales A spiff in sales means a strategy for motivating teams. They create a sense of urgency, usually leading to a spike in sales activity and closed deals. Usually, a percentage of the sales price or profit margin. Creating spiffs and automating payments is easy when you use PandaDoc.

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The Art of Sales Negotiation: Close More Deals

Highspot

There are certain strategies that many successful salespeople use to move the sales process forward and close more deals. 7 Sales Negotiation Strategies to Close More Deals Sales Negotiating Training Example Sales Negotiating Training Program Work With Sales Enablement to Provide Negotiation Materials and Training What is Sales Negotiation?

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Types Of Sales Closes – The Ultimate List

The 5% Institute

The various types of sales closes play a vital role in the success of any sales professional. The ability to effectively close a sale not only impacts revenue but also helps in building strong customer relationships. Read on to learn the various types of sales closes, and how you can potentially use them in your sales conversations.

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