The 5% Institute

JULY 13, 2023

Setting the right price for your products or services is a crucial aspect of any business strategy. Finding the balance between attracting customers and maximizing profits can be challenging, but with a strategic approach, you can unlock the secrets to pricing effectively. Research their offerings, positioning, and pricing models.

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Martech

DECEMBER 17, 2021

Good morning, Marketers, pricing is also messaging. I was interviewing an expert in dynamic pricing when I first learned about this. Although pricing sounds like a more sales-driven strategy, it can also be part of that blend of positive impressions that marketers communicate to their customers. Chris Wood, Editor.

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The 5% Institute

AUGUST 26, 2021

In this guide, you’ll learn exactly how to sell high priced products, by using a proven step by step formula we teach Sales Professionals and Business Owners around the world. Read on to learn exactly how to sell high priced products, and how you can implement it into your sales strategy. What Are High Priced Products?

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Gong.io

FEBRUARY 23, 2023

The second is closing deals in less time. But as a result of growing complexity internally at organizations and external market factors, deals are taking longer to close. Beyond your responsiveness, your ability to drive next steps during sales calls will also move your deals to close faster. The first is increasing conversion.

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Closing Price Finance Negotiate 121

Hubspot

MARCH 18, 2024

Strategically framing your prices. It doesn’t matter if you're operating in the luxury market or if your product is as cheap as chips — it’s how you frame those prices that will influence prospects and accelerate your close rate. 4 Powerful Pricing Tactics That Have Nothing to Do With Discounts 1. Let’s take a look.

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Spiro Technologies

JULY 14, 2022

The one conversation that makes most salespeople nervous, however, is the one about price. This nervousness usually stems from a belief that discussing price is an inflection point where the deal could go south, leaving them deal-less, quota-less, and, at least according to their lizard-brain, out on the street.

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The 5% Institute

NOVEMBER 10, 2021

In this article, you’ll learn how to respond to the “Just give me a price” statement in a way that’s not pushy and won’t position you just as another commodity. This article is designed to help you if you’re in a service based business , and not purely a retail environment where you may sell products at a fixed price.

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Price Retail Entertainment Clients 144

SaaStr

MARCH 29, 2024

So this CEO really wanted to buy a startup at around $10m ARR, that actually wasn’t remotely close to #1 in the space, and wasn’t growing anymore. It might be worth close to nothing based on a DCD analysis. The post Can You Still Get Acquired for a Decent Price if Growth Has Slowed or Even Stopped? No VCs at all.

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The 5% Institute

APRIL 13, 2021

A famous example of an ‘old-school sales closing’ method , is something in the sales world known as a puppy dog close. So; what is a puppy dog close, and how do you use it? And does the puppy dog close still work? What Is The Puppy Dog Close? This is why it’s called a puppy dog close. Very unlikely.

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Closing Technique Price Service 141

SaaStr

JUNE 10, 2023

If you do raise prices, how about also adding more value than price increase? 2023 has become the year of not just the aggressive price increase, but the threatening renewal conversation. 2023 has become the year of not just the aggressive price increase, but the threatening renewal conversation. At least, feel better.

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The 5% Institute

APRIL 29, 2021

If you’re involved in B2B sales , high ticket B2C sales, or consultative selling; one of the key sales skills you’ll need to learn is how to negotiate price effectively. Discussing price and money is an important part of the sales process , and one that you do need to handle quite carefully. How To Negotiate Price Effectively.

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Understanding the Sales Force

NOVEMBER 15, 2021

Television - you can watch plenty of free broadcast TV and your local channel's streaming content, but we have five AppleTVs, and between Netflix, Amazon Prime, Hulu, Apple TV plus, and others, we pay close to $75/month for various streaming services. When prospects tell you that they're going with the lowest price, it's total crap.

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Sales Coach Dew

JANUARY 30, 2023

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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Closing Real Estate Technique Drivers/motivators 52

The Sales Hunter

OCTOBER 20, 2015

We all want to close deals faster. Too many times the way salespeople close a deal faster is by cutting the price, thinking a lower price will create a faster decision. Here are 10 things you can do right now to close deals faster, and not one of them involves changing your price: 1. […].

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The 5% Institute

APRIL 13, 2021

The takeaway close is an effective sales closing technique you should add to your list of sales closing questions , because it works so well! So; what is the takeaway close, and how do you use it correctly? What Is The Takeaway Close? Why Does The Takeaway Close Work So Well? How To Use The Takeaway Close.

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The 5% Institute

NOVEMBER 23, 2020

The alternate choice close is a popular sales closing technique , because put simply – when used correctly it works! It doesn’t matter if you’re working in retail selling low to medium priced products or selling high ticket consulting services ; the alternate choice close when learnt correctly can do you and your sales wonders.

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Highspot

JANUARY 29, 2024

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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Spiro Technologies

JULY 21, 2022

While there isn’t a one-size-fits all prescription to get the deal over the finish line, there are some things you can do to ensure you have the best chance of getting to a closed deal. Talking about price? Tie the price to the benefits. Avoid talking past the close. Do your research. Talking about the competition?

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Closing Prospecting Commission Pitch 105

Salesmate

MAY 22, 2020

You’ll hardly meet a sales rep who has never faced the “price objection”. Do you remember the times when you thought of not purchasing a product due to its high price? Price objection is like a poison that can kill your sales. Examples to handle the price objection in sales? Sorry, the price is too high”.

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Price Profit margin Objection handling Follow-up 124

PandaDoc

SEPTEMBER 28, 2022

A wide variety of possible price negotiation strategies exist but all of them have a common baseline. In this article, we’ll help you find answers to the most important questions that all business owners and salespeople should have in their arsenal when negotiating prices with their customers. Don’t focus on the price either.

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Salesforce

FEBRUARY 7, 2024

Figuring out the right way to price your products can be tricky. Whether you’re selling software or designer handbags, your pricing strategy has a big impact on your sales success. There are a lot of ways to go about it, but if you’re looking for simplicity, cost-plus pricing might be a good bet.

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Price Profit margin Manufacturing Retail 52

The 5% Institute

JULY 26, 2021

Learning exactly how to close real estate deals, can make the difference between remaining a mediocre Real Estate Agent or Realtor, or reaching the top 5% of your industry. So; what’s the process to learn how to close real estate deals? So; what’s the process to learn how to close real estate deals? Prospecting. Cross selling.

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SaaStr

AUGUST 26, 2022

Fenwick, one of the bigger Silicon Valley / tech law firms put out its quarterly report on the venture market , sourced from 194 deals that actually closed in Q2’22, and I found the way the data was presented super helpful given all the drama in the venture markets, on twitter, etc. Just 5% of the deals Fenwick closed were down rounds.

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Martech

AUGUST 10, 2022

Online prices were down 2% in July compared to June and 1% compared to last year, according to the Adobe Digital Price Index. This is the first decrease since January 2020, just before the pandemic and follows three consecutive months of slowing price increases. It is also the category’s third straight month of price decreases.

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Price E-commerce Retail Growth 93

Partners in Excellence

MARCH 31, 2021

All are premium priced and have the brand image of the most expensive, prestigious brands in the world. They sell low priced products, typically around $1 (Though I have seen products at the outrageous price of $7). They want to be “America’s General Store, offering consumers everyday low prices.”

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Price X-functional Retail Promote 85

Spiro Technologies

MAY 13, 2021

Of all the objections salespeople come across, the price objection is the most likely to stop them dead in their tracks. But the price objection shouldn’t be scary or uncomfortable. But the price objection shouldn’t be scary or uncomfortable. If the prospect objects to the price, don’t respond right away.

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Price Negotiate Prospecting Follow-up 98

SaaStr

DECEMBER 14, 2020

If you already have a few bigger deals under your belt, but most are smaller … a few higher-level suggestions: Hire a Very Good VP of Sales that has sold at your “high end” price point. Eventually, you’ll figure out how to get better at closing “all the seats”, all the revenue, up front. But you can’t close a $1m deal in 30 days.

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Hubspot

MAY 16, 2022

As of March 31, 2022, inflation in the United States stands at 8.54% — the worst it has been in close to 40 years. Obviously, that figure has massive implications for businesses of all sizes, and several business owners are faced with a question that's every bit as uncomfortable as it is pressing: What do we do about our prices?

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The 5% Institute

JULY 21, 2023

Addressing Price Concerns Price objections are common but can be challenging to handle. Instead of immediately lowering prices, focus on the value of what you’re offering. Turning Objections into Closing Opportunities Use objections as opportunities to engage in a meaningful dialogue. Want To Close Sales Easier?

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The 5% Institute

JUNE 27, 2023

Whether it’s concerns about price, features, or financing options, overcoming these objections is crucial for closing the deal successfully. Addressing Price Concerns Price objections are among the most common challenges faced by car sales professionals. Want To Close Sales Easier?

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Closing Finance Negotiate Technique 52

PandaDoc

AUGUST 18, 2022

Sales battle cards are short and simple educational flashcards designed to get prospects into your marketing funnel and help your sales team close more deals. These sales tools serve as visual aids that compare your company’s service, product, pricing, and features (among other things) to your competitors. To close deals.

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SaaStr

OCTOBER 25, 2021

Q: What billing or pricing tactic have you found in the end just wasn’t worth it? Usually they are a sign of a weak VP of Sales (who can’t close), or founders just trying everything possible (which isn’t all bad). I’ve seen a few exceptions, and personally closed Google after a year-long unpaid pilot.

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The 5% Institute

AUGUST 9, 2021

Closing sales training is crucial for not only new Sales Professionals, but also for seasoned Sales Pro’s and Business Owners who want to refresh their sales process , and even learn new skills and ideas. The various aspects of closing sales training, to ensure you’re successful in your field. How to position yourself as a specialist.

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TrackStreet

JULY 20, 2023

Best Practices for Amazon Marketplace Pricing Selling on Amazon.com? Whatever pricing strategies you use for your other channels, even if they’re successful, you’ll still want to create a standalone, well-thought-out approach to how you price your products on Amazon. There are two reasons for this.

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Hubspot

MAY 24, 2023

A closing call is like the finish line of a marathon. As a salesperson, you’ve invested a lot of time in your prospect by the time a closing call rolls around. The closing call is all about controlling the controllable. In this article: What is a closing call? Why is the closing call so important?

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Sales Coach Dew

MARCH 29, 2021

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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The Sales Hunter

SEPTEMBER 5, 2014

Recently I did a free webinar with Anthony Iannarino on closing more sales now and understanding the price value relationship. Blog Closing a Sale pricing Professional Selling Skills Prospecting close closing price profit prospect prospecting' Anthony and I are doing a Part 2 on Sept.

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