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“The Right Commission Plan Will Fix Everything….”

Partners in Excellence

Inevitably, the commission plan becomes part of the discussion. “Dave, if only we get the right commission plan, we will fix all our performance problems! ” Me: “How will fixing the commission plan improve those? Alternatively, will giving them a better commission plan cause them to win more business?”

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Discounts, Expiring Deals, and Urgency: Understanding Human Behavior in Sales

SaaStr

A few things I’ve observed about human behavior, negotiation, and good and bad sales processes in SaaS: Customers that expect a discount really expect a discount. It’s easier to mark up the pricing a bit. The amount of energy it takes to stick to a “no discounts” policy once you pass transactional pricing is … high.

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Don’t Negotiate With Yourself! It’s Not Personal, It’s Business

Eliminate Your Competition

In either case, the salesperson will be advocating for concessions that make it easier to win the customer and have them sign the order. There is no reason to make an offer that is your “walk away – take it or leave it” offer on the first written proposal to the customer. You cannot negotiate with yourself.

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The 4 Best Responses to "I Need a Better Price"

Hubspot

When a buyer and seller don’t align on price, you might guess the sale won’t go through. In the 1970s, researchers studied the effect of seller ability to deviate from list price. They suspected sellers with higher pricing authority would close better deals. Sellers setting a precedent for price concessions. Don’t Cave.

Price 85
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7 Sales Role Play Exercises to Hone Your Negotiation Skills

Hubspot

Like most skills, your ability to negotiate improves with practice. There’s a lot on the line during a negotiation with the buyer. Enter negotiation role play exercises. Once you’ve successfully negotiated in an extreme situation, you’ll be mentally and emotionally prepared for a straightforward one. The prospect.

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The Confounding Logic of Discounting

SaaStr

You’d talked to that customer yourself, they were basically already sold (in your mind, at least), they were gonna buy without a doubt … why the heck did we leave $75k on the table? That’s Maximum Commission, after all. Even worse, they’ll often send the negotiated deal off to Procurement. sent to them.

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What have you learned about negotiation and human behaviour as a salesman?

SaaStr

A few things I’ve observed about human behavior, negotiation, and good and bad sales processes in SaaS: Customers that expect a discount really expect a discount. It’s easier to mark up the pricing a bit. The amount of energy it takes to stick to a “no discounts” policy once you pass transactional pricing is … high.