article thumbnail

The Art of Sales Negotiation: Close More Deals

Highspot

Sales negotiations can be tense and anxiety-ridden. Sales negotiation is a skill that can be learned which is great news, because let’s be honest, not all of us are born sellers. So what’s the secret to building lasting relationships and negotiating the deal? Why is Sales Negotiation Important? You’ll have to read on.

article thumbnail

9 Shrewd Negotiation Tips Proven to Close More Deals

Sales Hacker

Negotiating is one of the most important skills salespeople can develop, yet it’s often overlooked. Which is a real problem… Because after you’ve put effort and resources into researching and creating a solid pitch and proposal, it only makes sense to come to the table prepared to negotiate with the prospect.

Negotiate 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Best Alternative to a Negotiated Agreement (BATNA) Matters for Sales, According to Dropbox's Head of Customer Solutions

Hubspot

Plus, how you can leverage BATNA's key negotiation tactics to ensure your business and your customers are both benefitting from a deal. BATNA stands for Best Alternative to a Negotiated Agreement. When you're negotiating, you need to ask yourself, 'What are the concessions I'm willing to make? What does BATNA stand for?

article thumbnail

The Plain English Guide to Sticky Prices

Hubspot

Consistency is, well, consistent in a lot of fields, and pricing is no exception. Certain goods' and services' prices can be extremely resistant to change — they're prices that stick and are, naturally, referred to as sticky prices. Here's some insight as to why a company might embrace rigid pricing.

Price 73
article thumbnail

What should an entrepreneur look out for when negotiating a term sheet with a VC?

SaaStr

99% of terms and term sheet should be simple and straightforward: price. board construction and seats that are proportionate, roughly, to ownership. The post What should an entrepreneur look out for when negotiating a term sheet with a VC? One simple thing: complexity. pool for stock options and employees.

article thumbnail

Your Product Has to Be Easier to Buy Than to Use

SaaStr

Pressure tactics, exploding discounts, 48-hour trials that end on you, us-vs-them pricing, are all still alive and well. But I’ve come up with just one simple construct today: Your Product Just Has To Be Easier Buy Than It Is To Use. Make pricing < $50,000 at least as simple and transparent as possible. Especially now.

Product 131
article thumbnail

The Deal Desk: Sourcing Internal Expertise to Close Complex Deals

Hubspot

Closing deals involving complex price modeling, a need for extensive product knowledge, varying potential discounts, or any other atypical standards and practices isn't exactly intuitive. In some cases, a deal desk is solely a resource for reviewing factors like pricing and deal structure, but many desks extend beyond that.

Closing 96