SaaStr

MAY 8, 2021

Bigger customers usually leave simply because your product doesn’t do enough. An annual contract gives you 365 days or so to fix that. I’ve long been a vocal proponent of annual contracts. Close say a $125k contract, even after a healthy sales commission, that’s $100k+ in the bank right now!

Contract 106

Contract Legal Commission Finance 106

Martech

JANUARY 9, 2024

Know why you want to partner with creators Whether it’s amplifying brand awareness, launching a new product or simply wanting to better understand the organic communities your brand could benefit from, it’s important to have goals in mind. Be prepared for negotiation. Product reviews. Exclusive product launches.

Niche 134

Niche Negotiate Legal Contract 134

Sales Hacker

OCTOBER 11, 2021

To help take some of the pressure off, companies focus on technology investments to help their sales teams increase win rates and accelerate revenue while automating a lot of the tedious, manual processes that prove to be a bottleneck in the sales cycle. 7 sales processes you can automate now. Modernize the proposal and quote process.

Process 87

Process Cross-sell Contract Negotiate 87

Hubspot

OCTOBER 3, 2022

Here, we'll discuss why BATNA is an invaluable part of the selling process. 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. But first — what does BATNA stand for, anyway?

Negotiate 67

Negotiate Customers Contract Non-Profits 67

Sales Hacker

DECEMBER 6, 2019

If you confuse objection handling and negotiating , you could be losing sales. . In this article, we’ll look at what objection handling and negotiating are (and what they aren’t). Then we’ll go in-depth to look at 5 techniques for handling objections and sales negotiation, so you always walk away with a win. Negotiation.

Objection handling 96

Objection handling Negotiate Drivers/motivators Technique 96

PandaDoc

APRIL 8, 2024

Key takeaways One of the primary functions of a deal desk is to bring together decision-makers from sales, legal, financial, and marketing departments to optimize the deal creation and execution process. A deal desk is a team within a company responsible for managing and negotiating deals, contracts, quotes, and other sales documents.

Negotiate 52

Negotiate Cross-sell Contract Legal 52

Highspot

DECEMBER 5, 2023

Explore a range of sales process examples and learn how to align with the customer’s journey for better buyer engagement , relationships, and sales success. What is a Sales Process? Sales Methodology Sales Process Examples Sales Process Mistakes to Avoid Mastering Your Sales Process With Highspot What is a Sales Process?

Process 52

Process Real Estate Objectives and Key Results Negotiate 52

Salesforce

SEPTEMBER 26, 2023

Here’s the hard truth: “You don’t know if they’re ready to buy until they tell you they’re ready to buy, and you can’t believe it until you get a signed contract,” said Richard Harris , sales coach and founder of The Harris Consulting Group. But do they really want to buy, or are they just window shopping?

Contract 119

Contract Negotiate Follow-up Contact 119

SaaStr

APRIL 8, 2020

In the last year we’ve been leveling up a lot of our systems at SaaStr, and as part of that, moving from a lot of self-service and simple products to more robust ones. And one thing I’ve been shocked about is how few sales processes have kept up. You are starting off at NPS 0 if you put your prospects through a painful buying process.

Product 130

Product Contract Construction Negotiate 130

Veloxy

DECEMBER 28, 2023

Download Now: The Big Blue Book of Field Sales Outside Sales Reps — flip to the chapters on outside sales productivity, mastering the art of in-person selling, and how to shorten your sales cycle. This level of personal connection helps to establish trust and rapport, making the sales process smoother and more successful.

Outside Sales 242

Outside Sales Cold Call Represent Objectives and Key Results 242

Search Engine Land

APRIL 19, 2024

Outline expectations during the sales process Setting expectations at the beginning of a client engagement or project is crucial for success. For advertising agencies, the time to set expectations is before the advertiser even becomes a client – during the sales process. That’s neither feasible nor productive for anyone.

Contract 106

Contract Clients CRM Meeting 106

PandaDoc

AUGUST 29, 2022

Closing a deal is definitely the most challenging and demanding part of sales negotiations with the customer. In our context, it means finalizing the negotiation process by setting an agreement. There are two common goals that exist when we speak about the finalizing of the sales process: To make it as fast as possible.

Negotiate 98

Negotiate Contract Objectives and Key Results Legal 98

Martech

FEBRUARY 27, 2024

When an influencer recommends a product or service, their endorsement comes across as a recommendation from a trusted friend rather than a corporate slogan. Up to 81% of consumers report having been influenced — by an influencer, creator, friend or family member on social media — to purchase a product. In your inbox.

Legal 123

Legal Strategic partnership Contract Trust 123

Sales Hacker

FEBRUARY 2, 2021

It represents the culmination of ‘art’ and process, where the enterprise sales process is modified to better reflect the client’s unique and specific needs. SMB Sales vs Enterprise Sales Process. This model is relatively popular for companies dealing with low-cost products associated with low customer acquisition cost.

Niche 96

Niche Closing Process Government 96

Hubspot

DECEMBER 13, 2023

Sales professionals not only convert prospects into buyers, they hold the power to negotiate, upsell, and even problem-solve after the initial purchase is made. You'll provide a brief overview of your product or service and try to gain their interest. You negotiate to find a mutually beneficial agreement that satisfies both parties.

Objection handling 73

Objection handling Negotiate Cross-sell Contract 73

Sales Hacker

FEBRUARY 26, 2019

Or this: “We’re ready to go, but I just need to make little revision to the contract…”. What would you say that could help you win at this point in a negotiation? Excellent salespeople overcome their fear of saying no and use key negotiation phrases that protect margins and still get the deal done. Think about how you’d respond.

Negotiate 88

Negotiate Price Contract Non-Profits 88

Search Engine Land

SEPTEMBER 29, 2023

This could reinforce Google’s argument that it’s preferred for its superior product. Tinter went on to reveal that Microsoft had also tried to pitch Samsung about making Bing the default search engine on its products. “> “> “> “> “> “> Processing…Please wait.

Territory 135

Territory Negotiate Contract Engineering 135

SaaStr

MAY 25, 2020

I recently put out a call on Twitter and LinkedIn on folks’ top tip to take friction out of their sales processes. At the end of the call we’ll walk through the application so you can start trying the product” — Sam Blond, CRO, Brex. In your contracts. “E contract” — Julie Grieve, CEO CritonHQ.

Closing 136

Closing Process Contract Price 136

SaaStr

MARCH 30, 2023

Our commercial negotiators use the pricing insights from our database to then go and negotiate on our client’s behalf. They not only ensure that new contracts have preferable terms like contract length or auto-renewals but they also have the data points to negotiate for a lower price, proving guaranteed time and money savings.

Negotiate 83

Negotiate Contract Price Strategize 83

Martech

JULY 12, 2023

SaaS, which doesn’t depend on physical goods to produce its products, hasn’t had to increase prices due to inflation. This is especially true when you consider all the improvements Salesforce has made to its products. First, if you’re negotiating a deal you may want to move the close date up to lock in the old pricing.

Price 96

Price Negotiate Contract CRM 96

Salesmate

JULY 8, 2020

Sales strategies can be applied at each stage of that process to help turn a qualified lead into money *ahem* a customer. A robust sales pipeline will give you valuable insight into anticipated revenue, cash flow, process bottlenecks, resource gaps, and overallocation. You can partly automate this process with an email drip campaign.

Pipeline 126

Pipeline Negotiate Contract Objectives and Key Results 126

SaaStr

OCTOBER 17, 2022

Your renewal process starts on Day 1 of implementation. This allows you to present a frictionless renewal and expansion process to your customers, rather than handing them back to Sales. Optimize your hiring plan for the fact that your CS team should have some commercial term experience as they’ll be negotiating contracts.

Growth 87

Growth Customers Negotiate Contract 87

Sales Hacker

DECEMBER 20, 2018

To consistently perform, sales leaders need to master the science of sales productivity. What is Sales Productivity? Sales productivity is all about maximizing time spent on the most critical sales rep activities (prospecting, client meetings, networking) and minimizing the resources needed to accomplish them (i.e. Negotiations.

Product 98

Product Tradeshows CRM Appointment 98

SaaStr

DECEMBER 4, 2023

Churn increase due to greater scrutiny of costs Contract values declining More stakeholders involved in decision-making Capchase combined the study with their data set of thousands of SaaS companies and looked at what the best companies do to overcome these hurdles. Lay out the sales process early on. to find out what was going on.

Contract 88

Contract Price Healthcare Commission 88

Veloxy

FEBRUARY 15, 2024

They provide a platform for insights into the sales process and strategies, offering the convenience of learning anytime, anywhere. They offer beginner-friendly content aimed at helping novices understand the sales process and develop their skills.

Gaming 233

Gaming Sell GTM Technique 233

Salesforce

SEPTEMBER 30, 2021

Team members using those systems every day find themselves steeped in administrative tasks or cross-referencing information multiple times, leading to decreased productivity and inferior user experiences. Step 3: Automate the application process. Step 4: Minimize credentialing and contracting constraints.

Healthcare 98

Healthcare Contract Networking Negotiate 98

Martech

NOVEMBER 1, 2021

That’s why a consortium of tech companies, including Google, Salesforce, Slack and Okta, the secure identity platform, have worked together to develop a Minimum Viable Secure Product standard, setting out a vendor-neutral baseline of product security. Why we care. So security is one thing that is not owned by marketing.

Negotiate 107

Negotiate Contract Technology Technology 107

Lead Fuze

JUNE 28, 2023

In this blog post, we will explore the role of sales representatives – from negotiating contracts and identifying leads effectively, to building relationships with potential clients. They conduct business operations, negotiate contracts, identify leads, contact prospects, and close deals.

Negotiate 52

Negotiate Territory Contract Technique 52

Martech

MARCH 21, 2023

Reason 1: You don’t know what you don’t know Unfortunately, this overlap is unintentional and may stem from a product purchased to solve a specific problem at a certain point. To keep up, you must continually read product updates, beta launches and more to learn how your tech stack functionality is expanding.

X-functional 98

X-functional Negotiate Contract Technology 98

Sales Hacker

MARCH 12, 2021

Every sales professional has a unique way of approaching the sales process. But you’ll find that the stages of their sales processes are strikingly similar. Your sales pipeline consists of every stage of the sales process. First, let’s uncover why the sales process actually matters. Why the sales process matters.

Pipeline 89

Pipeline Negotiate Contract Sales 89

Martech

SEPTEMBER 30, 2021

Marketing ops should actively participate in the procurement process when acquiring technology for marketing, but it’s not ideal when they run the show. While many marketing ops professionals are expected to participate in procurement activities, it is not their job to run the process. Let me be clear. Don’t worry.

Negotiate 106

Negotiate Price Legal Contract 106

Hubspot

AUGUST 14, 2023

Salespeople frequently undermine their chance of winning sales when they allow value leaks — instances where your email, proposal, word choice, presentation, or body language diminishes the perceived value of your solution — to creep into their sales processes. An outreach email sets the tone for your entire sales process.

Closing 88

Closing Hospitality Negotiate Price 88

Martech

MAY 17, 2023

Regularly auditing your martech stack must be part of your organization’s process. Retiring martech software requires a thorough planning process and clean execution. Even more challenging than identifying systemic integrations is specifying manual processes that exist outside the tool but are dependent on it.

Contract 101

Contract Healthcare Negotiate Clients 101

The Lost Book of Sales

JANUARY 31, 2024

Customers eagerly explore your product, trying out low-effort tricks, seeking out quick wins and achieving some immediate small results. Sometimes, the more sophisticated users in your client’s account may already be exploring the more unusual or “techy” aspects of your product before getting down to serious work.

Sports 105

Sports Drivers/motivators Clients Contract 105

Hubspot

MARCH 6, 2018

What is a sales process? Sales process” most often refers to a repeatable set of steps your sales team takes with a prospect to move them from early stage to a closed customer. A good sales process helps your reps consistently close deals by giving them a framework to follow. What are the steps of a sales process?

Process 101

Process Objectives and Key Results Sales Negotiate 101

SaaStr

SEPTEMBER 26, 2023

That info could be: high volumes of text like blogs contracts how to respond to a customer images video We’re in the early innings of what it means to generate or have GenAI. This is where a co-pilot approach is beneficial — having a human involved in the process. Shen likes to use the super-human definition of product market fit.

Contract 103

Contract GTM B2B Negotiate 103

Lead Fuze

JUNE 27, 2023

Conclusion Brands and Influencers: A Match Made in Marketing Heaven Online influencers are the new-age celebrities, and brands are leveraging their power to sell products like hotcakes. Another tactic is sponsoring content creators to feature products in their posts. It’s like product placement, but cooler. Sneaky, huh?

Negotiate 52

Negotiate Contract Campaign Contact 52