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Sales Contracts: Elements, Process & Best Practices

Salesforce

” A written sales contract should accurately reflect the verbal agreements made — or else you risk the buyer backing out of the deal or having a very unhappy or potentially litigious client after the deal is done. Sales contracts are vital to completing any business transaction. What you’ll learn What is a sales contract?

Contract 110
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How to build and maintain client trust in your agency

Search Engine Land

Many agencies are built on the backs of referrals; however, trust can be quickly eroded, leading to ongoing problems maintaining growth and building a healthy, self-sustaining business. For example, we’ll hear of other agencies: Locking clients into long contracts with no out clauses. I can trust them with this project.

Trust 130
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The False Choice of Prepaid vs. Monthly Contracts

SaaStr

In scaling the cash-flow side of SaaS, there’s almost nothing more powerful than a nnual contracts combined with prepaid cash. You get all the cash up-front, and your churn almost by definition goes down. At least, once you have enough of a mini-brand to be trusted. It’s just such a huge benefit.

Contract 111
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Can an 8-Person StartUp Sell to a CIO? Yes — If You Understand The Social Contract.

SaaStr

I didn’t expect to sell to a CIO myself in the early days, either. But we ended up selling to several in Year 1. And all three CIOs talked about very early stage start-ups they took risks on, using their SaaS products very early, in some cases serving as the very first customer for some SaaS vendors. True enough.

Contract 101
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Dear SaaStr: When Should a SaaS Company allow Month-to-Month Contracts vs Requiring 12-month Commitments?

SaaStr

Q: Dear SaaStr: When should a SaaS Company allow Month-to-Month contracts vs requiring 12-month commitments? Annual contracts combined with prepaid cash are a huge benefit. You get all the cash up-front (this is how I went cash-flow positive in fact), and your churn almost by definition goes down. Get them whenever possible.

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Five tips for building trust in sales

PandaDoc

How would you define trust? It might surprise you how many sales professionals fail to build trust with their clients — more than 81% , specifically. Such a low level of trust can be explained by sales representatives often being extra pushy and failing to deliver on their promises, which inevitably leads to a bad reputation.

Trust 52
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The Importance of Trust: 3 Steps to Build a Culture of Trust-Based Selling in Your Team

Sales Hacker

Trust is the key to making sales in today’s world. The question, then, is: how do you align your objective with the buyer and build trust? So we have an inherent imbalance in every selling interaction. This risk/reward balance has another name: (you guessed it) trust. The 3 Components of Trust. Risk and Reward.

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