Hubspot

MAY 18, 2023

The ability to negotiate can bring you and your business tremendous advantages. Yet, many salespeople approach negotiations with trepidation. There are only a few occasions where we typically have the ability to negotiate, and they are usually high-stakes such as buying a house or taking a new job.

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Negotiate Price Technique Up-sell 77

Hubspot

MARCH 22, 2022

A lot of time and effort is spent creating them, and this happens through a process called contract negotiation. In this post, learn about the key stages of contract negotiation, strategies for running a smooth negotiation, and scenarios where it makes sense to negotiate your contracts. Contract Negotiation Examples.

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Contract Negotiate Real Estate Manufacturing 85

Spiro Technologies

MAY 19, 2022

Negotiating is an important skill for salespeople. That’s why every salesperson should learn how to negotiate, especially if they’re selling a product that doesn’t have fixed pricing. However, there comes a point in every negotiation when it’s time to throw in the towel.

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Negotiate Gaming Up-sell Price 105

Veloxy

JUNE 15, 2023

Short Summary Outside sales is a process that involves traveling to meet potential customers and build relationships. Defining Outside Sales Outside sales is the process in which sales representatives, or outside sales professionals , travel to meet potential customers face-to-face. You can learn more here.

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Outside Sales Objectives and Key Results Negotiate Territory 264

SaaStr

SEPTEMBER 29, 2022

Dear SaaStr: How Do I Do My Retention Negotiation in an Acquisition? Third, know it may be that negotiating the sticks is both more lucrative on a net basis, and often also easier (because it’s not new/additional money). New options that come from the old pool are sort of a stick-meets-carrot. What are the sticks?

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Negotiate Drivers/motivators Closing Price 102

Sales Hacker

SEPTEMBER 11, 2019

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.

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Negotiate Closing Objectives and Key Results Objection handling 111

Hubspot

JULY 1, 2020

Negotiations come in various shapes, sizes, and scales. The term can cover everything from haggling at a flea market to hashing out a fair price for a new car to finding common ground for billion-dollar deals. Do everything you can to help yourself anticipate how your prospect is going to negotiate. Do your research.

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Negotiate Objectives and Key Results Angle Price 92

Women Sales Pros

MAY 17, 2019

By the time two parties to a negotiation are sitting across the table from each other, the negotiation may already be over. Ask questions before it’s time to negotiate. If you wait until the negotiation begins, you’re going to get answers that are intentionally limited. During the negotiation, people withhold information.

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Negotiate Contract Price Start-ups 131

SaaStr

DECEMBER 3, 2021

How long does it take to negotiate a term sheet? Who should open the negotiation on valuation – VC or entrepreneur? What are the top tips for entrepreneurs preparing for a term sheet negotiation? There really aren’t many variables these days, really just price and how much you raising/selling. What is your ask?

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Negotiate Cross-sell Price Legal 93

SaaStr

MAY 12, 2024

For our First Big Customer, we’d been negotiating a $6m/year contract for quite some time (they always take time). We finally had the “all hands” meeting with all the C-level and VP execs involved. The effective price would have to be 60% of what we’d been discussing for the past 8 months. I had no experience doing any of this.

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Contract Finance Negotiate Price 86

The 5% Institute

MAY 1, 2020

If you’re in sales, you’ll eventually come across a gridlock situation – this is where negotiation tactics can play a hand and create a win, win situation. Using negotiation tactics can help you get to your ideal outcome, and also help your client walk away from the deal as a winner. 10 x Negotiation Tactics To Close More Sales.

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Negotiate Closing Objectives and Key Results Presentation 98

Hubspot

OCTOBER 3, 2022

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?

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Negotiate Customers Contract Non-Profits 66

RAIN Group

JANUARY 30, 2019

One of the biggest mistakes sellers make in a sales negotiation is letting buyers take control of the negotiation, leaving you to play defense. In our white paper, 6 Essential Rules of Sales Negotiation , Rule #3 is: Lead the Negotiation. If you want to come to a great agreement (and you do), you need to lead the process.

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Negotiate Sales Price Meeting 79

Gong.io

JANUARY 25, 2022

The Gong Revenue Intelligence platform captures millions of customer data points (anonymized, of course) from phone calls to web conference meetings to emails. The goal: Moving a deal through the sales funnel — cold call to booked meeting and meeting to negotiation and proposal & pricing conversation to a new logo.

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SaaStr

JULY 23, 2019

It shouldn’t take more than a week, or even just a few days, to negotiate a term sheet, once a VC decides they want to do a deal. There really aren’t many variables these days, really just price and how much you raising / selling. I just want to know if I can do it, if I can meet the ask. What is your ask? I just want to know.

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Negotiate Cross-sell Price Legal 79

Gong.io

DECEMBER 27, 2021

Like the deadly simple negotiation mistake preventing you from winning deals. . Tip #1: Never negotiate over email. Negotiating is one of the most important skills in sales. . Case in point: negotiating over email. . We analyzed 37,671 sales opportunities, specifically looking at how emailing price impacted deal success.

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Negotiate Price Contract Up-sell 127

Hubspot

JANUARY 26, 2021

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.

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Price Contract Construction Promote 73

Partners in Excellence

APRIL 13, 2014

Sales people seem to be obsessed with negotiation. They read books, they take all sorts of classes, they strategize “negotiation” sessions. Oddly, when I push on the negotiation issue, most negotiations that sales people focus on is about price. The only way to choose is price.

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Hubspot

SEPTEMBER 17, 2018

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.

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Price Negotiate Commission Strategize 84

Iannarino

JANUARY 9, 2022

If you are not asking for a meeting in a medium where you can hear your client's voice, what you are doing is not prospecting. Failing to Negotiate: You don't always get to decide when and what you negotiate. You are better off negotiating with the client as soon as the negotiation begins.

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Negotiate Intrinsic Clients Sales 161

Iannarino

JULY 29, 2021

There is never a reason to fear calling a stranger, especially since every won deal starts by meeting a stranger. The reason is simple and straightforward: if the person who answers your call agrees to a meeting, you no longer need a sequence. Much of the advice they offer validates and even spreads a fear of sales interactions.

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Cold Call Referrals Clients Appointment 354

Partners in Excellence

MARCH 26, 2024

Eventually, I was invited into customer meetings to answer questions, and occasionally, I presented the pricing models and assisted in negotiating pricing and deal structures. My responsibilities included building profitability models for large, multi-million deals. Initially, I provided the models to sales teams.

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Sell Cross-sell Finance B2C 115

Hubspot

AUGUST 14, 2023

Value leaks undermine a buyer’s confidence in your solution, reducing your likelihood of closing — and even if you do win, you’ll have a harder time charging full price. You reference price or "low costs" in your outreach email. You can‘t come out of the gate hobbling — so don’t lead by referring to your price or “low costs”.

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Closing Hospitality Negotiate Price 87

Sales Hacker

NOVEMBER 5, 2020

When that happens, the first thing to move is price (AKA, your commission). Desperation shows in how quickly you want to move the deal along, how flexible you are on the price, and, most of all, it shows in your tone. If they’re formal, meet them where they are. Did they mention price? Assumptions. Hold your own.

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Meeting Closing Commission Pipeline 99

Closer's Coffee

JULY 18, 2019

“Let us never negotiate out of fear. But let us never fear to negotiate”. One of the things I have discovered during this portion of my life is that teaching kids how to advocate and negotiate for themselves is a key life lesson. It’s a given that if you are a parent you must learn to negotiate.

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Negotiate Drivers/motivators Sales Technique 58

PandaDoc

APRIL 8, 2024

A deal desk is a team within a company responsible for managing and negotiating deals, contracts, quotes, and other sales documents. Manage non-standard deals There are deals that require more handling or negotiating than usual. Try now Automating communication and negotiation using digital tools.

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Negotiate Cross-sell Contract Legal 52

Gong.io

FEBRUARY 23, 2023

In 2022, sales reps had a fewer number of active deals they were working, while the average number of meetings/calls per deal had also decreased. Virtual sales meetings and calls were 15% longer on average in 2022 when compared to 2020 , signaling that the perceived value for buyers is worth their time to make the right decision.

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Closing Price Finance Negotiate 121

Salesforce

SEPTEMBER 26, 2023

These signals take many forms — verbal commitments in sales calls, emailed questions about product features, or smiles and nods during negotiation — and can surface at any point in the sales process. You can lean into prospect need or interest, speeding up the sales cycle by cutting out long negotiations, and close quickly.

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Contract Negotiate Follow-up Contact 119

Partners in Excellence

OCTOBER 5, 2015

Bill walked into the meeting well prepared. After pleasantries were exchanged, the customer said, “I just can’t justify your price to my management team. You need to hit this price target.” He probed a little more, he asked, “Why do you feel the price needs to be at that level?

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Price Finance Negotiate Contract 93

Salesmate

JULY 8, 2020

The amount of time it takes to turn a lead into a customer will depend on the service you are offering, and the price of that service. Meeting Prospects. Meeting prospects is an important step on the path to a conversion. Some people like to meet face-to-face. Make sure you have an agenda in place for the meeting.

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Pipeline Negotiate Contract Objectives and Key Results 126

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. In this post, I‘ll guide you through the different types of sales calls and the purpose they serve to meet your customers’ needs. Any non-negotiables we should be aware of?” “Can

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Objection handling Negotiate Cross-sell Contract 72

KO Advantage Group

JUNE 6, 2018

If there’s one question we often expect from our clients to come up but we almost always never have a response prepared, it would be any question pertaining to price discounts. We know in one way or another this will come up during the negotiation process and yet we’re still unsure how to respond to it. Can you do it for 10% less?”.

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Price Negotiate Clients Closing 54

Martech

SEPTEMBER 30, 2021

During the negotiation phase, things can get tense. While they are legally and ethically obligated to deliver the work contractually agreed to, they don’t have to do extra nice things like overlooking when a client has an overage of a pricing factor. So, perhaps marketers should rethink that aggressive push for cutthroat pricing.

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Negotiate Price Legal Contract 111

Salesforce

JANUARY 8, 2024

Drafting a sales contract Considerations and customization Negotiation and review process Execution and implementation Best practices and legal considerations Speed up the sales cycle from quote to close Go from lead to inked deal in record time with automation that speeds up quoting, approvals, and contracting.

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Contract Process Legal Real Estate 110

Gong.io

DECEMBER 14, 2021

When it comes to cold email outreach, it turns out longer emails are significantly more effective in booking a meeting: Wait. That’s a classic “interest CTA” … one that should be used in cold emails -— instead of a “specific CTA” (“Are you available to meet on Tuesday at 4 PM PT?”) Concise is more about length AND meaning.

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Gaming Negotiate Price Sales 62

Sales Hacker

JANUARY 12, 2023

Popcorn pricing”. Quad-Tap to meet people where they’re at. Here’s where the absolute GOLD in this practice is found: You want someone who wasn’t part of your sales conversations to be able to digest your materials quickly, and then be able to articulate it to others during an internal meeting. Quad-Tap”. Lean into tense topics.

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Negotiate Price Sales Up-sell 96

SaaStr

APRIL 17, 2024

Or, maybe they missed a couple of quarters in a row, and stock prices are threatened, so they make a move. In general, your valuation is a hard floor on a good acquisition price. You want all negotiations done that you care about before you sign the Letter of Intent. Don’t give it all up in the first meeting.

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Sell Negotiate Up-sell Price 63