Remove on-pricing-discounting-and-value
article thumbnail

On Pricing, Discounting, and Value

Partners in Excellence

All are premium priced and have the brand image of the most expensive, prestigious brands in the world. They sell low priced products, typically around $1 (Though I have seen products at the outrageous price of $7). They want to be “America’s General Store, offering consumers everyday low prices.”

Price 85
article thumbnail

Dear SaaStr: What’s a Resonable Discount for an Annual Contract? How About a 3 Year Contract?

SaaStr

Dear SaaStr: What’s a Resonable Discount for an Annual Contract? First — you don’t want a true net discount at all. What I mean what you want is a pricing structure that anticipates discounts so the net effect is revenue positive. Any additional multi-year discounts (e.g., How About a 3 Year Contract?

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

Digital commerce gets off to a slow start in Q1

Martech

Average order value dropped slightly while average discount rate stayed the same (18%). Lagging order volumes and increased prices drove these results. Recall that online shopping broke records in Q4, 2023. Digital traffic grew 1% YoY, digital commerce 2%. And while U.S. Caila Schwartz, Salesforce Why we care.

Retail 104
article thumbnail

Google updates Merchant Center product data specifications

Search Engine Land

New loyalty program [loyalty_program] : You can now use the loyalty program [loyalty_program] attribute to set up member prices and loyalty points in the U.S. Google uses this information for features such as sale price suggestions, automated discounts, and dynamic promotions.

Product 125
article thumbnail

Are You Confident Enough In Your Value Not To Discount?

Partners in Excellence

Discounting has reached Pandemic levels. Today, responding to a prospecting call earns a discount. Proposals come with a price and then either an automatically applied discount, or hints at a discount. Something like, “Buy by the end of the month and I can discount 15%!

Price 160
article thumbnail

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.

article thumbnail

4 Powerful Pricing Tactics That Have Nothing to Do With Discounts, According to Yocale's CEO

Hubspot

Strategically framing your prices. It doesn’t matter if you're operating in the luxury market or if your product is as cheap as chips — it’s how you frame those prices that will influence prospects and accelerate your close rate. 4 Powerful Pricing Tactics That Have Nothing to Do With Discounts 1. Let’s take a look.

Price 76