Remove price-is-meaningless-until-you-establish-business-value
article thumbnail

Price Is Meaningless Until You Establish Business Value

Partners in Excellence

It started with the normal list price of the service being offered, then there were some other numbers culminating in a “Special Offer” that was 80% off the normal pricing of the offering! I did a quick ROI calculation based on the “list pricing” of the service. Two charts caught my eye. ” I asked.

Price 93
article thumbnail

Are You Confident Enough In Your Value Not To Discount?

Partners in Excellence

Proposals come with a price and then either an automatically applied discount, or hints at a discount. Discounting is a demonstration in our own lack of confidence in the value we create with our solutions! Do we understand that value… and believe it? Do we really deliver on the value we claim?

Price 160
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

Pricing Is Never A Sales Problem

Partners in Excellence

He reported on pricing problems within the sales organization. I can’t recap the conversation, but here are some of the issues we discussed: Pricing is never established by sales It’s usually established by some combination of product management, finance, and sometimes strategy.

Price 98
article thumbnail

Leveraging Deal Size And Sales Cycle

Partners in Excellence

Pipelines filled with garbage are meaningless–none of the analysis we provide will be accurate or helpful. It’s calculated very simply, it’s the average value of those deals. We can look at the average purchase price, if you sell products that are purchased outright. It could be lifetime contract value.

Pipeline 110
article thumbnail

We Don’t Create Value By Discounting It!

Partners in Excellence

Neatly hidden was, “The way we solve this is we need an adjustment to payment terms, can you give us the first X months free?” “Do you feel our solution is still the best solution to help you achieve your goals?” If you do the adjustments we are asking for, we can get this deal done.”

Price 128
article thumbnail

Don’t Get Distracted By What You Sell!

Partners in Excellence

The conversation started with “value.” ” I asked questions about what the customer was trying to do, the results they expected, and the business impact. I think they are using the competition as leverage to get us to reduce the price.” Price never came up again.

Sell 91
article thumbnail

“I won’t pay more than $X!”

Partners in Excellence

” “Have you presented the business case to the procurement folks?” “But have you provided a specific business case to them? . “But have you provided a specific business case to them?” “No, they’re stuck on the huge price difference… the deal is stalled!”

Price 91