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Why Discounting Your Price is a Bad Idea

The Sales Hunter

The customer is not refusing your price because it’s too high. The real reason you had to cut your price is because you failed to match the value you offer to the outcome the customer was desiring. They’re refusing it because the value is too low. I just bought a new suitcase and I paid […].

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The Impact of Price Discounting on Gross Margin

The Advantexe Advisor

One of the “levers” that companies are pulling right now as part of their “what-if analysis” and planning for Q1 and beyond is price discounting. The primary motivation for taking price discounts is to drive revenue to meet top-line (P&L) commitments.

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Gross Sales vs. Net Sales: Understanding Key Differences

Salesforce

Not everyone is a born financial analyst, so don’t feel bad if you’re not entirely sure — you’re in good company. Even if you’re crushing your sales quotas , you need to have a deeper understanding of how your sales are trending to adapt strategies and keep an edge over the competition.

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PODCAST 152: A Framework for Bringing Ethics into Sales with Sara Archer

Sales Hacker

Get out of the dollar bin… or… Why discounts aren’t your friends [13:53]. Now for some other great sales ideas in my conversation with Sara Archer. Sam Jacobs: Your original background is in neuroscience, is that right? Sam Jacobs: Your original background is in neuroscience, is that right?

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The One Word to Avoid in Your Next Sales Pitch

Gong.io

We even apologize for our product/service and pricing! That’s a whole lotta’ “my bad’s.”. After scratching my head (a lot) and following another in-depth analysis, we found out why. PS: Avoid heartbreak with our data-backed Pricing Conversation Cheat Sheet ). Forgive me! . Salespeople apologize All.

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7 Ways to Boost Ecommerce Retention in 2022

ConversionXL

Returning customers ensure your bucket is always partly full, keeping business healthy and your brand strong. Table of contents What is ecommerce customer retention (and why does it matter)? Understand your customers’ needs and expectations 2. Build trust by meeting your customers where they are 4.

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Customer segmentation 101: Everything you need to know

Salesmate

In fact, it’s well on the way to overtake price and product as the main brand differentiator. Here’s why: they don’t want to spend money with businesses that don’t provide the experience they expect, let alone with those treating them badly. Word of mouth can become your secret weapon. What is customer segmentation?

Customers 101