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The Slippery Slope of Discounting. I start this by saying that you must believe in the price you are offering for your product or service. For sake of argument, let’s say that you do believe in your price, but offering a discount has become commonplace among your sales force. of your sales are happening at a discount.
Sales Motivation: Leverage Your Best Customers. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip. Client Login. Mark Hunter. Client List.
I’ll say this — based on the thousands of salespeople I’ve had the privilege to work with and train, I know without a doubt that if salespeople do these 5 things and do them well, they will have a high probability of achieving success. Related posts: The Myth of Finding More Time to Prospect: Sales Training Tip #412.
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5 Sales Training Tips for Sales Managers AND Salespeople. Whether you’re a rookie salesperson, a veteran salesperson or a sales manager, here are 5 sales training tips you need to take action on: 1. Keeping a journal of this type allows the salesperson to have a personal sales training book of their successes. discounting.
More importantly, they miss the opportunity to close sales without offering a discount. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip.
But this shift towards relationships and away from mere transactions has also revealed one of the fundamental problems in how we think about sales and customerservice. The customerservice team’s priority, on the other hand, is usually to reduce the number of conversations they have every day. The length of calls.
They think about the customer impact at every single level, be it a new marketing tactic, an initiative on the technology side, or training salespeople. Customerservice is part of Nordstrom’s DNA. It is a part of the company culture, and all of the employees know it and are trained in demonstrating it.
Online Training. Tweet Share Starbucks doesn’t discount a cup of coffee. They have loyal customers: People will leave their cars running in the parking lot, people will park three blocks away and walk to get their cup of coffee. See Jeffrey Live! Hire Jeffrey. Who is Jeffrey? Gitomer | February 28, 2011 | 3 Comments. London, ON.
” Related posts: Stop Sacrificing Your Co-Workers: Sales Training Tip #411. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip. Client Login.
Online Training. If you make a big sale and the customer calls for help and gets a grump in accounting or shipping, you lose. Maintain pricing to the best of your ability, even if your competitors discount. Be prepared to tell the customer what you can do, not what you can’t do. Be service ready not just sales ready.
Sales Training System: Do You Have One? Do you have a sales training system you believe in? It never ceases to amaze me how few salespeople have a personal sales training system. For some reason, they either believe sales training is the responsibility of the company they work for or they’re so good they don’t need it.
For example, if a potential sale is about to be derailed because of timing simply offering a discount won’t be helpful. Would giving you a 10% discount on the upgrade help defray that cost for you?”. He has 35 years of manufacturing, international business leadership and customerservice experience. Tell a Story.
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I love to brag about companies that are passionate about giving great service. They know that customerservice is not a department; it’s an attitude. CustomerService: Is Low Price Really Best? Sales Training Tip #345: What is Your Advantage? customerservice. discounting.
I count it a privilege and an honor to share with thousands of salespeople each week through my blog, website, videos, speeches and training programs. Related posts: Sales Training Tip #314: Thankful for the Privilege to Sell. customerservice. discounting. sales training. sales training tip.
Sales Training Tip #262: Thankful for Sales. Sales Training Tip #314: Thankful for the Privilege to Sell. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip.
However, the true power of CPQ lies in proper training. A well-trained sales team can navigate the system effortlessly, configure products accurately, and apply pricing rules without errors. Without the right training, inefficiencies and mistakes can slow down the sales cycle, leading to lost opportunities.
Now ask yourself a MORE IMPORTANT question: “Do all of the customers I don’t sell to — but would like to — do the same thing?” If you close or cut your hours or simply coast during the holidays, what kind of customerservice are you truly providing and how many sales are you truly missing?!
An example I like to use in training programs is comparing two similar items — one being offered on eBay and the other by a store you’ve been buying from for years. Many times I feel this is the difference between full-price and a discount. Related posts: Sales Training Tip #312: How Much Will Customers Pay for Confidence?
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As if offering a discount right up front wasn’t a big enough mistake, the salesperson went on to give the customer an even bigger discount when they were slow to respond with their decision. Did the customer wind up buying? The Slippery Slope of Discounting. customerservice. discounting.
When you contact each of your customers this time, you focus on thanking them for their business and asking them about how your company’s level of customerservice has been. Immediately after you thank them for their comments, ask them for the names of others who would benefit from the same service. customerservice.
Sales Training Tip #349: Two Great Questions You Can Ask. Sales Training Tip #371: Which Questions Are Most Important? customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip.
Related posts: Sales Training Tip #388: Which LinkedIn Groups Should You Join? Sales Training Tip #199: Network with Linkedin.com. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training.
Sales Training Tip #359: Ideas Mean Nothing…Until… Why Long-Term Thinking is Vital to Your Sales Motivation. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip.
Sales Training Tip #360: Negotiation? customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip. Client Login. Mark Hunter. Client List. Testimonials.
The good news is, there are plenty of ways for your company to earn trust and loyalty from your customers, even in today’s busy marketplace. Let’s get into our top five strategies to build customer loyalty! Invest in multi-channel customerservice. They visit your website, where they find a customer support email address.
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Sales Training Tip #300: How Confident Are You? Sales Training Tip #305: How Valuable are You? Professional Selling Skills Training: Stay Motivated, Finish Strong. Sales Training Tip #366: Who Determines Your Worth? customerservice. discounting. sales training. sales training tip.
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Sales Training Tip #375: RFPS are Rarely Final. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip. Client Login. Mark Hunter. Client List.
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You will either subtlety talk the customer out of buying or you will regularly discount the price. Related posts: 3 Ways to Stop Being Afraid of Closing: Sales Training Tip #413. Sales Training Tip #319: Should You Ever Stop Prospecting? customerservice. discounting. sales training.
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Related posts: Sales Training Tip #365: How Well Do You Know Your Buyers? Sales Training Tip #367: Purchasing Departments and the Three Ts. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training.
Related posts: Professional Selling Skills Training: Sales Motivation and the Holidays. The Myth of Finding More Time to Prospect: Sales Training Tip #412. customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting.
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customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training. sales training tip. training tip. Sales Motivation and Sales Training says: February 3, 2012 at 3:32 am. [.] Client Login.
Related posts: Bad Salespeople Make Cheap Customers: Sales Training Tip #408. Are You Disrupting The Thinking of Your Customer? customerservice. discounting. sales training. sales training tip. training tip. customerservice. discounting. sales training.
Like many of the salespeople I meet, I believed that discounting was a valid way to secure a customer that would then become a “long-term” customer. If you run the numbers, you will see that discounting doesn’t just eat away at your profit immediately, it destroys it over subsequent sales as well.
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