MTD Sales Training

DECEMBER 23, 2019

Episode 41: Is there a good time to offer discounts? In this episode we look how giving discounts can actually be beneficial. The post Is There A Good Time To Offer Discounts? The post Is There A Good Time To Offer Discounts? What To Do In A Stalling appeared first on MTD Sales Training. What to do in a stalling.

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MTD Sales Training

MAY 16, 2018

In other words, make them aware that discounting comes at a price to them too. If you do find it necessary to lower your price, use these phrases to ensure you still maintain the value in the prospect’s eyes: 1) ‘Just to be clear, can I ask you why you are requesting a discount? MTD Sales Training. Happy Selling! Sean McPheat.

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Partners in Excellence

FEBRUARY 17, 2021

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%! What If You Couldn't Discount?

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Hubspot Sales

MARCH 18, 2024

Here, I‘ll discuss four tactics you can use to frame your prices as effectively as possible — without resorting to discounting. 4 Powerful Pricing Tactics That Have Nothing to Do With Discounts 1. Beyond giving discounts, front-line sales representatives can’t typically change or increase their standard prices.

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SBI Growth

MAY 27, 2018

Reps discount to make their number. Sometimes they discount because they believe it is the only way to close a deal, sometimes they discount because it is the fastest way to close a deal, but either way they do so.

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MTD Sales Training

APRIL 15, 2019

This podcast includes: How we deal with prospects who demand a discount. The post Prospects Who Demand Discount, The 5 Stages of Negotiation & A Quote From Benjamin Mays appeared first on MTD Sales Training. The 5 stages of negotiation. A quote from Benjamin Mays. Take a look at this episode on [link].

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MTD Sales Training

MARCH 16, 2017

I have recently been running some training with a very successful client and we have been working on the negotiation skills of their salespeople and sales managers. The contract is virtually assured, however a buyer has now got involved and is demanding a 15% discount. Look For Alternatives To Discounts. Here is the dilemma.

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No More Cold Calling

JULY 25, 2024

They train with unparalleled rigor. When they do provide sales training, it’s often done in a vacuum—without reinforcement, coaching, accountability linked to KPIs, and practice—which makes that initial effort a waste of time and money. And it takes more than a few hours of training to master new sales skills.

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MTD Sales Training

AUGUST 17, 2017

and have often been on courses themselves to train on how to negotiate a lower price. So, firstly find out what why they are asking for discount. MTD Sales Training | Sales Blog | Image courtesy of Big Stock Photo. The post The Best Phrases To Use When Negotiating Discounts appeared first on MTD Sales Training.

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MTD Sales Training

AUGUST 17, 2017

If you want to negotiate a discount and you’re a buyer then I’ll give you some phrases to use. Conversely if you’re a sales person I’m going to give you some phrases on how to counter buyers who are haggling and negotiating for a discount. But if you negotiate in the wrong way then a well-trained sales person will easily overcome them.

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MTD Sales Training

MARCH 30, 2016

The prospect asks for discount. The only problem with agreeing to a discount is that it cheapens the product rather than increasing the value. So, here’s a way to handle the discount question: “I understand, Mr Prospect, and everyone these days is looking to reduce costs. Then comes that moment many salespeople dread.

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MTD Sales Training

MAY 16, 2017

The Correct Way to Offer a Discount: The Proper Price Drop. Reducing your price, offering discounts or “price dropping” is an extremely delicate issue requiring skill, practice and a strategy that when done right can do wonders for your business and career. Now you are ready to offer a discount. Step 2: Build Value.

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The Sales Heretic

JUNE 30, 2015

One of the most frequent complaints I hear from sales directors, VPs, and CEOs is that their sales team—whether it’s internal or their distribution channel—discounts too much and too often. While it’s maddening, it’s also excruciatingly common. Here’s what drives that behavior: 1. So [.].

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Understanding the Sales Force

APRIL 15, 2024

You should spend money on training and development for the twelve challenges I listed above. Not just any sales training, but results-focused sales training with role-plays, and with your sales leaders becoming effective coaches.

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Pipeliner

AUGUST 30, 2019

Six Ways to Commit “Suicide by Discount”. It’s often tempting to discount your way out of sales trouble, but sometimes you’re doing more harm than good. While discounting is sometimes necessary, it’s often the biggest mistake you can make. Full disclosure here: I’m highly biased against discounting.

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Pipeliner

APRIL 1, 2019

I can’t think of any concepts more misunderstood than price, pricing, and discounting. Let’s discuss five myths about pricing, and its Mr. Hyde alter-ego, discounting. Discounting is only going to convince your prospect to doubt the numbers. So…”make it up on volume” disciples: how much do you discount before down becomes up?

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Hubspot Sales

JULY 24, 2018

A discount can help accelerate a slow-moving deal, create goodwill, and give you leverage for requesting concessions. But you’ll only reap these benefits by discounting strategically -- not whenever your prospect asks for one. Of course, responding to discount inquiries during the actual negotiation is challenging too.

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The Sales Hunter

JANUARY 14, 2012

The Slippery Slope of Discounting. If you as a salesperson — or worse, if you as a sales manager — do not believe in the price of what you sell, then that is a bigger problem than whether you have a tendency to offer a discount. But quantity will never make up for the profits you did lose by selling at a discount.

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The Sales Readiness Blog

OCTOBER 18, 2022

Sales training is proven to help your team close more business deals, stay competitive, avoid discounting, win bigger deals, and boost productivity. A well-designed sales training program gives your team the skills, tools, and techniques they need to become top performers.

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Braveheart Sales

JULY 28, 2020

All of this leads to discounting. Steps to Stop the Discounting. We know it can be tempting for salespeople to discount prices when the economy has tightened. To go further, we can help in a more customized way through training, coaching and by instituting repeatable predictive sales processes, and a qualifying discipline.

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PandaDoc

APRIL 3, 2023

Training your team requires providing them with more than a manual and a few workshops before sending them out into the field. In fact, if that’s your current sales training program, all of that hard work and education could be forgotten by your team in just a few months. Start a free trial 3.

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Hubspot Sales

AUGUST 6, 2019

Below is a guide to accelerated ramp-up time for your salespeople (along with some examples of how HubSpot trains their salespeople). When you're creating a new-hire training plan, remember a few things : Keep your training plan personalized, because no two reps are the same. Pre-week training. Product Training.

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Customer Centric Selling

DECEMBER 10, 2014

Sales Tips: How to Avoid the Discounting "Squeeze". By John Holland, Chief Content Officer, CustomerCentric Selling® - The Sales Training Company. After asking a few questions it seemed clear that they were the vendor of choice and were in a death spiral of discounting.

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MEDDIC

APRIL 1, 2022

Why a MEDDPICC Training now? Sales leaders are usually conscious of the continuous need for training for their teams. Your sellers come to you often to ask for an exceptional discount for a customer. “We need to discount at least 30% to be considered for purchase,” they tell you. They don’t sell value.

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Customer Centric Selling

JUNE 11, 2014

Sales Tips and Techniques: How to Avoid the Death Spiral of Discounting in Sales Negotiations. By John Holland, Chief Content Officer, CustomerCentric Selling® - The Sales Training Company. Parachuting in from the outside, it seemed clear they were the vendor of choice and that they were in a death spiral of discounting.

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The ROI Guy

JANUARY 15, 2015

There is more pressure than ever on suppliers to lower their prices and offer steep discounts. Recent studies indicate that the average discount levels has risen to 20% per deal (IDC), but we find that many solution providers would be happy if that were the level of discount they were providing. Many are a whopping 50-70%!

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Hubspot Sales

MARCH 19, 2019

Sales training is a big investment. Not only are you paying for the training itself and related expenses, but your sales team is also losing prime selling hours to attend workshops and sessions. So, how do you make your training a success , not a flop? Top Reasons Your Sales Training Will Fail. Some are neutral.

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Mr. Inside Sales

JULY 20, 2021

Save 20% on our already discounted, Bestselling CD Series: “How to Double Your Income Selling Over the Phone.”. ON DEMAND SALES TRAINING THAT GETS RESULTS! If your team is struggling with call reluctance and is tired of the endless rejection they face, then get instant access to our On Demand training today.

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Trinity Perspectives

APRIL 14, 2021

There’s a fundamental flaw with the way most B2B companies approach sales training and enablement. ” Sales training is often treated like a tick in the box, a necessary evil or a way to spend some ‘use it or lose it’ enablement budget. We want to avoid discounting so much, which erodes our margin.

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MTD Sales Training

FEBRUARY 25, 2013

I always enjoy reading true stories that readers send in. They offer a real perspective on how life is like for sales guys out there in the big world. Sometimes these stories highlight points that. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Highspot

JANUARY 3, 2024

Read on to discover how reps can confidently approach each closing conversation with closing sales training that works. Sales leaders and reps can efficiently navigate this crucial stage of the sales process with ongoing coaching and training. Let’s explore the key benefits of developing a comprehensive sales training program.

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MTD Sales Training

DECEMBER 16, 2019

For instance, if they are asking for a discount, find out the reason why a cheaper price is important to them. For example, make a decision that you won’t go beyond a certain figure of discount, unless you get increased orders or higher margin on other services you offer. We also offer In-House Sales Negotiation Training.

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The Sales Hunter

DECEMBER 2, 2011

discounting. sales training. sales training tip. training tip. discounting. sales training. sales training tip. training tip. Client Login. Mark Hunter. Client List. Testimonials. Mark’s Insights on SALES MOTIVATION. Mark’s Insights on PRICING. Mark’s Insights on PROSPECTING.

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The Sales Hunter

DECEMBER 6, 2011

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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The Sales Hunter

AUGUST 15, 2014

I was conducting a training session for a major company on how to sell at a higher price, and one of the first questions I was asked was how to deal with a customer who was only concerned about price. Blog Closing a Sale pricing advisor selling discount discounting price sales discount' One salesperson asked me […].

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The Sales Hunter

JANUARY 27, 2012

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.

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MTD Sales Training

JUNE 4, 2019

Special terms and conditions: When done with tact, these can assist the prospect in talking to others who are in partnership with making the decision to work with them, and can build value in their eyes without having to resort to discounts. MTD Sales Training | Sales Blog | Image courtesy of Big Stock Photo. Happy Selling!

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