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TSE 1121: Your Price Is Right: How to Stand Your Ground Against the Lowest Bidders and Protect Your Margins

Sales Evangelist

We’ve all encountered price wars against the lowest bidder, but today we’re going to talk about how you can stand your ground, protect your margins, and earn the price that you’re worth and how that will help you grow your business. Those recordings impact our money conversations. That’s the conversation that matters.

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Customer Lifetime Value and Why it Matters

Smooth Sale

There isn’t a shortage of metrics businesses must calculate to track their customers’ journey for the goal of creating a customer lifetime value. When you take the time to analyze the value every customer brings to your business, you better understand what can be done to scale your company. Customer Lifespan.

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The 4 Best Responses to "I Need a Better Price"

Hubspot Sales

Because their commissions were based on margin, it was in the seller’s best interest to close the best deal possible with each buyer. In fact, “high authority” sellers had 11% lower average margins and 13% fewer sales per seller compared with sellers who had low authority to negotiate on price. This leads to: Bad deals for sellers.

Margin 120
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Why Do You Need a CRM Strategy and How Do You Create One?

Pipeline

Improving the quality of day-to-day relationships with ideal prospects and customers willing and able to buy. Generate sales with strong profit margins consistently. Here are 5 more other reasons: Unity: your sales, marketing, and customer service teams will all be on the same page, no more departmental silos.

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The 18 Best Places for Sales Reps to Research Prospects [Expert Tips]

Hubspot Sales

Prospect research is a challenge that's every bit as frustrating as it is essential — so to help you out, we've put together a list of 18 of the best places to research buyers before sales conversations. The 18 Best Places to Research Buyers Before Sales Conversations. Is this their first time making this kind of purchasing decision?

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How Leading Financial Services Firms Use Miller Heiman Group to Bridge Service and Sales

Miller Heiman Group

The financial services industry has been rocked to its core by a number of recent developments: a series of reputational issues, a wave of heavy regulation from government agencies, the emergence of digital currencies, and nontraditional competitors, including PayPal and Venmo, entering the market.

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A Get-Well Plan for Sales Ops in the New Year

SBI Growth

Conversely, we’ve come across teams that throw their hands up in despair. Having an enterprise-wide Customer Master File (CMF) is the ideal first step. CMF’s provide a unified view across the organization of your customers. Sales, Finance, Marketing and Customer Service need this alignment. Physician, Heal Thyself.