Remove price-elasticity
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A Quick Refresher on Price Elasticity (& How It Impacts Your Strategy)

Hubspot Sales

I know what you woke up thinking this morning: “ I sure could use a quick refresher on price elasticity. ” Understanding the price elasticity of your product/service and how it impacts your sales and business strategy is crucial to building a responsive, successful company. Price Elasticity of Demand.

Strategy 106
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Can Distributors Reduce Price to Attract Customers?

Distribution Pricing Journal

As price lowers, sales go up along the demand curve. If prices rise, sales drop. Can you reduce price to attract new customers? While slashing prices might seem like an easy solution, it’s not always the most effective long-term strategy. The tourism industry is exceptionally elastic.

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The Ultimate Guide to Pricing Strategies

Hubspot Sales

Setting prices for your products can be tough. Set prices too high, and you miss out on valuable sales. Thankfully, pricing doesn’t have to be a sacrifice or a shot in the dark. If only pricing was a simple as its definition. It’s not uncommon for entrepreneurs and business owners to skim over pricing.

Strategy 133
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If They Want to Change, They Will Pay More

Anthony Iannarino

The reason Apple was able to take on the PC was because Apple made beautiful products that were not plagued with the challenges of the PC—and at a higher price point. It’s important to understand the elasticity of price and general strategy. Get my first book: The Only Sale Guide You'll Ever Need.

Segment 103
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How the Lies You Tell Yourself Kill Your Sales Results

Anthony Iannarino

Everyone wants a lower price. The lies you tell yourself can kill your sales results. This broad generalization infected salespeople and sales organization with the belief that outbound prospecting was no more, having been replaced by inbound marketing, something that hasn’t proven true, and isn’t likely to in the next hundred years.

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How to Build the Perfect Post-COVID SaaS Contract

Chorus.ai

These ongoing events have changed buying and search habits, price-sensitivity by sector, and growth forecasts. Revenue organizations and sales teams must be prepared to meet these changes and the challenges associated with them. COVID-19 has had a profound influence on our economy, both in the SaaS sector and well beyond.

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The Race You Must Fight Hard to Lose – The Race to the Bottom!

Pipeliner

Desperation, though, is a harsh task-master and many selling organizations are cutting prices and abandoning logical pricing strategies in the interest of winning. I’ll paraphrase it, though, for the whirlpool that is COVID – “In matters of pricing, stand like a rock”. As is being true to your pricing strategy.

Margin 59