article thumbnail

How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

Pricing models are finicky, and there's no one-size-fits-all remedy that any company can apply to see the results it wants. Start by setting clear and reasonable expectations that your customers can count on from the start of your relationship. Make sure your customer service infrastructure is active and effective.

Margin 103
article thumbnail

Do You Negotiate Improved Client Happiness?

Smooth Sale

One phone is covered by work, and the other is insured. Attitude and customer care determine future business. When problems arise, ask for the client’s ideas for a remedy. The expectation was to receive a refund for the rental, nothing more. It was little to ask because the extended family also rented kayaks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Ten Sales Tips

Sales Overdrive

So CEOs must speak the language and be personally involved in sales pursuits with key prospects and other aspects of the growth agenda including product development and customer service initiatives. CEOs must mobilize the entire culture as a selling machine focused solely on winning new customers and expanding customer relationships.

article thumbnail

170 Sales Terms From A – Z: The Updated Glossary of B2B Sales Definitions

Sales Hacker

Compensation is the total payment and benefits an employee receives for rendering work — covering basic salary, allowances, commissions, bonuses, health insurance, pension plans, paid leaves, stock options, and other benefits. Implement corrections or remedial actions. Make accurate revenue forecasts.