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Negotiating a Deal In Crunch Time

Sales and Marketing Management

These become guardrails and offer you multiple directions to pivot in the actual negotiation: Assess decision-making criteria. know what kinds of discounts you can offer while “expanding the pie” in other areas to recoup those losses). Perhaps you can maintain a premium scope while offering a first-month discount (e.g.,

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How to Score Deals in the Final Quarter [Data & Expert Backed Tips]

Hubspot Sales

Anticipation of discounts: Buyers know that salespeople are more likely to discount the later it gets, so they wait in anticipation of discounts. Pull out the discount. You can always lean on a trusty discount. The discount can be used in conjunction with a note about urgency. Demo in bulk.

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How to Accelerate Sales Performance in Q4

Janek Performance Group

In football, winning the fourth quarter is pivotal. In the fourth quarter, both sellers and buyers have additional incentive to get deals done. Here, managers can add incentives for increased activity, such as additional calls to close deals, and allow reps to be flexible with offers. Incentivize. Ramp Up Coaching. Get creative.

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Leveraging Customer Feedback Loops for Enhanced Understanding of Customer Needs

Act!

Encourage feedback through incentives Since customers don’t always speak up, encourage them to share feedback by offering incentives. Similarly, companies can offer discounts, vouchers, or anything else to motivate users to share their thoughts. By using an integrated CRM and marketing automation system like Act!

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How Defining Your Processes for Special Pricing Agreements Can Improve Margins and Drive Profitability

Distribution Pricing Journal

SPAs are a common vendor program that provide a special framework for offering exclusive pricing and incentives to strategic customers. There are many situations where in-stock discounts and rebates do not provide the distributor with enough margin to secure certain orders. That’s where Special Pricing Agreements (SPAs) come into play.

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The Art of the Oops: How to Recover from an Email Marketing Mistake

Appbuddy

Offer a make-good incentive. Offering an enticing incentive can prompt subscribers to accept your apology, engage, and let bygones be bygones. While this mistake doesn’t necessarily warrant a make-good discount, Skechers subtly directs subscribers to their website while keeping the apology front and center. Subject Line: Oops!

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How to get referrals and testimonials from satisfied small business clients?

BuzzBoard

Another effective strategy is offering incentives. Since small businesses often operate on tight margins and schedules, providing a small discount or offering added value in exchange for a referral can work well. They lend credibility, foster trust, and often play a pivotal role in persuading prospective customers.