article thumbnail

Prevent Your Revenue Desk From Becoming the Discount Approval Board

SBI Growth

If you follow our Sales Benchmark Index blog, you have read our take on enhancing your Deal Desk to a Revenue Desk in the recent post “What Do You Do When Your Deal Desk Is Failing – Set up a.

Revenue 267
article thumbnail

Are You Confident Enough In Your Value Not To Discount?

Partners in Excellence

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?

Discount 160
Insiders

Sign Up for our Newsletter

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

article thumbnail

Grow Revenue During a Recession by Being Counter-Intuitive

Understanding the Sales Force

The economic crisis of 2008-9, and the Covid lockdowns of 2020-2021 showed us that when companies focus on cost-cutting instead of growing revenue, revenue declines – sharply. Can companies add water to grow revenue when the economic conditions are evaporating? Instead of discounting, get better at selling value.

Revenue 156
article thumbnail

On Pricing, Discounting, and Value

Partners in Excellence

B Euros in revenue and 8 B Euros in gross profit. in revenue, $3.6B They discount every once in a while and offer promotions, but mostly both are known for great, though very different value propositions. Recently I saw an organization whose average discount was 50%. Related Posts: Pricing And Discounting Are Different!

article thumbnail

Revenue vs. Profit: The Difference & Why It Matters

Hubspot Sales

Revenue and profit are two of the most prominent, crucial metrics every business needs to track if it wants to understand its performance, forecast effectively, and spend wisely — among a host of other key functions and activities. It takes some steps to pare down your revenue figure to your profit. How to Get From Revenue to Profit.

Revenue 113
article thumbnail

How To Respond To “We Want A 15% Discount”

MTD Sales Training

The contract is virtually assured, however a buyer has now got involved and is demanding a 15% discount. If we give the discount then a large chunk of profit disappears for no good reason. Look For Alternatives To Discounts. Be aware that 70% of the time when a buyer asks for a discount the salesperson gives it without a fight.

Discount 120
article thumbnail

What Is Revenue? A Quick Refresher

Hubspot Sales

Revenue is the first metric that appears on an income statement, and for good reason. Yet, despite revenue's importance, there's a lot of confusion around it. What does (and doesn't) count as revenue? What does (and doesn't) count as revenue? Is Revenue Profit? What is the Revenue Formula?

Revenue 100