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Why We Buy Ourselves First

Bernadette McClelland

He shared how he is new to the country and now that his job takes him out on the road with a lot of travelling, he’d be looking for a reliable tyre supplier in the future he could trust. Tyre Guy not only found a new client, he also sold a set of tyres at higher margin for exactly the same amount of work.

Margin 397
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Boosting Margin with Sales Tools

Cincom Smart Selling

I’m not talking about supply or production cost, I’m talking about paying for the process of selling things —the cost of the person, their phone, their software, their travel, their lunches and most of all, their time. Consider that a 1% reduction on the expense line shows up as a 4% increase in margin on the profit line.

Margin 66
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In The Beginning

The Pipeline

Each day is a building block of the sales cycles you’re currently travelling. I am sorry I don’t buy the customer-centric excuse, always there for them, your high margin customers don’t expect that. Your clients and prospects are better served by a proactive professional, getting things done on their behalf.

Travel 291
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Taking the Lead: Why Q4 Is the Time for Small Businesses to Get Aggressive

Sales and Marketing Management

Many small businesses were operating with extremely low margins before the crisis began, some operating at a loss or only breaking even. It is not uncommon for sales reps to travel around the world to win prospects with face-to-face meetings. A cold reach out during a tense situation could alienate the prospect forever.

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Creating the Ideal Performance Culture

SBI Growth

This reduced the time spent traveling by more expensive sellers. If they went after new business, it would surely be at lower margins. High margin deals only come after a relationship has been built. A majority of reps focused on margin, and gave up prospecting for new accounts.

Hiring 293
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How Consumer Spending Trends Impact Your Recession Sales Strategy [Data + Insights]

Hubspot Sales

Based on this data, we can expect consumers to pull back on discretionary spending, such as travel, luxury items, and eating out. 33% of sales reps say they average 2-4 interactions with prospects in the sales process. If you're feeling the pressure of a downturned economy, your prospects are too. Change up your pitch.

Consumer 108
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12 Common Ways You Undermine Your Chances of Closing (& How to Avoid Them), According to The Virtual CRO's President

Hubspot Sales

So when they're presenting to a prospect, they hastily speed through the support slide in their presentation deck. Prospects can pick up on lapses in confidence like that, and those moments — those quick gaps in assurance, authority, and assertiveness — allow value leaks to come to the surface. Remain composed when you get here.

Closing 125