Put real numbers behind the benefits you provide to help customers justify their investment. Quantifying value strengthens your business case and reduces price resistance.
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This is one of my top five books on sales and business development. While this summary doesn't go into the specific tools, templates and frameworks of how to execute a large deal sale, the book does and worth reading directly applying the frameworks and tools.
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Similar ideas to Quantify the Value You Deliver
Communicate a clear picture of the value of the solution you established in the selling process. The right buyer can usually “find” the money if the value is too strong to pass up—if the solution you’ve proposed answers their needs especially well.
Most times when buyers say, “Your price i...
Customers need to feel secure, knowing that they are getting value for money with every purchase.
Conduct extensive market research to position products suitably in the market. Products should be of good quality and justify their prices. Be transparent about the price of your produ...
Keep in mind that perceived value often has little to do with your product’s price, it really hinges on whether you can convince customers that your product can and will satisfy their personal needs. Some ways you can play with perceived value:
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