Pricing Discussions
Successful Demos
Unsuccessful Demos
0 min 60 min38 - 46 min
Successful reps talk price later in their calls after value has been established with the prospect.
3. ESTABLISH VALUE BEFORE PRICING
0 30 60
Sales Cycle Length (In Days)
When a sales rep says “list price”, “typical price”,
or “standard price” to a buyer at any point in a
deal, the sales cycle is 19% longer.
1. DON’T SAY “LIST PRICE”
“Our
Approved
Price is...”
The word “approved” implies that there is a higher
power than you with pricing authority and pricing
concessions are scrutinized.
2. DO USE WORDS WITH AUTHORITY
PRICINGConversation Cheat Sheet
We analyzed over 519,000
call recordings with AI and
uncovered the following
patterns and trends.
“List Price”
Not Used
“List Price”
Used
When you overexplain your pricing, it signals that
you're insecure about it or don’t fully believe the
pricing is justified.
4. ANSWER WITH FEWER WORDS
Words Used to Answer “What’s Your Pricing?”
Top
Performers
Average
Performers
102words
144words
Top sellers pause for 2.1 seconds after their pricing
explanation, signaling rock solid confidence in the
pricing presented.
5. PAUSE AFTER PRICING
6. WIN RATES ARE HIGHEST
WHEN BUDGET IS DISCUSSED
ON THE FIRST CALL
7. WIN RATES ARE HIGHEST WHEN
PRICING IS DISCUSSED ON THE
FIRST CALL
0 1 2 3
Time Paused After Talking Pricing (seconds)
Top
Reps
Average
Reps
Make sure your team is
handling customer
conversations like pros!
BOOK A DEMOhttps://www.gong.io/demo/

Pricing Conversation Cheat Sheet - Gong

  • 1.
    Pricing Discussions Successful Demos UnsuccessfulDemos 0 min 60 min38 - 46 min Successful reps talk price later in their calls after value has been established with the prospect. 3. ESTABLISH VALUE BEFORE PRICING 0 30 60 Sales Cycle Length (In Days) When a sales rep says “list price”, “typical price”, or “standard price” to a buyer at any point in a deal, the sales cycle is 19% longer. 1. DON’T SAY “LIST PRICE” “Our Approved Price is...” The word “approved” implies that there is a higher power than you with pricing authority and pricing concessions are scrutinized. 2. DO USE WORDS WITH AUTHORITY PRICINGConversation Cheat Sheet We analyzed over 519,000 call recordings with AI and uncovered the following patterns and trends. “List Price” Not Used “List Price” Used
  • 2.
    When you overexplainyour pricing, it signals that you're insecure about it or don’t fully believe the pricing is justified. 4. ANSWER WITH FEWER WORDS Words Used to Answer “What’s Your Pricing?” Top Performers Average Performers 102words 144words Top sellers pause for 2.1 seconds after their pricing explanation, signaling rock solid confidence in the pricing presented. 5. PAUSE AFTER PRICING 6. WIN RATES ARE HIGHEST WHEN BUDGET IS DISCUSSED ON THE FIRST CALL 7. WIN RATES ARE HIGHEST WHEN PRICING IS DISCUSSED ON THE FIRST CALL 0 1 2 3 Time Paused After Talking Pricing (seconds) Top Reps Average Reps Make sure your team is handling customer conversations like pros! BOOK A DEMOhttps://www.gong.io/demo/