Getting the most from deal approvals involves three things: providing guidance to sales reps with contextual deal analytics to confidently capture value; enforcing consistent pricing with deal guidance and automation; and increasing speed to close more deals through reduced time-to-close. Analytics can add value to the approval process by scoring deals and prices, comparing prices to benchmarks, and measuring deal metrics. The value of the process is measured by the difference between requested and approved prices.
Survey conducted with 48 mid-sized business-to-business companies to validate changing landscape of B2B selling. Questions covered topics related to sales compensation, pricing, quoting and profitability.
Survey conducted with 48 mid-sized business-to-business companies to validate changing landscape of B2B selling. Questions covered topics related to sales compensation, pricing, quoting and profitability.
In this presentation Fusebill CEO Steve Adams discusses how to evaluate price models as opposed to price points, review churn and its impacts, what to consider when selecting a price strategy and review some of the most popular strategies for subscription based businesses .
Profitable Customer Acquisition for Banks and Credit Unions. Traditional marketing strategies are ineffective and inefficient resulting in significant missed opportunities for Community Banks and Credit Unions. OptiRate offers a unique approach that enables Banks & Credit Unions to attract profitable customers at a fraction of their current customer acquisition costs.
25 Pricing Strategies for Subscription and Online CommerceOneBill
25 innovative pricing strategies for a subscription business.
As more and more companies transform their business to a subscription model, there is one important strategic element that is largely overlooked: PRICING STRATEGY.
This 25-page e-book offers:
* Creative ways of offering pricing models with examples
* Inspire you to try one or more or combination of many to suit your business
* Learn the importance of pricing strategy to increase customer base and revenue
* Adopt a subscription platform approach for running your subscription billing automation than just sending recurring invoices to your customers.
Analytics in hospitality can be used for
1. Customer Segmentation
2.Cross-Sell and Up-Sell
3.Customer Retention and Loyalty
5.Forecasting and Optimization
6.Campaign Management
7.Customer Life time value
Alexander Group 2012 SaaS Benchmarking Study SaaS sales leaders looking for actionable insights to inform their 2012 strategy will receive a comprehensive set of metrics, including information on sales coverage, job roles, sales productivity, customer acquisition and retention, and sales compensation.
The most successful retailers are those who are embracing change by continuously offering customers a more compelling shopping experience through new store types, new products and better value. To effectively deliver this enhanced value, retailers must implement strategies that increase efficiency and reduce costs in the sourcing of products.
This presentation provides practical recommendations for sales leadership to drive sustainable sales results in this extremely tough selling environment
Celebrate – Pricing Power
Pricing principles that capture value and enhance profitability
Pricing can no longer be an after-thought, with the pricing strategy and rate structure applied after the service offering is developed. Increasingly, clients want unique pricing structures that include shared accountability – this applies not only to agencies, but is part of a larger trend across many service-business industries. Successfully aligning interests requires integrating the pricing strategy as a core component of the offer – using price to help determine: What is included? How is success defined? How services are delivered. This discussion will take lessons learned from both advertising, and other segments to frame the role of pricing in the sales process. We will also discuss the ways leading-class pricing organizations find success with client procurement teams – who have been very effective at driving down rates. This includes the importance of differentiating cost vs. fees vs. value. Successful alternative fee programs are not positioned as new forms of discounting, but are leveraged as a different way to measure and compensate for value. And, finally, we will discuss the concept of "losing on price."
Speaker:
Scott Lippstreu, Principal, Deloitte Consulting LLP
In this presentation Fusebill CEO Steve Adams discusses how to evaluate price models as opposed to price points, review churn and its impacts, what to consider when selecting a price strategy and review some of the most popular strategies for subscription based businesses .
Profitable Customer Acquisition for Banks and Credit Unions. Traditional marketing strategies are ineffective and inefficient resulting in significant missed opportunities for Community Banks and Credit Unions. OptiRate offers a unique approach that enables Banks & Credit Unions to attract profitable customers at a fraction of their current customer acquisition costs.
25 Pricing Strategies for Subscription and Online CommerceOneBill
25 innovative pricing strategies for a subscription business.
As more and more companies transform their business to a subscription model, there is one important strategic element that is largely overlooked: PRICING STRATEGY.
This 25-page e-book offers:
* Creative ways of offering pricing models with examples
* Inspire you to try one or more or combination of many to suit your business
* Learn the importance of pricing strategy to increase customer base and revenue
* Adopt a subscription platform approach for running your subscription billing automation than just sending recurring invoices to your customers.
Analytics in hospitality can be used for
1. Customer Segmentation
2.Cross-Sell and Up-Sell
3.Customer Retention and Loyalty
5.Forecasting and Optimization
6.Campaign Management
7.Customer Life time value
Alexander Group 2012 SaaS Benchmarking Study SaaS sales leaders looking for actionable insights to inform their 2012 strategy will receive a comprehensive set of metrics, including information on sales coverage, job roles, sales productivity, customer acquisition and retention, and sales compensation.
The most successful retailers are those who are embracing change by continuously offering customers a more compelling shopping experience through new store types, new products and better value. To effectively deliver this enhanced value, retailers must implement strategies that increase efficiency and reduce costs in the sourcing of products.
This presentation provides practical recommendations for sales leadership to drive sustainable sales results in this extremely tough selling environment
Celebrate – Pricing Power
Pricing principles that capture value and enhance profitability
Pricing can no longer be an after-thought, with the pricing strategy and rate structure applied after the service offering is developed. Increasingly, clients want unique pricing structures that include shared accountability – this applies not only to agencies, but is part of a larger trend across many service-business industries. Successfully aligning interests requires integrating the pricing strategy as a core component of the offer – using price to help determine: What is included? How is success defined? How services are delivered. This discussion will take lessons learned from both advertising, and other segments to frame the role of pricing in the sales process. We will also discuss the ways leading-class pricing organizations find success with client procurement teams – who have been very effective at driving down rates. This includes the importance of differentiating cost vs. fees vs. value. Successful alternative fee programs are not positioned as new forms of discounting, but are leveraged as a different way to measure and compensate for value. And, finally, we will discuss the concept of "losing on price."
Speaker:
Scott Lippstreu, Principal, Deloitte Consulting LLP
Setting up for Success with Measurable Goals and QBRsGainsight
By: Elaine Cleary, Senior Customer Success Manager at Gainsight
Helen Valentine, Director of Customer Success at Workday
Dave Rhein Sr. Director of Customer Success at Apttus
Presented at Pulse Conference 2015.
Fixing Forecast Accuracy: Joint Webinar with Sales Management AssociationRevegy, Inc.
Forecasting accuracy is a problem for sales organizations. Too often forecasts reflect little more than a sales force’s collective intuition about future results. Not the reliable predictor management needs.
New approaches to forecasting are proving much more valuable. They combine technology, salesperson activities, and a focus on verifiable customer outcomes.
Customer success on salesforce platform dreamforce 2014ServiceSource
Research shows that best-in-class customer success organizations achieve 95% customer retention rates. Is your customer success team falling short of this benchmark? Looking for new ways to significantly improve the performance of your customer success team? Join us to learn how to apply the right coverage with customer segmentation and playbooks, leverage success plans and health scorecards to focus reps, and track the right KPIs to monitor results and implement improvement.
http://www.trinityp3.com/
Agency remuneration and compensation models are under pressure with a focus from procurement on marketing budgets. There are basically four types of agency remuneration being 1. Spend based (commissions) 2. Cost based (Head hours, overheads and profit multiples) 3. Output based (Pricing and fixed fee) 4. Outcome based (Performance payments and profit sharing). The last two are increasingly used together in a Value Based Compensation model which fixes the base fee for the agency's outputs and rewards the agency based on performance. This presentation provides an overview of the various advertising agency compensation models and provides guides and consideration to choose the right model for you.
This is a presentation that I gave on developing sales channels to a group of entrepreneurs at the Technology Capital Network in July 2007 in the Boston area
Your real world is a giant negotiating table, and like it or not, you’re a participant. You, as an individual, come into conflict with others: family members, sales people, bosses, and many more. And when you come into conflict, negotiations can lead to a resolution. Negotiation is the use of information and power to affect behavior within a “web of tension”. If you think about this broad definition, you’ll realize that you do, in fact, negotiate all the time both on your job and in your personal life. In every negotiation, three crucial elements always seem to be present: Audience, Information, and Power. Let me share a personal negotiation story that involves these three elements.
Meet my two little negotiators. Sydney, who is 6, on the left, and Mason, who is 9 on the right. I’m sure many of you in the room have kids, and know how they can be expert negotiators.One evening it was time for my kids to get ready for bed. As I was taking them to their rooms, I could tell my daughter was sad. I asked her what was wrong, and she told me that mom said she had to throw away her Justin Bieber toothbrush. My daughter had just gotten over flu and strep, and my wife thought it would be best to throw away her toothbrush, and give her a new one. Well, the toothbrushes that my kids use aren't your run of the mill toothbrushes. They are electric and play a song for two minutes to help the kids know how long they are supposed to brush their teeth. When the music stops, they can stop. They really work well, although my daughter never wanted to go the full two minutes. So I told her I would make her a deal. I said “Sydney, if you promise to brush your teeth until the music stops, I’ll boil your Justin Bieber toothbrush so you can use it again.”She said in a pouting voice, “But mom said I have to throw it away”I replied, “If I boil it, you can keep using it.”She said, “But it will burn my mouth”I then said, “Sydney, do you want to keep you Justin Bieber toothbrush or not?”, and at that exact moment my son chimed in and said, “Dad, you should have led with that”. He was right. I should have thought about my audience more and the information I was sharing. I should have started the negotiation with, “Sydney, if you promise to brush your teeth until the music is complete, I will get mom to tell you that you can keep your Bieber toothbrush.” I needed to tell her what she wanted to hear, and not get into the details. The negotiation could have gone much smoother. She had the power to turn down the offer, but Bieber was too much. She now brushes her teeth a full two minutes.
Meet my two little negotiators. Sydney, who is 6, on the left, and Mason, who is 9 on the right. I’m sure many of you in the room have kids, and know how they can be expert negotiators.One evening it was time for my kids to get ready for bed. As I was taking them to their rooms, I could tell my daughter was sad. I asked her what was wrong, and she told me that mom said she had to throw away her Justin Bieber toothbrush. My daughter had just gotten over flu and strep, and my wife thought it would be best to throw away her toothbrush, and give her a new one. Well, the toothbrushes that my kids use aren't your run of the mill toothbrushes. They are electric and play a song for two minutes to help the kids know how long they are supposed to brush their teeth. When the music stops, they can stop. They really work well, although my daughter never wanted to go the full two minutes. So I told her I would make her a deal. I said “Sydney, if you promise to brush your teeth until the music stops, I’ll boil your Justin Bieber toothbrush so you can use it again.”She said in a pouting voice, “But mom said I have to throw it away”I replied, “If I boil it, you can keep using it.”She said, “But it will burn my mouth”I then said, “Sydney, do you want to keep you Justin Bieber toothbrush or not?”, and at that exact moment my son chimed in and said, “Dad, you should have led with that”. He was right. I should have thought about my audience more and the information I was sharing. I should have started the negotiation with, “Sydney, if you promise to brush your teeth until the music is complete, I will get mom to tell you that you can keep your Bieber toothbrush.” I needed to tell her what she wanted to hear, and not get into the details. The negotiation could have gone much smoother. She had the power to turn down the offer, but Bieber was too much. She now brushes her teeth a full two minutes.