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How do I communicate price increases?

How do I communicate price increases?

FromThe Q and A Sales Podcast


How do I communicate price increases?

FromThe Q and A Sales Podcast

ratings:
Length:
12 minutes
Released:
Dec 11, 2023
Format:
Podcast episode

Description

Price increase fatigue? Paul offers multiple tips to help you and your customer through those inevitable price-increase conversations. Show Notes Your attitude is absolutely critical when presenting price increases. Your company is for profit. It’s okay to make money and be compensated for your value. The profit you gain is a metric for the value you create. Reinforce your value with your customers prior to the price increase. Make sure they understand all the value you and your company bring to the table. When the customer objects to the price increase, offer an adjustment period (NOT a discount): i.e., incremental increases over the next 90 days. Did you enjoy the podcast? Go to Apple Podcasts to rate/review the podcast: https://podcasts.apple.com/us/podcast/the-q-and-a-sales-podcast/id1485103513. Click “Listen” then the “ratings and reviews” button. Visit www.ToughTimer.com to get started on the 30-Day Tough-Timer Challenge! Order your copy of Selling Through Tough Times from Amazon or Barnes & Noble! Click here to purchase the latest edition of Value-Added Selling! Interested in our public seminar offerings? Click here to learn more. *** Thank you for tuning in. Our show is updated weekly with the questions you ask. So, please go to the home page to ask the question that you want answered. Thank you to our production team at The Creative Impostor Studios. Be sure to follow our show in your favorite podcast app and share this episode with a colleague or friend. And most importantly...make it a big day.
Released:
Dec 11, 2023
Format:
Podcast episode

Titles in the series (100)

Salespeople constantly have questions running through their minds and there always seems to be that ONE question that has yet to be answered. This show answers the most pressing questions for the sales professional. Whether you're new to sales or you think you know it all, you probably have a question -- so ASK it!