Showing posts with label B2B. Show all posts
Showing posts with label B2B. Show all posts

Wednesday, August 18, 2021

Raising prices for B2B customers

 

Asking for 2% more should not be what you’re afraid of. Fear the feeling that you can’t.

Eric wants to know about strategies for raising prices in a manufacturing context.

A relationship is about value which can be about more than just price.

Relationships also mean frequent contact and mutual understanding.

If you’re afraid to raise the price, then maybe there’s something else missing from the relationship?

Watch: https://youtu.be/np9KDSCUhzw

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Learn to sell your business https://www.HowToSellMyOwnBusiness.com

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Friday, April 24, 2015

Small Business Sales Tips from my years selling to businesses.

Wow! Yesterday's video about your attitude while doing sales created a great deal of engagement.  Lots of 'likes, shares, and a few subscribes' across the various social platforms that I'm on.

I wanted to follow up with a few basic sales tips that have worked well for me over the years.

Image result for sales

1. Don't talk about what you do, state the problems you solve.
Your audience doesn't really care about you. They care about how they're going to hit their targets and numbers.  They want to know how they will succeed.  If your solution will help them, tell them what problems you solve. People buy solutions.

2. Summarize what you do into one short line, even shorter than an elevator speech.
People may ask you what you do for a living but they don't have time for a seminar.  You need to be able to summarize what you and your company do in one line.  When I was a business broker I used to tell people that 'I help business owners confidentially transition to the next chapter of their life.'

3. Make sure your prospect can afford your solution.
There's nothing wrong with qualifying prospects.  Your time is valuable and you don't want to waste it on people who can't afford you.  Make statements along with questions such as, 'our solution generally helps companies with sales in excess of $2 million.  Would you be in that category?'  People will be far more likely to answer yes or no to this question than if you asked them what their annual sales figure was in the first meeting.

4. You really can't 'sell' someone in a B2B environment, you just present opportunities.
I learned long ago that individuals may make an impulsive buying decision but businesses rarely do.  You can try all the sales tactics and strategies you want but when it comes to B2B sales, your job is to present opportunities to the prospect.  It's their job to decide if they will participate or not.

Cheers and have a great weekend.







Thursday, April 23, 2015

[VIDEO] Do you have a sales attitude problem? Are you delivering value or asking for a favour?

I tell the story of a recent pep-talk regarding the attitude you need to have when making the sale and stating the price.  Are you a value driven problem solver or are your customers doing you a favour? The mindset determines how successful you'll be in getting what you're worth.


The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.