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SHOULD YOU
REDUCE PRICES
IN B2B
SOFTWARE DEALS?
IN TECHNOLOGY/IT BASED
BUSINESS, CLIENTS OFTEN
WANT SOMETHING
l
SPECIAL
LOWER PRICE?
NEW FEATURES?
LONGER TRIAL?
etc.
DO YOU
MAKE AN EXCEPTION
OR
STAND YOUR
GROUND?
3 WAYS IT WILL PLAY
OUT:
YOU AGREE BUT FAIL TO KEEP THE
PROMISE
YOU KEEP YOUR PROMISE BUT LOSE
ON THE DEAL
YOU KEEP YOUR PROMISE AND STILL
ARE PROFITABLE
I BELIEVE
THAT SACRIFICING
PROFIT MARGIN
IS A VERY EFFICIENT
METHOD TO FAIL YOUR
CLIENTS, TEAM AND
INVESTORS
HERE'S SOME ADVICE
FOR APPROACHING
TOUGH CLIENTS
AVOID
CHERRY
PICKERS
WON'T BUY UNLESS
THEIR TERMS ARE
BETTER THAN WHAT
YOU OFFER
EVERYONE ELSE
LOOK OUT FOR
THE SNOWBALL EFFECT
ONCE YOU GIVE AN
AMAZING OFFER, THE
WORD IS OUT.
OTHERS WILL SOON
COME FOR THE SAME
AND SETTLE FOR
NOTHING ELSE
A HEALTHY APPROACH TO
GIVING DISCOUNTS IS:
YOU WON'T RISK
UNDERSERVING YOUR
CLIENT OR LETTING
YOUR TEAM WORK FOR
FREE TO MAINTAIN
PROFITS
IF:
YOU MANAGE A
BOOTSTRAP STARTUP–
VALUE CASH-FLOW OVER
MARGINS, DISCOUNTS WILL
HELP BUILD A TRUSTING
CUSTOMER BASE

IT'S YOUR FIRST FEW
CLIENTS- LIFETIME
DISCOUNTS ARE GREAT TO
GET CUSTOMERS ON MVP
STAGE
„I WON'T BUY UNLESS YOU
IMPLEMENT THE FEATURE I
NEED...”
NOW IT GETS A BIT TRICKY, LET'S
CONSIDER A FEW APPROACHES
„SIGN THE DEAL AND WE'LL
INCLUDE IT IN OUR PRODUCT
ROADMAP”
HIGH-PROFILE CLIENTS ONLY; CHANGING THE
ROADMAP IS A PAIN FOR YOUR PRODUCT
TEAM, DON'T MAKE THEIR JOB HARDER THAN
IT ALREADY IS AND RISK PRODUCT FAILURE
„WE'LL INCLUDE IT WHEN
WE GET MORE FEEDBACK”
SHOWS THAT YOU CARE
ABOUT CUSTOMER OPINIONS,
SMALLER CHANCE TO CLOSE
BUT YOU STILL HAVE YOUR
INTEGRITY
STILL NO DEAL?
FILE THE STUBBORN ONES UNDER
SOMETHING LIKE „FOLLOW-UP WHEN
NEW FEATURE IS READY” AND FOCUS
ON MORE PROMISING LEADS
CLIENT NEEDS
PERSONAL ASSISTANCE?
DON'T LEAVE
HIM HANGING!
...BUT ONLY WHEN IT'S
TRULY NECESSARY AND
YOU PROVIDE REAL VALUE
WHEN IS IT OK TO FULFILL
YOUR CUSTOMER'S REQUEST?
CRUCIAL OR HIGH-PROFILE CLIENT
INFLUENCIAL CLIENT
MAKE SURE YOU GET REFERRED
THEY PAY UPFRONT
KEEP THE CASHFLOW GOING
BRIDGE THE GAP
BETWEEN YOU AND
THE CUSTOMER
HAVE A FEW CHEAP
GATEWAY
PRODUCTS THAT
SHOW YOU'RE
CAPABLE OF
ADDING VALUE

CONSULTING

E-BOOKS

TRIALS

etc.
REMEMBER:
UNLESS YOU HAVE A
100% LEGITIMATE
REASON DO NOT LET
POTENTIAL CLIENTS
GET INTO YOUR
HEAD
IT'S GOOD TO KEEP
THE CASH FLOWING
BUT UNLESS YOU
REALLY NEED IT –
DON'T SATISFY
THESE TYPES OF
REQUESTS.
SACRIFICING YOUR
INTEGRITY WILL
COME BACK TO
HAUNT YOU.
THANK YOU FOR
CHECKING THIS OUT!
ENJOY THE
PRESENTATION?
CLICK HERE
AND READ THE
ARTICLE
CLICK HERE

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Should you reduce prices in B2B software deals?

  • 1. SHOULD YOU REDUCE PRICES IN B2B SOFTWARE DEALS?
  • 2. IN TECHNOLOGY/IT BASED BUSINESS, CLIENTS OFTEN WANT SOMETHING l SPECIAL LOWER PRICE? NEW FEATURES? LONGER TRIAL? etc.
  • 3. DO YOU MAKE AN EXCEPTION OR STAND YOUR GROUND?
  • 4. 3 WAYS IT WILL PLAY OUT: YOU AGREE BUT FAIL TO KEEP THE PROMISE YOU KEEP YOUR PROMISE BUT LOSE ON THE DEAL YOU KEEP YOUR PROMISE AND STILL ARE PROFITABLE
  • 5. I BELIEVE THAT SACRIFICING PROFIT MARGIN IS A VERY EFFICIENT METHOD TO FAIL YOUR CLIENTS, TEAM AND INVESTORS
  • 6. HERE'S SOME ADVICE FOR APPROACHING TOUGH CLIENTS
  • 7. AVOID CHERRY PICKERS WON'T BUY UNLESS THEIR TERMS ARE BETTER THAN WHAT YOU OFFER EVERYONE ELSE
  • 8. LOOK OUT FOR THE SNOWBALL EFFECT ONCE YOU GIVE AN AMAZING OFFER, THE WORD IS OUT. OTHERS WILL SOON COME FOR THE SAME AND SETTLE FOR NOTHING ELSE
  • 9. A HEALTHY APPROACH TO GIVING DISCOUNTS IS: YOU WON'T RISK UNDERSERVING YOUR CLIENT OR LETTING YOUR TEAM WORK FOR FREE TO MAINTAIN PROFITS
  • 10. IF: YOU MANAGE A BOOTSTRAP STARTUP– VALUE CASH-FLOW OVER MARGINS, DISCOUNTS WILL HELP BUILD A TRUSTING CUSTOMER BASE  IT'S YOUR FIRST FEW CLIENTS- LIFETIME DISCOUNTS ARE GREAT TO GET CUSTOMERS ON MVP STAGE
  • 11. „I WON'T BUY UNLESS YOU IMPLEMENT THE FEATURE I NEED...” NOW IT GETS A BIT TRICKY, LET'S CONSIDER A FEW APPROACHES
  • 12. „SIGN THE DEAL AND WE'LL INCLUDE IT IN OUR PRODUCT ROADMAP” HIGH-PROFILE CLIENTS ONLY; CHANGING THE ROADMAP IS A PAIN FOR YOUR PRODUCT TEAM, DON'T MAKE THEIR JOB HARDER THAN IT ALREADY IS AND RISK PRODUCT FAILURE
  • 13. „WE'LL INCLUDE IT WHEN WE GET MORE FEEDBACK” SHOWS THAT YOU CARE ABOUT CUSTOMER OPINIONS, SMALLER CHANCE TO CLOSE BUT YOU STILL HAVE YOUR INTEGRITY
  • 14. STILL NO DEAL? FILE THE STUBBORN ONES UNDER SOMETHING LIKE „FOLLOW-UP WHEN NEW FEATURE IS READY” AND FOCUS ON MORE PROMISING LEADS
  • 15. CLIENT NEEDS PERSONAL ASSISTANCE? DON'T LEAVE HIM HANGING! ...BUT ONLY WHEN IT'S TRULY NECESSARY AND YOU PROVIDE REAL VALUE
  • 16. WHEN IS IT OK TO FULFILL YOUR CUSTOMER'S REQUEST? CRUCIAL OR HIGH-PROFILE CLIENT INFLUENCIAL CLIENT MAKE SURE YOU GET REFERRED THEY PAY UPFRONT KEEP THE CASHFLOW GOING
  • 17. BRIDGE THE GAP BETWEEN YOU AND THE CUSTOMER HAVE A FEW CHEAP GATEWAY PRODUCTS THAT SHOW YOU'RE CAPABLE OF ADDING VALUE  CONSULTING  E-BOOKS  TRIALS  etc.
  • 18. REMEMBER: UNLESS YOU HAVE A 100% LEGITIMATE REASON DO NOT LET POTENTIAL CLIENTS GET INTO YOUR HEAD
  • 19. IT'S GOOD TO KEEP THE CASH FLOWING BUT UNLESS YOU REALLY NEED IT – DON'T SATISFY THESE TYPES OF REQUESTS. SACRIFICING YOUR INTEGRITY WILL COME BACK TO HAUNT YOU.
  • 20. THANK YOU FOR CHECKING THIS OUT! ENJOY THE PRESENTATION? CLICK HERE AND READ THE ARTICLE CLICK HERE