PricingBrew

Insights & Tips

Already a subscriber? Login

Become a subscriber and unlock an information arsenal focused on making your pricing efforts more effective.

Ouch! This Can’t Help But Hurt Your Margins…

Through research we conducted across our publications, we wanted to better understand the extent to which B2B sales teams were being equipped to negotiate with the “margin extraction” procurement experts on the other side of the table.

We’ve put together a more complete Research Brief to share more of the data and provide our observations, but here’s the headline:

Negotiation Training Breakout

Now…I realize that it’s incredibly risky to interpret any type of poll these days…and I know that these results may seem “too close to call”…but I’m going to go out on a limb and suggest that not a lot of sales teams are being trained to negotiate.

Might this explain some of the pricing pressure companies have been experiencing? Could this contribute to some of the margin erosion pricing people are reporting? Is this one of the reasons that over-discounting seems to be such an intractable problem?

I think it’s safe to say that it certainly doesn’t help!

I think this is a great example of how “pricing problems” can have their roots well outside of the pricing department and well beyond the price-points themselves. After all, when salespeople aren’t being equipped to deal with the sophisticated negotiation strategies and tactics being used against them, how is a different pricing strategy, or different set of numbers, really going to help?

The point is that your pricing may not be the problem. You’re welcome 🙂

Negotiation Ad PB

Get Immediate Access To Everything In The PricingBrew Journal

Related Resources

  • Pricing Productivity Boosters

    B2B pricing functions have never been overflowing with resources, money, or time. Nevertheless, most pricing teams are now being asked to do even more with even less. So how do we make the most of what we've got?

    View This Webinar
  • Exploring Four Different Types of Buyers

    To win a negotiation without giving up too much, it's important to understand who's on the other side of the table. This interview with Nelson Hyde teaches you about four types of buyers --- how to identify them and how to deal with them.

    View This Interview
  • Using The "Measurement Effect" to Improve Margins

    When it comes to finding problems or failings with pricing and discounting, the sales department is a prime target. But the relatively simple effort of getting your own house in order can have a positive influence on pricing outcomes.

    View This Tutorial
  • How to Fight a Price War

    In this on-demand webinar, learn strategies and tactics for preventing a price war, handling "dumb" competitors, de-escalating and avoiding provocative situations, and winning without actually fighting.

    View This Webinar