Fri.Jul 09, 2021

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How to double your price and retain your customers

Holden Advisors

Is it possible to double your price and not lose any customers? Yep. If you’d asked me last year, I wouldn’t have believed it either. But that’s exactly what happened with one of our clients. In the end, our client’s revenue increased nearly $100M without losing customers. Here’s how we worked together to make this unbelievable situation a reality. Determine Negative Elasticity.

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When Prices Go Up, Sellers Get Down to Business

Engage Selling

As the post-pandemic landscape continues to reveal itself in today’s marketplace, price increases are a defining characteristic…and a pain point for many of us. In some markets, these increases are incremental bump-ups. But in others, the spikes are meteoric, due … Read More » The post When Prices Go Up, Sellers Get Down to Business first appeared on The Sales Leader.

Marketing 126
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How to Test Ecommerce Apps to Ensure the Ultimate Digital Experience

Customer Think

For many of today’s retailers, ecommerce is a vital consideration. Consumers have long grown used to shopping online, and a dedicated ecommerce website is an excellent choice. But apps make shopping easier than ever before, and shouldn’t be overlooked. Building an app shouldn’t be taken lightly – they require thoughtful design and need to allow […].

eCommerce 130
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Weekly Roundup: Sales Training Games, Sales Forecasting Methods + More

The Center for Sales Strategy

- MOTIVATION -. "Sales is not about selling anymore, but about building trust and educating.”. - Siva Devaki. - AROUND THE WEB -. > 27 Sales Training Games, Activities, & Ideas To Ramp Up Your Team – HubSpot. There are over 13 million salespeople working in the United States, and they spend weeks or even months training for success in their role.

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2024, The Year of the Customer

2023's struggles fueled a shift: companies are ditching wasteful strategies in favor of data and AI-powered growth. Enter 2024, the year GTC takes center stage. Discover 5 ways a customer-centric approach unlocks new revenue and delivers lasting success.

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Shifting the KPI scorecard: the importance of customer-centricity

Customer Think

The practice of measuring success spans all industries and lines of work. Outlining the metrics of success, or key performance indicators (KPIs), is how most organizations determine whether or not they are on the right track to meet their goals. KPIs can be extremely helpful; however, it can also be easy to get lost in […].

Meetings 129
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The 10 best communication apps for delivering great customer service

Zendesk

In the early 2000s, the thought of companies connecting with customers over instant messaging would have seemed ludicrous. But in 2021? That’s the norm. According to the Zendesk Customer Experience Trends Report 2021 , messaging channels like WhatsApp and Facebook are becoming new consumer favorites. Nearly a third of customers said they messaged companies over communication apps for the first time in 2020.

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How to optimize your knowledge base for SEO

Zendesk

Instead of making your customers wander through the pages of Google, optimizing your knowledge base will help them find information fast – a huge advantage when it comes to meeting your customers’ needs. If your knowledge base isn’t optimized for search engines, you’re losing a large number of potential new customers. Moreover, you’re missing out on the opportunity of enabling your existing customers to self-serve.

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CX Journey™ Musings: Ride for the Brand

Customer Think

What is a brand? And what does it mean to ride for the brand? Having grown up on a farm, I know brands and branding well. In farm and ranch life, a brand is an identifier for your livestock, a symbol imprinted on an animal’s skin/hide. (There are ot.

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Capitalizing on the Big Benefits of a Growing Gig Economy

Strategic Communications

Who could have predicted the rapid expansion of remote work and the “gig economy”? While the gig economy had already been making the news due to the emergence of companies like Uber and Lyft prior to the pandemic, the pandemic had had a significant impact on how companies are using and will continue to use remote workers in the future. I’ve been a member of the “gig economy” since 2008 when I started Strategic Communications, LLC.

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Why B2B Marketers Should Try CTV Advertising

Customer Think

Over the last couple of years, Connected TV, via channels like Hulu and IMDB, has emerged as a productive new advertising medium. CTV offers two key benefits: precise household-level targeting, and accurate tracking for attribution. Which is exac.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Sunset Agreements, Preserve Relationships

Vantage Partners

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Why Do Bonuses for NPS Scores *Seem* Wise?

Customer Think

I’ll get right to the point: Change management is cheaper than bribing employees. It’s more effective, too. The CEO of a client organization recently asked us about offering a bonus tied to their Net Promoter Score (NPS). He believed that this would mo.

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The paths that led us here: 8 Nutshellers discuss how they joined the team

Nutshell

At Nutshell, we strive to create a workplace where anyone can feel welcome. Many members of our team didn’t come from traditional tech backgrounds, and applied for positions at Nutshell after spending their early careers in entirely different fields such as retail management, journalism, and domestic engineering. And that’s a good thing. We believe that our team’s diversity of experience helps us relate to our customers more effectively and solve their problems with fresh perspectives.

Retail 118
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Tips to maximize your profit with dazzling customer support

Customer Think

These days, dealing with customer service is a part and parcel of the daily routine for most companies, no matter where your company is located it can be anywhere in Colombia, Australia, or any other part of the world. Even though with a bare minimum at times, acknowledging good customer relationships is still the lifeblood […].

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1st, 2nd, and 3rd Party Intent Data: Which Is Right for You?

How do 1st, 2nd, and 3rd party intent data compare? 1st, 2nd, and 3rd party data each have specific advantages and disadvantages. It comes down to four factors: accuracy, cost, control and quantity. This infographic explains the pros and cons of each and helps you understand which one is best for meeting your business objectives. Intent data can be a great way to fill your pipeline and close more deals.

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Jul 09 – Customer Success Jobs

SmartKarrot

Role: Director of Customer Success Location: Minneapolis, MN, US Organization: Avenica As a Director of Customer Success, you will provide strategic oversight to the Talent Delivery Connect Team. Serve as a leader to provide guidance to TDMs on day-to-day operations, relationship building and account management, and setting work order priorities. Work in close collaboration with Talent Delivery Directors, Client Solutions team members, and VP of Talent Delivery to ensure work order flow, client

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NPS may be hurting your employees

Customer Think

NPS may be hurting your employees If you’re looking for a reason not to use NPS as your top-line CX metric, I’ve got one for you: Depending on your business and/or your business model, it’s just p.

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A Straightforward Guide to Qualitative Forecasting

Hubspot Sales

When it comes to sales, numbers are key, but they don't always give you a comprehensive picture of your org's performance and potential — particularly in the context of forecasting. So while quantitative forecasting can't be ignored, you still need to consider factors beyond those hard figures if you want a truly thorough understanding of what you can expect from your sales department.

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How Can We Shift Our Business From Transactional Product Sales to Anything as a Service?

SalesGlobe

Alignment to Your Revenue Roadmap and Driving the Right Behavior. Shifting a business from traditional products and services to SaaS and XaaS requires a laser focus on the upstream disciplines of the Revenue Roadmap and a refocus of your business in five key areas. Anything as a service, XaaS, is accelerating as companies navigate the shift to solution sales to meet and exceed customer requirements.

Finance 52
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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10 Factors That Cause High Website Bounce Rates

Customer Think

Your bounce rate – the percentage of people who leave or ‘bounce back’ to the search results after a single page view – is a metric that matters for most of us. Despite the average bounce rate being 26-70 percent, the majority aim for this number to be as low as possible. This is because, […].

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First and Only Effective Account Management Included in Sales CRM

SalesPop

For any company involved with sales, account management and key account management is crucial and requires a vastly different skillset and toolset than winning new sales. What is (Key) Account Management? The core concept of account management is that winning a new account is more costly and difficult than maintaining and upselling an existing account.