It’s Never Price!!

In my observation of sales people, I’ve come to the conclusion that everyone falls on a continuum between highly skilled professional and poorly trained amateur. The people at the latter end of that scale are not bad people–they are just badly trained.

And nowhere does it become more apparent than when the sales person talks about the customer’s perception of “price.” If you want to move even one notch up the scale toward the highly skilled professional then, come to your own conclusion that if you’re talking about price with a customer you’re talking about the wrong topic.

It is never the price.

It is ALWAYS the perception the customer has about your value in relation to the price–but it’s never the price. Not only is it ‘never the price,’ but the words you will use to defend the price are irrelevant.

I could sit here for hours and give you all the clever moves and tactics upfront and in the eleventh hour negotiation process that will help you get out of that price mode, but if your “mind about price” is not right, then the words will never matter.

So I suggest the one thing you do over the coming weekend is get your mind straight about the price of your product/service. And get even more clear about the problem you solve for your customer rather than the price he pays to solve it. Dissect the value you bring the customer with the purchase of your solution–and forget about “justifying price.”

2 replies
  1. Curt Wehrley
    Curt Wehrley says:

    Great post Bill! So true. And those who get the deal by underbidding the competition can find it difficult to raise prices with that customer later on. Why? Because they trained that customer to focus on price, not the value delivered.

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