Customers ask for discounts. Salespeople try to say “no” but they rarely succeed. Most know they’re supposed to sell value, but don’t know how. This book reveals how buyers discover value, and how salespeople can help.
Since you are reading this book, someone likely told you to “sell value”. You probably heard someone say, “stop selling features and sell value instead.” This is brilliant advice, but it’s flawed. I rarely meet anyone (other than pricing professionals) who even knows what value means. How can you be expected to sell value when your colleagues don’t understand it? The people who built your products probably don’t understand value. The people who market your products probably don’t understand value. Your boss probably doesn’t understand value.
These are some bold words, and they are not meant to hurt anyone. How can you know what you haven’t been taught?
As a pricing person, I focus on a concept called Value-Based Pricing. It means charge what your customers are willing to pay. I’ve spent years learning how buyers value products. And I’ve spent years teaching people about pricing and value, which is how I know most people don’t understand value.
With the extedned book package you will receive the information YOU need in order to drive growth in your subscription business. Clarity and certainty will be established around which tasks drive growth at your current stage. Subscription business models are new and confusing. You are extremely busy creating and implementing products and programs. You and others have so many more ideas than resources. This course provides you the framework to think about subscription businesses that will give you the tools and the confidence to prioritize your activities.
Here’s what you’ll learn in this course:
Mark has been curious about pricing since being a child when he wondered why companies use 99 cents as price endings and later studied that topic in his doctoral program at UC Berkeley. He has researched pricing, was a pricing executive at a $2.5B semiconductor company, and used pricing when starting and selling three companies.
Mark’s mission is to educate salespeople about value-based pricing, which simply means charge what a customer is willing to pay. Once a company starts down that path, it’s quickly apparent that they require a much deeper understanding of value and that’s when they bring in Mark to help connect the dots.
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