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#130 How to make pricing a game changer with Jeffrey Tjiok, Director at Simon-Kucher

29:03
 
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Manage episode 329167913 series 2971433
Unique x SalesPlaybook에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Unique x SalesPlaybook 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Pricing is part science, part art. And huge for profitability.

Jeffrey Tjiok worked with 25+ B2B Tech companies, many of them VC-backed unicorns.

👉 Here are 5 Insights from him on how to make pricing a game changer for you

with Jeffrey Tjiok on our Europe’s B2B SaaS Sales Podcast (1st comment).

1️⃣ Master your pricing toolbox to defend value

Many startups immediately rush into discounting.

Instead find out WHY the offered price seems too high.

Then offer value-add, low-cost items sequentially in the process.

2️⃣ Embrace long-term quid pro quo

Ask what you get in return instead of giving in to incumbents “kicking tires”.

Steer the discussion away from price towards focusing fully on value.

Frame concessions with a clear (time) limit, e.g. 1st-year discounts.

3️⃣ “Everyone’s responsible for pricing”

Pricing is one of the most cross-functional disciplines.

Product marketing has to tell a compelling story around the offering.

Sales needs clear pricing guidelines to close profitable, attractive deals.

This requires close alignment of the company’s leadership (CRO x CFO x CMO).

4️⃣ Your pricing needs to follow your business objectives

One of Jeffrey’s clients moved from volume- to revenue-focus and is now valued at $10B.

You need to decide first if growth, profitability, retention or win rates are most important.

As you scale quickly, getting pricing right is crucial to build a sustainable business.

5️⃣ Pricing can have a huge impact on profitability

Many Silicon Valley companies follow a “reach first, rich second” model.

If you’re a VC-backed, hypergrowth scaleup, that’s great.

  continue reading

153 에피소드

Artwork
icon공유
 
Manage episode 329167913 series 2971433
Unique x SalesPlaybook에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Unique x SalesPlaybook 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Pricing is part science, part art. And huge for profitability.

Jeffrey Tjiok worked with 25+ B2B Tech companies, many of them VC-backed unicorns.

👉 Here are 5 Insights from him on how to make pricing a game changer for you

with Jeffrey Tjiok on our Europe’s B2B SaaS Sales Podcast (1st comment).

1️⃣ Master your pricing toolbox to defend value

Many startups immediately rush into discounting.

Instead find out WHY the offered price seems too high.

Then offer value-add, low-cost items sequentially in the process.

2️⃣ Embrace long-term quid pro quo

Ask what you get in return instead of giving in to incumbents “kicking tires”.

Steer the discussion away from price towards focusing fully on value.

Frame concessions with a clear (time) limit, e.g. 1st-year discounts.

3️⃣ “Everyone’s responsible for pricing”

Pricing is one of the most cross-functional disciplines.

Product marketing has to tell a compelling story around the offering.

Sales needs clear pricing guidelines to close profitable, attractive deals.

This requires close alignment of the company’s leadership (CRO x CFO x CMO).

4️⃣ Your pricing needs to follow your business objectives

One of Jeffrey’s clients moved from volume- to revenue-focus and is now valued at $10B.

You need to decide first if growth, profitability, retention or win rates are most important.

As you scale quickly, getting pricing right is crucial to build a sustainable business.

5️⃣ Pricing can have a huge impact on profitability

Many Silicon Valley companies follow a “reach first, rich second” model.

If you’re a VC-backed, hypergrowth scaleup, that’s great.

  continue reading

153 에피소드

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