Remove Finance Remove Negotiation Remove Procurement
article thumbnail

The Important Role of Pricing Departments in the Price, Cost, Revenue Equation

Holden Advisors

Is aware of costs and constraints like the finance team. Works side-by-side with sales to sell value and overcome procurement. When only 30% of B2B buyers make decisions based exclusively on price (noted in Negotiating with Backbone ), it’s not surprising the other 70% care about value if they are thoughtfully informed about it.

article thumbnail

Winning Over Buying Groups: How to Sell to Multiple B2B Decision Makers

Brooks Group

The buyers journey has become a complex negotiation requiring diplomacy, deep understanding, and the ability to build cross-functional consensus. Procurement/Purchasing Managers These key players focus on cost efficiency, vendor reliability, and contract terms.

B2B 76
article thumbnail

Consultative Selling Tips: How to Sell to Procurement Managers

Brooks Group

Procurement managers have a reputation for focusing only on price. This post describes how you can use a consultative selling approach to understand the unique buying agenda of procurement managers and sell more effectively. Understanding Procurement Manager Challenges Procurement managers are in a unique position.

article thumbnail

Context and curiosity drive commerciality and pricing

Red Star Kim

This week’s PM Forum training workshop “Commerciality: Finance, Pricing, Innovation and Research” was attended by delegates from law, accountancy and insolvency firms. Delegates then chose to focus on finance, economics and pricing. Finance fundamentals Financial awareness is another capability required by M&BD.

article thumbnail

3 Ways to Beat the Holiday Slump & Close More Deals

Hubspot Sales

This forces negotiations to take place before stakeholders in Procurement and Legal are out of the office -- something your well-meaning prospect might not have considered. Employ these tactics now, and you might be able to enjoy New Years for the first time in your sales career. 3 Ways to Close Deals Around the Holidays.

article thumbnail

An Introduction to Enterprise Sales for Key Account Managers

DemandFarm

A multinational software company might spend nearly a year negotiating a $5 million deal with a Fortune 500 company. This process involves multiple product demonstrations, engaging with IT, procurement, and finance stakeholders, and significant customization to meet the client’s needs.

article thumbnail

Retail Banking Industry Value Chain: Deep Dive

Flevy

From mobile apps to online portals, customers now expect seamless digital experiences that allow them to manage their finances anytime, anywhere. Banks are innovating by offering green finance products, such as eco-friendly mortgages or loans for sustainable business practices.

Banking 52