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Selling the Price Increase

The Ultimate B2B Field Guide for Raising Prices Without Losing Customers
Series: Jeb Blount
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Selling the Price Increase by Jeb Blount delves into strategies and techniques for successfully communicating and implementing price increases in a business setting. The book offers practical insights on overcoming objections, maintaining customer relationships, and ensuring smooth transitions for sales professionals and business leaders. It aims to equip readers with the tools needed to navigate challenging pricing conversations without sacrificing client trust.
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Format: Hardback
$5499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in mastering strategies for effectively handling price increases in business. It offers insights into maintaining customer relationships and communication techniques to navigate challenging conversations, making it a valuable read for sales professionals and entrepreneurs looking to enhance their negotiation skills.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A practical guide for successfully navigating the single greatest growth and profit improvement opportunity for B2B enterprises: price increases

The payoff for implementing price increases without losing customers is massive! Effective price increase campaigns are far more effective at boosting topline revenue and generating profits than acquiring new customers.

The problem is that price increase initiativesβ€”whether broad-based or targeted to specific accountsβ€”strike fear and anxiety into the hearts of sales professionals and account managers who are tasked with selling them to their customers. Approaching customers with price increases sits at the tip top of the pantheon of things salespeople hate to do because they fear that raising prices will reduce sales volume or open the door to competitors.

Yet, when sold effectively, customers accept price increases, remain loyal, and often buy even more.

In Selling the Price Increase: The Ultimate B2B Field Guide for Raising Prices Without Losing Customers, celebrated sales trainer Jeb Blount reveals the strategies, tactics, techniques, and frameworks that allow you to successfully master price increase initiatives. From crafting effective price increase messages to protecting hard-won relationships, handling common objections, and making the case for the value you deliver, this comprehensive guide walks you through each step of the price increase sales process.

In each chapter, you’ll find practical exercises designed to help you master the Selling the Price Increase system. As you dive into these powerful insights, and with each new chapter, you'll gain greater and greater confidence in your ability to successfully engage customers in price increase conversations.

You’ll learn:

  • How to navigate multiple price increase scenarios: broad-based, targeted, non-negotiable, negotiable, defending, presenting, and asking
  • The eight price increase narratives and three drivers of customer price increase acceptance
  • How to neutralize and get past the five big price increase fears and anxieties
  • How to avoid the big mistakes that trigger resentment and drive customers into the arms of your competitors
  • The 9-Box Risk-Profile Framework for targeting accounts for price increases
  • A repeatable process for confidently approaching price increase conversations
  • The Five-Step Price Increase Messaging Framework
  • Proven frameworks for reducing resistance and handling price increase objections
  • How to negotiate profitable outcomes with high-risk profile accounts
  • Winning strategies for coaching and leading successful price increase initiatives

Following in the footsteps of his blockbuster bestsellers Fanatical Prospecting, Sales EQ, Objections, Inked, and Virtual Selling, Jeb Blount's Selling the Price Increase puts the same strategies employed by his clientsβ€”a who's who of the world's most prestigious organizationsβ€”right into your hands.

Selling the Price Increase is an essential handbook for sales professionals, account managers, customer success teams, and other revenue generation leaders looking for a page-turning and insightful roadmap to navigating the essentialβ€”and nerve-wrackingβ€”world of price increases.

Series: Jeb Blount

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  • INKED
    Learn powerful closing and sales negotiation tactics that unlock yes and seal the deal. Each year, sales professionals leave billions of dollars on the table because they are outgunned, outmanoeuvred, and outplayed by savvy buyers who have been schooled in the art and science of negotiation. Because today’s buyers have more power than ever beforeβ€”more information, more at stake, and...
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  • Objections
    There are few one-size-fits-all solutions in sales. Context matters. Complex sales are different from one-call closes. B2B is different than B2C. Prospects, territories, products, industries, companies, and sales processes are all different. There is little black and white in the sales profession. Except for objections. There is democracy in objections. Every salesperson must endure many NOs in order to get...
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  • People Buy You
    The ultimate guide to relationships, influence, and persuasion in 21st century business. What is most important to your success as a sales or business professional? Is it education, experience, product knowledge, job title, territory, or business dress? Is it your company's reputation, product, price, marketing collateral, delivery lead times, in-stock ratios, service guarantees, management strength, or warehouse location? Is it...
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  • Selling in a Crisis
    Find the motivation and confidence to stay on top when everything hits the fan In volatile times, it is hard to sell. It seems like every company is on a spending freeze, cutting back, or pushing off making decisions. Buyers become scarce and the competition for the few that are still buying is fierce. People don’t want to meet with...
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  • Selling the Price Increase
    A practical guide for successfully navigating the single greatest growth and profit improvement opportunity for B2B enterprises: price increases The payoff for implementing price increases without losing customers is massive! Effective price increase campaigns are far more effective at boosting topline revenue and generating profits than acquiring new customers. The problem is that price increase initiativesβ€”whether broad-based or targeted to...
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    $5499
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  • The AI Edge
    Upgrade your sales process by plugging into the new power of artificial intelligence In today's cutthroat sales world, where sales professionals are constantly juggling multiple responsibilities and navigating a sea of relentless competitors, everyone is looking for an edge. What if that edge is found in a tool powerful enough to give you more time in your sales day, accelerate...
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  • Virtual Training
    Remote learning has been around since the 18th century. Caleb Phillips began advertising correspondence courses in the Boston Gazette in 1728, allowing people, for the first time, to learn new skills no matter where they lived. For the past 300 years, virtual training, in its various formats, has been meandering into shore on an inevitable yet slow-building tide. And then,...
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  • Fanatical Prospecting
    Ditch the failed sales tactics, fill your pipeline, and crush your number With over 500,000 copies sold, Fanatical Prospecting gives salespeople, sales leaders, entrepreneurs, and executives a practical, eye-opening guide that clearly explains the why and how behind the most important activity in sales and business developmentβ€”prospecting. The brutal fact is that the number one reason for failure in sales...
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  • Virtual Selling
    And just like that, everything changed . . . A global pandemic. Panic. Social distancing. Working from home. In a heartbeat, we went from happy hours to virtual happy hours. From conferences to virtual conferences. From selling to virtual selling. To remain competitive, sales and business professionals were required to shift the way they engaged prospects and customers. Overnight, virtual...
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Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Selling the Price Increase by Jeb Blount is well-received for its practical advice on negotiation strategies and managing delicate customer interactions during pricing changes. Reviewers appreciate its actionable techniques and the author's engaging writing style, which makes complex sales concepts accessible. The book is recommended for sales professionals seeking effective ways to communicate value and maintain client relationships amidst price adjustments.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9781119899297

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 16 August 2022

Country: United States

Imprint: John Wiley & Sons Inc

Audience: General / adult

DIMENSIONS

Spine width: 33.0mm

Width: 147.0mm

Height: 224.0mm

Weight: 476g

Pages: 352

About the Author

JEB BLOUNT is an acclaimed trainer and international bestselling author of fourteen books, including, Virtual Training, Virtual Selling,Fanatical Prospecting, Sales EQ, People Follow You, and Inked. Through his global training organization Sales Gravy, Jeb and his team help companies of all sizes accelerate sales productivity and revenue growth fast.

Also by Jeb Blount

View all
  • INKED
    Learn powerful closing and sales negotiation tactics that unlock yes and seal the deal. Each year, sales professionals leave billions of dollars on the table because they are outgunned, outmanoeuvred, and outplayed by savvy buyers who have been schooled in the art and science of negotiation. Because today’s buyers have more power than ever beforeβ€”more information, more at stake, and...
    Hardback
    $6800
    Available
    Ships in 2-3 weeks
  • Objections
    There are few one-size-fits-all solutions in sales. Context matters. Complex sales are different from one-call closes. B2B is different than B2C. Prospects, territories, products, industries, companies, and sales processes are all different. There is little black and white in the sales profession. Except for objections. There is democracy in objections. Every salesperson must endure many NOs in order to get...
    Hardback
    $5499
    Available
    Ships in 3-4 weeks
  • People Buy You
    The ultimate guide to relationships, influence, and persuasion in 21st century business. What is most important to your success as a sales or business professional? Is it education, experience, product knowledge, job title, territory, or business dress? Is it your company's reputation, product, price, marketing collateral, delivery lead times, in-stock ratios, service guarantees, management strength, or warehouse location? Is it...
    Hardback
    $6200
    Available
    Ships in 2-3 weeks
  • Sales EQ
    The New Psychology of Selling The sales profession is in the midst of a perfect storm. Buyers have more powerβ€”more information, more at stake, and more control over the sales processβ€”than any time in history. Technology is bringing disruptive change at an ever-increasing pace, creating fear and uncertainty that leaves buyers clinging to the status quo. Deteriorating attention spans have...
    Hardback
    $5499
    Available
    Ships in 3-4 weeks
  • Selling in a Crisis
    Find the motivation and confidence to stay on top when everything hits the fan In volatile times, it is hard to sell. It seems like every company is on a spending freeze, cutting back, or pushing off making decisions. Buyers become scarce and the competition for the few that are still buying is fierce. People don’t want to meet with...
    Hardback
    $5199
    Available
    Ships in 3-4 weeks
  • The AI Edge
    Upgrade your sales process by plugging into the new power of artificial intelligence In today's cutthroat sales world, where sales professionals are constantly juggling multiple responsibilities and navigating a sea of relentless competitors, everyone is looking for an edge. What if that edge is found in a tool powerful enough to give you more time in your sales day, accelerate...
    Hardback
    $5699
    Available
    Ships in 3-4 weeks
  • Virtual Training
    Remote learning has been around since the 18th century. Caleb Phillips began advertising correspondence courses in the Boston Gazette in 1728, allowing people, for the first time, to learn new skills no matter where they lived. For the past 300 years, virtual training, in its various formats, has been meandering into shore on an inevitable yet slow-building tide. And then,...
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    $5199
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    Ships in 3-4 weeks
  • The LinkedIn Edge
    Combine LinkedIn and AI to multiply your selling potential LinkedIn, the premier platform for professionals worldwide, is a powerful digital sales tool. With LinkedIn, sales professionals can target potential clients with unprecedented precision, utilizing detailed search capabilities that filter by industry, job title, and social proximity. This makes sales outreach more personal and effective. In The LinkedIn Edge, best-selling author...
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    $5299
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  • Fanatical Prospecting
    Ditch the failed sales tactics, fill your pipeline, and crush your number With over 500,000 copies sold, Fanatical Prospecting gives salespeople, sales leaders, entrepreneurs, and executives a practical, eye-opening guide that clearly explains the why and how behind the most important activity in sales and business developmentβ€”prospecting. The brutal fact is that the number one reason for failure in sales...
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  • 90 Days to Level Up Your Sales Skills
    Supercharge your selling skills in just three months with advice from one of the world's most popular sales experts. In 90 Days to Level Up Your Sales Skills, bestselling author and world-renowned sales trainer and leader, Jeb Blount, delivers a groundbreaking new guide to unlocking your sales potential and reaching new professional heights. This hands-on, no-BS roadmap to sales success...
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  • Virtual Selling
    And just like that, everything changed . . . A global pandemic. Panic. Social distancing. Working from home. In a heartbeat, we went from happy hours to virtual happy hours. From conferences to virtual conferences. From selling to virtual selling. To remain competitive, sales and business professionals were required to shift the way they engaged prospects and customers. Overnight, virtual...
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