discounting

7 statements across 6 episodes · 2 bullish · 2 bearish · 6 people on the record · first statement Sep 14, 2022 by Eleanor Dorfman · across every show →

Everything said about discounting, oldest first

Sep 14, 2022 neutral
Insight
Dorfman: Discounting in sales is a red herring without clear ROI
“There's a time and a place. But I think discounting is Sort of a false hearing. It's just, do you understand the value you're providing? Do you understand how important that is to them and what problems you're solving? Do you understand their alternative to us…”
Eleanor Dorfman Sep 14, 2022 ▶ 35:35 Eleanor Dorfman: How We Scaled Retool to $50M ARR; Red Flags for Sales Hires | 20VC #925 · 20VC with Harry Stebbings
Apr 19, 2023 negative
Insight
Creating sales urgency without discounting requires deep customer pain
“If you don't have enough pain, there's Not a world where I can get you to have the urgency you need short of discounting.”
Mark Goldberger Apr 19, 2023 ▶ 21:32 Mark Goldberger: The Ultimate Guide to Enterprise Sales | E1003 · 20VC with Harry Stebbings
Aug 2, 2023
Insight
Jiménez: Early-stage sales discounts must always be traded for references or referrals
“I think it's all about a trade-off. It's like, what are you demonstrating from a value trade for that? Is there something that, Hey, I'm going to give you this discount, but exchange for that especially in the early stages, I need references. You know, I need …”
Lori Jiménez Aug 2, 2023 ▶ 39:58 Lori Jiménez: How to Increase Sales; Hiring Tips from Google; Best Way to Grow Sales Teams | E1043 · 20VC with Harry Stebbings
Oct 4, 2023 positive
Insight
Rosenberg: Reference Stories Reduce Sales Discounting by Building Urgency and Conviction
“Those reference customers make your net new acquisition a lot easier. And by the way, help you dramatically reduce discounting because when people hear the reference stories of all the benefit that they get from the solution, You essentially create the urgency…”
Matt Rosenberg Oct 4, 2023 ▶ 41:41 Matt Rosenberg: Why You Should Not Hire Sales Leaders From Big Companies | E1068 · 20VC with Harry Stebbings
Oct 4, 2023 positive
Insight
Rosenberg: Asking payoff questions reduces discounting and speeds deal closing
“That's the question that's always missed by salespeople. They're just so happy to hear something that they think they can sell against. That they move too fast. Slow it down and ask that payoff question, because if you truly understand what the value is of sol…”
Matt Rosenberg Oct 4, 2023 ▶ 25:40 Matt Rosenberg: Why You Should Not Hire Sales Leaders From Big Companies | E1068 · 20VC with Harry Stebbings
Apr 12, 2024
Insight
Sam Blond: Startups should only offer discounts late in sales cycles to drive urgency
“I think where people make mistakes and salespeople in particular make mistakes is like just defaulting to discounting. This is something that happens very late in a deal and it happens with A very clear trade-off, which is driving urgency to close.”
Sam Blond Apr 12, 2024 ▶ 1:10:01 Sam Blond: Why Startups are Doing Outbound Wrong and How to Fix It | E1139 · 20VC with Harry Stebbings
Sep 27, 2024 negative
Insight
Mahtani: Leading with discounts hurts customers, companies, and reps
“I do not like to lead with discounting. It is a disservice to the customer and to the company and to you as a rep to lead with discount.”
Jeetu Mahtani Sep 27, 2024 ▶ 0:02 Jeetu Mahtani, Sales Leader @Hubspot: How and When to Go International and Crush It | E1207 · 20VC with Harry Stebbings
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