Selling the Price Increase: The Ultimate B2B Field Guide for Raising Prices Without Losing Customers (Jeb Blount)

Selling the Price Increase: The Ultimate B2B Field Guide for Raising Prices Without Losing Customers (Jeb Blount)

  • Downloads:3739
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2022-08-25 09:51:43
  • Update Date:2025-09-06
  • Status:finish
  • Author:Jeb Blount
  • ISBN:111989929X
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

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 initiatives--whether broad-based or targeted to specific accounts--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 clients--a who's who of the world's most prestigious organizations--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 essential--and nerve-wracking--world of price increases。

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Reviews

Bruce Harpham

The perfect book to proactively address inflation: learn how to sell price increases instead of simply accepting them as a consumer or business。 I've read and enjoyed several of the author's books in the past (e。g。 Fanatical Prospecting)。 This book offers specific techniques to help salespeople and sales leaders plan, strategize and execute price increase discussions。As the title implies, this book is best suited for B2B sales environments where one is selling large dollar value products and ser The perfect book to proactively address inflation: learn how to sell price increases instead of simply accepting them as a consumer or business。 I've read and enjoyed several of the author's books in the past (e。g。 Fanatical Prospecting)。 This book offers specific techniques to help salespeople and sales leaders plan, strategize and execute price increase discussions。As the title implies, this book is best suited for B2B sales environments where one is selling large dollar value products and services。 。。。more

David Rainwater

Many books are marketed to individual contributors, but are written for managers。 Not this one。 This book was set up beautifully for individual contributors。 Caveat for this review; I am an AE, and it was written for (and marketed to) AM's。 However, it had lots of little gold nuggets, even for an AE。 This book leaves no stone unturned。 It very clearly depicts actionable tactics and strategies you can implement immediately, many of the tactics are counter intuitive at first glance, but make so mu Many books are marketed to individual contributors, but are written for managers。 Not this one。 This book was set up beautifully for individual contributors。 Caveat for this review; I am an AE, and it was written for (and marketed to) AM's。 However, it had lots of little gold nuggets, even for an AE。 This book leaves no stone unturned。 It very clearly depicts actionable tactics and strategies you can implement immediately, many of the tactics are counter intuitive at first glance, but make so much since when you put all the pieces of this book together。 The one problem with leaving no stone unturned, is under many of those stones is just more stone。 Sometimes Jeb hands you hackneyed sales concepts simply because of his thoroughness。 In order to bridge all of his concepts and ideas together in a way that you could easily step back and see the whole picture, it was somewhat necessary。 But those parts were boring none the less。 If you're an AM who will have to go through a price increase, this book delivers in spades。 If you're an AE, there is a short path between many of these strategies and the strategies you could use to earn new business。 Certainly, there were chapters completely useless to me, but the book wasn't marketed to AE's, so no harm there。 。。。more

Steve Bullington

After 30 years in sales and surviving 5 recessions in my professional life, I can tell you with 100% certainty that you work for one of two companies:1。 A company that has already increased your prices2。 A company that is on the verge of increasing your prices。Now the challenge is that most companies provide you with training on how to go out and get new clients but virtually none provide you with training on how to introduce a price increase AND keep a client。 And that is the point of Jeb Bloun After 30 years in sales and surviving 5 recessions in my professional life, I can tell you with 100% certainty that you work for one of two companies:1。 A company that has already increased your prices2。 A company that is on the verge of increasing your prices。Now the challenge is that most companies provide you with training on how to go out and get new clients but virtually none provide you with training on how to introduce a price increase AND keep a client。 And that is the point of Jeb Blount's newest book Selling the Price Increase。This is not some theoretic tome, this is an Army Field Manual for successfully navigating the challenges that are these discussions。 Jeb provides you with step-by-step approaches to handling the messaging, the conversations, the presentations, and dealing with the objections。To me, the most powerful part of the book is about helping you (or your team) deal with the emotions that are involved with having a difficult conversation。 The line I love about confidence is "you have to be bigger on the inside than you are on the outside。"The other great value this book provides is that it has specific coaching actions for managers to use to prepare their teams to successfully have these conversations。 As I said, this is an Army Field Manual。So whether you work for a company that has already implemented a price increase and your team is struggling to deliver that message or your company is getting ready to, Selling the Price Increase is your guide to success。 。。。more

Ross

Excellent starting point for sales leaders to plan and implement price increases。 Jeb provides the reader with a valuable framework to think through。