
According to McKinsey and Co., companies that reduce their discounting during sales negotiations by 1% increase their operating margins by 11%. The key to gaining this margin improvement is to create value throughout the sales cycle in order to avoid excessive discounting once you move into the procurement phase. Marketing and sales need to work together to create purposeful conversations that help salespeople move decision makers to recognize their unconsidered needs, connect their buying decision to their personal careers, and gain agreement on critical elements of the negotiation throughout the sales cycle.
For more strategies to help your company avoid excessive discounting, read Tim Riesterer’s article on page 18 of the May/June issue of Sales & Marketing Management.…





























Myths are so pervasive and engrained in our culture that it’s very difficult to put them to rest, even in the face of the truth. Sugar makes you hyper, 80% of your body heat is lost through the top of your head — these are just two common myths that people cite as fact when they experience a spastic child or a drop in temperature. The Discovery Channel has a whole series, “MythBusters,” dedicated to disproving such myths, with enough fodder for more than 231 episodes.






































































