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The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers Erik Peterson

The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers By Erik Peterson

The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers by Erik Peterson


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The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers Summary

The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers by Erik Peterson

Proven customer engagement approaches for winning in the most important moments driving profitability and growth-customer retention and expansion

Industry analysts report that up 70- 80% of business growth comes from existing customers.

So why are you still investing mainly in attracting new customers? And, leaving renewals and upsells to chance? Or, worse yet, using a one-size-fits all approach to acquisition as you do for expansions?

The Expansion Sale provides everything you need to seize the competitive edge in the customer-success space. Authors Erik Peterson and Tim Riesterer explain how the buying psychology of existing customers differs from that of new customers, and show how to adapt your commercial engagement strategies accordingly. They provide clear, easy-to-apply messaging frameworks for creating and delivering winning conversations in the four must-win commercial moments of customer success: ensuring renewals, communicating price increases, increasing upsells, and apologizing effectively for service failures.

Table of Contents

Research Note

Foreword
Nick Mehta, Chief Executive Officer, Gainsight

Acknowledgments

Introduction

PART I
DEVELOPING THE EXPANSION MESSAGE

1 Acquisition Does Not Equal Expansion

2 Expansion Messaging-Mission Critical,
but Missing in Action

3 Why Stay and the Psychology Behind Renewals

4 Cracking the Code on the
Price Increase Conversation

5 Why Pay More-A Framework for Improving
Your Price Increase Conversations

6 Messaging for the Upsell-The Why Evolve
Conversation

7 The Winning Why Evolve Message Framework

8 "Sorry" Shouldn't Be the Hardest Word-
Apology Science and the Expansion Sale

9 The Winning Why Forgive Message Framework

PART II
DELIVERING THE EXPANSION MESSAGE

10 The Right Message at the Right Time-Mastering
Situational Fluency

11 Delivering the Message-Essential Skills
for the Expansion Seller

12 Navigating the Conversation-Advanced Skills
for the Expansion Seller

13 Expansion Messaging as a Commercial Strategy

14 Parting Thoughts

Appendix: Real-World Examples

Index

About the Authors

Additional information

NGR9781260462753
9781260462753
1260462757
The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers by Erik Peterson
New
Hardback
McGraw-Hill Education
2020-03-19
256
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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