Impact Pricing Podcast

#568: Pricing Table Topics: 8 of Hearts – Business Acumen

This one is the 8 of Hearts from the Impact Pricing card deck.

Business acumen is a skill that salespeople really need, and product people really should have, to say, “Why is it that a customer would want to buy our product?” In B2B, value is measured in incremental profit. Your customer isn’t going to buy anything from you, assuming it’s a business customer, unless you are making them more money.

Here’s the question, how are you making them more money? Somehow, when you can communicate that, when your sales team can communicate that, you have a much better chance at winning the business. And by the way, when you understand it, you have a much better chance at delivering great marketing messages, and building the right products.

“We really need the skill of business acumen so we can say what is the business of our customers and how is it that we make them more money, because that is where the value is.”

– Mark Stiving

We really need the skill of business acumen so we can say what is the business of our customers and how is it that we make them more money, because that is where the value is.

We hope you enjoyed this example of Pricing Table Topics. What you just heard was done without a script.

If you have any questions or feedback, please email me, [email protected].

Now, go make an impact.

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Tags: Accelerate Your Subscription Business, ask a pricing expert, pricing metrics, pricing strategy

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Our Speakers

Mark Stiving, Ph.D.

CEO at Impact Pricing

Alexis Underwood

Managing Director at Wynnchurch Capital, L.P.

Stephen Plume

Managing Director of
The Entrepreneurs' Fund