The Martell Method w/ Dan Martell

5 Key Reasons You Might Not Want To Show Pricing On Your Website


Listen Later

Exclusive Download: Revenue Expansion Maximizer™

Watch:
How To Evaluate The Right Pricing Model For Your Software Startup 
Value Based Pricing: How To Use a Pricing Axis To Grow Your SaaS Company's Revenue 

--

When I was 25 and building my first company, Spheric, I closed an enterprise level deal with Procter & Gamble.

Not only was it an “arrival point” for my company…

But in the negotiations, I actually got P&G to fund an entire slate of new integrations and features, while we retained the IP.

Pretty cool, right?

Thing is, none of that would’ve been possible had I made the mistake that most founders make…

Sharing pricing on their website.

In this week’s video, I dive into the 5 reasons why you’ll want to consider hiding your pricing … and how you can leverage that position to close bigger deals while having the flexibility to serve your customers in a more impactful way.

At a high level, here are the 5 reasons you’ll want to hide your pricing:

  1. Complex Deals
  2. Discounting Difficulties
  3. Big Different Than Small
  4. Enterprises Just Want to Buy
  5. Could Make You Look Cheap

At the end of the day, If it’s your goal to serve Fortune 500 companies and high-level enterprises, you NEED to retain the ability to structure deals appropriately.

Showing your pricing not only destroys all leverage right off the bat…

… but it can actually kill your credibility by making you look like a cheap, consumer-level solution.

Even worse… a potential game-changing client may sign up for a free trial (or lower tier) without you even having a chance to craft a better package and close a bigger deal.

Give this episode a quick watch, and then let me in the comments if you’re coming up against resistance to hiding your pricing.

I’ll reply back with my thoughts :)

--

Dan Martell has advised more startups than his hometown has people and teaches startup founders like you how to scale. (Get the free 3 videos to grow your business here.) He previously created, raised venture funding for and successfully exited two tech startups: Flowtown and Clarity.fm. You should follow him on twitter@danmartell for tweets that are actually awesome.

Are you an entrepreneur? Get free weekly video training here:
http://www.danmartell.com/newsletter

+ Instagram (behind the scenes): http://instagram.com/danmartell
+ Facebook (live trainings + Q&A): http://FB.com/DanMartell
+ Twitter (what I'm reading): http://twitter.com/danmartell

...more
View all episodesView all episodes
Download on the App Store

The Martell Method w/ Dan MartellBy Dan Martell

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

304 ratings


More shows like The Martell Method w/ Dan Martell

View all
The Cardone Zone by Grant Cardone

The Cardone Zone

3,899 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,804 Listeners

REAL AF with Andy Frisella by Andy Frisella #100to0

REAL AF with Andy Frisella

32,491 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,043 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,226 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,302 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,292 Listeners

The Russell Brunson Show by Russell Brunson | YAP Media

The Russell Brunson Show

893 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

668 Listeners

Next Level Podcast with Jeremy Miner by Jeremy Miner

Next Level Podcast with Jeremy Miner

144 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,126 Listeners

Dan Kennedy's Magnetic Marketing Podcast by Russell Brunson

Dan Kennedy's Magnetic Marketing Podcast

158 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

826 Listeners

Andy Elliott's Elite Mindset Motivation and Sales Training by Andy Elliott

Andy Elliott's Elite Mindset Motivation and Sales Training

155 Listeners

BigDeal by Codie Sanchez

BigDeal

712 Listeners