Sales Negotiations and Relationships in the Technical Services Industry

Increasing Relationships and Revenue through Sales Negotiations for a Technical Services Company

Client Case Study

Situation

This global leader in computer and technical services wanted to increase the quality of relationships to drive better long term results.  They believed that the key to profitability involved both selling effectively and negotiating a favorable outcome for both the buyer and the seller.

 

Complications

  • Competitive Positioning:  Increased competition and price negotiations during the sales process

Approach

  1. Identified the key sales negotiations metrics to move.
  2. Designed and delivered a customized two-day sales negotiations training session targeting the key negotiation skills related to those metrics.
  3. Followed a proven 12-week sales performance negotiations performance coaching process.
  4. Measured the results.

Results

  • 11x increase in client collaboration
  • 71% increase in “cooperative” client accounts
  • 92% decrease in competitive positioning

Related Information

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At the onset of our engagement with LSA, I was skeptical that an outside firm would be able to understand and dissect our organization’s highly complex and technical business challenges.

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We selected LSA over a handful of other experts to assist with a key sales leadership imperative. LSA added value every step of the way throughout the entire engagement. Their customized approach to sales presentation training exceeded expectations, and we are excited about global implementation across our offices in more than 100 countries.

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We originally engaged with LSA Global to help our subcontract administrators and buyers develop better negotiations skills. As manufacturers of satellites, we have many sole source companies to procure the required parts.

Our teams must be able to interact effectively with international companies. This environment uniquely challenges our team in their ability to create equitable contracts, while preserving and strengthening our supplier relationships.

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Senior Director, Training & Development

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ServiceSource has relied on LSA Global’s expertise for a variety of core initiatives, from strategy design and implementation, to business sales skills, to sales coaching. We recently engaged LSA Global to create a competency matrix for our inside sales team that will serve as our roadmap for employee on-boarding, development, succession planning, and retention.

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PMO and Outside Sales Operations
Senior Vice President

Service Source

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