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

Title: The Expansion Sale: Four Must-Win Conversations to Keep and Grow Your Customers
Author: Erik Peterson, Tim Riesterer
ISBN: 1260462757 / 978126046275
Format: Hard Cover
Pages: 256
Publisher: McGraw-Hill
Year: 2020
Availability: Send us an Email (info@standardsmedia.com) for more details

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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.

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Part I : Developing The Expansion Message
Chapter 1 : Acquisition Does Not Equal Expansion 
Chapter 2 : Expansion Messaging—Mission Critical, But Missing In Action 
Chapter 3 : Why Stay And The Psychology Behind Renewals 
Chapter 4 : Cracking The Code On The Price Increase Conversation 
Chapter 5 : Why Pay More—A Framework For Improving Your Price Increase Conversations 
Chapter 6 : Messaging For The Upsell—The Why Evolve Conversation 
Chapter 7 : The Winning Why Evolve Message Framework 
Chapter 8 : “Sorry” Shouldn’t Be The Hardest Word—Apology Science And The Expansion Sale 
Chapter 9 : The Winning Why Forgive Message Framework 

Part Ii : Delivering The Expansion Message
Chapter 10 : The Right Message At The Right Time—Mastering Situational Fluency 
Chapter 11 : Delivering The Message—Essential Skills For The Expansion Seller 
Chapter 12 : Navigating The Conversation—Advanced Skills For The Expansion Seller 
Chapter 13 : Expansion Messaging As A Commercial Strategy 
Chapter 14 : Parting Thoughts Appendix: Real-World Examples