Training on sales contracts

How many of you have ever been trained on configuring good sales contracts?


Outside of here is the pricing calculator. Go build an order form.

Training on sales contracts

Attached poll
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๐Ÿ‘‘ Sales Strategy
๐Ÿ“ˆ Closing
๐Ÿ“ณ SaaS
8
jefe
Arsonist
5
๐Ÿ
Most companies I've been at had a standard contract..

Are you required to build one out every time?

I've also had to amend and update, but not as an AE.
atx22
Catalyst
1
Enterprise Account Executive
Even with standard contracts, there are ways to maximize or configure the structure that most aren't taught. For example adding in a pure discount off a contract is bad business for ASP and expansion.

During my career, I was never provided training, but learned quickly on how to build better contracts and increase my commission.
Sunbunny31
Politicker
3
Sr Sales Executive ๐Ÿฐ
Oh, I see. You're not talking about literally building a contract. You're talking about the business structure of the deal and good negotiation tactics.
atx22
Catalyst
0
Enterprise Account Executive
Yes, probably a better way to put it. Business structure.
jefe
Arsonist
1
๐Ÿ
Ahhh, now THAT makes a lot more sense. What you were asking seemed like a nightmare for legal.

I've not had formal training, but learned a lot over the past decade+
HVACexpert
Politicker
1
sales engineer
I have both formal and informal training on this through the years, most is through experience over the years though
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
Only OTJ.
Maximas
Tycoon
0
Senior Sales Executive
Was involved once before, was a nice experience,as it helps you to better explain the product and the offer further to the prospect to have a full understanding.
Filth
Politicker
0
Live Filthy or Die Clean
I thought this was about including "product training" on a sale contract to a prospect...super confusing.
poweredbycaffeine
WR Lieutenant
0
โ˜•๏ธ
The right CPQ tool makes it simple.
punishedlad
Tycoon
0
Business Development Team Lead
Nope, we just use proposify and have templates with some parameters we're able to edit (with management approval, of course).
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