Practice / The Thinking · 08
Exercise 08 · The Thinking

Why Price Is Rarely the Problem

Part One

The Scenario

Marcus Lindqvist, Account Executive at Turbine Analytics, a predictive maintenance software provider for wind operators, had spent five months in a rigorous evaluation with Silje Dahl, Head of Asset Performance at Nordkraft Vind AS, an operator of four onshore wind farms in central Norway. A pilot run across two turbines through the autumn storm season had cut unplanned downtime by a measurable margin. Silje had told him, more than once, that the operations team trusted the platform.

On the final call, Silje said flatly that a competing platform had come in twenty-two percent lower, and asked what Marcus could do about it. His instinct was to defend the number. He walked her through the pricing model, the data-processing costs, the value of the uptime improvement in the pilot. She listened patiently, but he could hear the flatness returning to her voice with every sentence. He was arguing a number against a number, and numbers do not persuade on their own.

He stopped mid-explanation and asked a different question instead. "If I matched that price exactly, would you choose us?" She said yes, without hesitation. He asked why. She talked, unprompted, about the incident-response speed during the pilot, the fact that the platform already integrated with the SCADA systems the competitor would need six months to connect, and the track record with turbines from the same manufacturer as her own fleet. None of it was Marcus's language. It was hers.

He asked one more question: given what she had just described, how did she think about what the twenty-two percent actually represented for Nordkraft. She paused, genuinely this time, and said she would need to frame it that way with her own team before the next internal review. The conversation that had started as a price defence ended as something closer to a business case, and it was one she had built herself.

Marcus nearly did not ask the question that turned the call around. The instinct to defend the number was almost the whole problem. The conversation that actually worked was the one he almost talked himself out of having.

Part Two

Reflection

Question 01
Think about a recent price objection where your instinct was to defend or discount. What actually happened when you did that? Looking back, what would have happened if you had asked whether you were the preferred choice instead of justifying the number?
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Question 02
For a live negotiation where price has become a sticking point, if you asked the customer directly, "if price were equal, would you choose us," what do you believe they would say, and why? Have you actually asked, or are you assuming the answer?
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Question 03
Which differentiators do you currently rely on in price conversations that customers have stated themselves, in their own words, versus ones you have only told them about? What is the gap between the two lists?
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Part Three

Sell the Gap Canvas

Apply the Sell the Gap model to a live price objection. Build the case in the customer's own words, not yours.

Establish Preference
Ask directly: if price were equal, would this customer choose you? What is the honest answer, and what evidence, beyond your own hope, supports it?
Surface The Value
If asked what makes you the right choice, what would this customer say in their own words? List only things they have actually said, not things you have told them.
Close The Logic
Given what the customer has said they value, what does the price gap represent for their organisation? Frame this as a question for them to answer, not a conclusion you deliver.
Failure Mode Diagnosis
If the customer says the gap is not worth it, which explanation applies: a tactical negotiating position, a structural gap in who is in the room, or a genuinely under-built value case? What is the evidence for each?
The Earlier Work
If this price conversation is harder than it should be, what does that reveal about how the value case was built earlier in the process? What would you do differently in discovery on the next opportunity?
Export your work
Generate a PDF of your completed exercise. Includes your reflection answers and your Sell the Gap Canvas. Use it as preparation before any negotiation where price has become the sticking point.