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In 'How
2 develop value propositions' we learned how to analyse what
we have for our customers and the envisaged benefits for different
decision-makers and influencers. This documents the 'theory' of
why our customers should buy from us, whereas our sales propositions
translate the theory into practice.
A simple equation tells us that the features of our product
/ service (facts) that deliver advantages (functions) factored
by the customer's needs and wants equal benefits (pay-off).
We could have a long list of features and advantages but with no
needs and wants the equation amounts to zero benefits. The variable
a salesperson therefore needs to work on is the definition of customer
needs and wants in relation to the previously analysed value propositions.
This simple fact is often missed by selling operations and misguided
marketing departments who believe that value propositions should
be pitched via laptop presentations and alike without paying due
attention to the need / want definition that should precede it.
As someone once said: "Presenting is not selling". So,
how do we make our value propositions bite?
First of all we should anticipate the potential needs and wants
of the decision-maker and influencers we are selling to in relation
to each of our value propositions. For example: if we are selling
laptop computers and one of our value propositions is 'easy to carry',
the user buyer (e.g. a salesperson) may have a need to carry a laptop
around town and want to avoid an aching back. The finance director
may have a need to ensure that no claims arise from back injury
in the workforce. The chart below shows how this analysis can lead
us into generating the questions we need to ask to engage the customer
in the true value of our propositions:
|
Feature
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Advantage
|
Proof
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Questions to ask
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| Salesperson - weighs 1kg |
Easy to carry, no back pain
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Demo
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How heavy is your current laptop and what
strain does it put on your back?
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| Finance director - weighs
1kg |
Easy to carry, no litigation problems
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Case study
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What is the risk of employment health and
safety litigation as a result of back injury claims?
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Using this methodology to complete the questions for all features
and advantages for all decision-makers and influencers, the (very)
long list of questions need to be organised into some common themes.
For example:
- Safety
- Ease of use
- Productivity
- Quality
- Efficiency
- Profitability
- Winning customers
- Managing people
Each theme can then be 'kicked off' during a customer / prospect
meeting by a broad question such as:
- "What are your aims for winning new customers?"
Once this 'gutty' but productive task is completed, the information
needs to be stored either via hard copy or electronically on your
Intranet.
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