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"How to differentiate & sell value"
John McCormack
The days of the FAT Cats are over for now
http://www.youtube.com/watch?v=4UlV
L-0F8iQ
Responding to the new environment
"It is not the strongest of the species that survive,
nor the most intelligent, but the one most
responsive to change."
Charles Darwin (1809–1882)
English naturalist and author
“Best of times worst of times”
• Decisions taking longer
• Pressure on price and margins
• Customers demand more for less
• Low cost competition
• Increased Competition
• Increased regulation
• There are still lots of opportunities
• Your clients need advice
• Clients will pay for services that provide
value. (provide gain avoid loss)
Why clients say “YES” rather than “NO”!
Basically there are only two reasons that
move clients to action:
Desire for gain and fear of loss
Clients in control don’t buy especially in
tough times.
The fundamentals of selling
• Get information before you give information
• People prefer to buy rather than being sold to
• When you make a sale you make a living
• When you create a relationship you can make
a fortune
• When you sell on price you rent the business
• When you sell on value you own the business
• People buy when they want or need to buy
How can you Win more than your fair share?
• Know what is strategically important to your clients
– That’s all that will get funded
• Be creative: Explore ways to reduce the perception of risk
• Make sure you compete on value, not price
• Know your client’s industry
• Know your client’s business
• Know your client’s organisation
• Know your client’s issues /concerns
Listening Skills
You have 2 ears, 2 eyes and 1 mouth
You will make more sales in a month by
getting yourself interested in other people
and their issues than you can in a year by
trying to get other people interested in you.
Definitions of selling
"Selling is the process of helping
someone discover something of
value"
What is value?
BENEFITS
- COST
= VALUE
Here’s some alternative ways to think about the value
you are proposing.
New Value
How it changes the way we work
Added Value
How it enhances the way we work
Ongoing Value
How it helps keep things going
What value do customers buy?
How should we sell to them?
Getting the right information
Asking the right questions!
Who to talk to in your client’s organisations
Economic
Buyer
Technical
Buyer
User
Buyer
Coach Spoilers
Influencer Ratifies
The Johari window
Sales funnel Buying Funnel
Problem /
Opportunity
Assessment
Evaluation
Overcoming
Concerns
Decision
Questioning funnel
Is this your card?
Negotiation
Zone of Potential Agreement
http://www.youtube.com/watch?v=U33X
g91HAlo
Zone of Potential Agreement (ZOPA)
Negotiation Arena
Buyer’s Settlement Range
Seller’s Settlement Range
€0 €500
€350 €650
Buyer
Deadlock
Seller
Deadlock
Negotiation Arena = overlap of essentials
Opening stance – No Overlap
Any solution inside the arena = WIN/WIN
How do you know if you are in the Zone?
• Based on past buyer behaviour?
• Based on your past behaviour (end of qtr
deals)
• Change in tone, body language
• Language..... “We’re not quite there”
The importance of networking
The first date
• Do’s
– Be prepared
– Approach
– Ask for permission
– Give with permission
– Gain with permission
– Have a value proposition
– Seek a follow-up
– Follow up
• Don'ts
– Try to sell
– Give more than a card
– Get distracted
– Overstay your welcome
– Invade a closed group
– Never Dump
Selling as a Team
Alignment?
Being on message
Gaps create conflict. Congruence releases energy and achievement
drive.
Values
Belief
in
Solution
Commitment
to
Activities
View
of
Abilities
View
of
Sales
Value Proposition
• The American’s call this the elevator pitch
• Grabs attention
• Explains what you do for others ( him / her)
• Saves time , money, reduced risk
• Seeks a commitment from them
• Best ones are
– Memorable, repeatable, credible, unique, provable
Winning sales
• Get to know your customers, listen to them.
• Find out what your customers want and give it to them!
• Knowing your customer and their business better than the
competition
• Differentiate the experience – not just the product.
• Make service central part of your offer
• Relationship management – it’s people first
• Ensure alignment & focus on the customer
• Have the best execution possible where the customer
interfaces with the offering
Best advice
• WIN Fast
• WIN Slow
• Lose FAST
• Never ever lose SLOW
Key values of successful sales people
• Qualification
• Value focus
• Passion for customers
• Process driven
• Ruthlessly fact oriented
• Time oriented
• Seeking simplification
• Self development
• Maintaining their optimism
http://www.youtube.com/watch?v=M0sSoZHaW-E
Its not about YOU its about THEM
“Life's most urgentquestion is, whatare you
doing for others?”
Dr MartinLutherKing Jr.

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BUILTINCORK - John

  • 1. "How to differentiate & sell value" John McCormack
  • 2. The days of the FAT Cats are over for now http://www.youtube.com/watch?v=4UlV L-0F8iQ
  • 3. Responding to the new environment "It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." Charles Darwin (1809–1882) English naturalist and author
  • 4. “Best of times worst of times” • Decisions taking longer • Pressure on price and margins • Customers demand more for less • Low cost competition • Increased Competition • Increased regulation • There are still lots of opportunities • Your clients need advice • Clients will pay for services that provide value. (provide gain avoid loss)
  • 5. Why clients say “YES” rather than “NO”! Basically there are only two reasons that move clients to action: Desire for gain and fear of loss Clients in control don’t buy especially in tough times.
  • 6. The fundamentals of selling • Get information before you give information • People prefer to buy rather than being sold to • When you make a sale you make a living • When you create a relationship you can make a fortune • When you sell on price you rent the business • When you sell on value you own the business • People buy when they want or need to buy
  • 7. How can you Win more than your fair share? • Know what is strategically important to your clients – That’s all that will get funded • Be creative: Explore ways to reduce the perception of risk • Make sure you compete on value, not price • Know your client’s industry • Know your client’s business • Know your client’s organisation • Know your client’s issues /concerns
  • 8. Listening Skills You have 2 ears, 2 eyes and 1 mouth You will make more sales in a month by getting yourself interested in other people and their issues than you can in a year by trying to get other people interested in you.
  • 9. Definitions of selling "Selling is the process of helping someone discover something of value"
  • 11. Here’s some alternative ways to think about the value you are proposing. New Value How it changes the way we work Added Value How it enhances the way we work Ongoing Value How it helps keep things going
  • 12. What value do customers buy?
  • 13. How should we sell to them?
  • 14. Getting the right information Asking the right questions!
  • 15. Who to talk to in your client’s organisations Economic Buyer Technical Buyer User Buyer Coach Spoilers Influencer Ratifies
  • 17. Sales funnel Buying Funnel Problem / Opportunity Assessment Evaluation Overcoming Concerns Decision
  • 19. Is this your card?
  • 20. Negotiation Zone of Potential Agreement http://www.youtube.com/watch?v=U33X g91HAlo
  • 21. Zone of Potential Agreement (ZOPA) Negotiation Arena Buyer’s Settlement Range Seller’s Settlement Range €0 €500 €350 €650 Buyer Deadlock Seller Deadlock Negotiation Arena = overlap of essentials Opening stance – No Overlap Any solution inside the arena = WIN/WIN
  • 22. How do you know if you are in the Zone? • Based on past buyer behaviour? • Based on your past behaviour (end of qtr deals) • Change in tone, body language • Language..... “We’re not quite there”
  • 23. The importance of networking
  • 24. The first date • Do’s – Be prepared – Approach – Ask for permission – Give with permission – Gain with permission – Have a value proposition – Seek a follow-up – Follow up • Don'ts – Try to sell – Give more than a card – Get distracted – Overstay your welcome – Invade a closed group – Never Dump
  • 25. Selling as a Team
  • 27. Being on message Gaps create conflict. Congruence releases energy and achievement drive. Values Belief in Solution Commitment to Activities View of Abilities View of Sales
  • 28. Value Proposition • The American’s call this the elevator pitch • Grabs attention • Explains what you do for others ( him / her) • Saves time , money, reduced risk • Seeks a commitment from them • Best ones are – Memorable, repeatable, credible, unique, provable
  • 29. Winning sales • Get to know your customers, listen to them. • Find out what your customers want and give it to them! • Knowing your customer and their business better than the competition • Differentiate the experience – not just the product. • Make service central part of your offer • Relationship management – it’s people first • Ensure alignment & focus on the customer • Have the best execution possible where the customer interfaces with the offering
  • 30. Best advice • WIN Fast • WIN Slow • Lose FAST • Never ever lose SLOW
  • 31. Key values of successful sales people • Qualification • Value focus • Passion for customers • Process driven • Ruthlessly fact oriented • Time oriented • Seeking simplification • Self development • Maintaining their optimism http://www.youtube.com/watch?v=M0sSoZHaW-E
  • 32. Its not about YOU its about THEM “Life's most urgentquestion is, whatare you doing for others?” Dr MartinLutherKing Jr.