Is the current global Coronavirus/COVID-19 crisis, economic demands, and/or increased competition putting pressure on you and your sales team to offer price and discount concessions? Are your margins eroding and your products/services being commoditized?
If you answered yes, listen to this webcast on the “why”, “what”, “when” and “how” of integrating value-based selling or consultative selling best practices into your existing sales process. Value-selling or selling value eliminates discounts by conveying confidently—upfront and at every stage of the sales cycle—the value an organization provides to it's clients.
And, if you haven't developed value-messaging (clear, concise, practiced messaging utilized across the organization), contact our experts for a conversation on this valuable consultative selling skill.
This webcast covers topics such as:
Why would a prospect hesitate to purchase your product/services?
- Has your prospect attached adequate value to your products?
- Is your prospect sure of the return on their investment?
- Is your prospect certain of your product's value to their company?
- Do they have a comparison of their cash outlay, versus the value they will receive?
- Do they have confidence in your proposal, and in you?
How Value Statements are the key to preparing presentations and proposals that result in win-win, long-term relationships between you and your prospects
The difference between features, benefits and value statements
- Feature: A feature is a characteristic, capability, component or capacity of your product or service.
- Benefit: A benefit statement qualifies the impact of your product or service for your prospect.
- Value Statement: A value statement quantifies the impact of your product or service for your prospect.
Three types of values:
1) Financial Value represents dollar and/or new revenue opportunities for your prospect that result because of the implementation of your product and/or service
(2) Procedural Value represents efficiency and productivity increases for your prospect’s company that result because of the implementation of your product and/or service
(3) Image Value represents the enhanced reputation your prospect will gain as a result of implementing your product and/or service.
Two perspectives of values:
1) Corporate Win
2) Personal Win
What is a Value Matrix and why is important?
- Financial Value - How to identify?
- Procedural Value - How to identify?
- Personal Image Value - How to identify?
What is the Three Benefit Valuation System?
- Internal Value
- External Value
- Protection/Recovery Value
What is Product Cost Justification?
To learn more, schedule a conversation with our value based selling experts: