Nov 082011
 

Value Proposition: Creating a Visual Value Proposition to Drive Sales Conversations

Value Proposition: By Mark Gibson on Mon, Nov 07, 2011, Via Advanced Marketing Concepts
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Tom McDonalds Comments:
This is a really powerful approach, that can easily drive the sales process forward. There are varied approaches to visualize your value proposition within your  presentation. The graphic  presentation approach I am most fond of is to  interactively include historical value delivered. Your prospect can then immediately see their numerical value proposition:
  • IV. SALES LEADERS: Customize Your Presentation Tools Using Historical Value Delivered
    • Sales: Bettered Presentation Outcomes
      • Create a Compelling Reason to Buy
        • Problem:
          • “If I could use my client’s numbers and show a ‘Snapshot’ of the value… it would help them ‘get it’. If I could do that real time, during a conversation, I’d definitely close more deals.”
        • Solution: 
          • Building the business case, not simply presenting a proposal will provide differentiation from your competitors.
          • Illustrate your value proposition for your customers using situation-specific value models. Easily calculate your client’s, bottom line savings, return on investment, net present value, and more with our fully interactive calculator, then adjust the sliders, radio controls and color alerts on the fly. It’s an outstanding aid to explain complex systems, concepts and processes.

Tom

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Connect your Value Proposition to Sales Conversations

The Visual Confection below contains a lot of information and can convey a complete understanding with minimal explanation. This is our own visual value proposition. We have integrated the following ideas, tools and methods to produce results for our clients. As you look at this series of images, think of how you could represent your own capabilities and value proposition in pictures.

 Moving the Needle to Create Sustainable Sales Improvement

Most sales training efforts fail to produce real value (dotted red line), whereas thevalue proposition goal is to move the whole quota distribution curve to the right…green curve. This is our mission.

Four Buying Cultures

There are only four buying cultures that govern the point of sales engagement in the buying process. The closer to the start of the buying process, the higher the value in the relationship and higher profit potential.value proposition

 Sales people will likely be dis-intermediated out of the Value Offered and Value Added roles in the next 5-10 years. [By 2020 over 85% of the transactions between businesses will be completed without human intervention. (Source: Gartner Group)]

Sales Professionals will be needed in value captured or outcomes-based sales and in selling discontinuous technology in value-created sales where risks and potential value are less obvious. Sales people will need to behave like consultants to be effective in engaging early in the IMPACT buying cycle.

Start with the Buyer to Create a Messaging Architecture

The place to start in the sales engagement process is with the buyer and this is marketing and sales enablement’s role. Thisvalue proposition means understanding your buyer-persona and creating messaging focused on the challenges of your buyers…not your product. This drives the Website copy, keywords, sales conversations and sales-cycle relevant communication during middle of the sales funnel process.
We use a Messaging Architecture to capture and maintain positioning pillars, win-themes (capabilities), the big-idea etc., over time. We use messaging architecture elements to create whiteboard stories that drive relevant sales conversations.

Inbound Marketing – HubSpot

The buyer-relevant messaging guides Website content development and inbound marketing messaging.  Inbound Marketing is built on the premise of creating SEO optimized, keyword-rich content that captures your capabilitiesvalue proposition and value proposition for various segments and placing it on the Website and in blog forums most likely to be visited by your ideal customers. We recommend HubSpot for this.

Buying-cycle Relevant Lead Nurturing and Messaging

HubSpot incorporates marketing automation tools to nurture leads over their life-cycle from converting from a visitor to a lead by completing a form, through to becoming a customer. The messaging we need at the start of the buying cycle is likely to be different to the messaging that we use to nurture stakeholder-buyers interest as the buying process matures. Thought leadership is important in creating effective messaging at each step in the IMPACT nurturing sequence below;

  1. Identify – What is the opportunity and what are the risks?
  2. Mentor – Who are you and why should we meet?
  3. Position – What have others achieved and will it work for us?
  4. Assessment – Does this make business sense?
  5. Case – Why should I choose you over your competitors?
  6. Transaction – Why should I do this now? 

Whiteboard Stories Engage Buyers Around their Issues

We use and recommend Whiteboardselling methodology to capture the value
proposition and enable sales and support teams to tell a compelling story and engage the buyer in true dialogue. With disciplined practice, salespeople will become expert in their ability to engage buyers over any medium and certification helps to create behavior change.

value proposition

Ongoing Development

Professional development is an ongoing process for salespeople, not a one-offvalue proposition event and we focus on communication, language and listening skill development as well as sales technique.

 

Admarco Sales and Marketing Method – A Visual Confection

value proposition

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To Discuss how these Solutions will add value for you, your organization and/or your clients, Affinity/Resale Opportunities, and/or Collaborative Efforts, Please Contact:

Tom McDonald, tsm@centurytel.net; 608-788-5144; Skype: tsmw5752

value proposition, McDonald Sales and Marketing, LLC

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