From the BUYERS PERSPECTIVE, you don't do anything that difficult.
I mean, c'mon, what do you REALLY do? Make a few calls, do some accounting, provide insurance, deliver consulting, find a high-yield asset ... broker a transaction ... whatever.
Phone .... Email .... EASY.
Oh, think Buyers don't see you this way ... you think you're a special snowflake?
Over the past three years I conducted in-depth studies about DEALMAKING METHODS at 20 large companies operating in a broad variety of markets, including medical, automotive, software, financial services, energy, consulting and internet.
WHAT I FOUND:
Most of these companies struggle to effectively "show customers their product".
It's sad how some of the best products in the world are so difficult to understand ... and how their features and benefits are so difficult to "see."
Of course, the companies used all the basic tools:
- pitchdecks
- and videos
- and whiteboards.
They tried hard to paint a clear picture of products and services.
(You probably deal with this too, it's a frustrating problem.)
But in the process of trying to make their services easy to understand ...
These companies really screwed up.
They made it seem as if their service was EASY TO DELIVER.
And making it look TOO EASY completely crushed their dealmaking results.
- their price negotiations were brutal
- their final sale was low-margin
WHAT I DISCOVERED THAT IMPROVED DEALMAKING RESULTS AT EVERY COMPANY I STUDIED:
1. Show buyers what you do is NOT EASY.
2. Demonstrate what you do is HARD -- show how almost no one has your capabilities.
2. Help Buyers understand their problem is NOT "going away on its own."
3. Make Sure Buyers are nervous about using an "Average Company" to solve their Very Difficult Problem.
Your Buyer must believe:
......... their problem TRIPS-UP almost everyone who tries to solve it.
No comments:
Post a Comment