Show me the value!

01.04.12 by Jim O'Gara

There are many reasons a sales effort can fail … but ultimately sales will be less productive when you fail to quantify the value of your offering. This issue is one of the key considerations in message development: does your message really talk about things that matter to the customer?

 

Customers won’t truly care about the numerous, wonderful features or benefits of your product until you help them realize the value that impacts their circumstances. Can it deliver improved performance? Enhance the bottom line? Save money or time? Is it more enjoyable, more accurate, easier?

 

To understand the concept better, think of this example: a new car shopper probably won’t care about the flywheel and valves of your anti-lock braking system or how they enhance control in adverse conditions. But … when you show how anti-lock brakes make the car significantly safer for their family, you have their attention. Now you’re talking about something important to them.

 

How do you get to this ultimate value statement? One helpful Messaging exercise consists of inventorying each of your product or service features and their corresponding benefits. Then drill deeper to identify the powerful value — that ultimate way you can make your client’s life better. This exercise can be very thought provoking, often showing how easily we default to listing features instead of putting thought into defining the more compelling value.

 

You only have a moment to meaningfully capture and hold a time-starved prospect’s attention. Make sure you’re “spending” your message on value that really matters to the customer rather than things that matter to you. 

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