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FACE THE FUTURE – GROW
THROUGH THE CHALLENGES


    Winning consultancy
        Calvert Markham
Elevation Learning
• Formed in 1989
• Training for knowledge based businesses: thousands of consultants
  and hundreds of practices
• Faculty are experienced management consultants
• Working in UK and rest of world
• Approved CMI centre
• Won “Most outstanding centre” for the last two years
Today’s big
         questions
• Is there any business out
  there?
• How do I get it?
Which translates to
•   Who am I and what am I selling?
•   How can I sell my services better?
Observation 1
•     Who am I and what am I selling?
•     How can I sell my services better?


    If you are not clear about what you are
    selling, it’s difficult for people to buy it!
FAB language
The language we use in describing our proposition
when orientated to.....
Our services     The generic needs     The specific needs
                 and wants of          and wants of a client
                 clients (defined by   (defined by buyer)
                 seller)



  Features         Advantages              Benefits
Observation 2
•    Who am I and what am I selling?
•    How can I sell my services better?


    In consulting, the value of the
    proposition is related to the client’s
    perception of the consultant
Creating your own
         brand
“Your brand is what people say about you when you are
not in the room.”

                 Jeff Bezos, quoted in: Brand you

“…tomorrow’s worker is going to operate more like an
independent small company than a traditional employee.
This is whether or not they are an employee. So self
knowledge is going to be important.”

                William Bridges: Redefining work
People as brands
Core story
1. We are a large, well established, specialist
   training company
   – Supporting facts
   – What this means
   – Illustration
2. We design and deliver high quality
   development programmes
3. We work internationally across all sectors
4. We are highly regarded by our clients
5. Our consultants are first rate trainers and
   developers
6. We have a significant impact on individual
   and corporate performance
Which translates to
•   Who am I and what am I selling?
•   How can I sell my services better?
Observation 3
The average consultant is a
reluctant sales person

BUT

"The service firms represented by
true professionals (i.e. those who
can do the work) are far more
valuable to their clients than those
represented by professional
salesmen"
From: How to Buy/Sell Professional Services Warren Wittreich - Harvard Business Review
Fear of rejection



                       Will she say “no”?




Will you dance with me?
Observation 4
• The more time you spend selling, the
  more you sell
• But it is easy to be a busy fool!
Key activities
• Conversion: the skill and success involved in moving to the next
  stage of the process

and

• Qualification: Choosing which opportunities to follow up at each
  stage of the selling process
The need for
      extrinsic selling
I don't know you. I don't know
your company. I don't know
your product or services or
how they can help me. I don't
know your track record or
who your other customers are.
Now, what did you want to
sell me?
Different types of
        selling
                                        Intrinsic selling


          Extrinsic selling


   Time


Extrinsic selling: Do I want to do business with this person?
Intrinsic selling: Is this a piece of business I want to do?
Observation 5
• Not all salespeople are heroes
Customer
              situations
                        Complexity of
                        purchasing decision
                               Hi        Sale requires an involved effort
                                         over an extended period of time

                                                                 Experience and expertise
                                                                 of customer
     Lo                                                          Hi
Customer needs a lot of help                                   Customer familiar with product
from salespeople                                               and can competently buy it and
                                                               use it


                                         Sale can be made in one or two
                                         contacts with customer
                                    Lo                  Based on “Selling the wheel”, Cox & Stevens
Customers
                          Complexity of
                          purchasing
                          decision
                              Hi
Are buying state of the art             Are making a complex purchase
Are first time buyers                   Are knowledgeable

                                                                         Experience and
      Lo                                                      Hi         expertise of
                                                                         customer

Want to be first                        Want a standard product
Have no experience                      Are buying what everyone else
                                        buys

                                               Based on “Selling the wheel”, Cox & Stevens
                                   Lo


               Based on “Selling the wheel”, Cox & Stevens
Sales people
                         Complexity of
                         purchasing
                         decision
                               Hi
The Wizard                               The Fixer
Enjoys creating solutions                Hard working in building and
Enjoys the technical aspects             maintaining relationships
and their application                                                      Experience and
     Lo                                                         Hi         expertise of
                                                                           customer

The Closer                               The Store Manager
High                                     Easy-going
energy, extroverted, charming            Good team manager
Big-time need to succeed
                                                 Based on “Selling the wheel”, Cox & Stevens
                                    Lo
Selling style
                         Complexity of
                         purchasing
                         decision
                            Hi
Knowledge is your most                Be your client’s strongest ally
important asset

                                                                           Experience and
     Lo                                                       Hi           expertise of
                                                                           customer

Build the dream                       Make it easy for the client to buy




                                              Based on “Selling the wheel”, Cox & Stevens
                                 Lo
The sales funnel
...is like a leaky pipeline. Opportunities can arise



                                       Tender
     Suspect          Prospect                         Proposal
                                       invited



  …and disappear at any stage                                     Sale or
                                                                  turn-down
 •   Performance: better qualification and conversion at each
     stage
 •   Value: using this to gather intelligence and build
     relationships at each stage
Where business
           comes from
            Sell-on business

Most business is
repeat business




                                           New sales


                               Referrals
Typical dragons of
         selling
• Promotion:
   – The dragon of call reluctance
• Prospection:
   – The dragon of self doubt
• Proposition design:
   – The dragon of falling in love with your solution
• Pitching:
   – The dragon of self obsession
And finally...
• Selling consultancy is about
  making it easy for people to
  buy
• When you’re not talking,
  you’re not screwing up
Contact details

      Calvert Markham
      •   www.elevationlearning.co.uk
      •   calvert.markham@elevationlearning.co.uk
      •   +44 (0) 20 8642 9568
      •   Twitter: http://twitter.com/ElevationLearn
      •   Blog: www.elevationlearning.wordpress.com

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Winning Consultancy

  • 1. FACE THE FUTURE – GROW THROUGH THE CHALLENGES Winning consultancy Calvert Markham
  • 2. Elevation Learning • Formed in 1989 • Training for knowledge based businesses: thousands of consultants and hundreds of practices • Faculty are experienced management consultants • Working in UK and rest of world • Approved CMI centre • Won “Most outstanding centre” for the last two years
  • 3. Today’s big questions • Is there any business out there? • How do I get it?
  • 4. Which translates to • Who am I and what am I selling? • How can I sell my services better?
  • 5. Observation 1 • Who am I and what am I selling? • How can I sell my services better? If you are not clear about what you are selling, it’s difficult for people to buy it!
  • 6. FAB language The language we use in describing our proposition when orientated to..... Our services The generic needs The specific needs and wants of and wants of a client clients (defined by (defined by buyer) seller) Features Advantages Benefits
  • 7. Observation 2 • Who am I and what am I selling? • How can I sell my services better? In consulting, the value of the proposition is related to the client’s perception of the consultant
  • 8. Creating your own brand “Your brand is what people say about you when you are not in the room.” Jeff Bezos, quoted in: Brand you “…tomorrow’s worker is going to operate more like an independent small company than a traditional employee. This is whether or not they are an employee. So self knowledge is going to be important.” William Bridges: Redefining work
  • 10. Core story 1. We are a large, well established, specialist training company – Supporting facts – What this means – Illustration 2. We design and deliver high quality development programmes 3. We work internationally across all sectors 4. We are highly regarded by our clients 5. Our consultants are first rate trainers and developers 6. We have a significant impact on individual and corporate performance
  • 11. Which translates to • Who am I and what am I selling? • How can I sell my services better?
  • 12. Observation 3 The average consultant is a reluctant sales person BUT "The service firms represented by true professionals (i.e. those who can do the work) are far more valuable to their clients than those represented by professional salesmen" From: How to Buy/Sell Professional Services Warren Wittreich - Harvard Business Review
  • 13. Fear of rejection Will she say “no”? Will you dance with me?
  • 14. Observation 4 • The more time you spend selling, the more you sell • But it is easy to be a busy fool!
  • 15. Key activities • Conversion: the skill and success involved in moving to the next stage of the process and • Qualification: Choosing which opportunities to follow up at each stage of the selling process
  • 16. The need for extrinsic selling I don't know you. I don't know your company. I don't know your product or services or how they can help me. I don't know your track record or who your other customers are. Now, what did you want to sell me?
  • 17. Different types of selling Intrinsic selling Extrinsic selling Time Extrinsic selling: Do I want to do business with this person? Intrinsic selling: Is this a piece of business I want to do?
  • 18. Observation 5 • Not all salespeople are heroes
  • 19. Customer situations Complexity of purchasing decision Hi Sale requires an involved effort over an extended period of time Experience and expertise of customer Lo Hi Customer needs a lot of help Customer familiar with product from salespeople and can competently buy it and use it Sale can be made in one or two contacts with customer Lo Based on “Selling the wheel”, Cox & Stevens
  • 20. Customers Complexity of purchasing decision Hi Are buying state of the art Are making a complex purchase Are first time buyers Are knowledgeable Experience and Lo Hi expertise of customer Want to be first Want a standard product Have no experience Are buying what everyone else buys Based on “Selling the wheel”, Cox & Stevens Lo Based on “Selling the wheel”, Cox & Stevens
  • 21. Sales people Complexity of purchasing decision Hi The Wizard The Fixer Enjoys creating solutions Hard working in building and Enjoys the technical aspects maintaining relationships and their application Experience and Lo Hi expertise of customer The Closer The Store Manager High Easy-going energy, extroverted, charming Good team manager Big-time need to succeed Based on “Selling the wheel”, Cox & Stevens Lo
  • 22. Selling style Complexity of purchasing decision Hi Knowledge is your most Be your client’s strongest ally important asset Experience and Lo Hi expertise of customer Build the dream Make it easy for the client to buy Based on “Selling the wheel”, Cox & Stevens Lo
  • 23. The sales funnel ...is like a leaky pipeline. Opportunities can arise Tender Suspect Prospect Proposal invited …and disappear at any stage Sale or turn-down • Performance: better qualification and conversion at each stage • Value: using this to gather intelligence and build relationships at each stage
  • 24. Where business comes from Sell-on business Most business is repeat business New sales Referrals
  • 25. Typical dragons of selling • Promotion: – The dragon of call reluctance • Prospection: – The dragon of self doubt • Proposition design: – The dragon of falling in love with your solution • Pitching: – The dragon of self obsession
  • 26. And finally... • Selling consultancy is about making it easy for people to buy • When you’re not talking, you’re not screwing up
  • 27. Contact details Calvert Markham • www.elevationlearning.co.uk • calvert.markham@elevationlearning.co.uk • +44 (0) 20 8642 9568 • Twitter: http://twitter.com/ElevationLearn • Blog: www.elevationlearning.wordpress.com