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WELCOME
WHAT
HOW
WHERE
WHO
WHEN
Routes to competitive advantage

Reduce labour costs:      Turnover divided by # of full time
                          equivalent employees = output per
                          capita. Low = labour intensive
                          business. High = knowledge
                          intensive business

Material costs reduced:   Buying power + efficiency of material
                          utilisation

Production costs:         ie, more out of the production
                          (increased yield : output from input)
                          cheaper ways of production

Marketing based route:    ie, brand power & distribution
                          (internet for example)
Routes to competitive advantage
Research & development:     Doing something that no body else
                            does or can offer at this moment in
                            time

Location advantage:         Only one of its kind in the area

Service:                    Demand a higher premium for a
                            guaranteed level of service (DHL
                            deliver to your door come hell or
                            high water by the agreed time)

Applications engineering:   Different products out of the same
                            materials, therefore producing the
                            vast bulk of your products using a
                            base of components eg; IKEA
                            furniture is made out of
                            combinations of the same
                            components, Subway sandwiches etc
EXERCISE
Unique Selling Position(s)

  I.D Key USPs in your business that customers value

If not unique : Key positions that are high on customer’s values
Unique selling position(s)



                   Competitor one        Competitor two      Competitor three


Delivery time     1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10


Available stock   1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10


Reliability       1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10


After sales       1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10
Lead generation    PROSPECTS
The Funnel
                    SUSPECTS




                   ENGAGED




                   SEGMENTED

        REFERRED               RETAINED
        BUSINESS               BUSINESS
Skills matrix

                                                          Not applicable
                                                          Needs assistance
                                                          Good performance
                                                          Internal champ
                 Rapport   Negotiation   Product     Actively   Flexible   Lead
                                         knowledge   listens               generation




PERSON 1

PERSON 2
PERSON 3
People buy people




Talk is CHEAP

Action is VALUABLE
A : Always
B : Be
C : Closing
INTRO
DIAGNOSE
PROPOSE
SELL
Moments of Truth
            [M.O.T]

“Any situation (however remote) where
ANYONE can form ANY impression on
your organisation”
INTRO [Objectives]


1. Gain personal credibility

2. Gain professional credibility

3. Form an agenda to move forwards
INTRO
DIAGNOSE
PROPOSE
SELL
Wants v Needs
Stage of change [motivation] cycle


                                Pre-contemplation




                                        Contemplation




Prochaska and DiClemente 1982
Motivation / readiness to buy
INTRO
DIAGNOSE
PROPOSE
SELL
Stage of change [motivation] cycle


                                Pre-contemplation




                                        Contemplation



                                       Preparation


Prochaska and DiClemente 1982
INTRO
DIAGNOSE
PROPOSE
SELL
Stage of change [motivation] cycle


                                Pre-contemplation




               Lapse                     Contemplation



        Maintenance                      Preparation

                                Action
Prochaska and DiClemente 1982
“If we don’t take care of the
customer……..
somebody else will”
Steps to SUCCESS

     Start with a clear view of what you are selling and why (benefits as well as
 S   features

     Understand what the market (customers) REALLY WANT (it might be
 U   different to what they need...VALUE POSITION)

     Competitor Analysis: What’s your competitive advantage and how can you
 C   defend it?

     Centre your selling activity around the customer... match your proposal to
 C   what they value

     Educate your people about selling. Everyone is selling regardless of their
     job title or role in the business. Consider the Moments of Truth. Empathise
 E   with their perception of selling and then change it

     Sincerity is the key to lasting customer relationships which can result in
     repeat business and referred business. How would you like to treated as a
 S   customer?

     Start all over again every time you sell...
 S   INTRO... DIAGNOSE... PROPOSE... SELL
w : www.expressionspartnership.com

e : s.thorpe@expressionspartnership.com

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Successful Selling Pres

  • 3.
  • 4.
  • 5.
  • 6.
  • 7. Routes to competitive advantage Reduce labour costs: Turnover divided by # of full time equivalent employees = output per capita. Low = labour intensive business. High = knowledge intensive business Material costs reduced: Buying power + efficiency of material utilisation Production costs: ie, more out of the production (increased yield : output from input) cheaper ways of production Marketing based route: ie, brand power & distribution (internet for example)
  • 8. Routes to competitive advantage Research & development: Doing something that no body else does or can offer at this moment in time Location advantage: Only one of its kind in the area Service: Demand a higher premium for a guaranteed level of service (DHL deliver to your door come hell or high water by the agreed time) Applications engineering: Different products out of the same materials, therefore producing the vast bulk of your products using a base of components eg; IKEA furniture is made out of combinations of the same components, Subway sandwiches etc
  • 9. EXERCISE Unique Selling Position(s) I.D Key USPs in your business that customers value If not unique : Key positions that are high on customer’s values
  • 10.
  • 11. Unique selling position(s) Competitor one Competitor two Competitor three Delivery time 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Available stock 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Reliability 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 After sales 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10
  • 12.
  • 13. Lead generation PROSPECTS The Funnel SUSPECTS ENGAGED SEGMENTED REFERRED RETAINED BUSINESS BUSINESS
  • 14. Skills matrix Not applicable Needs assistance Good performance Internal champ Rapport Negotiation Product Actively Flexible Lead knowledge listens generation PERSON 1 PERSON 2 PERSON 3
  • 15.
  • 16. People buy people Talk is CHEAP Action is VALUABLE
  • 17. A : Always B : Be C : Closing
  • 19. Moments of Truth [M.O.T] “Any situation (however remote) where ANYONE can form ANY impression on your organisation”
  • 20. INTRO [Objectives] 1. Gain personal credibility 2. Gain professional credibility 3. Form an agenda to move forwards
  • 23. Stage of change [motivation] cycle Pre-contemplation Contemplation Prochaska and DiClemente 1982
  • 26.
  • 27.
  • 28.
  • 29. Stage of change [motivation] cycle Pre-contemplation Contemplation Preparation Prochaska and DiClemente 1982
  • 31. Stage of change [motivation] cycle Pre-contemplation Lapse Contemplation Maintenance Preparation Action Prochaska and DiClemente 1982
  • 32. “If we don’t take care of the customer…….. somebody else will”
  • 33. Steps to SUCCESS Start with a clear view of what you are selling and why (benefits as well as S features Understand what the market (customers) REALLY WANT (it might be U different to what they need...VALUE POSITION) Competitor Analysis: What’s your competitive advantage and how can you C defend it? Centre your selling activity around the customer... match your proposal to C what they value Educate your people about selling. Everyone is selling regardless of their job title or role in the business. Consider the Moments of Truth. Empathise E with their perception of selling and then change it Sincerity is the key to lasting customer relationships which can result in repeat business and referred business. How would you like to treated as a S customer? Start all over again every time you sell... S INTRO... DIAGNOSE... PROPOSE... SELL
  • 34. w : www.expressionspartnership.com e : s.thorpe@expressionspartnership.com