Sales
The best product doesn't always win, the product that is best positioned to sell does.
To sell is human. Trigger fear and greed to instigate movement, fuel hopes and dreams that provide direction and purpose to drive progress.
The future already exists, we just don't know how to sell it - Rory Sutherland
Contents
Strategy
Use Crypto Incentives to convert customers into word-of-mouth sales staff. Enable customers that have just passed through a challenge to sell the journey to others in return for loyalty rewards. The best person to coach/teach a person through a challenge is one that has just recently experienced passing through the same challenge.
Focus on one channel and one product until you reach $1 million in annual revenue. This allows you to refine your offering and master your marketing systems.
Sales Calls
Arm your salespeople with content that addresses your customers' concerns. Create links to relevant content for easy access.
Use the CLOSER framework for sales calls:
- Clarify,
- Label
- Overview
- Sell the vacation
- Explain concerns
- Reinforce the Decision
Advertising
Unify sales and advertising as responsibilities of one problem owner. This eliminates conflicts of interest and aligns customer acquisition efforts.
Advertise more aggressively. Most businesses underestimate how much advertising is needed for people to remember their brand and offerings.
Positioning
Focus on helping prospects buy your products by crafting an effective story.
The Challenge of Buying
Buying B2B software is often very difficult for customers because:
- The person making the purchase decision has usually never bought that type of software before.
- There are countless options that all seem similar on the surface.
- Buyers consult an average of 7 information sources before making a decision.
- 40% of B2B purchase processes end in no decision due to information overload.
What Buyers Really Want
Contrary to what many vendors provide, buyers don't want a product pitch. Instead, they want:
- Perspectives on the market
- Help comparing alternatives
- Education on issues and outcomes
- Guidance in navigating their options
The Point of View (POV) Pitch
Use a "point of view pitch" to address buyers' needs:
- Starts with your market insight
- Recognizes that buyers have choices
- Communicates pros and cons of different options
- Admits when you're not the best solution
- Describes your unique value for best-fit customers
Constructing the POV Story
The POV story should be structured as follows:
- Market insight (why you built your product)
- Alternatives available
- Gap in the market
- Value customers get from closing that gap
- How your solution addresses the gap
Key Takeaways
- Buying is extremely difficult for B2B customers.
- Sales should act as a guide, not just push features.
- A POV story helps customers make better decisions.
- Effective storytelling starts with clear positioning.
Context
- Zone of Proximal Development
- Role Expectations
- Job to be Done
- Selling Capability
- Sales Tech
- Marketing
- Strategy