The Value Mistakes: Why Value Propositions (Usually) Don’t Work

by Bill Caskey on December 21, 2008

I work with many companies on Value–what is it and how do we give voice to it? In that work, I find many companies go about the process wrong. As sales trainers we are giving more and more attention to the role “sales message” plays in the sales process.

We find that most companies are miserable at understanding and voicing their value to customers. Here are several mistakes I don’t want you to make as you define your value.

#1  Rush Too Quickly To The Words

Teams get too hung up in the words too quickly and fail to understand the value PRIOR to putting it into words. Value/Message is like a puzzle you put together. And we can’t know how to assemble it until we get all the pieces on the table.

#2  It’s Based On The Wrong Intent

If we take a vendor mentality (bad) we will craft this with the wrong intent…we’ll craft it with the intent of selling someone something. Instead of the intent of “helping our customers solve problems and realize opportunities.” That will be the theme of our blog and podcast this year. Your value story should “attract” some and “repel” others.  It must take a stand.

#3   Sterilized Message Speaks to No One

The message becomes too sterile and intellectual–and lacks the soul of the business. People make the difference so it needs to give voice to people (prospects) not just to statistics (although they are important too). Group mission statements usually end up like that. Sales people won’t use it.

#4   Filter Through Old Thinking

Too many ‘false filters.’ This means that if we assume that a prospect only has :30 to hear the story then we’ll craft it for :30.  I don’t think Stephen King says, “I need to get this story told in 25 pages.” It’s more important that the story is compelling first–then work on how long/short it is. Prospects will carve out a lot of time to talk about themselves–not so much to talk about you.

#5  No Platitudes, Claims or Opinions

Companies make this a bullet-pointed list of claims, platitudes and opinions. That doesn’t compel a prospect to change. What compels a prospect to change from their current situation is if they feel they pay a penalty NOT to change. That’s what we need to get to.

Apple has done a great job of this. Are their pcs faster? Not sure. But you don’t find many people switching from Mac back to Dell. Once we tell this story, the prospect should either say, “How quickly can we get started with you?” Or, “This is not for us. You need to leave now.” Either answer is OK. What’s NOT OK is, “That’s very nice. Thanks for coming in.”

# 6 We Don’t Change The Game

When you’re crafting your message, that’s the time we can change the game. Instead of thinking of ourselves as a traditional category (Accountants, Trainers–whatever your category is) is there another way to describe you? Are we OK if your prospects lump us in that category? Is that what we want to be known as? Is that where we can grow and be profoundly successful? Change the game. Change the rules. And the results change

Coming in  2009

We’ll be bringing you  more content on Value and Message in 2009 beginning with a Teleseminar early in the year. If you haven’t already, sign up to be notified when there’s a new blog (upper left)–so you don’t miss it!

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

*
To prove you're a person (not a spam script), type the security text shown in the picture. Click here to regenerate some new text.
Click to hear an audio file of the anti-spam word

Previous post: A New Sales Funnel-No Sales Funnel

Next post: Free Sales Management Training