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Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Date post: 18-Dec-2015
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Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:
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Page 1: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Paint-the-Picture®Refine your Sales ProcessSRi, Sales Workshop on:

Page 2: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Goals of Paint-the-Picture®

Establish yourself as an expert

Know what you’re selling- Up & down

Must be able to add value in front of the customer

Answer questions, set-up questions to lead

prospect down the right path

Grab attention- Plant the seed and call for action

Inform the prospect of a pain/product/solution they didn't know existed

Offer promise of business value

Goal: Get a meeting, create an opportunity and close to the next step

Your credibility is won or lost very quickly here

Can you compellingly paint the picture of your product/solution within 20 seconds or less to prompt the prospect to act?

Page 3: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Business Pains, Benefits, Bold Claims& Value Propositions What Are Business Pains?

Prospect is experiencing the loss of time, status, risk or

money

High-level Use this pain to get your foot in the door with the

prospect

Tactical Individualize the pain for the prospect and further

their interest in finding a solution

Examples of a business pain: Money & opportunity costs

Poor functionality of current solution

Reduced efficiency or productivity

Page 4: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Business Pains, Benefits, Bold Claims& Value Propositions What Are Business Benefits?

Prospect is gaining time, status, risk or money

High-level Overview of basic business benefits that most decision makers

can relate to

Further the sale and buy time and interest

from the prospect

Tactical benefits Resonate with client because they are

individualized and customized

Example of benefits: Reduced costs

Improved functionality of solution

Page 5: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Business Pains, Benefits, Bold Claims& Value Propositions What Are Bold Claims and Value Props?

Bold claims should contain one or more of the following elements: Specificity – Lists specific pains relieved by specific benefits

Quantifiable – Includes a metric (i.e. Time Savings)

Client Success Reference – Identifies the credibility of the statement

A Differentiator – Explains why your company is unique from its competitors

Value props should consider the following elements: Market – Which market is the value prop created for?

Experience – What the does the market care about most?

Offering – Which products/services are being offered?

Benefits – How will the market gain from the product/service

Differentiation – What alternatives does the market have to the product/service?

Proof – What evidence can you provide for credibility of your value prop

Page 6: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Your Company’s Business Pains

Add business pains here

Page 7: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Your Company’s Business Pain Activity

What are the top 5 business pains we can get the most market share, most revenue, and most leverage from?

Mark these 1-5, 1 being the strongest business pain to resonate with your prospect

What are the weakest 3 business pains that don’t really resonate with the prospect?

Mark these A-C, A being the weakest pain that doesn’t resonate with your prospect

Put them in the appropriate quadrant (I-IV)

Page 8: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

The SRi Quadrant: Your Company’s Business Pain

Need to Have/Niche

Bus

ines

s Im

pact

Must Have/Spot on

No Way Nice to Have/Needs Work

Market Appeal

Page 9: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Your Company’s Business Benefits

Add business benefits here

Page 10: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Your Company’s Business Benefit Activity

What are the top 5 business benefits we can get the most market share, most revenue, and most leverage from?

Mark these 1-5, 1 being the strongest benefit to resonate with the prospect

For each business benefit, state who in the decision hierarchy would benefit most.

Put them in the appropriate quadrant (I-IV)

Page 11: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

The SRi Quadrant: Your Company’s Business Benefits

Need to Have/Niche

Bus

ines

s Im

pact

Must Have/Spot on

No Way Nice to Have/Needs Work

Market Appeal

Page 12: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Your Company’s Bold Claims & Value Propositions Add bold claims and value propositions here

Page 13: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Elevator Pitches

What is an Elevator Pitch?

An elevator pitch is a prepared communication tool used to quickly provide a decision maker with a compelling case for why your services add enough value that the decision maker will want to learn more

An effective elevator pitch should be brief, understandable, credible, persuasive and relevant

If it can be backed up with convincing metrics, the elevator pitch is even more effective

Why we use Elevator Pitches

To make a bold claim that differentiates your company from your competitors

To better aim your targeted pitch to a specific audience

To demonstrate that your company understands the decision maker’s needs

Page 14: Paint-the-Picture® Refine your Sales Process SRi, Sales Workshop on:

Sample Elevator Pitches for Your Company

1. Add sample elevator pitches here

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