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© 2017 ValueSelling Associates, Inc. All rights reserved.
This document contains proprietary information of ValueSelling Associates. Its receipt or possession does not convey
any rights to reproduce or disclose its contents or to manufacture, use, or sell anything it may describe. Reproduction,
disclosure, or use without specific written authorization of ValueSelling Associates is strictly forbidden.
Julie Thomas | President and CEO
ValueSelling Associates, Inc.
Boost Business Acumen
& Build Your Credibility
© 2017 ValueSelling Associates, Inc. All rights reserved.
At the end of today’s webinar
Go to valueselling.com > resources > webinars
to download today’s slides
© 2017 ValueSelling Associates, Inc. All rights reserved.
© 2017 ValueSelling Associates, Inc. All rights reserved.
“There are no secrets to
success. It is the result
of preparation, hard
work, and learning from
failure.”
-Colin Powell
© 2017 ValueSelling Associates, Inc. All rights reserved.
Today’s topics
Why business acumen is important
How to engage in a business conversation
The relationship between business issues
and justifying the sale
How to be a better business professional
© 2017 ValueSelling Associates, Inc. All rights reserved.
What Customers Expect
from True Partners
My industry
My problems
My business objectives
My uniqueness
FOCUS: Customer is “buying”
versus Salesperson is “selling”
Show me
that you
know me.
Solve my
problems.
Don’t push!
© 2017 ValueSelling Associates, Inc. All rights reserved.
Engage – What won’t work!
They don’t listen
They talk too much
They don’t know anything about me
They don’t follow up
They don’t tell the truth
They don’t understand what I need
They are overly aggressive
© 2017 ValueSelling Associates, Inc. All rights reserved.
Business
Acumen
Keenness
Quickness
Good Judgment
Quick Decisions
© 2017 ValueSelling Associates, Inc. All rights reserved.
Business
Literacy
Knowledge and
Understanding of
Financial
Accounting
Marketing
Operations
© 2017 ValueSelling Associates, Inc. All rights reserved.
Engage Executive Decision Makers
with these steps
Investigate Predict Prepare
© 2017 ValueSelling Associates, Inc. All rights reserved.
Gaining Knowledge and Insight
© 2017 ValueSelling Associates, Inc. All rights reserved.
Investigate
Local
information
– Business
Journals
Industry
information
– Associations
– Trade Press
– Lists
Company
Information
– Financial statements
– Executive Messages
– Analyst Reports
© 2017 ValueSelling Associates, Inc. All rights reserved.
Investigate
Research about
them and the
company/agency
Look for trends
in key financial
metrics
How does this
company describe,
manage,
and measure their
business health?
Company/
agency
website
Earnings
report
(if public)
© 2017 ValueSelling Associates, Inc. All rights reserved.
Predict
Business
Executives
Business
Goals
Business
Objectives
Business
Strategies
Business
Initiatives
© 2017 ValueSelling Associates, Inc. All rights reserved.
Problem
Combination of people, process,
and technology challenges
Business Issue
What customers need to address and
resolve to achieve business objectives
Value created by resolving business issues
Business
Objective
What customer needs to accomplish
to maintain or grow their business
© 2017 ValueSelling Associates, Inc. All rights reserved.
Value
The only thing that matters is
customer's perception of the value of
being able to resolve their business
issues; always a combination of
tangible and intangible components
Solution
Capabilities any vendor needs to
supply to enable customer to properly
address their business issues
Value is created by solving business issues
© 2017 ValueSelling Associates, Inc. All rights reserved.
Has a direct and measurable business impact
Will align to a business objective
Is timebound
Has a cost and a
corresponding value
Buyer’s perspective or articulation may vary
depending on their level within an organization
Characteristics of a business issue
© 2017 ValueSelling Associates, Inc. All rights reserved.
Justifying the sale
Tangible Business Value:
Measurable or quantifiable positive impact on the business issue.
Value
Benefit
Cost
© 2017 ValueSelling Associates, Inc. All rights reserved.
Prepare
© 2017 ValueSelling Associates, Inc. All rights reserved.
Engaging messaging to gain access
What is the likely #1 priority or challenge?
What stands in their way of contributing
to your company’s objective?
What value can you add to that process?
Correlate the research to the individual
© 2017 ValueSelling Associates, Inc. All rights reserved.
Credibility
Believable and Convincing
“Credibility is a basic survival skill.”
-Rebecca Solnit
© 2017 ValueSelling Associates, Inc. All rights reserved.
The relationship:
Knowledge Relevance
Credibility
© 2017 ValueSelling Associates, Inc. All rights reserved.
What can you do today?
Commit to staying current and relevant
Learn your buyer’s industry
Strengthen your financial literacy
Gather specific company knowledge
Identify key executives to access
“Knowledge is of
no value unless you
put it into practice.”
-Anton Chekhov
© 2017 ValueSelling Associates, Inc. All rights reserved.
Summary
We must become business professionals first,
sales professionals second
Business executives expect peer-level
value-added relationships
Investigate, predict, prepare –
all three steps are key to execution, gaining access and
creating opportunities!
Be credible: believable and convinced
© 2017 ValueSelling Associates, Inc. All rights reserved.
Questions?
© 2017 ValueSelling Associates, Inc. All rights reserved.
SAVE THE DATE!
Our next webinar will be:
Team Dynamics: Leveraging a Team
Selling Approach to Increase Revenue
Thursday, June 15 | 10:00AM PDT
© 2017 ValueSelling Associates, Inc. All rights reserved.
Follow us!
ValueSelling-AssociatesValueSellingAssoc ValueSelling Associates @Valuselling
© 2017 ValueSelling Associates, Inc. All rights reserved.
© 2017 ValueSelling Associates, Inc. All rights reserved.
The proven formula
for accelerating sales results.
Thank you
Julie Thomas
julie@valueselling.com

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Boost Business Acumen & Build Your Credibility

  • 1. © 2017 ValueSelling Associates, Inc. All rights reserved. This document contains proprietary information of ValueSelling Associates. Its receipt or possession does not convey any rights to reproduce or disclose its contents or to manufacture, use, or sell anything it may describe. Reproduction, disclosure, or use without specific written authorization of ValueSelling Associates is strictly forbidden. Julie Thomas | President and CEO ValueSelling Associates, Inc. Boost Business Acumen & Build Your Credibility
  • 2. © 2017 ValueSelling Associates, Inc. All rights reserved. At the end of today’s webinar Go to valueselling.com > resources > webinars to download today’s slides © 2017 ValueSelling Associates, Inc. All rights reserved.
  • 3. © 2017 ValueSelling Associates, Inc. All rights reserved. “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” -Colin Powell
  • 4. © 2017 ValueSelling Associates, Inc. All rights reserved. Today’s topics Why business acumen is important How to engage in a business conversation The relationship between business issues and justifying the sale How to be a better business professional
  • 5. © 2017 ValueSelling Associates, Inc. All rights reserved. What Customers Expect from True Partners My industry My problems My business objectives My uniqueness FOCUS: Customer is “buying” versus Salesperson is “selling” Show me that you know me. Solve my problems. Don’t push!
  • 6. © 2017 ValueSelling Associates, Inc. All rights reserved. Engage – What won’t work! They don’t listen They talk too much They don’t know anything about me They don’t follow up They don’t tell the truth They don’t understand what I need They are overly aggressive
  • 7. © 2017 ValueSelling Associates, Inc. All rights reserved. Business Acumen Keenness Quickness Good Judgment Quick Decisions
  • 8. © 2017 ValueSelling Associates, Inc. All rights reserved. Business Literacy Knowledge and Understanding of Financial Accounting Marketing Operations
  • 9. © 2017 ValueSelling Associates, Inc. All rights reserved. Engage Executive Decision Makers with these steps Investigate Predict Prepare
  • 10. © 2017 ValueSelling Associates, Inc. All rights reserved. Gaining Knowledge and Insight
  • 11. © 2017 ValueSelling Associates, Inc. All rights reserved. Investigate Local information – Business Journals Industry information – Associations – Trade Press – Lists Company Information – Financial statements – Executive Messages – Analyst Reports
  • 12. © 2017 ValueSelling Associates, Inc. All rights reserved. Investigate Research about them and the company/agency Look for trends in key financial metrics How does this company describe, manage, and measure their business health? Company/ agency website Earnings report (if public)
  • 13. © 2017 ValueSelling Associates, Inc. All rights reserved. Predict Business Executives Business Goals Business Objectives Business Strategies Business Initiatives
  • 14. © 2017 ValueSelling Associates, Inc. All rights reserved. Problem Combination of people, process, and technology challenges Business Issue What customers need to address and resolve to achieve business objectives Value created by resolving business issues Business Objective What customer needs to accomplish to maintain or grow their business
  • 15. © 2017 ValueSelling Associates, Inc. All rights reserved. Value The only thing that matters is customer's perception of the value of being able to resolve their business issues; always a combination of tangible and intangible components Solution Capabilities any vendor needs to supply to enable customer to properly address their business issues Value is created by solving business issues
  • 16. © 2017 ValueSelling Associates, Inc. All rights reserved. Has a direct and measurable business impact Will align to a business objective Is timebound Has a cost and a corresponding value Buyer’s perspective or articulation may vary depending on their level within an organization Characteristics of a business issue
  • 17. © 2017 ValueSelling Associates, Inc. All rights reserved. Justifying the sale Tangible Business Value: Measurable or quantifiable positive impact on the business issue. Value Benefit Cost
  • 18. © 2017 ValueSelling Associates, Inc. All rights reserved. Prepare
  • 19. © 2017 ValueSelling Associates, Inc. All rights reserved. Engaging messaging to gain access What is the likely #1 priority or challenge? What stands in their way of contributing to your company’s objective? What value can you add to that process? Correlate the research to the individual
  • 20. © 2017 ValueSelling Associates, Inc. All rights reserved. Credibility Believable and Convincing “Credibility is a basic survival skill.” -Rebecca Solnit
  • 21. © 2017 ValueSelling Associates, Inc. All rights reserved. The relationship: Knowledge Relevance Credibility
  • 22. © 2017 ValueSelling Associates, Inc. All rights reserved. What can you do today? Commit to staying current and relevant Learn your buyer’s industry Strengthen your financial literacy Gather specific company knowledge Identify key executives to access “Knowledge is of no value unless you put it into practice.” -Anton Chekhov
  • 23. © 2017 ValueSelling Associates, Inc. All rights reserved. Summary We must become business professionals first, sales professionals second Business executives expect peer-level value-added relationships Investigate, predict, prepare – all three steps are key to execution, gaining access and creating opportunities! Be credible: believable and convinced
  • 24. © 2017 ValueSelling Associates, Inc. All rights reserved. Questions?
  • 25. © 2017 ValueSelling Associates, Inc. All rights reserved. SAVE THE DATE! Our next webinar will be: Team Dynamics: Leveraging a Team Selling Approach to Increase Revenue Thursday, June 15 | 10:00AM PDT
  • 26. © 2017 ValueSelling Associates, Inc. All rights reserved. Follow us! ValueSelling-AssociatesValueSellingAssoc ValueSelling Associates @Valuselling © 2017 ValueSelling Associates, Inc. All rights reserved.
  • 27. © 2017 ValueSelling Associates, Inc. All rights reserved. The proven formula for accelerating sales results. Thank you Julie Thomas julie@valueselling.com