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© 2014 AIPMM www.aipmm.com
AIPMM Webinar Series
www.aipmm.com
© 2014 AIPMM www.aipmm.com
© 2014 AIPMM www.aipmm.com
Follow: @AIPMM @SteveRankel
@hmdelcastillo
Use: #AIPMM #ProdBOK
Tweet!
© 2014 AIPMM www.aipmm.com
Participate and Win!
Must be present to win!
One lucky winner will get a free copy of
the Guide to the Product Management and
Marketing Body of Knowledge (ProdBOK®)
© 2014 AIPMM www.aipmm.com
Moderator:
Hector Del Castillo, CPM, CPMM @hmdelcastillo
Today’s Speaker
Presenter:
Steve Rankel
President
RJR Venture Group
781-760-2070
@SteveRankel
steve@rjrventuregroup.com
www.rjrventuregroup.com
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Finding the Elusive
Killer Value Proposition
Steve Rankel, President
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Successful Selling Is About…
What you TELL THEM
Getting people’s
ATTENTION
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Do Your Salespeople Sound Like This…
“we provide enterprise-class, best-of-breed,
productivity solutions that maximize your ROI for
mission-critical initiatives and drive bottom-line
results in support of your corporate objectives.”
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
How Would You Respond to that?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Guess who this is?
“We provide superior gastroenterological
experiences, through superior dough- sauce- and
cheese-combination technology for maximizing
gastronomic pleasure during mission-critical play
initiatives, with a service-level agreement.”
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
1. Have you done quantifiable research to identify and validate
the value proposition that DOES matter to your customers,
resonates with them, and answers their critical questions when
they consider buying?
2. When you listen to the language you use to communicate
your product – how well does it match what resonates best
with customers?
Two Questions:
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
What is a KVP?
A crystal clear statement of how your product or service:
Presented in a compelling way that gets you to the next step…
2. Delivers some benefit
3. Improves their situation
1. Solves a customer’s problem
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
And… ALL THE SUPPORTING STUFF!
Case Studies
Expert Guides
White Papers
Website Copy
Sales Scripts
Sales Training
Marketing Content
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
What Question Does a Killer Value Proposition Answer?
The MOST important question in sales & marketing:
Why should I buy from you, instead of any other
option I have, including the option of doing nothing?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
The Numbers…
10
30,000
1
Ex: Huthwaite
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
What is Value?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Is This Value?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Or This?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
It Depends.
Recliner, Cairo
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
What Does YOUR MARKET Value?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
It’s right here…
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Case Study: IT & Web Consulting
High end websites & intranets
Design, functionality, on-time delivery
Very strong reputation with customers
Value Prop:
• Before customer interviews:
– Value: better websites
– Wrong!
• After customer interviews:
– Peaceful
– Single point of contact
– Trust them
– Accessible
– No emergencies, blackouts, blowups
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Case Study: Healthcare / Medical Billing
Highly competitive space
Price used as a competitive advantage
Value Prop:
• Before customer interviews:
– ROI
– Increased profits!
• After customer interviews:
– Trusted advisors
– Do what they say
– Peace of Mind
– Transition
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Building Your KVP
=SALES
PROCESS
Killer Value
Proposition
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
What Will You Do?
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Value Prop Secrets – July 9th
Building with the pros
Invitation-only Webinar… AIPMM Members ONLY
KVP Insider Secrets
• KVP No-no’s
• Examples of good and bad value propositions
• Pitfalls
• Demonstration of KVP Tools
• Hands-on Q&A
Register now: http://bit.ly/1iN4giM
— © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
Value Prop Toolkit/Online Learning Tool
For AIPMM Members – $69
Includes:
• KVP Toolkit
• KVP Case Studies
• KVP XLS spreadsheets / KVP builder tools
• Value Proposition Jumpstart session
• KVP Videos
http://aipmm.io/kvpkit
© 2014 AIPMM www.aipmm.com
Moderator:
Hector Del Castillo, CPM, CPMM @hmdelcastillo
Q & A
Presenter:
Steve Rankel
President
RJR Venture Group
781-760-2070
@SteveRankel
steve@rjrventuregroup.com
www.rjrventuregroup.com
© 2014 AIPMM www.aipmm.com
Join AIPMM!
For a limited time, get a
one-year AIPMM
membership when you
purchase a copy of the
Guide to the Product
Management and Marketing
Body of Knowledge
(ProdBOK®). Learn more
here: http://bit.ly/1iUknEx.
© 2014 AIPMM www.aipmm.com
Please Join Us Again!
Insider Secrets to Building a Distinctive / Killer Value Proposition July 9th
Why You Should Conduct User Research July 11th
AIPMM Webinar Series:
http://aipmm.com/aipmm_webinars
Global Product Management Talk
http://www.blogtalkradio.com/prodmgmttalk
Call For Speakers: http://www.boldpm.com/call_for_speakers
Topic Suggestions: support@aipmm.com
Announcements: http://www.aipmm.com/subscribe
LinkedIn: http://www.linkedin.com/company/aipmm
Membership: http://www.aipmm.com/join.php
Certification: http://aipmm.com/html/certification/

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Finding Your Distinctive Value Proposition!

  • 1. © 2014 AIPMM www.aipmm.com AIPMM Webinar Series www.aipmm.com
  • 2. © 2014 AIPMM www.aipmm.com
  • 3. © 2014 AIPMM www.aipmm.com Follow: @AIPMM @SteveRankel @hmdelcastillo Use: #AIPMM #ProdBOK Tweet!
  • 4. © 2014 AIPMM www.aipmm.com Participate and Win! Must be present to win! One lucky winner will get a free copy of the Guide to the Product Management and Marketing Body of Knowledge (ProdBOK®)
  • 5. © 2014 AIPMM www.aipmm.com Moderator: Hector Del Castillo, CPM, CPMM @hmdelcastillo Today’s Speaker Presenter: Steve Rankel President RJR Venture Group 781-760-2070 @SteveRankel steve@rjrventuregroup.com www.rjrventuregroup.com
  • 6. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Finding the Elusive Killer Value Proposition Steve Rankel, President
  • 7. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Successful Selling Is About… What you TELL THEM Getting people’s ATTENTION
  • 8. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Do Your Salespeople Sound Like This… “we provide enterprise-class, best-of-breed, productivity solutions that maximize your ROI for mission-critical initiatives and drive bottom-line results in support of your corporate objectives.”
  • 9. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales How Would You Respond to that?
  • 10. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales
  • 11. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Guess who this is? “We provide superior gastroenterological experiences, through superior dough- sauce- and cheese-combination technology for maximizing gastronomic pleasure during mission-critical play initiatives, with a service-level agreement.”
  • 12. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales 1. Have you done quantifiable research to identify and validate the value proposition that DOES matter to your customers, resonates with them, and answers their critical questions when they consider buying? 2. When you listen to the language you use to communicate your product – how well does it match what resonates best with customers? Two Questions:
  • 13. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales What is a KVP? A crystal clear statement of how your product or service: Presented in a compelling way that gets you to the next step… 2. Delivers some benefit 3. Improves their situation 1. Solves a customer’s problem
  • 14. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales And… ALL THE SUPPORTING STUFF! Case Studies Expert Guides White Papers Website Copy Sales Scripts Sales Training Marketing Content
  • 15. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales What Question Does a Killer Value Proposition Answer? The MOST important question in sales & marketing: Why should I buy from you, instead of any other option I have, including the option of doing nothing?
  • 16. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales The Numbers… 10 30,000 1 Ex: Huthwaite
  • 17. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales What is Value?
  • 18. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Is This Value?
  • 19. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Or This?
  • 20. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales It Depends. Recliner, Cairo
  • 21. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales What Does YOUR MARKET Value?
  • 22. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales It’s right here…
  • 23. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Case Study: IT & Web Consulting High end websites & intranets Design, functionality, on-time delivery Very strong reputation with customers Value Prop: • Before customer interviews: – Value: better websites – Wrong! • After customer interviews: – Peaceful – Single point of contact – Trust them – Accessible – No emergencies, blackouts, blowups
  • 24. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Case Study: Healthcare / Medical Billing Highly competitive space Price used as a competitive advantage Value Prop: • Before customer interviews: – ROI – Increased profits! • After customer interviews: – Trusted advisors – Do what they say – Peace of Mind – Transition
  • 25. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Building Your KVP =SALES PROCESS Killer Value Proposition
  • 26. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales What Will You Do?
  • 27. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Value Prop Secrets – July 9th Building with the pros Invitation-only Webinar… AIPMM Members ONLY KVP Insider Secrets • KVP No-no’s • Examples of good and bad value propositions • Pitfalls • Demonstration of KVP Tools • Hands-on Q&A Register now: http://bit.ly/1iN4giM
  • 28. — © RJR Venture Group LLC. All rights reserved.—Marketing for Sales Value Prop Toolkit/Online Learning Tool For AIPMM Members – $69 Includes: • KVP Toolkit • KVP Case Studies • KVP XLS spreadsheets / KVP builder tools • Value Proposition Jumpstart session • KVP Videos
  • 30. © 2014 AIPMM www.aipmm.com Moderator: Hector Del Castillo, CPM, CPMM @hmdelcastillo Q & A Presenter: Steve Rankel President RJR Venture Group 781-760-2070 @SteveRankel steve@rjrventuregroup.com www.rjrventuregroup.com
  • 31. © 2014 AIPMM www.aipmm.com Join AIPMM! For a limited time, get a one-year AIPMM membership when you purchase a copy of the Guide to the Product Management and Marketing Body of Knowledge (ProdBOK®). Learn more here: http://bit.ly/1iUknEx.
  • 32. © 2014 AIPMM www.aipmm.com Please Join Us Again! Insider Secrets to Building a Distinctive / Killer Value Proposition July 9th Why You Should Conduct User Research July 11th AIPMM Webinar Series: http://aipmm.com/aipmm_webinars Global Product Management Talk http://www.blogtalkradio.com/prodmgmttalk Call For Speakers: http://www.boldpm.com/call_for_speakers Topic Suggestions: support@aipmm.com Announcements: http://www.aipmm.com/subscribe LinkedIn: http://www.linkedin.com/company/aipmm Membership: http://www.aipmm.com/join.php Certification: http://aipmm.com/html/certification/