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Sales Tips: 5 Steps to Quantifying Value for Buyers

By John Holland, Chief Content Officer, CustomerCentric Selling®

In initial calls it is important for sellers to conduct them in a way that helps buyers conclude they are sincere and competent. In my mind these are pre-requisites for having buyers share their business goals (or problems) so that potential value can be determined.

establish value

Once a goal has been shared, sellers should try to perform these five (5) steps to quantify value for buyers:

  1. Establish base lines. For example, if a VP of manufacturing wants to reduce scrap a seller should ask what percentage of production must be scrapped and/or what dollar amount that represents.
  1. Ask questions to determine if there is a trend and that by projecting a year ahead buyers could see increased benefits. Sellers can pose questions such as:
  • What was your percentage of scrap last year?
  • Have scrap percentages been increasing?
  1. Help buyers understand the barriers to achieving the goal that can be addressed by features or capabilities of the offering being discussed.
  1. Based upon the barriers the buyer shared, offer the specific capabilities that address them and ask if they would empower them to achieve their goal.
  1. If a buyer agrees, the seller can try to quantify benefit by asking: If you had these capabilities how much improvement do you think you could realize?

Remember: Establishing value can be a competitive differentiator.

Sellers that focus on goals, baselines, trends and quantifying improvement can instill a greater sense of urgency to take actions that can result in higher win rates.

Save the infographic below for easy reference.

INFOGRAPHIC_5 Steps to Quantifying Value for Buyers

Sales Tips: Has Your Selling Approach Changed? Your Buyer Has.

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<a href=”http://blog.customercentric.com/blog/bid/89364/sales-training-article-has-your-selling-approach-changed” title=”” class=”hs-featured-image-link”> <img src=”http://blog.customercentric.com/hubfs/buyer-center-whiteboard.png?t=1489093932032″ alt=”Sales Tips: Has Your Selling Approach Changed? Your Buyer Has.” class=”hs-featured-image” style=”width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;”> </a>
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<h1>Sales Tips: Buyers Have Changed. Has Your Sales Approach Changed?</h1>
<em><span style=”font-family: georgia, palatino; font-size: 14px; color: #152d53;”>By John Holland, Chief Content Officer, CustomerCentric Selling®</span></em>
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<span style=”font-family: georgia, palatino; font-size: 14px; color: #152d53;”>It would be hard to disagree that today’s buyers:</span>
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<li><span style=”font-family: georgia, palatino; font-size: 14px; color: #152d53;”>Leverage the Internet and social networking</span></li>
<li><span style=”font-family: georgia, palatino; font-size: 14px; color: #152d53;”>Bring sellers into buying cycles later than ever before</span></li>
<li><span style=”font-family: georgia, palatino; font-size: 14px; color: #152d53;”>Feel they know their requirements before talking to salespeople</span></li>
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Sales Tips: Critical Need for Solid Business Development Skills

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<a href=”http://blog.customercentric.com/blog/bid/77191/sales-training-article-business-development” title=”” class=”hs-featured-image-link”> <img src=”http://blog.customercentric.com/hubfs/phone-call.png?t=1489093932032″ alt=”business development” class=”hs-featured-image” style=”width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;”> </a>
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<img src=”http://track.hubspot.com/__ptq.gif?a=22968&amp;k=14&amp;r=http%3A%2F%2Fblog.customercentric.com%2Fblog%2Fbid%2F77191%2Fsales-training-article-business-development&amp;bu=http%253A%252F%252Fblog.customercentric.com%252Fblog&amp;bvt=rss” alt=”” width=”1″ height=”1″ style=”min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; “>