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Philippe,
Thank you for your continued interest in our
Newsletter. We welcome your thoughts, comments,
and suggestions. Email us at lavie@keyroad.com.
Good reading.
As we start 2005, allow me, on behalf of all of us at
KeyRoad, to wish you a great year, with health,
success, peace, and happiness.
| Are you able to differentiate your offering from that of your competitors?... |
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Do you know how your messaging is perceived by
potential customers? Do you know what makes your
prospect want to buy from you? What I have found
in my many years in sales is that a well-described
value proposition is what makes a company unique,
differentiated, and sustainable. Only those companies
that can accurately articulate what it is they offer to
help customers achieve their goals, solve their
problems, or satisfy their needs, are able to have a
well-scripted value proposition.
Only when the customer/prospect says and believes
that what you offer can help them, can say you
have a valued and valuable proposition.
Simply describing what your offering does, or the
benefits it can generate, will not be enough.
Describing HOW "it" (your offering) would do what
you say "it" does, and WHAT "it" can do for your
prospect's business, has become paramount in
significantly enhancing the chances of your
customers buying from you.
Salespeople can deliver any message that you give
them. However, they cannot create it on the fly.
Therefore, they need to be armed with the tools and
training necessary to create it and deliver it.
In addition, are your sales people (and prospects)
able to visit your website, read your collateral, or
listen to your inside sales people and get the
business issues faced by your clients? Could they
determine how to position your offering in a way that
addresses these business issues?
Here are two examples I collected on public websites
to illustrate how difficult messaging can be.
Following each of the original website descriptions, I
created a more effective "customer-centric" way of
delivering the message.
Example One:
- Seller-Centric: At XYZ Software
we "accelerate the development and deployment of
operational excellence and real-time performance
management applications providing global
manufacturers a sustainable competitive advantage."
Our software does this and I want to know if you are
interested.
- Customer-Centric: At XYZ Software, we
help manufacturing companies meet production
schedules, reduce inventories, and reduce equipment
maintenance costs. We do this by combining all of
their supply chain data into a single web-based view,
so that they can act on the data more quickly. I'd
like to learn more about your manufacturing
environment and then we can decide if it makes
sense to talk further about what we do.
Example Two:
- Seller-Centric: I wanted to let you know
that "only our company software provides product
development solutions, expert consulting and
innovative technology." We empower small to mid-
sized companies with the ability "to design innovative
products, improve your engineering process and
competitively manufacture in today's global
economy." Would you be interested in learning more
about what we do?
- Customer-Centric: Our software is used
throughout the product development process to help
designers create or modify designs more quickly and
reduce errors, so that products can get to market
faster. Would you be open to helping me understand
your current product development process? Once we
do that, I'll be in a better position to point out
specific capabilities of our software that are relevant
to your environment.
One element in messaging is the use of "descriptive"
words that appear in most collateral like, "the leading
provider"," the most innovative developer ", "the
most reliable, robust, integrated, state of the art"
or "the key".
You might think these words sound impressive or
enticing, but they do not help your prospects
understand how they can use your offering to help
them achieve their goals or address their challenges.
Although these phrases sound attractive, they are
self serving, internally focused and marketing hype
descriptions that prospects really could care less
about. More importantly, it does nothing to help your
sales people learn how to deliver your value
proposition.
Click here to learn how
Raytheon incorporated messaging into effective sales
tools...
Are you intrigued enough to consider assessing
whether your collateral, web site, and messaging are
as effective as they can be? In exchange for a
conversation about your sales and marketing
activities, I am offering 30 minutes of my consulting
time to review and provide you with a verbal
assessment of your website and one piece of
collateral.
If you want to learn more about how we have helped
our clients address these and other sales issues,
please give me a call at 415-229-9226 or, drop me
an e-mail and I'll call your administrative assistant
and arrange for a mutually agreeable time for us to
speak.
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| 2004 was a great year... |
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Thanks to our many clients and references, we have
had a great year in 2004. We have seen our clients
improve their predictability in pipeline by 75%,
increase revenue directly attributed to our services
by 25% to 43%, an increase in average selling price
and transaction value by 45%, and a 3% response
rate on prospecting campaigns.
Our company doubled its revenue from 2003 and saw
engagements across the entire USA. We worked in
diverse industries including high tech (software, web
services, hardware, and services), bio tech, retail
and distribution, manufacturing, and then some. On
the personal front, our founder, Philippe Lavie, and
his wife Carol, celebrated the birth of their twins,
Margot and Benjamin, Thanksgiving morning. Philippe
and Carol are very appreciative to all the wonderful
wishes and gifts sent to celebrate their arrival. All
are healthy, although the parents are somewhat
sleep deprived.
2005 has started full pace, and we look forward to
working with you to make your business more
successful.
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| Newest white paper... |
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Don't forget to check this month's white paper: "The
Source of Future Growth. It's your people, not your
processes. But you won't tap employees' potential if
you manage them like machines", courtesy of Glenn
Phelps
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| CustomerCentric Selling® book... |
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McGraw Hill best seller: CustomerCentric Selling®,
written by Michael Bosworth and John Holland, is in
its second print. Clearly, the sales world has taken a
liking to what is conveys. If you have not read it yet,
click below to order it now and start learning about:
- How to integrate sales & marketing
- How to use Sales Ready Messaging® process to
support your sales efforts
- How to clone your top salespeople
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| In summary... |
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If you want to experience first hand how our services
can help you and your organization achieve your/its
goals, register for the next CCS® Public
Workshop. When registering, please indicate
that KeyRoad is the referring party, so that I get
notification of your registration. See Quick
Links on the right for more information.
We welcome your feedback and comments. Please
send them to plavie@keyroad.com.
We look forward to hearing from you. We offer the
following services:
- How to better use the telephone for success
- Organizational sales process definition
- Sales Ready Messaging® to develop sales tools
your sales people will use
- Sales training programs using the CCS®
methodology
- Sales Management training programs
- Professional Services (client services) training
programs
- Sales advisors services
Good selling,
Philippe Lavie
KeyRoad Enterprises, a CustomerCentric
Selling® Affiliate
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Philippe started his career with the Portland Trail
Blazers and after three years in the world of sports,
co-founded an $8 million business in the online event
and entertainment ticketing space.
Since then, Philippe Lavie has had 20 years of direct
and channel sales, sales management, business
development, and marketing experience in the
information technology industry, both domestically
and internationally with companies like Daisy
Systems, Sun Microsystems, Onlink Technologies,
MindCrossing, and OnDemand Inc. In 2002 he created
a unique sales-performance improvement company,
KeyRoad Enterprises.
Philippe holds an MBA from one of the leading French
business schools, is fluent in English and French, and
lives in San Francisco with his wife, Carol, a learning
specialist and their twin children, Margot and
Benjamin.
KeyRoad Enterprises
312 Douglass St. suite 314
San Francisco CA 94114
phone: (415) 934-1449
fax: (415) 934-1469
cell: (650) 996-0445
For more information or to arrange for an onsite
Executive Overview, contact Philippe Lavie via email
at: plavie@keyroad.com
To learn more about KeyRoad Enterprises, click here.
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