How Sales and Marketing Should Work Together to Determine The 'Value Proposition' for Your Business
Posted: Monday, September 25, 2006
by Susan Adams
http://www.susanadamshome.com
The Role Marketing Plays
In Developing Your Value Proposition
How Do You Find Your Value Proposition?
The easiest way to determine your value proposition is to talk to your current customers. Here are a few reasons why:
- They know why they bought your product.
- They know what they like about your company.
- They were once prospects evaluating your products, so who better to tell you what was the tipping point for them that made them buy?
Once you’ve spoken with enough current owners, develop 3 bullet points that highlight why these people bought your product.
Use these points for a consistent company message. It should be in ads, marketing literature and sales presentations. You should also find that your best sales performers already know why their customers bought their product. It’s usually the case that marketing never bothered to talk to the sales people, or their current customers.
Many companies have a problem when marketing develops an ad campaign that doesn’t match their website, marketing materials or sales message. Outside consultants who develop these ad campaigns focus more on graphics than they do on message. If you’re not attracting those prospects most likely to buy from your company, you’re missing a huge opportunity.
That’s what a targeted Value Proposition is all about. It’s having one coherent message coming from all parts of your organization. You know what your strengths are and their reflected in all the materials that communicate to your prospects.
By developing a consistent message, you’re less likely to confuse your prospects. They know who you are and why they should buy from you. The easier you make it for someone to buy, the more likely they are to buy. A confused prospect gets frustrated and goes elsewhere. The KISS principle (Keep It Simple Stupid), pertains to sales and marketing. If you have a clearly defined Value Proposition that connects with a segment of your target market, your chances of making more sales have greatly increased.
If you keep all parts of your organization on the same Value Proposition, you will attract better quality prospects who are more likely to buy in an accelerated manner. Something both sales and marketing can cheer about.
Copyright 2006 Susan Adams www.susanadamshome.com
This is an excerpt from an article ‘Never Sell Something People Don’t Want to Buy’ to be published in Million Dollar Marketing Secrets.
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