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You Don’t Sell
                                                               What You Think
                                                                     You Sell




© 2010 Imagine Business Consulting, LLC. All Rights Reserved               410.544.7878 info@imaginellc.com`
The Price/Value Equation™

    Left-Side Value                                            Right-Side Value
    •  The Commodity Value                                     •  The Intelligence/
           o  5 Drivers                                           Enterprise Value
                  •    Distribution costs                         o  Unlimited Drivers
                  •    Supply constraints                            •  What matters & makes
                  •    Demand level                                     you different?
                  •    Quality                                       •  What’s the
                  •    What someone else is                             consequence of not
                       willing to sell it for                           buying from you?




© 2010 Imagine Business Consulting, LLC. All Rights Reserved                 410.544.7878 info@imaginellc.com`
Two Types of Buyers

    Left-Side Buyer                                            Right-Side Buyer
    •  Buys a commodity                                        •  Buys a result
           o  Product, service or                                o  A driver of success for
              experience                                            them.
    •  The Focus:                                              •  The Focus:
       What’s It Cost?                                            What’s It Worth?




© 2010 Imagine Business Consulting, LLC. All Rights Reserved                410.544.7878 info@imaginellc.com`
The Implication

    •  The result of the economic drought is a
       movement to the extreme. More and more:
           o  Your customer is either a left-side buyer or a right-
              side buyer
    •  You are in one of two conversations:
           o  The “What’s It Cost?” Conversation, or
           o  The “What’s It Worth?” Conversation




© 2010 Imagine Business Consulting, LLC. All Rights Reserved   410.544.7878 info@imaginellc.com`
Two Focuses

    What’s It Cost                                             What’s It Worth
    •  About The Commodity                                     •  About The Result
    •  High Price Pressure                                     •  Moves Beyond Price
    •  The focus of the sale is                                •  The focus of the sale is
       on the product or                                          NOT on your product
       service you provide.                                       or service.
                                                               •  Instead, the sale is on
                                                                  your PROMISE, and
                                                                  HOW you create
                                                                  success.


© 2010 Imagine Business Consulting, LLC. All Rights Reserved                410.544.7878 info@imaginellc.com`
So,

    •  It’s not the product or service your customers
       “buy” from you.
    •  It’s the promise you make, and the process
       you provide that they “buy.”




© 2010 Imagine Business Consulting, LLC. All Rights Reserved   410.544.7878 info@imaginellc.com`
It’s the Promise, Not the Product/Service

    •  So, ask yourself:
       What is the consequence of not buying from
       you?
    •  Take your answer and start selling that.




© 2010 Imagine Business Consulting, LLC. All Rights Reserved   410.544.7878 info@imaginellc.com`
Stop Selling What You Do
                            Start Selling
                   The Result Your Customers Get
                    When They Let You Do What
                               You Do




© 2010 Imagine Business Consulting, LLC. All Rights Reserved   410.544.7878 info@imaginellc.com`

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You Dont Sell What You Think You Sell

  • 1. You Don’t Sell What You Think You Sell © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 2. The Price/Value Equation™ Left-Side Value Right-Side Value •  The Commodity Value •  The Intelligence/ o  5 Drivers Enterprise Value •  Distribution costs o  Unlimited Drivers •  Supply constraints •  What matters & makes •  Demand level you different? •  Quality •  What’s the •  What someone else is consequence of not willing to sell it for buying from you? © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 3. Two Types of Buyers Left-Side Buyer Right-Side Buyer •  Buys a commodity •  Buys a result o  Product, service or o  A driver of success for experience them. •  The Focus: •  The Focus: What’s It Cost? What’s It Worth? © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 4. The Implication •  The result of the economic drought is a movement to the extreme. More and more: o  Your customer is either a left-side buyer or a right- side buyer •  You are in one of two conversations: o  The “What’s It Cost?” Conversation, or o  The “What’s It Worth?” Conversation © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 5. Two Focuses What’s It Cost What’s It Worth •  About The Commodity •  About The Result •  High Price Pressure •  Moves Beyond Price •  The focus of the sale is •  The focus of the sale is on the product or NOT on your product service you provide. or service. •  Instead, the sale is on your PROMISE, and HOW you create success. © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 6. So, •  It’s not the product or service your customers “buy” from you. •  It’s the promise you make, and the process you provide that they “buy.” © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 7. It’s the Promise, Not the Product/Service •  So, ask yourself: What is the consequence of not buying from you? •  Take your answer and start selling that. © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`
  • 8. Stop Selling What You Do Start Selling The Result Your Customers Get When They Let You Do What You Do © 2010 Imagine Business Consulting, LLC. All Rights Reserved 410.544.7878 info@imaginellc.com`