Welcome to the Consider stage in the Powerglass Pipeline. Head to https://targetoutcome.com/powerglass-pipeline for more information and access to the Powerglass Pipeline Playbook. We cover six concepts in this episode.
Concept 1 - We enter the Customer creation phase where you show you are the right choice to solve your prospects problem. Prospects are becoming Product Aware and now looking for the best company/person to work with and buy from. Content focuses on solution benefits and testimonials/reviews from happy customers. Provide Case Studies with positive outcomes. Discuss choices the prospect may have and show why you are the best choice. This is the Proposal stage for many companies.
Concept 2 - Ask the Right Questions - Use a Question-based Discovery process. You are the Guide and there to serve. Ask the Awareness section questions in conversations:
1.What are their problems, challenges, needs, wants?
2.What are the symptoms of their problems?
3.What is their desired outcome from solving their problem(s)?
4.How does a successful outcome benefit them financially?
5.What are the indications that your prospects spend money solving their problem?
Concept 3 - To provide the best solution, your salesperson or website must ask: What are all your Unmet problems and requirements? What is Unique about your situation? What Unsuccessful attempts have you made to solve your problem? Why are you currently Unable to solve the problem yourself? What do you need to Understand to make a purchase?
Concept 4 - Expectations on both sides of the purchase process are key to creating a successful initial sale and a healthy long-term relationship. Ask the following of your Prospect: What does success look like? What is the financial upside to you? What does failure look like? What is the potential financial downside? What personal benefits do you expect from your purchase? If others are involved in the purchase, what are their expectations? What expectations do you have of me and my company?
Concept 5 - Prospect Discovery Template. To build a successful sales process, you should create a Discovery Discussion template that can be used by your salespeople and/or your website. You use your 20 Questions, Unmet Needs and Expectation answers. Using this rigor in prospect discussions will provide competitive advantage.
Concept 6 - Solution/Proposal Construction. Only after you ask all your Questions, Understand all the “U’s”, and document both parties’ Expectations can you then create a Solution or Proposal that ideally meets the needs of the Prospect. Your prospect should say when they read it: “Gee – this solution is amazing; it meets all my needs and is ideal for me. Because you spent the time understanding your prospect, they feel respected and that you are serving them well with your solution. There are several key issues to address with Return on Investment:
•Many purchasing decisions are predicated on Return on Investment
•The Return is the monetary value your prospect assigns to the benefits of purchasing your product and/or service.
•Your price is the Investment in ROI
•It is absolutely critical you help your prospect calculate their Return.
•What do you do better than your competition that increases Return?
•Without a Return $ value, your price cannot be put into context.