Five Tips for Communicating the Real Value of Your Services
Are You Different?
In the course of my work with all manner of professional service firms, I hear a very common lament. “We are becoming a commodity. The prospects just seem to buy on price. We are really good. How can I possibly separate myself from the crowd?”
My usual response is, “What can make you special? Why are you different?”
The client's usual response, “Well, we have great people (I hope so). We are customer-focused (that's nice). We provide valuable solutions to support our clients through industry focus and excellent methodologies that build off our 100 years of experience and on and on and on. Just let me tell a prospect about our services and he will surely want to work with us.”
The problem is that all these comments are from the service provider's
perspective. At no time has anyone mentioned what problem the prospect
is trying to solve or what goals he is trying to reach. Naturally, the
prattling of the service provider falls on deaf ears. To paraphrase an
old saying, “Value is in the ear of the beholder.”
So how do you develop a value proposition that offers value and, just as important, generates leads, meetings, and new clients?
Before we answer that question, let's define value proposition. A value
proposition is a compelling, tangible statement of how a company or
individual will benefit from using or engaging your services. No more,
no less.
Five Tips to Communicating True Value
If value is in the ear of the beholder, then listen to your own
words from the prospect's perspective and realize it's all about what
they are buying, not what you are selling. The following guidelines
will help you ease the transition into the prospect's world.
1. Start with Needs – Why do clients engage your
services? It is not because they want services such as an audit or
training or 24/7 computer support. It is because they need to keep the
IRS happy; they need more skilled customer service representatives
which, in turn, give them happier customers; they need to sleep better
at night knowing their computers are running.
Think in terms of what client needs you can fill, not what services you
can offer. Prospects may not always understand what your services are
all about, but they certainly will understand how relieving their pain
or reaching their desired future will help.
2. Ask Your Clients – If you already have clients, then
ask them why they decided to work with you in the first place. What is
it that made you distinct in their minds when they chose you? What
benefits did they gain from the work you have done? How would they
describe your work to a colleague if they were to recommend you? (If
you don't yet have clients, find potential clients and ask why they buy
your type of services.)
Listen carefully to your clients' answers. Listen for key words or
phrases that are used frequently. Listen for the real hot button needs
that evoke strong emotion or conviction. Suspend any preconceived idea
of what you are about to hear. By listening with an open mind, you will
most likely be surprised, and will discover the real value you provide.
3. Don't Use Marketing Speak – An important caveat,
before your next step – avoid speaking in that rather obscure language
commonly known as, “marketingese”. Use the words your clients use. Use
the phrases and needs that resonate with them. Instead of “We work with
our clients to help them achieve high performance,” (actual copy from a
leading consulting firm's website), try, “We help our clients increase
customer satisfaction which in turn leads to higher loyalty rates and
profits.”
4. Construct a “Straw Man” – Once you have outlined
potential needs and verified these with your clients, construct a
“straw man” value proposition that incorporates the best and most
compelling points that you heard. Try it out with the members of your
firm, with friends, with colleagues from your network. Ask for push
back, make adjustments, and prepare to test.
5. Test Your Value – Your “straw man” value proposition
becomes your test with actual prospects. At networking events, in your
prospecting conversations, on your next phone call, see if you pique a
prospect's interest instead of getting blank stares. What pieces work
the best? What pieces inspire the desire for more information? Tweak
it, refine it, and finalize it, because now you are ready to go.
Once you have created a value proposition that resonates with your
prospects and clients, you can now communicate this value in all your
sales and marketing messages, including your:
• Sales conversations with clients and prospects
• Marketing copy in all your marketing materials
• Key words and messaging on your website
• Articles and white papers
• Seminars and / or webinars you offer
• Service entry offers
By putting tangible value that speaks to your clients in your value
proposition you will definitely stand out from the crowd. And, most
likely, add more value to your own firm.
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