Sales Ideas & Skills

Foundations of Selling - Day 2: Value Proposition

By Lori Richardson Sep 20, 2005, 5:14:19 AM

If confidence/certainty is the cement for your Sales foundation, then your strong value proposition is the water to mix that cement and turn it into concrete.

Many of us have wonderful fantastic products and services - at least we are sure of this. Whether we convey it well to others, and can differentiate our offer from another offer is key. As sellers, we need to make it easy for prospective buyers to understand why they should work with us rather than someone else.

The solution is to make it easy for people to buy. Offer value that someone can wrap their arms around, such as quantifiable, measurable difference, and offer proof.

Here are some steps to help with crafting your Value Prop:

Define what you do in terms of tanigle business results.

Talk to your customers or clients and ask them why they work with you - this is one of the very best ways to learn others' perception of your value, not just your perception.

Draft a short version (elevator pitch) and a longer version for when you engage someone in conversation. Think about their needs, not your features and benefits. How can you solve their problems?

Bounce what you wrote off of others; keep honing, knowing that every word makes a difference.

Try it out at networking events and social settings. Do people say to you, "How do you do that?" (which is a GOOD sign!) or do they turn and run..... or something in between?

Post your favorite references, books, and articles here on crafting a value proposition for others to see.

Lori Richardson
Written by

Lori Richardson

Lori Richardson is Founder & CEO of Score More Sales, a top B2B sales strategy firm helping mid-sized companies grow revenues by solving key sales issues - like recruiting, retention, building an inclusive sales team, process, pipeline, and leadership. Lori is also the President of Women Sales Pros - a community created to increase the number of women in sales, as well as in AI-powered and sales leadership roles. She speaks to CEOs on topics such as sales growth, the power of mindset, and the importance and value of a strong sales culture. Clients include companies in the technology, telecom, manufacturing, distribution, and professional services industries. Salesforce named Lori a Top Sales Influencer in 2021 - 2025.  Lori has been named a top sales influencer over the years by LinkedIn, as well as many other companies and organizations. Her book, She Sells, is on hiring more women for B2B sales roles. Subscribe to the award-winning blog, follow her on Instagram, X, and LinkedIn.

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