{"id":9808,"date":"2019-07-08T09:24:44","date_gmt":"2019-07-08T14:24:44","guid":{"rendered":"https:\/\/csuiteold.c-suitenetwork.com\/advisors\/?p=9808"},"modified":"2019-07-08T09:24:44","modified_gmt":"2019-07-08T14:24:44","slug":"does-your-customer-know-your-offer-is-mission-critical","status":"publish","type":"post","link":"https:\/\/csuiteold.c-suitenetwork.com\/advisors\/does-your-customer-know-your-offer-is-mission-critical\/","title":{"rendered":"Does Your Customer Know Your Offer is Mission Critical?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-9809 aligncenter\" src=\"https:\/\/csuiteold.c-suitenetwork.com\/advisors\/wp-content\/uploads\/sites\/5\/2019\/07\/Surgeons-in-OR-2-800x456.jpg\" alt=\"\" width=\"800\" height=\"456\" srcset=\"https:\/\/csuiteold.c-suitenetwork.com\/advisors\/wp-content\/uploads\/sites\/5\/2019\/07\/Surgeons-in-OR-2-800x456.jpg 800w, https:\/\/csuiteold.c-suitenetwork.com\/advisors\/wp-content\/uploads\/sites\/5\/2019\/07\/Surgeons-in-OR-2-768x438.jpg 768w, https:\/\/csuiteold.c-suitenetwork.com\/advisors\/wp-content\/uploads\/sites\/5\/2019\/07\/Surgeons-in-OR-2-1024x584.jpg 1024w, https:\/\/csuiteold.c-suitenetwork.com\/advisors\/wp-content\/uploads\/sites\/5\/2019\/07\/Surgeons-in-OR-2.jpg 1312w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h4 style=\"text-align: center\">If the statement below\u00a0<em>should\u00a0<\/em>resonate with your customer, you probably operate in a<em><strong> mission-critical sales environment.<\/p>\n<p><\/strong><\/em><\/h4>\n<h4 style=\"text-align: center\"><em><strong><br \/>\n<\/strong><\/em><strong><em>\u201c(What I sell) is Cheap. It&#8217;s <\/em><\/strong><em><strong>Trouble\u00a0<\/strong><\/em><strong><em>that\u2019s Expensive\u201d.<\/p>\n<p><\/em><\/strong><\/h4>\n<p>The mission critical sale is when your offer\u00a0<em>can<\/em><em><strong>\u00a0<\/strong><\/em>affect your customer\u2019s business or operations in some significant way.\u00a0Note the emphasis on &#8220;should&#8221; and \u201ccan\u201d; I\u2019ll get to that later on.<\/p>\n<p>Examples might include:<\/p>\n<ul>\n<li>Complex\/Technical capital equipment<\/li>\n<li>Medical tech and new technology<\/li>\n<li>Custom &amp; Semi-custom products &amp; services<\/li>\n<li>Differentiated components<\/li>\n<li>Corporate software, including SaaS\/cloud delivered.<\/li>\n<\/ul>\n<h3><strong>The Mission-Critical Sale Moves Beyond Consensus Selling.\u00a0<\/strong><\/h3>\n<p>Full disclosure: I\u2019ve been selling and consulting in \u201cthe complex sale\u201d (aka consensus selling) for decades. I understand it and am a huge fan.\u00a0 I\u2019m beyond \u201cdrinking the Kool-aid\u201d. I\u2019m marinated in it.<\/p>\n<p>I also know what\u00a0consensus selling methodologies are and aren&#8217;t.<\/p>\n<p>They are for organizing\u00a0opportunity pursuit strategy when a buying ecosystem &#8212; multiple personas \u2013 is making a group buying decision.\u00a0Usually, this ecosystem is made up of personas\u00a0<em>somebody <\/em>thinks should be included.\u00a0Unfortunately, complex selling methodologies often assume that \u201csomebody\u201d defined the group properly.<\/p>\n<p>Complex sales methodologies aren\u2019t for expanding a buying ecosystem strategically (methodologies accommodate expansion just fine, they just don\u2019t teach it). Typically, companies buy in organizational silos, applying a self-imposed set of blinders to their decision. Thus, they buy too narrowly, engaging prospective vendors constrained by their own narrow perspective. It\u2019s not your customers&#8217; fault: they aren\u2019t experts in your offer\u2019s capabilities and don\u2019t understand all of its implications.<\/p>\n<h3><strong>When One Silo Has Budget, But Many Silos Benefit<\/strong><\/h3>\n<p>Unfortunately, selling organizations who blindly accept a predefined buying ecosystem almost always overlook potential stakeholders. This is for a variety of reasons, but the result is that sellers miss potential differentiation leaving value unrecognized. Consequently, opportunity strategy under-powered\u2026a potentially mission-critical sale is reduced to a run-of-the-mill complex sale.<\/p>\n<ul>\n<li><strong>Imagine this scenario<\/strong>: You\u2019ve gained consensus from your regular personas, to the point of mildly irritating the purchasing agent. Proudly, you know what every persona wants, and each feels your offer fits their needs. It&#8217;s smooth sailing until your coach calls: you\u2019re on the outside looking in. Astonishingly, a competitor has penetrated throughout the organization \u2014 to departments you didn\u2019t even know cared \u2014 and somehow to executives <em>who told you that<\/em>\u00a0the personas you were working with were \u201cthe right team\u201d.\u00a0Worse, their proposal was higher priced than yours, but articulated business outcomes just too compelling to ignore.\u00a0You followed your\u00a0\u201cconsensus selling methodology\u201d perfectly, but the competitor boxed you into a corner that you couldn\u2019t even discount your way out of.<\/li>\n<\/ul>\n<p>Again, consensus selling methodologies help organize all\u00a0personas\u00a0<em>you identify<\/em>.\u00a0Unfortunately, they don&#8217;t teach\u00a0anticipating and proactively adding new players to an ecosystem.\u00a0In contrast to methodology,\u00a0\u201cbuyer enablement\u201d: helps\u00a0customer organizations make better, more well-informed decisions.<\/p>\n<p>Admittedly, expanding the buying ecosystem increases decision complexity. However, don&#8217;t make the\u00a0mistake of\u00a0thinking that&#8217;s always a bad thing<em>.\u00a0\u00a0Adding the right people\u00a0<\/em>means adding allies\u2026packing the court in your favor.<\/p>\n<p>As I said, I\u2019m marinated in complex selling methodology.\u00a0It does its job (organizing a given group decision dynamic) really well.\u00a0For the mission-critical sale, though, today\u2019s methodologies need a specific boost: understanding when, where, and how, and\u00a0<em>why\u00a0<\/em>to change the decision dynamic &#8212; and to what.<\/p>\n<h3><strong>It\u2019s Not Harder or More Complex. It\u2019s Just Value-Focused<\/strong><\/h3>\n<p>In some ways, value-focused selling is easier. For example, coaching simplifies down to one question \u201cwhat\u2019s the value?\u201d (OK, sometimes asked over and over like a child asking &#8220;why?&#8221;) . If your sellers can articulate a complete value picture, they\u2019ve probably performed all of the selling methodology steps just fine. Focusing on value yields a deep understanding of the <em>motivations behind <\/em>the consensus decision.<\/p>\n<ul>\n<li>I\u2019ve analyzed and coached perhaps thousands of Miller Heiman Group Blue Sheets. A recurring rep shortcoming is understanding persona-specific Business Results and\u00a0Personal Wins.\u00a0Critically, not\u00a0understanding desired\u00a0<em>outcomes<\/em>, and how customers <i>value those<\/i>\u00a0outcomes means reps\u00a0can\u2019t genuinely understand the group decision.<\/li>\n<li>Similarly, experienced TAS practitioners echo similar deficiencies in users of that methodology.\u00a0Typically they uncover missing\/incomplete Unique\u00a0Business Value, Critical Success Factors, Compelling Event, and Economic Value\u00a0Proposition. Again, these are all failures to understand customer value.<\/li>\n<\/ul>\n<p>I could repeat for other methodologies, but the trend is clear. Salespeople capture groups, but not the\u00a0<em>value that drives their decision<\/em>. Worse, they don&#8217;t build complete value\u00a0<em>high and wide <\/em>in customer organizations.<\/p>\n<p>What if, instead of switching to\u00a0a new methodology (when the ones out there are fine for organizing a group buying decision)\u2026what if you could just incorporate the missing value conversations into your existing process?\u00a0Wouldn\u2019t that be a high-value, low interruption, easy-adoption initiative?\u00a0In fact, this is the elite selling behavior most mission-critical salesforces are missing.<\/p>\n<p>Separately, for those without a methodology in place, what if you start your team at the core\u00a0of sales&#8211;<em>value<\/em>&#8211;then work outward to managing the customer\u2019s decision dynamic as needed?\u00a0Remember, <em>customer value is<\/em> what moves all buying decisions \u2014 from transactional to mission-critical. Developing your sellers&#8217; &#8220;nose for value&#8221; is the pivotal skill in any sales environment.<\/p>\n<h3><strong>Not All Mission Critical Sellers Act Like It<\/strong><\/h3>\n<p>Earlier, I promised to come back to the words \u201ccan\/should\u201d in &#8220;your offer\u00a0<em><strong>can <\/strong><\/em>affect your customer\u2019s business&#8230;&#8221;.\u00a0Here\u2019s the thing:\u00a0many organizations who sell <i>potentially mission-critical<\/i>\u00a0offers don\u2019t sell like their offer <em>is mission-critical<\/em>.\u00a0They <em><strong>don&#8217;t <\/strong><\/em><em><strong>make it mission-critical for the customer<\/strong><\/em>(a la the seller in the lost deal scenario above). Rather, they go through methodology-mandated motions without connecting solution to value, building value, and extending value organization-wide.\u00a0This leaves deal-winning value \u2013 and pricing power \u2013 on the table.\u00a0I\u2019ve managed too many P&amp;Ls to accept this shortcoming.<\/p>\n<p>One of the reasons I focus on the mission-critical sale is that the ROI on &#8220;increasing pricing power&#8221; is staggeringly high. Notably, this is because pricing dollars are profit dollars.\u00a0Gaining pricing power is a conversation that CEOs, CROs and COtBs want to have, and I find those conversations a lot more rewarding (OK, <em>valuable<\/em>) than ones with sales enablement and L&amp;D professionals comparing complex sales methodologies. One sounds more mission-critical than the other, no?<\/p>\n<p>So, want to talk about it?\u00a0<a href=\"http:\/\/mark@boundyconsulting.com\/\">Contact me<\/a>.<\/p>\n<p>To your success!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mission critical sale is when your offer can affect your customer\u2019s business or operations in some significant way.  Note the emphasis on &#8220;should&#8221; and \u201ccan\u201d<\/p>\n","protected":false},"author":142,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpupg_custom_link":[],"wpupg_custom_link_behaviour":["default"],"wpupg_custom_image":[],"wpupg_custom_image_id":[],"footnotes":""},"categories":[36,41,70,39,50,51],"tags":[1202,1204,1205,1198,1199,1197,1201,1200,196,1203,739,736,737],"editorial_calendar_month":[],"class_list":["post-9808","post","type-post","status-publish","format-standard","hentry","category-best-practices","category-business","category-business-development","category-marketing-sales","category-pricing-strategy","category-sales","tag-bluesheet","tag-complexsale","tag-consensussale","tag-missioncritical","tag-missioncriticalsale","tag-radicalvalue","tag-strategicselling","tag-targetaccountselling","tag-value","tag-valuebasedprice","tag-valueculture","tag-valuefocus","tag-valueselling"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Does Your Customer Know Your Offer is Mission Critical? - C-Suite Network Advisors<\/title>\n<meta name=\"description\" content=\"Making your offer mission critical to your customer takes radical value focus. 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