Product or Problem Knowledge?
Aaron M. Rocamontes
Major Account Executive at Spectrum Business for Enterprise | Empowering Hospitality with Dedicated Fiber & Managed Services | Board Member Green Oaks School | SaaS Agcy Co-Founder
The year was 2009 and I was sitting in my very first sales training. FAB....Features, Advantages, and Benefits. I walked away from college to pursue sales in the automotive industry and boy it was an extreme wake up call. I had tremendous success for about a decade and finally decided to make a pivot. The FAB abbreviation has stuck with me for over fourteen years. In this article I would like for you to consider how we might sell today is drastically different due to the information age.
Product Selling
The nature behind this methodology is for sellers to focus on the product features and describing what the product is and ask whether the customer is looking to buy it. From this mindset a seller might be "prescribing" what might be the symptom of the business problems versus the actually root problem. Think about the care journey that you might have when visiting a doctor. Usually, the care facility will have a protocol or a systematical order of testing before a major event like a surgery.
Product Selling sounds like....
Our product is more efficient
Our product is less expensive
Our product is rated number One
Our product has the best features on the market
Our product is faster
Our product is more reliable
Our product is on and on and on.....So what.
Although this might be a good starting point; I would consider tying your products CAPABILITIES with the customer's NEEDS. Aha! Now we are going somewhere.
Solution Selling
This starts with understanding the clients PROBLEM(S) and having the ability to communicate that problem back to the customer in their own lingo. Problem -> Solution. I would consider taking a trusted advisor position as this will help you take out your personal agenda and put the customer's needs first. This is the way.
Solution Selling Sounds like...
What problems are you experiencing to keep you from you goal(s)?
What solutions have you looked into or are currently looking into?
What happens to your business if you don't solve this problem?
What initiatives do you have right now and what has caused these initiatives?
What goals do you have for your business in (year)?
Do you see it? It sounds more likes questions and not statements.
Ultimately, learning how to uncover your customers problems and/or goals will help you put together a customer solution that will work best for them. There is no "one size fits all."
Aaron M. Rocamontes
Be kind.
Be honest.
Be a problem Solver.
Pro Tip- The problem might not be something that your product can directly solve; however, it can be PART of the entire solution that you might propose.
Pro Tip II - You can provide a unique value to the solution and ultimately WIN more business. There isn't another one of YOU. Let that set in.
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1 年Absolutely! The buying journey is constantly evolving, and as B2B professionals, it's crucial for to adapt and stay ahead.
Technology Consultant | Ultramarathoner | Thought Leader The LCS Network
1 年Great, simple, and digestible.
New Home Sales Consultant
1 年Great content man!