How to Instantly Increase the Perceived Value of Your Offer | [RERUN] Bob Britton - 1917
Episode
31 min
Read time
2 min
Topics
Productivity, Sales & Revenue, Software Development
AI-Generated Summary
Key Takeaways
- ✓Customer Research Questions: Ask prospects one specific thing they hate about your industry or service to uncover actionable feedback. This direct approach reveals top concerns and differentiation opportunities competitors miss through generic questioning.
- ✓Three-Step Value Framework: Build offers using business drivers (what decision makers care about), movement (positioning as new versus improvement), and metrics (specific numbers like 8.6% instead of rounded 5%) to create compelling differentiation in crowded markets.
- ✓Pricing Psychology: Use precise pricing like $98.68 instead of round numbers to signal thorough calculation and value justification. Explain the specific number came from detailed analysis to position yourself as transparent and customer-focused rather than arbitrary.
- ✓Implementation Speed Value: Time to market or implementation speed often matters more than cost to buyers. One software client reduced implementation from $10,000 quoted elsewhere to lower cost and faster delivery, winning the deal on speed alone.
What It Covers
Bob Britton explains how to increase perceived value in sales by identifying business drivers, creating movement beyond improvement offers, and using specific metrics rather than round numbers to build credibility.
Key Questions Answered
- •Customer Research Questions: Ask prospects one specific thing they hate about your industry or service to uncover actionable feedback. This direct approach reveals top concerns and differentiation opportunities competitors miss through generic questioning.
- •Three-Step Value Framework: Build offers using business drivers (what decision makers care about), movement (positioning as new versus improvement), and metrics (specific numbers like 8.6% instead of rounded 5%) to create compelling differentiation in crowded markets.
- •Pricing Psychology: Use precise pricing like $98.68 instead of round numbers to signal thorough calculation and value justification. Explain the specific number came from detailed analysis to position yourself as transparent and customer-focused rather than arbitrary.
- •Implementation Speed Value: Time to market or implementation speed often matters more than cost to buyers. One software client reduced implementation from $10,000 quoted elsewhere to lower cost and faster delivery, winning the deal on speed alone.
Notable Moment
A photography business owner sent customers an email asking what they hated about working with him. The feedback provided a roadmap for improvements that increased sales 40% without additional marketing spend or customer acquisition.
Episode Transcript
This episode is brought to you in part by the following TSC sponsors. It takes a lot to grow your business. A lot of audience attraction, a lot of lead scoring, and all the channel managing you can manage. Plus, a lot of long days, late nights, and weekends, a lot of wishing there was an easier way. But with Breeze, HubSpot new collection of AI tool, it's easier than ever for marketers to attract audiences, increase leads and score customers fast, which means pretty soon your company will have a lot to celebrate. Visit hubspot.com/marketers to learn more. This episode is brought to you in part by Blue Mango Studios. Imagine using a podcast as a lead generation source, not only attracting your ideal customer, but entertaining them and getting qualified leads. To find out more, go to bluemangostudios.com. If you're struggling to close deals, you need to try LinkedIn Sales Navigator. Get a sixty day free trial all on the house. Go to linkedin.com/tse. Again, linkedin.com for a sixty day free trial of LinkedIn Sales Navigator. You call a prospect, you tell them your wonderful pitch, and then all of a sudden they tell you, what's the price? Or they tell you, that's too expensive. We don't have a budget for it. But they don't even know what you can do for them yet. Here's what I want you to think about. Imagine if you can instantly increase the perceived value of your offer. What could that look like? What what what what would it look like on a day to day basis? Today, Bob's gonna tell you, but you gotta come listening. You gotta come prepared, and Bob Britton's gonna lay it out for you. Check it out. Hey. Hey. Hey, everyone. Welcome to another great episode of the sales evangelist podcast. I'm your host, Donald c Kelly, the sales evangelist, and I'm so excited for another great episode. I'm so excited to be here with you today. And on this episode, I'm bringing back a blast from the past with the Bob Britton. Bob and I recorded this episode, number of years ago, but the principles still apply because the perceived value of what you have to offer as a sales rep, it's not like the way you go about doing this is gonna change. I mean, the way we do cold call may be adjusted, but the way you go about doing your perceived value, there's some core principles here that still apply. If this is your first time listening to our podcast, know this. The show is designed to do two things. One, help you to be able to get access to better pipeline, and two, how you can accelerate deals to that pipeline faster. Bob's gonna break down one of the things that helped him, and I think you will like it as well. Welcome to the show, Bob. Hey, welcome Donald. Glad so glad to be here. And I'm excited to have …
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