A Value Proposition…
A Value Proposition...
What is it, really?
1 certification CEU
David Bol Business Winning Services
Mallary Price Training Coordinator
Kelson Forsgren
Daryl Jones
Program Development Business Development
Webinar Agenda
Defining Value Defining Proposition Defining a Value Proposition Developing a Value Proposition Applying the Value Proposition Question and Discussion
2
A Value Proposition is NOT
The same as a proposal theme
statement
? A slogan ? A Tagline ? A catch phrase
Always written verbatim into the proposal
3
Solely based on monetary value
Based only on features
A list of definitions or specifications
What Constitutes Value?
Value in mind of the customer Monetary payback or savings
Competitive advantage Efficiency gains
Discriminates: Better, different, and important to customer
4
What is a Proposition?
Simply put, a proposition is an offer with some type of benefit. "Show me the value..."
5
A Value Proposition
An offer demonstrating measurable value/worth to the customer must be:
Developed collaboratively with the customer Based on win strategy
? Analysis and discriminators
Focused on tangible and measurable benefits Able to solve a problem or save money (ROI) Quantifiable (value outweighs cost) Time bound
6
Clarifying Vocabulary Related to Value Propositions
Features
Aspects, or attributes of our product or service-- Speed, schedule, dollars of revenue collected, etc.
Benefits (Value)
Advantages that solve a problem for the customer-- Reduced cost or risk, improved quality, reliability, profit, safety, etc.
Discriminators
A benefit that is important to the customer and is unique to you.
What So What
Win Theme
Theme Statement
Themes link discriminating features and benefits to customer ? Demonstrates VALUE.
A theme statement highlights our benefits by emphasizing our discriminators or features. Link benefits to customer hot buttons.
Why Us
7
A Value Proposition is Based on the Win Strategy
Win Strategy Development
Analyze SWOT
Features & Benefits
Discriminators Hot Buttons
Analyze strengths and gaps (SWOT) of you and your competitors Articulate and demonstrate value your customer cares about Determine where and how to convey your value proposition Show the customer how your solution meets their value definition
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