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Our welcome gift: 7 ideas to make people say yes! To get them:
It was terribly annoying:
every time I was adding a new twist to the AIRsana website,
this @##%&%&!!! Of competitor was copycatting it,
and making its way to the top of the Google results.
Annoying, but useless.
I had moved the game on another terrain and avoided competition…
This is the how marketers play the sales game:
Bringing the ball on a playfield competitors do not even know the existance.
Here is how…
You cannot beat your competition, if you did not do your homework:
All these steps assure that you have minimized the risk that competitors will outsmart you.
Now that you did your homework, you are on pair with your competitors.
Exactly: all you effort in building a great product or service and an organization capable to deliver counts nothing. Your inbound marketing? Nothing. Your design thinking? Nothing. Your lean performances? Your digitization efforts? Still nothing.
Assume your competitors are at least as good as you in doing the same.
the competitive matrix
There are four ways to play the “solution provider” game.
They are defined by the problem-solution matrix:
The worst situation is the first: when you are bringing your solution to sostitute a similar one that is already in place, or to be chosen among comparable competitors.
In the first case you face the resistance of the Status Quo, with all its sunk costs, entrenched systems, personal interests, in the second case you are confronted line by line with your peers.
Beating the competition in B2B sales becomes therefore a game of moving the ball where competition cannot play.
Trying to move the game on another battlefield is a quite specific effort, however there are some general rules or best practices that we can use:
Don't try to get inside the customer's head by offering logical and informative support for their decision-making process.
Nobel Prize winner Herbert Simon demonstrated that the more information you give the customer, the less they are able to draw conclusions. You'll only end up confusing them, and they'll seek refuge in the safest possible response: doing nothing—or worse—choosing the market leader. (Simon won the Noble Prize for this in 1975, before the digital tsunami…)
Nobel Prize winner Daniel Kahneman demonstrated that when a decision is complex and involves high personal risk (for example, risking one's career), our brain stops using logic to find a solution. It relies on seven alternative mental associations: like when we have to choose a good wine from an unfamiliar menu. We use price as a proxy for quality. Having nothing better, we pretend that price is a substitute indicator for our taste buds. He warned us in 2002 and won us the Nobel Prize.
Attract the customer towards the mental association that is best for them, and guarantee us an ethical reward. with Professor Cialdini's 7 Principles of Persuasion.
I hope these insights help you beat the competition in your next B2B sale.
If you'd like to learn more, contact me.
Flavio
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Strumenti e metodi dei negoziatori professionisti
Francesco Caporali - Flavio Tosi
Franco Angeli Editore
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