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Ideas from “The
Challenger Customer”
to Create Commercial
Insight
Pitching Products
Unless the customer is looking for products like yours to solve specific problems
Nobody Cares About Your Products, Except You!
What do your Customers Really Care about?
Grow Revenue
Reduce Cost
Reduce Risk Competitive
Advantage
The Buyers Compass – Why People Really Buy
Start Helping Customers
to
Buy
But how?
No-one likes being pitched
Start showing
customers how to solve
the problems they
really care about
Do You Need to Change How You Sell?
• What does your ideal customer look like?
• How do they buy?
• Who do you have to convince?
• How does the customer see their problem?
• What are their alternatives?
• How do you make the case for change compelling?
The Capital Purchase = Change
Average B2B Buying Committee = 5.4 people
Asking: Why Change?
It’s expensive, disruptive, risky and unknown
Which is why most opportunities lose to status-quo!
B2B Customer Buying Process: I-M-P-A-C-T
Idea Mentor Position Assessment Case Transaction
*Do nothing
*Build it
*Explore
*Find alternative
Awareness Evaluation Decision
Why
Change?
Why
You?
Why
Change
Now?
Shared VisionWe must change!
Mentor/MobilizerStatus-quo
A B C







Fit
Price
People
Teaching Customers to Value a New Perspective
A BCurrent
Perspective
Desired
Perspective
Hint: It’s Not about the Product
• To help customers change - show them what they are currently doing is
unsafe, costly and untenable
• That is, help them envisage a different way of operating that will
produce superior results, or opportunities they are missing.
Suppliers think B is their Solution
A B
Until A becomes unsafe, risky and painful, the
status-quo will prevail
Current
Perspective
Desired
Perspective
A to B is the Customers Story
Counterintuitive points:
1. Stop thinking about A--> B as your value proposition
and start thinking about the return to the customer
from a new way of thinking about their problem.
2. Get customers to think differently about themselves
and they will think differently about you.
We must change!
A BCurrent
Perspective
Desired
Perspective
Commercial Insight helps the Buyer break down A
and build up B
“Let me show you how we are the only
company who can help you with this.”
Commercial Insight
Building Commercial Insight is an Organizational
Capability, not an individual salesperson’s skill.
Commercial Insight requires deep understanding of
how customers see their own business.
Four Questions to Create Commercial Insight
• What major problems are customers exposed to that you
can help solve?
• What are the causes of the problems currently under-
appreciated by your customers?
• What is the impact to the customer if they fail to act?
• What would we have to teach the customer about their
business that would lead them to value your capabilities?
How can you credibly break down their A and build up their B?
Create Differentiated Capabilities: Cause-Level Value-Model
Customer
Problem Solution
CapabilitiesCause
Generic
Value
Differentiated
CapabilitiesCause
Differentiated
Value
Issues
Symptoms
Impact
Impact
Adapted from Bob Schmonsees Cause Level Value Model
The New Way
Problem Addressed
How it ends
OUTCOME
Defining Moment
Triggering Event
Light-bulb
INSIGHT
Challenges
Struggle
Resistance to Change
THE REVEAL / HUMAN
Character (s)
When/Where
How does the Journey Begin?
THE SET UP
The Moral
The Message
A Belief
LIMBIC-TO-LIMBIC
The Point
Complication
Turning Point
Resolution
The Hero’s Journey Storyboard
Setting
Adapted from “What Great Salespeople Do” by Mike Bosworth
Visual Story Development Guidelines
2. Narrative:
• Customer as-is,
• Creates tension,
• Engages emotions,
• Contrasts as-is vs. as-it-
could-be
• Insight resolves in a new way
of thinking
• And a guide for the journey -
you
This Way
1. Visual – easy to draw icons,
big ideas
3. Language = voice of the
customer, no “product-speak”

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Ideas from The Challenger Customer

  • 1. Ideas from “The Challenger Customer” to Create Commercial Insight
  • 2. Pitching Products Unless the customer is looking for products like yours to solve specific problems
  • 3. Nobody Cares About Your Products, Except You! What do your Customers Really Care about?
  • 4. Grow Revenue Reduce Cost Reduce Risk Competitive Advantage The Buyers Compass – Why People Really Buy
  • 5. Start Helping Customers to Buy But how? No-one likes being pitched
  • 6. Start showing customers how to solve the problems they really care about
  • 7. Do You Need to Change How You Sell? • What does your ideal customer look like? • How do they buy? • Who do you have to convince? • How does the customer see their problem? • What are their alternatives? • How do you make the case for change compelling?
  • 8. The Capital Purchase = Change Average B2B Buying Committee = 5.4 people Asking: Why Change? It’s expensive, disruptive, risky and unknown Which is why most opportunities lose to status-quo!
  • 9. B2B Customer Buying Process: I-M-P-A-C-T Idea Mentor Position Assessment Case Transaction *Do nothing *Build it *Explore *Find alternative Awareness Evaluation Decision Why Change? Why You? Why Change Now? Shared VisionWe must change! Mentor/MobilizerStatus-quo A B C        Fit Price People
  • 10. Teaching Customers to Value a New Perspective A BCurrent Perspective Desired Perspective Hint: It’s Not about the Product • To help customers change - show them what they are currently doing is unsafe, costly and untenable • That is, help them envisage a different way of operating that will produce superior results, or opportunities they are missing.
  • 11. Suppliers think B is their Solution A B Until A becomes unsafe, risky and painful, the status-quo will prevail Current Perspective Desired Perspective
  • 12. A to B is the Customers Story Counterintuitive points: 1. Stop thinking about A--> B as your value proposition and start thinking about the return to the customer from a new way of thinking about their problem. 2. Get customers to think differently about themselves and they will think differently about you.
  • 13. We must change! A BCurrent Perspective Desired Perspective Commercial Insight helps the Buyer break down A and build up B “Let me show you how we are the only company who can help you with this.”
  • 14. Commercial Insight Building Commercial Insight is an Organizational Capability, not an individual salesperson’s skill. Commercial Insight requires deep understanding of how customers see their own business.
  • 15. Four Questions to Create Commercial Insight • What major problems are customers exposed to that you can help solve? • What are the causes of the problems currently under- appreciated by your customers? • What is the impact to the customer if they fail to act? • What would we have to teach the customer about their business that would lead them to value your capabilities? How can you credibly break down their A and build up their B?
  • 16. Create Differentiated Capabilities: Cause-Level Value-Model Customer Problem Solution CapabilitiesCause Generic Value Differentiated CapabilitiesCause Differentiated Value Issues Symptoms Impact Impact Adapted from Bob Schmonsees Cause Level Value Model
  • 17. The New Way Problem Addressed How it ends OUTCOME Defining Moment Triggering Event Light-bulb INSIGHT Challenges Struggle Resistance to Change THE REVEAL / HUMAN Character (s) When/Where How does the Journey Begin? THE SET UP The Moral The Message A Belief LIMBIC-TO-LIMBIC The Point Complication Turning Point Resolution The Hero’s Journey Storyboard Setting Adapted from “What Great Salespeople Do” by Mike Bosworth
  • 18. Visual Story Development Guidelines 2. Narrative: • Customer as-is, • Creates tension, • Engages emotions, • Contrasts as-is vs. as-it- could-be • Insight resolves in a new way of thinking • And a guide for the journey - you This Way 1. Visual – easy to draw icons, big ideas 3. Language = voice of the customer, no “product-speak”

Editor's Notes

  1. Here’s what CXO’s really care about…
  2. On average, how many people are involved in our customer’s buying decision process? 5.4 is the standard and, 2) “why don’t we know”  Name the specific roles?