Carlsberg run a TV advertising campaign, based on always having more than 2 choices. The punch line, “there is always choice c”. Choice c, in this instance refers to some on the spot clever thinking - leaving the person in the ad with an out - from some kind of sticky situation.

When faced with the competitor question, a business or salesperson may believe they have 3 choices.

They can:

Join the Competition

Beat the Competition

Ignore the Competition

Why is it, that many continue to choose c?

Markets are smaller, competition is greater than ever, yet many companies and salespeople persist in choosing to operate “a head in the sand” approach - when dealing with competitors.

A Wake UP Call!!!. Competition is fierce and it’s not going to go away. There are only two real choices, because c is not a choice - It’s in-action and a non-decision.

Wait a minute, I hear you say “what about cutting prices”. Surely; this is an effective way to deal with competitors.

“NO, NO, NO, it’s not”. It’s taking choice C again. Here’s why, cutting prices may have a short-term impact. It will initially win you business. However, sooner rather than later, the competition will work out how to effectively deal with your price-cutting - or they will match it.

So around and around you will go, until you are right back where you started, only this time - you have created a whole new set of problems for yourself.

So here are the 2 real choices.

a. Join the competition through forming strategic alliances and partnerships.

or

b. Beat the competition through competitive positioning, developing a strategy for dealing with the competition question and using competitive selling skills effectively when selling.

When dealing with the competition.  Remember, there is only a and b…………there is no choice c.

In the News

Check out these four posts:

Dave Stein asks “How Do You Fix Sales Ineffectiveness?”in a brilliant post that’s generated lots and lots of debate. Dave says “There is a proven path.  The answers are there for everyone to see.   There are companies you can read about and observe that have achieved sales excellence. So, recession aside, why is sales as a profession and function, losing ground?”

Dave Brock investigates  and attempts to provide answers in his three posts ” Sales Force Ineffectiveness, Conjecture on the Future of the Profession Parts One Two & Three“

Over at TSE

On Tuesday, we will witness the launch of the new Top Sales Expert’s site - probably the most significant sales related site on the internet. To coincide with the re-launch, a new Executive Board has been formed to oversee the team, and a “working commitee” will also be appointed in the coming weeks.

Here is the new board.

Top row, left to right: Paul McCord, Jill Konrath, Jonathan Farrington, Colleen Francis, Keith Rosen and Joanne Black.

Bottom row: Wendy Weiss, Dr. Greg Stebbins, Nancy D. Solomon, Kevin Eikenberry, Linda Richardson and Kendra Lee.

Over at SLI (Sales Leadership Ireland)

Now 145 members and counting, To join click here.

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Btb Guest Author

Dave Brock

This morning, I had an interesting discussion with a client. He was talking about a specific sales situation. Basically, he said that customers were saying there was no differentiation between the products and services his company offered, versus the competitors. He went on to say, they are seeing this response in more and more sales situations. He was at a loss to deal with it — or at least wanted to avoid the ultimate differentiator — at least in this situation — pricing.

I thought I’d throw this issue out there for your ideas and thoughts. I’ll provide a few of mine as a starting point (but by no means complete):

1. I fundamentally don’t believe, “everything is equal,” this is the ultimate point of commoditization. Even in commodity areas, there are differentiators, but they may not be based on product differentiators. I think the problem here is sales people tend to focus too much on the product, and not the total offering or capabilities of a company. When one considers the total offering, the product, the capabilities of the company, the services, etc, things are seldom equal.

2. Often, this view is the result of an inward-out orientation. That is, we present the product features, functions, feeds, speeds to the customer. The “sophisticated” sales person may add some company capabilities. But we dump these facts in the customer’s lap, and let them make the assessment. First, that’s not their job and if we force them into that, then we aren’t doing our job. We need to start with the customer, understanding their business needs, drivers, goals, priorities and challenges. We need to drill deeply into their business issues and prioritize each one — for each person involved in the decision making process. Only when we understand it is it possible to position our offerings in a context that has real meaning and impact to the customer. Done properly–customer by customer, in my experience, it is virtually impossible for everything to be equal.

3. The previous point addresses the customer business drivers. We cannot forget the personal drivers — things that concern each person involved in the decision process, but which we often overlook. People make don’t make rationale business decisions. Often they rationalize deeply personal decisions with a business argument. We need to understand their personal drivers. It may be getting a boss off their back, getting home on time, getting a promotion or bonus, keeping their job. Like the previous point, only when we have understood the personal drivers of each person involved in the decision process and position our offering in the context of “What’s in it for them — personally,” can we differentiate ourselves. Again, from this point of view, it is virtually impossible for everything to be equal.

4. Finally, at least for my comments, I think we under estimate the value we bring to customers in facilitating the customer’s buying process. A strong, consultative sales professional adds tremendous value to the customer as they execute their buying process. My personal experience is this is often the strongest differentiator. Many people have bought from me, simply because I cared about them and their companies. They wanted to invest in a partner who was committed to their success. Maybe it’s my ego, but I am never equal to anyone else!

Enough of my ramblings, what are your thoughts? Can everything else be equal — is our world becoming increasingly commoditized, where the only means of differentiation is price?

Dave Brock works with organizations to help them achieve the highest levels of performance excellence. He helps them identify and execute new business, sales, marketing and customer service strategies. His goal is to have a profound difference on the lives and results produced by his clients. Dave is the founder and CEO of Partners in EXCELLENCE, a leading business consulting company. He has held executive roles in IBM, Tektronix, and other large technology companies. He is an investor, advisor, and director of several high technology start-up companies.

Over at TSE

Shush!!…….keep it quite, but because I am a member of Top Sales Experts - my readers can join for a special discounted rate

In case you missed it, last night was TSE Kick-Off Roundtable “The Future of Professional Selling . The panel of Jonathan Farrington, Jill Konrath, Linda Richardson, Dave Stein and Nigel Edelshain answered questions on wide range of sales topics. It was an extremely rewarding and informative on-line experience, and I had a few people contact me directly to say thanks for making it available through our blog. A BIG well done to everyone involved.

TSE Webinar Series : FIFTY top sales gurus, who will be delivering top class presentations - simply click on the banner below to see the full schedule.

Our webinar series kicks off on the 16th of April with Wendy Weiss’s “Cold Calling in the 21st Century: The New Rules”

On April 21st, we launch “Sales Hardtalk” a daily dose of hard hitting advice, commentary and sales tips - easily downloadable and in bite size chunks, not to be missed.

Finally, at the end of April, the Top Sales Experts team will be launching their latest Ebook, packed with contributions from all of us - more details soon.

Published by Niall Devitt, Btb Business Training

This current economic climate creates a temptation or indeed desperation, where businesses may decide to offer customers much larger levels of discount. My last post talked about why businesses, particularly smaller companies need to be careful when it comes to offering one off or exceptional discounts.

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I have recently added my blog to The Customer Collective, which is an excellent on-line business community for senior executives of sales and marketing organisations.

Dave Stein, who earlier this year delivered various workshops as part of the CEO Series for the Dublin Institute of Technology and Enterprise Ireland’s International Selling Programme, made a very insightful contribution to my last blog post on the CC . The post itself dealt with the issue of competitive selling skills, here’s what Dave had to add.

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