five keys to a sales & marketing competitve advantage
TRANSCRIPT
LIFT | LLC . Michael Linder . 616.460.3395 . [email protected]
In a market where products and services can sound very, very similar, where differentiation is difficult and customers are well educated, ask yourself: 1. It all starts with the customer. Are our customer contacts a competitive advantage?
2. People buy from people. Is each key person in each key role delivering a competitive advantage? Is your approach to hiring, continuous improvement, compensation and leveraging talent a competitive advantage?
3. Is our integrated sales and marketing “system” a competitive advantage? If you do not have a sales organization, do you have an integrated system that supports the sales and marketing efforts of your selling entity?
4. Is our product knowledge a competitive advantage? If so, who in your organization owns it — and, is how it is shared / communicated a competitive advantage?
5. Is our market knowledge a competitive advantage? If so, who in your organization owns it — and, is how it is shared / communicated a competitive advantage?
Ask these questions of yourself and then your key stakeholders [your staff, your vendors, your customers]. Then ask, “What do we need to do in order to acquire a competitive advantage in the above five areas?” As you generate and develop your ideas, enhance and expand them by asking: § Which idea[s] will have the greatest impact on revenue generation? § Which idea[s] will have the fastest impact on revenue generation? § Which idea[s] will have the greatest impact on the most customers? § Which idea[s] will have the greatest impact on our best customers? § How can this idea be made better? § How can we do this faster? § How can this idea be made bigger? Massive? § How can we make this idea uniquely ours? § Who can I partner with to make these ideas bigger and/or better?
5-Keys to Gaining A Sales and Marketing Competitive Advantage Ask the right questions