Solutions selling is something that we do online- or should be striving to do.
The idea of this article came from McKinsley, where they discussed solutions selling- the need for it, but in reality we are not doing it.
There is a difference between selling a product and selling something the customer requires. This, in a round about way, is content marketing:
As Salesforce.com puts it:
"Solution selling focuses on the customer and the problems they’re experiencing. Like box pushing, product selling focuses on the product and selling as many of them as possible — regardless of whether or not the customer needs the product. This shift in perspective means that solution selling is a more consultative and relationship-focused process than product selling."
The importance of solution selling:
Solution selling builds trust-based relationships by focusing on the Return on Investment (ROI) for the customer. It goes beyond product features, considering the customer's goals, pain points, and desired outcomes.
Again, Salesforce:
At its heart, solution selling is all about the ROI that your prospect can get out of your recommendations, not pushing features on them in hopes of making a sale. This builds trust-based relationships and meets the prospect’s need to work with someone who puts their best interest at heart.
Rather than focusing on your product’s features and benefits, solution selling is centered around your prospects’ needs:
The seller should go beyond the surface-level handshake and really understand the buyer’s industry, challenges, and goals. When you walk in your customer’s shoes and understand their pain points from the inside out, you are much more qualified to tailor the right solution to them. The solution seller’s role is to provide insight that helps customers see a vision of a better future.
Steps of Solution Selling:
Online we are trying to sell something. We have a product and build around it articles and video that would get people to sell the product.
For example, how many people go down this route:
We are in a sales mentality
This is not what solutions selling is all about.
What you need to do is look at the landscape of Amazon. Maybe:
So now your website would be able to funnel and discuss certain avenues that might not have been open initially- maybe even a flow chart. So instead of:
It would be:
Time and time again businesses that interact heavily with customers, finding out their needs, discussing products etc (especially within an industry that they know) is hugely beneficial.
This works very well when there is rapport between the sales rep and the customer- which can easily be achieved through social media comments feedback.
But where this goes down is the training. What McKinsley found was 3 issues:
It is also a very time consuming technique. To spend time writing articles of need and also responding to individual comments takes time. Sure AI can help in this department especially "how can I help you" AI on websites- has shown to increase interaction.
Some websites state that you should only do solution selling with certain accounts- like higher payment ones. However this again is going slowly into normal selling practices. Why? When we owned a medical website we responded to questions from our visitors from the comments on the blog. Sure these were questions with the ending: "its best to check it out with your Dr anyway" but how do we know who is and isnt going to buy? Most of the time directing to another place, another part of the blog was all what was required to start them in their journey. Sometimes people are just overwhelmed with options and content. That first touch interaction is time consuming, but effective (and rewarding at the same time). Those same people commented on our Facebook pages. They were the "champions" of the brand and site. Guess who bought product when we released it?
So remember- customer first then which products are going to help which customers.
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