The
Decision to Buy
By Jeff Thull

How often has a sale been lost after we believed the client
clearly understood the problem and would make a logical,
quality decision?
As sales professionals we have been taught that we must
seek out and uncover our client’s decision process.
We are to clearly determine who will be involved, what they
are looking for, what criteria they will use to evaluate
the situation, how much money they will be willing to spend,
and so on. Once we have uncovered the client’s decision
criteria, we are then advised to present our solution strengths,
our added value, to match that decision process.
But what happens when your client does not have a thorough
decision process or seldom, if ever, buys your type of solution?
You may find yourself presenting good information into a
sub-optimal process. All too often, after the presentation,
we find ourselves shaking our heads in disbelief and saying
to ourselves or our team, “I just don’t understand!
We clearly had the best value,” or “They just
ignored the superiority of our service,” or “We
thought they understood the flexibility of our software,”
or “The (insert your best feature here)—they
just didn’t get it.”
Research tells us why they didn’t understand. In
the absence of a high quality decision process the client
is unable to sort through complex problems and the competitive
clutter surrounding them. Consider this question: “What
percentage of your clients have a high quality process to
make a decision regarding your unique technology or services?”
As we survey clients, the overwhelming answer is “Not
very many.” The lack of a good decision process appears
to be the norm, not the exception.
There are three primary reasons why your clients may not
have a thorough decision process and may not be able to
comprehend the true value of your solution.
The first is the ever-increasing level of complex products
and the similarities of the top highly competitive solutions.
In a complex business arena, the client may lack the technical
sophistication to differentiate between options that look
similar on the surface. Additionally, the problems to be
solved and the solutions being offered today are constantly
evolving in their complexity. It’s difficult or simply
impossible to keep up.
Second, the client is likely to have limited experience
in making major decisions regarding this type of product
or service. The more critical or significant the purchase,
the less frequently the client is going through the process.
Down-sizing and reengineering of organizations left many
junior managers to cope with decision responsibilities once
held by seasoned and experienced managers. Simultaneously,
in other organizations, decisions are moving higher and
with more people involved that now influence areas of their
businesses that previously were not their major concern.
The net result of these factors is that your high value
solutions are presented into a less-than-optimal decision
process, resulting in the client being unable to discern
the respective value of various alternatives. In this environment,
the decision outcome is, at its best, random and unpredictable.
At worst, decisions will degenerate to the lowest common
denominator, which typically is a combination of price and
specifications.
A solution provider can solve this predicament by guiding
clients through a process that will help them make a high
quality decision. This process will bring together both
the client and the seller to make a sound business agreement.
Note the emphasis is on a decision process, not
on the selling process itself.
Consider for a moment a correlation between the sales professional
and the client and the physician and the patient. One of
the major values a physician brings to the patient is a
diagnostic decision process. The process is designed to
position the physician and the patient to make a quality
decision regarding the patient’s condition and an
agreement on the treatment.
Again, the objective of the diagnostic process is not to
“sell” surgery, but to guide the patient.
Similarly, it is the responsibility of a sales professional
to diagnose the client’s situation and together they
will make a quality decision about the product or service
to fix the problem.
There are many advantages to building your strategy around
the decision process. First of all, you will be differentiating
yourself by your approach. Clients themselves will tell
you why. While interviewing our clients’ customers
in the area of differentiation, we frequently receive feedback
that they seriously consider the solution presented and
eventually buy from the account manager who appears to “really
know what he was doing” or “has the most thorough
approach” or “asks the questions we hadn’t
considered.”
Sales professionals should pay serious attention to this
feedback. Your questions should support clients’ decision
processes by inviting them to think about areas of the problem
or the solution they would not have considered without your
guidance. You will, after all, gain more credibility through
the questions you ask than the stories you tell.
So, how do you guide your clients through a high quality
decision process that will help them understand the value
of your solution and be willing to invest in it?
The first step is to assemble a group of people within
your organization and, if possible, a few of your best clients.
This group should include those who understand the critical
characteristics of the types of problems you solve and are
able to understand the unique way in which your solution
addresses those issues.
Next, explore the six major focus areas required to arrive
at a quality decision process. They include: thoroughly
diagnosing the problem; determining the financial impact
of the solution; establishing measurable outcomes; understanding
solution alternatives; defining investment parameters; and
establishing the decision criteria. In each of these areas
ask the following questions to help prevent decision mistakes:
- What types of mistakes do clients tend to make regarding
this kind of decision?
- What do clients most frequently overlook or not consider?
Make sure the decision process brings these elements into
consideration.
- What are the most difficult things for a client to
understand?
Determine ways to communicate these elements precisely.
- What must a client understand to reach a fully informed
decision?
Make sure the decision process brings these to the client
in an orderly fashion.
- What level of professional education or experience
is required to understand each specialty area of the decision?
Make sure you engage people in the decision process that
have the required experience or professional background.
If you observe and model what the top 10 percent of professional
salespeople are doing, you will find this approach is the
norm, not the exception. Top-performing sales professionals
are guiding their clients through a high quality decision
process.
You will find qualified opportunities sooner and spend
less time and money on “resource drains.” You
will also find your cost of sales dropping and your sales
revenues and proposal to sales ratios increasing. The end
results are very profitable sales and completely satisfied
clients.
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Jeff Thull is president and CEO of Prime
Resource Group, and a thought-leader in the area of sales
and marketing strategies for companies involved in complex
sales. He is also the author of the best-selling books,
Mastering
the Complex Sale: How to Compete and Win When the Stakes
are High and The
Prime Solution: Close the Value Gap, Increase Margins, and
Win the Complex Sale. His latest book
is Exceptional
Selling: How the Best Connect and Win in High Stakes Sales.
To learn more, visit www.primeresource.com.
Read our other articles by Jeff Thull, Seven
Common Sales Challenges that Prevent Executive Level Access,
How to Prevent Unpaid
Consulting and The
Best Kept Secret of the Selling World.
Also, read two Management Consulting News
interviews with Jeff Thull:
Jeff Thull
discusses why solution selling fails
Jeff
Thull on the sales strategies of top-performing consultants.
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