Is Solution Selling outdated?

Is Solution Selling outdated?

It’s no longer the sales process that counts. Say hello to the Empowered Customer.

Solution Selling is very common jargon used in many sales organisations. Companies that have introduced this method have gained a competitive advantage as a result of the way in which their sales people are successful in formulating the value for their customers.

This is how you sell solutions:

  • Discuss client needs using open questions, creating a vision and a solution together with the client. This gives the seller the greatest possible impact on what the client will ultimately buy.
  • The packaging of products and services in such a way that a total solution is created to satisfy client needs. A classic example was Apple with iPod and iTunes in contrast to a normal MP3 player.

Trend reversal: more power for the customer

The internet and social media have brought about an important shift in the way people are informed and how they make their purchase decisions. Since a a couple of years we have seen a trend reversal which has undermined the impact of Solution Selling. The customer now has the power. It’s no longer the sales process that counts; the purchasing process (customer journey) now has the upper hand. Welcome to the Digital Era. Customer interaction and sales discussions have to be different now to achieve good results.

Not just information, but conversation

You can still achieve a sustainable and competitive advantage in this new digital era. But now your customer knowledge forms the basis for the development of new products and services to satisfy the increased needs of better informed customers. Your marketing and sales don’t provide information so much anymore; instead they go into a conversation to improve the customer relationship with more engagement. A better experience and the proven impact of your solution will result in a higher margin and lower sales cost.

Difference between Solution Selling and Buyer-Aligned Selling

SOLUTION SELLINGBUYER-ALIGNED SELLING

What is the starting point?

As a ‘consultant’, make it possible to discuss requirements and guide the customer in their thought process until the specific solution is bought.Ability to question the customer’s beliefs and provide new insights to complete the picture.

Which process is required?

Your entire sales organisation using a proven sales process. All your activities and measurement systems must chart and improve its effectiveness and application.A dynamic buying process based on customer experience. Enable sales & marketing to adapt to the buyer’s mental phase of purchasing at any moment. Internal processes and measurement systems are designed to take the right action, at the right time and involving the right people.

What’s important?

Ask the right questions to discuss the challenges that can be resolved by the solution you are offering. The strengths must be explicit and demonstrable from the structure of the approach.Empathy with the customer situation and for everyone involved the use of language specific and adapted to the role and industry. This demonstrates an attitude which shows that helping the customer is the highest priority.

What knowledge is crucial?

Knowing the relationship between the customer’s challenge and the strengths of your products and services.Broad understanding of the customer situation: environment, challenges, aspirations and requirements.

What skills are crucial?

Prospecting, questioning techniques, listening skills, diagnosis, and persuasiveness.Customer focus, relationship-building, ability for concrete visualisation of your offer’s value and impact as well as the capacity to influence the willingness to change. Social Selling and the right mix of digital and human touch points are crucial elements in this.

What is the relationship between sales and marketing?

Marketing supports sales, and the two are aligned. Marketing ensures that both the customer and the seller are informed. Marketing generates leads for sales.Both are integrated and fully designed to match the customer’s buying process. As well as generating leads for sales, marketing is also responsible for the conversation with the customer and increasing engagement with the customer target audience.
Perpetos WebinarHow to Move Stalled Sales Opportunities?

[ON-DEMAND WEBINAR]
How to Move Stalled Sales Opportunities?

  Procrastination comes in different guises. 3 steps to avoid procrastination
  Dealing with Late Cycle Concerns

About Pascal Persyn

Pascal supports organisations in delivering commercial excellence in the areas of Sales Enablement, Content Strategy and Buyer Journey Enablement. His pet projects are about helping companies overcome challenges due to the empowered customer and thus evolving into buyer-aligned organisations. His executive experience in private, VC-backed and public companies enables doing the right thing at the right time with the right people. Don’t hesitate to contact Pascal for expert advice: pascal@perpetos.com