SME Online Forum: Value Propositions

SME Online Forum is a monthly session for techUK's SME members. Each month, we'll focus on a different topic important to SME members and hear from thought leaders and professional to support your business. The session also provides a opportunity to discuss and network with peers and colleagues.

Value Propositions

What’s your value proposition?

When prospects ask simple questions like “What are you selling?” or “Why should I buy from you?”, do you have an equally simple answer?  One that’s relevant to their needs and gives them a compelling reason to buy?  And one they can remember when they get round to making a decision?  Or do you start listing funky features and hope the customer can work out the relevance for themselves?

To cut through the clutter, tech vendors need to be able to articulate a clear and concise set of customer-relevant benefits, not features.  Ideally in a few seconds and without PowerPoint…

In this session you’ll hear a few facts about prospects’ ability to absorb and recall your sales message that will make you question what and you sell and how.  And learn a few simple techniques that will make those messages more relevant and ‘sticky’. You’ll benefit from more cost-effective sales and marketing activity, higher win rates and reduce your cost of sale.

Speaker: Mike Ward

Mike’s been writing value propositions for 45 years.  25 in blue-chip advertising agencies and the last 20 mainly on large complex bids where he’s helped clients win contracts worth over £2bn.  He’s sold everything from varicose vein clinics to VR-enhanced military software and says “There’s an infinite number of features, but only a finite set of customer benefits.  The trick is to work out which are the most relevant and compelling to your customer”. 

Agenda

  1. Introduction
  2. Mike Ward, Value Propositions
  3. Case studies
  4. Q&A
  5. Open forum