Achieving Competitive Advantage

Post on 15-Jan-2015

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Achieving Competitive Advantage means increasing your competitive separation relative to your competitors. That means differentiating your offer at Level 2 and Level 3 of your customer's perception of value. It's not about your product, it's about the service and support that your customers get (Level 2). The ultimate point of differentiation is the End2End Customer Experience (Level 3). Design and align all customer touchpoints to maximise the E2E Customer Experience.

Transcript of Achieving Competitive Advantage

Opportunity or Threat?

Problem the

Avoiding cloud-hypnosis

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Cyber threats are . . .

You need to double your protection

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Become a Trusted Advisor

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Trusted Advisors -> Stickiness

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Business the

Opportunity

Customer retention

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Business continuity

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“When the rate of change externally is greater than the rate of change internally, you have a problem.”

- Jack Welch

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External speed of change

Internal speed of change

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Business

Capacity to

to

New technology

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Remaining relevant in unfamiliar terrain

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Specialised SMB Program and tools

Get ahead of the Competition

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Stay ahead of the Competition

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An accident waiting to happen

1 2 3

3 ideas for today’s webinar

Becoming a Trusted Advisor 3

Paradigm Shift: Old -> New 2

Differentiation happens in the Channel 1

Standing out from the crowd

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Differentiation

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Differentiation

Avoid looking in

the wrong places

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It’s all about the target

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Basic Product/Service: • Technology • Price performance • Product quality

Enhanced Services: • People • Perceived value • High touch • Exceed customer expectations • Delight and astound customers

Basic Product/Service

Support Services

End2End Customer Experience

Differentiation: 3 Levels of Perceived Value

1

2

3

Basic Product/Service

Support Services: • Levels of support • Quality of service • Systems • Processes

Differentiation = your

Inner Advantage

Differentiation

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You are the difference

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Becoming a Trusted Advisor 3

Paradigm Shift: Old -> New 2

Differentiation happens in the Channel 1

Paradigm shift

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Trusted Advisor Mindset

Old Paradigm

Be rational

Be cautious

Aim to satisfy

Be practical

Innovate when necessary

Get it mostly right

Think like an engineer and

feel like an accountant

New Paradigm

Be passionate

Lead, don’t follow

Aim to surprise

Be unreasonable

Innovate incessantly

Sweat the details

Think like an engineer and

feel like an artist

Becoming a Trusted Advisor 3

Paradigm Shift: Old -> New 2

Differentiation happens in the Channel 1

Buyer Personas

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Identify early adopters

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Trusted Advisor relationship

They buy a

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How do you build

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By being

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You create

by

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You can tell a person is clever by their answers,

you can tell a person is wise by their questions

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Nothing redirects people’s thinking better than a well phrased question

Not all questions

were created equal

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1.“The shorter the

question, the more likely

we are to get a long

answer.”

Trusted Advisors

engage their

customers with

diagnostic questions

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Diagnostic Questions - examples:

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1.“The shorter the

question, the more likely

we are to get a long

answer.”

The shorter the

question, the more

likely we are to get a

long answer

Trusted Advisor relationship

They buy a

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Eliminating barriers to success

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Get it wrong

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Get it right

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Get it right

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David R Ednie President & CEO

SalesChannel Europe Ph: +33 676 60 09 25 (FRA)

Email: david@saleschannel-europe.com Website: www.saleschannel-europe.com