Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling,...

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description

Today's buyer has changed - more empowered, skeptical and frugal - a condition called Frugalnomics. Unfortunately sales has not evolved to address frugalnomics - as the #1 issue for not meeting revenue targets is the inability for sales reps / partners to effectively communicate the value of proposed solutions. This is the Value Gap. This presentation discusses how visual value storytelling and financial justification / ROI can help bridge the value gap - leading to more more revenue opportunities and improved selling effectiveness

Transcript of Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling,...

Page 1: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO
Page 2: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Let me tell you a story …. What’s keeping you up at night?

Page 3: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

What’s the Value to us?

Feature!Function!Price!

#1 quota issue =

Poor Value Communications

(SiriusDecisions)

Sales reps focused on Value

(Forrester)

Buyers Disengaging due to lack

of Value(Qvidian)

Page 4: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Show Me the Money

95% of buyers require financial justification /

ROI prior to purchase65% say lack research, knowledge, tools to do

analysis themselves

Your Buyers

Differentiating Features

Challenges

Key Improvements / Proof Points

Benefits

Pain Points / KPIs

“Cost of Do Nothing”

Your Solutions

IDC80% indicate 3rd party proof required to trust

vendor provided ROI

Page 5: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Value in the Eye of the Beholder

43% more stakeholders per decision

IT Management

Support

Sales

Marketing

HR

Executive

Products

Page 6: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Value & The Buyer’s Journey

67% of buyers have clear picture of solution before sales reps are engaged (SiriusDecisions)

74%

set the agenda26%

win the Bakeoff

(Forrester)

40% acceleration via better

facilitation (IDC)

Page 7: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Is it All About the Benjamins?

Visual Storytelling

Financial Justification

58% of typical pipeline is stalled (SBI)

Page 8: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Roadmap to Close the Value Gap

Value Matrix Content Audit & Mapping

Sales PlaybookValue Conversation

Thought LeadershipInsights

Diagnostic Assessment

Cost of Do Nothing

Solution Guide

Financial Justification

Proof Points

Competitive Guide

TCO Comparison

Page 9: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Increased Competitive Wins

Enhanced Renewal Rates

Why Change Now?

Faster Rep Ramp-Up

Improved Quota Performance

Less Stalled Deals

More Selling TimeAccelerated Sales Cycles

Greater Deal Size

Storytelling + Justification Guided Selling Customer Intelligence

Visibility

Insights

$8.10 for every $1 invested

Page 10: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

Let me tell you a story ….

Page 11: Mind the Value Gap - Alinean presentation at Qvidian Connect Conference 2014 on Value Storytelling, Insights, Financial Justification, ROI & TCO

(click here to learn more)

Consulting services to develop, harmonize & certify your value messaging & quantification

Interactive tool to guide your value conversations, delivering storytelling, insights, justification & intelligence