Increasing margins for
Step 1: Identify
profit leaks
Uncover where you clients are loosing money - aka their profit leaks.
Not always easy to identify their profit leaks, you need to do some digging (Watch the video to learn the questions that reveal hidden profit leaks.)
Profit leaks are often hidden in people, processes, inefficiencies, wasted labor, rework, material loss, missed deadlines, or outdated technologies
This is the first step to creating urgency.
Add fuel to the urgency fire by attaching a dollar value to their profit leaks.
Shift the conversation from products to significant business impact.
Pinpoint the issues draining the most profit from their business.
Position yourself as the partner who can stop their dollars from slipping away.
Clearly show the gap—the delta—between the cost of their problem and the value your solution delivers.
Shift the conversation away from "What does your solution cost?" to "How it impacts your customer's business"
Clearly show the financial impact of your solution - how much will they save, recover, or gain?
No more pitching products – but a profit improvement plan.
What comes around, goes around
By showing how you can help your customer increase their margins, so to will the margins on your deals!
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