Selling Solutions. How to Use the Pain Chain to Sell Technical Solutions



Similar documents
Best Practices for Service Management

Help Desk Management 5 Tips to Increase the Efficiency of Your Service Team

ConnectWise ebook Series Create a Referral Program to Grow Your IT Business

SunRun Power Plan. Contact us at or to find out more!

HOW A MOBILE CRM MAKES YOU MORE SUCCESSFUL

25 Questions Top Performing Sales Teams Can Answer - Can You?

CRM SOFTWARE EVALUATION TEMPLATE

The Seven Deadly Sins Of Car Buying That Could Cost You Dearly, And How To Avoid Them

HOW A CRM HELPS YOUR BUSINESS GROW

Making the Transition from VAR to MSP. Four essential requirements for building and running a successful managed services business

Whitepaper. Choosing the Right Athlete Electronic Health Record System. Dave Glickman Chief Operating Officer, Presagia.

7 Tips to Maximize Profits as a Hosting Reseller

Dive Deeper into Your Sales Metrics: 4 Ways to Discover Hidden Sales Treasure. Rich Berkman Qvidian

How to Choose the Best Inbox Integration for Salesforce

Louis Gudema: Founder and President of Revenue + Associates

Why You Should Automate Invoice Processing Today. Your organization's survival could depend on it

Managed Services. Your 10-Week Guide to Becoming an MSP

5IMPROVE OUTBOUND WAYS TO SALES PERFORMANCE: Best practices to increase your pipeline

707 RESOURCE MANAGEMENT SUCCESS STORY

A Learning Paths Whitepaper. Rapid Onboarding 3 Keys to Success

CRM: The Golden Rules CRM. The Golden Rules. Part of the Waterdale Group of Companies

Why Do Business With Us

How to Prosper in a Recession: Fire Your Low-Performing Salespeople! by Jeffrey L. Josephson President, JV/M, Inc.

CRM Basics. Applies to: CRM Online 2015 Update 1

Basics Guide. Applies to: Microsoft Dynamics CRM Online Microsoft Dynamics CRM 2015 (on-premises)

WRS CLIENT CASE STUDIES

VIDEO 1: WHY INBOUND?

Moodle Implementation - Build or Buy?

SUCCESS FACTORS IN SELECTING THE RIGHT TICKETING SYSTEM

TOP 10. Features Small and Medium Businesses

CONTACT CENTER 09: Five Steps to a Lean, Customer-Centric Service Organization

Sales & Marketing Services & Strategy

Top 10 Considerations for Selecting the Right RMM Solution

CRM. Booklet. How to Choose a CRM System

WHITE PAPER BUILDING A BUSINESS CASE FOR PAPERLESS TREASURY SOLUTIONS

How to Choose a CRM System.

Customer Relationship Management and how you can. use CRM technology to manage and grow your business.

AP Automation and SAP. An Industry Perspective and Lessons Learned in the SAP ERP market

HOW A CRM SOLUTION HELPS SMALL BUSINESSES

How To Buy A Crm Solution

The Cost and Benefits of On-Demand vs. On-Premise Procurement Software

STRONG CULTURES SELL MORE FRANCHISES-PART 1 (Part 1 of 2) Originally Published September 2010 By Evan Hackel

Do slow applications affect call centre performance?

Microsoft Dynamics ERP Volume (SMB Segment) Telesales Guide

WRS CLIENT CASE STUDIES

The Operational CRM ebook

I. Computer Consulting in the 21 st Century

BI Dashboards the Agile Way

Sales Lead Brokerage Profit Plan Bonus Document

DIGITAL MARKETING 101:

The Business Owner s Guide to Selecting CRM

SAP Solution Overview: SAP Cloud for Sales Sell Smarter and Engage to Win with SAP Cloud for Sales

Growing MSP Uncovers Huge Service Efficiencies With Network Infrastructure RMM

Copyright Brad Kendall

Who s Using HealthEngine. Products and Pricing. General Practitioners. Official partner of

Customer Relationship Management (CRM)

Seven Things You Must Know Before Hiring a Plumber

LEARN HOW TO RECEIVE A 200% TO 300% HIGHER RETURN ON YOUR INTERNET LEADS

2. What we all Hate About Sales Processes Why We Should All Love the Sales Process The Elements of an Ideal Sales Process..

6 Ways to Close Leads Faster (and Easier) than Your Competition. Discover the Secrets of Closing Internet Insurance Leads

Managed Services: Why It s Good for Business

Making HR Simpler. A Guide to HR Software in the Cloud

Marketing: How to Create an Instant Flow of NEW and REPEAT Customers with Your Website

Guideline to purchase a CRM Solution

7 Signs You Need Advanced Analytics for Salesforce.com (or any CRM)

Membership Management Software

Winning the EHR Replacement Game: Success Strategies for Better Satisfaction

40 Tips for Evaluating and Purchasing New ERP and Business Management Software

Customer Relationship Management (CRM) Business Guide. Superfast Business Wales

Secure Your Success. Intel Security Partner Program

marketing checklist new & updated for 2014 Tired of never having a steady stream of NEW customers, clients, or patients?

UNDERSTANDING EFFECTIVE LEAD GENERATION TICK #THINKGROWTH

What is a sales methodology?

Get Your Head in the Cloud

Standard Life Active Retirement For accessing your pension money

What Salespeople Need to Know About Video Conferencing

Transcription:

Selling Solutions How to Use the Pain Chain to Sell Technical Solutions

Introduction If I had one hour to save the world, I would spend 55 minutes defining the problem and only five minutes finding the solution. - Albert Einstein As an IT service provider, it pays to take heed to this quote from Albert Einstein. The quote illustrates an important point: before you try to solve a client s problem, it s important to take time up front to make sure you fully understand it. One way to do this is by using the Pain Chain, a sales tool that can help you map pain points throughout an organization. This ebook will explain what a Pain Chain is, how it works and how to use it as a successful sales strategy. This ebook also includes a worksheet that you can use to map out a Pain Chain for your clients. When used correctly, the Pain Chain becomes a useful tool that can help you strengthen your relationship with your clients. You may not be saving the world, but for your clients, you re the IT hero who keeps their business running. To be a successful solutions provider and achieve long-term success, you must invest sufficient time up front to identify and understand what causes your prospect pain. By identifying the pains and pinpointing their sources, you can track the pains, find out what causes the pains and determine who it affects. Then, by mapping out a Pain Chain, you ll be better prepared to provide solutions that make your clients IT problems go away.

Introduction Pain Chains are pictures depicting the key players and their pains, the contributing reasons for their problems, and the impacts of those pains on others in the organization. - Keith M. Eades, author, The New Solution Selling A Pain Chain is a powerful visual map introduced by Keith M. Eades in his book, The New Solution Selling: The Revolutionary Process That is Changing the Way People Sell. By understanding these connections and where they create interdependence, you can do a better job selling your solution and demonstrating its value to your client. This will differentiate you from your competition since you ll develop a full understanding of your clients business and the challenges of their environment. 1 When you take the time to understand your client s needs and objectives during the sales cycle, you ll build a stronger relationship with your client. When you build this relationship, your clients will view you as a trusted advisor, rather than as a salesperson. Now we ll examine how you can use the Pain Chain to develop a better understanding of where your clients are feeling their pain so you can develop a winning sales proposition. In a sales conversation, IT service providers can use the Pain Chain to help determine the source of pain and discuss, with the right people, how to eliminate or mitigate its effects. As you go through this process with your client, you re likely to find that the undesired results are simply a symptom of a larger problem that a quick surface analysis won t uncover. You have to dig deep beneath the symptomatic problem to uncover the root problem. 1 Keith M. Eades, The New Solution Selling: The Revolutionary Sales Process That is Changing the Way People Sell, McGraw-Hill (c) 2004.

Table of Contents How to Use the Pain Chain to Sell Technical Solutions Chapter 1 A Better Way to Sell Technical Solutions Chapter 2 What is the Pain Chain? Chapter 3 Example: Creating a Pain Chain for a Doctor s Office Chapter 4 Pain Chain Worksheet

Chapter 1 A Better Way to Sell Technical Solutions

Chapter 1 Chapter 2 Chapter 3 Chapter 4 You re in the IT business because you ve studied, understand and can apply the technology. However, this experience doesn t necessarily prepare you for selling solutions. A key point to remember is that when you re selling technology, your clients don t necessarily want to know the details of how technology is solving their problems. They are interested in the results you can provide security and stability. Think about it this way. If you re flying from Miami to New York, you probably don t care that the Boeing 747 you are flying on has three engines: a Pratt & Whitney PW4062, Rolls-Royce RB211-524H2-T and General Electric CF6-80C2B5F. You just want to safely get from point A to point B. Your clients view IT solutions the same way. Your clients don t necessarily want to know that your RMM tool allows for advanced scripting and patch management. They just want their computers to work. Your success as an IT service provider is measured by your ability to satisfy customer needs and communicate how your solutions add value. Remember, for your customer, that value begins with minimized down time, system and data security and proactive maintenance. Chapter 1 A Better Way to Sell Technical Solutions

Chapter 2 What is the Pain Chain?

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Pain Chains are pictures depicting the key players and their pains, the contributing reasons for their problems, and the impacts of those pains on others in the organization It captures the essence of this type of interdependence and helps salespeople identify and solve problems across a company or enterprise. 2 IT service providers can use the Pain Chain as a blueprint for implementing the solution. By following the chain of pain throughout an organization, you can: Create a picture that identifies decision makers and stakeholders and links them to specific functions, processes and systems. It shows relationships and identifies their problems or concerns the pains. Determine the cause of their pain and impact. Determine how the pain s effect spreads through the organization and affects people beyond the original source. Apply the value you re selling to each link of the chain. quick tip When you meet with your client, try to talk to as many key players as you can to determine what pains are felt throughout the organization. Use the three questions below as a starting point, but make sure you tailor the questions to fit your sales approach and your market. 1. What are your current challenges (pains) and what business processes do they impact? 1 2. What causes this challenge? At this point, you may find out if the issue is caused by another level in the organization. 3. What is the consequence of the challenge? 3 2 Ibid 3 Reede, Pieter, Discover The Pain Chain, January 11, 2010, http:// pieterreede.blogspot.com/2010/01/discover-pain-chain.html Chapter 2 What is the Pain Chain?

Chapter 3 Example: Creating a Pain Chain for a Doctor s Office

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Job Title Pain Reason Our Solution Physician Practice Manager Medical Biller Receptionist/ Scheduler IT Specialist Is spending more time managing business than helping people. Privacy and security issues. Need better systems so they can be more efficient. Current system keeps them too busy with manual processes and is unreliable. Feels burden of trying to make the system work, when it doesn't really fit the needs of the practice. Privacy, security and cash flow issues. Need better systems/ security to keep information confidential. Current IT system is slow and cumbersome. HIPAAcompliant software is hard to use. Can t turn paperwork into electronic files, creating privacy issues. System doesn t allow for growth; manual processes. Now that you know the main questions, we ll use potential answers to help you develop a Pain Chain, using a doctor s office as an example. When you talk to a physician, you may learn about a common frustration many doctors feel: I became a doctor because I want to help people. Now it seems I spend less time actually seeing patients and more time managing my business. He s worried about privacy and security issues and cash flow, which in turn become his practice manager s pain. When you ask the practice manager what causes her pain, she may say: We really need a better way to keep all this information confidential. And, we re having cash flow issues because the staff is so inefficient. Meanwhile, the medical biller may be trying as hard as she can to work efficiently and keep information confidential. She has her own ideas about what s causing these inefficiencies: I m doing all I can, but it s difficult to keep up when our software is so hard to use. And, the entire system slows down, and even comes to a stop when it gets overloaded. Plus, I feel like our system could come under attack because the security software is not updated on a continuous basis. Like the medical biller, the receptionist is feeling pressured to work more efficiently. She has her own set of issues: Chapter 3 Example: Creating a Pain Chain for a Doctor s Office

Chapter 1 Chapter 2 Chapter 3 Chapter 4 There is so much to keep up with! It would be so much easier and secure if we could scan everyone s files and file them electronically. Then, once I get caught up, our system often goes down, and I can t even make an appointment. Finally, you talk to the practice s IT specialist, who feels a huge weight on his shoulders: Our systems are so outdated, they can t handle our growth. We really need a major upgrade to make our system more secure and stable. quick tip 2 With the Pain Chain in your selling toolbox, you can capture new business and build new revenue streams. Chapter 3 Example: Creating a Pain Chain for a Doctor s Office

Chapter 4 Pain Chain Worksheet

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Create Your Own Pain Chain Using the previous Pain Chains as examples, create your own Pain Chain. Start at the top by listing a person s job title, the pain that person feels and the reasons for his pain. Then, think about how the reasons become a pain for another person in the organization. Repeat this process for everyone in the organization as you work your way down the list. Then, determine how you can show your client the value of your IT services with your solutions. With this information in hand, you can create a Pain Chain. Job Title Pain Reason Our Solution Chapter 4 Pain Chain Worksheet

Conclusion Using this information, we created a pain chain about the staff s concerns about privacy, security, and cash flow (see chart). Notice that one person s analysis of the problem is the next person s worry. The worry or pain flows through the organization and means different things to different people. 4 As you went through the process above, you probably started thinking about how you can offer IT solutions to solve each level of pain. Now that you know your client s pains and the reasons for their pain, you ll be better equipped to show how your solutions address each pain. When you re meeting with a client, using the Pain Chain can help you apply the value of your solutions to every pain throughout an organization. By taking this approach, you can determine how the pain flows through an organization and the ripple effect it creates. Using the pain chain will also make you stand out from your competition, because you ll have a better understanding of your clients business environments. When you ve reached the point where you can correctly identify their issues and provide solutions, you ll increase your opportunities for growth while becoming a true IT superhero. As you continue to address your clients pains with expert technology, planning and assistance, your business will thrive. 4 Mike McCormac, Pain Chain - a great tool to understand customer value, November 9, 2010, http://www.salessuccessandmore/painchain-a-great-tool-to-understand-customer-value About ConnectWise Available anytime, anywhere, 24/7, ConnectWise is the leading business management solution designed exclusively for technology organizations, such as software companies, hardware/ software resellers, IT solution providers, MSPs and System Integrators. Created by technology professionals, ConnectWise provides industry-leading software for support and ticketing, CRM, project management, invoicing, time tracking, procurement, and sales quotes and proposals. But ConnectWise is much more than just software. ConnectWise offers access to discounted tech certifications, community, best practices, forums, a robust online university, and business and technical consulting. Over 65,000 professionals, in 5,000+ companies, rely on ConnectWise to provide a 360 degree view of their technology driven organization.