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Be
A Solutionist
(Business Leader Magazine July 2002)
For
some strange reason, Webster’s Dictionary doesn’t
contain, nor define, the term Solutionist. However,
in Coach Bud’s MarketingU glossary of
terms it is at the top of the list. In basic
terms a Solutionist is one who provides
solutions. Like a lot of concepts it’s a
simple one to understand but often tough to
implement. It often requires a complete change
of mindset by everyone in the
company…beginning at the top.
With
a negative economic impact of the past year’s
events, we all have to re-think ways to
fulfill our purpose and keep our
“entrepreneurial spirit” alive and well.
Because of the slowed economy and the “filter
down” effect on small and medium sized
businesses, we have to closely examine the
strategy we implement. A strategy that worked
six months ago may be obsolete today. Here is a
strategy that, if you truly embrace it, will
better prepare you for the “bad” and “good
times”.
When
you become a Solutionist you add
tremendous value to the relationship you have
with your client. Buyers of products and
services are looking for a solution for a need,
want or desire. They want someone to understand
their situation and bring them a solution.
Another characteristic of these “purchasers”
is, particularly business-to- business, they are
extremely busy people (aren’t we all).
Typically, they don’t have a lot of time to
“shop around” for solutions. This can be in
your favor if you are a Solutionist.
The
crowded, competitive marketplace requires that
we discover a way to differentiate our company;
our products/services and ourselves. Otherwise,
we find ourselves in a “commodity” market
where the lowest price becomes the client’s
highest priority.
Being the “low-priced leader” is not
the reputation most of are looking to create.
Let’s leave that to the Wal-Mart’s of the
world. Becoming a Solutionist takes you
out of the “commodities” market.
To
further convince you to consider becoming a Solutionist
(are we there yet?), maybe the results of
research conducted a few years ago will help. A
survey of 10,000 buyers across the country
(ours) gave a clear picture of what people want
when they do business with you. In a nutshell,
the results indicated buyers expect five things
from you: reliability (they can
depend on you), assurance (you
demonstrate trust and confidence), tangibles
(neatness counts), empathy
(understanding) and responsiveness
(be quick about it). Notice something
missing? You’re right…price. Now, let’s
put price in perspective. Just because you meet
the five expectations, doesn’t mean you can
charge a lot more than your competitors.
However, it does mean that price is far less
important…when you meet or exceed their
expectations. Interestingly, when you put the
first letter of each expectation together it
spells rater.
Take
a moment to rate your company in these five
areas. How well do you meet your client’s
expectations?
Okay,
okay, enough you say, “I am convinced that
being a Solutionist (24/7/365) will
greatly enhance my success and position my
company to ride out the tough times as well as
the good times”. Great. You are now ready to
adopt the “Pledge of the Solutionists”.
Pledge of the
Solutionists
I
am 110% focused on the needs of my
customers/prospects.
I
will demonstrate by my actions that
my customer is my top priority
I
realize that when I help others
succeed, I succeed
I
will ask my customer, “How are
we doing for you?”
I
will ask my customer, “What can
we do to better serve your
needs?”
Congratulations,
now that you have adopted the “pledge”
it’s time to establish it as the fundamental
foundation of your company’s culture. For this
to work, every person in your
company must embrace the “pledge”. More
importantly, every person must demonstrate
they can live by the “pledge”.
Master
Solutionist
Are
you ready for this? If you want to be a Master
Solutionist you build a vast network of qualified resources and become a
resource center for your clients. For example,
if your expertise is in software development and
your client expresses the need for additional
hardware you can recommend a resource to fulfill
that need. Remember, when you recommend a
resource, your relationship with your client is
on the line. Your recommendation better be
someone you have complete trust and confidence
in to fulfill the client’s needs. When you
earn the trust of your client enough to ask you
for resources outside your immediate
expertise…it doesn’t get much better than
that.
In
the example cited above, you may want to extend
that resource into an alliance. An alliance in
this context means formalizing an agreement with
a preferred hardware provider. The written
agreement can simply be an agreement to “open
the door” to each other’s clients who have a
need for the other’s expertise. This
arrangement should not be simply,
“You give me some leads and I’ll give you
some”. This doesn’t work. Very quickly who
gives and who gets is out of balance.
Relationships are strained. When you have a
financial arrangement with a specified
percentage (typically 10-20%) of billing going
to the person who opens the door to the client,
the issue of who gives the most leads is not a
factor.
When
you become a Solutionist you
differentiate from the seemingly infinite number
of competitors. You build a strong, lasting
relationship with your clients. And…you have
fun doing it.
May
you achieve the success you EARN.
If
you have ideas, tips, concepts or thoughts you
would like to share with other entrepreneurs,
please email them to me at headeagle@whereeaglesflock.com
and I will post them on www.whereeaglesflock.com.
"Coach
Bud" Coggins provides 40 years experience to
help his clients attain the two goals of marketing…to
retain and obtain customers. He is Head Eagle
of "Where Eagles Flock", an organization for
entrepreneurs only. He can be reached at headeagle@whereeaglesflock.com
or
(919) 848-9299.
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