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Value Selling: The Ultimate Guide to Valued-Based Selling

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Value-based selling focuses on the value that a product or service provides to the prospect. According to a study, 87% of companies prefer value-based selling to understand the effectiveness of their sales process. Compared to other models, value-based selling models result in more closed deals, improved upselling, and increased customer trust and loyalty. Sounds pretty good, right?

In this post, we鈥檒l explore the world of value-based selling, looking at examples, benefits, and strategies to help your sales team fill their pipeline and crush their quotas. Whether you鈥檙e a seasoned professional looking to refine your or a business owner aiming to unlock the full potential of your product, this guide will provide you with the insights and tools you need to thrive in today鈥檚 competitive market.

Value Selling Meaning

鈥淰alue selling鈥 is a that emphasizes the benefits of a product or service to the prospect throughout the sales process. It鈥檚 also known as 鈥渧alue-added selling鈥 and can include consultative selling. 聽

Value selling aims to showcase how a solution will solve the prospect鈥檚 problems and provide significant benefits. It could include highlighting outstanding quality, superior customer service, long-term cost savings, or any other factors that differentiate the product or service from competitors. This builds anticipation for the positive outcomes customers can expect from your solution.

Value selling can also lead to stronger relationships with prospects because the sales rep actively listens to them to uncover what truly matters.

Feature Selling vs. Value Selling

Unlike value selling, feature selling pays more attention to showcasing a solution鈥檚 specifications, functionalities, and attributes. While this method has its merits 鈥 especially for prospects who are interested in technical details 鈥 it can leave the prospect struggling to see the practical implications of the features presented.

Value selling is a holistic approach that focuses on the customer鈥檚 journey and the transformative power of the solution you鈥檙e offering. It鈥檚 about painting a vivid picture for the prospect, showing them how the product or service fits seamlessly into their world and solves their problems.

Feature Selling vs. Value Selling

Value Selling Example

Let鈥檚 look at an example of value selling:

Imagine you鈥檙e a SaaS company that offers project management software. If you were to adopt a feature-centric approach, your sales pitch might sound like this:

鈥淲e have a project management software with features like task tracking, file sharing, and team collaboration.鈥

However, in a value selling approach, instead of overwhelming the prospect with features, the sales rep engages them in a thoughtful conversation. They ask questions, listen actively, and focus on the prospect鈥檚 pain points. They don鈥檛 just talk about what their solution can do 鈥 they illustrate how it can specifically solve the prospect鈥檚 problems, save time, and boost their efficiency.

Your sales pitch might now look like this:

鈥淲e understand that your current project management processes are time-consuming and often result in missed deadlines and miscommunication. Our software streamlines task tracking, facilitates seamless file sharing, and enhances team collaboration. By implementing our solution, you can increase project efficiency by 30%, reduce missed deadlines by 50%, and improve team productivity. These improvements translate into cost savings and increased profitability for your business.鈥

This second pitch demonstrates a customer-centric approach, emphasizes benefits over features, and quantifies the impact on the prospect鈥檚 business. 聽The prospect will feel heard, understood, and empowered.

The choice becomes obvious, and as the value-driven partner, you win the prospect鈥檚 trust and business.

Benefits of Value-Based Selling

Let鈥檚 take a look at some advantages of employing a value-based selling approach:

Improves Buyer-Seller Relationships

In a world where prospects are bombarded with impersonal options, a genuine connection can be the differentiating factor that makes prospects choose your brand over competitors. Approximately now act as valuable consultants, assisting buyers in solving complex problems and addressing specific needs.

This will help your sales professionals develop a closer and longer-lasting customer relationship. 聽Evolving your sales practices from a one-off transaction to a value-driven partnership enables you to secure predictable, sustainable revenue through cross-sells, upsells, and renewals.

Closes (Bigger) Deals Faster

When prospects understand the tangible value they stand to gain, they鈥檙e more inclined to commit to larger deals, increasing the overall revenue generated per sale. Companies implementing value selling can .

When you focus on presenting the unique value your offering brings to them, you streamline their decision-making process and eliminate objections. This proactive approach allows sales professionals to guide prospects seamlessly through every

How to Sell Through With a Value Selling Framework

How to Sell Through With a Value Selling Framework

Value-based selling isn鈥檛 just a strategy 鈥 it鈥檚 a mindset. To help you succeed, here鈥檚 a step-by-step guide on how to sell effectively using the value selling framework.

1. Research, Research, Research

Before engaging with your prospect, it鈥檚 time for research. Understand their pain points, industry challenges, and specific needs.

Plus, you need to have in-depth knowledge of your product or service 鈥 and the value it provides. What sets it apart? How does it address common problems? What benefits have previous customers seen? The more informed you are, the better you can tailor your pitch.

This is where can help. 天涯海角APP is a just-in-time enablement platform that provides instant access to up-to-date information about your solution, prospects, competitors, and more. The platform:

  • Eliminates friction and learning barriers in the sales process by helping your team save as much as 69% of valuable time traditionally wasted searching for crucial information, addressing repetitive inquiries, and participating in lengthy training sessions.
  • Offers bite-sized knowledge and training precisely when and where your employees require it 鈥 seamlessly integrated into their daily work tools and applications. This empowers them to excel in their roles and produce tangible business results.
  • Accelerates the for new team members by 50%, helping you prevent attrition and boosting your retention rates.
  • Includes quick and real-time analytics, enabling organizations to identify knowledge gaps, strengthen essential information, evaluate the effectiveness of enablement initiatives, and ensure sales reps adhere to processes and best practices.
  • Uses AI to help streamline training and content creation. 天涯海角APP AI can search and find relevant content to show prospects by analyzing emails and call summaries. Condense lengthy documentation and SOPs and generate training bits for sales teams to use and learn from. Sales reps can also use 天涯海角APP AI to generate new playbooks, sales scripts, and more in a matter of minutes.
天涯海角APP provides just-in-time enablement for revenue teams.

With 天涯海角APP, reps can access the exact information right when they need it, so they can focus on value selling with every lead without having to leave the context of what they鈥檙e doing.

2. Save Your Sales Pitch

Instead of launching into a pre-rehearsed pitch, start by actively listening. Let the prospect express their challenges and goals. Your aim should be to comprehend deeply before presenting solutions. This patient approach builds trust and positions you as an expert consultant and resource rather than a traditional salesperson.

3. Understand Your Solution鈥檚 Value

While it鈥檚 important to know your solution鈥檚 capabilities, you must also know how these translate into tangible benefits for the prospect. How will your solution make their life easier, their business more efficient, or their customers happier?

Clearly articulate the value proposition in a way that directly addresses their specific needs and includes real-life examples from past clients whenever possible.

How can teams make sure they鈥檙e always value selling throughout every conversation? .

天涯海角APP provides revenue strategies, insights, battle cards, and cheat sheets 鈥 when and where the sales activities are happening. This setup eliminates uncertainties, ensuring that the sales team can access and share the right resources with leads without requiring context-switching or interrupting their workflow.

Articulating your solution value through value selling

4. Teaching > Selling

Become a valuable resource for your prospect. Offer insights, industry knowledge, and solutions-oriented advice. When you position yourself as an educator, you gain credibility. Empower your prospects to make informed decisions鈥揳nd they鈥檒l be more likely to choose your solution.

5. Communicate Clearly

Effective communication is a cornerstone of value-based selling. Ask thoughtful questions, actively listen to their responses, and send follow-up communications demonstrating your understanding and commitment. Be your prospect鈥檚 friendly guide, navigating them through the complexities of the buying journey.

6. Focus on Your Relationship

Value Selling Relationship Building

People buy from people they like and trust鈥搒o be that person!

Be approachable, build genuine connections, and help the prospect open up. A friendly, conversational tone fosters trust and can make the prospect feel comfortable. Remember, it鈥檚 not just a transaction: it鈥檚 the beginning of a valuable relationship.

More About Value Selling

Let鈥檚 review a few final FAQs on value selling.

What is the ValueSelling Framework?

The is a training program offered by ValueSelling Associates that鈥檚 designed to empower sales and customer-facing professionals. It focuses on key skills and techniques essential for sales success, including rapid qualification of prospects, aligning solutions with the buyer鈥檚 specific business challenges, emphasizing value over price, creating a sense of urgency, gaining access to decision-makers, and conducting purposeful conversations.

The ValueSelling Framework enables professionals to learn how to engage with prospects more effectively, understand their needs, and align offered solutions with the prospect鈥檚 world. The training program doesn鈥檛 just provide theoretical knowledge; it offers hands-on, interactive workshops reinforcing these skills, allowing participants to develop the necessary 鈥渕uscle memory鈥 to apply the concepts in real-world scenarios.

The Framework is not a one-size-fits-all solution; it is customized to fit individual organizations, industries, client bases, and roles. This tailored approach ensures that the training is directly applicable and relevant to the challenges faced by the professionals undergoing the program.

What is value selling marketing?

Value selling marketing aligns marketing efforts with the principles of value selling. It goes beyond traditional marketing strategies, focusing solely on promoting a solution鈥檚 features and benefits. Instead, value-selling marketing centers on creating content and messaging that resonates with the target audience鈥檚 needs, challenges, and aspirations.

Key elements of value-selling marketing include:

  • Customer-Centric Content: Creating content that educates and informs prospects and customers about how a product or service can solve their specific problems and improve their lives.
  • Persona Development: Understanding your target audience鈥檚 personas and tailoring marketing campaigns to address their unique pain points and preferences.
  • Storytelling: Using narratives and success stories to illustrate the real-world impact of your solution.
  • Empathetic Communication: Fostering a sense of empathy in marketing materials so customers feel understood and valued.

天涯海角APP supports marketing teams too. By embedding essential resources such as persona cards, case studies, and campaign guidance directly into the workflow, 天涯海角APP equips marketing teams to empower their sales teammates.

This efficiency not only allows sales teams to focus entirely on their core task of selling but can also drive a remarkable 20% increase in quota attainment. ,

鈥淗aving 天涯海角APP is a confidence boost for the entire organization. In our last eNPS scoring, we ranked the highest for providing the resources and knowledge employees need to perform at their job.鈥

天涯海角APP also provides a for marketing resources, making them instantly accessible to everyone. This eradicates the confusion stemming from scattered documents and guarantees that every team member operates from the same page.

and analytics assess information retention and engagement, ensuring that key concepts are thoroughly understood.

Is there value selling training?

Many companies offer value-selling training programs for their sales teams. These programs typically cover various topics, including understanding prospect needs, effective communication and listening skills, and presentation strategies emphasizing value over features.

Additionally, there are third-party organizations that offer that can benefit sales professionals across industries.

Improve Your Value Selling Strategies

Sales in the modern era involves prospects seeking not only products or services but also transformative experiences. Value-based selling stands as a guide toward those meaningful interactions. It鈥檚 not just about selling a solution; it鈥檚 about solving a problem, listening to the prospect鈥檚 voice, and forging lasting connections.

To implement your strategies effectively, close more deals, and boost sales鈥搚ou need the right tool for the job. And that鈥檚 天涯海角APP.

天涯海角APP ensures that sales reps can instantly access content tailored to the unique situation of each lead. Instead of teams sifting through a vast repository of information, they receive , enabling them to frame conversations to focus on the value your solution is providing.

天涯海角APP minimizes context switching by embedding relevant content directly into the tools the sales reps are already using. This streamlined process allows reps to stay focused on listening to prospects 鈥 one of the key aspects of value-selling.

Ready to help your team improve their value-based selling techniques?

About the author

Elle Morgan
Director, Content & Communications
Elle is a boy momma 2x, brand builder, storyteller, growth hacker, and marketing leader with 12+ years of experience scaling SaaS B2B organizations.

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