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Seven questions buyers are asking about what you’re selling

When we want to be of service to others, it’s exceptionally frustrating when some – including those who seem to be in the greatest need – are unwilling to let us help them.

I bet you’ve sat in many meetings where prospects have explained problems that you know you are exquisitely qualified to solve.

You’ve heard their aspirations and been able to see instantly how you can achieve them. Seen how the course of action they have mapped out in their heads will land them in a place that they really don't want to go. Felt the excitement of knowing you have a solution that can really help them.

The conversation goes well - they like you and you like them. It should be a total no-brainer that you'll do business together. Yet this is not always what happens. Why?

Services are difficult for buyers to evaluate. Buyers can neither see, touch, smell, taste nor hear services, so as far as they’re concerned, we may as well be selling fairy dust.

Unfortunately, there's a lot of hidden mistrust of service providers by those who buy services. Although they probably won’t say it to your face, here’s what they are thinking:

1.     What does this really mean, anyway?

2.     How do I know you will do what you say you will?

3.     Will I actually get the team you're proposing?

4.     How do I know this will get results?

5.     Is this going to be hard for me to manage, or justify to my boss?

6.     Does it really cost that much?

7.     That doesn't look too hard…tell me again why I really need you, anyway?

Research by Qvidian shows that 63% of sales are lost to “no decision”. Opportunities often stall because doing nothing is often easier for a buyer than doing something that seems difficult or risky.

Although the buyer might give you many reasons as to why they did not proceed, these usually boil down to a single factor; they simply don’t believe the commercial value proposition you presented them with.

If you often find yourself in this position, it might come as a relief to know that the solution to this problem isn’t to get better at sales techniques or at negotiation. It is to better understand the value in what you are selling, and to present this in a way that helps people to understand why they should buy it.

A sales pitch often begins with aspirational attributes – how you can do things smarter and better – while the buyer’s thinking is stuck at the visceral level, worrying about cost and risk. This mismatch is costing you business.

Understanding how buyers perceive value, and calibrating your pitch to suit this, will answer their unasked questions and make a huge difference to your results.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

How to sell services in a competitive tender

Are you in the services business? These days, most of us are. A World Bank study showed that in high-income countries, services represent 66% of GDP compared with only 35% in low-income countries. In Australia, services employ more than 8.6 million people, representing 76% of all employment.

As the people who deliver these services, we understand how essential they are. Yet services can be hard to understand and define, making them difficult for us to sell.

Complicating this is the issue that the people who buy our services often don’t understand them as well as we do.  The “product” of a service is often the result of specialised experience and training. As a result, clients who lack this knowledge often have difficulty evaluating the value of service products.

This lack of understanding leads to commoditisation and unfair pressure to force our prices down.

Consider the impact of competitive tendering. Since the 1980s this system of buying has grown quickly, and now most contracts of any size and value are transacted through bids and tenders. In 2014-15, one of Australia’s largest buyers – the Federal government – spent $59.447 billion buying goods and services through Austender, and issued 69,236 supplier contracts.

In a competitive tender, you will be pitted against many competitors – sometimes a handful, sometimes hundreds.

And the competitive tendering system is particularly challenging for people who sell services.

Services are often complex and time-consuming to execute. Unfortunately, this also makes them complex and time-consuming to explain.

In a competitive tender, we are faced with word limits, page limits and character limits. This means we’re under constant pressure to get straight into unpacking our methodologies and implementation plans (what and how). This often comes at the expense of explaining the problem we are solving (why), which is the main reason why a customer actually needs us in the first place.

If you have no choice but to engage in competitive tenders, learning to communicate value – in a way that goes beyond the easier default position of “price” - is essential to stand out in this crowded, competitive environment.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

What you do is already awesome

We are often too close to what we do to get a true picture of its value and usefulness to others.  This is because our relatively complex maps of what and how we do things result in a cognitive bias known in psychological circles as “functional fixedness.”

Functional fixedness means that our thinking has evolved in a way that limits us to using an object (or an idea) only in the way that we are accustomed to using it.

In 1945, Gestalt psychologist Karl Duncker defined functional fixedness as being a "mental block against using an object in a new way that is required to solve a problem."

In his classic experiment, Duncker gave participants a candle, a box of thumbtacks, and a book of matches, and asked them to attach the candle to the wall so that it did not drip onto the table below. He found that people tried many unsuccessful ways to solve the problem – including attaching the candle directly to the wall with the tacks, or gluing it to the wall by melting it – but very few of them thought of the inside of the box of thumbtacks as a candle-holder, and tacking this to the wall instead. When he repeated the experiment, giving people a box that was now empty of thumbtacks, they were almost twice as likely to solve the problem.

The older we get, and the more experience we gain, the more likely we are to exhibit “functional fixedness”.

Tests have shown that children aged 5 years have no signs of functional fixedness, but by age 7 have acquired the tendency to treat the originally intended purpose of an object as special.

This might explain why you can tip a box of Lego on the floor of a kindergarten and the three and four-year-olds will just go for it, making the most weird and wonderful creations, whereas school-age children often prefer being given a Lego box containing the parts and instructions to make something tangible, like a car or plane.

As well as making it more challenging to think laterally to solve problems, there is another impact of functional fixedness – our inability to acknowledge what we do as valuable, and special.

If this is a problem for you, hold onto the possibility that what you do is already awesome, and that all we need to do is find a way to explain it to others so that they get it - and want to buy it.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

 

You bought a WHAT?

Identity is at the core of every buying decision. Because we all buy things, we can all get better at persuading others to buy – otherwise known as “selling”.

Selling requires the ability to put yourself in another person’s position, and to appeal to their identity - whether you’re selling to consumers or to business buyers.

The “I Bought A Jeep” campaign is a good example of how identity affects purchase behaviour. This campaign, launched in 2012, has become part of the Australian cultural vernacular. 

The advertising firm behind the campaign, Cummins&Partners, discovered that although Jeeps were very popular with the people who already drove them, the brand was struggling to reach new customers with its previous ad campaign slogan, “Don’t Hold Back”.

Qualitative research with current Jeep customers showed that most of them had experienced an “incredulous” reaction from family and friends when explaining they’d bought a Jeep (“you bought a WHAT??”).

The big idea behind the new campaign was to dramatise this as “incredulous approval”. Therefore, the reaction to saying “I bought a Jeep” became “You bought a Jeep!”

Jeep’s brand values are freedom, authenticity, adventure and passion, and the ads tap into a customer’s desire to live those values - not just buy a car.

This campaign won two Silver awards at the advertising industry’s 2014 Australian Effie Awards.  The agency’s submission to the awards committee shows that the campaign had dramatically increased sales for the parent company, Fiat Chrysler, in a difficult car sales market. Since the start of the campaign, Jeep sales increased 156%, outgrowing the SUV category by 300% while also reducing media expenditure per unit by 45%.

Australia is now Jeep’s second largest sales market outside the USA. Talking about the success of the campaign, Cummins&Partners’ CEO Sean Cummins said:

“Our aim is to create enduring platforms for brands that inspire action. And this does both. In spades. What is exciting for us is that “I bought a Jeep” has become so idiomatic to Australians. This is the stuff brands dream of. And it is a sensational platform that could go for years…the work we do is not for the industry, it is for consumers. And they are buying Jeeps!”

Knowing what we know about how the ads play to the connection between Jeep’s brand values and the values of the customer, we could also add to this by concluding:

“…because we found a way to appeal to the buyer’s identity”.

This is an extract from my new book Value: how to talk about what you do so people want to buy it. To order your copy, go to http://www.robynhaydon.com/buy/

We are what we buy

“Who am I?”

It’s a big question, and one that has occupied psychologists and sociologists for hundreds of years.

A more useful question, when it comes to buying and selling, is “How do I see myself, and who do I want to be?”

We all have an identity that we want to show to the world, and we confirm that identity through our actions. Therefore, what we buy, and who we buy it from, both affect the way we see ourselves.

Let’s look at a few examples.

  • If you’d like to be seen as a good person, someone with integrity, you might be on the lookout for ways to “do the right thing” – probably without even realising it. As a result, you might find that you end up buying ethical, environmentally or “green” products and services over alternative options.
  • If you’d like to be known as a generous person, someone who gives to others, you might find yourself sponsoring a child in a developing country, or contributing to (and sharing) online fundraising campaigns.
  • If you’d like to be seen as a frugal person, who is good with money, you might enjoy sniffing out a bargain and sharing these good deals with your admiring friends and family.
  • Or if you want to be seen as a productive person, who gets things done, you might like trying out and talking about gadgets that help you to do more in a day and to make the most of your time.

We all buy things, and we all play roles while we’re doing it.

In going about your day-to-day purchases, you probably don't give a lot of thought or attention to this.

However, identity shapes all of our buying decisions – both good and bad. How does your identity affect what and how you buy?

This is an extract from my new book Value: how to talk about what you do so people want to buy it. To order your copy, go to http://www.robynhaydon.com/buy/

The problem with selling services

Do you work in a service industry or service-based profession? Many of us do. In Australia, services employ more than 8.6 million people, representing 76% of all employment.

If you’re drawn to this kind of work, you probably want to use your expertise to help others, to do good work, and to make a difference. But in the real world, we must first convince people that they need our help; we have to convince them to buy from us. And this isn’t always as easy as it should be.

Products are fairly straightforward to sell, because we can touch them, feel them, and understand through experiencing them how they work.

Services on the other hand, are not straightforward at all.  Like a product, a service solves a problem, but the problem is often hard to see, and may be completely unknown to the person who is experiencing it.

As a result, people are often suspicious of buying services, because they don’t understand them and are worried that they might never get the outcome that they were promised.

But these people – your customers - have real problems that you can solve, and they need your help. It's your duty and responsibility to get out there and help them, but this means getting past your own fears and biases first.

Doing is easy. Selling can be hard.

Back in Renaissance Italy, artists were supported by wealthy patrons who admired their work.  This system had benefits for both parties.

Artists received a living wage, access to luxury materials (such as gold and lapis lazuli) and commissions to produce art on a size and scale they could otherwise only dream of.  Patrons used the art they produced as a means of expressing and enhancing their social status. Without this patronage system, we wouldn’t have many of the works of brilliant artists like Leonardo da Vinci, Michelangelo or Raphael.

In service industries, we also need to find patrons – customers –who get what we do, and who see the mutual benefit in commissioning us to do it. This is essential if we are to have any chance of bringing our gifts into the world.

It’s easy to accept the excuse that it is all about price and that customers don't want what we have anymore. That isn’t really true. They may want it – and they probably need it – but like the rest of us, they are time-poor, risk-averse and battered by disruption and change.

Our job now is to give them extremely compelling reasons to do things the way that we suggest.

This is an extract from my new book Value: how to talk about what you do so people want to buy it. To order your copy, go to http://www.robynhaydon.com/buy/

Value: how to talk about what you do so people want to buy it

Today I am proud to announce the release of my new book, Value – How To Talk About What You Do So People Want To Buy It.

It’s the final book in my Winning Business series, which also includes The Shredder Test, a step-by-step guide to writing winning proposals, and Winning Again, which reveals how to retain your most important contracts and customers.

For almost two decades, I’ve been helping suppliers to win multi-million-dollar contracts in complex services industries.

Through this, I’ve learned a lot about how business and government customers buy, including why they say “no” to offers that seem to make perfect, logical sense.

This book focuses on value creation, which is the key to successful new business pursuits.

A recent study on sales execution trends by Qvidian found that only 63% of salespeople actually make their targets, with pursuits ending in “no decision” the major reason for the shortfall. While four in 10 salespeople thought that an inability to effectively communicate value might be behind their lack of success, only half of these people also chose this as a skill they needed to work on.

Understanding your true value is the key to unlocking more of what you want–  more customers, higher margins, and more rewarding work.

It is my hope that Value will help you to look at what you do in an entirely new way: from the perspective of how it creates commercial value for customers. Reading Value is like being a fly on the wall of your prospect’s office, while they talk about a problem you have the perfect solution for. It could just make the difference between sealing the deal,  or losing, as so many do, to “no decision”.

If you have ever missed out on an opportunity that you really deserved to win, ever struggled to explain what you offer to people who just don’t seem to understand, or if you’ve ever seen prospective customers stubbornly go down a path that you know is not right for them – then this is the book for you.

You can buy your copy here. I hope you enjoy Value as much as I’ve enjoyed writing it for you.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

Five ways to win more tenders

Last week I caught up with a client whose team did some tender and proposal writing training with me a few years ago. She told me they are having a lot of success with competitive tenders now, and that their business has grown exponentially over the last few years. She also said the feedback they get now about the quality of their tender responses is very positive. At one debriefing meeting recently, the buyer even told her that her company’s tender was the best they had ever seen.

If you’re not yet getting that kind of success, or feedback, about your tenders there are some things you can do to improve. Here are five of the most effective.

1.     Make sure you have a strategy to win the business that translates into two or three compelling messages that are easy for the buyer to remember. I call these Purchaser Value Topics, and they are basically evaluation criteria that you suggest to the buyer that go over and above simply complying with theirs.

2.     Provide insights that transcend their briefing. Anyone can regurgitate the tender document back to the buyer, and it takes a smart cookie to tell them what they don't know - but should.

3.     Really analyse everything they’re asking for, and answer the ‘question behind the question’. Why did they ask this question? What do they want to know? How will the answer affect their decision-making process? Many tender questions are made up of more than one part, so don't just skim the surface. You'll miss something, and this could count against you.

4.     Don't dumb down what you do to fit the briefing. The client I mentioned earlier is in a complex industry that buyers often don’t understand. Her company’s tender responses generate a lot of discussion with buyers, because they shed light on things that the buyer simply hadn’t considered.

5.     Make sure you present it beautifully. These days, when people are selling their home, they'll often spend thousands on staging and furniture to show it off to potential buyers and to achieve the best price. Think of your tender response like that. It’s the only chance you’ll get to make a first impression.

Doing well in a competitive tendering environment isn't easy, but it can be done, and successful tender writing and presentation is a skill that you can learn.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

Is your proposal really a proposal?

When your proposals aren’t successful, it can be hard to figure out why. Trying to fix this problem on your own is like trying to fix a car when you’re not a mechanic. You can tinker and try things, but it’s hit-and-miss, frustrating and slow.

So let’s start with defining what a proposal really is.

A proposal is a commercial document whose purpose is to influence the customer to say "yes" to you. To achieve this, proposals need a combination of style, substance and relevance.

  • Style is the way the proposal looks and sounds, and how it makes the reader feel.
  • Substance is the content of the proposal, which outlines the offer that you are making to the buyer.
  • Relevance is the “fit” between the offer and the problems and aspirations of the customer.

Problems occur when any one of these elements is missing; the “proposal” becomes a brochure, a report, or a presentation. All of these are interesting in their own right, but none are likely to get you hired.

When there’s style and substance, but no relevance to the customer, your proposal becomes a Brochure. This is a generic document that looks and sounds great, but could apply to anyone. Studies show that brochures are useful in consumer businesses, particularly retail trade and in tourism. If you’re selling to business and government, not so much.

When there’s substance and relevance, but a lack of style, customers read the proposal as if it’s a Report. Proposals are about selling the job; reports are about doing the job.

Customers are trained to read reports as a set of recommendations - not all of which may be adopted.

Where there is style and relevance, you’ve got a Presentation. In his book Pitch Anything, Oren Klaff, a venture capital consultant who pitches multi-million dollar deals for a living, says that customers often see sales presentations as “the morning’s entertainment” - a pleasant enough way to spend an hour, maybe even to learn something new, but probably not to buy anything.

So, is your proposal really a proposal? Or is it something else? Identifying the problem is the start of the solution.

Can you really bid less but win more?

“Sales is a numbers game”. This saying comes from a time when relationship selling was king, deals were done on a handshake, and the more people you got in front of, the luckier you became.

However, it is harmful advice when it comes to competitive tenders.

Submitting competitive tenders is like feeding coins into a slot machine; your chances of winning don’t get any better as your supply of coins goes down.

In fact, the opposite is true.

The more tenders you invest time and effort in, but don’t win, the more discouraged you're likely to get. Buyers don’t give you good feedback – or any feedback. All you’re really doing is depleting your most important currency, the energy, enthusiasm and engagement of your team, for absolutely zero return.

People will try to tell you you’re not winning because you “didn’t write the tender”, meaning the buyer didn’t go to market based on the specifications you gave them. This is baloney too. Buyers are smarter than that; they won’t deliberately favour one vendor. And I've known plenty of people who have won competitive tenders without any prior relationship with the buyer.

Most likely, the problem is that you’re submitting so many tenders that they look like brochures – carbon copies full of cut-and-pasted content. Or, they are simply responses to the tender specification – which is what everyone else is doing too – without any real strategy to win.

Over the years I’ve noticed a marked difference in the way that clear winners approach bids and tender proposals, while others are setting themselves up to lose. It starts with how (and where) we spend our time.

 

Spend more of your time up front on the thinking work, without jumping straight into the “doing” work, and good things will happen. You’ll get better engagement from your team. You’ll impress buyers. And you’ll win more often. And that’s a win for everyone.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

Is it time to pimp your proposals?

For most people in business, proposals are not a joy – they’re simply a hassle.

Proposals chew up a lot of your time and resources. You spend hours, days or weeks slaving away over them, and when you lose, there are no prizes for second place. Customers don’t give you useful feedback (or any feedback) and it can be impossible to work out what you’re doing wrong.

Imagine your most recent proposal has just been graded, and is sitting in a stack, on a desk, inside your buyer’s office.

On the bottom at level 1 are the proposals that are the most unappealing. If yours is in this part of the pile, we need to do some work on your message – what you are actually selling.

Above this at level 2 are the proposals the buyer found unclear; they didn’t quite “get it”. Here, we need to work on your presentation.

Above the line are the level 3 proposals the buyer sees as competent.  On the surface, these seem okay, but they often lack evidence to support the claims you’re making. Without this, you won’t be winning business as often as you should be.

Where you want to be is at levels 4 and 5. Level 4 proposals are convincing, and show a level of strategy and insight that others don’t. At level 5, you’ve really made it; your proposals are so compelling that buyers simply can’t say no to you. At this level, you’ll be able to leverage more business, at better margins, because you are positioned as the go-to people in your market space.

Compelling and convincing proposals are a combination of style, substance and relevance.  Problems happen when any one of these elements is missing; the “proposal” becomes a brochure, a report, or a presentation, none of which is likely to get you hired.

A proposal effort that isn’t getting you results can leave you feeling stuck and frustrated – like being trapped in the movie Groundhog Day. But no matter where you’re starting out, there is always a way to improve.

Claim + Evidence = Persuasion

The customer who is reading your proposal has many demands on their time and attention. Your proposal must entice them in, make the journey interesting, and ultimately convince them that what you are offering has real merit.

These days, it’s pretty hard to get people to read long documents. A recent study by The Pew Research Center confirmed that nearly a quarter of American adults had not read a single book in the past year. The number of non-book-readers has nearly tripled since 1978.

It doesn’t really matter whether we are reading for business or for pleasure – the barriers are the same.

Improving the evidence that supports your claims is an important first step towards making your proposal more readable and more convincing.

For example, in a tender evaluation, the people sitting on the evaluation panel have to give your proposal a score.  What sets apart the proposals that achieve high scores is the quality of the evidence that they provide.

Tender evaluators use a score sheet that has a built-in process for scoring the quality of evidence you provide in each part of your submission. To get a top score of 10/10 or 8/10, your evaluator will have to justify that ‘all claims are fully supported’ in the part of your proposal that they are reviewing.

If your proposal has even ‘minor shortcomings in scope and detail’ – and this is very easy to do if you make claims without substantiating them with evidence – the maximum you can score on an answer is 6/10. In a very competitive tender, even one score this low could put you well out of contention.

Evidence is often the first thing that suffers when your writing is challenged by competing demands from your day job, tight deadlines and even tighter word limits. Here’s an example of what I mean:

 

XYZ Road Maintenance is Australia’s leading provider of road cleaning equipment to municipal authorities and private cleaning contractors. 

Our highly experienced, results-driven research and development team has drawn on world’s best practice to develop our Road Maintenance Widgets, which are considered the most reliable on the market today.

 

This short proposal extract alone has five unsubstantiated claims. Unfortunately, this is not uncommon. So how do we fix the problem?

For example, let’s look at the claim of “reliability”. Here is a better way to convince the customer that this claim actually has some merit. The first sentence makes the claim, and the rest provides the evidence.

 

Reliability is an important indicator of widget quality, as reliable widgets have a longer lifespan, better up-time and lower overall costs of ownership.

XYZ Co. offers a ten-year guarantee on the operational performance of our widgets, double that of most other widget suppliers. 

We supply more than one million widgets each year to 87 contract customers, including almost half of Australia's municipal authorities and eight of the country’s top 10 private cleaning contractors,. Our standard supply contract promises 98.5% up-time for each individual widget; however, we have consistently exceeded this benchmark, achieving 99.3% up-time over the past three years across all 87 contracts.

Reliable widgets require replacement less frequently, reducing costs. Broken Hill City Council saved $50,000 on its annual road maintenance bill by using our widgets and private contractor Alphabet Cleaning Services has more than doubled the useful life of its existing road maintenance vehicles by replacing Acme widgets with ours.

 

A proposal without evidence is like a fairytale; ultimately, it's very hard to believe. Unlike a fairytale, though, reading such a proposal doesn't even have the benefit of being entertaining. It's disorienting, exhausting and the reader will most probably cast it aside without ever finishing it.

So stop cutting and pasting your proposals.

Slow down, really think about the message you want the reader to see, hear and feel, and find evidence to support every claim you want to make. You will find that you’re even more convinced about your offer as a result – and this conviction will lead to better results and more sales.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Is it time to pimp your proposals? Stop wasting time and money on proposals that go nowhere. The Pimp My Proposals program will give you the feedback, content and structure you need to build compelling proposals that win business. Learn what you’re doing wrong, and how to fix it. Email info@robynhaydon.com or call 03 9557 4585 to find out more.
Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

What makes a great Executive Summary?

The purpose of an Executive Summary is to convince the buyer to say “yes” to your proposal. Unfortunately, many fall far short of this aim.

Here’s what an Executive Summary is not:

·      It’s not an “introduction” to the proposal.

·      It’s not a summary of the technical solution.

·      And it’s definitely not all about you – and nothing about the buyer.

A good Executive Summary sets out your commercial argument for the business in a clear and confident tone. A great executive summary does even more than this; it connects the buyer emotionally with your offering and your vision, and sets out an exciting future that they couldn’t possibly say no to.

Here’s how to distinguish an average Executive Summary from really great ones that will win you business:

Average Executive Summaries… Great Executive Summaries…
Show how you will do the job Show how you will deliver value
Talk about you and your credentials Talk about them and their future
Make you sound like every other supplier Make you sound like the only people they would want to work with
Are professional, detached, and a bit of a dull read Are conversational, enthusiastic and interesting to read
Look like the one that was in the last proposal Look fresh and exciting; are written specifically for each new opportunity
Sound like they are talking to no one in particular Are a conversation at the highest level; as if your CEO was talking directly to the buyer

Next time, try writing your Executive Summary before you write your proposal. This will help you to get clear on your strategy, identify gaps and holes in the evidence you have to support the strategy, and build your team’s connection to the vision.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

How to use testimonials in a proposal

Customer testimonials bring your proposal to life. They show how you have approached a similar contract or project in the past, and the results you achieved. And because they come from a third party, they also provide independent verification of the value of what you’re offering.

A customer testimonial is simply a statement in the client's own words, describing how you helped them.  This is valuable, because a customer can boast of your successes in a way that is simply not possible when making the same claims yourself.

Consider this example. An organisation was tendering for a contract to run a large event. They had recently acquired a trade show previously operated by the governing body in the same industry, and their success in running this show was a key selling point in the proposal. 

In this extract from their proposal, notice how the tenderer’s more modest description of the success of the event is magnified by the client’s enthusiastic praise:

Two years ago, Total Events acquired the (Industry) Expo previously owned by (Industry Governing Body). Expo 2015 was the first show run by Total Events and record numbers of delegates, visitors and exhibitors were achieved.

“Total Events has taken an already–successful show and improved it beyond what we dreamed possible. Expo 2015 broke all previous records for delegates, visitors and exhibitors by almost 20%.  We couldn’t be happier.” Simon Schraeder, CEO, (Industry Governing Body)

We have always trusted the recommendation of people who are like us over anything that a company might want to sell to us, and now it seems we are willing to extend this trust to total strangers too. 

A study by Socialnomics showed that 90% of people using social media trust peer recommendations, but only 14% trust advertisements. Another study, by Social Media Week, showed that we trust the recommendations of website reviews (54%) almost as much as the opinion of professionals (58%) – both of whom are likely to be total strangers.

The ideal way to use testimonials in a proposal is to seed them throughout, wherever they will best support your claims.  A page of general testimonial letters at the back is far less effective.

For an important pitch, it is a good idea to go back to your clients or referees for new testimonials that are tailored to your Purchaser Value Topics (win themes). If you are using the client as a referee, make sure you include their testimonial alongside the referee’s contact details in your proposal. This will give the buyer some context and background when they call the referee, and be more likely to result in a positive first impression.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

Would your proposal get a standing ovation?

When we're pitching something new to a customer, our main task is to convince them that will be better off with us than they would be without us. This means transporting them to a brighter, bolder future that they never knew existed; something that too many proposals simply fail to do.

Recently, I saw the stage show Velvet, a disco mash-up featuring burlesque, circus performers and one of Australia’s most enduring pop stars, Marcia Hines.

In the real world, the show ran 90 minutes. In the Velvet world, this felt like only 90 seconds. It was that good.

From the opening bars of the disco classic If You Could Read My Mind to Craig Read’s exuberant, pink and yellow lycra-clad hula-hoop act set to the thumping beat of Shake Your Groove Thing, Velvet was like being transported straight to Studio 54 circa 1974. By the end of the show, DJ Joe Accaria had every single person in the Malthouse Theatre on their feet clapping, cheering and dancing to Earth, Wind and Fire's September – one of my favourite songs of all time. As a pitch for the life-changing power of disco, you’ll never see anything better.

When was the last time you could honestly say that a pitch or proposal you worked on got that kind of reaction - from you, from your team, or from the customer?

Instead of offering a tantalising glimpse into a better future, many proposals feel like a slow descent into purgatory.

Something important gets lost in the translation between the vision in our heads and the words that come out on paper. That’s a real shame, because the picture in your head is often a lot more enticing and transformative than the pitch on the page.

A study of 418 executive-level buyers at companies with more than 100 employees by Forrester Research found that 74% of buyers chose vendors who have worked with them to turn a vision into a clear path to value, compared to those who simply respond to a request.

Next time you’re working on an important pitch or proposal, picture a magical place – the place that you know exists – and take your customers there, instead. Then they’ll be clapping and cheering; at least, on the inside.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

 

 

What’s in it for me?

When you're the incumbent supplier seeking to retain a customer or contract, big-noting yourself is almost impossible. The customer has experienced how you work, heard about everything you’ve already done (good and bad) and seen you warts and all. Good performance is just an expectation; it’s what you are being paid for. The customer isn’t going to give you a gold star for meeting your KPIs. That’s why relying on your track record when it comes to competing for business you already have is never a successful strategy for incumbents.

Culturally, at least here in Australia, our aversion to other people big-noting their achievements begins early. This year, my son started Year Four, and he and his friends have been learning all about leadership. This culminated in each of the kids campaigning for a junior school leadership position, like Sports Leader, Arts Leader, Environment Leader, Social Responsibility Leader or membership of Student Representative Council.

On the day the kids had to make their pitch to each other, I asked my son how it had gone. His first reaction was one of disdain. "Some people are just show-offs," he said, clearly unimpressed by students who had spent most of their time telling the kids about their own achievements. I asked if there were any pitches he had liked. He told me about a few who had outlined their plans to make things better for others, through imaginative fundraising campaigns, looking after the school grounds, and the inevitable vote-grabber; campaigning for TVs and cushions in the boys’ restrooms. (Apparently, “the girls have them”.)

What’s in it for me? Every buyer (or voter) asks this question, whether they already know and work with us, or not.

When you're pitching again for business you already have, resist the urge to talk only about what you’ve already done, or risk sounding like a know-it-all that no one wants to vote for. Spend at least half of your time outlining your plan to build the customer’s future; this immediately switches the focus from pitching to helping, and you’ll find it comes as a relief both to you and to your audience.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

 

Five ways to give your clients’ customers an outstanding service experience

The people who engage and pay you (your clients) might be different to the people you provide a service to (the client’s customers).

Acting as an extension of the client’s business is different to acting for yourself.

No matter how much commercial sense it makes on paper, giving over any part of their business to a supplier to manage – especially when it involves their customers – will make your clients nervous at best. At worst, it can make them feel like they’re being operated on without an anaesthetic.

Recently, the Commonwealth Bank’s insurance arm, CommInsure, has been the focus of a Fairfax Media/Four Corners investigation which alleges that CommInsure has pressured doctors to alter or delete medical records and opinions so it can avoid paying claims. CommInsure covers nearly 3 million people through its contracts to offer life and total permanent disability policies to members of nine industry and two public sector super funds. Since the investigation, several of these funds have publicly demanded assurances from CommInsure regarding the treatment of their members, and it has been reported that CommInsure risks the loss of contracts worth hundreds of millions of dollars as a result.

“Your customer is my customer.” It’s an easy thing to say, but not so easy to get right. Here are five ways to deliver exemplary service to your clients’ customers, and to make sure that your good intentions in doing so are always on show.

  1. Survey customers frequently, and provide honest feedback to the client about what they say about you.
  2. Commit to improving your service, follow through and explain what you did and why you did it.
  3. When contemplating a course of action with an individual customer, ask: "is this what our client would want us to do?"
  4. Get out in front of problems. Own up, show up, and fix it up - fast.
  5. Provide a narrative stream of good news in your regular performance reports. This will counteract any negative news, which often gets a disproportionate amount of airtime (and shouting).
Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

The problem with “customer obsession”

Management guru Peter Drucker once said that the purpose of a business is to create and keep a customer. Whether a business is for-profit or not-for-profit, we need customers to invest in us, to choose us, to buy from us, and to keep doing so over time.

For most organisations, the first step in this journey – customer focus – simply means to observe what the customer does, to serve their needs, and to put their satisfaction above everything else.

So far, so good. But customer focus is a bit like bird-watching; it’s a one-way activity.

Progressive organisations realised that we needed to do more than this, so we became customer-centric. Essentially, this means putting the customer at the heart of the decisions we make; understanding how they come into contact with us; and how our internal processes help (or hinder) our relationship. This evolution has largely been a positive one, and for many is still underway.

Now, however, I'm starting to see another change in the way that we talk about customers – customer obsession. This, however, is not a change for the better.

When we are obsessed with something, it’s usually because it is something we cannot have. The term 'obsession' is associated with repetitive negative thinking – fear, compulsion and addiction – and behaviours like stalking and harassment. That doesn’t sound fun or desirable. It sounds like something that will get you a date with a magistrate.

Why then, are commentators starting to tell us we need a “customer obsession”?

What's really going on here is that suppliers feel as though we have lost our power in relationship to customers. But this is not true. Any time we have something that someone wants, we have power too. What our customers really have is choice. And so do we.

We can choose to think in terms of customer engagement, not customer obsession. Instead of coming from a place of fear, engagement comes from a place of conviction and belief; that we can help our customers build their future. And that’s a change for the better.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

What’s your re-engagement strategy?

On the weekend I was talking to friend of mine, Tim, who nine months ago landed a seven-figure deal with one Australia’s major government buyers. In three months’ time, the business comes up for renewal, so of course we were talking about his strategy to retain it.

It was a short conversation, but I was pretty impressed. Tim had thought of everything; he knew exactly how he was going to influence the customer not only to stay with his firm, but to improve and expand on its program of work over the next 12 months of the contract.

Most of the people I talk to are not like Tim.

Tim begins this game with three advantages:

1.     He is a partner in a small consulting firm, and he gets to do pretty much what he likes.

2.     This customer is Tim's only account, and he has the luxury of seeing to their every whim – full time – while a team of his staff take care of day-to-day delivery.

3.     The program of work his firm is doing is expected to take years (possibly decades). It’s very unlikely that the customer will go anywhere else in the short to medium term.

In contrast, most of the customer relationship managers, contract managers and account managers that I know manage multiple customers, many of whom are on very short contracts. A question I get asked a lot is, "How do I give my customers the attention that I want to give them, and that they deserve, without sacrificing everything else that I need to do?"

That's why I'm so excited to introduce my Re-Engage Program.

Re-Engage is designed for businesses who have teams running multiple customer accounts, and who need to drive renewal strategy for all of them – at the same time.

Doing this is a lot like juggling plates.

You need to be able to give one customer your best thinking in a way that's quick and easy to achieve. Once you’ve got that plate up and spinning, you need to be able to get another plate up in the air quickly – for another customer. And so on.

On their own, each of your accounts may be small, but together they probably add up to a lot of revenue that could be at risk if there is no re-engagement strategy. That’s a lot of crashing plates.

If you think you might have a need for this kind of program, please contact me to get a copy of the white paper. Or maybe get a job like Tim’s.

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Re-Engage is my training and coaching program for organisations with multiple major accounts. It will give your people the framework, skills, and confidence to lead contract renewals with your existing customers. Email info@robynhaydon.com or call 03 9557 4585 to find out more.

 

The power of visualisation in winning again

Having to compete again for business we already have is pretty intense – a lot like the pressure faced by elite athletes. High-achieving sportspeople not only need to train, but they need a game plan that helps them visualise success. Once we have a plan like this too, success is just a matter of following the plan.

In elite sports, emotional conditioning is critical. Once you get to the Olympics, everyone is pretty equal physically. The athletes who can handle noise, stress, pressure, and distraction are often the ones that win.

Legendary American swimmer Michael Phelps is a good example. Over his career, Phelps won 18 gold medals - double the number of the second highest record holder - and credits his success to his practice of pre-race visualisation.

When Phelps started swimming at the age of 7, he admits that he was a tense and moody kind of kid. To counter this, his coach taught him to imagine himself swimming a perfect race- making smooth strokes, touching the edges of the pool, and ripping off his goggles at the finish to check his winning time. Throughout his career he pictured all of this regularly, with his eyes closed. He called it “watching his videotape."

Phelps believes that this pre-race preparation is what helped him set a gold record at the 2008 Beijing Olympic Games in the 200m butterfly, despite the fact that his goggles were filled with water at the time. When asked what it felt like to swim blind he simply said, "It felt like I imagined it would."

How great would it be to be this confident the next time you have to compete again for business you already have, and can’t afford to lose? And to stay confident, even when you’re facing noise, distractions, and the equivalent of a face full of water?

We can still squeeze you in at next week’s public workshop in Melbourne – or book for the next one in June. Or,  this program is also available in-house for your team. Contact me to find out more.

I’d love to help you visualise how you can achieve success. 

Robyn Haydon is a business development consultant specialising in business that is won through competitive bids and tenders. Her clients have won and retained hundreds of millions of dollars worth of business with many of Australia’s largest corporate and government buyers.

Do you have ambitious growth targets this year? Keen to win the business you REALLY want, at the margins you want, and have more fun doing it? Let me help you to design and build an offer that is so commercially valuable, your target customers would be crazy not to buy it. For a copy of the white paper Pole Position - How to Achieve New Business Success, email info@robynhaydon.com or call 03 9557 4585 to find out more.