The list of examples from last week's post about levelling the the playing field is a good place to start when thinking about ways to secure and maintain your advantage. Most speak to value beyond what the products and/or services offer to your customer.
In today's competitive marketplace one is constantly challenged to find ways of bringing additional value to the customer. When discussing the subject with my clients I ask them to put themselves in the shoes of the customer and think about what characteristics they appreciate in a supplier - what would tip the scales in the favour of one supplier versus another?
- Bringing new business to your customer
- Knowing your customers' customer wants and needs
- Being knowledgeable about the industry your customer participates in
- Offering to help your customer in all facets of their business - sharing best practices
Good selling,
Richard
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