CHAPTER 2
Finding Your
Winning Difference
Remember the hit movie Speed? A bad guy played by Dennis
Hopper secretly rigs a bus with a bomb. Once the
bus is out on the open highway doing better than 50 miles
per hour, Dennis phones his old nemesis, a SWAT team
member played by Keanu Reeves, and gives Keanu the bad
news: The instant the bus slows down below 50, kaboom!
If you are like a lot of hardworking salespeople I know,
you are driving that bus and you have the pedal to the floor.
Go, go, go. Hit the street. Make those calls. Send those
follow-up e-mails. Generate those leads. Touch base with
those accounts. Drop in on those prospects. Go to that reception.
Keep at it. Keep plugging. You cannot slow down
because if you do, kaboom! In your mind, every moment that
you are not contacting prospects is a dangerous moment.
Slow down now, and your career would blow up. But slow
down you must, if you want to find your winning difference.
In this chapter, we look at how to do the kind of
strategic precall research that will enable you to define
your competitive advantage clearly and powerfully. If you
are going to bust an existing relationship, then you need to
go into your sales call prepared with the knowledge of why
your prospect needs you, and how your prospect is being
underserved by the current provider. If you are competing
for an open account, you need the same clear picture of
your strengths. You have to be able to get your prospects to
acknowledge and understand how they are being underserved
by your competitor and how they will be better
served by you. Doing this kind of precall research will enable you to find the specific proactive services that you provide
and your competition doesn’t, and that will enable you
to proactively control your prospects’ experiences, making
their future more predictable.
How, then, do you find and effectively articulate your
competitive advantages—your winning difference?
Information, Knowledge,
and Intelligence
The Internet has leveled the playing field when it comes to
quickly finding out basic information about companies and
what they do. Anyone who has heard of Google, Yahoo!, or
MSN can check out most medium-sized and larger businesses
without having to place a single phone call. For
public companies, you can visit EDGAR (Electronic Data
Gathering, Analysis, and Retrieval System) online at
www.sec.gov and review its Securities and Exchange Commission
filings, which are chock-full of useful information.
Most companies of any size these days have some presence
on the World Wide Web that is retrievable via search engines.
With information no longer scarce, the research advantage
in selling goes to those who can gain the insights
and discover the specific critical facts unique to each situation.
As others have noted, we are advancing from the “information
age” to the “knowledge age.”
There is a significant difference between the information
that is readily available from public sources and
the knowledge you must have to develop a winning strategy.
There are many critical items you must know. As a salesperson, you know what these include. What are your
prospect’s strategic objectives? Who influences the buying
decisions? If there is a current provider, how long has that
person had the prospect’s business? How did he or she get
that business? Is the prospect just another customer of the
provider, or do they have a closer relationship, more like
partners? Has it been a rocky situation at times, or are
they bosom buddies? Is there any scuttlebutt on problems
or issues in the way service is being provided? The question
is: How do you get this knowledge? Obviously, these
are not the kinds of questions whose answers are posted
on a company’s web site. So this is where you use your interpersonal
skills to make contacts and develop sources. If
you have been in sales for any length of time, you already
know how to do this and are reasonably good at it.
After moving from Web-based research for the information
every salesperson has to Wedge-based research for
the knowledge you need to begin creating the winning difference
that will help you get the deal, you must then drill
down even deeper into a third level of detail. Once you have
the facts—the inside knowledge that you need about a
prospect—you need to convert that knowledge into intelligence.
In other words, you need to analyze what you know,
convert it into the most powerful way that you can leverage
it, and go into your sales call in a position to use that knowledge
intelligently to maximize your competitive advantage.
Here is an example of what I mean. Let’s say you
found out that Holding Company of America was shopping
advertising agencies to handle its retail clothing store
chain. So you amassed information on the company, and
then you dug deeper and found out that Holding felt its current agency had been less than aggressive in placing its
TV advertising efficiently. Holding did not feel that it was
getting the biggest bang for its buck. Obviously this is a
key piece of knowledge. The question is: How can you
most intelligently use that knowledge to your advantage?
How can you leverage your proactive services to make
Holding’s future more predictable? It would make sense in
this case for you to make Holding aware of your reporting
system that spells out in detail the demographic groups targeted,
the cost objective for reaching them, the audience
actually reached, the cost efficiency of the buy based on a
media audit, and a plan for how your media buyers will obtain
and document bonus spots, make-goods, and other
added value for Holding. That awareness will give Holding
a clear picture, based on something real and concrete, of
how you would ease its anxiety in a way that will also compare
you favorably with Holding’s current agency.
The question is: How do you do the kind of precall
research to contrast yourself with your competition without
saying anything bad about them, and in a way that
leads your prospects to conclude on their own that they are
being underserved and should be doing business with you?
Researching Your Competition
I have been amazed during my years as a consultant at the
number of salespeople who research their prospect, get an
appointment, go in and start presenting, and do not know
who the current provider is, or who else is pitching the account.
For the most part, it is not because they could not
have found out. It is just that they had no reason to value
doing it. Often, they were engaged in traditional selling as
its best. They would create a relationship, ask a lot of questions,
learn their prospect’s needs, and work hard to identify
problems for which they could offer solutions. They
would operate by the book, the way consultative selling is
supposed to work, between a seller and a buyer.
When these salespeople did undertake competitor research,
it frequently was the type that gave them the kind
of reconnaissance they could get from 30,000 feet up instead
of the kind that would give them some traction on
the ground.
I am going to show you a different way to do competitive
research. Instead of spending your time boning up on
the same stuff everyone else knows, you will be focusing on
those things about your competition that will give you the
edge you need to win the account. The purpose of research
based on The Wedge is not to make you an expert on the
competition. It is to identify the competition’s vulnerabilities—
the areas where your competition is already underserving
your prospect, or would be if they were hired
instead of you—and to use those areas of underservice to
motivate your prospect to hire you instead of keeping or
hiring them.
Why More Salespeople Don’t
Do the Right Kind of Research
Traditional selling, as we noted, takes competition for
granted. It assumes that your relationship with the buyer is the key relationship for you to focus on, and that the issue
of your competition will somehow take care of itself. But as
you know, it does not really work that way. Many salespeople
have developed great relationships with companies that
never did end up giving them a contract. Pure relationship
selling may be pleasant and enjoyable, but it is more a luxury
for the rich than a tool for growing new business with
any great degree of speed or predictability.
So why is it that more salespeople do not make researching
their rivals a vital part of their precall preparation
and strategy? For one thing, they target prospects that
they know are looking, where there is no embedded incumbent
to oust. They go into those sales calls, tell their
stories, and hope for the best. Where there is active competition
for an account or an incumbent in place, they feel
the pressure of time. They question the value of using their
limited time for competitor research. They don’t know if it
really helps all that much.
Many sales managers reinforce this type of thinking.
They encourage their sales representatives to stay busy,
make a lot of calls and contacts, and keep pitching. They
are not trained to teach their reps how to get the knowledge
they really need, how to contrast their proactive services
with those of the competition in order to make a
comparison that truly gives their reps something to sell.
These sales managers cannot show their reps how to descend
from 30,000 feet to the ground, and start winning in
one-to-one combat.
Later on, in Chapter 8, I introduce a sales meeting
format called CRISP (continuous and rapid improvement
sales process). The idea is to convert your sales meeting into a catalyst for driving growth by focusing on the concrete,
specific proactive services relevant to each prospect
that will move the deal forward. As we have discussed, this
is a critical element in winning. If you don’t have a persuasive
point of comparison with your competition based on
proactive service, you very likely will never get the traction
you need to get your competition fired.
The Research You Need to Win
As we discussed earlier, companies compete on price, product,
and service. Usually a company will not find any sustainable
competitive advantage in price—not unless it has
chosen to hang its hat on price, as with retailers like Wal-
Mart and Dell computers. Moreover, in services industries
especially, CEOs are not happy to hear that their sales reps
went out and doubled new business by beating the competition
on price. And where price differences do exist between
competitors, they are usually too marginal to be
decisive. Similarly, product differences are usually either
too slight or too short-lived to be sustained. Unless your
company has an airtight patent, you can’t count on milking
a product advance for very long before your competitors
start introducing something equivalent.
This leaves service, and most companies think that
“great service” consists of being responsive to their customers’
needs, of being there for them. The problem is
that all companies say that. Who other than a monopoly
can get away with not being responsive to its customers?
Everybody does a decent job of reactive service. It’s as basic to a company’s survival as a cash balance and working telephones.
It’s a minimum for staying in the game, not a competitive
advantage.
Competitive advantage comes from proactive service,
the day-to-day things a company does to make its customers’
future more predictable. These days, companies
with a strong proactive services platform can make it their
greatest differentiator in winning business away from competitors.
By researching and comparing the proactive service
you offer with the service your competition offers—and by
matching your strengths against your competition’s weaknesses
regarding proactive service in order to find your competitive
advantage—you can gain the knowledge you need to
use The Wedge and to start winning more new business
than you ever have.
Let me repeat the mantra, because it really is one of
the central themes of this book: Our job as salespeople, the
thing we need to do to make The Wedge work for us, is to
proactively control the experiences of our clients, making
their future more predictable.
Researching Yourself
In 1996, my consulting firm conducted a survey of insurance
agencies across the United States. We asked each
agency to tell us what it was saying about itself in its marketing.
In other words, what made it different from (and
better than) its competitors. When we compiled the results,
we were struck by their uniformity. With almost no exception,
every agency we contacted cited the same attributes:
competitive prices, great service, impeccable reputation,
highly trained professional staff, years in business, and commitment
to quality. Had we kept them on the phone longer,
I am sure we would have heard about the friendly receptionist
in the lobby and the nice plants in the atrium. What these
agencies claimed made them better made them the same.
In most industries even today, many salespeople are
trying to win accounts by citing things about their companies
that merely reflect the minimum standard for remaining
in business. Not surprisingly, the mediocre results they
get reflect the minimum standard for remaining in sales.
When you are selling parity, you are just one more sheep in
the flock.
How, then, do you get at what makes you better? How
do you drill down and find the things that will make your
prospects clearly see why they should be doing business
with you?
What Is Competitive Advantage?
Do you know your competitive advantage? Here is a simple
definition: It is your strengths versus your competition’s
weaknesses. That is your competitive advantage.
When a provider already has the account, the advantage
can be formidable. You are in a losing position that is
difficult to overcome. Your competition has the account,
and you do not. Imagine yourself in a game against the current
provider. All that provider needs to do is tie, or maybe
even score a little less than you. It already has the relationship
with the prospect. It has home field advantage. It is
the reigning champion, and you are the challenger who is
trying to unseat the incumbent champion.
Every company has strengths and weaknesses—your
company as well as your competition’s company. To give
yourself the best chance to win, you will need to have a
good idea of which of your strengths match up favorably
against your competition’s weaknesses. When researching
and comparing yourself with your competition, remember
these three rules:
1. Your strength versus the competition’s strength = tie,
or you lose.
2. Your weakness versus the competition’s strength =
you lose.
3. Your strength versus the competition’s weakness =
you win.
Rule 3 is the only place you can find the advantages
that you have over your competition. Do you know what
your strengths are that might match up well against the
weaknesses of your competition? If not, I would ask you:
What do you have to sell?
How to Find Your Competitive Advantage
There are three ways you can have a competitive advantage
in services. First, you can provide a service that is
unique, that no one else provides. Second, you can provide
a service that others provide, but you have a better process
for it that gets better results. Third, you can describe the
service you offer in such a clear and compelling way that
prospects are motivated to buy from you rather than from
your competitors.
Only You Do It
I was once conducting a workshop for a major financial
services corporation that was having trouble articulating
exactly what made it better than and different from its
competitors. The company had a terrific brand, but its senior
executives and sales managers could not readily come
up with the specific strengths that differentiated the company
from its rivals. During the course of the workshop, a
woman who worked for the company spoke up as if to remind
me to keep things in perspective. “Randy,” she said,
“our brand is worth $14 billion.” “I know it is,” I replied.
“That gets you in the door, but it doesn’t get you the deal.”
A lot of your competitors have great brands, too. Most
of the time, your brand versus another good brand is a
wash. The question is: What do you have to sell? Do you
have a service that only your company offers? If so, congratulations.
Most companies do not have such an obvious,
readily apparent competitive advantage. Even if they do, it
likely will not last long—whether it is cell phones with pictures,
extra leg room on a passenger jet, global positioning
systems in rental cars, or customer change counters in bank
lobbies. For differentiation that matters and lasts, you will
most often need to look elsewhere rather than rely on your
brand and your occasional innovations.
You Have a Better Process for
It That Gets Better Results
My wife, Lori, and I celebrated our 15th wedding anniversary
by treating ourselves to a stay at a five-star Dallas hotel.
When we came down for breakfast in the morning, the
maоtre d’ welcomed us into the dining room. I was taken aback when I looked at the menu to discover that a basic
scrambled egg breakfast was going to cost us $29.95 each. As
politely as I could, I asked if there were an alternative breakfast
place, and we were referred to a restaurant down the
street that featured a $2.95 scrambled egg special. How was
it that our five-star hotel, using the same eggs from Arkansas
and the same city water, was able to serve up a meal that sold
for 10 times more? Its chef had a better process that got better
results. In one case, the eggs would turn out light, fluffy,
and superbly palatable; and in the other place, where we decided
to dine, they proved to be more like rubber bands.
When you and your competitors are offering identical
or similar services, it is not merely what you do that makes
you better but how you do it. In business, the question to ask
yourself is: Where do I have better processes that produce
better results, creating more predictable results for my
clients? How do I drill down into the details to find them?
For example, there are about half a million certified
public accountants (CPAs) in the United States. They all
can do taxes. But how they do taxes varies. One might claim
to minimize your tax liability but merely send you a completed
return to sign. Another might stop by your office in
December and go over a tax minimization checklist with
you, looking for areas to reduce your liability and giving
you other specific advice so that you do not overpay (a
proactive service).
Suppose, for another example, that you own your own
home, and your homeowner’s insurance policy includes
coverage of your personal property. You want to make sure
you are protected, so you regularly write a check for the
premium. But do you really know what is covered and what is not? Some insurers simply provide the policy and the required
explanatory documents. But wouldn’t it be nice if your
agent came out 60 days before renewal to do an exposure
analysis, and went over a checklist to see what items you have
bought such as cars, jewelry, furniture, and other add-ons to
make certain everything was covered (a proactive service)?
Again we see that your competitive advantage lies not
only in what you do but also in how you do it. This is where
you can find your better process that gets better results,
and creates more predictable results for your clients.
Nowhere are the opportunities greater for you to create
competitive advantage than in the proactive services
you provide. These are the specific, concrete things you do
to make your client’s future more predictable.
I recommend to my own clients that they create a
written proactive services time line for each of their customers.
The time line sets forth the things they will do in
the course of the year to provide service, prevent problems,
deal in a timely fashion with issues that arise, and otherwise
make life more predictable and more successful for the
people who have hired them. By putting a written proactive
services time line in place, they are making their service
more predictable for their clients in areas where their
clients previously were underserved. This helps prevent
new pain from jeopardizing their current relationship with
their clients, and it also “Wedge-proofs” these clients by
making their service predictable.
You Differentiate It Compellingly
How many times have you spoken to a “computer person,”
a technical person in information technology (IT), and carried on an understandable, meaningful dialogue that enabled
you simply and easily to grasp the main points? Indeed,
how many times have you had a conversation with an
IT person that lasted more than 30 seconds? For most of
us, computer people have a language all their own that defies
our immediate understanding.
The challenge for nearly all businesspeople is that
each of us has a language peculiar to our own industry that
prospects do not fully understand. This creates a major
selling problem. What prospects do not understand they
cannot appreciate. If we are unable to translate the value of
what we do into clear, concrete examples that prospects
understand, then we cannot gain a competitive advantage
from that value. I ask you again: If you cannot articulate
your competitive advantage, what do you have to sell?
What happens is that you end up relying on pure relationship
selling. You develop trust and comfort with
your prospect, and hope to be there when the opportunity
to win business arises. But would it not be better to
shorten the time it takes to get paid, to have a predictable
way of winning new business without having to rely on
relationships that may or may not quickly bear fruit?
That is what this book is about. Your strategy using The
Wedge is to go in there and bust the relationship between
your prospect and the current provider. How can
you best do that? By helping your prospects see in the
clearest, most concrete way possible how they are being
underserved by their provider, or would be without you.
That is the way to create truly powerful differentiation,
gain competitive advantage, shorten the selling cycle,
and win the account.
The Ladder of Abstraction
What does “quality” look like? Can you draw a picture of
“love”? If you cannot, neither can your prospect. If your
prospect is unable to visualize what you are offering, how
will he or she be able to comprehend a meaningful difference
between you and your competitors? Yet this is the way
too many salespeople try to differentiate themselves. They
have a mental thesaurus full of glittering generalities—
great prices, dependable quality, friendly service, real
value, blah, blah, blah!
You may remember the late U.S. Senator S.I. Hayakawa.
He was a mustachioed politician and academic who
was partial to wearing tams. In the late 1960s, as president
of what was then San Francisco State College, Hayakawa
took a stand against the disruptive tactics of unruly student
protestors. But Hayakawa’s first passion was language, not
politics or grating on rebellious young people. In his book
Language in Thought and Action, Hayakawa wrestled with
the way we use words to convey meaning. He put the language
we use on a scale, from abstract to concrete. He
called his scale “the ladder of abstraction.” The lower on
the ladder, the more concrete the word. The higher on the
ladder, the more abstract the word.
Abstract/General versus Concrete/Specific
My daughter, Reagan, brought home from school an excellent
example of the ladder of abstraction. It was a chart
showing how dairy products are organized in a supermarket.
Imagine Reagan’s chart as a ladder. On the top rung is
the word “dairy.”
However, if you asked your spouse to pick up some
“dairy” on the way home from the office, the term would
not be very useful. On the next rung down are the words
“milk” and “cheese,” dividing dairy products into these two
broad categories. Again, unless you had no real food preferences,
asking your spouse for “milk” or “cheese” would
not necessarily enable you to get what you wanted. Moving
further down the ladder, the “milk” products are divided
into skim, 1 percent, 2 percent, whole, and half-and-half;
and the “cheese” products are divided into American,
Swiss, cheddar, cream cheese, and cottage cheese. Moving
still lower on the ladder, the specific kinds of cheese are
further broken down into, for example, various degrees of
fat and sodium content. Now we are talking. “Honey,
could you pick up some low-fat, small-curd cottage cheese
on the way home?”
Selling on the Lower Rungs
The ladder of abstraction can be applied to any product or
service you offer. At some point as you work your way
down the ladder, the concreteness and specificity of what
you are talking about become clear to your prospect. That
is why it is more effective to sell from the lower rungs of
the ladder—where you and your prospect have the same
mental picture, and you therefore can get your prospect to
appreciate how you do things better. When you have done
that, you can leverage your competitive advantage over
the competition.
Consider our earlier examples in light of the ladder
of abstraction.
Remember the major financial services corporation
with the $14 billion brand that could not articulate its differentiation
from competitors? Once we started moving down
the ladder of abstraction in our workshop, it turned out that
this company had a specific way of training its clients that
enabled those clients to get more value from their relationships
than they could with similar financial services firms
that provided comparable training. That specific, concrete
difference in the method of training proved to be a marketable
point of differentiation that enabled the company to
use The Wedge to win business away from its competitors.
When choosing between the two CPAs who both offer
to minimize your tax liability, would you rather have
one who fulfills that promise by merely mailing you a completed
tax return to sign or one who stops by your office in
December and goes over a tax minimization checklist to
make sure everything is considered?
When choosing between the two homeowner’s insurance
providers who both cover your tangible personal
property, would you rather have one who merely mails premium
renewal notices, or one who is willing to stop by
your house 60 days before renewal to make sure any newly
acquired items are covered?
In each case, while the promised benefit is the same,
one company has a better process that produces better results,
and by staying low on the ladder of abstraction the
company can communicate to you in concrete terms how it
is better than its competitors.
Where to Look
Where do you look to find the concrete things you do on a
day-to-day basis that you can get your prospect to visualize? Where do you find the corresponding weaknesses on
the part of the competition? Where do you find the material
for the sound bites that create visuals contrasting your
strengths with the competition’s weaknesses?
I can give you the techniques to use so that you can
come up with the specific examples that fit your situation.
First, you need to put yourself in the shoes of your
prospects. Ask yourself what would typically be some of the
things they dislike. These are the areas where you can develop
proactive solutions. In most industries, salespeople
have a pretty good idea of what these pain-producing
problems are likely to be. A generic list of painful symptoms
to tell you where to look more deeply might include
such complaints as:
• I never see our rep.
• My calls are not returned quickly.
• The invoices were higher than we expected.
• They do not seem to really understand our business.
• They do not bring us new ideas and suggestions unless
we ask.
• They give us things at the last minute.
• Our billings are inaccurate.
• Things seem to fall between the cracks.
Just about any business should have 12 to 18 specific,
concrete examples of service strengths (such as those that
match up against your competitors’ service weaknesses related
to the symptoms just cited) that it can use the ladder
of abstraction to communicate effectively to its prospects.
Winning with Precision and Confidence
When you have found your winning differences, and
know how to communicate them powerfully by staying
low on the ladder of abstraction, you will be able to go
into any selling situation with more precision in finding
the pain that will drive The Wedge, and with greater
confidence of winning.
During the first Gulf War following Saddam Hussein’s
occupation of Kuwait, television viewers were awed
by the accuracy of the munitions. Laser-guided missiles
were literally sent down the chimneys of buildings or
through front doors. One bomb, one successful hit. It was
in sharp contrast to the tactics of World War II, when multiple
bombs were often scattered over a broad area to increase
the odds of hitting a target. The Wedge is efficient
in the same way. When you have the specific, concrete examples
you need to find your prospect’s pain, you can use
your time far more productively—getting to the heart of
the matter without a lot of peripheral discussion.
At your next sales meeting, you can benefit greatly by
putting your prospects, your competitors, and your own
company up there on the whiteboard, drilling down into
what makes you better than and different from your competitors,
matching that up with your prospects’ likely pain,
and then converting those examples into concrete chunks
that you can go out and use to create the kind of powerful
differentiation you need to drive The Wedge between your
prospects and your competitors.
Because you know the details, you and your colleagues
will go into selling situations with more confidence—no
more relying on generalities that result in follow-up questions you cannot answer. When you think about it, there
are four levels of knowing: you either know something; you
know about something, you do not know it; or you do not
know that you do not know it. One of the keys to rapid
growth is to stop faking knowledge. Admit what you do not
know, and then learn it as rapidly as possible. Differentiation
using the ladder of abstraction to find the concrete,
specific things that are your competitive advantages will
enable you to pursue new business based on what you actually
do know. Knowledge is power and, in selling, knowledge
gives you the confidence you need to win the respect
of your prospects.
Summary
Before we move ahead and discuss how to conduct a sales
call using The Wedge, let us take a moment to review the
highlights of this chapter:
• Your precall research should include all three parties
in the selling situation—your prospect, the competition,
and yourself.
• Your research should focus on finding and clearly describing
your competitive advantages over the competition
related to the pain your prospect is likely to
have regarding the current provider’s service. The
better and different service that you can offer to ease
your prospect’s pain, contrasted with the prospect’s
current service that is causing that pain, is your winning
difference.
• The specific knowledge you can gain about a company
from individual people in the know can have much
more impact than the vast amount of information available
via the Internet and other media. Your next step is
to use that knowledge with intelligence, converting it
into a form that will enable you to powerfully state
your competitive advantage.
• Questions to address when researching prospects include:
Who will make the decision to hire me, and
who influences that decision? If there is a current
provider, what is the nature of the provider’s relationship
with the prospect, including any weaknesses
in service and other areas of vulnerability?
Whom do I know who knows someone who works
for the prospect?
• When researching the competition and your own
company, you should look for your strengths that
match up favorably against the competition’s weaknesses.
Those are your competitive advantages.
• There are basically three dimensions of competition:
price, product, and service. Your greatest opportunity
to gain competitive advantage and win accounts lies in
service, and especially in proactive service, not reactive
service.
• There are three places you can find your competitive
advantage in services: (1) something that only you do;
(2) something that you and others do, but you have a
better process for doing it that gets better results; and
(3) something that you and others do, but you have a
compelling way of describing it that motivates
prospects to want to do business with you.
• It is not just what you do but how you do it that
makes you better. In explaining how you do something,
you should identify and communicate the
specific things that you do, rather than giving your
prospect general descriptions.
• When talking to prospects, stay low on the ladder of
abstraction, using concrete, specific words that create
mind pictures.
• You should create for each prospect and client a proactive
services time line. This time line will prevent the
pain your prospect associates with his or her current
service, and will help to ensure continuing client satisfaction
with you.
• Your job as a salesperson is to proactively control the
experiences of your clients, making their future more
predictable.
• By doing precall research that matches your strengths
against the competition’s weaknesses, that enables you
to compellingly describe your proactive services in
concrete terms that differentiate you from the competition,
and that prompts your prospects to conclude
that doing business with you will alleviate the pain
they associate with their current service, you can begin
winning new business more predictably.
Now that you have learned The Wedge precall strategy,
it is time to examine the tactics that you can use to win
the account by getting your competition fired . . . without
saying anything bad about them.
Part II outlines a six-step conversation, The Wedge
Sales Call, that you can use as a format each time you
visit with a prospect. It is not a script, something you
need to memorize. It is a conversational road map, with
easy-to-remember segue phrases to take you from one
step to the next.
Your approach in using The Wedge to win new business
will no longer be to “sell” prospects. You are going
to leave traditional selling behind—no more canned presentations,
feature benefit spiels, and trial closes. Instead,
you will guide your prospects through a process of selfdiscovery,
letting them stay comfortably in control of the
pace. When you have done it right, your prospects will
ask you to do business, and they will affirm that they are
ready to fire their provider, or to stop talking to your
competitors, in order to hire you and make it happen.
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