"No, the product does not create demand"

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"Demand-side sales is about pulling people toward progress. Flipping this lens flips the role of salesperson from icky used car salesperson to a helper. When you get away from pushing your product, you start to make people feel like you’re helping them; you’re their concierge. You’re no longer the used car salesperson. A great salesperson listens first and then helps.

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The very foundation of demand-side sales is being helpful, empowering, curious, and creative; you must understand why people do what they do.

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Principle #1: People buy for their own reasons. It’s more about progress than about your product or service. Your job as a salesperson is to help people make progress on their terms; it’s about more than selling and making the “almighty dollar.” Approaching sales from this mindset will set you apart as a great salesperson.

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Principle#3 The struggle creates demand. The struggling moment is the seed for all sales. Where do people struggle? Helping people make progress is embedded in finding these struggling moments. So, find the struggling moment!

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Myth #1: Supply creates demand; build it and they will buy it. No, the product does not create demand. [Moi ici: Quantas vezes ouvem os políticos dizerem-nos o contrário?] However well-meaning your aspirations, they are not enough to sell your product and cause people to make the necessary tradeoffs. People want to be their definition of best, not yours. It’s about fitting your product into their life by understanding the progress they are trying to make.

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Myth #3: Sales is about convincing people, and you can convince anyone to do anything. Salespeople don’t convince people to buy, people convince themselves. They buy for their own reasons. The customer defines the value. You need understand them first, and then your product and how it fits into their lives."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

Are you a helper?

"Unfortunately, most salespeople are not taught to think of themselves as a helper. They are taught to think about their product, the what, with all its features and benefits, and the people, the who, as a set of demographics. But they’re missing the five W’s and two H’s—who, what, when, where, why, how, and how much. Salespeople have been trained to only focus on a small portion of the equation. In fact, it seems many salespeople are operating under the marketing framework"

Deixar isto cair bem fundo. Antes de apanhar com o resto:

"When brand equity became more valuable than cashflow, marketers took the lead. It’s a fundamental powershift that’s relegated salespeople to order takers, not helping to generate demand. Marketers are expected to create demand, and sales is to follow the leads generated. It’s a flawed approach that sets salespeople up to fail. Demand is only generated by a customer’s struggling moment. If there is no struggle, there is no demand.

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It’s the lack of resources that’s turned traditional supply-side sales into an icky business. Salespeople are put under tremendous pressure, everything they do is viewed through the lens of the product and profit. The focus is on the “church of finance,” where cashflow is king and budget forecasting is center stage to keep banks and investors happy. When the “church of finance” is driving decisions, they’re not made in the customer’s best interest. As a result, salespeople end up promoting and creating endless ways in which to push people to buy their product or service before they’re ready. The reality is the push mentality does more harm than good—failed expectations and buyer’s remorse."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

Remember

"Remember that the push of the situation and the magnetism of the new solution need to be stronger than the anxieties and habit before someone will buy. 

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Remember, the most vulnerable people in your portfolio are your current clients because you’ve learned to ignore them.

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Remember, value is created and money is made by solving the anxiety side of the equation.

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Remember, people are not paying attention until they see the problem in their own lives."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

"Contrast creates value"

 "Active looking is asking yourself, “What are the alternatives for progress?”

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Ultimately, this is where people build their ideal solution—a target. It’s important that the buyer has contrast; without contrast it becomes almost impossible to decide. 

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The outcome of active looking is that the buyer knows what they want. A “time wall” has pushed them into deciding. It’s a trigger mechanism that forces them to choose, rather than endlessly look.

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When deciding, people must make tradeoffs: What’s most important? What’s least important? This is where priorities are set, and value codes determined. It’s a triangle between time, cost, and quality. No one can have it all! People set their expectations here and will base their satisfaction on the criteria they set.

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Chad decides he cares most about trust and flexibility over cost. Chad trusts the new bank because they are willing to be upfront and honest and tell him no directly rather than giving a vague maybe about what they can and can’t do. Additionally, one of the contacts is a known colleague. They also provide Chad with options; they don’t try to define value for Chad. Ultimately, Chad chooses flexibility over cost. It’s a great example of tradeoffs. No one else gave him a more expensive option to buy ease of use. Why not? Probably because they didn’t think he would take it. You do not know what your customer wants, provide contrast."

Recordar:

"Contrast creates value

Providing an interviewee with contrast leads to greater understanding. Have them tell you why they decided against an alternative path. I use a bracketing technique to help provide contrast where neither option is right, and they need to elaborate."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

"what is progress for people?"

 

 "we try to make larger markets and try to lean things out, but I believe that one of the reasons we have no growth is because nobody's helping people make progress and progress is defined as saving money or being more efficient, or being more effective, but not about doing something something better and different and so I believe that one of the things that we have to really work on in the future is understanding what does progress look like, what is you know at some point, where we all going and so to me I spend a lot of now... I'll say in the business I have to really try to define what is progress for people." 

Outro podcast muito bom, cheio de sumo - "Understanding Your Customer & Defining Progress - Interview with Bob Moesta" 

"you have to get through the complexity to get to simplicity on the other side"

 "This is how naive I was in the beginning. I’d see a problem, you’d pick up the rope and say ‘hey I can solve this problem’. And little did I realize that there was just a big mountain of crap on the other side. The reality is that there’s a simplistic approach to how we think. Sometimes people just dive in and do the first thing off the top of their head. And what I’ve realized is you have to get through the complexity to get to simplicity on the other side. It’s one of the only quotes I’ve memorized and when I heard it, it really rocked me which is Oliver Wendell Holmes who is a Supreme Court justice from 1902 said “I wouldn’t give a fig for simplicity on this side of complexity, but I’d give my life for simplicity on the other side of complexity”."

Trecho precioso!

Pensei logo na quantidade de empresas que apresenta planos simples para atingir objectivos ambiciosos sem nunca passar pela fase da complexidade

 

Trecho retirado de "The 5 Skills Of An Innovator | Bob Moesta, The ReWired Group | BoS USA 2018" 

"creating the space in the brain"

 

"Through the years we’ve uncovered the six stages a buyer must walk through before making a purchase:

First Thought—creating the space in the brain

Passive Looking—learning

Active Looking—seeing the possibilities

Deciding—making the trade-offs and establishing value

Onboarding—the act of doing the JTBD, meeting expectations and delivering satisfaction and value

Ongoing Use—building the habit

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When conducting interviews, we imagine the events in their life like huge dominoes falling. We need to understand the buyer at a very granular level. What happened that made them say, “Today’s the day I am going to…”? We need to understand causality. What are the events which pushed and pulled them to move forward or backward? It is an important concept. The customer has a certain set of systems for how they buy, and our process needs to feed their world to help them make progress. So when interviewing, we continue until we can imagine the dominoes in their life tipping over, moving them along the timeline.

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Once you have the first thought, you’ve opened up the space in your mind for the information. Without this first thought there is no demand.

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Four ways to create a first thought

• Ask a good question…and not give an answer
• Tell a story
• Give a new metric
• State the obvious"

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

"Great sales begins with understanding the JTBD by your customer and the progress they are trying to make"

"Part of the “Five Whys” is to take a step back and not talk about what the customer wants from the solution perspective. For example, people might say I want the car door to be easy to open and close. Now, if you focus on the door, you have a limited set of solutions. As opposed to looking at it more broadly and thinking about making it easier to get in and out of the car generally. Now you are not just looking at the door but the placement of the seatbelt, etc., because you stop assuming you know the solution. It’s about seeing the bigger picture.
We use this methodology when interviewing our customers to get to the root of the problem they are trying to solve. Companies are selling drills instead of holes because they do not ask why enough times. They sit in boardrooms thinking of their product’s features and benefits and fail to see how it fits into their customer’s lives because they simply fail to ask why. You cannot design the way your customer makes progress; you need to understand their definition of progress and design your process around it. People don’t buy products; they hire them to make progress in their lives.
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Let’s define JTBD. It starts when people are in a struggling circumstance, and they want to make progress.
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building their solution starts with understanding their situation and why they are thinking about making progress in the first place, as well as what their vision of progress looks like.
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Eliminating the struggle is not progress, them overcoming the struggle is progress. Both pieces are critical; the key to understanding causation is found in the circumstance and the outcome. Value is relative to your circumstance and determined by where you start compared to where you end. Circumstance is a big part of understanding causation. Their circumstance is a reference point for their progress, without understanding their starting place you cannot design their progress.
Great sales begins with understanding the JTBD by your customer and the progress they are trying to make: What is the situation they are in? What’s the outcome they seek? What are the tradeoffs they are willing to make? We do this by interviewing people who’ve purchased your product or services and understanding why. And why is relative to what’s going on in their life that caused them to say, “Today’s the day…” But it’s not an imagined customer or persona as we explained in chapter one, it’s real buyers. And the why you are looking for has nothing to do with your features and benefits. It’s about the customer and the progress they are trying to make in their life. To build a meaningful understanding of why people buy, we must create language, a story, and a model of their struggling moment."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.

"Demand-side selling starts with the struggling moment"

 

 "Buying is very different than selling. The best sales process mimics the progress that people are trying to make in their lives. Selling is clearly a supply-side perspective, while buying sits on the demand-side.

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What’s so special about their approach? It’s a worldview of selling from the customer’s vantage point, which we call demand-side selling.

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Because the supply-side is so worried about efficiency and effectiveness, it’s become all about building one model that works for many people. But one size does not fit all! Aiming for average hurts customer satisfaction, because when you strive for average you end up pleasing no one.

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Supply-side: The focus is on the product or service and its features and benefits. How will I sell it? Who needs my product?

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Demand-side: The focus is on understanding the buyer and the user. How do people buy and how do they make progress? What’s causing them to make a purchase? You design your go-to-market strategy around the buyer’s worldview, not the product. You are looking at the world through a real buyer’s eyes. It’s understanding value from the customer-side of the world, as opposed to the product-side of the world. Demand-side selling is understanding what progress people want to make, and what they are willing to pay to make that progress. Our product or services are merely part of their solution. You create pull for your product because you are focused on helping the customer. Demand-side selling starts with the struggling moment. It’s the theory that people buy when they have a struggling moment and think, “Maybe, I can do better.

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Traditional economics thinks supply and demand are connected. But we would say that demand is independent of supply. Demand is about a fundamental struggle. Supply and demand are two completely different perspectives in sales.

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The struggling moment is the seed for all new sales.

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Companies get sucked into thinking about the features the customer wants, as opposed to the outcomes they’re seeking. It’s the basic premise of cause and effect. Understanding the context by which people value your product will make it easier for you to understand how to sell your product. Only your customer can determine your value!"

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta. 

"The struggling moment is the seed for all innovation!"

 "A sales funnel based on the probability someone will buy, without understanding what causes them to buy, made no sense to me. In my experience, customers bought on their terms. I didn’t convince them to do anything; they convinced themselves. It was their moment of struggle that became the seed that caused customers to switch to my product or service. We are all creatures of habit, and we will keep doing what we have been doing unless we have that struggling moment. So I flipped the lens, stopped trying to push my product, and started to understand what caused people to pull new things into their lives

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There’s a different way to sell, and it starts with helping people make progress.

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JTBD is the theory that people don’t buy products, they hire them to make progress in their life.

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Great salespeople are real people: they ask questions, they listen, they learn, and they help you make progress in your life. Salespeople help customers solve problems and make progress in their life. Instead of pushing their product, they represent their product and how it fits into your life. Sales is about perspective—think concierge, mentor, or a coach, not an order taker. It’s about looking through your customer’s eyes, seeing what they see, hearing what they hear, and understanding what they mean. And there’s nothing icky about helping people. Period! The world could use a little more help.

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The struggling moment is the seed for all innovation!

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great salespeople don’t sell; they help. They listen, understand what you want to achieve, and help you achieve it. A better title would be “concierge.

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And you’ll learn it’s not about you, it’s about their progress. It will teach you to listen more intently, be more curious, and truly understand what your customers are saying."

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta. 

Struggles and progress

 "sales isn’t about selling what you want to sell, or even what you, as a salesperson, would want to buy. Selling isn’t about you. Great sales requires a complete devotion to being curious about other people. Their reasons, not your reasons. And it’s surely not about your commission, it’s about their progress.

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Everyone’s struggling with something, and that’s where the opportunity lies to help people make progress. Sure, people have projects, and software can help people manage those projects, but people don’t have a “project management problem.” That’s too broad.

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People struggle to know where a project stands. People struggle to maintain accountability across teams. People struggle to know who’s working on what, and when those things will be done. People struggle with presenting a professional appearance with clients. People struggle to keep everything organized in one place so people know where things are. People struggle to communicate clearly so they don’t have to repeat themselves. People struggle to cover their ass and document decisions, so they aren’t held liable if a client says something wasn’t delivered as promised. That’s the deep down stuff, the real struggles."

To say that our product is the best because technically it is the best in terms of specifications, is to forget that people like me drive a Fiat 500, not an Audi or a BMW, by conscious choice.

People don't buy products, they hire products to do a service for them. And that service may have nothing to do with the technical specifications.

Trechos retirados de “Demand-Side Sales 101: Stop Selling and Help Your Customers Make Progress” de Bob Moesta.