Outbound Wiki

Value proposition

Stating who the offer is for, what it changes for them and why it beats doing nothing.

A value proposition tells a buyer what your offer does, what benefit they get, and why they should choose it over another option.1 The challenge is perspective. Companies often describe themselves from the inside, which keeps buyers from seeing themselves in the description.2 Write each outbound version from the buyer's changed situation, then give them a reason to take the next step with you. That turns a description into sales messaging.

Structure the proposition as context, value, and ask.3 The sequence moves the buyer from recognizing their situation to taking action.

Stage What you are trying to learn Example question
Context Who has the need and what situation they are in What is happening in this part of the business?
Value What benefit the customer receives4 and why the offer deserves selection5 "How does the offer help create value for the customer?"6
Ask Why the requested action helps the prospect7 What would make the next step useful for you?

Build the proposition

Start with the buyer's situation and write toward a change they can recognize. A rep should be able to say the proposition plainly, and a prospect should understand what happens for them.

Use this structure:

For [target user], who [user need], [name of concept] solves/provides/helps [benefit].8

Fill the brackets with a specific audience, a clearly described problem, and an outcome the buyer can recognize. Keep the problem specific and clearly stated.9 Then say what the company does and why it solves that problem.10

Edit until the benefit carries the sentence. Explain the product mechanism later. Keep the proposition short, concise, and clear.11 The buyer should be able to understand the change without working through product language.

Put it into outbound

Write so the recipient can see themselves in the sentence. Give them enough context to understand why the offer belongs in their world before you ask for time.

Show that the offer is for the recipient, relevant to their industry, and connected to something they care about.12 Put the value proposition in the email instead of making the recipient infer it from a subject line or a list of capabilities.13 Describe how the buyer will experience and recognize the value, so the message gives them an outcome they can notice.14

For a direct message, a strong approach is to state the audience, outcome, time to value, and lack of risk quickly when the offer can support that level of directness.15 Keep the sentence anchored to the recipient's situation. If the buyer cannot tell why they should care, the proposition has stopped doing its job.

Make the next step carry value

A value proposition should also give the buyer a reason to continue. Make the next action useful in its own right.

Offer the customer something useful to join you in the next step.16 This approach is called an offer of value.17 That value might come from the next conversation, an answer it helps produce, or a problem it helps the buyer examine. Name it before asking for the meeting or follow-up.

Explain what the client receives for saying yes whenever you ask for a commitment.18 Keep the initial pitch aimed at earning interest and showing that the solution can address the problem.19 The first exchange can give the buyer a reason to continue that makes sense from their side. The whole purchase does not need to be resolved at that point.

Move from discovery to explanation

Use what the buyer has told you to make the proposition credible. Find the problem, then connect it to the change your offer creates.

Start by asking, "What is it that this company is solving for their customers?"20 Keep asking until you can describe the problem in terms the buyer recognizes. Once you have enough information, explain how you can solve it. That move is the transition to the value proposition.21

When you uncover a process problem, show why the product will capture the activity now.22 Listen for the point where the buyer's current process and desired change can sit in the same sentence. Move on when you can explain the change without returning to a general product description.

In a larger meeting, put the problem, the cost of inaction, and the alternatives, including your solution, at the beginning.23 This gives the proposition a decision context. The buyer can judge the offer against the current situation and the available paths.

Test the proposition before you spread it

Treat the proposition as the answer your messaging must express everywhere. Test it in plain language before turning it into a page, sequence, or call script.

Write the answer down before expressing it on a website or in marketing collateral.24 Read it aloud and ask, "How does the offer help create value for the customer?"6 If the answer starts with a feature, move back to the benefit and the buyer's situation.

Keep feature detail out of the core sentence. An effective value proposition stays easy to understand and gives enough information to show what makes the offering unique.25 The proposition is intended to be believed,26 so test whether a buyer could accept it as a clear explanation of their outcome.

Carry the same answer through the headline, slogan, and every other customer-facing message.27 The words can change with the channel, while the buyer, problem, benefit, and reason to act stay recognizable.

What not to do

  • Do not sell only on the prospect's pain.28
  • State what the customer gets alongside what the company does.29
  • Keep the value proposition separate from the headline and slogan.30
  • Explain the solution's value before the deal reaches its end. The buyer needs to see it earlier.31

Tool for this

Turning your website into sales arguments

Intedat has a useful take on this step. You give it your website and it reads it into a profile: what you do and for whom, your services, pricing model, certifications, references, what sets you apart and the easy first step you offer. The intro emails, the follow-up and the call script are then written from that profile, so they read like your business, and you edit them before anything goes out.

Open Intedat

Sources

  1. 1
    “Think of a value proposition (or value prop) as a simple statement that helps describe what benefit a potential customer might get from using a specific product or service over another.”
  2. 2
    “They're describing their product from the inside – and their buyers can't see themselves in it.”
  3. 3
    “you structure yours like context, value, ask”
  4. 4
    “And then the most important part is the benefit that your customer is getting by choosing your offering.”
  5. 5
    “It's telling your customer clearly what your offer is and why they should choose you over a competitor.”
  6. 6
    “How does the offer help create value for the customer?”
  7. 7
    “interest to take that action. So whether it's booking a meeting on a cold call, or I'm trying”
  8. 8
    “For [target user], who [user need], [name of concept] solves/provides/helps [benefit].”
  9. 9
    “Granular problem that we solve granular might not be the right word. I want to be crispy”
  10. 10
    “This is what the hell we do and why we solve it.”
  11. 11
    “Make it very short, make it very concise and make it very clear.”
  12. 12
    “We have to show them it's for them. It's for their industry. It's connected to something that they care about.”
  13. 13
    “Say your value proposition.”
  14. 14
    “All of my language is around how they're going to experience value, how they're going to recognize that.”
  15. 15
    “This quick and to-the-point strategy in which you rapidly call out the audience, the outcome, the time-to-value, and the lack of risk is a strong option, because it lays everything on the table rapidly, with an air of confidence. This is the kind of move that can work well when the offer is compelling enough to warrant a direct message.”
  16. 16
    “instead offering the customer something to join you in that next step together.”
  17. 17
    “That's why I call them offers of value.”
  18. 18
    “Anytime you ask for a commitment, you have to explain the value”
  19. 19
    “But my goal here is to pique their interest and show that we actually can solve that problem.”
    Fixing the WORST Cold Call Pitches Known to Man

    30 Minutes to President's ClubBack to the text

  20. 20
    “what is it that this company is solving for their customers”
  21. 21
    “That's the transition to the value proposition.”
  22. 22
    “Then you show them why you'll capture that now.”
  23. 23
    “problem that you believe that the cost of inaction and the alternatives, which include you.”
  24. 24
    “If you are creating a new value prop, this will be even easier because you will be writing down the answer to this question before expressing it on any website or in any marketing collateral.”
  25. 25
    “It doesn't get into the details of every single feature, but it's easy to understand and gives us enough information to understand what makes Shopify unique.”
  26. 26
    “A value proposition exists to be believed.”
  27. 27
    “The headline and slogan and every other message your customer receives should be expressions of this value proposition.”
  28. 28
    “You cannot just sell on pain.”
  29. 29
    “It lies in how the product is described – specifically, in the fact that most companies describe what they do rather than what their customer gets.”
  30. 30
    “It’s not your headline. Or your slogan.”
  31. 31
    “you telling them that right at the goal line is not helping.”