Understand why In financial services, the differences between competitors are often relatively small. Learn how to unpack these, and position your solution to quantify competitive differentiation for your buyer.
- What's the difference between…Bank of America, Wells Fargo and Citibank?…You don't have any idea, do you?…Because they're all banks, right?…Well that's the challenge.…Competitive differentiation.…You see, financial organizations…are always looking for ways…to differentiate themselves from the pack.…And connecting in to that desire…for competitive differentiation…can be a huge advantage for the sales people…who are able to do it.…
So let's talk about this.…The first place you can offer help…with competitive differentiation…is if you can improve the employee experience in any way.…Now the employee experience contributes to…morale, innovation,…and the ability to attract and recruit the best talent.…The best talent is more innovative, more customer-focused,…and more tapped-in to industry trends.…A bad employee experience leads to a stagnant culture,…a bad customer experience, and it's all downhill from there.…
So, try to find a way to connect your product or service…to improving the employee experience.…For example, if you sell legal services…
Released
5/3/2018- Define investments.
- Craft a financial narrative.
- Explain how to read annual reports.
- Identify your buyers.
- Codify your value.
- Describe how to tap into industry deadlines.
- List reasons buyers will trust you.
Share this video
Embed this video
Video: Leverage competitive differentiation