Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Value creation is the thing with prospects

X
Your article was successfully shared with the contacts you provided.

According to author Stephen R. Covey, “The main thing is to keep the main thing the main thing”—clever, funny and true. To be successful, you must maintain your focus.

The main thing, when you are engaged with a client or prospect, is to create value—during every single interaction. The more value you create, the more valuable you become. The greater the perception of value, the greater the likelihood of gaining a commitment that moves you forward together.

If you focus on getting a commitment at the expense of creating value, your goal will elude you. If your main thing is increasing revenue, then creating value for your clients—the thing that brings referrals, repeat customers and rave reviews—will suffer. And so will your revenue.

The thing about making value creation the main thing is that it covers every interaction. You make gaining an appointment more likely by creating value during your nurturing and prospecting efforts. You make needs-analysis meetings more valuable by helping your clients understand their real needs. And you make presentations more effective by sharing and confirming the vision you and your prospect have built together.

The main thing is to keep the main thing the main thing. And the main thing is to create value during each and every interaction.

Sign up for The Lead and get a new tip in your inbox every day! More tips:

S. Anthony Iannarino is the managing director of B2B Sales Coach & Consultancy, a boutique sales coaching and consulting company, and an adjunct faculty member at Capital University’s School of Management and Leadership. For more information, go http://thesalesblog.com/s-anthony-iannarino/


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.