Communicating Compelling Business Value
Document Management Software
Objective
Reposition commoditized software solution as a game-changing solution with unique business value.
Obstacles
Mixture of direct and channel sales teams were locked in “red-ocean” go-to-market strategies, requiring a new sales approach.
Approach
Develop a business value proposition focused on addressing business process inefficiencies and improving key performance indicators. Codify the message in an executive-oriented whiteboard and deploy to the entire sales team with role-play practice and planning for pipeline development.
Outcome
Re-positioning of the product line resulted in the sale of the entire company for a significant price premium.
