Expert Video

Steve Hurley interviews Nina Hargus, VP of Global Services at EMC Corporation on some of the difficulties in enabling the channel to sell solutions

Defining a "Solution"

"Solutions" is one of those slippery words that can mean anything and everything. In the context of B2B companies, however, the term has taken on a specific meaning.  A council of leading solutions marketing professionals, sponsored by ITSMA, developed the following definition:

"A solution is a combination of products, services, and intellectual property focused on a specific business problem that drives measurable business value."

While we like and agree with this definition, we believe that it's missing s few important elements, so here is our definition:

"A combination of products, services, and intellectual property focused on a specific business problem or opportunity that drives measurable business value and can be significantly standardized. The solutions components can be from either the vendor and one or more partners, and the solutions implementer can be the vendor, the partner, the customer itself, or a combination of the three."

It's a bit longer, and doesn't exactly roll off the tongue, but we nevertheless have found that it clicks with both buyers and sellers given its emphasis on solving specific business problems with measurable business value.  Also, the value is determined by the amount of the solution that is delivered by each of the parties involved in creating the solution. Understood as such, the word "solution" can get beyond the hype and provide important direction to business strategy and operations.

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Entries in selling (7)

1:13AM

Is sales enablement dead?

Sales Enablement is a huge topic in B2B these days. You can spend all day every day and still barely scratch the surface of all the dialogue, debate, and events exploring the "real" meaning of sales enablement, who is doing it well, what tools are most useful, and how social media will revolutionize the whole process. (Forrester's upcoming forum is a great example.)

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5:39PM

Marketing to key accounts: It's all about the relationships

I was interviewing a Key Account Manager for a large tech firm the other day, and was struck by her comment that she wanted the firm's marketing people to be much closer to her customer.  

This is a large global account we're talking about, with a big account team and numerous multi-million dollar deals worldwide.

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1:17PM

The four engines of B2B marketing success

A friend recently had the good fortune not only to take over marketing for a successful B2B firm, but to do so with a mandate to build a new strategy that ensures a much greater impact on the business.

He's a bit like a kid in a candy store. He's got budget to spend, executive support for more ambitious marketing, and a relatively clean slate upon which to draw the new strategy. 

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11:21AM

Outsourcing reality show illuminates the buying process

About a month ago, the good folks at the Outsourcing Institute asked me to contribute some  "lessons" for services marketers based on their web-based reality show, The Transaction. No cash involved, but it sounded like an quick PR hit for me while helping out a great organization. 

TransactionEpisode7

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5:46PM

Provoking the sale: One crucial meeting?

While the main idea of “provocation-based selling” may not be so new, Geoffrey Moore’s recent article has certainly provoked some useful thinking here at Solutions Insights. Steve Hurley has already presented our general perspective that the differences between Moore’s “new” idea and the longstanding tenets of solutions selling are actually minimal at best. Indeed, we have always believed (and taught) that good solutions selling requires just the type of deep customer insight, strong point of view, and executive-level engagement that Moore, et al, claim are the key ingredients of the new approach.

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3:34PM

Is solutions selling dead...or more important than ever?

Did longtime tech marketing guru Geoffrey Moore just publish an obituary for one of the most successful forms of selling in our industry’s history? In a recent Harvard Business Review article, “In a Downturn, Provoke your Customers,” Moore and his TCG Advisors team propose a new method for selling complex offers called Provocation-Based Selling. The TCG team states that in this tough economy, top sales teams need to provoke their customers with interesting and possibly game-changing options for their challenges. The authors contrast provocation-based selling with solutions selling, suggesting that solutions selling may no longer be effective in these tough times. 

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1:46PM

Taking the time to get it right

The need for speed in the market is little doubted, and organizations are constantly trying to accelerate the pace of innovation, bringing new products and services to market, and, of course, the sales cycle itself.

As in journalism, though, getting it right is just as important as getting it first.
Jeff Kaplan posted a great story on his always interesting THINK IT Services blog yesterday about a large software company preparing a new offering in the software-as-a-service (SaaS) market -- about which Jeff is one of the leading experts. 

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