Nothing Happens Until A Sale Is Made
Thomas Watson, Sr. President of IBM from 1914 to 1956, coined this expression. He knew what he was talking about. Selling technology in the first half of the twenty century, before the moon landing in 1969, was not an easy sale to make. Companies then, like many still today, did not understand the transformational power of technology to reshape industry and company fortune with more revenue and lower cost of operating.
What is a “sale” and how is it made? A sale is made when a buyer and seller agree to exchange values. The customer’s value is revenue but what is “your value” to the customer? It’s not your price.
New sales are the life blood of every business but not every business knows that yet. Without predictable new sales year over year; no matter how well intended a company’s mission or goals, will suffer with growth. New sales breaths all other company possibilities.
How to attract new customers year over year is the seminal question every business must solve first if it wants to maximize its value proposition and reach its potential.
Technology companies must monetize their value proposition to make more business. A company’s value proposition is the monetized value of its service or product to the customer-“your value.” If you don’t know the monetized value of your value proposition to your prospect, neither does he.
Sales are the problem, sales are the answer, and sales are the point. Monetize your value proposition to make more sales and grow your business at scale.
Own your data to own your future.
T. Sean Teague
resourcedomain.com