We all aspire to have top-performing sellers on our teams. They consistently outshine their peers, boasting higher win rates, an impressive track record of meeting sales goals, and the ability to command premium prices. But what sets these top sellers apart from the rest?
RAIN Group conducted a global study involving over 1,000 sellers and sales managers to answer this question. The research delved into 100 skills and behaviors across 13 categories, aiming to uncover the secrets of top performers. The answer? Value Selling.
Value Selling: The Key to Success
According to the findings, top-performing sellers excel at creating and communicating value for their buyers. Here are some key attributes that distinguish them:
- 63% – Building Strong ROI and Buying Cases: Top performers are skilled at making compelling arguments for their buyers, emphasizing the return on investment and the value of their offerings.
- 60% – Persuasive Value Presentation: They have the ability to present the value of their products or services persuasively, making a compelling case for why buyers should choose them.
These top sales representatives possess a unique skill set that enhances the perception and reality of the value of buying from them. They excel in understanding and diagnosing their buyers’ most pressing pain points, aligning their solutions to provide effective solutions, and convincing buyers of the superior business outcomes they can achieve by partnering with them.
Value-Centric Selling: The Key to Converting Opportunities into Wins
Value-centric selling is the linchpin of top performers’ success in converting opportunities into wins. However, it’s worth noting that many sellers still fall short in delivering the value buyers seek.
Shockingly, in another study by RAIN Group, buyers report that 58% of their sales meetings lack value.
This underscores the value gap that we continue to see, and the significance of being the first seller to demonstrate genuine value, as it often positions them as different, and the frontrunner in securing a sale.
The Bottom-Line
In the world of sales, top performers are a breed apart. Their mastery of Value Selling is a primary factor that sets them apart from the crowd. They excel in creating value for their buyers, making persuasive arguments, and ultimately, securing more wins.
To succeed in the competitive landscape of sales, aspiring sellers and sales leaders must recognize the paramount importance of value-centric selling. By doing so, they can join the ranks of top performers who consistently outshine the competition.
Checkout our recommended next steps for elevating your commercial team performance skills here.
Source: Top-Performing Seller Benchmark Report by RAIN Group
