Demonstrating value is an integral part of any client meeting. It’s being useful to your client. It means that they are deriving benefit from their interaction with you.
From the salesperson’s point of view, the ideal demonstration of value is explaining how your product or service can solve a problem for your client. A problem which, if solved, will help them achieve a larger goal or objective.
There are other ways to provide value. One way is asking questions. “Asking questions?” You ask. Yes, asking questions. Not any question. Only some questions provide value. A simple way to separate those that don’t offer value and those that do is to divide them into questions for you and questions for them. Questions for you are questions that they have already asked themselves, especially questions they have already asked themselves to which they know the answer. When you ask questions that fall into this category you’re not helping your client, you’re informing yourself. This may be necessary so you can provide value later on, but you are using up your credits when you ask questions for you. (Neil Rackham’s book SPIN Selling includes situation questions, the S in his acronym, in this category.)
Questions for them (which, by the way, are also questions for you) are questions that your client has not yet asked, and doesn’t yet know the answer. They catalyze, invite new thinking, or reframe a situation. They often begin with one of these catalytic question stems: How might you…? What might be all the ways…? In what ways might you…? or How to? (An english professor, in England, once told me, with frustration, that “How to” results in a phrase not a sentence, so it’s technically not a question. But it can still be an inquiry, which is the point.)
A catalytic question poses a question from a new perspective, one that has not yet been considered. It doesn’t just transmit information from them to you. It opens up a new space to explore. It creates opportunity, and opportunity has value. A colleague was once consulting with a team from Accenture. (She was a consultant to the consultants. I find it refreshing that they take some of their own medicine some of the time.) She followed up on her first meeting by sending them a list, not of next steps, not action items or solutions, not suggestions, not even ideas. She sent a list of twenty-five “How might we…?” questions that she had derived from their conversation.
“We should be doing this for all our clients.”
Simply by asking questions she demonstrated value.
Good questions might be a mash up between coaching and selling. A personal or business coach, in the purest form, only asks questions. Yet a good coach can provide plenty of value to a client. Ask good questions, be a coach to your clients, and you’ll benefit from the value you provide.