Summary of Value-Added Selling, Fourth Edition

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Value-Added Selling, Fourth Edition book summary
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Rating

8 Overall

9 Applicability

7 Innovation

8 Style


Recommendation

In most marketplaces, salespeople operate in a cutthroat environment where price reigns supreme. Every salesperson competes against the Internet – where buyers quickly access countless products and services, view hundreds of customer reviews and make purchases with a few fast clicks. The Internet seems to makes salespeople almost obsolete. These factors have made purchasing almost completely transactional. Considering such difficult conditions, how can salespeople operate successfully? Prolific author Tom Reilly and sales trainer Paul Reilly offer a clear solution and the program to implement it. They urge all salespeople – regardless of their fields or offerings – to sell the value of their product or service, not its price. Now in its fourth edition, the Reillys' sales classic has proven its utility and popularity. The authors set salespeople on the right path and give them the tools to thrive. Their go-to guide is designed for all salespeople and sales managers.   

In this summary, you will learn

  • How to deploy the tactics and principles of “Value-Added Selling,”
  • How the strategies of offensive and defensive selling and the stages of the “Critical Buying Path” will help you increase sales, and 
  • What are the components of the “small-wins” sales approach.
 

About the Authors

Tom Reilly, the author of 16 books, is a columnist for multiple business publications and a professional speaker. Paul Reilly is president of Tom Reilly Training, which trains sales organizations.

 

Summary

Value-Added Selling

For many buyers, value translates as “cheap.” Successful salespeople must get buyers to shift their thinking. Buyers need to understand that they gain value across the long term when they buy quality products or services. Value does not reside in purchase price. Instead, value is a relatively simple. It’s what the seller “gives up” and what the buyer “gets in return.” Salespeople may be glad to know that research indicates that “only one-in-six shoppers is a true price shopper — someone who considers only price.” This means that 83% of shoppers are willing to consider a value-added pitch.


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