Summary of Value

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Value book summary
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Rating

7 Overall

8 Applicability

7 Innovation

6 Style

Recommendation

Australian business development consultant Robyn Haydon explains why customers should focus on the “value” of the services their suppliers provide, not just on the price. Customers should look for purchases that convey important “value attributes,” such as being “safer, cheaper, simpler, faster, smarter” or “better.” She also warns sellers to push against letting customers treat their offerings as interchangeable commodities. Sellers should tout the benefits they offer to their clients – services that create value – not their methods or practices. Haydon tends to interpose analysis with anecdotes, and the book’s disjoined structure makes it a challenging read. Still, getAbstract believes that executives in firms that buy or sell services will find that this conversation addresses issues that confront them daily.

In this summary, you will learn

  • What pressures service businesses face from commoditization;
  • How to use “visceral, logical” or “aspirational” drivers to show customers the value you offer; and
  • How to inspire sales by competing on value, such as safety, quality, speed or simplicity.
 

About the Author

As a leading business development consultant in Australia, Robyn Haydon helps companies with acquisitions, bids, proposals, tender responses and customer loyalty strategies.

 

Summary

Defining Yourself
If you sell services, you want to know how your customers see themselves and their aspirations, so you can fulfill their wishes. You can find guidance from psychology and social science whose experts explore human “identity.” Current findings indicate that the customers...

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