bill garcia scan source communications 2011 north america partner conference

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Page 1: Bill garcia   scan source communications 2011 north america partner conference
Page 2: Bill garcia   scan source communications 2011 north america partner conference

Intellectual Property

All materials from this deck are confidential and for intended use only* and cannot be distributed outside this use without prior written consent of ScanSource.

* Copyright © 2011.  All Rights Reserved. Unless expressly authorized in writing by the copyright owner, any copying, reproduction, exhibition, export, distribution or other use of this product or any part of it is strictly prohibited. External sources and external trademarks are the property of the referenced sources.

ScanSource, Inc. Confidential

Page 3: Bill garcia   scan source communications 2011 north america partner conference

Bill GarciaCo-Founder

TableForce, Inc.

Page 4: Bill garcia   scan source communications 2011 north america partner conference

Negotiate for SuccessThree Secrets that Protect Value

Copyright 2011TableForce, Ltd.

Page 5: Bill garcia   scan source communications 2011 north america partner conference

Before anything, please …

Turn off the voice inside your head

Copyright 2011TableForce, Ltd.

Page 6: Bill garcia   scan source communications 2011 north america partner conference

The Secrets – 3 Bs

• The Basics

• The Bargaining (The Loop®)

• The Buying Game

Copyright 2011TableForce, Ltd.

Page 7: Bill garcia   scan source communications 2011 north america partner conference

The Basics

• Try

Copyright 2011TableForce, Ltd.

Page 8: Bill garcia   scan source communications 2011 north america partner conference

The Basics

• Try

• Plan

Copyright 2011TableForce, Ltd.

Page 9: Bill garcia   scan source communications 2011 north america partner conference

The Basics

• Try

• Plan

• Raise the Bar!

Copyright 2011TableForce, Ltd.

Page 10: Bill garcia   scan source communications 2011 north america partner conference

The BasicsCopyright 2011TableForce, Ltd.

Raise the Bar! – What if …?• Your business lists a boat as a capital asset• The bank is telling you

“Sell it now, tomorrow we will take the boat and give you only $175,000 - nothing more.”

• You paid $260,000• You have listed the boat at $230,000• You have had only one offer and it collapsed at $215,000

What is the least you would accept?

Page 11: Bill garcia   scan source communications 2011 north america partner conference

The BasicsCopyright 2011TableForce, Ltd.

…and the Buyer’s sheet reads as follows• You have just moved back to the lake • You are the Executive Vice President of a $1B firm• You have promised your spouse “by next month”• This boat is the only one in good repair• This boat is listed at $230,000• You have $240,000• $255,000 is the most you will spend

Page 12: Bill garcia   scan source communications 2011 north america partner conference

The Basics

Raise the Bar!

Expectation Impacts Outcome

Copyright 2011TableForce, Ltd.

Page 13: Bill garcia   scan source communications 2011 north america partner conference

The Bargaining (The Loop)Copyright 2011TableForce, Ltd.

• Never Give Without Getting

Page 14: Bill garcia   scan source communications 2011 north america partner conference

The Bargaining (The Loop)Copyright 2011TableForce, Ltd.

• Never Give Without Getting

• When Saying “Yes”, Follow With “If”

Page 15: Bill garcia   scan source communications 2011 north america partner conference

The Bargaining (The Loop)Copyright 2011TableForce, Ltd.

• Never Give Without Getting

• When Saying “Yes”, Follow With “If”

• When Saying “No”, Create The Loop

Page 16: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELD

Low Value• Willing to give• Willing to let go• Not important• The boss says

“OK”

High Value• Can NOT give• Must have• Can NOT let go• Boss says “Never”

Page 17: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELDNo, I can’t do this 1

Page 18: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELDNo, I can’t do this

But I can do this1

2

Page 19: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELDNo, I can’t do this

But I can do thisif you do this

1

2

3

Page 20: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELD

Yes, I will do this 1

Page 21: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELD

Yes, I will do thisif you do this

1

2

Page 22: Bill garcia   scan source communications 2011 north america partner conference

Copyright 2011TableForce, Ltd.

YIELD SHIELDNo, I can’t do this

But I can do thisif you do this

Yes, I will do thisif you do this

1

2

3

1

2

Page 23: Bill garcia   scan source communications 2011 north america partner conference

The Bargaining (The Loop)

Never Give Without Getting

Copyright 2011TableForce, Ltd.

Page 24: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

CUSTOMERS SAY: I was on my way to your

competitor when I thought I would talk to you.

They are cheaper, better and faster.

Page 25: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

CUSTOMERS SAY: I was on my way to your competitor when I thought I would talk to you. They are cheaper, better and faster.

DO YOU SAY?: Don’t talk to the competitor, I can “do better”.

Page 26: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

CUSTOMERS SAY: I was on my way to your competitor when I thought I would talk to you. They are cheaper, better and faster.

DO YOU SAY?: Don’t talk to the competitor, I can “do better.”

WOULDN’T IT BE NICE TO SAY: Then why are you talking to me?

Page 27: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.

Page 28: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.• That would be rude.

Page 29: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.• That would be rude.• Is this guy crazy!

Page 30: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.• That would be rude.• Is this guy crazy!• OMG

Page 31: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.• That would be rude.• Is this guy crazy!• OMG• I’d lose the customer forever.

Page 32: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

WHAT THE “VOICE” JUST SAID:

• But I could never talk to my customers like that.• That would be rude.• Is this guy crazy!• OMG• I’d lose the customer forever.• What is he thinking?

Page 33: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

BUT WHAT IF …

YOU KNEW YOU WEREALREADY SELECTED?

Page 34: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

You wouldCLOSE MORE DEALSandMAINTAIN HIGHER MARGINS

Page 35: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

RESEARCH CONFIRMS:

Sellers tell themselves:

If I negotiate well, I can get selected.

Page 36: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

RESEARCH ALSO CONFIRMS THAT:

In “complex sourcing decisions*” the buyer has selected the winning vendor:

• BEFORE any final negotiation.• Price is NOT the deciding factor.

Page 37: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• delivery

Page 38: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit • delivery

• training

Page 39: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit • delivery

• training• warranty

Page 40: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• delivery• training• warranty• set up

Page 41: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• delivery• training• warranty• set up• install

Page 42: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• delivery• training• warranty• set up• install• pay terms• • • •

Page 43: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• •

• STUFF• • • • • •

• delivery• training• warranty• set up• install• pay terms• • • •

Page 44: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

Selected Contender Rabbit• •

• STUFF• • • • • •

• •

• STUFF• • • • • •

• delivery• training• warranty• set up• install• pay terms• • • •

Page 45: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

“complex sourcing decisions*”

What does that mean?

Page 46: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

How can I increase complexity to thedecision making process?

Page 47: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

How can I increase complexity to thedecision making process?

Differentiate - you will add value to yourself!

Page 48: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

• Provide more choices for the customer with “end-to-end” offerings and value added services.

Page 49: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

• Provide more choices for the customer with “end-to-end” offerings and value added services.• This leads to more customer and end

user decision makers being involved.

Page 50: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

• Provide more choices for the customer with “end-to-end” offerings and value added services.• This leads to more customer and end user

decision makers being involved.• This leads to more time invested in the

sourcing decision making process.

Page 51: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

In general, differentiators include:

Value-added services such as education andtraining, state-of-the-art logistics, financialservices, technical support, customconfiguration, professional assistance, marketingsupport, and e-commerce solutions.

Page 52: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

- LASTLY -RESEARCH ALSO CONFIRMS THAT

Once you differentiate yourself to add value,

Page 53: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

- LASTLY -RESEARCH ALSO CONFIRMS THAT

Once you differentiate yourself to add value, causing the sourcing decision to become more complex

Page 54: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

- LASTLY -RESEARCH ALSO CONFIRMS THAT

Once you differentiate yourself to add value, causing the sourcing decision to become more complex, the clues to whether or not you’ve been selected become more evident.

Page 55: Bill garcia   scan source communications 2011 north america partner conference

The Buying GameCopyright 2011TableForce, Ltd.

We all must differentiate to add value to ourselves.

We will all close more deals at higher margins.

Page 56: Bill garcia   scan source communications 2011 north america partner conference

Negotiate for SuccessCopyright 2011TableForce, Ltd.

Take Risks!

Page 57: Bill garcia   scan source communications 2011 north america partner conference

Negotiate for SuccessThree Secrets that Protect Value

Copyright 2011TableForce, Ltd.

Thank you!Questions?

Presented by: Bill Garciawww.TableForce.com

Page 58: Bill garcia   scan source communications 2011 north america partner conference
Page 59: Bill garcia   scan source communications 2011 north america partner conference

Where Do You Go From Here?Wednesday, October 5*name badges required for Distribution Center tour and Graceland

• Lunch and Solutions Expo 12:00 pm – 2:30 pm

Load Shuttles for Tour** 3:45 pm **

• Distribution Center Tour 4:15 pm – 5:45 pm

Load Shuttles to Graceland ** 5:45 pm **

• Graceland Reception 6:00 pm – 9:00 pm

Page 60: Bill garcia   scan source communications 2011 north america partner conference