Episode 145
Billionaires In Boxers ProfitPath - Build Trust, Not Extras: How to Avoid the Offer Stacking Trap
In this episode, Phil Pelucha dives deep into the pitfalls of undervaluing services as a consultant, particularly the common trap of "offer stacking." Many consultants, eager to close deals or justify their rates, may add extra services, overloading clients with unnecessary features. Instead, Phil advocates a new approach he calls "offer removing," where consultants intentionally eliminate superfluous elements to focus only on what’s essential. This method not only increases client trust but also emphasizes the consultant's confidence and expertise.
Key Takeaways:
- Beware of Offer Stacking: Adding extra services to “sweeten” the deal can backfire. Clients may perceive a lack of confidence or feel overwhelmed by the additional demands on their time.
- Focus on the Client’s Destination: Clients hire consultants to achieve a specific goal with minimal time and effort on their part. Avoid piling on services that may detract from this objective.
- Practice Offer Removing: Instead of adding, try removing unnecessary services. This communicates respect for the client’s time and demonstrates a clear understanding of what truly matters.
- Build Trust Through Simplicity: Clients trust consultants who streamline their offerings and focus on value over volume. Removing irrelevant extras emphasizes confidence and clarity in your services.
- Differentiate Yourself: Avoid the “race to the bottom” by establishing yourself as a results-focused expert. This approach makes your services more valuable and positions you as a trusted partner rather than a transactional vendor.
Tune in for practical insights to transform your consulting approach, ensuring you deliver high-value, focused solutions that meet clients' goals effectively.
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