How to Productize a Service Business
Manage episode 419557300 series 3555944
What part of your service can you productize? And why would you want to do that? Service productization is a business strategy that lets you develop high-value productized offers for your ideal clients that can systematically grow your business over time.
When offering consulting or digital marketing services, it is easy to get lost in client requirements. But if you are clear about your offer, you can attract the right clients with high-value pitches without chasing every customer.
Productization of services does not mean selling products. It means selling clearly defined services where your clients immediately know what they get from your offer without needing to ask multiple questions. However, how exactly do you productize a service business?
In this episode, Sharran provides three strategic steps to help you distinguish yourself from your competition. If you can implement this strategy, you will win big time.
“Showcase the complexity but deliver the simplicity. If your client doesn't understand the complexity of everything you do, they don't really appreciate the simplicity you're delivering for them.”
- Sharran Srivatsaa
In This Episode:
-Why is it a good idea to have friends in product management?
-Order qualifiers vs. Order winners
-How do you build a product in a service world?
-Mapping the client journey
-The importance of show, flow, and demo
-What is the elegantly different thing you can do?
-Recap of the three steps to productize a service
Resources:
-Top Agent Power Pack - http://topagentpowerpack.com
Connect with Pritesh Damani:
-Instagram: https://www.instagram.com/forgetpritesh/
-LinkedIn: https://www.linkedin.com/in/priteshdamani/
Connect with Sharran Srivatsaa:
-Instagram: https://www.instagram.com/sharransrivatsaa/
-LinkedIn: https://www.linkedin.com/in/sharran/
Connect with Real Brokerage:
-YouTube: https://www.youtube.com/@TheRealBrokerage
-Website: https://www.onereal.com/pages/join-real
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