Watch CBS News

17 Rules For Powerful Sales Proposals

Most big money B2B deals involve writing a sales proposal. Creating sales proposals is hard work and takes time, so you want to be certain that you have a good chance of winning the de...al, before you make the effort. Here is a quick list of rules to make certain that your sales proposal results in an honest-to-goodness sale:

  • RULE #1. Write the proposal as a sales document. Don't fall into the trap of making it an information sheet. Instead, define the problem/opportunity and present a workable solution/plan.
  • RULE #2. Make sure the customer knows you. Your proposal will go straight to the circular file cabinet unless you've established yourself with the decision-maker as a credible provider.
  • RULE #3. Focus the executive summary on reasons to buy. Don't just summarize the proposal contents. Instead. summarize the basic issues and the reasons the customer should buy.
  • RULE #4. Keep the executive summary short. Here's the rule of thumb: a single page executive summary for any proposal less than 50 page, with half-a-page added for every additional 25 pages.
  • RULE #5. Hit everyone's hot buttons. The proposal must address the concerns of different decision-makers. For instance, engineers want technology; accountants want ROI.
  • RULE #6. Focus on the customer, not your product. Nobody is interested in the history of your firm or your product. Make the proposal about how you'll solve the customer's problems.
  • RULE #7. Thoroughly edit the boilerplate. If you cut and paste from an earlier proposal, there may be references to a previous customer â€" probably a competitor of this customer. Ouchies.
  • RULE #8. Follow the customer's outline. If the customer gave you a template (even one that's weird or awkward) use it. If you don't, they'll assume you can't follow simple instructions.
  • RULE #9. Don't discuss costs in the executive summary. Emphasize increased productivity or reduced operating costs rather than how much money you want them to spend.
  • RULE #10. Edit out the meaningless jargon. Biz-blab words that have no meaning detract from whatever value your proposal offers. Edit them out. Mercilessly.
  • RULE #11: Give some great examples. If your offerings have helped similarly customers, provide brief engagement statements, case studies and/or a representative list of customers and references.
  • RULE #12: Address the evaluation criteria. Some RFPs will be judged based upon point values to responses to particular requirements. Be sure that you address ALL of those points thoroughly.
  • RULE #13: Include a needs analysis. Always demonstrate your understanding of the prospect's industry, business requirements and objectives, based upon your prior discussions with the prospect.
  • RULE #14: Be specific and measurable. Explain how you will provide your offering, including details about deliverables, timetables, implementation plan, who will be responsible.
  • RULE #15: Describe your value-add. Show clearly the value you add that makes your proposed solution most feasible, like pre-sale, after sale, extended warranty, short lead time, and so forth.
  • RULE #16: Avoid vague generalizations. Don't make statements that are so vague that they're insulting. Example: "technical directors everywhere have realized that..."
  • RULE #17: Use short sentences and words. Long sentences and complex constructions that are hard to read and creates the impression that your recommendations are hard to understand.
The above is based on a conversation with with Tom Sant (founder of Hyde Park Partners and the world's top expert on proposal writing) along with additional suggestions from Sales Machine readers.
READERS: Any other rules that ought to be added?
RELATED POSTS:
View CBS News In
CBS News App Open
Chrome Safari Continue