Published: 20 September 2022
Summary
Value assessment tools are viewed by buyers as one of the most helpful formats in making the case to shortlist a vendor; but are often not a priority in product launch planning. Product leaders need to enable buyers and sellers with tools that size and scope the business impact of their offerings.
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Overview
Key Findings
Technology buyers are often required to create a formal business case to complete a purchase.
Most product value propositions focus on features and functionality, and do not concisely convey how much business value customers will obtain from the offering.
A common reason buyers fail to complete a technology solution purchase is that the business and/or technical risks are deemed too high.
Recommendations
Product leaders contributing content that communicates product value during product introduction should:
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