Productized vs Packaged Services: What is the Difference?

  Рет қаралды 26,678

CovetedConsultant

CovetedConsultant

Күн бұрын

Productized services and packaged services are NOT the same thing.
So let's start where most agencies start, when they think about describing or offering their services. They make a list, and I'm sure you probably made a list too. You think to yourself, "What do I know how to do? What does my team know how to do? Let's make a list of our expertise." So you do that. You make this big long list of all these things you know how to do.
And so there's SEO skills in here, PPC skills, content skills, web design skills, coding skills, et cetera, et cetera, right? All these different skills that you list out. I mean in practicality, you've done a lot. You've studied a lot, you've learned a lot, you've experienced a lot, you've tried a lot, you've failed a lot, you've succeeded a lot. You've been doing it for a long time. So the assumption here is, that if you just kind of list all of that expertise out, then your client will appreciate all of what you know how to do, and you're thinking that they'll kind of pick and choose from your expertise, and therefore you can create a custom solution for them.
That makes a lot of sense, until you start doing it. And then what you find is that, you have to explain all of these things to your prospective client. You have to explain what you did, why you did it, what it's about, how it works, what they need. I mean if it becomes this long, long explanation, and the more you explain your expertise, the more confused the client gets. And that ends up becoming a conversation that neither one of you enjoy.
Maybe you label them bronze, silver, gold, and titanium. Maybe you created a SEO, a PPC, a content package, and a web design package. So you list out the packages. The packages are organized by what you plan to deliver, and this is so much easier to explain, and I agree with that. That packaging your services in this way, is so much easier for a client to immediately see what's available to them, and begin to kind of sort through and understand everything better.
But something's still missing here. Remember, your client is not an expert in this world. So even though you have these very cleanly displayed packages, they don't know that any of this stuff means. So you're having to show them package number one and then describe all of the deliverables, A, B, C, D, E and F, et cetera. Then you gotta go to package number two and explain all the deliverables. A, B, C, D, E, F, G. Go to package three, explain the deliverables. Package four, explain the deliverables.
ere a better approach? Yes there is a better approach.
The better approach is to productize, but making productizing work for you requires a mental shift. There's a shift away from listing your deliverables, A, B, C, D, E, F and G, and instead, turning that long list into a clearly defined road map towards a solution. So a productized service begins to look, not like a list of deliverables, but instead, steps in a process. And your skills, instead of being listed A, B, C, D, E, F and G, they fit inside this linear process.
Let's bring it all home here. I believe that productized services can be a game changer for your business, but if you're going to experience those results, there's some things you gotta really let sink into your brain. Number one, you just can't keep shoving your expertise into these services. The more expertise you shove into the services, the harder they are to explain, the harder they are to understand, and clients can't say yes to a service they don't fully understand.
Number two, you just have to admit where you're best. Not a list of what you can do, what you know about doing, but the things that you know are in your very best bit of excellence. You've gotta be okay with admitting that. You've gotta be okay with systemizing that. You've gotta be unapologetic about offering that up as a solution to people with a real problem. You've gotta be okay specializing in what you do best.
Number three. You need to actually solve a business problem. Your client has a business problem, a strategic goal, and initiative that they're trying to accomplish. You need to be using your best skills to help them get that thing accomplished. When they find you, when your prospective client has found you. They have finally ended their search. Someone finally has an answer to our problem. And you need to make it clear, by preparing and executing a productized service.
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Пікірлер: 62
@goldenviewfarm1884
@goldenviewfarm1884 4 жыл бұрын
You have a unique gift of communicating clearly, simply, and effectively so your message is easy to process and execute.
@ariann8429
@ariann8429 4 жыл бұрын
I have not seen a single other page as clear and concise when it comes to valuable content delivery around consulting as well as comprehensive and transferable for entrepreneurs. Thank you, Alzay!
@heal-thylife77
@heal-thylife77 3 жыл бұрын
Why doesn't he have 1M subscribers. Love your content
@CovetedConsultant
@CovetedConsultant 3 жыл бұрын
I'm honored at the compliment Heal. Thank you for taking the time to watch and comment!
@IArkProject
@IArkProject 9 ай бұрын
You are an excellent teacher, this is very helpful. A real perspective shift. No fancy editing, just real gold advice and unique perspectives that really isn't available anywhere else on KZfaq.
@montybakwena
@montybakwena 5 ай бұрын
Spot on sir. Your content is relatable and shoes how very few of us are actually ready to engage customers on what we are actaully selling.
@CovetedConsultant
@CovetedConsultant 5 ай бұрын
Thank you for your kind words! I'm glad you found the content relatable. It's true that many of us underestimate the importance of truly engaging customers in understanding what we are selling.
@MattMaginley
@MattMaginley 6 жыл бұрын
Again apologies for missing the call. Businesses have various kinds of problems. Identifying the source of the problem is essential. When a potential clients says, " I need more customers." If I hear it as a marketing problem, I may not uncover the whole truth. It may be a marketing problem, and it may not. If I hear it as a business problem then I will be able to go much further. It may be that prices are wrong, or there is pile of money not getting collected in aged receivables, or they need to upsell more products, etc. The more one is able to think as a business person rather than a marketer the more one can understand the nature of the problem and therefore the solution. My goal is to make my business the product rather than have a business selling products. Thanks for another brilliant educational video. I agree that it is essential to productizing is a game changer for consultants.
@PieroSavastano
@PieroSavastano 6 жыл бұрын
I'm starting to understand what you say. Both because I see your videos and because it's some sort of natural transition we all have to go through to survive in business. The more we understand customers, the more we can alleviate their pain points and get real-and-legit money. This means not only understanding them, but also taking responsibility to fix their problems. Not easy, but the only way to grow! Trying to sell skills directly is more of a employee approach, typical of people that are just starting out as business owners. It's hard to find and understand this kind of entepreneurial knowledge for those not coming from a business school. Thank you for another excellent video
@kalilacampbell8449
@kalilacampbell8449 6 жыл бұрын
Piero Savastano well said!
@CovetedConsultant
@CovetedConsultant 6 жыл бұрын
Excellent points @Piero. My favorite part was, "This means not only understanding them, but also taking responsibility to fix their problems."
@riobodiba9619
@riobodiba9619 6 жыл бұрын
What else do you recommend for making this transition? (Books, resources, things to do,etc.)
@kalilacampbell8449
@kalilacampbell8449 6 жыл бұрын
Love,love, loved this video! This was so helpful. Now I'm about to watch all the other ones Thank you!
@ChiaraSimoniSales
@ChiaraSimoniSales 3 жыл бұрын
Fantastic! You're so clear, precise and interesting
@danielforbes9167
@danielforbes9167 5 жыл бұрын
Your videos are great! Common sense in business, not lots of buzzwords and overcomplicated processes that miss the point that a consultant is there to fix a problem
@CovetedConsultant
@CovetedConsultant 5 жыл бұрын
Thanks Daniel. Keep concepts clear is a priority for this channel. I appreciate you for watching!
@dianeturnquest4194
@dianeturnquest4194 2 жыл бұрын
Omg I love these series
@dominiccarubba4169
@dominiccarubba4169 2 жыл бұрын
I think I finally understand the difference... It's Process... I need to map the journey.
@CovetedConsultant
@CovetedConsultant 2 жыл бұрын
Indeed. In fact, the first part of the process is to map the journey.
@dannefrazier
@dannefrazier 2 жыл бұрын
@@CovetedConsultant Do you have a training or help with this in your membership program?
@CovetedConsultant
@CovetedConsultant 2 жыл бұрын
@@dannefrazier Ab-so-lute-ly. This is something we do specifically in the membership program. If you will send me a short note via the contact form, I'll respond with details - covetedconsultant.com/contact/
@aboutmillions
@aboutmillions 5 жыл бұрын
Just found out about your channel. Man you killed this! Great content
@CovetedConsultant
@CovetedConsultant 5 жыл бұрын
Honored to hear it AboutMillions. Just trying to cut through the clutter!
@versastyledio
@versastyledio 6 жыл бұрын
Excellent video. i can apply it to my business, which is an ERP consulting industry. We are problem-solvers, not complex CVs.
@solosnomolos
@solosnomolos Жыл бұрын
you are very charismatic and great with presentation. Producers and Wishful directors should be on your prowl! God bless
@andycortes2085
@andycortes2085 5 жыл бұрын
second time watching this video, one of the best imo
@EJA28
@EJA28 5 жыл бұрын
Brilliant video, packed with value! Thank you Alzay!
@CovetedConsultant
@CovetedConsultant 5 жыл бұрын
I'm honored at the compliment Eira. Thanks for watching!
@enjolique367
@enjolique367 5 жыл бұрын
This is what I've been going through 😮‍💨. Looking forward to our discussion
@geoffreygaisie
@geoffreygaisie 2 жыл бұрын
Brilliant video, so well explained. Thank you.
@CovetedConsultant
@CovetedConsultant 2 жыл бұрын
I'm glad you enjoyed it Geoffrey. Thank you for watching.
@ZeeshanArshad
@ZeeshanArshad 5 жыл бұрын
Thank you so much. I learnt a lot before by some other successful experts but the way you illustrated this concept is so much fantastic and easier to understand.
@jonathanclifton892
@jonathanclifton892 4 жыл бұрын
I'm only 01:30 in and I'm already nodding in consent. Thank you for another awesome email!
@CovetedConsultant
@CovetedConsultant 4 жыл бұрын
Yes sir!
@DiamondThief444
@DiamondThief444 5 жыл бұрын
thank you so much, this is really helping me come up with a productized instagram ad agency and convey my message to the clients better
@ilamalihilustan22
@ilamalihilustan22 2 жыл бұрын
How did it went? Did you failed or was it a success? What KEY lessons did you learned along your journey of ad agency?
@antoinettewatson1632
@antoinettewatson1632 3 жыл бұрын
I love listening to you. Thank you for the presentation. You are a great communicator.
@CovetedConsultant
@CovetedConsultant 3 жыл бұрын
Thank you Antoinette. I try hard to keep the concepts easy to digest.
@Jason-zv6vu
@Jason-zv6vu 6 жыл бұрын
another relevant / powerful topic- it's complex but as usual smartly broken down by Alzay-
@mohammedtareqbashir4173
@mohammedtareqbashir4173 3 жыл бұрын
Great briefing. Thank you.
@charkeithiabattle4221
@charkeithiabattle4221 3 жыл бұрын
Thanks for the information
@joeramer1969
@joeramer1969 3 жыл бұрын
THANK YOU! Your knowledge has enlightened my thought process to my new Educational Consulting journey! Simply on POINT!
@CovetedConsultant
@CovetedConsultant 3 жыл бұрын
Thanks Joe. Keep going!
@aaronmagalong2940
@aaronmagalong2940 5 жыл бұрын
dang. learned a ton.
@maxsun107
@maxsun107 5 жыл бұрын
amazing! thank you!
@murtadaabuzaid6321
@murtadaabuzaid6321 5 жыл бұрын
Thanks - Brilliant!!!
@impariamolislam72
@impariamolislam72 7 ай бұрын
Great content. Exactly what I was looking for!❤
@CovetedConsultant
@CovetedConsultant 7 ай бұрын
Wonderful to hear!
@publicizepassions
@publicizepassions 2 жыл бұрын
that was beautiful.... truly gifted
@CovetedConsultant
@CovetedConsultant 2 жыл бұрын
Thank you. I worked hard on this one.
@nyomansunima
@nyomansunima 4 ай бұрын
Nice explain
@BYusufTeachLeadCoach
@BYusufTeachLeadCoach Жыл бұрын
Great video. Thank you for sharing. For step 2, what's the best way to communicate (and admit) what you do best?
@Cynchronia
@Cynchronia Жыл бұрын
I died at bronze silver gold and titanium 😅. I was convinced until today that packages and products were one and same thing.
@Cynchronia
@Cynchronia Жыл бұрын
And yes, four years later your content is still titanium (pun intended).
@CovetedConsultant
@CovetedConsultant Жыл бұрын
Yea, it's a bit of mind trick isn't? You can "package" a service and it not mean a thing! 😮
@danbot7
@danbot7 2 ай бұрын
Awesome
@michellecartwright2404
@michellecartwright2404 5 жыл бұрын
Alzay, I recently discovered CC and have watched a number of videos. Have you trained or otherwise had contact with any technical (engineering/maintenance) consultants? It seems like your content is geared towards marketing consulting. I've been thinking about your concepts pertaining to "specialization" and "productized services" and how I can apply them to my situation. Scott
@Calmbi-nh6uk
@Calmbi-nh6uk 5 ай бұрын
The problem is sometimes clients do not know they have a problem or what problems to prioritize.
@CovetedConsultant
@CovetedConsultant 5 ай бұрын
If your client doesn't know they have a problem...there isn't much you can do to help. Your business is MUCH easier to run when you are targeting clientele who already know they have a problem to be solved.
@EdouardRatiarson
@EdouardRatiarson 4 жыл бұрын
I find coming up with the problems that can be solved by my solutions, the hardest part. Any advice on how to do that?
@CovetedConsultant
@CovetedConsultant 4 жыл бұрын
I know "find a problem to solve" sounds easy. It's not. A lot of the hard work I do with clients starts here. In the shortest term, I would recommend you talk to as many humans as you can. Have real conversations. Don't sell/pitch your services. Ask honestly how you can help. What you build begins with this insight.
@wynton921
@wynton921 4 жыл бұрын
Yawwwwwwwwwwww!!!!!!!! :D
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