Good vs Great Demos
You probably think you give good demos, but what does it take to make GREAT demos? You know your product or service inside and out, you know your audience…but are you really selling at your best? Too often people settle for the presentation that gets them there, but what if we decided to go beyond?
Here are some things that happen when you push past â€œgood enoughâ€ to GREATNESS:
- More Impact
Good: I put together a presentation that tells my customer what my product or service is, what we do, and made sure to throw in some data for authority.
Great: I made sure to identify my customerâ€™s objectives and needs and demonstrated how my product or service can serve or solve them (with lots of â€œso you canâ€ sentences).
When you move from selling your product to demonstrating user benefits your presentations will not only be shorter, but theyâ€™ll also be more impactful. Plus, your audience will remember what you want them to remember.
2. Less Time Wasted
Good: Company issued presentation decks are created for selling within different industries. They are large due to the broad nature of your potential audience but they are packed full of information.
Great: Presentation decks are created off of benefits with specific uses and results of your product or service.
Using a benefits strategy will lead to fewer wasted decks and better overall content. You donâ€™t necessarily have to create a customized demo for each customer, and â€œindustry demosâ€ can feel too generic (and get one word wrong, like using â€œcustomerâ€ when you mean â€œconsumer,â€ and youâ€™re done for). Spend less time wading through information you donâ€™t need and focus on the benefits.
3. Close Faster
Good: I presented our pre-made sales deck, made it through my presentation (all 40 slides), answered my customers questions, and closed the deal.
Great: I created a deck focusing on what is most important to the customer, demonstrated outcomes, and closed in half the time because each slide was critical information instead of fluffy filler.
Relevant information results in better outcomes. Even better, when you can answer your customers questions before they even think of them, youâ€™ll become a lean, mean, deal-closing machine!
4. Prioritize so you can Sell More
Good: The customer liked our demonstration, but because theyâ€™re unsure of what their outcomes will be, they said theyâ€™d sign a deal for a 6 month trial period to see what results they get.
Great: Because you outlined what your benefits are and what results you can deliver your customer signs an annual (or multi-year!) contract, secure in their decision to partner with your company.
When people can see the payoff they want, theyâ€™re willing to buy more and invest more time with your company. Remember – just because you think a feature is cool, that doesnâ€™t mean the customer will actually care.
5. Less Competition
Good: I know my competitors strengths, and although we have similar features, our product/service is cheaper so we have the advantage.
Great: I know my competitors strengths, their audience, and the benefits they offer. Iâ€™ll position myself by communicating meaningful competitive advantages.
Competition is tight in just about every market and finding ways to stand out can be difficult for even the best of us. The other guys canâ€™t compete when weâ€™re delivering the benefit better. Going from good to great means less competition when you position yourself as the â€œsolutionâ€. Thereâ€™s no faster race to the bottom than competing on price.