It is much harder to produce a short, crisp demo than to
execute a traditional long one. Why? Because It requires more thought and more effort
to cut something down than to leave everything in.
It doesn’t really require much thought to simply replay a
traditional demo over and over (and over and over), but it takes a great deal
of thought and effort to take a 90 minute traditional demo and encrispen it to
20 minutes. What do I keep in? What do I cut out? What do I have ready to go, but keep behind
my back until the customer asks?
The Great Demo! methodology provides the recipe for encrispening
demos – to make them crisp, concise and wonderfully focused on exactly what the
customer wants and needs. The rewards
for the investment in effort are tremendous:
Tangible returns reported by Great
Demo! practitioners include:
- Gains of 10% or more in improved close
rates overall
- Demo win rate increases of 25-75% have
been reported
- Reduced “No Decisions” by half
- Reduced sales cycle length by 50%
- Reduced of cost-of-sales by 25%
- Reduced “wasted demos” by 50%
- Free POC’s and evaluations transformed
into paid events
- Eliminated or reduced the need for
POC’s and evaluations
- Increased deal size and breadth by 2x
– both licenses and services
Intangible Benefits are reported as
well:
- Great Demo! practitioners’ customers report a more
solution-oriented, consultative, customer-centric approach from the field
organization.
- Captured and leveraged high value
“Informal Success Story” information (reference stories).
- Established positive differentiation
from competitors.
- Dramatically improved Discovery – “You
really listened to us…” comments from customers.
- And substantial improvements are often
reported in communications between sales and presales, and in team practices.
Encrispening challenges aren’t limited to demos, of course, as
this telegram exchange between Mark Twain and his publisher:
Publisher said:
NEED 2-PAGE SHORT STORY TWO DAYS.
Twain replied:
NO CAN DO 2 PAGES TWO DAYS.
CAN DO 30 PAGES 2 DAYS. NEED 30
DAYS TO DO 2 PAGES.
Wishing everyone Great Demos in 2016…!
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