Tuesday, December 20, 2022

‘Twas the Night Before the Big Demo


 ‘Twas the Night Before the Big Demo

(with apologies to Clement Clarke Moore)


‘Twas the night ‘fore the demo and all through the house

Not a creature was stirring, ‘cept my SE and their mouse;

I’d proposed a big licensing deal with great care

In hopes a big order soon would be there;


Management was restless and not in their beds

As visions of bonuses danced in their heads;

And my VP with their forecast and me with my own,

Had just started a long EOQ roam,


When out from my mobile there came a great ring-tone,

I sprang from my chair to answer my phone,

What could it be?  Was it good news or no?

A last-minute order?  A contract?  PO?


Greetings, said my PA, who spoke on the line,

It was someone to see me, offering help at this time!

Who could it be at this late eleventh-hour,

To make the deal sweet and avoid something sour?


Away to the door I flew in a flash,

And swept it wide open in my quest for fast cash,

When who to my wondering eyes should appear,

The DemoGuru! And standing so near!


He came in my office and while dusting off snow,

Said, “I have some news that you’ll want to know.”

He drew up a chair and asked for some tea,

And said to my VP, SE and to me:


“Your deal is in trouble and I’ll tell you now,

Your demo’s confusing, complex and lacks ‘Wow!’

It’s riddled with features and functions and more,

And too many cool things, mouse clicks galore,


Don’t flog them with features and other neat stuff,

Stick with the substance, stay ‘way from the fluff,

The more that you show is not always nice,

Prospects will say, ‘Please lower the price!’


The Buzzword-Compliant Vocabulary list,

Are words, I’m afraid, that are better off missed,

Not Flexible, nor Powerful, nor Easy-to-Use,

Not Robust, nor Seamlessly Integrated abuse,


And no corporate overview, please don’t do that,

After ten minutes they’re grabbing their hats,

Use real data, stay focused, on target, be brief,

Build vision, while you suspend disbelief!


Your prospect is queued and ready to go,

They love the vision you’ve built with them so.

They want Technical Proof in the demo you’ve planned,

Just the key capabilities, everything else banned.”


“But how can we do this?” I heard myself cry,

“We’re victims of momentum, we’re nervous to try,

Another approach, a new way to go,

We have to admit we’re just a bit slow!”


“Do the Last Thing First!” he said with a smile,

“Then Peel Back the Layers, and Do It with style,

Peel it back in accord with their interest,

Stay focused and execute, and you’ll find it best,


Your prospect’s Situation is a great way to intro,

Their Problems and Reasons, from CBI flow,

Review these and check – is this still the case?

Are we aligned or are we off base?


Start with the end, that big pay-off piece,

Illustrate and describe, those are the keys!

Capture their interest, compel their attention,

Make sure it aligns with their mode of consumption,


When it clicks and they’re hooked, they’ll then ask for more,

There’s absolutely no way that they’ll head for the door.

They’ll say, “Please show us, prove that it’s so,

Show us the rest, please do demo.”


Then Do It, just Do It, with no extra clicks,

To return to that Illustrative image that sticks,

Make it simple and fast, make it easy and clear,

Then they will realize they’ve nothing to fear,


Encourage their questions, most are not new,

Good ones and Great ones (and Stupid ones too),

Treat Hostiles with courtesy, use your Parking Lot so

Those mean, crusty folks can’t damage your flow,


Peel back the layers, you know, like an onion,

Show only what’s needed, put nothing else in,

Let them drive the demo, let them think they’re in charge,

While their Vision Solution you work to enlarge!


Summarize, summarize, tell them again,

‘Cause adults do learn by repetition,

And when you show a key take-away screen,

Leave it up, let it linger, so they’ll know what they’ve seen!


“I get it – I’ll do it!” exclaimed my SE, 

“This is all so obvious, it’s way clear to me!”

And they sprang into action, their mouse flew like lightening,

(Frankly, their speed was a little bit frightening!)


And with that the DemoGuru smiled and he said,

“Your way is now clear, put that baby to bed,

Your deal’s now on track, your order secure,

You’ll make your numbers at the end of the year,


Then he strode from my office in the flash of a pun,

Turned ‘round and he said, “My job here is done,”

Ere he drove out of sight, I did hear him say,

“Great Demo! to all and to all a Great Day!”


Happy Holidays and Winter/Summer Solstice!

The DiscoAndDemoGuru


Copyright © 2005-2022 The Second Derivative – All Rights Reserved.

Wednesday, December 14, 2022

2022 SE Trends Series Interview


Natasja Bax, Great Demo! EMEA Partner, joined Navattic for Episode 6 of the 2022 SE Trends Series. They discussed:

  • Put yourself in the customer’s shoes
  • Two types of demos
  • Early portion of the buying cycle is becoming more important
  • Presales as a valued profession
  • More qualification, more discovery
  • Focus on the things that are most important to your customer
  • Continuous learning!

You can find this 10-minute interview here. Enjoy!

Wednesday, November 23, 2022

Doing Discovery – Now Over 1000 Copies

 

Well over 1000 copies of Doing Discovery have been purchased in the past couple of months, including over 100 Audiobooks, and we’re hearing positive feedback from those who have begun to put the ideas into practice. Reports include:

  • Much more effective first demos
  • Elimination of overview demos and Harbor Tours
  • Increased sales and buyer velocity
  • Avoidance of unnecessary POCs
  • Becoming the preferred vendor over competition

The advantage goes to those of you who adopt early – get your copy here. 


(Great reading for the holidays!)

Tuesday, November 15, 2022

Product Names in Demos?

 

I just watched a demo recording – about 45 minutes overall – where ~15 product names were mentioned, including both products and modules. Some had numbers associated with them, such as “Mobius-12”. By the end of the demo, I was overwhelmed…


As an interesting test, I asked 5 colleagues to watch the same demo. Once each had completed viewing it, I asked two questions:

  1. What do you remember from the demo?
  2. What specific product names do you remember from the demo?

The answers were illuminating and a bit frightening:

  1. What did you remember from the demo?
    • “Confusing…”
    • “Complicated…”
    • “I got lost…”
    • “Seemed like a lot of functionality…”
    • “It was a firehose of features…”

2. What specific product names did you remember from the demo?

    • “Um…”
    • “There were a lot, I’m not sure…”
    • “Moby-one or something…”
    • “Zero…”
    • “Chirp chirp chirp chirp…” (modeling the sound of crickets in an empty room)

What do you want people to remember in a demo: your product names or the problems your products address, along with the outcomes and business value?


Consider: if your prospect will only take away 3 ideas from your demo, what do you want them to remember?

Tuesday, November 8, 2022

Webinar: Create Deal Velocity with Vision Generation Demos!


I’ll be joining the fine folks at Saleo:

“On November 17th, Saleo is hosting a webinar with Peter Cohan of Great Demo!, and our CEO Justin McDonald on how to Create Deal Velocity with Vision Generation Demos!

https://lnkd.in/g6DtZFej

An underutilized and remarkably effective technique, Vision Generation Demos have proven to be the crisp cure for stunningly awful Harbor Tours, cutting to the chase and saving tremendous time for both vendors and prospects. When should they be used? How are they delivered? How are they constructed? We’ll share these truly best practices and show how tools like Saleo enable you to align with prospect markets, job titles, and specific interests with just a few mouse clicks.”


Looking forward to seeing you there – and please let us know If you have questions or topics you’d like us to explore!

Thursday, November 3, 2022

Presales – Please Complete Consensus’ Survey (You’ll Be Glad You Did)

 


The fine folks at Consensus are executing their seminal annual survey for the fourth time, providing the presales community with an extremely valuable series of benchmarks, comparisons, and data.


What’s included? Explorations of:

  • Salaries and compensation
  • Workload and activities breakdown
  • AE:SE ratios
  • Presales onboarding time
  • Performance and quota measurements
  • Presales metrics
  • Detailed data on demos

And a lot more!


Participating in this survey is a terrific investment in yourself and your team since you'll receive the results. It should take ~15-20 minutes to complete. You can find the survey here. Thanks!

Monday, October 17, 2022

Great Demo! Newsletter?


Published every two weeks: tips, updates on Great Demo! webinars, podcasts and other events, access to recordings, info on new cool tools, Public Workshops, links to our most recent articles and more. What an easy way to stay up to date with everything Great Demo!

Sign up here!

Friday, October 14, 2022

How Are Sales Demos Different from Training?

 

Only with respect to the exchange of money…!


In both cases, you are asking people to change. Accordingly, you can apply many of the key Great Demo! concepts to both sales demos and training.


5 Key Ideas:

  1. Describe WIIFT – What’s In It For Them
  2. Show WIIFT
  3. Make it look easy
  4. Map to importance
  5. Stay focused

5 Key Habits

  1. Start with the WIIFT (Situation Slides)
  2. Show the payoff (Illustrations: “Do the Last Thing First”)
  3. Use the fewest number of clicks (“Do It”)
  4. Apply Inverted Pyramid (“Peel Back the Layers”)
  5. Park questions as appropriate (Manage questions and time)

Wednesday, October 12, 2022

Upcoming Great Demo! Public Workshops

 

Sharpen your saw for the Fall, Winter, and beyond! Public Workshops are perfect for individuals or small teams:


Our next EMEA Great Demo! Public Workshop is scheduled for November 8-9. This will be a face-to-face event, taking place in Amsterdam. You can find registration information here. Please contact Natasja Bax for additional details.


Our next North America Great Demo! Virtual Public Workshop is scheduled for November 21-23. This will be a virtual event, facilitated over the web. You can find registration information here. Please contact Paul Pearce for additional details. 


An EMEA "Level 2" (advanced) Great Demo! Virtual Public Workshop will take place December 4-6. This is planned to be a virtual event, facilitated over the web. Please contact Natasja Bax for more information.

Wednesday, October 5, 2022

Doing Discovery Book Now Fully Available - Paperback, Audiobook, and Kindle

 

f“This book is the book I never knew I needed to read!”

- Adam Freeman, The Access Group


I am delighted to announce the full launch of my new book Doing Discovery, providing a methodology for a structured approach to doing discovery for B-to-B software. Doing Discovery is available in paperback, Audiobook, and Kindle versions. 


For those interested in purchasing multiple copies for SKOs, QBRs or other events, please contact me for more information.


The book represents a significant departure from traditional methods and offers an opportunity to establish sustainable competitive advantages for those who implement the methodology.


Looking forward to hearing your experiences applying the ideas in practice!

Thursday, September 22, 2022

Upcoming Webinar – How Buyer Enablement is Changing Discovery

Thursday September 29 at 8:00 AM Pacific, 11:00 AM Eastern, 5:00 PM Central European – Register here!

How many of us have actually purchased enterprise software? What did we dislike about the process – what did we appreciate? How can we, as vendors, enable both novice and experienced buyers to make their buying and value realization processes as frictionless and successful as possible? 


What is the role of discovery in supporting these efforts? We’ll examine these topics and more, including the horrors of Lead Churn, in this session…!


Contact us if you have topics you’d like to explore.

Monday, September 19, 2022

Gondola.ai Discovery Video Interview

 

From the fine folks at Gondola (previously Demoflow):


“How do you uncover true business pain when on a Discovery call with a prospect? More importantly, how do you quantify that pain and dig deeply for the impact of solving that pain? These are all critical elements of running a great Discovery call with a prospect.


In this episode of The Art of Discovery, Peter Cohan of Great Demo! and I talk about exactly that. How to uncover and quantify business pain and investigate the impact of the desired state.


We'll review a 3-step formula to help you do this:


- What is it today?: Identify and quantify the pain

- What would you like it to be? Identify and quantity the desired future state

- We have a great delta of value. Now what?”


You’ll note that the conversation includes many of the key discovery elements introduced in Doing Discovery. You can find this 27-minute interview here!

Thursday, September 15, 2022

Bits About Books – Doing Discovery Interview

 

From the podcaster:

 

“Bits about books episode #54 featuring Peter Cohan. We speak with him about his new book Doing Discovery – The Single Most Important Element of Software Sales and Buyer Enablement Processes. The episode is now #LIVE!”

 

In this 59-minute podcast, Subhanjan Sarkar interviewed me about the recently published Doing Discovery book, exploring the rationale behind writing the book and many of the key ideas. Some fascinating stories were shared as well!

 

You can listen to the podcast here – enjoy!

Friday, September 9, 2022

Only 16% of You…


 

As early adopters and innovators, only 16% of you realize that reading, adopting, and implementing the ideas in Doing Discovery provides you with a sustainable strategic competitive advantage. Shhhhh…..!

 

You can find the book here…

Wednesday, September 7, 2022

Upcoming Webinar – The Science of Doing Discovery


September 14 at 10:00 AM Pacific Time. You can register here!


Great Demo!'s Peter Cohan will be joining the fine folks at Demoleap to discuss more about the Doing Discovery methodology, and how Demoleap helps to support a structured, consistent approach:


“Demoleap's Demo Master Class - Learn from the best in class how to craft, manage and deliver winning discovery and live demo calls.


We are kicking off our special sales master class live webinars with "The Science of Doing Discovery." Peter Cohan (Founder of "Great Demo!" & the "The Second Derivative") will share his best practices on how to prepare and utilize the most effective discovery playbook.”


Register here – and let us know if there are topics you’d like to see addressed! 

Thursday, August 25, 2022

Upcoming Great Demo! Public Workshops - Early September


Sharpen your saw for the Fall, Winter, and beyond! Public Workshops are perfect for individuals or small teams:

EMEA September 6-8 (Virtual)

North America September 7-9 (Virtual)


Our next EMEA Great Demo! Virtual Public Workshop is scheduled to take place September 6-8 for folks in Europe and UK time-zones. Click here for pricing and registration – or contact Natasja Bax for more information. 


Our next North America Great Demo! Virtual Public Workshop will take place September 7-9. You can find registration and related information here. Contact Art Fromm for additional details.

Monday, August 15, 2022

Vision Generation Demo Challenge

 

If you had only 4 minutes with a prospect and had to choose only 3 screens to show from your software for a particular job title, what would they be?


Your answers – the screens, reports, or dashboards you select – are the basis for successful Vision Generation Demos.


Along similar lines, if you want your prospect to remember just 3 key ideas or benefits that these 3 screens represent or enable, what would they be?


Finally, if you want to articulate the tangible value that these 3 deliverables could provide for your prospect, what would it include?


Why only 3 screens/deliverables? Because your prospect will likely only remember 3 ideas, whether your demo runs 4 minutes, 40 minutes, or 4 hours! They will also take away impressions, however, which can range from “targeted, focused, and clear” to “complex, confusing, and way more than we need…”  Crisply presenting just 3 ideas provides prospects with a concentrated, more precise recollection. Make it count!


For Vision Generation, less is more.

Thursday, August 11, 2022

Demostack Road Show 1-Minute Discovery Snapshot

 

From Demostack’s Nick Capozzi: “The most common issue that sales teams struggle with? Discovery. Peter Cohan breaks down how to best understand the other side's point of view.”


You can find this 1-minute snapshot here. Extra credit for identifying the campus!

Monday, August 8, 2022

Two Presales in a Pod

In which we explore stories of the horrors of “Lead Churn” (and some solutions).

From the Legumes:


“Peter Cohan and Rob Dean live on Two PreSales in a Pod - Podcast!!!


We're back with another of your favourite topics: How buyers are treated at the start of their journey with you (which is NOT, the start of their journey).


Peter Cohan and Rob Dean join hosts Adam Freeman, Mark Green and Tom Edwards to discuss this hot topic. Now presales have the tools to scale further up the funnel - what's wrong with providing what these buyers need at that point rather than scaring them away with BANT?


Massive value. Thanks both for joining myself [Mark Green], Adam Freeman and Thomas Edwards”


You can find this 33-minute recording here and remember to always finish your vegetables… Enjoy!

Thursday, August 4, 2022

What Do You Think About This Approach?

 

Here’s an email I received recently (slightly redacted to protect identities) – what do you think about this approach to offering a demo?



Hi Peter,


As a company, YY believes transparency is the best way forward in reducing the number of ZZ incidents in the future and minimizing their impact when they do happen. That’s why YY is committed to building a network where the XX of every company is available on-demand to reduce the time and complexity of completing ZZ.

 

Do you have 15 minutes to talk about how YY can help your company be more transparent? My previous offer still stands. If you complete a demo, I’ll send you a pair of AirPod 3s.*


Schedule Demo [Button with link to landing page]

 

Best,

AA Account Manager 


*Offer valid for any decision-maker/influencer in relation to your company's ZZ management strategy. Company size should exceed 100 employees. Valid in countries where order and delivery can be fulfilled via apple.com. Exclusions apply. Limit 1 per company. Personalized demos take place after the initial discovery call.