Wednesday, November 30, 2022

Why Many Discovery Calls Go Wrong (And the Vendor Doesn’t Realize It!) – Part 2

 

Here’s the short list of why so many discovery calls fail to accomplish their actual objectives:

  • Not even getting job titles
  • Only gets job titles
  • Too few questions
  • Only uncovers Pain
  • Only uncovers Pain and a bit about the tech stack/environment
  • No discussion of Impact
  • No discussion of Value
  • Didn’t uncover tangible value elements (no Deltas)
  • Not helping your prospect build their business case
  • No discussion of Specific Capabilities
  • No Vision Reengineering – prospect vision of a solution is limited
  • Vendor assumes they already know the prospect’s situation
  • Vendor uncovers pain and immediately starts talking about their offering
  • Vendor starts with corporate overview and never gets to discovery
  • Vendor starts with an overview demo and never gets to discovery
  • Vendor starts with a corporate overview, followed by a product overview, followed by an overview demo and never gets to discovery
  • Vendor doesn’t know what information needs to be captured
  • Vendor doesn’t know what questions need to be asked
  • Too many questions – feels like an inquisition
  • Nothing given back for the prospect – no give, no quid pro quo
  • Used “discovery on the fly” but ended up only showing an overview demo
  • Used “discovery on the fly” but only confirmed that the prospect liked a few features
  • Used discovery on the fly but only uncovered pain and a bit about the tech stack/environment
  • Used discovery on the fly, showed a ton of features, but ended up “buying it back”
  • Prospect is “just browsing” and not ready for a deeper discovery conversation
  • Started too low in the prospect organization
  • Not learning the members of the buying team
  • Not understanding the prospect’s buying process
  • Not identifying a champion
  • Not enabling your champion
  • Prospect is in pain, but still isn’t willing to change
  • Prospect is in pain, but still isn’t willing to change – no Critical Business Issue identified
  • Prospect is in pain, but still isn’t willing to change – no or insufficient value identified
  • Prospect is in pain, but still isn’t willing to change – no Critical Date identified

This is just a starter list…! Any others to add?


What about solutions? 


Here’s a 27-minute webinar with Larson Stair, the CEO of Gondola, where we explored several of the 7 Levels of Doing Discovery in an example discovery conversation interspersed with brief analysis.


Learn more about these skills in the new book, Doing Discovery or (even better) learn how to apply these skills in a Great Demo! Doing Discovery Workshop.

Friday, November 25, 2022

Why Many Discovery Calls Go Wrong (And the Vendor Doesn’t Realize It!) – Part 1


What’s the tangible difference between a
conversation and an inquisition? Give and take. It’s the give portion that’s missing from so many discovery conversations!

Many vendors are taught to establish rapport early in a discovery call. And many vendors do so, for example, by noting something in view in the prospect’s Zoom/Teams window – a photo, a trophy, a piece of equipment, etc. – and calling out their shared interests. That’s a good start.


However, what very often follows is a list of questions fired from the vendor at the prospect that grow more and more uncomfortable as the call progresses. The results are:

  • The vendor terminates the discussion early, before uncovering much more than
    “pain” and some environment/tech stack information; 
  • The vendor misses the opportunity to explore pain more deeply, investigate impact, uncover tangible value, and to reengineer and build vision (with a bias towards the vendor’s unique capabilities);
  • The prospect perceives the call as a painful experience – an inquisition – with no value returned to them.

What’s missing? 


The give portion of the discussion: That’s what makes a discovery call a comfortable conversation, where both parties feel that there was significant value gained. How do you achieve this?


Through three approaches:

  1. “About You”: an initial dialogue about the prospect’s background and history, to lubricate the conversation, and
  2. The use of Quid Pro Quo: offering ideas, tips, experiences, and similar responses that give the prospect valuable information, guidelines, and comparisons. These can be simple comments, such as “You are not alone”, or rich Informal Success Stories that provide a give while building or reengineering vision.
  3. Vision Generation Demos: an opportunity to satisfy prospects’ desire to “just see a demo” and get a sense of what’s possible, and open the door for deeper discovery.

Learn more about these three extremely valuable elements of discovery in the new book, Doing Discovery or (even better) learn how to apply these skills in a Great Demo! Doing Discovery Workshop.

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 22, 2022

A Terrible Tabs Demo Death March

I was watching a demo recently where the presenter executed one of the longest Terrible Tabs Demo Death Marches I’ve seen (and SADest examples, where SAD = Stunningly Awful Demo). No fewer than 11 (eleven!) tabs were explored, one after another after another after another after…

The demo was recorded with the prospect players in individual video panes, so I was able to watch their expressions during the course of the agonizing journey. It looked very much like what might take place for a group of people embarking on a long, uphill, slogging hike…


At the first tab, they were watching and listening with comparatively neutral faces. The presenter consumed about 6 or 7 minutes completing this first tab and then, without any summary or pause, moved immediately to the second tab.


I glanced at the audience panes and noted a slight, but distinctive eye-roll from the prospect key contact, a manager. You could tell the group was already experiencing some discomfort as the climb progressed.


The presenter didn’t appear to detect this subtle warning and continued with the second tab, consuming another 6 or 7 minutes. Sweat was now appearing, metaphorically, as the team toiled up the trail…


As the presenter entered the third tab, there were visible signs of strain (and, likely, audible sighs, as well). The route was getting hot and dusty, and the prospect players were clearly becoming tired. Another 6+ minutes of uphill strain commenced!


By the fourth tab, you could see participants glancing at their watches and likely counting the remaining tabs, “Ohhhhh, no… There are 7 tabs left – how much longer will this go on?” The summit was not even in view at this point!


You could almost hear them calculating, “Let’s see, at 6 or 7 minutes for each tab – that means we have something like 45 more minutes to go, just for this part of the demo. Ugh!”


A note: There were no pauses, no intros, no summaries from the presenter. No communication of business value and no discussion of what problems could be addressed. When the presenter occasionally asked, “Any questions so far?” The responses were “Nope…” initially, followed by silence as the excursion progressed. It was just feature after feature, a steady slog up a steepening slope!


It was also clear that many of the audience members had “checked-out” and were doing email or other activities, based on what I could see in the individual panes. The presenter was oblivious and continued to march up the trail, ignoring the fact that that everyone else had abandoned the journey!


I wish this story has a happy ending, but it doesn’t. The ever-upwards demo expedition consumed over an hour and a half of everyone’s time (both vendor and prospect) – and it was positioned as an overview demo. 


As the meeting drew to a close, the salesperson (who had apparently headed to the bar while the hike took place, as there wasn’t a word heard from that party during the trudge) suggested next steps, saying, “Let’s organize a deep dive demo for you…”


The manager, metaphorically painfully peeling off trail-torn hiking boots and examining blistered feet responded, “We’ll let you know…”


Imagine if someone took you out for a long, sweat-soaked hike that lacked any rewards: no views, no streams, no picturesque mountains, no swimming-hole; just a long, hot dusty trail. What would you think about pursuing another, likely harder trek?


Victims of Momentum


After reviewing the demo, I contacted the presenter and asked, “Why did you walk through those tabs one after another?”


The response was, “We’ve always done it that way! That’s what I was taught; that’s our standard demo. We are actually certified only after we prove that we can deliver the demo that way…”


Clearly, just because you’ve always done something one way for years doesn’t mean it is the best way! (“Insanity: doing the same thing over and over and expecting different results.”)


As humans, we are victims of momentum. We tend to do things the same way, over and over, unless we are given a shove in a new direction. 


A Shove or Two


First, show the rewards your software offers. In terms of a hike, wouldn’t you want to see some sweeping views, or beautiful meadows, or wildlife or similar? What would be the equivalent deliverables your software provides? 


Perhaps, before dragging the prospect onto the trail, perhaps a bit of discovery would be in order: “Dear Prospect, what are your objectives for this outing? What are you hoping to achieve?” Then, you’ll be able to align the journey with the prospect’s desires and constraints.


If you’ve been unable to do discovery before this demo meeting, consider presenting a Vision Generation Demo. This wonderful approach satisfies the prospect’s desire to see what’s possible while moving into a discovery conversation. It’s like showing the prospect a brochure of the available hikes with their various features and destinations, followed by a discussion of the options, before hitting the trail!


Next, before presenting a mountain of tabs, ask yourself if your prospect is interested in exploring the details of each one. It is quite possible that they may already be satisfied, and you don’t need to take them on a long, painful hike. Even better, ask the prospect!


Alternatively, consider using the tabs as a Menu, offering your prospect the choice of which tabs are most important or interesting to them.


In summary, if you are also leading your prospects on Terrible Tabs Demo Death Marches, consider this as a gentle, but firm shove towards a more productive route!





Copyright © 2022 The Second Derivative – All Rights Reserved.


To learn the methods introduced above, consider enrolling in a Great Demo! Doing Discovery or Demonstration Skills Workshop. For more demo and discovery tips, best practices, tools and techniques, explore our blog and articles on the Resources pages of our website at https://GreatDemo.com and join the Great Demo! LinkedIn Group to share your experiences and learn from others.

Monday, November 21, 2022

Webinar Recording: Create Deal Velocity with Vision Generation Demos!

 

Great Demo! and Doing Discovery's Peter Cohan joined the fine folks at Saleo, exploring 

four main ideas:

  • WHAT is Vision Generation?
  • WHY is it needed?
  • How do you DELIVER Vision Generation Demos?
  • How do you PREPARE?

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.”


You can find the recording here. Enjoy!

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?

Friday, November 11, 2022

Presenting Software – Taking a Page from Restaurant Waiters’ Playbook

 

Notice how waiters in mediocre restaurants serve dishes: they simply ask, “Who had the linguini?” and plonk! – a plate of pasta plops down in front of you and the waiter disappears.


Now consider how waitstaff in elegant restaurants serve dishes. As they gently place the plate, they also turn it, carefully, to the position that best presents the food. Next, they describe what you are seeing:


“Here is your delicious linguini pomodorado… The tomatoes were grown in our garden, right outside, and harvested exactly at the peak ripeness, then sauteed gently with fresh herbs snipped just minutes ago. The linguini was prepared by hand, today, from semolina made by our partner farm just down the road – they are absolute experts in pasta preparation! The pine nuts also come from our local trees and are carefully pan-roasted just until the fragrant oils begin to glisten. Enjoy!”


Who will get the bigger tip, do you think?


In the world of software demos, the vendor that communicates more effectively, particularly when showing key screens, tends to be more successful in moving the opportunity forward.


In a mediocre demo, the presenter simply says, “…And here’s a dashboard” (often followed by the additional comment, “…which is super-configurable…”).


In a Great Demo, the presenter explains what the audience is seeing, how it will help the audience solve their business problems and connects the screen with the tangible business value it enables.


With restaurants, fast food isn’t better. With demos, showing more features doesn’t communicate more value. In fine dining, less is often more – and the same is also true for demos!


Bon appétit!


For more on demos and Vision Generation specifically, join our webinar November 17 at 8:00 AM Pacific Time: https://lnkd.in/g6DtZFej 

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!