“Competition whose motive is merely to compete, to drive some other fellow out, never carries very far. The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.”
– Henry Ford
I was the prospect listening to a vendor present their offering. The salesperson was working his way through their product presentation and entered a section on “Competitive Differentiation.”
One slide listed several competitors, and the salesperson began to discuss how his product was superior to the others. I perked up and made a quick note.
Seeing this, the salesperson asked me what I thought about the various competitors.
I responded, “Well, I didn’t know that [Vendor C] had an offering in this space. Many thanks for letting me know – I’ll check them out!”
And [Vendor C] did have an excellent product that, for our needs, was the best fit – which we purchased and enjoyed for years!
Moral? Beware of Premature Elaboration!
Resources:
Stunningly Awful vs Truly Terrific Competitive Differentiation – What, When, and How?
https://greatdemo.com/truly-terrific-competitive-differentiation/
And for more Sales Prevention Team stories, see:
“Stunningly Awful Sales Prevention Demos: Real-Life Examples of What Not to Do!”
https://greatdemo.com/stunningly-awful-sales-prevention-demos-real-life-examples-of-what-not-to-do/