How adept are you with these?
- Demos to the 5 Technology Adoption Curve Populations
- “Burn Victims”
- Executive Briefing Centers
- New Products and New Categories
- Transactional and High Velocity Sales Cycles
- Expansion Opportunities
- Tradeshows
- Lunch and Learn Sessions
- Internal Players, Third Parties, and Analysts
- Channel Partners and Resellers
- Demos at Conferences
- Demos to Individuals
- Small Groups (e.g., 2-10 participants)
- Large Groups (11-50 people
- Huge Groups (100s)
- And more!
One of the key ideas in Great Demo! methodology is that there is no such thing as “one demo fits all prospects.”
A basic Great Demo! principle is to align your demo with each of your prospect’s specific job titles. A CRO has different requirements than a VP of sales, whose needs are different from the those of front-line managers, who also have distinct requirements vs their salespeople staff.
Add presales players to the mix and you have another set of specific needs and wants. Include marketing, professional services, and customer success, and your complexity increases.
One demo does not fit all prospect job titles.
Similarly, there are differences across a broad range of other prospect dimensions that need to be taken into account in your demos:
- Technology Adoption Curve: Each category has specific needs, desires, and differing willingness to accept risk. A technology demo (or painful Harbor Tour) may actually be preferred by some Innovators. Conversely, the Early Majority will want extensive discovery followed by fairly detailed demos of the functionality they plan to use. The Late Majority will require “comprehensive” demos as well deeper additional forms of proof (e.g., POCs and POVs).
- “Burn Victims”: These are prospects that suffered a failed implementation or the inability to achieve a predicted ROI. Discovery and demos for this group will require gaining a clear understanding of what happened previously along with demonstrated proof that these Burn Victims won’t endure the same result again.
- Executive Briefing Centers (EBCs): These demos need to educate prospect leadership and staff about possibilities and solutions for the future. They leverage Vision Generation Demos, the Menu Approach, and often include substantial Vision Reengineering.
- New Products and New Categories: Success with these demos requires a clear understanding of the Technology Adoption Curve as it applies to discovery and demos.
- Transactional and High Velocity Sales Cycles: How do you execute sufficient discovery and deliver compelling demos in a highly transactional mode?
- Expansion Opportunities: How do you leverage your position as the incumbent vendor to expand your solution footprint?
- Lunch and Learn Sessions: What is the best way to execute Lunch and Learn demos and similar events? Skilled practitioners find success applying the Menu Approach and Vision Generation Demos for these opportunities.
- Tradeshows: The perfect environment to apply the Menu Approach and Vison Generation Demos!
And that’s just the visible portion of the iceberg. You can (and should!) apply Great Demo! principles and skills for demos to internal players, third parties, and analysts. Vendors that sell through channel partners or resellers represent additional dimensions.
If you mentally revisit Level 1 where new hires are learning the “standard” demo, you’ll realize that this is where the trouble begins! Modifying your onboarding training to embrace Great Demo! and Doing Discovery practices will both accelerate time-to-competency and eliminate the need to retrain staff.
Putting it all together takes training, experience, practice, and coaching. Read A Prospect’s Tale for a humorous, yet pragmatic story that illustrates what not to do and, more importantly, what success looks like (The last story in Suspending Disbelief)!
Measurement(s) for Achieving Level 9:
- Applies Great Demo! and Doing Discovery methodologies across the full range of demo situations you encounter.
Pros:
- Embraces a broad set of demo scenarios confidently.
- Reduces onboarding time.
Cons:
- Requires extensive personal experience, training, and coaching.
Grade: A+
Explore the Articles on our website for guidance on these individual topics, including:
- Technology Adoption Curve populations:
https://greatdemo.com/discovery-and-demos-across-technology-adoption-curve/
- The Menu Approach:
https://greatdemo.com/the-menu-approach-a-truly-terrific-demo-self-rescue-technique-3/
- Demos for Executives:
https://greatdemo.com/demos-for-executives-a-never-stop-learning-article/
- Transactional Sales Cycles:
- The Advantages of the Incumbent Vendor:
https://greatdemo.com/the-advantages-of-the-incumbent-vendor/
- Expansion and Renewal Scenarios:
https://greatdemo.com/expansion-and-renewal-demos/
- Lunch and Learn Sessions:
https://greatdemo.com/lunch-and-learn-demos-a-potent-practice/
See the Third Edition of Great Demo! and Doing Discovery for the full methodologies!
Great Demo! Third Edition: