Thursday, August 28, 2014

Other Vendors' Demos – Great Source for Learning

I’m occasionally surprised to find presales staff who have never seen another vendor’s demo – not even demos from a competitor…  (So, if you haven’t seen demos from other vendors, it is time to do so!)

For everyone, occasionally watching demos from other vendors is a terrific way to regain the customer’s perspective regarding demos.  I typically suggest that you watch demos from vendors where you actually have interest in their products – this helps to make the interaction as real as possible – be a customer.  Sign up for a demo from the vendor’s website and see how you are treated as a customer:

-          Do they just schedule a demo without asking any questions or doing Discovery?  What is the balance pre-demo experience like? 
-          How about the demo itself:
o   Was it engaging?
o   Did it address your interests?
o   Was it interactive – or a fire-hose delivery of features and functions?
o   Did you find your attention wandering – did you “check out”?  (And if so, how long into the demo did this take?)
o   What could have made the experience for valuable for you, as the customer?
-          And what happened post-demo – did they address any open issues or questions, for example?


What you learn you may wish to apply to your own demos and processes!

Thursday, August 21, 2014

Great Demo! Reading List – Recommended Remarkable Books

A number of folks have asked for a Reading List (books that I often reference in Great Demo! Workshops) – here is a starter list.  You’ll note I’ve largely omitted books on sales methodology and presales-specific books – all great to read, of course – this list is designed to broaden and expand our thinking beyond our day-to-day activities!

Brain Rules:  John Medina
How information is received, filtered and stored – should be required reading!

Made to Stick:  Chip and Dan Heath
Great for understanding Storytelling and key Storytelling elements.

Crossing the Chasm:  Geoffrey Moore
Technology Adoption Curve, Early Adopters vs. Majority and impact on demos.

Predictably Irrational:  Dan Ariely
People make decisions in strange ways – very intriguing!

To Sell Is Human:  Daniel Pink
Wonderful ideas on how people persuade others (aka “selling”).

The Visual Display of Quantitative Information:  Edward Tufte
Excellent treatise on presenting data and information – extraordinarily important for dashboards, visualization tools and related.

Blue Ocean Strategy:  W. Chan Kim and Renee Mauborgne
Terrific strategies for creating new markets and new categories (more targeted at marketing and business development folks).

The Long Tail:  Chris Anderson
Again, more for the marketing and business development sides of the house, but really interesting exploration of how many small things can add up to some really big things…

The Tipping Point:  How Little Things Can Make a Big Difference:  Malcolm Gladwell
Provides a great understanding of the impact and mechanics of word-of-mouth.

Unleashing the SUPER Ideavirus:  Seth Godin, Malcolm Gladwell
More excellent ideas on applying word-of-mouth approaches.

The Anatomy of Buzz Revisited:  Emanuel Rosen
The previous two listings describe what kinds of remarkable things can be accomplished via viral marketing; this book covers how to accomplish it!


Terrific book by unknown author on demos…

Monday, August 18, 2014

[Warning: Shameless Self-Promotion Alert!] Great Demo! Public Workshop

Our next Great Demo! Public Workshop will take place October 15-16 – registration and additional information can be found at http://skmcohan141015-cohan.eventbrite.com

This is a 1.5-Day Workshop, with the first day focusing largely on core Great Demo! material and the morning of the second day addressing more advanced topics and techniques.

Public Workshops take place in San Jose, California, in conjunction with the folks at SKMurphy.  They are excellent opportunities for individuals, small groups or for teams that have new hires.


We’ve found that these sessions are most productive when there are two or more participants from each organization (singletons are also fine). This helps to mimic real-life interactions as much as possible, both when preparing demos and delivering them in the role-play sessions.

Thursday, August 7, 2014

Uses (and Cautions) of Recorded Demos

Recorded demos offer some wonderful opportunities for delivering content – but need to be used with careful regards to your objectives and customer situations.  Here are a few quick guidelines to contemplate:

Training: 
-        Excellent application. 
-        Recorded demos can provide guided instructions on learning software:  “Here’s how to….”  This is a terrific use for recorded demos, since the use scenarios tend to be reasonably consistent – they should focus on the high-probability tasks that users need to accomplish.
-        The astute trainer realizes that many elements of Great Demo! methodology apply directly in recorded demos for training:  The use of Illustrations to show the end result, the “Do It” pathway to show fastest route to completing the task, and typical “Peeling Back the Layers” pathways to explore answers to questions that users will likely ask.

Marketing: 
-         Excellent for education and introducing new products and categories. 
-        Very useful for moving “Latent Pain to Pain”, to let customers know what is possible.  These demos need to be crisp and focused – and/or organized into consumable “chapters”.  A 1-hour “end-to-end” or “day-in-the-life” video isn’t likely to yield good results.
-        Again, many elements of Great Demo! methodology apply:  Focus on high-probability use cases; apply Great Demo! methodology using Informal Success Stories (in Situation Slide format, for example), Illustrations and “Do It” pathways.  I’d suggest not going deeper – one of your objectives is to generate enough interest with the customer to ask for and enable a Discovery conversation between the customer and a sales team as a probable next step.

Sales: 
-        Potentially good for Vision Generation, use carefully.
-        Use targeted, high-probability use cases; apply Great Demo! methodology similarly to the marketing demos.  You want to make sure that the customer simply has an “appetizer” and gets hungry to contemplate a larger meal – not fill them up (or worse, present the customer with capabilities and solutions that don’t match the customer’s perceived needs)!  Your objective typically should be a Discovery conversation as the next step.

Presales:
-        Same as Sales, above, plus can be a reasonable back-up if live environments are not available (and recorded demos rarely crash).
-        Make sure, however that recorded demos are used for Vision Generation.  Recordings are not particularly compelling for achieving Technical Proof…

Some additional thoughts regarding recorded demos in general:

Pros: 
-        Great for consistent messaging.
-        Highly leveraged (produce once, use many).
-        Can enable new hires to engage while they are still learning the offerings.
-        Great for education of customers (and vendor personnel, as well).

Cons:
-          Cannot have a conversation with the customer; delivery is one-sided.
-          Can be hard to keep up-to-date as products evolve.
-          Requires well-defined, high probability use cases.
-        There is a tendency for many vendors (particularly marketing groups) to put waaaaaay too much into them…!

Sunday, August 3, 2014

Stunningly Awful Sales Tactics – The Future-Sales Prevention Team

Stunningly Awful Sales Tactics – The Future-Sales Prevention Team
Or
The Curse of the Hunter-Farmer Model

Are your sales teams traditional, better or truly great?  Contemplate the following (ugly) scenario: 

A customer calls his sales person to ask for help implementing software he purchased recently – there seems to be a mismatch regarding the capabilities delivered vs. what he expected…

He leaves a voicemail message, but hears nothing back from the sales rep.  He then calls customer service and describes his problem (again) to them.  Customer service promises to look into it – but can find no information in the CRM system beyond that the order was received by purchasing a few weeks back.  The customer service people send an email to the sales person and receive a curt response, “I brought in the business; your job is implement it!” 

Customer service ultimately tells the customer “Sorry, the software you licensed didn’t include the capabilities you are asking about…”

Frustrated, the customer reduces the scope of his implementation – and has to tell his management that “The ROI for this purchase may take longer than expected…”

A month later, our customer receives a call from an account manager (“Farmer”) at the same vendor.  She asks how things are going…  Our customer replies, “Not as well as I’d wanted – we had to scale back our planned implementation.  I’m a bit frustrated, actually…!”

On the other end of the line, the account manager sighs deeply and says (to herself), “Looks like yet another uphill struggle with yet another customer.  I’ll never make quota this way…!”

Contemplate a second (ugly) scenario:

This time the customer is talking with the vendor’s professional services team.  A similar conversation takes place, with the professional services folks ultimately saying either:

1.        “Sorry, you didn’t license what you need – you’ll have to scale back your implementation…”

2.       “Darn it, that sales person promised the customer those capabilities, now we’ll have to implement them for free…!”

Overall, there are several unhappy parties in these scenarios:  the account manager, the professional services team and – most important – the customer!


Traditional Sales People…

Many traditional sales people – and especially those who are designated and compensated solely as “Hunters” – are interested in the relationship with the customer up through what point in time?  That’s right, the moment the PO is received – then these traditional sales people run, not walk, to the next opportunity!  This results in serious disconnects between a bevy of the vendor’s individuals and departments:

-          Farmer to Hunter:  What did we sell?  What do they need?  What are their expectations?  What can I sell?  Arrgh!
-          Professional Services to Sales:  What implementation was promised?  What was paid for?  When do they expect it?  Errrgh!
-          Customer Services to Sales:  What did they buy?  What was promised?  What mess do we have to deal with this time?  Ack!

But wait – what goes around, comes around:

-          Marketing to Sales:  Who of your customers can we contact to capture some good reference stories?  None of your accounts…?  Darn…
-          Sales to Marketing:  How come we don’t have any reference stories available?  How can I sell to new customers without good references?  Arrrgh!

Sales people that simply sell and run are active members of the Future-Sales Prevention Team – helping to ensure that their competition will get the next rounds of business!


Better Sales People…

Better Sales People (and Sales Teams) uncover customers’ Critical Dates – dates by when the customer needs to have a solution in place – and then walk backwards from those dates to map out the major steps that need to take place to ensure that implementation will be completed successfully, in time for the desired “Go Live” date.

This particular conversation with the customer can also have some delightful consequences:

Customer:  “So we need to have your system in operation by September 15, in order to meet our project deadlines…”

Vendor:  “Understood.  Well, based on the capabilities you need, we should map out a rough time-line to get you up and going.”

Customer:  “Sounds good…”

Vendor:  “OK, for an implementation like yours, based on our experiences with other customers in similar situations, we should plan on a few days of final end-user training, preceded by pre-roll-out testing; before that is configuration, implementation, and admin training…  Hmmm, looks like in order for you to meet your target date we need to get contracts to legal tomorrow!”

With a rough plan in place, the profession services team can be brought in to discuss the details.  And these Better Sales People and (and Better Sales Teams) then track progress against the final plan to help resolve challenges and ensure that implementation can take plan on time, on spec, and on budget.  (Note that the Sales Team here can include a Hunter and corresponding Farmer, in addition to profession services folks).

But wait:  there’s more!


Truly Great Sales Teams… 

What happens when an individual makes a substantial software purchase on behalf of his company – from his perspective?  A huge weight descends onto his shoulders – the responsibility associated with the size of the investment.  And that weight is not lifted until that investment shows some tangible return.

Truly Great Sales People and Sales Teams map out and track the process of implementation with the customer from Discovery, through purchase, through roll-out and deployment, all the way to that point in time when the customer enjoys a Value Realization event – a small victory that can be announced internally to peers and management. 

“We completed this last cycle in one day vs. what previously took us a month – hooray!”  And that’s the point in time when the weight is lifted from the buyer’s (virtual) aching shoulders.

Value Realization events don’t necessarily require a full year of ROI.  They may simply be an early win or small victory – representing a small, but tangible portion of overall ROI desired.

Truly Great Sales People and Teams identify Value Realization events in early conversations with the customer.  Often, these discussions take place towards the end of Discovery – once the customer sees that a solution is possible, he wants to understand how to put that solution into place.  This vendor and customer can then rough-out a mutual plan of the steps to achieve the desired Value Realization event. 

An example Discovery question might be, “How will you define an initial success for this project?  Not the full ROI, but just an early success or victory – what would that look like?”

This also enables the vendor’s professional services teams to focus implementation and training on achieving the Value Realization event, in particular.  Importantly, the customer sees that the vendor is truly interested in the customer’s success – not just selling and running to the next opportunity.


Transition Vision

This process has a name:  it’s called “Transition Vision”.  It’s the process of helping the customer see how he will move from his current painful situation through deployment all the way to the point in time when victory (for him) can be declared. 

The vendor that executes this process well vs. the vendor that ignores it has a significant competitive advantage.  Consider the following story:

You’ve decided to trade-in your old Honda and get a new SUV.  You visit Car Dealership #1 and, as you walk towards the show-room, you see exactly the car you want – the right color, the right options and you are entirely comfortable with the price posted on the car [Editor’s note:  this is the less-than-believable part of the story…!].  A salesperson comes up and you say, “I’d like to buy this car.  I’ve brought my current Honda to trade-in to help pay the balance of the purchase price.”

Salesperson says, “Great!  Go ahead and sell your Honda, and when you have the full amount come back and we’ll get you into that shiny new SUV…!”

You walk away, disgruntled, and decide to try Car Dealership #2 across town. 

You arrive at Car Dealership #2 and, as you are heading to the show-room, you once again see exactly the car you want – and again, with the right color, the right options and the price is exactly the same as at Dealership #1.  A salesperson comes up and you once again say, “I’d like to buy this car.  I’ve brought my current Honda to trade-in to help pay the balance of the purchase price.”

Salesperson says, “Great!  Did you bring the registration and ownership papers for your Honda?”

You indicate that you have the papers with you.

Salesperson says, “Very good – if you’ll give me those documents we’ll take care of all the transfer-of-ownership paperwork and filing – and we’ll make sure that the paperwork is all done correctly.  You should be able to drive away with your new SUV in about 45 minutes…”

Who will get the order and why?  Two (really valuable) observations:

1.       The vendor that builds a Transition Vision with customer – a vision of how the customer can move from his current, painful situation to that glorious future with the solution in place and yielding the desired results – is in a competitively advantageous position vs. vendors who simply present a solution.

2.       The point in time when a customer achieves a Value Realization event is also the point in time when the customer becomes – a reference!  (I’ve seen sales compensation plans include harvesting customer references as a key component.  What a terrific idea…)

Truly Great Sales People and Sales Teams become partners to their customers – and those customers will preferentially buy from those vendors again.  Wouldn’t you?



Copyright © 2014 The Second Derivative – All Rights Reserved.

Tuesday, July 29, 2014

When the Best Solution Is NOT Your Offering

Have you ever found, when doing Discovery with a prospect, that the problem they face may not be best addressed by your offering – that another organization’s product would be better choice for them?  Do you go ahead and propose your offering anyway or do you suggest a solution from another company?  (Note – I’m not talking about direct competitors’ products, but other non-direct competitor alternatives…)

A few thoughts:

First, the quest for rapid revenue may not be the right choice, particularly if the main problem faced by the customer requires capabilities that you don’t offer.  An example?  A customer called me asking for demo skills training for his team.  In our Discovery conversation, I realized that his team had a bigger need for behavioral presentation skills training than for demo skills.  I could have gone ahead with delivering demo skills training, but felt he’d be better served by training his team to get more comfortable in front of audiences (body position, word pace, tone, etc.)  I suggested he talk with the folks at Mandel Communications (who do a delightful job teaching people how to present).  He did and put his team through their training.  Some months later, he called me again and said his team was ready for demo skills training (and they were) and we did a series of very successful Great Demo! Workshops. 

Interestingly, making a recommendation that is NOT your offering can pay delightful dividends, in terms of dramatically increased earned credibility and trust.  Your prospect will likely come back to you, the next time they are looking for solution to a problem, rather than your competition.  This is exactly what happened in this case – my customer told me, after our first Workshop, that he preferentially chose Great Demo! because of my initial recommendation for behavioral presentation skills training.


You’ve become a trusted advisor – as opposed to simply pushing a product.

Friday, July 18, 2014

(Warning – Shameless Self Promotion Alert!) Great Demo! Intro Video

It’s my pleasure to offer this brief video intro to the Great Demo! methodology:  http://goo.gl/dL72VJ

It provides a sample of the key ideas – an appetizer, not the full meal…!   Please contact me if you are interested in exploring further.


I want to thank Demos on Demand for this video.  They provide an advanced B2B video platform that’s specifically designed for technology markets—and they do a wonderful job recording demos and whiteboards—really great stuff!

Thursday, July 3, 2014

Remote Demos: Check for Screen Resolution Readability

During a Remote Demo today, where I was the customer on the receiving end of the demo, I asked the vendor to change his screen resolution because the text and images he was sharing were too small for me to see clearly.  He suddenly realized that this problem had been going on for quite a while – and that most of his customers have also been unable to see sufficient detail in his demos…! 

I noted that most customers won’t say anything – they either assume that there is nothing that can be changed – that “it is what it is…”  They just live with it and make no comment, squinting at their screen, suffering quietly through the demo and unable to consume the content.

This suggests a tip when you start a Remote Demo (as the vendor):  Ask, “Can you read this text comfortably?”  If yes, then proceed.  If no, then adjust your screen resolution down (to a lower resolution) and check again.


Thursday, June 26, 2014

"SC's are not paid by the word..."

Heard from a very wise presales manager recently:  “Presales folks are not paid by the word…!”

Wednesday, June 18, 2014

Another Cooking Analogy for Demos – Length of the Recipe

A recent Great Demo! Workshop participant observed that for most home cooks, a recipe that has a long list of ingredients and a long set of instructions is less likely to be chosen over one that is shorter.  He also pointed out that the longer, more complicated recipe presents more chances to make mistakes (“Damn, it wasn’t supposed to look like that…!”). 


Clearly these ideas are directly applicable to demos!

Monday, June 9, 2014

“A Day in the Life…” Reduced to “A Few Minutes in Your Life…”

Many vendors’ software demos present “A day in the life” for a customer – generally consisting of trying to follow the activities of a series of confusing fictional characters as they work through a set of somewhat interrelated tasks, interspersed with loop-backs, “remember this from earlier?” statements, “if” and “or” pathways (“Now, if you want to do this, then you…” and “Or, here is another way to do the same thing…”), extensive excursions into “Setup Mode”, and lost time getting dragged off-track into the deep, thick weeds…

Yes, these demos are still (unfortunately) very much alive – just suffered through one a few days ago…!  


But there is a remedy:  A recent Great Demo! Workshop participant just reported that Doing the Last Thing First caused one of his customers to say, “Wow, you just reduced a painful “day in the life’ down to ‘just a few minutes in my life.’  Thanks!”

Sunday, June 1, 2014

Stunningly Awful Demo Communication – Unencrispening the Demo

Stunningly Awful Demo Communication – Unencrispening the Demo

The higher the customer’s job title, typically, the stronger is their desire for vendors to be crisp, focused and precise in their communications.  “Get to the point!” is what many senior managers are thinking, even if they don’t say it out loud.  Instead, their actions often speak louder than words, as they quietly get up and walk out of the demo after just a few minutes…

Here are a few areas where we can likely improve our verbal delivery in demos:

Mixed Metaphors

“This will help you knock it out of the park and out-flank your competition…!” says the vendor.  “Huh?” thinks the customer – who misses the next several sentences from the vendor as he chews on the verbal gristle he was just served…  If you are going to use a metaphor, stay with it!  Don’t swap horses in the middle of the meal!  (How’s that for a bad one?)  Here are a few more, just for illustrative fun:

"I don’t think we should wait until the other shoe drops. History has already shown what is likely to happen. The ball has been down this court before and I can see already the light at the end of the tunnel."
(Detroit News, quoted in The New Yorker, November 26, 2012)

"I knew enough to realize that the alligators were in the swamp and that it was time to circle the wagons."
(attributed to Rush Limbaugh)

"The committee was tired of stoking public outrage with fortnightly gobbets of scandal. It decided to publish everything it had left, warts and all. Now everyone is tarred with the same ugly brush, and the myth that forever simmers in the public consciousness--that the House shelters 435 parasitic, fat-cat deadbeats--has received another shot of adrenalin."
(Washington Post, 1992)

“I’ve decided to put down roots and send up a trial balloon – I’m throwing my hat in the ring…!”
(anonymous, for  now)

Blech and gack.

Inappropriate Analogies

“We eat our own dog food…!”

Ick, really?  Why would you do that?  Instead, contemplate communicating the same idea with a gentler version, “We drink our own champagne.”  Much more palatable!

Your vs. You’re

This is just sloppy writing and proofing – but how many times do you see someone use “your” when they should have written “you’re”?  Just saw an example recently:  “Your really going to like this upcoming release!”  Sigh. 

Don’t you wish your word processer had a “reality checker” in addition to its spell-checker and grammar checker?

Colloquialisms

A few years back I was hosting a visit to our facilities by a group of Japanese customers, whose English was fairly good (but not complete).  At one point in the discussion our head of development responded to a question regarding timing for delivery of a specific capability – he was then asked, “How did you come up with that timing?”

He replied, “Oh, I just pulled those numbers out of my butt…”  I watched our customers’ faces as they contorted, trying to make sense of his answer…  Fortunately, one of our guests was able to understand the idea and provided his colleagues with a more accurate (and less literal) translation – and smiles and nodding heads replaced the perplexed (and slightly frightened) expressions.

Many U.S.-based sales, presales and marketing people communicate as if the rest of the world has fully adopted our version of English.  They are, of course, in error.  They have missed the pitch, dropped the ball, fumbled the handoff, and simply not make the extra point.  (How’s that for a combo with mixed metaphors?)

Solution?  When presenting to international audiences, consciously choose vocabulary and word phrases that are simple, clear and as internationally universal as possible. 

Two Countries Separated By a Common Language

This famous quote by Winston Churchill highlights additional differences in English spoken in different locations.  A number of years ago, we had a Marketing Communications (MarCom) group that was not particularly well-beloved by the field sales and presales organization.  The result was this rather embarrassing story:

The MarCom group typically provided “give-aways” for the various trade-shows that we attended.  In one case, they produced a particular piece of apparel complete with our logo brightly imprinted for a trade-show in London.  Now, in the U.S. this particular item is called a “Fanny Pack”.  In the UK, “Fanny Pack” has, well, a different meaning (you are welcome to look it up yourself…!). 

Our MarCom group generated signage for our booth at the show, emblazoned liberally with “Get Your Fanny Packs Here!”  The signage was installed at the booth and when the show opened it certainly attracted more attention than our MarCom folks had anticipated…!  An (embarrassingly high) number of UK customers came to the booth and asked, rather loudly in many cases and with great mirth with others, “Can I please have a fanny pack?”

Sigh.

Regional Differences

You, Y’all and All Y’all:  Which is singular and which is plural?

Add these to the list above…  But wait, there’s more…!

Slinging Slang:  That Dog Don’t Hunt and Other Homilies

In San Diego, “Gnarly, Dude…!” is an expression of appreciation (and/or the presence of large, thin-lipped, glassy, tubular waves – or exactly the opposite:  slow, blown-out mushburgers).

In New Hampshire, you may be told, “But it won’t do you no good, you can’t get there from here…” (pronounced “heah”), meaning your directions are faulty.

In the Carolinas, “That dog don’t hunt” indicates that your suggestion likely won’t work.

In Texas, “It’s fixin’ to rain” is a weather forecast and “fixin’ to…” indicates that something is likely to happen.

In Hawaii, “Da kine!” is what you want to hear, in conjunction with an accompanying “shaka.”

And here’s a beauty that combines several items from the topics above:

“I conclude that the city’s proposal to skim the frosting, pocket the cake, and avoid paying the fair, reasonable, and affordable value of the meal is a hound that will not hunt."
(a labor arbitrator, quoted by the Boston Globe, May 8, 2010)

Solution?  Again, choose verbiage that is as neutral as possible – particularly when working with international groups or customers from diverse U.S. locations.

International Equivalences

“It’s awesome!” in the U.S. is the same as “Ja, well, it is adequate” in Germany and the UK’s “That’s brilliant!” (but it is likely that the UK offering was really meant to be sarcastic…).

Listen closely!

Cloudy With a Chance of Feature Obscuration

Vendor says, “For this next new feature let me explain our thinking and rationale for development…” followed by “and here’s the underlying architecture, schema and data organization…,” which leads to “the seventeen options for configuration and set-up,” “the three different ways of accomplishing the same task” and the “hundreds of pre-built templates and reports we’ve generated…”

The customer, reeling under this onslaught of verbal rubbish and useless details, wonders “Where is this going…?” followed minutes later by “When will this be over?”

Solution?  Start with what good things the new capability will enable – the relevant deliverables – and then offer explore it in as much depth as the customer is interested in seeing…!

Note that the affliction above often develops into a more violent and virulent form, known as…

Expert’s Disease

Many of us with technical backgrounds feel obligated to explain how things work – before providing the simple answer desired by the customer.  For example, your customer asks, “What time is it?”

You respond, “Well, in order to tell you the time, let me first explain how a watch works.  Now in this watch, the time is metered by a small quartz tuning fork that vibrates at a constant frequency – assuming, of course, that it is in a sealed environment, because the density of the surrounding medium will impact the actual vibration frequency.  Now the older manual watches used a coiled spring and an escapement mechanism, which operated on the principle of an impulse action and a locking action, actuated generally with either a pendulum (in large, standing clocks) or a rotating balance wheel and um… sorry, what was  your question again…?” 

A solution?  Answer the immediate question right away – and then test (ask) if your customer desires further elucidation.

Kinda, Like, Sorta, Ya Know?

As noted at the beginning of this article, the higher the job title, typically, the stronger is that person’s desire for vendors to be crisp, focused and precise with their communications.  Imagine the reaction of a 55 year-old Senior VP to a vendor saying, “And like here, kinda, are the types of reports that we, like, sorta do, ya know…?” 

Instead, be precise:  “These are three examples of reports you can produce with our tool.”  Much better!

The Content-Free Buzzword-Compliant Vocabulary List

In a demo, the vendor states, “Our powerful software is flexible, intuitive, easy-to-use and integrates seamlessly with your other tools.  Robust and scalable, your organization can enjoy the benefits of our best-of-breed world-class offering – the most comprehensive solution available.”

What have you learned so far?  Nothing, other than this person is clearly a talking marketing brochure (and that you may be able to declare victory in “Buzzword Bingo…”)!  Vendor credibility drops precipitously and the audience furtively starts to check email and the sports scores on their smart phones… 

Robust, Powerful, Flexible, Integrated, Seamless, Extensible, Scalable, Interoperable, Easy-to-use, Intuitive, User-friendly, Comprehensive, Best-of-breed, World-class – any to add to the list?

[Pet peeve:  “Most comprehensive”?  Impossible!  Something is either comprehensive or it’s not!]

A solution?  Convert these meaningless buzzwords to concrete, fact-based statements that can be supported by evidence – where the evidence is the capabilities and processes you demonstrate.

Faux Fictional Names

“In our demo we’ll be using the following characters for our storyline:

                Mary the Manager                        Andrew the Admin                        Ulysses the User
                Oscar the Occasional User          Ernie the Expert User                     Theodore the Third Party
                Sean the Senior Manager             Victoria the VP                               Alex from Accounting …”

This tactic has two drawbacks:

First, one of our objectives in a demo is to suspend disbelief – and anything that is obviously fake hurts our cause.  As a result, I don’t recommend fake names such as those above. 

Second, asking the audience to remember the relationship between “Mary” and her job title has the additional negative impact of consuming the (far too) limited number of memory slots we humans have available. 

Solution?  Use the wonderful pronoun (and its derivatives) “You”:

“So, here you would see the report you need to manage this process…”
“Your team would then receive this alert…”
“And here’s where you and your expert users could configure the system…”

Your objective is to build a vision in your customers’ minds that they are using the software.

Fabulous Phony Fictional Names

I’ve seen databases populated with the names of Hollywood stars, movie characters, comic-book creatures and sports figures.  Don’t.  Just don’t – it’s even worse than above and screams “fake”!

Encrispen!

Our demos need to be clear, concise and compelling.  To achieve this, we need to focus carefully on both what we show and how we present it. 


Copyright © 2014 The Second Derivative – All Rights Reserved. 

Monday, May 26, 2014

Demos – Showing Too Much: The Curse of the New Capability

Have you ever found yourself saying, “No, sorry, we don’t have the capability yet…” in demo after demo after demo?  That can be painful, particularly when you know it is something considered important by many of your prospects and customers.

Interestingly, however, a Great Demo! Workshop participant recently pointed out that once that capability is finally implemented, there is a very strong tendency to include it in every subsequent demo, whether it is of interest to the prospect or not! 


The result, of course, can make demos too long and appear too complicated.  The moral?  Treat every demo with every customers as a new situation – and focus on the Specific Capabilities needed by that prospect (whether or not they include that new capability).

Sunday, May 18, 2014

Logging In As “Admin” – Failure to Suspend Disbelief…

What are we telling our customers when we log in as “Admin”?  Given that one of our objectives in a demo is to “suspend disbelief”, an “Admin” login is telling the customer that the session won’t be real – it won’t reflect what typical users would see – and anything that is obviously fake hurts our cause.  Instead of “Admin”, I’d suggest that you choose a more user-oriented, realistic login (like your own name), whenever possible.

Sunday, May 11, 2014

Difficulties in Demonstrating Toolkit and Toolbox Software

Many organizations don’t describe their offerings as complete applications, but rather as toolkits or toolboxes – and very often struggle to find effective ways to demonstrate them and communicate value.  Toolkit offerings enable enormous flexibility, but may demand an ability to visualize what end deliverables might resonate with specific customers.

Consider the following toolkit list of components:
·         - The intelligent NXT features 32-bit microprocessor, a large matrix display, 4 input and 3 output ports, and Bluetooth and USB communication link
·         - Three interactive servo motors
·         - Four sensors: Ultrasonic Sensor, 2 Touch Sensors and the all-new Color Sensor
·         - Color Sensor has triple functionality: distinguishes colors and light settings, and functions as a lamp
·         - Easy-to-use software (PC and Mac) with icon-based drag-and-drop programming and 16 fun building and programming challenges
·         - All the elements (612 pieces) you need
·         - Personalize with the Sound and Icon editors
·         - Share your project files with your friends with the Pack-N-Go project packager
·         - Batteries not included

What could you build with this?  What solutions does this enable – what problems does it address?  Pretty tough!

We can take a lesson from a toy company:  Lego.  These folks have taken the concept of “a pile of bricks” – a toolkit– to a wonderful array of tangible, easy-to-envision deliverables.  For example, the toolkit listed above is the components listing for Lego’s Mindstorms robots:  “The NXT generation of buildable, programmable robots is here!”

And how does Lego help their customers visualize the end result?  They use Illustrations of the (very cool) robots that the kit can build.  Check them out here:  http://shop.lego.com/ByCategory/Product.aspx?p=8547&cn=389&d=292.


These same ideas can be applied to Vision Generation demos for toolkit and toolbox software:  generate and present Illustrations of high-probability end-results that your tools can build – and present them as examples for further exploration and discussion.

Sunday, April 27, 2014

"I Just Wanted To Close My Door..."

You know you are doing an excellent job in Discovery when your contact says, in response to a question from you, “Just a moment, let me go close my door…”  Clearly, he or she is about to reveal information that is sensitive – and you have earned sufficient trust for that information to be shared with you.  Delightful!

Monday, April 21, 2014

Remote Demos - Remind Your Customer to Turn Off Email / IM Alerts

I remind vendor teams to turn off their email and IM previews/notifications, both to avoid embarrassing situations and to look that much more professional – a Great Demo! Workshop participant recently noted that vendors should suggest the same to their customers. 


In other words, help your customers avoid distractions and the risk of anything confidential or personal bleeding through into a web meeting…!  (Don’t you love the horror stories, however…?)

Monday, April 14, 2014

Another Reason to Use a Discovery Document

Doing Discovery while working from a Discovery Document (a list of questions and/or topics you want to cover) enables you to relax and focus on listening to (and documenting) your customer’s answers to your questions – and frees you from trying to remember what questions to ask!

Wednesday, April 9, 2014

[Warning: Shameless Self-Promotion Alert] Great Demo! Public Workshop May 21-22

Our next Great Demo! Public Workshop is scheduled for May 21-22 in San Jose, California – Registration and additional information can be found at http://www.eventbrite.com/e/great-demo-workshop-on-may-21-22-2014-registration-8886783609?aff=cohan.

This is a 1.5-Day Workshop, with the first day focusing largely on core Great Demo! concepts and the morning of the second day addressing more advanced topics and techniques.  This is an excellent opportunity for individuals, small groups or for teams that have new hires.


Register using the link above or contact me for more information (PCohan@SecondDerivative.com).

Monday, March 31, 2014

If Everyone Says Their RFP Win Rates Are Really Bad Then...

It suddenly struck me, if everyone says that their RFP win rates are really bad, then … who’s winning all those RFPs? 

Hmmmm…  In addition to losing to competitors, is it possible that a large percent of RFPs end up as “No Decision”?  I wonder what percent of RFPs do end up as a “No Decision” result?

Either way, a few observations:

1.       What an incredible waste of resources generally expended on RFP responses that go no where (which we already knew)!

2.    Why aren’t more vendors choosing to NOT participate or at least “pull back” from RFPs where they know they are “Column Fodder” – and/or the RFPs are written with ludicrous non-real-world “use cases” that can’t be rationally addressed by ANY vendor?

3.  "Hope” must be a very powerful thing!  (In spite of enormous onslaughts of logic and measurement).


[Corollary – The old joke:  “Doctor, it hurts when I do this…!”  “Then stop doing that…”]

Thursday, March 27, 2014

Remote Demos - Who Else Is In The Room?

For Remote Demos (as well as face-to-face situations) I strongly recommend that you go around the virtual room and ask three questions, at the start of any demo meeting:

1.       What is your name?
2.       What is your job title?
3.       What would you like to accomplish in our session today?


In addition, for Remote Demos, a nice touch is to also ask of each named participant on the WebEx or GoToMeeting (or other online tool) participants’ list, “Anyone else in the room with you?”  This helps to reduce the possibility that participants are undiscovered or otherwise hiding in the virtual corners of the virtual room…!

Thursday, March 20, 2014

Let’s Talk About Value – Uncovering the Delta

To paraphrase Mark Twain’s comment about the weather, everyone talks about value, but very few people actually do something about it.  Clearly value is important:  Insufficient perception of value is one of the three main reasons that sales opportunities end up as a “No Decision”.

Value vs. Value

 “If you use our product, you’ll save time and money…!” offers the salesperson.  “Blah blah blah blah blah blah blah…” thinks the customer.

“When we spoke last week, I believe you said you are hoping to recover $250,000 annually as a result of addressing your problem”, says the salesperson…  “That’s right”, replies the customer, “that’s the kind of change I need to meet my objectives.”

Which approach is more compelling?

In the first case, the salesperson sounds like he is reciting from a marketing brochure and it clearly doesn’t connect with the customer (sorry, marketing folks…!).  In the second example, the salesperson had done sufficient Discovery to uncover the customer’s perception of the value – and the salesperson was simply reviewing that information to make sure it was accurate and had not changed since their last communication.

We can quickly understand three key ideas about value and value communication:

1. Specific numbers are much more compelling than word phrases
2. Customers’ numbers are much more compelling that vendor or industry numbers
3. The lack of sufficient value, as perceived by the customer, is likely to result in a “No Decision”

This last item is semi-obvious, but needs to be called out clearly:  There are typically three reasons why a sales opportunity becomes a “No Decision”:

1. The problem is not perceived by the customer as sufficiently important (not seen as a Critical Business Issue)
2. No critical date or compelling event 
3. Insufficient perception of value

Any one or more of these items that is lacking or incomplete increases the probability that the sales opportunity will be a “No Decision” result.  

Let’s explore “Insufficient perception of value” a bit further...

The Delta

Value can be easily defined as:  The difference between the way things are today vs. the way they could be or need to be with a solution in place, expressed in terms of a tangible number.”  In Great Demo! methodology, this difference is called the Delta – the tangible expression of the value of making the change, expressed in terms of specific units of time, people or money.

[While value can clearly include both tangible and intangible elements, the tangible elements of value are typically more important in a sales process.  Very simply, the customer cannot take intangible aspects of value to the bank, nor (typically) convince a CFO to invest $125K in software without a reasonable ROI analysis.]

Easy Deltas

Many Deltas are easy to uncover and communicate.  Consider the following brief portion of a conversation with a head of sales:

You ask, “So tell me, please, where are you with respect to your quota this year?”

He replies, “I’m currently at 72% of quota – $7.2 million out of $10 million – and we’ve got about 45 more days in the quarter…  I gotta find a way to get that $2.8 million gap closed!”

You smile, quietly, to yourself – the Delta is $2.8 million – a very compelling number!

Here are a few examples of easy-to-uncover Deltas:

- The difference between the project deadline and the current estimated completion date (the Delta is the number of days that the project will run over)
- The current number of leads converted vs. what was listed in the marketing VP’s quarterly goals (the Delta is the number of leads needed to meet that goal)
- Current bookings vs. quarterly quota for a regional sales director (the Delta is the revenue $$$ needed to meet quota)

The two types  of questions to ask in these cases are:

1. Where are you today?
2. Where do you need to be?

Easy Deltas!

Operational Deltas

Many operations-oriented Deltas can be uncovered during Discovery, conversationally.  For example, the customer says, “It takes us forever to complete this process today…!”

You respond, “Sorry to hear this – tell me, how many people are involved in the process today?”

“20 folks” is the reply.

“And how often does this process take place?”

“Every week”, says the customer.  

“So that’s about 50 times a year”, you comment.  “And on average, how much time does each person on the team spend each time this process is done?”

“Hmmmm – I’d say about one and a half days, on average”.

Doing the math:

20 people x 50 times per year x 1.5 days each time = 1500 person days

You offer, “So, it looks like this is currently consuming 1500 days each year of your team’s time.  What would you like it to be, or what does it need to be, to feel that you have solved the problem?” 

Customer replies, “Good question – if I could just reduce this to a half day per person, I’d be a hero to my team and I know I’d meet my objectives…”

Ah ha!  Doing the math again:

Current Situation: 20 people x 50 times per year x 1.5 days each time = 1500 person days
Desired Future 20 people x 50 times per year x 0.5 days each time =   500 person days

Subtracting 500 from 1500 you get (everyone say it together) 1000 person days – that’s the Delta.  That’s the difference between the way things are today and the desired future state with a solution in place – and the numbers came from the customer’s lips!
Two notes on this:

1. When you comment that “It is currently consuming 1500 days each year…” many customers will say, “Wow, I had no idea the problem was that big!”  What a great way to help move a customer’s perception of problem from simply a Business Issue to realize that it is, in fact, a Critical Business Issue!

2. Customer says, “if I could reduce this to a half day per person…” you may know that your solution could complete the task in 10 minutes – but whose numbers are they?  Give yourself the ability to set expectations reasonably and the opportunity to truly delight the customer when they realize (later on) that 10 minutes is all that is needed.

And a moral, coming in the next section…

When to Explore the Delta?

When many sales teams hear a customer admit “pain” in a Discovery conversation, the sales people think, “Ah ha – we have uncovered the problem, so now we can present a solution…!”  Truly great sales teams hold back at this point and, instead of offering a solution, ask a few more questions.  When you hear any of the following phrases from your customer, consider each as an opportunity to explore the Deltas:

“It takes us forever to get this done today…!”  
   [How many people, how often, how long?  What would you like it to be?]
“We have too many people focused on this…”  
   [How many people, how often, how long?  What would you like it to be?]
“We have considerable project overruns…” 
   [How many projects, how much overrun?  What does it need to be?]
“I can’t get this done with the current staff.”  
   [How many staff today, how many extra are needed?]
“We do far too many unsuccessful demos…”  
   [How many people, how many demos, how long…]

The moral?

Any time you hear the customer admit “pain” it represents an opportunity to explore and uncover one or more Deltas for that pain.  Don’t let those opportunities escape!

Translating Value to Value

There are three interchangeable expressions of value:  Time, People and Money.  These are simply three ways of expressing the consumption, redeployment or liberation of resources associated with solving a problem.  Generally speaking, people at different levels of an organization perceive value through different filters, aligned with these three parameters:

- High Level (e.g., C-level, SVP, VP):  these people are typically most interested in gaining or saving Money.  (Which is why a CFO needs to see an ROI analysis before she will agree to move forward with the purchase of $125K of software – intangibles are rarely applicable.)

- Middle Level (Sr. Directors, Directors and Middle Managers):  while arguable, these folks are typically concerned with People resources.  For example, most middle managers at budget time will say, “I need more people…!” 

- Low Level (e.g., staff and individual contributors):  “I just want to go home on time…!”  Here the team’s concern is Time – a few hours saved so that they can focus on other, unaddressed tasks, for example.

So, when discussing value, we need to articulate it in alignment with the person we are speaking with.  

For example, we uncovered the following information in Discovery:  Solving the problem will save 20 people 2 hours per person, per week – and the fully burdened cost of each employee is $150K.  If we translate for each of the above players, we would communicate:

- High Level:  $$ saved or gained annually [20 people x ¼ Day x 50 weeks per year x 150K / ~250 working days per year] = $150K annual savings

- Middle Level:  # of People redeployed [20 people x ¼ Day x 50 weeks per year / ~250 working days per year] = 1 FTE that can be redeployed to other, more productive tasks

- Low Level:  Time saved = ¼ Day each time the workflow is executed

Who’s Numbers?

Let’s go back to our starting point in this article:

“If you use our product, you’ll save $250,000 a year…” says the vendor to the customer – and the customer looks skeptical, but doesn’t say anything.  Ever see this happen in a demo meeting?  Very simply, vendors’ numbers are the least believable, in the mind of the customer.  

So who’s numbers are most believable?  The customer’s numbers, of course.  That’s why it is so important to stay in “you” mode when reviewing Discovery information with a customer at the beginning of a demo:

“I believe you said you are looking to save $250,000 a year – is that still correct?”  Much stronger!

What if you were unable to get specific numbers from your customer – who’s numbers are next best?  Other, similar customers – organizations that are perceived as peers to your target customer.  Their numbers are next best and can be very compelling, particularly for Vision Generation demos or during Discovery conversations:

“Other customers that we’ve worked with, who are very similar to what you’ve outlined to us so far, reported that they were able to save $100,000, $200,000 and sometimes as much $300,000 each year…”

Who’s numbers are next on the list, lower down?  Industry and analyst numbers – Gartner, for example.  The value of these numbers is pretty low, however, since they represent broad swaths of customer types, sizes, and geographies.  Not particularly compelling for an individual customer.

And who is at the bottom of the list?  (Let’s all say it together) The vendor’s numbers.  These are, without question, the least believable by customers:

“We calculate you’ll save $250,000 each year…”  The result?  Disbelief and skeptical looks.  

[Corollary:  Customers that present their own Situation Slides that include their own numbers are the most compelling of all!]

Note also that vendor-generated “ROI Calculators” and “Value Calculators” suffer a similar fate.  Even though the customer may plug in his own numbers, the calculations have been done by the vendor, which makes the results suspect!

Value Realization

Have you ever made a major software purchase (that required senior management or board-level approval)?  What happened the moment you issued that purchase order – and when was that pressure finally released? 

That pressure is finally lifted when the person who made the purchase enjoys a value realization event – some kind of small victory where value is recognized – which can be broadcast through the organization to validate that the purchase was indeed worthwhile (and worth value).  Note that this is not the point in time where the full ROI of the solution is enjoyed – it is simply one small success.  

Consider the following:

- Typical sales people pursue the process through getting the order.

- Good sales teams follow it through the implementation and the “Go Live” date.

- Truly great sales teams track the process all the way through the point in time where the buyer is able to “declare victory” – the point in time where value is realized.   

Building this “Transition Vision” with the customer of how the customer will move from their current painful situation through “Go Live” all the way to a Value Realization event is part of doing Discovery – and the vendor that does this well enjoys a distinct competitive advantage over vendors that do not! 

That suggests a few additional Discovery questions, such as:

“How will you measure success?”
“How will you measure an initial success?”  [This is better phrasing for a “small victory”]
“What key milestone or change are you looking for after deployment?”

(By the way, the point in time where initial value is realized for the customer is also the point in time when the customer becomes a reference – and the astute reader recognizes that vendors should go back to their customers at the point of value realization and collect this information…!)

Back To Twain

So everyone talks about value, but very few people actually do something about it.  You and your organization can join the few who uncover tangible expressions of value – right from your customers’ lips – and reduce your “No Decision” numbers…!