Are your sales calls compelling and generating
“buy” decisions without a sweat? Or are they unfocused, inefficient,
meandering sales calls, where you’re not even sure you’re getting the
sale till the very end? Excellence is achieved when your presentation
is client-focused rather than vendor-focused. So you won’t have to
sweat the process in the future, here are 7 Secrets to
Effective Sales/Demo Presentations.
• Do your homework: Know why prospects
should buy from you.
Before the sales call, identify what information you need about the
buyer’s current situation to determine the need for your
product/service. How is the current solution inadequate? What pain does
the prospect experience which a better solution could alleviate? What
benefits would the prospect like to get from a new solution? Which
gains would motivate the user to take the risk and start using your
product?
Ideally, you know all this before the sales call,
so you can use the initial client-focused Needs Assessment stage to
validate assumptions. Remember, people buy for both rational reasons
(it’s a better product) and emotional reasons (I feel this vendor is
really going to support me as our needs change). While validating the
assumptions, you need to help the prospect feel the current product’s
pains and appreciate the gains that an alternative product (yours)
offers.
Since it’s rare to have all this information
available before the initial sales call, your real homework is to be
prepared to collect it quickly at your initial meeting. This means you
need to analyze your other customers’ experiences and develop an
educated guess as to which pain and gain points are most applicable to
the prospect. Write out a list of the issues you want to explore in
advance of the meeting, so you know which ones to ask. There’s nothing
wrong with having the Needs Assessment Form in front of you to guide
you; in fact, in fact it sends a message of professionalism and
thoroughness to the prospect!
The order of the questions is important – because
they form the basis for building a persuasive presentation. As you
comment on the prospects’ answers, noting how your product avoids pain
points and offers the desired gains, you’re building your case. The
goal is to make the case cumulative and overwhelming – that you have a
solution which will eliminate many nasty pains and/or offer sought
after gains.
• Organize your Competitive Advantages,
so you can present them in an order which brings the client to the
natural conclusion: if the vendor’s products can really do all these
things, then we really should be using the product! This means you need
to know your entire product’s Competitive Advantages, group them by
those that go together, and present them succinctly and powerfully.
Remember, a truly client-focused presentation means only presenting
those which matter to the prospect. WINning means knowing What’s
Important Now.
• Build trust and confidence as you tell
your company’s story. Nothing speaks like success, and
relating relevant case studies make your points most effectively. The
key is to demonstrate not just what your company did, but how
it did it, because what the prospect is buying is your ability
to analyze problems and solve them in the future. So while having a
great client list and testimonials is very useful, demonstrating how
you went out of your way at 10PM to save the client thousands of
dollars is what builds confidence that you’re the ideal vendor.
• Counterpunch your competition,
without ever bad-mouthing them, so the prospect appreciates your
Competitive Advantages. For instance, if responsiveness is an important
feature and your company is the only 24/7 operation in the industry,
you can counterpunch the competition. “Many companies say they’re
available 24/7 to take your calls; that means they are taking your call
and passing on your request for help to the morning shift. Our firm is
open 24/7, which means our technicians are there to solve your problem,
even at 3 AM.”
• The Demo is really a Proof-of-Concept.
You should start the demo after you have a “conditional sale”, meaning
if you can demonstrate that your solution actually does all the things
you said, the prospect will buy. It’s your chance to reinforce the
most important buying points you’ve already made! (Unfortunately,
many sales people think that they are supposed to make their entire
presentation during the demo; this makes the sales demo take too long,
especially as there are natural interruptions and waters down
presentation’s impact.)
• Don’t let your sales kit distract from
your sales pitch. Have your sales kit available, but give it
to the prospect when looking at it won’t distract him/her from
listening to you (e.g., at the end of the sales call). Often a good
strategy is to let the prospect see it and know you will give it at the
end of the sales call.
• Ask for the sale. Know what
next step you want to take. If you’re selling a product, which will
require another meeting with people, be prepared to tentatively
schedule the follow-up meeting immediately. If the next step is to do a
test, set up a time to begin the test and an estimated time schedule
for completing it. If the next step is to have the person sign on the
dotted line, don’t forget to bring the contract and a pen!
We hope these points will help you close more
sales with greater ease. If you’d like feedback and training with your
sales/demo presentations, please contact JerryCahn@presentationexcellence.com
or 646-827-0009.