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unforgettable demos 🦋
Effective sales demo techniques + frameworks
unforgettable demos 🦋
Daily Sales Newsletter September 05, 2024 |
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Hey, this is SalesDaily. It delivers sales insights like pouring coffee into your cup – strong, invigorating, and ready to get things done.
In today’s issue:
Gal Aga: Sell the way buyers want to buy
Ethan Smith: How I increased my close rate
David Weiss: Effective demo framework
Brian LaManna: Exec demos need to be different
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Sell the way buyers buy
Gal Aga attended over 100 sales demos as a buyer. He highlights six ways to stand out and why most demos fail to make an impact:
Engaging introduction
Skip the deck and small talk.
Create a genuine connection quickly.
Clearly align on demo expectations and show preparation.
Thoughtful reflection
Avoid BANT checklists and generic phrases.
Have a conversation that prompts the buyer to ask hard questions about their business.
Help the buyer structure their understanding of the problem they're trying to solve.
Valuable slides
Focus on discovery, not logos or awards.
Frame problems, trends, and solution approaches.
Create slides that can be easily incorporated into the buyer's internal business case.
Effective discovery
Don't rush through discovery to showcase features.
Use questions and slides to demonstrate understanding and fit.
Make the buyer feel confident in the solution and partnership before the demo.
Targeted demo
Avoid feature dumps and focus on capabilities that directly solve the buyer's problems.
Allow time for discussion and addressing concerns.
Controlled call
Treat the call as a top priority.
Allocate time for a strong wrap-up, including a value validation question.
Share ideal next steps and leave time for discussing the buyer's process.
Increase your close rate
Ethan Smith maps out his successful demo strategy that boasts a 90% close rate. Here's how he does it:
Limit the screenshare
Wait 8-10 minutes before sharing your screen.
Reaffirm the prospect's pain points first.
Share the screen briefly to show the solution, then stop sharing.
Use this to spark a conversation and maintain engagement.
Repeat for each pain point to keep the dialogue active.
Use open questions
Avoid closed questions like "Does that make sense?" or "Any questions?"
Instead, ask open-ended questions like, "I showed you that feature as I believe it could add value—do you agree?"
Closing the demo
Identify clear next steps based on the conversation.
Ask, "What would it take from your side to move forward?"
Address any questions about next steps or onboarding.
If the response is positive, schedule a follow-up meeting or onboarding session.
The art of the cinematic demo
A while ago, David Weiss shared his effective demo framework called the "Cinematic Demo." This approach is simple, memorable, impactful, and focused on the buyer.
Here’s how to execute it:
Preparation:
Identify features that solve specific buyer problems.
Break these into separate stories and talk tracks, called "Demo Fragments."
Execution:
Step 1: Hot opening
Recap the buyer's problem and the impact of solving it.
Promise to show how you will solve it, focusing only on their main issues.
Step 2: Demo with Tell-Show-Tell
Start with a strong Demo Fragment.
Explain the problem, show the solution, and discuss its impact.
Encourage discussion on the solution's effectiveness and implications.
Step 3: Repeat
Apply Step 2 to all relevant problems and fragments.
Step 4: Conclusion
Leave 10-15 minutes to confirm solutions and discuss impacts.
Identify others who should be involved.
Plan further evaluations and book next steps.
TO-GO
Brian LaManna: Your C-Suite / Exec demo needs to be different
Kyle Asay: 3 three-step fix for the ultimate demo dilemma
Rory Sadler: The most common mistake people?
Chris Orlob: 7 questions to ask at the END of your demo
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Check them out!
QUOTE OF THE DAY
"Don't show products; present SOLUTIONS."
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Don’t be that guy 😂
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