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CHAPTER 12 Creating Value with the Sales Demonstration 1.

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Presentation on theme: "CHAPTER 12 Creating Value with the Sales Demonstration 1."— Presentation transcript:

1 CHAPTER 12 Creating Value with the Sales Demonstration 1

2 Learning Objectives Discuss how sales demonstrations add value
Explain the guidelines to be followed when planning a sales demonstration Describe elements of an effective group presentation Develop selling tools that add value to your sales presentation Discuss the dynamic nature of adaptive selling

3 Six-Step Presentation Plan
Approach (Chapter 10) Presentation (Chapter 11) Demonstration Negotiation Close Servicing the Sale

4 Six-Step Presentation Plan
FIGURE 12.1

5 How the Sales Demonstration Adds Value
Adds sensory appeal Attracts customer attention Stimulates interest Creates desire for product

6 Strategic Planning Sets the Stage
FIGURE 12.2

7 Benefits of Demonstration
Improved communication and retention Proof of buyer benefits Proof devices Feeling of ownership Quantifying the solution Value proposition revisited

8 Guidelines for Demonstrations That Add Value
Develop creative demonstrations Use custom-fitted demonstrations Choose the right setting Check sales tools Cover one idea at a time and confirm agreement Appeal to all senses Balance telling, showing, and involvement Rehearse the demonstration

9 The Value Proposition The value proposition includes a mix of key benefits to meet the needs of the customer. This ad illustrates the three parts of Durkee’s value proposition: support, flavor, and performance. See the Website

10 Creative Demonstrations
Make features and benefits appealing Must gain attention and increase desire for product Create different ways of looking at problem and solution

11 Customize the Demonstration
Use custom-fitted demonstrations Relate to specific customer needs Do not over-structure Personalize the process

12 Customize the Demonstration
Bell Helicopter sales representatives have access to a sales configuration system that supports customizing the demonstration. See the Website

13 Choose Right Setting Demonstration location makes difference
Sometimes neutral ground, like hotel or conference center Other times in firm’s conference room Controlled environments free from distraction Keys to closing a large complex sale might include conducting a plant tour.

14 Check Sales Tools Ensure audio/video, computer tools/files are in working order

15 Cover One Idea at a Time Demonstrate one idea or feature at a time
Make sure customer understands each before moving on, pace evenly Make customer part of every step Need-satisfaction questions help move forward

16 Appeal to All Senses Try to involve all five senses
Multi-sensory appeals help involve prospect and build desire for the product Eberle Winery understands the importance of reaching the prospect through as many senses as possible

17 Appeal to All Senses See the Website

18 Balance Telling, Showing, and Involvement
Develop demonstration worksheet Demonstrations should be balanced and have variety—use worksheet to prepare Try to give prospect “hands-on” experience A Chinese proverb says, “Tell me, I’ll forget; show me, I may remember; but involve me and I’ll understand.”

19 Questions Involve the Customer
Asking the right questions can pique customer interest, build credibility, uncover greater needs, and solicit more accurate information. See for more information See the Website

20 Demonstration Worksheet
FIGURE 12.3

21 Rehearse, Rehearse, Rehearse
If you don’t rehearse, you court disaster Rehearse several times Videotape or role play for manager

22 Selling Tools for Effective Demonstrations
Quantify the solution (ROI) Product and plant tours Models Photos, illustrations, and brochures Portfolio of support materials Reprints of articles on product Catalogs show product line and specifications Graphs, charts, and test results Bound paper presentations Laptop computers and demonstration software

23 Computer-based Tools: PowerPoint
Can incorporate charts, graphs, images, audio, and video Often so common, familiarity level can be boring

24 Computer-based Tools: Spreadsheets
Spreadsheets excellent for organizing numbers to prepare quotes Also good for “what-if” scenarios Can be printed for proposal purposes Can convert numbers to graphs or charts

25 Computer-based Tools: Web-based Demonstrations
Showcase information using Web browser Can integrate data, voice, and video Can conduct question and answer sessions in real time Prospects can also view at their convenience

26 Computer-based Tools: Web-based Demonstrations
See the Website See how WebEx makes demonstrations over the Internet possible.

27 Elements of an Effective Group Sales Presentation
Rule One: Identify the titles and roles of those who will attend Rule Two: Check out the meeting room in advance Rule Three: Be sure your presentation is characterized by clarity and simplicity Rule Four: Anticipate questions and be prepared with answers

28 Audiovisual Presentation Fundamentals
Do not rely too heavily on “bells and whistles” Be sure the prospect knows the purpose of the presentation Be prepared to stop the presentation to clarify a point or allow questions At conclusion, review key points and allow prospect to ask questions

29 Plan for the Dynamic Nature of Selling
FIGURE 12.4

30 Key Concept Discussion Questions
Describe how sales demonstrations add value Explain the guidelines to be followed when planning a sales demonstration Describe elements of an effective group presentation

31 Key Concept Discussion Questions
Develop selling tools that add value to your sales presentation Discuss the dynamic nature of adaptive selling

32 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2010 Pearson Education, Inc.   Publishing as Prentice Hall 12-32


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