Miller Heiman 2009 Sales Best Practices Study - Thoughts
Miller Heiman just released the results of their October 2008 study, which defines “World-class” sales organizations as being much more likely to achieve their targets.
The study shows that in World-class sales organizations:
- Sales and marketing are much more aligned to customer needs
- Consistently follow standardized processes to qualify opportunities
- Have a formalized, compelling value proposition
- Clearly understand customers’ issues before proposing solutions
In my experience, these same attributes apply to demos:
- Sales and marketing are much more aligned to customer needs:
Product roll-out and other marketing demos match well with real-life customer situations and are customer problem/solution oriented, as opposed to product/feature focused.
- Consistently follow standardized processes to qualify opportunities:
Software demos are viewed specifically in terms of (1) Vision Generation and (2) Technical Proof, as opposed to Harbor Tour Demos; demo need and preparation are carefully reviewed prior to presentation.
- Have a formalized, compelling value proposition:
Specific, tangible “Delta” measurements, based on customer specifics, are much more compelling than “This will save you time and money…” platitudes.
- Clearly understand customers’ issues before proposing solutions:
Thank you thank you thank you…! How can you possibly demonstrate a “solution” if you lack a sufficient understanding of the customer’s problem?
For more tips and articles on demonstration effectiveness skills and methods, email me at PCohan@SecondDerivative.com or visit our website at www.SecondDerivative.com. For demo tips, best practices, tools and techniques, join the DemoGurus Community Website at www.DemoGurus.com or explore our blog at http://greatdemo.blogspot.com/.
2 comments »
Axel Schultze
Disappointed
Peter, you asked for thoughts? I have to say I'm very disappointed from that "Study".
Does it take a study to find out "that in World-class sales organizations are much more aligned to customer needs"
Then it says "Consistently follow standardized processes to qualify opportunities" I just can't believe that somebody is even writing this other than somebody who like to get people to their training.
It is 2009 - and we have a depressive recession where customers are HUNGRY for recognition, for companies LISTENING... And we find the "Standardized Processes" so important?
And then:
- Have a formalized, compelling value proposition
- Clearly understand customers’ issues before proposing solutions
Wow - is that news to anybody who is in sales for more than a week?
I was wondering if I should even comment on that - but hey there are probably more people who just repeat what they have been told for 20 years without even noticing that nobody is listening. I listen and state my opinion. I hope your organization is doing better than that. See my post about "Death of a Salesman - Version 2009" on Social Media Today.
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