Peter Cohan

Miller Heiman 2009 Sales Best Practices Study - Thoughts

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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/.


Peter Cohan

Peter Cohan is the founder and principal of The Second Derivative, focused on helping software organizations improve the success rates of their demos. In 24, he enabled and began moderating DemoGurus®, a community web exchange on software demonstrations. He is the author of the book Great Demo! - how to prepare and deliver surprisingly compelling software demonstrations.
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2 comments »

Axel Schultze

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.

@AxelS

Peter Cohan

Peter Cohan

You Are Correct...!

Axel,

Your observations are fiercely accurate - and yet: many organizations DON'T listen well to their customers; many sales people DON'T seek to understand or communicate the value proposition; many sales teams present solutions (demos, for xample) before they have a sufficient understanding of the customers' problems...

Peter E. Cohan
The Second Derivative
1538 Winding Way
Belmont, CA 94002
Telephone: +1 650 631 3694
Email: PCohan@SecondDerivative.com
www.SecondDerivative.com
www.DemoGurus.com

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