Understanding Before Proposing Solutions

Posted by Peter Cohan on January 4, 2010

0 comments | 1187 reads

We all know that we need to gain a sufficient understanding of our customers’ needs and specific situations before proposing solutions – and before presenting most demos. Here’s an additional reason to do this:

Miller Heiman, Inc. reports in their Executive Summary of their 2009 Sales Best Practice Study that 93% of “World Class” vendors vs. 50% of “All” vendors do “Clearly understand our customers’ issues before we propose a solution”. “World Class” organizations achieved stronger results in five areas measured:

- Average account billing
- Sales force quota attainment
- Number of qualified opportunities/leads
- Customer retention
- Forecast accuracy

Not surprising…!

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 the Great Demo! LinkedIn Group, 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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