Product Demo 101: Learning the Basics
What’s one of the best ways to convert potential clients into paying customers? Aside from pitch decks where you get to wow your audience, there’s another scenario where you can achieve the same results. Imagine it: You already have a prototype of the product you’re trying to market, and you’re looking for people who will gladly take your offer; you think an amazing deck won’t be enough, so you decide to take things up a notch and do a demo.
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However, you don’t know the first thing about product demos. Sure, you’re a rock star when it comes to pitches and public speaking, but demonstrations can be different. For one, instead of handling two important elements—yourself and your deck—you add one more: your product. And balancing that act can be stressful, especially when you’ve got hundreds of eyes staring at you and you know that a lot is at stake. Another is that there’s a new dynamic in audience engagement, a level that places you closer to them—and them to you and your product.
Look at the bright side, though. If you do remarkably well, then you’re sure that your audience will take a good, long, hard look at your product. And when they like what they see, they might just want to have your offer. Then, you’re on your way to closing deals left and right. But that is if you do remarkably well.
So, how do you go from A to Z of a product demo? What can you expect from showing off your product in front of a live audience? Are there even benefits to doing so? How do you even begin preparing and how do you start off a demo? Let the following infographic tutor you on the basics of a product demo, and the dos and don’ts during the proverbial curveballs during your time onstage.
Resources:
Kokemuller, Neil. “The Purpose & Benefits of a Product Demonstration.” Chron. n.d. www.smallbusiness.chron.com/purpose-benefits-product-demonstration-55113.html
The Real Cost of a Poor Presentation
The truth may be more prevalent than you would like to admit, but it’s unhealthy to ignore the fact that there are good presentations, and there are also bad ones. If you could give an estimate, how many from the total number of existing presentations are poorly made? Around 50 percent? That’s a big number. Assume for a second that, around the world, there are over a billion PowerPoint files today. That’s 500 million at the very least.
With all the design and content tips littered all over the Internet about making the best pitch deck, you’d think that by now, everyone can create decent slides. But let’s not get too idealistic. PowerPoint is tricky to master, especially when you consider how people have different reactions to presentations in general.
Should you cater to their wants then? “Yes” would be a short answer, but it has serious implications for your succeeding attempts at presentation. For example, when you’re creating a pitch deck. You can’t make a one-fits-all since it’s practically impossible to create slides according to the preferences of every executive you’re looking to impress. It’ll be a mishmash of different styles, and that can be distracting.
Does it mean that this is a hopeless case? Of course not. The best you could do is minimize the negative effects of a bad pitch deck presentation, like death by PowerPoint. Other suggestions are doing your best to create the most visually appealing deck people will ever see or hiring a good team of presentation specialists to make awesome slides—as long as you avoid using poorly designed presentations. Why? Because you stand to lose more than just cash by crafting pitch decks or sales presentations sloppily. The infographic below will help you see that you shouldn’t be worried with just your profit margins because you put at risk something bigger than money.
Resources:
Griffith, Eric. “17 Tricks to Master Microsoft PowerPoint.” PC Mag. October 14, 2014. www.pcmag.com/feature/328357/17-tricks-to-master-microsoft-powerpoint
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3 Reasons Why Introverts Can Become Pitch Experts
Pitches aren’t only for extroverts who relish in collaboration and social encounters with the outside world. According to CRM specialist Russel Cooke, introverts are just as suitable for delivering a winning pitch. They have more processing time before they act, which can make for powerful pitches.
If you think you possess these traits, nourish them so that your business pitches produce positive results.
1. They Have Quiet Time
Introverts possess a different level of personal energy. Contrary to popular belief, they aren’t all antisocial hermits. Being an introvert simply means that you prefer to withdraw and recharge after a long day of interacting with others. This healthy amount of quiet time lets them reflect on events and opportunities, so they can more confidently execute tasks.
Challenge yourself to find alone time, like introverts do. Enjoy a little peace and quiet so you are in the right space to carefully plan your business pitch. This helps you prepare how to best convey your pitch idea to your intended audience.
2. They Challenge Themselves
Since introverts are contemplative, they often recognize and accept their own weaknesses and limitations. They’re more likely to work on self-improvement because of their insightful nature. Follow the introvert way and achieve your biggest breakthroughs by challenging yourself to overcome adversity.
A speaker who faces challenges and improves his pitching skills has a big advantage over those who don’t. Pitch experts didn’t reach their full potential overnight. It requires great effort and deliberate practice. The good news is that anybody can do it, with enough determination.
3. They Listen Closely
This inherent trait is closely connected with having quiet time and challenging themselves. Introverts have a calm and meditative attitude, making them good listeners. They keep the balance of quiet time and self-improvement through attentive listening.
While quiet time works well when listening to an audience’s response, the desire for growth also happens after receiving clever insights or negative feedback that drive you to push your limits.
Conclusion
Just because extroverts are more outgoing and comfortable in a group doesn’t mean they’re superior presenters. Introverts are able to focus more because they’re comfortable with planning in silence. They’re also more introspective, ready to admit areas they can improve in, and willing to challenge themselves into becoming better people.
Finally, they can more fully engage audiences because, being naturally quieter, they’re able to attentively listen to what the crowd has to say. People with introverted traits can also make a name in the pitch deck industry.
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References
Cooke, Russel. “Quiet Confidence: Why Introverts Make Great Leaders.” Small Business Heroes, October 13, 2014. Accessed August 24, 2015.