Sales presentations are the cornerstone of many companies’ sales efforts, yet so often they aren’t given the time and attention they deserve. Thrown together at the last-minute, often your sales reps stand up in front of a sales presentation that's nothing more than a glorified page of notes. Read this article for everything you need to make the ultimate sales presentation.
To make a winning sales presentation you need a winning value proposition. A good value proposition will communicate the key reasons why your customers should engage with you and demonstrate why you have the right solution for a particular client’s problem. Not only does it help you distil the benefits into a few highly-concentrated doses for your presenters to communicate, but it makes those benefits much easier to remember for your audience.
The value proposition should be the hero of your presentation. It can be a great tool to differentiate yourself from your competitors, but before we get into writing our value proposition, we need to work out what kind of presentation we’re giving – what question we’re answering: why us? why change? or why change with us?
Take a look at the video below to learn how to get the basics right and set the right foundation for you to write your value proposition.
Once you have your foundation set, and you know what kind of presentation you’re giving, you can write your value proposition. There are essentially two ways to write a value proposition for a sales presentation. The first is the top-down value proposition process, and the second is the bottom-up value proposition process.
Top-down value proposition process
When to use it: Use the top-down process if working in a very large group, or where consensus is hard to build.
The top-down value proposition process for sales presentations is as follows, watch an explanation in the video below, or read the summary text:
- Brainstorm a list of possible answers to the question you need to answer for your prospect – “why us?” or “why change with us?” or “why change?” Don’t make the list too long as it makes the process harder to manage; you can always add things in later if you think of something worth including.
- Check that you aren’t missing any ideas for the brainstorm by thinking about your competitors’ weaknesses. Turn these items into positives for your list.
- Group items if they overlap significantly. Remove, or sub-divide, any items that ‘swallow’ all others up because they have been drawn too widely (e.g. ‘results’ or ‘quality’).
- For each item remaining on the list, give a mark out of ten for how much you think prospects care (or could be persuaded to care) about that item. Give 10 marks for items that are hugely important, and less than 5 for items that aren’t that significant for prospects.
- Then, for each item, give a mark out of ten for the relative competitive strength of your solution or type of solution. Compare yourself against your typical competitors, or the common alternative approaches. Award 10 if you are the only one able to do anything in the area; 5 if you are the same as your peers; under 5 if you have a weakness.
- Then, multiply the two marks together to get a score out of 100 for each possible value proposition item. The highest 3-5 are great candidates to be included in your value proposition.
- Then, filter the list. Take out any items that are simply ‘table stakes’ items – things that suppliers need to have, but that aren’t used as discriminators once it’s clear that they have them (e.g. financial strength).
- Remove items that aren’t provable (e.g. ‘great people’)
- Remove items that are self-defeating (e.g. ‘nice’ – sometimes, if you have to say it, people won’t believe it.)
- Then, check what’s left. Take the top 3-5 items, and that’s your value proposition.
Bottom-up value proposition process
When to use it: Use the bottom-up value process with smaller groups, or where a more iterative approach is required.
The bottom-up value proposition process is as follows:
- Write each argument for choosing your solution or type of solution onto a Post-It note. Here, we’re looking for features that others don’t have, statistics, reviews, awards – the sort of items that might warrant a slide in a sales presentation.
- Add items that are the converse of competitor’s weaknesses.
- Group the Post-It notes together thematically. Play around until you find groups that seem to work logically. These clusters of arguments form the basis for your value proposition. Not every Post-It note has to fit in a cluster; material can be placed into the introduction, or next steps, or excluded altogether.
- Name each cluster – the name becomes part of your value proposition, so make sure that they are persuasive.
- Then take out anything that is just ‘table stakes’, or not provable, or self-defeating.
Using a value proposition in a sales presentation
Once you have your value proposition, you need to sort the information into the right order. Sometimes, there’s a logical flow to the story – maybe one section contains material that explains how the solution works, so ought to be placed first. Some value proposition statements – things such as ‘future proof’ or ‘low risk’ often naturally fit at the end of the story, and should go last. It’s worth remembering that the first and last items in any list are remembered better than the others – so place strongest arguments there.
Use these items to structure your sales presentation into sections and present your material using the value proposition in order to make sure that your content is directly relevant to prospects and couched in terms of the benefits they will receive.
Each value proposition point will act as a section for your presentation, and all of the slides within that section should be proof points that justify your claim. Then in terms of a wider structure, after your introduction, your presentation should run as follows:
- Show the value proposition
- Prove how you can deliver each part in turn
- Close by recapping the value proposition and asking for commitment
For more insight into what should go into your sales presentation overall, check out this article on an effective sales meeting agenda. And if you want some handy tips on writing your introduction, have a read of this article on what to keep and what to leave out.
And if that isn’t enough, we’ve got loads more on our blog for you to read about sales presentations. Take a look at our ultimate guide for more juicy sales presentation insights.Leave a comment
DirectorView Joby Blume's profile
Sales presentations are important, but 1000s of people each day ignore the principles of sales presentation design and sales messaging and deliver material that is tired, ugly, and ineffective. These sales presentation ideas will help you to easily improve your sales presentation; stand out, engage your audience, and sell more.
We exhibited at a large trade exhibition a couple of weeks ago, and I went along to see what other vendors are up to. A lot of exhibitions are a desolate wasteland for exhibitors with nothing but tumbleweed and other vendors to stop the boredom. This show was actually pretty busy though, and by walking around l think I managed to notice things companies were doing (right and wrong). Some of these observations are surprisingly apt for sales presentations too...
It provides us with powerful presentation material to use again and again. This helps us get our message across and enhances our professional image.Joe Critchley Trade Extensions