December 3, 2022

Tokatrehber

Committed to excellent business

How to Use Demo Videos in Your Technical Sales Cycle

September 9, 2022·6 min read

Demo videos are the way forward for any Solutions Consultant or enterprise sales team leader. Learn how to efficiently use demo videos to accelerate your technical sales cycle and close more deals.

I know from experience that scaling Solutions Consultants (SCs) and sales teams as a whole can be a challenge, as I have witnessed how it can take up to 24 months to fully mint a new Solutions Consultant. Demo videos are the solution for growing B2B software companies when scaling their enterprise sales teams and, in particular, their technical sales teams.

Due to the varied role, Solutions Consultants must be able to walk a prospect through a product demo, discuss in-depth challenges and scope solutions to those challenges. With such a long time-to-value, increasing headcount is rarely the answer for high-growth companies without the use of demo videos.

  1. Contents
  2. 1. Increasing Solutions Consultants’ Efficiency Through Demo Videos
  3. 2. Reducing the Number of ‘Wasted’ Demos with Demo Videos
  4. 3. Delivering More Client Value with Demo Videos
  5. 4. Demo Videos Provide More Time for Differentiation
  6. 5. Stakeholder Mapping Through Demo Video Analytics
  7. 6. Demo Videos Add Value

This is a challenge I was recently facing in my own organization. We needed to scale fast as well as increase our competitive advantage and regain control of the sales cycle. It seemed like an impossible task, but I looked towards utilizing demo videos in the sales cycle for the answer.

I, and many others, believe this will be the future of B2B sales. In fact, according to Vidyard, the use of video for sales has exploded in recent years as nearly 60% of teams are using video in their customer and sales conversations. Additionally, 51% of organizations are already using product demo videos in their sales cadences.

In this article, I will take you through my experiences in introducing demo videos to the technical sales cycle.

Sales Stuff Explained: How to Run a Virtual Software Demo Presentation

This episode of Sales Stuff Explained will show you how to prepare for and execute the perfect sales presentation and SaaS demo in just 10 minutes.

Increasing Solutions Consultants’ Efficiency Through Demo Videos

In order to scale our company fast, the first point of focus was to increase the efficiency of our SCs. This would allow us to cover more opportunities in the market without increasing headcount.

Many organizations will recognize this challenge; you have a brief discovery (or needs analysis) call with a prospect and this leads to a fairly standard demo video, showing off all the best functionality of your product. The demo goes well, but the opportunity ultimately goes cold.

Perhaps the demo wasn’t properly tailored to the prospect’s needs? Perhaps you only had contact with a single stakeholder? Either way, the opportunity has exited the sales cycle and the effort spent on the discovery and demo has been wasted.

What proportion of demos are wasted like this? How many opportunities exit the sales cycle after the demo stage? 30%? 40%? More?

That was when I began exploring the introduction of video into the demo process. I decided that we could send out high-level demo videos of our product before the live demonstration. Of course, these videos had to be tailored based on the discovery call, showing the elements of the solution that will be most valuable to the prospect.

Learn from the Pros

Here is an example of a 3-minute demo video of the functionality of live streaming in Vidyard.

Gathering analytics on who has watched the demo videos, can act as a secondary stage of qualification. If a prospect can’t spare the time to watch a 15-minute video, then maybe you need to change your messaging, pain point angle or video length.

Reducing the Number of ‘Wasted’ Demos with Demo Videos

The impact of this for us was tangible and real. As I’m sure is the case in many organizations, SCs are a finite resource. Account Executives are vying for the best resources they believe are required for their opportunities. This can often pose a challenge where we are looking to ensure the right resources are being assigned to the largest, most strategic deals.

By introducing demo videos into the enterprise sales cycle, we are able to use them as a new stage of qualification. We now only allow SCs to perform live demos after both a remote prospecting discovery call has taken place and all stakeholders have watched the 15-20-minute overview demo video of the solution.

By weeding out these non-opportunities, it allows SCs to take a more valuable role in the organization. Rather than repeating overview demos for opportunities that may not be properly qualified, they can focus more of their time on the larger, or more strategic deals.

Learn From the Pros

The folks at PostBeyond created a great 2-minute product demo video to give their prospects some context before a meeting.

Delivering More Client Value with Demo Videos

As well as weeding out the non-opportunities, we found that sending demo videos of the solution before the live demo can result in other benefits. Stakeholders come to the demo meeting with a base level of education of what it is your product does and how it works. This means you can spend your valuable face-time on the most important areas for your prospect rather than giving a harbour tour of your solution.

It hit home for me what a game-changer the use of demo videos is in the following example.

I had conducted a discovery (needs analysis) call with a prospect and had sent them the relevant demo videos based on their requirements. Before going into the live demo, every single stakeholder had watched that tailored video. When I began the demo, I asked if they would like to see the main part of the solution again. They would have already seen this in the overview demo, but this was the bread and butter of the product which we would expect to cover in almost every demo.

Amazingly, they replied “No thanks”.

Instead, they had a list of questions based on the demo videos. I demoed only the areas that were most important to them in a very agile environment. Not only did this result in a highly tailored demo for the client, but it also created a far more conversational approach, which results in building all-important rapport with stakeholders.

Learn From the Pros

Matt Hall from Woodway UK made an unboxing demo video to show prospects where they’re going wrong with packaging, and how he can help. To double down he also used the Vidyard bubble feature over top of his unboxing video so that he could walk the prospect through the pitch.

Demo Videos Provide More Time for Differentiation

Most importantly, because SCs are no longer inclined to perform ‘harbour tour’ or ‘art-of-the-possible’ demos, they have more time to focus on the client’s specific needs as well as on the areas of the product which will help it stand out from the competition.

Ultimately, with stakeholders attending demo meetings having a base level of education of the solution, more time can be spent on covering the prospect’s questions, specific requirements and competitive differentiators.

Master video for sales with the Vidyard Video Selling Master Class

Master Video for Sales Master video for sales with the Vidyard Video Selling Master Class Learn the fundamentals behind effective video selling in our free 20-minute Video Selling Master Class. Take the Class