First hand look at the competition

Working a deal where we'd be replacing a small competitor of ours. Tried something new and asked them if they'd be willing to demo their current processes back to me (thus giving me a demo of the other solution), and they agreed. Not only does this give me tons of useful intel for my opp, such as challenges/pain points, what they love and want to keep, etc., but also getting a ton of competitor intelligence. Don't know why I never thought to ask for this, and I'm frankly kind of shocked they agreed to it, but I'm definitely going to be asking for this more often. Thought y'all might want to give it a shot!

๐Ÿ”Ž Prospecting
๐Ÿ‘‘ Sales Strategy
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18
Beans
Big Shot
7
Enterprise Account Executive
I did this before "I'd love to see your current workflow", they walked me through, showed their benefits and highlighted the perceived gaps. Made it very easy to justify the switch and increased cost with us.
antiASKHOLE
Tycoon
4
Bravado's Resident Asshole
That question /statement leads to a gold mine of information. I use it frequently.
jefe
Arsonist
4
๐Ÿ
I've...never done this either. It's awesome. Definitely had things like this described but never full on demo'd. Only related/integrated solutions, never competitive.
Thank you for sharing
CuriousFox
WR Officer
4
๐ŸฆŠ
HAAAARRRRYYYYYYY ๐Ÿ˜
HarryCaray
Notable Contributor
2
HMFIC
here for you bud
CuriousFox
WR Officer
2
๐ŸฆŠ
๐ŸฆŠโค๐Ÿฅƒ
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
I have never asked for a prospect to demo their current solution, but I often ask the to walk me through all types of processes. I find this exercise very helpful in id'ing pains and furthering my sales process.
HVACexpert
Politicker
1
sales engineer
Well done, will definitely keep this in mind.
AnchorPoint
Politicker
1
Business Coach
Interesting
Diablo
Politicker
1
Sr. AE
I try to get an understanding of how they are using the existing solution not necessarily demo but it helps you get a lot of insights
GDO
Politicker
1
BDM
That's really smart!
pirate
Big Shot
1
Account Executive
Wow this is clever. Never tried it
Sunbunny31
Politicker
1
Sr Sales Executive ๐Ÿฐ
This is such a great question to ask. Heck, even if itโ€™s a bespoke system and not a current competitor (which is a bonus), you get the opportunity to see the world through your prospectโ€™s eyes. Taking that time with them also shows your investment in them as well.
ApocalyBoom
Politicker
0
Account Executive
I don't ask them for the opportunity to give answers, but I often ask them to guide me in a different direction. I find this really helpful in alleviating pain and improving sales results.
5

Do you pick up the check all the time when you go out with your prospect until closing? Or is it just the first time?

Question
13
How often do you pick up the check?
19% Just the first time
76% Everytime
5% Why would I pick up the check anytime?
42 people voted