Product Demonstration
Marketing entails a wide range of strategies by companies. The approve a firm takes in making its product known to people may depend on among others, the nature of the product, availability of advertising funds and the target audience. In recent years, companies have adopted demonstration as one of the tools to boost sales especially in cases where the manufacturer has high quality products. Demonstration helps you to win potential customers who could be interested in your solutions. Through demonstrations, you also get to address the concerns of prospects, thus increasing their likelihood of purchasing your products.
Through product demonstration, you also stimulate the interest of customers. Unlike other advertising tools, demonstrations have the visual support to enhance the sales of a product or service. It gives prospects an opportunity to experience the value and potential of the product before they decide to make a buying decision. It works well if the product has special design features, which set it apart from others. Demonstrations of this nature are common when dealing with fashion and furnishings. Here, prospects are convinced to buy your product because they can see, feel, and smell what you have on offer for them.
Another purpose of product demonstration is that it conveys ownership of the product or service. When a demonstration is successful, it instills a sense of ownership in potential buyers and existing customers. For example, car sales executives usually allow prospects behind the wheel to have a taste of how it would feel owning the car for the rest of their lives. Free trials therefore allow prospects to experience ownership of the product without paying a single cent. It is a persuasive and effective approach as it allows prospects to experience practical purpose of the product.
Demonstration further provides proof of your products. Common proof devices used by companies to lure prospects include samples, videos, pictures and brochures of the product. These devices are vital as they offer support to what you say about the product. However, buyers always have a prefixed notion that companies always only say positive things about their products and services. Thus, some buyers have a built-in distrust for companies doing marketing. It therefore follows that demonstrating how your product works is necessary in debunking misconceptions about the product and clearing concerns among prospects. Oftentimes, buyers could be have distorted and inaccurate information about the product. Demonstrations therefore help to clear such doubts, leaving the buyer to make sober buying decisions.
To conduct a successful product demonstration, you must know your product. It is saddening that most salespeople put emphasis on stylish presentation as opposed to mastering the product. The main area of concern ought to be demonstrating how the product works with clarity. With a clear and informed demonstration, the prospects feel better and comfortable with every element of the product including what every button and links does. Thus, companies should use competent presenters who understand the functionality of the product holistically. To achieve this, the presenter must practice the presentation to be familiar with every element. It is important to run through the presentation several times before the d-day.
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http://www.entrepreneur.com/article/58556