The
Fate of the Red Delicious...
...and how to avoid a similar trap
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The Red Delicious
started out red and delicious, and ended up thick-skinned, mushy,
and flavorless. As a result, it lost its #1 position in Appledom.
Why? |
Because the growers,
distributors, and retailers engineered it for themselves, not the
buyers!
A sad saga
The Red Delicious apple emerged from
an Iowa orchard in 1880 as a round, blushed yellow fruit of surpassing
sweetness. Now, of the two words in the name, only one can be believed.
What happened? Lee Calhoun, an apple
historian and retired orchardist in Pittsboro, N.C. says, “They
eventually went too far and ended up with apples the public didn’t
want to eat.”
Presentations are apples
For a bushel of reasons, many tend
to create presentations in the same way—for the presenter’s
benefit, not the listeners’. We tend to make our talks about
us, not about them.
Our sales talks boast of our accomplishments.
We tend to design our presentations to demonstrate the extent of
our research rather than the results and implications of our research.
Our presentations are too long. We
use our visuals as teleprompters. We fail to take into account how
people absorb information while listening.
The right place to start
A more effective approach is to start
where they are, not where you are.
I recently worked with a pharmaceutical
consulting firm presenting new research on best sales practices
in response to Medicare Part D. The client’s draft presentation
began with, “We recently completed a statistically relevant
study of the impact of the MMA and the response by the pharmaceutical
industry,” or words to that effect.
Notice,
it’s all about them, not about the challenges their listeners
were facing.
My suggestion
I suggested they start with the story
of change and the problems it caused, then offer their research
as a targeted solution to the problems their audience faced. I asked
if something like this might work:
In late 2005, the healthcare market
was abuzz with the advent of Medicare Part D. It brought the possibility
of new markets, and most companies spent considerable time and money
training their sales reps for the new opportunity.
Few companies, however, have yet
seen a return on that investment. Although the market changed, sales
practices did not. Formulary wins have not necessarily led to increases
in market share. Formulary messaging to prescribers has remained
ineffective.
As a result, what could have been
a promising new market has not reached its potential.
The report you are about to hear
points the way to success. You will learn what most reps are doing
wrong, and what effective reps are doing right. And you will learn
what you can do to succeed in this new, more complex marketplace.
What’s changed?
This approach makes the audience—those
in charge of a pharmaceutical sales force—the heroes in the
middle of a struggle to adapt to a new market.
This works because it is engineered
for the audience, not the speaker. The presentation is not about
the research, it’s about the problems the audience faces and
how they can solve them.
It also works because it shows that
the speaker understands the audience’s struggles. This enhances
the speaker’s credibility.
Know your audience
The audience in this case is the pharmaceutical
decision maker, and the one thing he or she has overdosed on is
data.
Much better to take them by surprise
by dramatically presenting the situation they find themselves in,
the money they’ve invested and the opportunity they’ve
lost.
Once they feel the pain, they are motivated
to listen, to drill down into your data, and engage with you, the
speaker. They are emotionally, as well as intellectually involved.
And that means they will value the presentation more highly.
All about them
Children purr with pleasure when their
parents tell them stories about themselves. They delight in the
love and attention—to see themselves as characters in a story.
Business audiences purr when speakers
tell them stories about themselves too. They enjoy being the center
of attention.
Avoid the apple’s fate
Design your presentations for the audience,
and you’ll avoid the dismal fate of the Red Delicious Apple!
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