Garin Hess is a serial entrepreneur with over 20 years of hands-on in-the-trenches experience. ...
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The sales cycle can involve several different stages, including
- Prospecting
- Qualifying prospects
- Educating prospects and presenting product demonstrations
- Creating and extending proposal
- Closing the sale
The infographic shown below was created using data from Sunday Sky and Invodo regarding the costs associated with the sales cycle stage that involves educating prospects using product demos.
For more information about how to increase the conversion rate of customers in the education stage and how to shorten the overall sales cycle by spending less time doing product demos, please contact Consensus. We’re all about helping companies to demo less and close more.
FAQs on Optimizing Sales Funnels
How to measure demo effectiveness in enterprise sales?
To measure demo effectiveness in enterprise sales, track both engagement metrics...like views, completion rates, and feature interactions...and sales outcomes such as influenced pipeline, deal velocity, and win rates. This helps connect demo activity directly to revenue impact. It’s also important to analyze account-level engagement and stakeholder participation to see how demos are shared across buying groups. Integrating demo data with your CRM provides a clearer picture of which demos drive deals forward and where to optimize.
What is the best interactive product demo software?
The “best” interactive product demo software really depends on your use case, sales motion, and level of complexity...there isn’t a one-size-fits-all answer. That said, Consensus is often considered a top choice for B2B SaaS teams because it combines interactive demos, video walkthroughs, and buyer intent analytics into one platform. It enables personalized, on-demand demo experiences that help prospects self-educate and accelerate sales cycles. Another good option is Storylane, which is widely used for creating interactive, click-through product tours that are easy to build and deploy across marketing and sales. It’s especially effective for teams focused on PLG or top-of-funnel engagement.
