How to Sell Digital Signage - Step-by-Step Sales Techniques for Intel Technology Providers

Page created by Martin Armstrong
 
CONTINUE READING
How to Sell Digital Signage
Step-by-Step Sales Techniques for Intel Technology Providers

March 2013

INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
Digital Signage: A Rapidly Growing Market

                                                                                 2015
                                                                          22 million displays

                                                   Today 2 million+
                                                  networked out-of-home
                                                         displays

                                      digit annual growth
                               Double-digit
                               Double

    $7 billion in annual revenues

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
2
Digital Signage: Applications Are Growing

    Digital advertising                    Wayfinding kiosks   Check-in & search    Gesture windows   Shelf media

    Touch/gesture walls                     Smart workforce    Interactive tables     Check-out        Big media

      INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
3
Resistance to Buying
    Even in a growing market — every sale can be a challenge

      He resists
        change:
                                                                            His company
     “Our current                                                           is in flux and
      signs and                                                             struggling to
     posters work                                                           figure out its
      jjust fine.”                                                            next step
                                                                                    step.

      He thinks
    they are just                                                              He’s NOT
     displays for                                                             in IT—and
    showing ads.                                                              does NOT
                                                He’s done      He’s in IT       want IT
                                                   a lot of     and not        involved.
                                               homework:      happy about
                                              “I know what      another
                                                  I want.”      project.

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
4
Making the Sale / What’s Required

                                           1. Knowledge
                                      Big retailers use digital signs in their stores. So do small businesses, schools, colleges, hotels,
                                      restaurants, sports/entertainment complexes and more. Get to know specific markets—the
                                      l
                                      language    andd hot
                                                       h t buttons—in
                                                           b tt        i order
                                                                            d to  t sell
                                                                                       ll effectively.
                                                                                           ff ti l

                                           2. Education
                                      Digital
                                        g     signage
                                                g g is familiar to most p
                                                                        people,
                                                                            p but not well understood. The technology   gy is evolving
                                                                                                                                     g
                                      (displays, media players, software) and so are the form factors: traditional signs, touch screens,
                                      kiosks, embedded signs, menu boards, etc. Be prepared to educate your prospects and
                                      explain all the different possibilities for using it.

                                           3. WIFM
                                       You may be selling to the owner of a company, the head of sales/marketing, the CFO—or one
                                       person who does all three. IT may or may not be involved. A decision maker may have an A/V
                                       background. Be prepared to tailor your sales presentation to different hot buttons.

                                           4. ROI
                                      Digital signage is not just about flashy graphics and bells & whistles. It’s a significant investment
                                      that offers proven ways to increase sales, enhance customer experiences, turn inventory faster
                                      and much more. Talking technology alone won’t get you far—be prepared to talk value and
                                      bottom line impact
                                                    impact.

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
5
Choose Your Markets

        Retail is still the
        biggest, but other
        markets are large
        enough to deliver
        big potential and
        opportunities to
        specialize.
            i li

                                                  SOURCE: Northern Sky Research

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
6
Know the Industry Hot Buttons
    Match capabilities to specific industry needs
       Retail                                                      Medical
        •Shopper experience, ambience                              •Patient experience
        •Promote sales/merchandize effectively                     •Medical advice
           p
        •Upsell,, cross sell                                       •Ambience: Entertain while waiting
        •Drive inventory turn: Overstocks/Out of Stocks            •Ad revenue
        •Personalize the Customer Experience                       •HOSPITALS: Directions / Wayfinding Emergency
        •Bring “online experience” into the store; Enhance Sales    Alerts Paging Security
         Floor /‘Bricks & Mortar’
                                                                   Education
       Transportation Centers                                      •Student
                                                                    St d t experience
                                                                                  i
       •Traveler updates/scheduling                                •Campus Schedules/Event Information
       •Weather/news                                               •Directions / Wayfinding
       •Simplify directions/ wayfinding                            •Weather/ News
       •Ambience: Entertain while waiting / queuing                •Security Paging Emergency Alerts
       •Security monitoring, Emergency Alerts
       •Advertising                                                Banking / Financial
                                                                   •Client experience
       Hospitality                                                 •Promote offers, branding
                                                                   •Ambience/Queuing
       •Enhance Guest Reception/Guest Experience
       •Updates on meetings, events, local activities
       •Simplify directions / wayfinding                           C
                                                                   Corporate
                                                                          t
       •Drive traffic to facilities (spa, restaurants)             •Tenant experience
       •Weather/ News (Elevator/Welcome Boards)                    •News/weather
       •Menu Boards                                                •Ad revenue
       •Ad revenue                                                 •Menu Boards (Cafeteria)
       •Security                                                    Emergency Alerts
                                                                   •Emergency

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
7
Understand the Different Applications
    Different companies will use the same technology in different ways

                Classic                           Interactive Digital
                                                                        Mobile Interaction      Kiosks
            Digital Signage                            Signage

             Menu Boards                            Way Finding          Office Welcome      Guest Welcome

    INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
8
Be Prepared to Talk Value
        Replace Posters                         Sales Promotion              Ambience                       Branding               Customer Support

    •Streamline                           •More promotions based     •Enhance customer               •Continuous support for    •Enhance service by
     communications                        on, seasons,               experience                      brand via sign             providing more ways to
    •Lower costs                           demographics,             •Support sales                   placement, content and     learn, engage and
                                           inventory price
                                           inventory,                                                 interaction                interact
    •Respond faster to                     changes, etc.             •Entertain while queuing
     changing markets                                                                                                           •Support live
                                                                                                                                 sales/support

                                                                           Personalizing
                                                                                       g
      Targeted Promotions                           Advertising                                      Product Demonstrations      Directions / Wayfinding
                                                                           Experiences
    •Drive sales of                       •Earn additional revenue   •Use interaction and            •Use education /demos      •Simplify the customer
     overstocks, upsell                    by carrying 3rd party      analytics to target             to drive sales, enhance    experience
     customers with related                ads                        information and offers          support and service       •Drive traffic to increase
     products                                                         that enhance the                                           sales
    •Link signs to                                                    experience, build
                                                                      loyalty                                                   •Opportunity for
     inventory/POS                                                                                                               i t
                                                                                                                                 interaction
                                                                                                                                        ti and   d ads
                                                                                                                                                    d

           Customer                                                                                                                   Employee
                                              Monitor Operations              Security                  Emergency Alerts
         Demographics                                                                                                               Communications
    •Know
     K     patterns
              tt     by
                     b age,               •Get
                                           G t accurate
                                                      t counts,t     •Instantly
                                                                      I t tl know
                                                                                k     if activity
                                                                                             ti it   •Use
                                                                                                      U strategically
                                                                                                             t t i ll           •Use
                                                                                                                                 U sign i network
                                                                                                                                              t    k ffor
     gender, time                          monitor traffic flow,      is taking place “off            placed displays for        internal updates,
    •Use info for sales,                   behavior in key            limits”                         alerting                   training, security alerts,
     operations, traffic flow              locations                 •See patters of illicit         •Enhance safety,            etc.
                                                                      behavior—i.e., shelf            comply with regulations
                                                                      sweeping

      INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
9
Put It All Together

     Retail               Transport                   Hospitality      Medical        Education        Banking        Buildings         Religion

     Signs                  Signs                       Signs           TV              Signs          Signs           Signs              Signs
     Kiosks               Schedule                  Schedule/Menu      Signs        Schedule /Menu     Kiosks      Elevator Signs       Schedule
      POS                  Boards                      Boards         Kiosks           Boards                          Kiosks            Boards
                           Kiosks                       Kiosks       Elevators          Kiosks
                       Elevator Signs               Elevator Signs

   Promote              Schedules                     Welcome        Information       Schedules      Promote/         Paging          Information
Merchandize             Directions/                  Meeting Info        Ads          Information    Merchandize   Emergency Alerts   (Sermons/Hymns)

   Analyze              Wayfinding                   Directions /    Directions /     Directions /    Ambience      Menu Boards         Paging
 Personalize            Ambience                     Wayfinding      Wayfinding       Wayfinding       Queuing       (Cafeteria)       Emergency
   L b li
   Labeling              E t t i
                         Entertain                  Weather/ News     Ambience         Weather/        Analyze        W th /
                                                                                                                      Weather/           Alerts
    Demos                Queuing                         Ads         Emergency           News         Branding          News
  Branding               Weather/                     Security          Alerts        Emergency        Security      Emergency
   Training                News                                        Paging            Alerts       Weather/         Alerts
   Security              Security                                      Security          Paging         News             Ads
     Ads              Emergency Alerts                                                  Security     Emergency
Visual Paging               Ads                                                         Promote         Alerts
 Emergency                                                                                Ads
    Alerts

      INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
10
Tailor Your Message to Your Audience

                Owners                                      Sales

      Overall support                               Speed
       for the business
                                                     Availability
      ROI
                                                     Customizability
      Reliability
                                                     Personalization
      Scalability
                                                     Measurement

                    CFO                                 IT Manager

      Initial Cost                                  Performance
      Ongoing Costs                                 Reliability
      Savings                                       Integration
      Revenue potential                             Upgradeability
      Overall ROI                                   Easy to administer

      INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
11
Be Prepared to Be Judged on the Following

     Overall cost of the system                            5
     Cost of management and maintenance                    5
     Hidden costs                                          5
     Overall projected value (Revenue, Lower Costs)        5
     Manufacturer brand/reputation                         5
     Reseller reputation                                   5
     Longevity/Scalability                                 5
     Reliability                                           5
     Integrate with existing IT solutions                  5
     What
       at disruption
          d s upt o will the
                         t e installation
                               sta at o cause              5
     How easy is it to train our staff to use the system   5

      INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
12
Your Sales Presentation Needs to Address…
     Whatever solution you are presenting must be linked to what you have
     learned about the business objectives and issues.

     Business Objectives                           Business Issues                   Business Value

            More sales                               High cost of marketing            Enhanced Customer
                                                                                       Experience
            More customers                           Getting
                                                           g “mindshare” of
                                                     customers                         More brand/marketing
            More sales per customer                                                    exposure at lower cost
                                                     Standing apart from
            More sales per location                  competition                       More opportunities for
            More higher margin sales                                                   personalized messaging
                                                     Tailor messages to
            Lower operating costs                    demographics                      More sales, more sales per
                                                                                       customer/location
            More productivity from                   Lack of brand differentiation
            sales/support associates                                                   Fewer inventory write-offs
                                                     Fast moving product
                                                     cycles/inventory turn             More demonstrated
                                                                                       instances of cross-selling
                                                     Products are poorly
                                                     understood                        Lower rates of shoplifting,
                                                                                       security issues

     INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
13
Positioning Digital Signage Solutions

                        Basic                                    Mainstream                   High Demand

     Starter Solution:                                    Keep Growing:                 Competitive Edge:
      Plug & play package:                                Single player/multiple       Multiple players, multiple
       Single player/ screen                                screens                       displays (i.e., video wall)
      Content: still images, video;                       Content: HD video blended    Content: Extensive
       no real-time Video/Web                               with real time feeds          blending with real time
       feeds                                                                              feeds
                                                           Touchscreen input/mobile
      No audience analytics.                               device integration           Touchscreens, mobile,
                                                                                          gesture
      No in-house technical                               Audience analytics
       support needed                                                                    Proven reliability/
                                                           Options to expand             proven performance
      Options to grow—when the
       time is right                                                                     Investment protection

              TYPICAL PLATFORM:                                TYPICAL PLATFORM:              TYPICAL PLATFORM:
      Intel®     Core i3 or          Intel®        Atom           Intel®   Core i5               Intel® Core i7

     INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
14
Evaluating a Sales Opportunity
     Here are some of the key questions you can use to “scope out” a potential opportunity in digital signage. It’s important to start with a “big picture” approach. There
     will be plenty of time later to get further into the details of hardware and software selection.

1. What is the basic size and scope of the          5. What are your objectives?                      8. How you are going to manage your          11. (Cont.)
   digital signage solution you have in                Drive sales                                       content?                                     Content gets triggered by the
   mind?                                               Enhance brand awareness                           Locally             Centrally                 age/gender of the viewer
   Number of locations                                                                                   Centrally with a provision for limited       Other forms of interactivity:
                                                       Educate and inform
   N b off screens/display
   Number               /di l d devices
                                      i    per                                                           l
                                                                                                         localization
                                                                                                             li ti ______________________              _______________________________
                                                       Create a more sophisticated customer
   location
                                                       experience
   Identify other factors that will dictate the        Internal communications                        9. What screens are right for you?           12. How do you plan to measure the
   size and scope of your solution:                                                                      Floor-standing, poster-like stands            performance and ROI of your digital
                                                       Monetize your displays
                                                                                                                                                       signage solution?
                                                                                                         Monitors hanging from the ceiling
2. What is your timeline for implementing                                                                                                              Audience demographics gathered
                                                    6.What kind of content do you intend to              A video wall
   your solution?                                                                                                                                      in real time
                                                      show?                                              Interactive kiosks
   3 months                 6 months                                                                                                                   Awareness and recall surveys
                                                                                                                                                                                  y
                                                      Slid with
                                                      Slides  ith text
                                                                  t t and
                                                                        d pictures
                                                                            i t                          S
                                                                                                         Screens   embedded
                                                                                                                      b dd d iin other
                                                                                                                                  th d devices,
                                                                                                                                          i            conducted after the fact
   One year
                                                      HD video                                           such as gas pumps or vending
   Are there other activities that this is                                                                                                             Sales performance (e.g., sales data
                                                      Animated graphics (e.g., Flash graphics)           machines
   contingent upon (e.g., completing                                                                                                                   linked to the time when specific
                                                                                                         Other options: __________________             content is showing)
   construction/renovation on other                   Advertisements
   locations):                                        3D content (glassless)                                                                           Social media analytics
                                                      Live feeds such as from network TV or          10. Where do you intend to place display          Usage analytics
                                                      the Web                                            devices/screens?
3. Who are the major decision makers                                                                                                                  Other ways of measuring performance:
   who will impact this project?                                                                         Near entrances/exits                          _______________________________
                                                      Information drawn from internal
   CEO            CFO              IT                 databases (such as a calendar of events,           Check-out/point of sale areas
   CMO            Customer Service                    menu items, etc.)                                  Waiting areas                             13.How do you plan to manage your
   Other decision makers (e.g., line of               Information from external data sources             Aisle end caps                               digital signage network?
   business owners):                                  (such as weather, traffic, local news, etc.)       Out of doors                                 Asset management
                                                      Other:                                             Other locations:                             Software updates
                                                                                                                                                      Security
4. What is y
           your intended audience?                  7. How do you plan to create content?            11. What level of interactivity y are y
                                                                                                                                           you        Remote repair
                                                                                                                                                                 p and diagnostics
                                                                                                                                                                          g
   Customers           Visitors                        Use in-house resources                            looking for?                                 Other ways of managing your solution:
   Employees                                           Hire an agency                                    No interactivity—a one-way broadcast         _______________________________
                                                       Acquire ready-made content                        of information
   Other audiences:
                                                       Rely on the product manufacturer                  Touch-screen interactivity (single or     14. How many nodes will exist in a full
                                                                                                         multitouch)                                   digital signage network deployment?
                                                       Other content resources:
                                                       ______________________________                    Touchless interactivity (e.g., gesture-
Final Thoughts: Paint the Value Picture

      Your digital signage solution already
       “exists” in the mind of the buyer (i.e. a
       solution
         l ti th thatt will
                        ill solve
                              l hihis/her
                                     /h problems)
                                           bl    )
      To win the sale: create a matching vision
       between your solution and the capabilities
       it will deliver to solve those problems
      Paint a picture of what the customer’s
       world will be like after making the
       investment in your solution

     INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
16
The Ultimate Decider
     People make emotional buying decisions for logical reasons.
                                                        reasons

                          Emotion: Theyy get g                   Logic:
                                                                    g Theyy develop   p
                          excited about their                    a rationale to explain
                          ability to satisfy the                 or justify their
                          need that motivates                    decision
                          the change

                             Your job is to provide the logical basis (i.e., the value)
                                            for motivating the change.

     INTEL - CONFIDENTIAL, FOR INTERNAL USE ONLY
17
You can also read