Early vs Late Stage Prospect Communication Differences
Early-stage prospects need education and expectation-setting about your entire product category — they don't yet know what's possible. Later-stage prospects need insider-level communication and can't be talked down to because they already believe they understand the space. Getting this wrong is expensive in both directions. Talk down to an advanced prospect and they dismiss you as a beginner. Pitch insider complexity to a new prospect and you confuse and lose them. You also need to think carefully about competitors: only mention them if you're directly competing in the prospect's mind. Most prospects are less educated than you assume, and mentioning a competitor often just gives them options they didn't know existed.
Relevant Clips2
- Answer6:06
Translate Every Product Feature Into Customer Benefit Currency
Early-stage prospects need education and expectation-setting about your entire product category. Later-stage prospects need insider-level communication and can't be talked down to since they already think they understand the space.
- Answer4:58
How to Translate Product Features Into Benefits Customers Want
Only mention competitors if you're directly competing with them in the prospect's mind. Most prospects are less educated than you think, so mentioning competition often just gives them options they didn't know existed.