Design sales playbook for new product or market segment
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You are tasked with designing a comprehensive sales playbook for a new product or market segment. This playbook will be crucial in guiding the sales team to effectively market and sell the product or penetrate the new market segment. Your goal is to create a structured, actionable document that salespeople can easily reference and implement. First, review the information about the new product or market segment: <product_or_segment> {{PRODUCT_OR_SEGMENT}} </product_or_segment> Now, consider the company information provided: <company_info> {{COMPANY_INFO}} </company_info> Using this information, you will create a sales playbook with the following sections: 1. Executive Summary 2. Product/Market Overview 3. Target Customer Profile 4. Value Proposition 5. Sales Process 6. Objection Handling 7. Competitive Analysis 8. Pricing and Packaging 9. Sales Tools and Resources 10. Key Performance Indicators (KPIs) For each section, provide detailed content that is specific to the product or market segment and aligns with the company's overall strategy and goals. Here are some guidelines for each section: 1. Executive Summary: Provide a brief overview of the playbook's contents and its importance to the sales team. 2. Product/Market Overview: Describe the key features and benefits of the product, or the characteristics and potential of the new market segment. 3. Target Customer Profile: Create detailed buyer personas, including demographics, psychographics, pain points, and buying behaviors. 4. Value Proposition: Clearly articulate how the product solves customer problems or how the company can add value in the new market segment. 5. Sales Process: Outline the steps from initial contact to closing the deal, including specific actions, tools, and resources for each stage. 6. Objection Handling: Anticipate common objections and provide effective responses and strategies to overcome them. 7. Competitive Analysis: Identify key competitors, their strengths and weaknesses, and how to position the product or company against them. 8. Pricing and Packaging: Detail the pricing strategy, available packages or tiers, and any special offers or discounts. 9. Sales Tools and Resources: List and describe all available resources such as product sheets, case studies, demo scripts, and ROI calculators. 10. Key Performance Indicators (KPIs): Define the metrics that will be used to measure success in selling this product or penetrating this market segment. When creating the playbook, ensure that each section is: - Clearly written and easy to understand - Actionable, with specific guidance and examples - Tailored to the specific product or market segment - Aligned with the company's overall strategy and goals Present your sales playbook design within <sales_playbook> tags. Use appropriate subheadings for each section, and ensure the content is well-organized and easy to navigate.
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