Tuesday, March 31, 2009

ABC’s of Selling - The Art of the Close

Do you know how to close a sale?
When we think of sales, it usually conjures up images of a used cars salesman and being pressured to buy. If you have ever seen the movie Glen Gary, Glen Ross you get to take a peek into a sales world of the stereotypical sales person. In this movie there are pressures to close the sale regardless of the customer’s needs and they are willing to go to any length, ethical or not, to make sure they hit their sales targets. When it comes to selling our own products or services, many of us have gone so far the other way. If we do not feel comfortable closing a sale and our businesses may be suffering because of this.

There was a concept from this movie that I have used in to train clients how to sell, feel confident closing and increase revenues to their business. The concept is A-B-C which stands for Always Be Closing. Selling is a process with stages and if you follow a process, you will simply be closing your prospect to the next stage in your own individual sales process. Each business can take the blueprint of the sales process and customize it to their product or service. Here is a sample of a typical sales process:

  • Prospecting. Sales is a numbers game. Be sure you have a steady supply of new prospects from multiply sources.
  • Qualification / Needs Analysis. Confirm your product or service will meet the needs of the prospect through a series of questions to uncover whether you and the prospect are a good fit.
  • Presentation / Proposal. Create your unique value proposition and pricing to meet the needs of your prospect.
  • Negotiation. Be prepared to be flexible, within reason, with your new clients.
  • Close. Listen for buying signals and do not be afraid to ask for the sale.
  • Follow Up. This is one of the most important steps. Your new clients will turn into your new sales force if your follow up is flawless.

To use the Always Be Closing strategy means you are looking to simply close your prospect to the next stage in the sales process. Your individual sales process could be short or long depending upon what type of product or service you are selling. Outline your own individual process for your product or service then use it with your new potential customers. This takes the pressure off of you and the prospect to make decisions quickly and reduces the risk of making the wrong decision.

When you feel comfortable with your process, you will be amazed at how easy it will become to close a sale. Your new clients will be happy you took the time to make sure you are the right fit too. The bottom line is you will confidently be able to close your sales and increase revenue to your business.

To your success,

Joanne Hernon
CEO of Sales Solutions

http://www.breakthroughsalessystem.com/
http://www.salessolutionsusa.com/

Bookmark and Share

Sunday, March 22, 2009

Closing the Sale without Being Slick

When it comes to selling skills, many people tell me that they need help with closing the sale. Although closing is an important skill set, it is at the end of the sales process. I have found that the beginning of the sales process is actually where the closing starts. If you create and follow a sales process for your business, you will be closing to each stage in your process. Utilizing the sales process will make closing the sales an inevitable outcome. At the request of several clients, I am focusing this entry on closing techniques. I will provide more details about the sales process in my next entry.

When we think of sales, many of us have an image of the aggressive sales person who is going to pressure us into making a purchase whether we need the product or service or not. This person is trying to separate us from our money. We conjure up images of used car salesmen who might say things like, "What do I need to do to see you in this car today?" Have we gone too far the other way? Are we now too concerned with appearing aggressive that we are too passive when it comes to closing a sale?

Asking the right questions is the key to closing a sale. When I first started out as a fledgling sales person, I was afraid of asking too many questions, bothering someone on the other line and appearing too pushy. My sales results reflected this fear as I had a tough time hitting quota. I made a lot of calls and talked to a lot of people but I was just nice to everyone. Now I have applied proven sales techniques and I am still "nice" but I work towards "closing the sales" always. What I mean by this is I follow the ABC's of selling -- "Always Be Closing."

Closing is not pressuring someone to buy. It is a technique to ask the prospect if they are ready to move forward to the next step in your sales process and if not, then why. Many times there may be questions or concerns the prospect has about your product or service and they simply need further explanation.

As you are in a dialog with your prospect and you are discussing the benefits of your product or service, you want to also be asking questions to gauge their understanding of your benefits as well and their interest level. Here are just a few examples of closing statements that will help you close the sale:

"How does this sound to you so far?"
"When would you like to get started with something like this?"
"Does this sound like something that would help you? How?"
"When would you be interested in moving forward?"

When customers make a commitment to buy from you, they are in reality placing their trust in you to deliver solutions to solve their problems. A customer's commitment to buy is a natural part of the sales process that must make the customer feel good about buying from you.

To compete in today's marketplace, it is important not to manipulate our customers into commitments they later regret. Long-term selling success is built on repeat customers who see results and tell other people about the positive experience they have with your business. You will also be pleased with the results of all the happy customers as well as the increase to your sales numbers.

To your success,

Joanne Hernon
CEO of Sales Solutions
http://www.breakthroughsalessystem.com

http://www.salessolutionsusa.com

Bookmark and Share