Closing the Sale
Learn how to ask the right questions that will help you complete each sale like a star.
By Tom Hopkins
| March 07, 2005
URL:
http://www.entrepreneur.com/sales/closingthesale/article76416.html
Typically, when I talk with my students on a one-to-one basis,
they ask me a lot of questions about how to close sales. That's
to be expected because it's the positive end result all
salespeople seek in any contact with potential clients.
In most situations where sales aren't closed, it's
usually because the salesperson didn't ask the right question.
In all my training, you'll hear it repeated over and over that
every answer you need to get in order to meet someone, qualify them
as to their needs, get permission to give a presentation or close a
sale will come to you if you only ask the right questions.
Sometimes, it's not just the question that matters, but how
it's presented. You may have to set the stage or tell a story
leading up to the question that helps the client rationalize the
buying decision. No matter how good your lead in or story is,
however, you won't get the sale if you don't ask for
it.
Let me give you a few closes that have proven successful for my
students the world over. Don't be concerned if they seem a bit
wordy--you're painting pictures and involving the emotions of
your potential clients. Say the words with warmth and sincerity,
and they'll work for you.
When your clients hesitate because they aren't sure it's
the right decision, try what we call "The Best Things in Life
Close." This is a great close to use with a personal sale,
especially when you're trying to sell something to a husband
and wife. Compare the decision they're considering right now to
other decisions they've made and have been happy with. It's
especially helpful when they've admitted they want the product
but are just struggling with saying yes. It goes like this:
"Isn't it true, John and Mary, that the only time
you've ever really benefited from anything in your life has
been when you said yes instead of no? You said yes to your
marriage. . ." [And this next part's optional:
". . .and I can see how happy you are." But don't
add this phrase unless you've seen signs that they truly are a
happy couple!] "You said yes to your job, your home, your
car--all the things I'm sure you truly enjoy.
"You see, when you say yes to me, it's not really me
you are saying yes to but all the benefits this product offers...
[and then list a few of the benefits they were most excited
about.] Those are the things you really want for your family,
aren't they?"
With these words, you're helping them focus on the benefits
they want from the product rather than their hesitation to make the
investment to own it. The little agreements you ask for during the
close get the "yes" momentum started. If they do truly
believe your product is good for them, these words will help them
get over their hesitation to give you the final yes and close the
sale.
Another situation might be during a business sale where the
decision-maker uses "the budget" as a reason not to go
ahead. This purchase might not have been in their plans, so the
money isn't in the budget. If you truly believe your product
would provide excellent benefits to their company, your goal in
this situation is to get them to admit and agree to that point. Ask
this: "John, if the money for this investment was in your
budget, would you proceed?" If he says yes, agree with him by
saying "That's wonderful, John. I'm glad you see the
benefits our XYZ product can bring to your business."
At this point, you can either move on to a discussion of their
return on investment or try these words:
"I can understand your concern with your budget, John.
That's why I contacted you in the first place. I'm fully
aware of the fact that every well-managed business controls the
flow of its money with a carefully planned budget. The budget is a
necessary tool for every company to give direction to its goals.
However, the tool itself doesn't dictate how the company is
run, does it?
"It must be flexible to allow the company to manage crises
or take advantage of unplanned opportunities. As the controller of
that budget, you retain for yourself the right to flex it in the
best interest of the company's financial present and
competitive future, don't you?
"What we've been examining here today is a system which
will allow your company an immediate and continuing competitive
edge. Tell me, under these conditions, will your budget flex or
will it dictate your actions?"
Hopefully, you see the difference between just asking for the
sale and helping people make decisions that are good for them.
That's the difference between an average salesperson and a
great one!
Tom Hopkins is the "Sales Basics" coach at Entrepreneur.com and is world-renowned as
"The Builder of Sales Champions." For the past 30 years,
he has provided the finest sales training available through his
company, Tom
Hopkins International.
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