Sunday, November 25, 2012

Little Decisions


Closing the sale is difficult for most salespeople while relatively easy for others. The answer is that closers have done a good job of targeting and qualifying a customer then following a proven sales process to bring the sales event to a successful conclusion. The close is just a formality of the entire process that has been expertly crafted and executed.

Closing techniques do not have to be difficult nor tricky.

In my last article I talked about the “act now” closing technique. Retailers use this tactic all of the time. They offer a reduced price or enhancement (a TV, for example) for a finite time and then encourage buyers to pull the trigger in time or lose out. In manufacturing or distribution or any business-to-business environment, offers like delivery date, pending price increase and others are used to stimulate “act now” decisions.

Little decisions are another tactic widely used to bring a buyer to yes. Little decisions give you, the seller, a clue when to bring out contracts and ask for deposits or whatever you use to finalize your sales transaction acceptance. When you ask little questions you learn what answers are go-ahead signals to move forward. When you get the correct answer to a closing question or two you have, in essence, gotten to yes. Stop what you are doing and assume you made the sale, and then move forward with the termination of your process. (contract, work order, deposit, etc.)

Here are a couple of real world examples.

You: When do you need your new software to go live?
Them: January 1st.
You: Well then you need to get the project started immediately. Sign here and I will get the project scheduled in our system.

You: Will you need 3 or 4 printers?
Them: 4.
You: OK, just initial work order here and we’ll have the 4th printer.

You: Will you be paying cash or financing your purchase?
Them: I would like your 24 month financing.
You: That’s fine. Let’s fill out the credit application and get your financing approved.

Are they crafty or slick? No. Do they work? Yes.

Here is my disclaimer. If you aren't working with a qualified prospect that needs your product or service it is hard to close any deal under any circumstances. You have to lead them through an interview in which they tell you their pain and you then offer your solution(s). At the end of the sales interview you get to ask for the order. You earned the right to ask. How you ask is your little decision.

If they don’t buy, you have made a mistake somewhere along the way. “Act now” and “little decision” are nice little comfortable ways to move from your sales pitch to the finish line. If you didn’t make the sale, find out what went wrong and fix it for next time.