CLOSING SKILLS THAT HELP CLIENTS BUY!

1. CLOSING SKILLS THAT HELP CLIENTS BUY!

2. Closing from A-Z • 1-2-3 Close - close with the principle of three. • Adjournment Close - give them time to think. • Affordable Close - ensuring people can afford what you are selling. • Alternative Close - offering a limited set of choices. • Artisan Close - show the skill of the designer. • Ask-the-Manager Close - use manager as authority. • Assumptive Close - acting as if they are ready to decide. • Balance-sheet Close - adding up the pros and the cons. • Best-time Close - emphasize how now is the best time to buy. • Bonus Close - offer delighter to clinch the deal. • Bracket Close - make three offers - with the target in the middle. • Calculator Close - use calculator to do discount. • Calendar Close - put it in the diary. • Companion Close - sell to the person with them. • Compliment Close - flatter them into submission. • Concession Close - give them a concession in exchange for the close. • Conditional Close - link closure to resolving objections. • Cost of Ownership Close - compare cost over time with competitors. • Courtship Close - woo them to the close. • Customer-care Close - the Customer Care Manager calls later and re-opens the conversation. • Daily Cost Close - reduce cost to daily amount. • Demonstration Close - show them the goods. • Distraction Close - catch them in a weak moment. • Doubt Close - show you doubt the product and let them disagree. • Economic Close - help them pay less for what they get. • Embarrassment Close - make not buying embarrassing. • Emotion Close - trigger identified emotions. • Empathy Close - empathize with them, then sell to your new friend. • Empty-offer Close - make them an empty offer that the sale fills. • Exclusivity Close - not everyone can buy this. • Extra Information Close - give them more info to tip them into closure. • Fire Sale Close - soiled goods, going cheap. • Future Close - close on a future date. • Give-Take Close - give something, then take it away. • Golden Bridge Close - make the only option attractive. • Handover Close - someone else does the final close. • Handshake Close - offer handshake to trigger automatic reciprocation. • Humor Close - relax them with humor. • Hurry Close - go fast to stop them thinking too much. • IQ Close - say how this is for intelligent people. • Minor points Close - close first on the small things. • Never-the-best-time Close - for customers who are delaying. • No-hassle Close - make it as easy as possible. • Now-or-never Close - to hurry things up. • Opportunity Cost Close - show cost of not buying. • Ownership Close - act as if they own what you are selling. • Price-promise Close - promise to meet any other price. • Puppy Close - acting cute to invoke sympathy and a nurturing response. • Quality Close - sell on quality, not on price. • Rational Close - use logic and reason. • Repetition Close - repeat a closing action several times. • Retrial Close - go back to square one. • Reversal Close - act as if you do not want them to buy the product. • Save-the-world close: - buy now and help save the world. • Selective-deafness Close - respond only to what you want to hear. • Shame Close - make not buying shameful. • Shopping List Close - tick off list of their needs. • Similarity Close - bond them to a person in a story. • Standing-room-only Close - show how others are queuing up to buy. • Summary Close - tell them all the things they are going to receive. • Testimonial Close - use a happy customer to convince the new customer. • Thermometer Close - they score out of ten, you close gap. • Think About It Close - give them time to think about it. • Treat Close - persuade them to 'give themselves a treat'. • Trial Close - see if they are ready for a close. • Valuable Customer Close - offer them a special 'valued customer' deal. • Ultimatum Close - show negative consequences of not buying. • Yes-set Close - get them saying 'yes' and they'll keep saying 'yes'.

3. 10 C’s to Closing Closing More Sales

4. People don’t like to be sold. So, help them buy.

5. I Capitalize On what’s important to the client. Business Issues: Margin Traffic Financing Technology Training Reliability Staffing Warranty Growth ROI Inventory Marketing And many…many more!

6. I Capitalize People are motivated by only two things: 1. Positive rewards 2. Negative aversion Expand your value proposition on business issues: Use both Positive & Negative Good things to take advantage of Things to be concerned about Examples - Miller Light: Tastes great - Less filling Weight Loss: Look better- Lose ugly pounds Diet Foods: High in taste- Low in fat

7. II Customer focused Their two biggest problems: 1. Who to TRUST 2. How to make a good decision. Show thought leadership… Bring up relevant problems to customer. Relevant & intelligent. Show them how to make decisions.

8. III Curiosity Drives every sale. If customers are not curious about who you are or what you can do for them, there’s no way you can sell them. What makes someone curious? Questions, partial information, glimpse of value, newness, exclusivity and herd momentum

9. IV Credibility A perceived competence. Sellers start with near zero credibility. 4 Options to Gain Credibility: Try it and claim it Leverage references Existing relationships Diagnostic questions.

10. V Clarify We’re planning to make a decision soon. I’m a little concerned about the cost. How do you mean? Why? How so? Like what/when ?

11. VI Commitment • Stop selling - instead help them buy • Success Stories • Power of momentum • Herd theory • Create a sense that everyone else is moving in a certain direction • Communicate the trail to success has already been blazed • Safety in numbers is a position of strength • Name recognition is critical (ex: “popcorn”)

12. VII Confirmation At every turn. Does this make sense? Are you with me? Is this good? Watch ?

13. VIII Trial Closing There’s usually more than one way to skin a cat. “You will miss 100% of the shots you never take” - Wayne Gretsky I ask more questions during presentations than timeout calls. Be direct- Is there anything preventing us from moving forward? Up close- Mr.___, What do you think about the proposal? Alternate choice- Would you prefer option A or stretch for option B? Smaller components/Larger scale- When would you like to start the___ ?

14. VIII Trial Closing Impending event- Does it make sense to wrap this up now to take advantage of the ______. Probe for gotchas- Do you think we’re in good shape to wrap this up today/this week? “Off the record”- Can I ask your advice-off the record? How will your (wife)feel about this ? Switch places- If you were in my shoes, how would you handle_____?

15. IX Close • Reduce your risk… Ask for the order. • Summarize what we solve. • What’s the cost of doing nothing ? • Wasted time & money. • The wrong solution-expensive. • Could make the problem worse. • Give them a Choice. • Proceed. • Proceed with changes. • Stop the process.

16. X Continue • You are always helping them buy. (Always Be Closing…until they buy or die) • Back to the top and begin again…smoke out what the obstacles are that stand in the way. • Ask prospect for commitment: If we do this or that…would you be willing to move forward? • Ask yourself: Is this business worth chasing? Are prospects expectations reasonable? ABC