Closing Techniques Part 2

How to Win an ArgumentIn the previous article I explained in detail, which questions you should ask to figure out how a customer makes the decision to buy. That article can be found here Closing Techniques Part 1.

While training sales people over the years, I’ve been amazed that most never ask customers about needs. Most jump in and explain what they personally like about the product.

In this article I’ll explain how to get the customer:

  • To list the reasons they’ll buy
  • To give the reasons they won’t buy
  • Build rapport
  • Buy your product / service

With this information, you now just feed back the positives, disqualify the negatives and assume the sale. If you haven’t already, you should read the following article’s so you are up to speed on selling techniques:

Identifying Needs

In talking with your customer, you must get them to list their need’s and then prioritize them. You then feed back those main need’s using their chosen strategy for making buying decisions.

Start off by asking the client to list those needs that the product or service needs to fill. You then must identify those needs that are crucial versus the needs that would just be nice to have.

After you nail down the immediate needs ask the client, “What else do you need this (product / service) to do?” Then as they list features, it is your job to translate them into benefits.

You want to get your customer to imagine themselves owning the product. Start asking them what other benefits can they see this product providing. Don’t suggest benefits, instead have them explain their personal benefits.

Establish a Yes-Set

If you get the client to confirm positively 7 times, on topics relating to your product, the chances they will buy go up dramatically! This becomes easy, if you get them to list the top seven benefits they wish to gain from the product. Follow this process:

Cost Quality Convenience1.) Get them to list the feature’s they are looking for

2.) Get them to translate those features into their personal benefits (Not Yours)

3.) Feed those benefits back, as you wait for their positive affirmations

4.) Say, “So your looking for a (product/service) that will (benefit)?” Wait for affirmation and rinse and repeat.

5.) Don’t disagree in any way! Don’t say something like, “Well we can get you this, this and this, but we can’t get that it this price.” If they stated that price is of least importance, that is a possibility though.

6.) Show them the triangle chart to narrow in on what is most important: cost, quality, convenience?

7.) If you get any push back from the customer, re-establish rapport and question for more benefits.
Is Rapport Established

If you don’t know what rapport is go read Get People to Like you. Throughout your presentation you want to first mirror the client and then check if rapport is established.

You perform this check by changing your position to see if the client follows you. If they do you are in sync. If they follow you as you are presenting, they are ready to buy!

If time has passed between first meeting a client and now representing the solution you need to re-establish rapport of course. Never offer a plan unless you are certain that rapport has been established. Rapport establishes trust and with out trust it doesn’t matter how good your plan is.

Other Reason’s the Customer Says No

I’ve established that most customer’s say no when they don’t trust you personally. This occurs if you don’t establish rapport or you hesitate during your presentation. Joe Girard, The Greatest Salesman ever, states that most I need to think about it objection’s occur because the sales man hesitated instead of assuming the sale.

Think about that? If you don’t believe in your product, why are you presenting it to the customer? It is your job to find the benefit’s, match them with the perfect solution and then sell the perfect solution. Why would you ever hesitate when you find what is best for the customer?

What other reason’s would the client hesitate?

Not in a Hurry

Some people are not in a hurry by nature. So give them a reason to make a decision, but be honest. One way to do that is to introduce uncertainty. May your products price will go up? Maybe the product won’t be available when the client needs it? People do not like losing the ability (freedom) to do anything. So figure out how they will lose the ability to buy your scarce product and then they’ll buy.

I present many ways you can speed up decision making in the article Sales and Psychology.

No Money

This should never be an excuse. If the customer says they don’t have enough money, they are really stating, “You haven’t shown me this product provides enough value.”

Not Talking to Decision Maker

You should make sure everyone involved in making the final decision is available at the time of the presentation. Never provide the plan until you are certain of this.

That’s All Folk’s

If you have any questions leave them in the comment section below. In the next article I’ll provide more ways to sell your plan.

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