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8 Sales Closing Techniques

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Today buyers are more cautious than ever before when it comes to making decisions. This means that you’ll need a variety of closing techniques at your disposal if you’re going to smash your sales targets.
The great news is that one or a combination of these 8 best Closing Techniques can be used in any sales situation to help you turn every prospect into a buying customer.

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8 Sales Closing Techniques

  1. 1. 8>sales closing techniques to help you turn every prospect into a buying customer
  2. 2. Even if you are selling time machines… closing a sale isn’t guaranteed
  3. 3. that guarantees you'll close a sale, There’s no magic phrase but there are techniques you can use to increase your odds.
  4. 4. Before you even get to the closing phase, it’s important to: 1. Help your customer identify his or her problem. 2. Demonstrate that your product or service offers a solution to the problem.
  5. 5. To help you more effectively turn that prospect into a buying customer, here are 8 sales closing techniques you can implement as you prepare for your next sales call.
  6. 6. Marty, are you ready to sign the deal? 1. Direct Close
  7. 7. The Direct Close occurs after you’ve addressed the prospective customer’s concerns and you’re confident s/he knows the value you have to offer. Be direct by asking the following, “(Name of potential customer), are you ready to place your order/sign up?” Only use this technique if you’re confident the answer will be “yes!” 1. Direct Close
  8. 8. You’ll pay twice if you take this train, Marty 2. Money Talks Close
  9. 9. If you’ve helped the prospect quantify their business problem, and this number exceeds the investment required to solve the problem by using your product or service, their purchasing decision is easy to justify. Highlight this financial benefit—the bigger the savings, the easier it will be to close. 2. Money Talks Close
  10. 10. ๏ Needs to be running at 88 miles per hour for the flux capacitor to work ✓ Nothing spells cool like driving a DeLorean. ✓ Time selection and control is extremely simple. ✓ You can save the world in two round trips. ✓ It will save your life 3. Pro-Con Close
  11. 11. ๏ Needs to be running at 88 miles per hour for the flux capacitor to work ✓ Nothing spells cool like driving a DeLorean. ✓ Time selection and control is extremely simple. ✓ You can save the world in two round trip. ✓ It will save your life 3. Pro-Con Close For those who are still struggling to make a buying decision despite the potential ROI, help them visualize the impact your solution could make by having them create a pro-con list. Help your prospect list as many pros as possible and allow them to populate the cons column by themselves. Your lead will most likely end up with a much larger “pros” column than a “cons” column. This visual testament to your solution’s worth can help nudge even the most reluctant prospects to say yes to the deal.
  12. 12. If I put a fusion generator from 2030 into it, will you sign a deal? 4. Concession Close
  13. 13. If your prospect asks for a concession in the form of additional features, delivery or price, ask “If I can do that for you, will you sign an agreement?” Don’t simply agree to the concession without asking for a close; that will allow the prospect to keep hitting you up for more and more concessions as the deal progresses. 4. Concession Close
  14. 14. 5. Deadline Close
  15. 15. If you need your prospect to make a decision quickly due to a deadline, mention that there’s an upcoming event that could be beneficial to him/her so s/he should sign up ASAP. If there’s an upcoming customer-only webinar or promotion that’s about to end soon, highlight the added benefits these will provide to your prospect. 5. Deadline Close
  16. 16. 6. Rating Close How much do you want to save your life, Marty ?
  17. 17. Ask your lead to rate their level of interest in your solution on a scale of zero-to-ten; zero meaning they’re not interested at all and ten meaning they’ve already decided to buy. If s/he answers with six or more, ask what you need to do to get them to a ten. If their rating is five or less, ask him/her to help you understand why the rating is low, which will in turn tell you what you need to do to keep the sale moving forward. 6. Rating Close
  18. 18. Test drive the DeLorean to save your life! 7. Free Trial Close
  19. 19. If you sincerely believe a prospect will fall in love with your product or service once s/he gets to use it, offer a short-term free trial. Highlight that this is a no-risk and no-obligation trial that allows qualified prospects to see just what your solution can do. The most important aspect of free trials is to keep the prospect engaged by helping them take action in using the product. User engagement increases your chances of winning the deal. 7. Free Trial Close
  20. 20. 8. Objection Close Tell me why, son ! Tell me why !
  21. 21. Once your prospect understands that your solution addresses his or her needs, ask for an objection. This can be accomplished by simply asking, “Is there any reason why we shouldn’t proceed with the sale?” This will allow the prospective customer to raise any final concerns or objections without saying no to the deal. 8. Objection Close
  22. 22. Try out these different sales closing techniques and find which ones are most effective for your personal style and product or service. You’ll soon land on one or two that work incredibly well, and you’ll be able to use them naturally in conversation with more and more prospects. Dr.
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