EXPERT SYSTEM: How to close a sale almost EVERY time

12 replies
The way to close a sale is to ensure that you meet the complete criteria necessary to close the sale. Taking a stab in the dark simply won't work -- you need to know exactly what you need to do in order to get the signature.

Step 1: Make Certain You're Speaking to the Decision Maker
Ever spend half an hour pitching a prospect, only to have the person say at the end: "Hey, this sounds great. I'll talk to my boss and see if he wants to give this a try"? Before you start your pitch, make SURE you're talking to the decision maker... if they're not available, come back again when they are.

DON'T WASTE YOUR TIME or the time of your prospect's staff. Period! This will be hard to do, to walk away from a potential sale because the decision maker isn't available... but it is something you must LEARN TO DO.

Step 2: Establish What It Takes to Make the Deal
When you start, you need to make sure you know what it will take to close. So how do you do that? This is POWERFUL stuff, so play close attention: you simply ASK. This is like sales magic!

It goes something like this, and it works almost EVERY SINGLE TIME...

YOU: "Are you the person who can make a decision for this business when it comes to advertising and marketing?"

PROSPECT: "Yes, that's me."

YOU: "So you have the authority to sign a marketing agreement?"

PROSPECT: "Absolutely."

YOU: "Fantastic. I'm going to show you some very powerful techniques that will definitely increase your business. If I outline for you a comprehensive plan that will boost your business, and if I can provide you the services necessary for a price you can afford, will you sign the deal today so that we can get started making you more profits?"

PROSPECT: "Well, no, sorry, I can't commit today."

YOU: "Ok then, let's make an appointment for another day when we can outline everything and you will be prepared to sign up."

OR...

YOU: "I'm going to show you some very powerful techniques that will definitely increase your business. If I outline for you a comprehensive plan that will boost your business, and if I can provide you the services necessary for a price you can afford, will you sign the deal today so that we can get started making you more profits?"

PROSPECT: "Well, sure. I definitely want more business."

YOU: "Great! But before I get started, let me ask you... If I could bump your monthly sales up by anywhere from 5% or 10% or more, what do you think that sort of thing would be worth? What would you pay for something like that?"

PROSPECT: "Well that would certainly be worth $200 a month to me."

YOU: "Fantastic. So here's how we're going to team up and boost your sales each and every month... [OUTLINE YOUR PLAN]."

As you go along, get your potential client to AGREE with your plan at each step...

YOU: "So do you see how an SMS text marketing campaign can bump up your sales instantly?"

PROSPECT: "Yes, yes I see that."

Having them AGREE at each step helps ensure agreement when you ask for the signature. Having them say "YES" and "YES" and "YES" again and again conditions them to say "YES" when it comes time to close. After you've outlined everything, then here comes the close...

YOU: "Now I can provide you all of these valuable services for just $200 a month. At the beginning you told me that you're the sole decision maker when it comes to this sort of thing. We also agreed that if I could show you a plan that will boost your sales, and if I could provide you those services at a price that makes sense -- you said $200 a month is reasonable -- then you would sign a deal to get started today. Am I correct on all of that?"

PROSPECT: "Yes, that's what I said."

[TAKE OUT YOUR AGREEMENT DOCUMENT AND PLACE IT IN FRONT OF THE PROSPECT]

YOU: "You've agreed with me that this plan could definitely increase your business. You said that a price of $200 is within your budget for these services, and that's exactly the amount I'm going to charge you to provide these valuable services. That's right, isn't it?"

PROSPECT: "Yes, that's right."

[TAKE OUT YOUR PEN AND HAND IT TO THE PROSPECT]

YOU: "I can't wait to get started helping you make more money. Will you sign this agreement now so that I can get started sending you more customers today?"

Then... SHUT UP. Don't say another word. Hold the pen until the prospect takes it and signs the agreement. Believe me, it will be hard, but this is a situation of "he who speaks first loses".

It will be extremely difficult for your prospect to say NO after you've conditioned them to say YES and you've also agreed on what it would take to close a deal. To say "NO" now would make the business owner feel like his word isn't to be trusted.

If the business owner says "NO" then you immediately need to find out why.

YOU: "Ok, so it would appear that I didn't cover everything that is necessary for you to decide to sign on with my service. What exactly did I fail to address?"

Get the prospect's objection and handle it. Whatever their objection is, address it fully, then go back and close them again, adding in the additional objection. Let's assume the prospect is afraid he doesn't have the technical expertise necessary to manage his own SMS texting campaigns. Well, you can handle that, you can manage them for him. Explain that in detail... then...

YOU: "You've agreed with me that this plan could definitely increase your business. You said that a price of $200 is within your budget for these services, and that's exactly the amount I'm going to charge you to provide these valuable services. You also said that if I could handle the sending of the text messages for you, rather than have you do it yourself, you'd be willing to give my services a try. That's right, isn't it?"

PROSPECT: "Yes, that's right."

And close the deal.

This isn't a trick. It isn't a trap. It isn't painting your prospect into a corner, it's simply making sure that you BOTH understand the rules BEFORE you begin the game.

Step 3: Provide a Valuable Service and Be Attentive to your Customer
The most important step is the one that comes AFTER you close your deal. Keep your customer in the loop through the setup process, and communicate with your customer at least once a week after their services are in place. Your BEST SALESMEN are your SATISFIED CUSTOMERS. They know a lot more people than you do, they have a lot more contacts in their line of business than you do, and they have a lot more influence in their business community than you do.

Well, that's really a super nutshell version of something that I teach all of my offline marketing students in training programs that take several hours to complete. I think you guys here in the WF get it and can easily apply these techniques without spending that much time learning it.

I hope that all makes sense. If you have any questions, don't hesitate to ask here.
#close #expert #sale #system #time
  • Profile picture of the author katemkutny
    I actually created a Marketing Plan and got them to bite. It's really not that hard. You just need to know what you are doing, be smart, friendly and confident in yourself.
    {{ DiscussionBoard.errors[3720170].message }}
  • Profile picture of the author xlfutur1
    Nice. Thanks for this post. This is along the lines of the Jay Abraham philosophy. You get paid on the value you can create for the business owner. So if you can prove to the them that you can add an extra 5K to their monthly profit, they would be stupid to not give you 10% of that. That equates to a $500 monthly fee.

    In simple terms: for every dollar you make the business owner, they give you back a dime. No business owner in their right mind would turn that down.
    {{ DiscussionBoard.errors[3720189].message }}
    • Profile picture of the author Steven Carl Kelly
      Originally Posted by xlfutur1 View Post

      Nice. Thanks for this post.
      My pleasure! This is a VERY condensed version of a tried and true method for selling your services, not just SMS but whatever services you sell. As I said, we spend a number of hours training sales reps on this technique since it results in higher close rates, higher billing rates, and more satisfied customers.

      The most important thing to do is to keep in constant contact with your clients AFTER the sale. That alone will differentiate you from 9 out of 10 of the vendors out there who don't bother to contact them any longer once the check is cashed.
      Signature
      Read this SURPRISING REPORT Before You Buy ANY WSO! Click Here
      FREE REPORT: Split Test Your Landing Pages the Easy Way
      {{ DiscussionBoard.errors[3721961].message }}
    • Profile picture of the author Mike McAleer
      Originally Posted by xlfutur1 View Post

      Nice. Thanks for this post. This is along the lines of the Jay Abraham philosophy. You get paid on the value you can create for the business owner. So if you can prove to the them that you can add an extra 5K to their monthly profit, they would be stupid to not give you 10% of that. That equates to a $500 monthly fee.

      In simple terms: for every dollar you make the business owner, they give you back a dime. No business owner in their right mind would turn that down.
      That looks like a great rule. I have never seen that before yet it makes a whole lot of sense. I would say that any right minded individual would also agree.
      Signature

      Recent domain flips : $8->$1000 Social recruiting Software dot com $8->$2000 MobileSalesSoftware.com
      Invest in domains without the hard work !
      Email for details...Mike McAleer at me dot com

      {{ DiscussionBoard.errors[3723324].message }}
  • Profile picture of the author internetPro
    Originally Posted by Steven Carl Kelly View Post

    The way to close a sale is to ensure that you meet the complete criteria necessary to close the sale. Taking a stab in the dark simply won't work -- you need to know exactly what you need to do in order to get the signature.

    Step 1: Make Certain You're Speaking to the Decision Maker
    Ever spend half an hour pitching a prospect, only to have the person say at the end: "Hey, this sounds great. I'll talk to my boss and see if he wants to give this a try"? Before you start your pitch, make SURE you're talking to the decision maker... if they're not available, come back again when they are.

    DON'T WASTE YOUR TIME or the time of your prospect's staff. Period! This will be hard to do, to walk away from a potential sale because the decision maker isn't available... but it is something you must LEARN TO DO.

    Step 2: Establish What It Takes to Make the Deal
    When you start, you need to make sure you know what it will take to close. So how do you do that? This is POWERFUL stuff, so play close attention: you simply ASK. This is like sales magic!

    It goes something like this, and it works almost EVERY SINGLE TIME...

    YOU: "Are you the person who can make a decision for this business when it comes to advertising and marketing?"

    PROSPECT: "Yes, that's me."

    YOU: "So you have the authority to sign a marketing agreement?"

    PROSPECT: "Absolutely."

    YOU: "Fantastic. I'm going to show you some very powerful techniques that will definitely increase your business. If I outline for you a comprehensive plan that will boost your business, and if I can provide you the services necessary for a price you can afford, will you sign the deal today so that we can get started making you more profits?"

    PROSPECT: "Well, no, sorry, I can't commit today."

    YOU: "Ok then, let's make an appointment for another day when we can outline everything and you will be prepared to sign up."

    OR...

    YOU: "I'm going to show you some very powerful techniques that will definitely increase your business. If I outline for you a comprehensive plan that will boost your business, and if I can provide you the services necessary for a price you can afford, will you sign the deal today so that we can get started making you more profits?"

    PROSPECT: "Well, sure. I definitely want more business."

    YOU: "Great! But before I get started, let me ask you... If I could bump your monthly sales up by anywhere from 5% or 10% or more, what do you think that sort of thing would be worth? What would you pay for something like that?"

    PROSPECT: "Well that would certainly be worth $200 a month to me."

    YOU: "Fantastic. So here's how we're going to team up and boost your sales each and every month... [OUTLINE YOUR PLAN]."

    As you go along, get your potential client to AGREE with your plan at each step...

    YOU: "So do you see how an SMS text marketing campaign can bump up your sales instantly?"

    PROSPECT: "Yes, yes I see that."

    Having them AGREE at each step helps ensure agreement when you ask for the signature. Having them say "YES" and "YES" and "YES" again and again conditions them to say "YES" when it comes time to close. After you've outlined everything, then here comes the close...

    YOU: "Now I can provide you all of these valuable services for just $200 a month. At the beginning you told me that you're the sole decision maker when it comes to this sort of thing. We also agreed that if I could show you a plan that will boost your sales, and if I could provide you those services at a price that makes sense -- you said $200 a month is reasonable -- then you would sign a deal to get started today. Am I correct on all of that?"

    PROSPECT: "Yes, that's what I said."

    [TAKE OUT YOUR AGREEMENT DOCUMENT AND PLACE IT IN FRONT OF THE PROSPECT]

    YOU: "You've agreed with me that this plan could definitely increase your business. You said that a price of $200 is within your budget for these services, and that's exactly the amount I'm going to charge you to provide these valuable services. That's right, isn't it?"

    PROSPECT: "Yes, that's right."

    [TAKE OUT YOUR PEN AND HAND IT TO THE PROSPECT]

    YOU: "I can't wait to get started helping you make more money. Will you sign this agreement now so that I can get started sending you more customers today?"

    Then... SHUT UP. Don't say another word. Hold the pen until the prospect takes it and signs the agreement. Believe me, it will be hard, but this is a situation of "he who speaks first loses".

    It will be extremely difficult for your prospect to say NO after you've conditioned them to say YES and you've also agreed on what it would take to close a deal. To say "NO" now would make the business owner feel like his word isn't to be trusted.

    If the business owner says "NO" then you immediately need to find out why.

    YOU: "Ok, so it would appear that I didn't cover everything that is necessary for you to decide to sign on with my service. What exactly did I fail to address?"

    Get the prospect's objection and handle it. Whatever their objection is, address it fully, then go back and close them again, adding in the additional objection. Let's assume the prospect is afraid he doesn't have the technical expertise necessary to manage his own SMS texting campaigns. Well, you can handle that, you can manage them for him. Explain that in detail... then...

    YOU: "You've agreed with me that this plan could definitely increase your business. You said that a price of $200 is within your budget for these services, and that's exactly the amount I'm going to charge you to provide these valuable services. You also said that if I could handle the sending of the text messages for you, rather than have you do it yourself, you'd be willing to give my services a try. That's right, isn't it?"

    PROSPECT: "Yes, that's right."

    And close the deal.

    This isn't a trick. It isn't a trap. It isn't painting your prospect into a corner, it's simply making sure that you BOTH understand the rules BEFORE you begin the game.

    Step 3: Provide a Valuable Service and Be Attentive to your Customer
    The most important step is the one that comes AFTER you close your deal. Keep your customer in the loop through the setup process, and communicate with your customer at least once a week after their services are in place. Your BEST SALESMEN are your SATISFIED CUSTOMERS. They know a lot more people than you do, they have a lot more contacts in their line of business than you do, and they have a lot more influence in their business community than you do.

    Well, that's really a super nutshell version of something that I teach all of my offline marketing students in training programs that take several hours to complete. I think you guys here in the WF get it and can easily apply these techniques without spending that much time learning it.

    I hope that all makes sense. If you have any questions, don't hesitate to ask here.
    sorry but you lost me at "are you the decision maker"

    come on this isnt that hard i do not believe for one any business owner would allow you to talk to them like that.. i know i wouldnt..

    and second selling sms is like taking candy from a baby...

    how about this

    hello my name is scott are you the one in charge of handling the marketing

    ok great

    do you text at all

    ok great

    grab your phone send a text to 230952039702397
    with -94823-832-4823 in the message box

    pretty cool hey

    cha ching
    {{ DiscussionBoard.errors[3720602].message }}
    • Profile picture of the author akazo
      Originally Posted by internetPro View Post

      sorry but you lost me at "are you the decision maker"

      i do not believe for one any business owner would allow you to talk to them like that.. i know i wouldnt..
      Agreed. That whole scenario would make a great how-NOT-to-do-sales video.
      {{ DiscussionBoard.errors[3722531].message }}
  • Profile picture of the author Tyson Faulkner
    Why would you ask them to sign a deal TODAY when they don't even know what you're offering?

    TEACH first, show them how cool it is, how much business it will bring, etc. Then let them know how they can get it.
    {{ DiscussionBoard.errors[3722817].message }}
  • Profile picture of the author OfflineMan
    Making sure your always talking to the decision make was a real challenge for me at first, sometimes your so eager to just talk to someone in the business that might listen... you realise that you will lose a ton of time doing so! Good tips here for sure.
    Signature
    Make $8331 A Month With Text Messaging! Tons Of Reviews CLICK HERE
    {{ DiscussionBoard.errors[3722957].message }}
    • Profile picture of the author Steven Carl Kelly
      Originally Posted by OfflineMan View Post

      Making sure your always talking to the decision make was a real challenge for me at first, sometimes your so eager to just talk to someone in the business that might listen... you realise that you will lose a ton of time doing so! Good tips here for sure.
      Exactly. What a lot of less experienced sales people don't understand is that when you don't pitch to the decision maker, you're not only wasting your time, but you're probably wasting the time of the business and the business owner as well. On top of that, your message is very likely to get muddled when it gets communicated from the frontline staffer to the decision maker.

      I was in a sales seminar with a salesman who consistently sold tens of millions of dollars in business services annually to local businesses, and that was his #1 rule: always make sure you're speaking to the decision maker -- don't waste your potential client's time.

      Others who aren't as experienced in the sales field often also don't understand that there's a formula for sales that works sale after sale after sale. Many will say "every situation is different, every sale is different" when in fact, they're really ALL the same. Every customer is different, but every sale can be fit into the sales formula.

      Understand the criteria needed to close your deal, handle the objections, and then close it. And not only that, but close, close, and close again. Many sales fail to close because the sales staffer fails to ask for the close.

      Years ago I worked with one very successful salesman who used to consistently OPEN with a close. You'd be surprised at how often it worked. It was no surprise that he retired extremely early.
      Signature
      Read this SURPRISING REPORT Before You Buy ANY WSO! Click Here
      FREE REPORT: Split Test Your Landing Pages the Easy Way
      {{ DiscussionBoard.errors[3724889].message }}
    • Profile picture of the author Steven Carl Kelly
      Originally Posted by OfflineMan View Post

      Good tips here for sure.
      By the way, interesting story from the trenches...

      I was talking to a fellow who is promoting offline business services for local businesses. One of his worst battle stories was related exactly to the "decision maker" situation. He spent hours pitching a business owner on his services, he came back to the business several times and each time he spoke directly to the business owner. In the end, when he asked for the check, he found out -- to his dismay -- that despite talking to the business owner he WASN'T talking to the decision maker. As it turns out, the business owner told him that it was the business owner's WIFE who made all of the decisions on that front. "Oh, my wife actually handles all of that stuff... I own the restaurant, but I really focus on running my kitchen, my wife runs the business side of things."

      Talk about frustrating!
      Signature
      Read this SURPRISING REPORT Before You Buy ANY WSO! Click Here
      FREE REPORT: Split Test Your Landing Pages the Easy Way
      {{ DiscussionBoard.errors[3724922].message }}
      • Profile picture of the author criniit
        Originally Posted by Steven Carl Kelly View Post

        By the way, interesting story from the trenches...

        I was talking to a fellow who is promoting offline business services for local businesses. One of his worst battle stories was related exactly to the "decision maker" situation. He spent hours pitching a business owner on his services, he came back to the business several times and each time he spoke directly to the business owner. In the end, when he asked for the check, he found out -- to his dismay -- that despite talking to the business owner he WASN'T talking to the decision maker. As it turns out, the business owner told him that it was the business owner's WIFE who made all of the decisions on that front. "Oh, my wife actually handles all of that stuff... I own the restaurant, but I really focus on running my kitchen, my wife runs the business side of things."

        Talk about frustrating!
        Haha, thats why I always ask what the process is for moving forward with the deal. Usually gets them talking enough to see if they are the ultimate decision maker.
        {{ DiscussionBoard.errors[3725418].message }}
  • Profile picture of the author uleesgold
    Banned
    Can this same advice be applied to affiliate marketing?
    maybe I'm in the wrong category.
    {{ DiscussionBoard.errors[3724903].message }}

Trending Topics