It’s the part of the
sale where your heart’s beating the fastest. You’ve had anywhere
from one to three meetings with your prospect and now it comes to that
defining moment: THE CLOSE! This is one area where professionals
often feel the least confidence. And it’s the part of the process
that also gets the most “blame” if the sale is not made.
The following are
5 tips to make your closing more effective and effortless:
1) Focus On High
Quality Prospects
One reason closing may
be so difficult is because you’re trying to sell to anyone who is
willing to listen. You will close more sales, more often and
with less effort if you focus on selling to your highest quality
prospects. To do this you need to be crystal clear on who
your ideal client is.
Get a clear sense of
their demographic and psychographic profile, as well as the problems
they have that would cause them to need your services. Then put
together marketing strategies that will put you in front of them
(active strategies) and will attract them to you (passive strategies).
2) Leverage Referrals
So much of selling
professional services is about relationship and trust.
Credibility and trust can be established almost instantly if you come
to the prospect by way of a strong referral. This is a way to
have others find those high quality prospects for you and pave the way
for an easier close. An enthusiastic referral gives the
prospect a strong reason to believe your services will work for them.
As a result, you’ll run into much less resistance and objection to
moving ahead with the sale.
3) Fully Assess Your
Prospect’s Needs
A golden rule in sales
is never close until you have fully explored the prospect’s
needs. This involves asking questions that help you and the
prospect understand the full extent of their problems and their desired
results. This process puts you in the greatest position to offer
a solution that best meets their needs. This process also enables
your prospect to make the best decision for them regarding the
sale. To attempt to close before you do this will virtually
ensure no sale.
4) Make A Clear
Invitation
If your focusing on
high quality prospects, fully assessing needs and presenting a
powerful solution and still not getting the sale, you may be
leaving an important component out: the invitation. Many
people are simply waiting for you to invite them to take the next step
to move ahead with the sale. When you do this make sure you
keep it simple. In other words, don’t make starting a
relationship with you feel like a burden – it usually isn’t complex,
yet so many professionals overwhelm their prospects with the 56 details
of getting started. Then they wonder why the prospect wants to
“think about it”! Of course, they want to think about it – you’ve
just given them a 12-course meal to digest.
There are two important
principles here: First, be sure to explicitly invite the prospect
to move ahead (i.e., make a recommendation for the next step,
etc.). Second, keep this simple. You’re just describing how
to get started working together, not the entire relationship.
Have a mental checklist of no more than 5 items that you can express in
less than a minute or two. Incorporating the invitation will
dramatically increase your closes.
5) Silence is
Golden
This is the moment
where many professionals often blow it. After you make the
invitation, do the following: close your mouth and do not speak
until the prospect does. At this point you’ve provided the
prospect with everything they need to make their decision, now give
them the space to respond to your invitation. Unfortunately it’s
not uncommon that the “3 seconds of silence that feels like an
eternity” will prompt you to start selling again and before you know
it, you’ve just talked the prospect out of the sale.
Be comfortable with the
silence and resist the temptation to fill it.
In summary, here’s a
question to ponder: What would happen to your close ratios if you
worked to improve each of these five areas? Try it for the
next 90 days and take note of what happens.
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© 2004 David C.
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