CHAPTER 13 Closing the Sale Close When the Prospect is Ready • Approach ? • Early in presentation ? • Middle of presentation ? • After demonstration ? • After benefits ? • After presentation ? • Buying signals ? • After trial close ? • Multiple closes ? • Another day ? Reading Buying Signals • A buying signal is anything that prospects say or do indicating they are ready to buy • Ask questions • Ask another person’s opinion • Relaxes and becomes friendly • Pulls out a purchase order form • Carefully examines merchandise Answering a Prospect’s Buying Signal Question with a Question • Buyer says: • What’s you price? Salesperson says In what quantity? • When can you make delivery? When do you need it? • What are your terms? What do you need? • Do you have Model 1 in stock? Is that the one you want? Twelve Keys to a Successful Closing • Think success! Be enthusiastic. • Plan your sales call. • Confirm your prospect’s needs in the approach. • Give a great presentation. • Use trial closes during and after your presentation. • Smoke out a prospect’s real objections. • Overcome real objections. • Use a trial close after overcoming each objection. • Summarize benefits as related to a buyer’s needs. • Use a trial close to confirm previous step. • Ask for the order and then be quiet. • Leave the door open. Act as a professional. There are Eleven Closing Techniques in this Chapter. Each……… Is different Can be used with other closing techniques Helps you be a better communicator Helps you better serve others Should be carefully studied Closing Techniques • Alternative choice • Assumptive • Compliment • Summary of benefits • Continuous yes • Minor points • T Account / Balance sheet • Standing room only • Probability • Negotiation • Technology What to do After the Close? • The close was a success…….. • Reassure the customer. Remove any cognitive dissonance • Depart quickly When You Do Not Make the Sale • Know that you cannot sell everyone • Don’t take buyer’s denial personally • Be courteous and cheerful…thank the customer • Leave the door open • Make plans for a follow up call • Critique your performance and learn from the experience