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Sales Training Closing the Sale



Sales Training Closing the Sale
   

Five Requisites

1. A Recognised Need
Customers will only buy if there is a recognised need
This is demonstrated when you ask questions to uncover the problem

2. A Viable Solution
A viable solution, which will change the status quo.
When you link benefits to solutions.

3. Value Must Justify Cost
Cost justification is the basis for every strategic decision. The need is never enough to justify a decision to proceed and a viable solution doesn’t mean customers can justify the cost. Perceived value must justify cost.

4. A Sense of Urgency
You’ve heard the phrase, “if it isn’t broke don’t fix it”
What will it cost not to proceed right now?

5. The Authority to Buy
Most sales fail because the person you ask for the commitment hasn’t the authority to buy!

Four Keys

1. Know the Status of the Opportunity
Does the customer like the proposal?
How does it compare to other solutions?
What are they willing to pay?
What are their outstanding concerns?
Ask for their business – attempt a trial close
“Tell me, is there any reason why we cannot proceed to-day?”

2. Not Ready to Close
A sales represents a mutual exchange of values you may need to negotiate to win.
“Tell me, if we can agree on …………………….is there any reason why we cannot proceed to-day?”

3. Restate Your Value
In large sales where the customer is expected to assimilate lots of information some of the early discussion and commitments may be forgotten. Restate how the investment is adding value by solving the problem obtain agreement that this investment will add value to the customer’s business.

4. Emotional Reassurance
Many purchases are highly emotional and can involve the internal politics of a business. Build rapport and use empathy.
“What can we do to convince you?”




Sales Training Closing the Sale - To learn more about this author, visit Colly Graham's Website.

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Colly Graham
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Colly Graham CEO of salesxcellence After graduating from college, Colly entered the field of accountancy however after five years decided to change his career direction in sales. First working for a Fortune 500 company in fast moving consumer goods, his career progressed from selling capital equipment, financial services to internet services, with a wide management experience in both telephone and field sales, concentrating on the recruitment, training and development of sales people, in this role he gained experience in designing and building a number of successful sales teams. Colly brings thirty years of practical experience of selling and his ability to empathize with sales people and establish immediate rapport and credibility as a trainer, (the accolade Colly receives from most sales people is “that he has carried the bag”). A licensed practitioner of NLP Colly trained with Richard Bandler in 1998. When I entered the field of sales, back in 1969, with local franchise holder for Pepsi Cola because of my lack of knowledge of any selling skills I set a goal, to one day, start my own training company. As my career in sales progressed becoming a sales manager, group
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