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How to close the deal with an effective Sales Conversation

Guest post by: Edward Abel

Article Overview: Sales are a key component to building a thriving business. However, many people who start businesses are not natural sales people. If you find yourself in this category, try following the below step-by-step sales process. Though you'll need to adjust it for your particular business, it will provide you with a framework to closing more sales.

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How to close the deal with an effective Sales Conversation

Sales are a key component to building a thriving business. However, many people who start businesses are not natural sales people. If you find yourself in this category, try following the below step-by-step sales process. Though you'll need to adjust it for your particular business, it will provide you with a framework to closing more sales.

Step 1 - Establish rapport: To establish rapport, begin your sales conversation with a smile on your face and warmth in your voice. Find something in common and discuss it briefly. Continue building rapport throughout the sales conversation by listening actively to what your potential client is saying and responding appropriately. Remind yourself that you are having this conversation to attend to their needs. Encourage your potential client to do most of the talking throughout the sales conversation. You should be doing about 1/3 of the talking, and your potential client should be doing about 2/3s of the talking.

Step 2 - Uncover the client's situation / problem / needs: Before you start talking about your business or what you offer, ask the potential clients open-ended questions to uncover the situation, the problem, or his/her needs. Open-ended questions invite the other person to open up and to give a lot of information. These questions encourage long answers. This is your chance to understand your customer. It will take some practice for you to determine the best set of questions that gain the most information. Below are some ideas to inspire questions that will be more appropriate for your business:

Step 3 - Propose a solution and describe the benefits: Up until now, you have mostly listened and asked questions. Now it is time for you to talk. Once you are clear about the potential client's situation, problem, and needs, you can offer your solutions. Your job here is to show how your solution can address the client's situation. You can accomplish this easily by referring to what you know about the client's situation and by focusing on the benefits of what you offer.

As you share information about your offering, emphasize the features and benefits. A feature is a fact that tells something about the solution. A benefit is what the solution will mean to the client. Benefits appeal to people on an emotional level. Benefits highlight exactly how your offering will solve a problem - what it will do for the client.

Step 4 - Discuss the next steps: It is a natural progression to describe what you offer and then discuss what needs to happen next. The next steps depend on the nature of your business and your product or service. Here are some possible next steps that you can adapt to your business:

Step 5 - Ask for client's buy-in to move forward: If you offered the potential client a next step to which she is compelled to say "yes," then getting her buy-in is easy. Your sales conversation is nearly over. To get buy-in, ask a closed-ended question that either implies a "yes" response or allows for a yes-or-no response. Here are three questions that imply a "yes" response:

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Home > Small-Business-Consulting > Edward Abel > How to close the deal with an effective Sales Conversation >
Article Tags: business coach, business coaching, business consultant, business owner, business owners, business training, entrepreneur, ideas for small business, opening a start how to business plan

About the Author: Edward Abel
RSS for Edward's articles - Visit Edward's website

Ed Abel has invested more than three decades learning how to build a successful, thriving business. At age 24 with a $5,000 loan and the energy and passion of a young entrepreneur, Ed was ready to take on the world. And he did, only to emerge seven years later at the top of a $36 million organization with 585 employees. Inspired by the challenges that led him to success, Ed went on to build other multi-million dollar businesses, yet he missed the passion he experienced "in the trenches" of his formative years.

Determined to find a way to educate and advise others in the construction and sustainability of a vital business, he founded ABEL Business Institute. Over the course of this process, he developed The SkillPreneur Business System, a systematic approach to the construction, maintenance, and growth of a business's--an approach that has become the philosophy and methodology of ABEL Business Institute.

Ed is an adjunct professor of entrepreneurial studies at New York University (NYU) as well as the Director of the business division at the world class Institute for Professional Excellence in Coaching (iPEC). At iPEC, Ed directs the business division that is responsible for supporting the graduate coaches in their business development process.




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Online Sales and Marketing vs Traditional Online Sales and Marketing vs Traditional - Hi Evan, I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing
Re: Online Sales and Marketing vs Traditional Re: Online Sales and Marketing vs Traditional - [quote="ltrahan":31w9r2iz]Hi Evan, I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing[/quote:31w9r2iz] I second the request...
Re: English TV Programme Re: English TV Programme - The example in the Apprentice was signing exclusive rights to a company that would ONLY have rights to sell there product even thou they didnt have permission and could generate more revenue from other companies - but to close the deal they guaranteed exclusive rights to a small company not looking at the bigger picture. Again on TV show, just wanted results but in a real life scenario could of worked a better deal for the longterm.
Re: I'm Back Re: I'm Back - Mal, I haven't lost anyone quite as close to me as a father but I have lost a couple good friends and grandparents. It's definitely tough to deal with. You are in my thoughts. And welcome back.
Website Content Website Content - Great suggestions negotiations. I am much more likely to deal with a website which offers something of value instead of just trying to sell me something. Targeted and effective content is also a great way to build credibility for your website. Shri


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