Black Sales Journal

It is said, “If you don’t ask for the business, you won’t get the business.” Every one of you has heard that comment stated in one way or another, and probably from your sales manager.

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Fact is that in the world of professional sales you probably need some skill in closing technique, yet I am of the belief that skill might be a little overemphasized.   Those who sell features and benefits normally initiated the conversations with their customers with an in-depth conversation about their needs.  If this conversation is conducted correctly, significant progress is made toward your close based on this conversation.  It is important to realize that, if you have a solid relationship (see Black Sales Journal 7/11/2011 Customer Relationships Revisited) your need to manipulate and maneuver someone into a ‘hard’ close is not as important as it is if you are selling with no relationship.  They will give you all of the signals in the world because they trust you and believe that they can be open with you.

The close can be a really simple part of the sales process. Many make it one of the most complicated depending on their view of the activity. Many organizations require their sales professionals to undergo much training about the close and close techniques. Realistically a close should be very natural. Basically a successful close is the natural result of probing, answering, supporting, and problem solving. The natural close is what happens when the objections have disappeared and the comfort levels are high.  That comfort is with you, your product, and your company.

It Begins With You – Know Your Relationship Level

Are you a trusted advisor, counselor, or business friend? If you are, you have developed a relationship along the way that will allow you to logically close without sounding like you are “Willy Loman” (Death of a Salesman). In this type of relationship you have done the ‘heavy lifting’ upfront and secured the opportunity to guide someone through the sales process with the close being much like a ‘soft’ landing. It is obviously the best way, as someone trusts you to help him or her make a good decision.

If you are not there, you may have more work to do with the buyer to develop their degree of trust.  That is not bad either. But attempts to constantly maneuver someone into the corner that you are calling a close could eventually backfire if your relationship is lacking. Asking the little questions to get the prospect used to saying “yes” is an akin to basic manipulation in the eyes of buyer. Let’s not insult the buyer’s intelligence.  Do you think they don’t know this is happening?  If you are adept at it, you might ‘tick’ them off even more. Know that the nature of the relationship governs your ability to move to the ‘soft’ landing that is a successful close.

If you read this journal you recognize my suggestion to ‘master the relationship’.  If you can’t develop a strong relationship before the time is necessary to close, I would definitely suggest being careful about a high-pressure close.  The objective is to be seen by the buyer you as a potential trusted confident and advisor, a professional who can provide value and solutions for their organization.

You never want them to see you as someone targeting them for a ‘hard sell’.  If they do, your calls will cease to be returned, and you will hear less and less from the buyer if they do not give you the ‘all out’ boot.

The Logical Conclusion

Remember to view the close as a logical conclusion to a sales process. This conclusion may, or may not, be successful, but it will disclose the buyers sentiments if done correctly.  If it is done prematurely, it will uncover objections that you may not know about, and at that point you will have an opportunity to continue to probe and solve. There is sound logic to this approach—if you cannot get sound feedback from the buyer, move to close then the objections will be stated and can be addressed.

Once again the relationship is key.  I do recognize that there are many types of products, sales cycles, and situations that do not give you an opportunity to develop the ideal relationship.  In those cases, you might be building the relationship over several sales cycles.  If you are lucky success will be early, but if not, you will naturally modify your close techniques when the relationship is strong.

Master the relationship.

We welcome your comments. You can reach me at Michael.Parker@BlackSalesJournal.com.

2014 is still going, but as we get to mid-November it is obvious that you have just under three months to make goals, and possibly save your job, or make additional gains which might also give you a financial boost.

You almost want to tell your prospect or customer: “It’s the Fourth Quarter, Do You Want to Buy or Not?!!!!”

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A month and a half s is far from an eternity, but it is enough time to make some things happen.

It is a tough economy out there so some customers are not making decisions with the timeliness that you might need, but that is the way that the last quarter goes.  I am going to pose some basic actions that might make it more clear what your opportunities are, and maybe even help give results when you need them most.

It’s Not Now or Never – But Now Would Be Better!

I once was buying  products for a large social service organization.  Having had a sales background I marveled at how many of the sales professionals (some more professional than others) tried to get me ‘off the dime’.  In many cases they did not realize some of my limitations, such as the funding cycles of a not-for-profit.

As a buyer,  as a sales professional and sales manager, I recognize that the more you know about your customer, and their liberties or limitations, the better you are.  Remember as well that everything pivots off of the relationship.  If you have a strong durable relationship, you can approach topics that others might find more difficult.

Stay in front of your buyer – But with a purpose! – Face-to-face is the always the best way to put the gentle pressure on to close a deal.  For customers who appear slow to make a decision you will want to set-up last quarter meetings to discuss any number of items (customer satisfaction, upcoming year needs, recaps of services during the current year, etc.).  If you set up these meetings at mid-year, it puts you in front of the client at a crucial time…decision time.

Use tact and probes to determine objections. – This is no time to ‘jelly foot’ around. You need to use your probing and interview skills to determine why you can’t close this one.  Be tactful and direct in determining what the objections are, and realize that getting to the bottom of this is easier than finding a new prospect.  Something is keeping the customer from making a decision; your job is to make sure that it is not some aspect of your product, organization, or you.  If you don’t have the right product-price combination, get your customer to tell you without negotiating against your own organization by cutting the price before you know if that is the problem.

Add something of value! Move to close – I am not into ‘smoke and mirrors’, but you may have to find something that has either service or economic value, and ‘sweeten the pot’.  You can’t let the offers hang out there indefinitely, but you probably don’t want to retract them.  A suggestion is that you can try adding  things to the offers for a limited time.  Make sure it is something that you can afford to give, and remember that you should be able to put some value on it, because if you cannot, your customer will assume it is of little value.  An example would be, a financial products sales professional indicating telling the customer that if he/she consummates the deal that in the months of November or December that they will receive a retirement planning session for free.

Keep Score

Nothing is worse than believing in the unbelievable.  Make a list of your prospects/customers that owe you answers and grade them.  Just being honest with yourself is worth bundles.  Spend your time making the most probable ones happen, and move down the list from there.

Don’t leave stones unturned and questions unanswered. Tie up the loose ends and by all means, be the professional.

Your comments are welcome.