Virden Thornton is the founder and president of The $elling Edge, Inc., offering professional salescoaching in sales, customer relations, sales management training and professional sales training coaching. Virden is the author of 101 Sales Myths and Building & Closing the Sale.
Closing is the logical conclusion of a demonstration of your products and services in a professional sales presentation. Make certain that you ask enough open-ended questions to know for certain that you are applying the correct solutions to the exact problems and needs you have uncovered from your questioning. Through this process, the answers to your questions should give you all the levers you need to create a sense of urgency in your prospects.
Urgency can also be created when prospects can take advantage of special pricing on packages or bundles of products for a limited period. Make certain that all special offers or time constraints are pointed out to your prospects so that they can feel the need or urgency of making a decision today. If service charges will be increased or interest rates will change soon, use this information to set the stage for a positive and timely buying decision.
You can also create urgency by asking your prospects how much it will cost them not to take action today. If a suggested product will help them make money or avoid losing money, show them exactly what it will cost them to leave this problem unsolved. Also show them the pitfalls of trying a “do it yourself approach.” Often from this vantage point, prospects will be able to overcome the natural reluctance to making changes and move forward with a favorable decision.
If your prospects are still reluctant, ask them about their concerns or reasons for not moving forward on your suggestions. Often a person just needs to verbalize why he feels the way he does to see that his concerns have little or no foundation in reality. To assist your prospects, write down each concern and then weigh or compare the reason to wait or postpone a decision against the benefits of taking action now. If you have built trust with your prospects, you can act almost as an independent consultant might act to help them “weigh” what would be in their best interest. It’s always best to have all the reasons for reluctance to proceed out in the open so that they can be addressed, minimized, and new positive reasons given for taking action.
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