The Close Makes the Man

Posted on by Chief Marketer Staff

“These are the new leads. These are the Glengarry leads. And to you, they’re gold. And you don’t get them. Because to give them to you is just throwing them away. They’re for closers.”

The first scene of the film “Glengarry Glen Ross” opens with a speech many sales pros dread. Blake, an executive from “downtown,” berates an underperforming sales team. He exhorts them to execute their ABC’s — “A-Always, B-Be, C-Closing.”

While you wouldn’t want your team emulating the scabrous salesmen in “Glengarry,” the inference is clear. The ABCs are the foundation of any contact center’s success. Whether you’re putting the final touches on a deal or gauging a prospect’s genuine interest through small commitments, you’re always closing.

In the telesales process you’re constantly looking to pinpoint a prospect’s hot buttons. These are those sources of discomfort that drive prospects to take that leap of faith and commit.

How do you measure a prospect’s willingness to act before you close? It requires an array of skills. You must build rapport and establish yourself as an expert and a problem solver. You’ll employ consultative questioning to better understand your prospect’s personal experience, authority, interest, organizational processes and commitment. Moreover, you’ll need to build a case and differentiate your solution. After taking these steps, you’re ready to close.

There are two types of closes you can use. The first is a test close — generally closed-ended questions designed to confirm a prospect’s understanding of your proposition and test their buy-in. However, this tactic often prompts objections or backtracking by alerting prospects to your intention to close.

More often than not you’ll attempt to close once a prospect runs out of questions, offers positive feedback about your solution or asks about things like price, terms of sale, shipping, return policy or specifications. At this point, it’s best to use an assumptive close, which is phrased in a way that assumes the sale has been made.

Here’s a few more things to make your closes more effective:

  • Parting Words

    Test closes

    Toss in an incentive (for example, a related product or an additional feature at no extra cost) that might entice the prospect to make a decision immediately.

  • Assumptive closes

    Restate a critical product benefit.

  • Consumers expect to be in control. Before closing, consider outlining your prospect’s options and the associated benefits, saving the optimal choice for last.

  • Prospects often fear the cost and embarrassment of making a mistake, not to mention the inherent confusion that change can bring about. Make the decision easy. Reassure the prospect that the sales process is short and simple. Similarly, consider dropping names of other customers before closing to boost the prospect’s confidence.

  • Tailor your close to the prospects’ unique situations. If he or she previously encountered service problems, use a close like this: “To prevent any costly disruptions in the future, let’s start your service now. OK?”

  • Create a sense of urgency. This can be done by citing limited availability, savings or a special promotion.

  • An often-cited statistic is that listeners hear only a fifth of what is said. You can’t assume prospects have retained every point. Therefore, summarize the benefits a prospect will receive from your solution.

  • Sound good so far?
  • Does that make sense?
  • Can you see how that would (insert benefit)?
  • How do you feel about…
  • Sounds (easy/like a solution), doesn’t it?
  • That’s pretty good value, wouldn’t you say?
  • What would be your time frame for implementing something like this?
  • Do you see anything that would prevent you from (insert action)?
  • Before we get started, do you have any questions?
  • You have two choices. You can either do (insert current action) and (insert eventual result)…or you can (insert action wanted) and (insert benefit). What are your thoughts?
  • Would you like this sent to your home address?
  • How would you like to pay for your (insert item)?
  • I can have this to you in (insert number of days). Is that soon enough?
  • Will (insert number of items) be acceptable?
  • Based on what you told me, I would recommend (insert item and associated benefit). Do you agree?
  • There’s no risk whatsoever.
  • Otherwise, just return it in (insert number of days) for a full refund.
  • Many customers who order (insert item) also add (insert new item). It (insert feature, benefit and tie-back to original product). Would you like to include that, too?
  • Let’s go ahead and (insert action), OK?
  • Why don’t I set this up for you now?
  • Do you have any other questions before we proceed?

Jeff Schmitt ([email protected]) is marketing and compliance manager at Advanced Data-Comm, Dubuque, IA, a subsidiary of Working Solutions, Plano, TX.

More

Related Posts

Chief Marketer Videos

by Chief Marketer Staff

In our latest Marketers on Fire LinkedIn Live, Anywhere Real Estate CMO Esther-Mireya Tejeda discusses consumer targeting strategies, the evolution of the CMO role and advice for aspiring C-suite marketers.



CALL FOR ENTRIES OPEN



CALL FOR ENTRIES OPEN