7:  Confirming and Closing the Sale

 

Marc Gedansky of OceanLake

 

A.  Closing and Confirming the Sale

        The Close

 

        Closing is Part of the Ongoing Selling Process

 

 

        What the Close Represents

 

 

B.  Avoiding the Close

        Experienced Salespeople

 

 

        New Salespeople

 

 

C.  The Trial Close

        There is no single, best time to attempt a close

        Closing is appropriate in three situations:

                        1

 

                        2

 

                3

What is a trial close and what are some important trial close signals?

 

D.  Principles of Persuasion I n Closing

        1.  Consistency Principle

 

        2.  Commitment Principle

 

        3.  Reciprocity Principle

 

        4.  Social Validation Principle

 

        5.  Authority Principle

 

        6.  Scarcity Principle

 

        7.  Friendship Principle

 

 

E.  Closing Techniques:  The more techniques you know, the greater the chance of closing with a range of buyers.

1.  Clarification Closes

2.  Psychological-Oriented Closes

 

 

3.  Straightforward Closes

 

 

4.  Concession Closes

 

5.  Lost Sale Closes

 

    F.  Letting Customers Close the Sale

        *

 

        *

 

        Silence Can be Golden in Closing

 

 

G.  Closing Mistakes

        1.  Talking past closing signals

 

        2.  Failing to recognize prospect buying signals

 

        3.  Projecting a lack of confidence

 

        4.  Reluctance to try trial closes on early calls

 

        5.  Inflexibility in using closing techniques

 

        6.  Giving up too soon

 

        7.  Lingering too long after the close

 

        8.  Failure to practice closing skills

 

        9.  Lack of alternative closing strategies

 

        10.  Failure to understand the need to close

 

H.  How  Do You Handle Sales Rejection?

        Rejection should be viewed as:

 

 

        Constructive ways to deal with rejection:

 

 

 

I.  What Not To Do When the Prospect Doesn’t Buy

 

 

 

J.  Immediate Post-sale Activities