Business

A guide to closing sales: 5 powerful closing techniques

Pearl Lemon Sales teaches you sales training closing techniques that will help you get more business and increase your yearly turnover.

The key to closing a sale is to emphasize the customer’s needs and to learn about their specific needs and preferences throughout the process.

The affordability of the products should also be considered, and everything should be offered as a solution to the customer’s problem. These details, if relayed properly, can give rise to the closing techniques.

Establishing deadlines or emphasizing the limited availability of products can help close sales more quickly.

Finding out who the key decision-makers are in advance can save a lot of time if you want your pitch to succeed – finding out who they are can save a lot of time. Quick responses accompanied by clear quotes can help you stand out from the crowd.

A professional and serious approach shows product knowledge, which is more persuasive.

The actual sales process can also be sped up by simplifying it for the buyer.

Being yourself leads to natural conversation so it is as important to understand the competition as it is to understand the competition. Lastly, it is important to let the customer speak when they wish, and to be prepared to answer any questions or objections he or she may have.

Here are five powerful closing techniques you need to master

Before you reach the closing moment, please follow the standard closing strategies above. Once that is done, the customer can be shown an appropriate closing technique, based on how they are responding.

1. Closing with a “Now or Never” attitude

The close might include an offer that seems tailored to the customer in question, since it is based on a sense of urgency. Whether it’s via suggesting that a product or service is the last one available for the price being offered, the goal is to inspire a purchase there and then.

It may also be possible to offer a discount for customers who sign up on the day, or to offer an unusual perk, such as premium placement on a delivery list, or complimentary services as a ‘one-off,’.

2. Ending with a ‘Summary’

The name gives the game away: salespeople must summarize and reiterate all of the product or service’s advantages before they ask any closing questions.

Your goal is to package the various points of interest and agreement expressed by the customer into one sentence so they are able to easily visualize the deal.

Free next-day delivery ensures you’ll have it by lunchtime tomorrow, and the money-back guarantee gives you complete freedom. “What is the best time to send your goods?”

3. Closing by assumption

Closing techniques like this are popular. Assumptive closes involve acting as if a sale is already closed, and that the next step is for the customer to decide whether quantity or delivery time is right for them.

A salesperson may ask you, “How many are you interested in?” Do you want it delivered next week or next month?

If you do the groundwork and the customer expresses a lot of interest or agreement, this should work. It is less direct, and the customer can certainly subvert it with more questions.

4. Close with a soft touch

Using the soft close technique, you question prospects about the benefits you offer, in order to get more information.

 Additionally, it makes reps more aware of customer needs and pain points. An employee service representative might ask, “If this training program was able to decrease staff turnover by 75% and increase productivity by the same amount, would you be interested in learning more?”

Despite being indirect, the question gives the customer a sense of confidence about taking the next step.

5. Closing remarks on the ‘Question’

In order to achieve the close, a series of probing questions is asked to evoke desire from the customer while obviating any objections that may arise.

In fact, a question could be used to close the deal, which has the benefit of allowing any outstanding concerns to be addressed. Furthermore, if there are concerns, the pitch can be further developed.

As a skilled salesperson, you should confidently implement closing techniques during sales pitches to save a lot of time and disappointment.

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