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A Selling Method for Large Project Selling
                   The Evans Group LLC
                            August, 2006



                                             1
8 PER YEAR




             2
AGENDA
The Evolution of Selling – Where we have been / Where we are Going
                         What Not To Do
                            Old Model
                           New Model
                           SPIN Model
                        Selling Sequence
                       Ten Business Needs
                    Real Life In The Trenches
                           I OBJECT !!
                The Ease His Pain Selling Method
                 Is It Safe? Pain Probing Method
               Ease His Pain - Trial Closing Methods
                Thou Shalt Know Thy Competition
                               If…
                           Next Steps                  3
The Evolution of Selling

   Where we have been
   Where we are going




                           4
What Not To Do




                 5
Old Model Of Selling




           10% Intro/ Relate
             20% Qualify
           30% Presentation
             40% Close
                               6
New Model


            40% Trust
            30% Needs
            20% Present
            10% Close


                          7
SPIN Model



   Building trust by asking the right
      questions at the right time




                                        8
Neil Rackham, a research behavioralist,
 was funded by major corporations to
 research the sales process as no one
 had done before. It spanned 12 years,
 covered 35,000 sales calls and required
 an investment of over $1,000,000. He
 documented every single behavior in
 the sales process

                                9
“SPIN”
 An Acronym for the different kinds of
questions that can be asked during the
            sales process

•   “S”ITUATION
•   “P”ROBLEM
•   “I”MPLICATION
•   “N”EED – PAYOFF

                              10
Basic Findings

 • In successful sales calls, it’s the
   BUYER who does most of the talking

 • How do you get the buyer to talk? By
   asking SMART QUESTIONS in a
   particular sequence


                                  11
Situation Questions


• Asks for information that is current
  (collects facts, information and
  background info on existing situations)

  – “Who are your present suppliers?”
  – “What kind of delivery are you receiving?”


                                      12
Research Found:
 – The more Situation Questions in a sales
   call, the less likely it was to succeed

 – Most people asked a lot more Situation
   Questions than they realized

 – Successful salespeople ask these
   questions economically. They do their
   homework. They find basic factual
   information from other sources, NOT THE
   BUYER
                                    13
Situation Questions Summary

• DEFINITIION:          Finding out facts about
  the buyer’s existing situation
• EXAMPLES:             “How many people do
  you employ at this location?” “Could you tell
  me how the system is configured?”
• IMPACT:               Least powerful of the
  SPIN® questions. Negative relationship to
  success. Most people ask too many
• ADVICE:               Eliminate unnecessary
  Situation Questions by doing your homework
  in advance
                                       14
Inexperienced people
don’t link problems
and solutions…             Solution


   Problem   Problem


                Problem




             BUYER
                          SELLER
                             15
Experienced people see the
link between problems and
solutions – all too clearly
                                       Solution
               Problem
    Problem
                            Solution
                 Problem


                           Solution
              BUYER
                                       SELLER
                                       16
Problem Questions


• Most experienced
  sales people spend their
  qualifying time asking these -
  (probes for problems, difficulties or
  dissatisfaction)
  – “Are backorders a problem for you?”
  – “Have you been experiencing any quality
    problems with your product?”
                                      17
Research found:
  • Problem Questions are more strongly linked to
    sales success than Situation Questions

  • In smaller sales, the link was strong; the more
    Problem Questions asked, the greater the
    success of the call

  • In larger sales, or where there was an ongoing
    relationship between buyer and seller, Problem
    Questions were not strongly linked to sales
    success

  • The ratio of Situation to Problem Questions
    asked by sales people is a function of their
    experience. Experienced Sales people ask a
    higher proportion of Problem Questions

                                          18
Problem Questions Summary
• DEFINITIION:                 Asking about problems;
  difficulties or dissatisfactions that the buyer is
  experiencing with the existing situation
• EXAMPLES:                    “What makes this operation
  difficult?” “Which parts of the system create errors?”
• IMPACT:                      More powerful than Situation
  Questions. People ask more Problem Questions as they
  become more experienced at selling
• ADVICE:                      Think of your products or
  services in terms of the problems they solve for buyers –
  not in terms of the details or characteristics that your
  products possess
                                                19
Implication Questions
 • Once a problem (Implied Need) has been
   stated by the customer, the SPIN sales
   person begins asking Implication Questions –
   linking one problem already stated to another
   problem that might also be occurring because
   of the first problem)

 • Take a problem the buyer perceives to be
   small and develop and demonstrate to the
   buyer, through questions, that the problem is
   large enough to justify his action

                                        20
• Research found:
     • No other type of question had so much
       influence on the customer’s decision to buy
     • Extremely difficult to ask
     • 95% of all sales training dollars are spent on
       product knowledge and technical selling skills


• Many sales people think they are already
  asking these questions and may, but the key
  is linking problems and solutions


                                             21
Implication Questions Summary
• DEFINITIION:              Asking about the
  consequences or effects of a buyer’s problems,
  difficulties or dissatisfactions
• EXAMPLES:                 “What effect does that
  problem have on output?” “Could that lead to
  added costs?”
• IMPACT:                   The most powerful of all
  questions. Top salespeople ask lots of Implication
  Questions
• ADVICE:                   These questions are the
  hardest to ask. Plan them carefully before key
  calls
                                          22
Need – Payoff Questions
 • These questions investigate and develop the
   customer’s needs, wants or desires for a
   solution to the problems you have exposed.
   Increases a customer’s desire for a solution
   to a problem:
   – “Is it important for you to solve this
     problem?”
   – “Why would you find this solution so
     useful?”
   – “Is there any other way this could help
     you?”
                                       23
Need-Payoff Questions Summary
• DEFINITIION:            Asking about the value or
  usefulness of a proposed solution
• EXAMPLES:               “How would a quieter
  printer help?” “If we did that, how much could
  you save?”
• IMPACT:                 Versatile questions used a
  great deal by top salespeople. Positive impact on
  customers who rate calls high in Need-Payoff
  Questions as helpful and constructive
• ADVICE:                 Use these questions to get
  buyers to tell you the benefits that your solution
  can offer
                                           24
THE SALES PRESENTATION


• Sooner or later you have to
  demonstrate that you have a solution to
  help solve the buyer’s problems

• In large sales, introducing your solution
  later is clearly more effective than
  sooner

                                   25
MOST SALES PEOPLE “TELL”
THROUGHOUT SALES PROCESS,
   THEN “ASK” FOR ORDER




                    26
SPIN SALES PEOPLE “ASK”
   THROUGHOUT THE SALES
PROCESS AND THEN “TELL” THE
 PROSPECT WHAT TO DO NEXT




                      27
CALL OUTCOME
•   Obtaining the RIGHT Commitment
    –   In simple sales there are two possible
        call outcomes
           1. An Order
           2. No Sale

    –   In large sales, it may result in an action
        that moves you closer to the sale
           – An Advance – a successful outcome

    –   The key is getting buyer agreement on an
        action that moves you towards the sale,
        if it doesn’t
           – A Continuation – an unsuccessful outcome
                                            28
Obtaining Commitment

 • Top sellers close more calls, more
   effectively, by:
   – Turning Continuations into Advances
   – Understanding what kind of Advance can
     make the call successful
   – Setting realistic closing objectives that
     move the sale forward


                                       29
The Ease His Pain
  Selling Method




                    30
Putting it all Together for
    Large Project Sales
  A Selling Sequence at work here, too

  Ten Business Needs of All Businesses

         Spin Selling Questions

    Useful Listening and Closing Tips

                                         31
MAXIMIZING YOUR POTENTIAL
 … MASTERING THE SELLING SEQUENCE


 • Pre-Call Planning           •   Future Needs
 • Greeting Along the Path     •   Problem Solving
 • Rapport Building            •   Exiting
                               •   Make Another
 •   Want Lists, Order Guides or   Call?
     Inventory
 •   Review Ordering History
 •                             •
     Walking the Catalog(s)/Sell   Post-Call
     Systems                       Planning
 •   Flyers and Hot Sheets
 •   Samples & New Ideas
                                        32
TEN BUSINESS NEEDS
1.    Increase Sales
2.    Increase Profits
3.    Attract New Customers
4.    Retain Customers
5.    Lower Costs
6.    Attract & Retain Quality Personnel
7.    Stay Out of Regulatory Trouble
8.    Reliable Source of Goods and Services
9.    Improve Cash Flow
10.   Create A Competitive Advantage
                                       33
BUT FIRST, I OBJECT!!!


• Anticipate the Dealership objections
• Handle them proactively
• What are they?




                                 34
I OBJECT!!!


•   You’re too small
•   You’re too big
•   You don’t know our business
•   You’re too far away
•   We do it ourselves


                                  35
Don’t forget these useful
 expansion for learning
          tips:

 • Mirroring
 • Extending
 • Summarizing




                            36
To Mirror is to utilize a key
  word in the customer’s
answer back to them as a
 question for more detail.

 •   “Effective?”
 •   “Broken?”
 •   “Difficult?”
 •   “Impossible?”
Learn more about their pain from
    their detailed response.
                                   37
It’s easy to get them to
 extend upon details –
        just ask!


• “Tell me more”
• “Then what happened?”
• “What happened next?”



                           38
And now, the most
  important 5 words in
      listening…

“So what you are saying is …”

The mark of a good listener.


 Gives you an opportunity to
 confirm details or the pain.
                                39
I OBJECT!!!!!!

•   Anticipate the Business Objections
•   Practice Handling Them
•   Utilize Testimonials. . .
•   “We’re too far along in the opening
•
    – That’s the same way
           Customer B felt. . .




                                          40
Ease his Pain
                                               Pre-call Planning
PREPARE                                Trial Closing during the Interview

TESTIMONIALS                                    # 4 AND # 7

AND                                              KNOW
                                            A CURED PATIENT

PRACTICE THEM                          AN EFFECTIVE TESTIMONIAL


Tu Setinways was in the same situation, trapped in the new store opening
tornado. It’s a real storm cloud of activity isn’t it?
Tu found that we were able to quote his job from his plans while he managed
the job site with the General Contractor.
We gave Tu a competitive price in a few days without any site interruption.
With our great attention to detail and our stocked items, Tu found our
Dealership was able to consolidate his order and alleviate the chaos of drop
ship equipment cluttering the job site before it was needed.
Jason was glad he met us and let us into his evaluation process even at the
last minute. Today, we are doing Tu’s 10th store!
                                                                    41
To know one's objection…                      … is to know his Pain
           Pre-call Planning                      Pre-call Planning
                   #1                                     #2
              DIAGNOSE                               ANTICIPATE
                THE PAIN                            THE OBJECTION

    too much to do to open a new store         too far along in the process

          UNDERSTAND THAT WHY                    UNDERSTAND THAT ANY
           A CUSTOMER BUYS                     DEALER SALES OPPORTUNITY
                  IS                                     HAS
         TO SOLVE A BUSINESS NEED             THE SAME OBJECTION POTENTIAL


         TEN BUSINESS NEEDS                    DEALERSHIP OBJECTIONS
             INCREASE SALES              1)
            INCREASE PROFITS
                                         2)
        ATTRACT NEW CUSTOMERS

            RETAIN CUSTOMERS             3)
               LOWER COSTS

   ATTRACT & RETAIN QUALITY PERSONNEL    4)
   STAY OUT OF REGULATORY TROUBLE        5)
 RELIABLE SOURCE OF GOODS AND SERVICES
                                         6)
            IMPROVE CASH FLOW
    CREATE A COMPETITIVE ADVANTAGE       7)                         42
Is it Safe?

Pain Probing Method




                      43
44
Is it Safe?
           Pre-call Planning
        Probing during the Interview
                  #3

          FIND THE PAIN
     ASK SITUATIONAL QUESTIONS




1)


2)


3)




                                       45
THE BRIGHT LAMP QUESTIONS
      too many are interrogating
They provide facts or background - set the stage for problem
questions
Types:       Are you. . . ?
           Do you know if . . .?
             Have you. . .?
            How many. . .?
            What kind of. . .?
             How old. . .?
              Did you. . .?
            How do you. . .?
          Who's in charge of. . .?
            What's the. . .?
            How much. . .?
       Am I right in thinking that. . .?
      When did you first notice that. . ?
         Has the . . .remained. . .?
     Have the number of. . .increased. ?
             Does the . . .?
              Is there. . .?
             What is . . .?
These questions get at facts! Buyers get bored with too many!
    Remember the one word mirror!!!
             study?
            finalize?
             create?
            problem?
             issue?
            broken?
           not helpful?
             tough?
            difficult?                          46
                                            then be quiet
Is it Safe?
          Pre-call Planning
       Probing during the Interview
                 #4

       EXPOSE THE PAIN
     ASK PROBLEM QUESTIONS



1)


2)


3)




                                      47
THE COUCH QUESTIONS
                                     help identify the problem/pain
Isolate and confirm problem/need                           No problem? - Nothing to solve
           Types:                      Are concerned that . . .?
                                      Are you worried that . . .?
                                     How are you handling . . .?
                                         Is it hard to . . . ?
                                   Do you have any problem with . . .?
                                   Have you had any difficulty with. .?
                                       Does that concern. . .?
                                      How long does it take. . .?
                                          How often. . .?
                                     Where is the breakdown. . .?
                                     How satisfied are you . . .?
                                       Are there parts that. . .?
                                       Could you explain. . .?
                                     Are you worried about . . .?
                                    Who usually has to deal with. . .?
                                            Where. . .?
                                            When . . .?
                                         What happens. . .?
       These surface buyers feelings!                      Going to fast is risky-know first!
                                     Remember tell me more!!!
                                      what else can you tell me?
                                               really?
                                            you're kidding?
                                       tell me more about that?
                                         can you believe it?
                                        does that happen a lot?
                                       could that be the cause?
                                      could you expand on that?
                                     could there be other factors?
                                                                               48
                                                                               then be quiet
Is it Safe?
               Pre-call Planning
           Probing during the Interview
                       #5

           CONFIRM THE PAIN
     ASK IMPLICATION and NEED QUESTIONS



1)


2)


3)




                                          49
THE EXAM ROOM QUESTIONS
                              get at the seriousness of the problem
They link problems and identify                                How big the problem(pain) is
                    Types:               Has that affected . . . ?
                                         Has that led you to . . . ?
                                       How has that impacted . . .?
                                        Could that be causing . . .?
                                     How much do you estimate that. . .?
                                        Have these problems. . .?
                                        Could an increase in . . .?
                                        How might that affect. . .?
                                         How often does that. . .?
                                       What does that result in. . .?
                                        Does that ever lead to. . .?
                                      What are the implications of . . .?
                                          How will the team. . .?
                                       Do you feel there is a risk. . .?
                                      What are the downsides of . . .?
                                       Are you going to keep up. . .?
                                       Are you going to be able. . .?
                                         Can you talk about. . .?
       These intensify the pain!!!                   Create self-awareness of the pain!!!
                                     Remember to summarize first-
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                       So what your're saying is. . .
                                                                               50
                                                             Summarize often-creates a listener!
Ease His Pain Trial Closing
         Method




                              51
52
Ease his Pain
             Pre-call Planning
     Trial closing during the Interview
                   #6
              PRESCRIBE
     THE REMEDY FOR THE PAIN



1)


2)


3)




                                          53
TAKE THE JUMP QUESTIONS
                              allow you to test a solution

They need you to summarize first                       Then take a try at closing



                               Then what you're saying is. . .
                           If you had a . . That would solve.. .
                            Having that. . Is important. . .
                           By getting. . .you be able. . . .
                                    Knowing that. . .
                                   By working with a reliable . . .
                              So what you're saying is. . .
                               If we could shorten. . .
                              So what you're saying is. . .
                                It would be a help if. . .
                              So what you're saying is. . .
                            You could save if . . . . .
                                    Establishing a . . .
                                    Knowing that . . .


                                                Create a pain summary. Test your remedy.

                                                                          54
Testimonials help when
     you get shut down on the trial close
         you don't understand yet
        the buyer needs more time
      the buyer needs to sell himself
           You need more time

     Have more than one Testimonial ready
      what related examples could work?


1)


3)
2)


3)



                                            55
Ease his Pain
                               Pre-call Planning
                         Presenting during the Interview

                                 # 3 AND # 8
                                  PRESENT
                          the features and benefits of
                                of your Dealership




1)   TOOL

     PROBLEM IT SOLVES                                     You
                                                              rD
                                                                e al e
                                                                         rsh
     2) F
                                                                               ip
       B



     3) F
        B

                                                                         56
Understand that
Anything you say during a sales call that is not followed by a ?
              Is either a Presentation or a Close

  If you have not properly exposed the Pain, you will be asking for
                 the Objection to raise it’s ugly head

                       MAKE SURE YOUR
                     SITUATIONAL QUESTIONS
                      PROBLEM QUESTIONS
                     IMPLICATION QUESTIONS
                    SUMMARIZING TECHNIQUES
                     MIRRORING TECHNIQUES
                      PROBING TECHNIQUES
                    TRIAL CLOSING TECHNIQUES
                      TESTIMONIAL STORIES

   Have all combined to isolate and intensify the pain that is relative
                   to the objection you anticipate

                   if you build the bridge they will come!
                                                             57
Ease his Pain
                Pre-call Planning
     CLOSEing THE DEAL during the Interview
                     #9
            PRESCRIBE AGAIN
         THE REMEDY FOR THE PAIN




1)


2)


3)



                                              58
TYPES OF CLOSING
         AFTO
         AFTO
         AFTO

      Written Close

       Oral Close

    Ben Franklin Close

  The Sharp Angle Close

 My Dear Old Mother Close

   I'll Think it Over Close

 Reduce to Ridiculous Close

     Negative Close

     Puppy Dog Close

         Bridge
        Tie-down


CONFIRM NEXT STEPS


               have a reason to return. . . Gain agreement

                                      59
Oral Close




• Nothing more than a question you ask
• The simplest, easiest and best close to
  master
          “What’s your PO number?”


                                     60
Written Close
 • “Let Me Make A Note
    Of That” Close
 • Answer a question with a question
   – Q - Does it come in walnut?
      • A – Is that the color you want?
   – Q – Yes, I think so
      • A – Let me make a note of that
 As you write it down, you’ll probably be asked
   why, and might even say they’re not giving
   you an order

                                          61
• The basic written close is this, “Mr. Customer,
  I’m just writing it down for reference, to
  organize my thoughts, and to be sure I have
  all the right information. I just don’t want to
  forget anything that would affect you.”

  – Ask as many questions as you can that
    the customer won’t hesitate to answer and
    while asking, write down things
     • Ask questions like:
        –   Names, correct spelling?
        –   Shipping Address?
        –   Billing Address?
        –   What else will you consider?
        –   Where will you be using the product?
                                                   62
The Assumptive Close


 If you’ve done everything properly and
    know the products/services are right for
    this customer, but you sense hesitation
    – act and speak as if the customer is
    going ahead with the purchase



                                    63
The Benjamin Franklin Balance
Sheet Close              Pros Cons

 Validate it with old Ben
   – Remember him?

   “Mr. Customer, all of us in America have
   long thought Benjamin Franklin one of our
   wisest, greatest men. You do, don’t you?
   Well, whenever Ben found himself in a
   situation like you’re in, he’d always think if it
   was the right or wrong thing to do. He
   always made up a yes and no list, he’d take
   a sheet of paper and list the pros and cons.
   Let’s do that.”
                                          64
The Sharp Angle Close
• In order to use this close,
  you first have to maneuver the customer into
  making a demand or expressing a desire that
  you can meet

• Almost any benefit that people want can be
  sharp-angled:
  –   Getting an order before a price increase
  –   Guaranteed delivery by a certain date
  –   Credit terms
  –   Installation assistance
  –   On-Site training
  –   Color choices                     65
The Secondary Question Close
• Pose the major decision with a question, and
  without pausing, add another question that is
  an alternative advance involvement question

  – AKA…”The Colombo Close”
     • Example – “As I see it, John, you’re ready for a
       30-quart mixer. You see it will reduce labor,
       make a better product, and you’re clear it’s the
       right brand. By the way, will you use it for
       dough, or a lot of different applications?”


        Losers Wing It – Winners Prepare
                                     66
The Higher Authority Close
• A person known and
  respected by the customer
• Select the higher authority
  figure in advance (competition
  they have is great stuff to start
  with)
• Recruit your higher authority figure
  and ask them to be a reference
• Set your higher authority figure up for the
  specific sales situation
• Set your customer up for the higher authority
  figure close
• Close after the call                   67
The Similar Situation Close
 • When you find yourself with a prospect who
   has an objection or problem similar to one
   you’ve already overcome, tell your prospect
   about the similar situation
 • The average sales person does this
 • To be a pro, you have lots of notes, when you
   need to prove a point, you get out the notes
   and show the customer how you’ve already
   solved the problem for someone else


                                       68
The My-Dear-Old Mother Close
 Whenever you ask a closing question, shut up!
      The first person who speaks, loses!

• Here’s a clever way to break the silence…
  when you’re talking and they are silent, what
  do you do?
  – Don’t push, Don’t cajole
  – Don’t be discouraged
  – Don’t be aggressive
• Smile ear to ear. Stand relaxed
  “My dear old mother used to
  say, Silence means consent.
  Was she right?”                       69
The “I’ll Think It Over” Close
          • “Let me sleep on it”
          • “Leave it with me and
            I’ll get back to you”
          • “I’ll let you know next week”
             – With any statement like this,
               they expect that you will
               leave and they will be free
             – If you are average – you will
               agree with them, and make
               notes to bring it up again
               next time.
              Your odds are now reduced by
                            80%
                                     70
• What to do?
  – Agree with them. Confirm the fact that
    they are really going to think it over
  – Make them squeak – ask “John, you’re not
    just saying that to get rid of me, are you?”
  – Clarify and twist harder – ask “Have I
    don’t something wrong, are you
    questioning my integrity or how I’ll
    perform?”
  – Ask benefit questions – “Isn’t it the right
    product?” “Aren’t the terms right”, “So the
    problem really is money, right?”
  – Imply guilt – “Did I do something in my
    presentation that made you think I couldn’t
    delivery the goods right, or mislead you?”
                                        71
– Confirm that it’s the money
  • If you are able to do this, all the other
    objections wash away and with the
    implication of guilt you can ask the right
    question:
     – “Will I get this order when you confirm the
       money? I thought you had decided it was
       an investment you had to make and from
       what you’ve said, I’m the guy. Want to get
       the order in now and get it over with? Come
       on, want to see a picture of my kids or my
       worn out shoe soles?”
  • Smile, be relaxed. Be fluid. Don’t be
    flashy. Don’t hesitate
                                        72
The Reduction to the Ridiculous
Close
 • “It’s higher than
   we want to go.”
 • “Too much money!”
 • The first step is to
   find out how much is
   too much? Reduce it
   to the simplistic, also known
   as the “Lowest Common Denominator Close”
 • Specialize this to your company
                                   73
– Your goal, if you haven’t already figured it
  out – is to reduce the objection to the
  ridiculous
– Once they see their concern is larger than
  reality, the door is open
– Close




                                      74
The Negative Close



 • Simple, effective close, but
   needs practice to be done effectively
 • If you express doubt in your prospect’s
   ability to do something, he’ll tend to do it
   just to prove you are wrong


                                      75
The Puppy Dog Close
 • How do you sell
   a puppy dog?

   – Let them take it home
     on a trial basis
   – It works in business too
   – Offer a guarantee of
     money back (let them try it).
   – Never close the sale while they are trying
     the goods. Just ask if it’s working, if they
     like it and shut up
                                        76
• To insure 100% satisfaction, be sincere and
  really mean what you are saying:

     • Get the product there

     • Call and make sure it arrived, ask if they need
       any help, further instructions, have any
       questions. Solve any problems. Express
       concern that they want the product

     • Emphasize guilt as you call. Tell them you are
       sticking your neck out with your company, may
       have to pay a penalty to return it, but you want
       to do the right thing for them

                                              77
• Don’t close. Shut up

  • Ask again later. This time tell them it’s like a
    puppy dog. Ask one simple question in a basic
    way, “I hope you are satisfied, did my gamble
    work?” “ I’m not going to get in trouble am I?”
    “Will you keep the product?”

– This only works when you’ve done your
  homework, sold the right product, made
  sure they are using it right
– When you know your customer you’ll give
  them the right product and imply guilt, if
  they even think of returning it!

                                          78
The “Why Don’t You Love
Me?” Close
 Use it with prospects, long term
  customers, with a man or woman,
  always sitting down and hands
  clasped on the table (with
  sincere puppy dog eyes)

   “What am I doing wrong? Is it me? Have I
     not presented well? I understand you to
     say that you won’t buy from me. Give me
     some fatherly/motherly advise. Why don’t
     you love me?”
                                     79
• One of two things will happen: You’ll close the
     sale. Objections will come up honestly and you
     can close the sale

                        OR

   • You’ll learn what you do wrong. The customer
     will be brutally honest and you’ll learn for the
     future

– It takes an incredible amount of practice.
  You must be smooth, soft and sincere.
  Not only will you learn a lot, but you’ll gain
  a real customer, filled with respect for you

                                            80
To Close Effectively You Must
BRIDGE
 • Apologize
   – Tell the customer you
      don’t want to push, you
     just want the sale
      • “I’m sorry, I thought you were ready to go ahead
        with the purchase”
 • Summarize, using tie-downs
   – “You wouldn’t talk to me if you didn’t have
     an interest, would you?”
   – “Have I and my company been good to you
     in the past?”
   – “So I’m just asking to be supplier to you.
     Do you mind my asking that?”       81
• Ask a Lead-In question:
  – “These are all the things we’ve discussed
    so far, and we have agreed on all of them,
    correct?”
• Bridging is done between closes. It
  may be necessary to go from one close
  to another fluidly, and bridge techniques
  help the customer to know you are
  trying to understand their needs

                                      82
Understanding Tie Downs
 • Tie Downs are questions you put at the end
   of statements that call for agreement from the
   client, leading them to a close
 • Most are leading questions, getting the client
   to elaborate on their thoughts about your
   statements. Examples:
   –   Aren’t they
   –   Don’t we?
   –   Isn’t it?
   –   Didn’t it”

                                        83
–   Aren’t you”
–   Shouldn’t it?
–   Wasn’t it?
–   Isn’t that right?
–   Can’t you?
–   Wouldn’t it?
–   Haven’t they?
–   Won’t They?
–   Couldn’t it?
–   Hasn’t he?
–   Hasn’t she?
–   Won’t you?
–   Doesn’t it?         84
Telephone Closing
 • Amplify your voice
 • Speak clearly
 • Don’t rush (especially when leaving voicemail
   messages)
 • Stand
 • Smile
 • Speak professionally
 • Vary your tone and inflection
 • Use picture-drawing words
                                       85
Thou Shalt
   Know Thy Competition!!!

• Who are they?
• What do they do well?
• What don’t they do well?



                             86
If You Build It, They Will
         Come
      Closing Methods




                             87
88
If you build it they will come .
                           Pre-call Planningand Post-call Planning
                                       # 1 and # 10
                                    BE PREPARED
                             . . .before, during and after. . .


           Know your selling Sequence
Anticipate all Dealership objections prior to any call
     Thou Shalt Know Thy Competition!!!!
        Always build Business Rapport
       Write down your Goals for the Call

        Know the PAIN EXPOSURE Plan



                                                                  89
Don't close too early
                 ASK QUESTIONS

           Brush up on your Testimonial

Brush up on your applicable Features and Benefits

                   Summarize
                   Summarize
                   Summarize
                   Summarize
                   Summarize
                   Summarize
                   Summarize
                 Summarize/Jump
                     Is it Safe?
                     AFTO
                     AFTO
                     AFTO
             Take notes for the next call
                  Ease his Pain
                                      If you build it, they will come
                                                    90
If you find their pain, and if
  you take your time, they
          will close.



                                 91
Next Steps




             92

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Ease His Pain-Seminar

  • 1. A Selling Method for Large Project Selling The Evans Group LLC August, 2006 1
  • 3. AGENDA The Evolution of Selling – Where we have been / Where we are Going What Not To Do Old Model New Model SPIN Model Selling Sequence Ten Business Needs Real Life In The Trenches I OBJECT !! The Ease His Pain Selling Method Is It Safe? Pain Probing Method Ease His Pain - Trial Closing Methods Thou Shalt Know Thy Competition If… Next Steps 3
  • 4. The Evolution of Selling Where we have been Where we are going 4
  • 5. What Not To Do 5
  • 6. Old Model Of Selling 10% Intro/ Relate 20% Qualify 30% Presentation 40% Close 6
  • 7. New Model 40% Trust 30% Needs 20% Present 10% Close 7
  • 8. SPIN Model Building trust by asking the right questions at the right time 8
  • 9. Neil Rackham, a research behavioralist, was funded by major corporations to research the sales process as no one had done before. It spanned 12 years, covered 35,000 sales calls and required an investment of over $1,000,000. He documented every single behavior in the sales process 9
  • 10. “SPIN” An Acronym for the different kinds of questions that can be asked during the sales process • “S”ITUATION • “P”ROBLEM • “I”MPLICATION • “N”EED – PAYOFF 10
  • 11. Basic Findings • In successful sales calls, it’s the BUYER who does most of the talking • How do you get the buyer to talk? By asking SMART QUESTIONS in a particular sequence 11
  • 12. Situation Questions • Asks for information that is current (collects facts, information and background info on existing situations) – “Who are your present suppliers?” – “What kind of delivery are you receiving?” 12
  • 13. Research Found: – The more Situation Questions in a sales call, the less likely it was to succeed – Most people asked a lot more Situation Questions than they realized – Successful salespeople ask these questions economically. They do their homework. They find basic factual information from other sources, NOT THE BUYER 13
  • 14. Situation Questions Summary • DEFINITIION: Finding out facts about the buyer’s existing situation • EXAMPLES: “How many people do you employ at this location?” “Could you tell me how the system is configured?” • IMPACT: Least powerful of the SPIN® questions. Negative relationship to success. Most people ask too many • ADVICE: Eliminate unnecessary Situation Questions by doing your homework in advance 14
  • 15. Inexperienced people don’t link problems and solutions… Solution Problem Problem Problem BUYER SELLER 15
  • 16. Experienced people see the link between problems and solutions – all too clearly Solution Problem Problem Solution Problem Solution BUYER SELLER 16
  • 17. Problem Questions • Most experienced sales people spend their qualifying time asking these - (probes for problems, difficulties or dissatisfaction) – “Are backorders a problem for you?” – “Have you been experiencing any quality problems with your product?” 17
  • 18. Research found: • Problem Questions are more strongly linked to sales success than Situation Questions • In smaller sales, the link was strong; the more Problem Questions asked, the greater the success of the call • In larger sales, or where there was an ongoing relationship between buyer and seller, Problem Questions were not strongly linked to sales success • The ratio of Situation to Problem Questions asked by sales people is a function of their experience. Experienced Sales people ask a higher proportion of Problem Questions 18
  • 19. Problem Questions Summary • DEFINITIION: Asking about problems; difficulties or dissatisfactions that the buyer is experiencing with the existing situation • EXAMPLES: “What makes this operation difficult?” “Which parts of the system create errors?” • IMPACT: More powerful than Situation Questions. People ask more Problem Questions as they become more experienced at selling • ADVICE: Think of your products or services in terms of the problems they solve for buyers – not in terms of the details or characteristics that your products possess 19
  • 20. Implication Questions • Once a problem (Implied Need) has been stated by the customer, the SPIN sales person begins asking Implication Questions – linking one problem already stated to another problem that might also be occurring because of the first problem) • Take a problem the buyer perceives to be small and develop and demonstrate to the buyer, through questions, that the problem is large enough to justify his action 20
  • 21. • Research found: • No other type of question had so much influence on the customer’s decision to buy • Extremely difficult to ask • 95% of all sales training dollars are spent on product knowledge and technical selling skills • Many sales people think they are already asking these questions and may, but the key is linking problems and solutions 21
  • 22. Implication Questions Summary • DEFINITIION: Asking about the consequences or effects of a buyer’s problems, difficulties or dissatisfactions • EXAMPLES: “What effect does that problem have on output?” “Could that lead to added costs?” • IMPACT: The most powerful of all questions. Top salespeople ask lots of Implication Questions • ADVICE: These questions are the hardest to ask. Plan them carefully before key calls 22
  • 23. Need – Payoff Questions • These questions investigate and develop the customer’s needs, wants or desires for a solution to the problems you have exposed. Increases a customer’s desire for a solution to a problem: – “Is it important for you to solve this problem?” – “Why would you find this solution so useful?” – “Is there any other way this could help you?” 23
  • 24. Need-Payoff Questions Summary • DEFINITIION: Asking about the value or usefulness of a proposed solution • EXAMPLES: “How would a quieter printer help?” “If we did that, how much could you save?” • IMPACT: Versatile questions used a great deal by top salespeople. Positive impact on customers who rate calls high in Need-Payoff Questions as helpful and constructive • ADVICE: Use these questions to get buyers to tell you the benefits that your solution can offer 24
  • 25. THE SALES PRESENTATION • Sooner or later you have to demonstrate that you have a solution to help solve the buyer’s problems • In large sales, introducing your solution later is clearly more effective than sooner 25
  • 26. MOST SALES PEOPLE “TELL” THROUGHOUT SALES PROCESS, THEN “ASK” FOR ORDER 26
  • 27. SPIN SALES PEOPLE “ASK” THROUGHOUT THE SALES PROCESS AND THEN “TELL” THE PROSPECT WHAT TO DO NEXT 27
  • 28. CALL OUTCOME • Obtaining the RIGHT Commitment – In simple sales there are two possible call outcomes 1. An Order 2. No Sale – In large sales, it may result in an action that moves you closer to the sale – An Advance – a successful outcome – The key is getting buyer agreement on an action that moves you towards the sale, if it doesn’t – A Continuation – an unsuccessful outcome 28
  • 29. Obtaining Commitment • Top sellers close more calls, more effectively, by: – Turning Continuations into Advances – Understanding what kind of Advance can make the call successful – Setting realistic closing objectives that move the sale forward 29
  • 30. The Ease His Pain Selling Method 30
  • 31. Putting it all Together for Large Project Sales A Selling Sequence at work here, too Ten Business Needs of All Businesses Spin Selling Questions Useful Listening and Closing Tips 31
  • 32. MAXIMIZING YOUR POTENTIAL … MASTERING THE SELLING SEQUENCE • Pre-Call Planning • Future Needs • Greeting Along the Path • Problem Solving • Rapport Building • Exiting • Make Another • Want Lists, Order Guides or Call? Inventory • Review Ordering History • • Walking the Catalog(s)/Sell Post-Call Systems Planning • Flyers and Hot Sheets • Samples & New Ideas 32
  • 33. TEN BUSINESS NEEDS 1. Increase Sales 2. Increase Profits 3. Attract New Customers 4. Retain Customers 5. Lower Costs 6. Attract & Retain Quality Personnel 7. Stay Out of Regulatory Trouble 8. Reliable Source of Goods and Services 9. Improve Cash Flow 10. Create A Competitive Advantage 33
  • 34. BUT FIRST, I OBJECT!!! • Anticipate the Dealership objections • Handle them proactively • What are they? 34
  • 35. I OBJECT!!! • You’re too small • You’re too big • You don’t know our business • You’re too far away • We do it ourselves 35
  • 36. Don’t forget these useful expansion for learning tips: • Mirroring • Extending • Summarizing 36
  • 37. To Mirror is to utilize a key word in the customer’s answer back to them as a question for more detail. • “Effective?” • “Broken?” • “Difficult?” • “Impossible?” Learn more about their pain from their detailed response. 37
  • 38. It’s easy to get them to extend upon details – just ask! • “Tell me more” • “Then what happened?” • “What happened next?” 38
  • 39. And now, the most important 5 words in listening… “So what you are saying is …” The mark of a good listener. Gives you an opportunity to confirm details or the pain. 39
  • 40. I OBJECT!!!!!! • Anticipate the Business Objections • Practice Handling Them • Utilize Testimonials. . . • “We’re too far along in the opening • – That’s the same way Customer B felt. . . 40
  • 41. Ease his Pain Pre-call Planning PREPARE Trial Closing during the Interview TESTIMONIALS # 4 AND # 7 AND KNOW A CURED PATIENT PRACTICE THEM AN EFFECTIVE TESTIMONIAL Tu Setinways was in the same situation, trapped in the new store opening tornado. It’s a real storm cloud of activity isn’t it? Tu found that we were able to quote his job from his plans while he managed the job site with the General Contractor. We gave Tu a competitive price in a few days without any site interruption. With our great attention to detail and our stocked items, Tu found our Dealership was able to consolidate his order and alleviate the chaos of drop ship equipment cluttering the job site before it was needed. Jason was glad he met us and let us into his evaluation process even at the last minute. Today, we are doing Tu’s 10th store! 41
  • 42. To know one's objection… … is to know his Pain Pre-call Planning Pre-call Planning #1 #2 DIAGNOSE ANTICIPATE THE PAIN THE OBJECTION too much to do to open a new store too far along in the process UNDERSTAND THAT WHY UNDERSTAND THAT ANY A CUSTOMER BUYS DEALER SALES OPPORTUNITY IS HAS TO SOLVE A BUSINESS NEED THE SAME OBJECTION POTENTIAL TEN BUSINESS NEEDS DEALERSHIP OBJECTIONS INCREASE SALES 1) INCREASE PROFITS 2) ATTRACT NEW CUSTOMERS RETAIN CUSTOMERS 3) LOWER COSTS ATTRACT & RETAIN QUALITY PERSONNEL 4) STAY OUT OF REGULATORY TROUBLE 5) RELIABLE SOURCE OF GOODS AND SERVICES 6) IMPROVE CASH FLOW CREATE A COMPETITIVE ADVANTAGE 7) 42
  • 43. Is it Safe? Pain Probing Method 43
  • 44. 44
  • 45. Is it Safe? Pre-call Planning Probing during the Interview #3 FIND THE PAIN ASK SITUATIONAL QUESTIONS 1) 2) 3) 45
  • 46. THE BRIGHT LAMP QUESTIONS too many are interrogating They provide facts or background - set the stage for problem questions Types: Are you. . . ? Do you know if . . .? Have you. . .? How many. . .? What kind of. . .? How old. . .? Did you. . .? How do you. . .? Who's in charge of. . .? What's the. . .? How much. . .? Am I right in thinking that. . .? When did you first notice that. . ? Has the . . .remained. . .? Have the number of. . .increased. ? Does the . . .? Is there. . .? What is . . .? These questions get at facts! Buyers get bored with too many! Remember the one word mirror!!! study? finalize? create? problem? issue? broken? not helpful? tough? difficult? 46 then be quiet
  • 47. Is it Safe? Pre-call Planning Probing during the Interview #4 EXPOSE THE PAIN ASK PROBLEM QUESTIONS 1) 2) 3) 47
  • 48. THE COUCH QUESTIONS help identify the problem/pain Isolate and confirm problem/need No problem? - Nothing to solve Types: Are concerned that . . .? Are you worried that . . .? How are you handling . . .? Is it hard to . . . ? Do you have any problem with . . .? Have you had any difficulty with. .? Does that concern. . .? How long does it take. . .? How often. . .? Where is the breakdown. . .? How satisfied are you . . .? Are there parts that. . .? Could you explain. . .? Are you worried about . . .? Who usually has to deal with. . .? Where. . .? When . . .? What happens. . .? These surface buyers feelings! Going to fast is risky-know first! Remember tell me more!!! what else can you tell me? really? you're kidding? tell me more about that? can you believe it? does that happen a lot? could that be the cause? could you expand on that? could there be other factors? 48 then be quiet
  • 49. Is it Safe? Pre-call Planning Probing during the Interview #5 CONFIRM THE PAIN ASK IMPLICATION and NEED QUESTIONS 1) 2) 3) 49
  • 50. THE EXAM ROOM QUESTIONS get at the seriousness of the problem They link problems and identify How big the problem(pain) is Types: Has that affected . . . ? Has that led you to . . . ? How has that impacted . . .? Could that be causing . . .? How much do you estimate that. . .? Have these problems. . .? Could an increase in . . .? How might that affect. . .? How often does that. . .? What does that result in. . .? Does that ever lead to. . .? What are the implications of . . .? How will the team. . .? Do you feel there is a risk. . .? What are the downsides of . . .? Are you going to keep up. . .? Are you going to be able. . .? Can you talk about. . .? These intensify the pain!!! Create self-awareness of the pain!!! Remember to summarize first- So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . So what your're saying is. . . 50 Summarize often-creates a listener!
  • 51. Ease His Pain Trial Closing Method 51
  • 52. 52
  • 53. Ease his Pain Pre-call Planning Trial closing during the Interview #6 PRESCRIBE THE REMEDY FOR THE PAIN 1) 2) 3) 53
  • 54. TAKE THE JUMP QUESTIONS allow you to test a solution They need you to summarize first Then take a try at closing Then what you're saying is. . . If you had a . . That would solve.. . Having that. . Is important. . . By getting. . .you be able. . . . Knowing that. . . By working with a reliable . . . So what you're saying is. . . If we could shorten. . . So what you're saying is. . . It would be a help if. . . So what you're saying is. . . You could save if . . . . . Establishing a . . . Knowing that . . . Create a pain summary. Test your remedy. 54
  • 55. Testimonials help when you get shut down on the trial close you don't understand yet the buyer needs more time the buyer needs to sell himself You need more time Have more than one Testimonial ready what related examples could work? 1) 3) 2) 3) 55
  • 56. Ease his Pain Pre-call Planning Presenting during the Interview # 3 AND # 8 PRESENT the features and benefits of of your Dealership 1) TOOL PROBLEM IT SOLVES You rD e al e rsh 2) F ip B 3) F B 56
  • 57. Understand that Anything you say during a sales call that is not followed by a ? Is either a Presentation or a Close If you have not properly exposed the Pain, you will be asking for the Objection to raise it’s ugly head MAKE SURE YOUR SITUATIONAL QUESTIONS PROBLEM QUESTIONS IMPLICATION QUESTIONS SUMMARIZING TECHNIQUES MIRRORING TECHNIQUES PROBING TECHNIQUES TRIAL CLOSING TECHNIQUES TESTIMONIAL STORIES Have all combined to isolate and intensify the pain that is relative to the objection you anticipate if you build the bridge they will come! 57
  • 58. Ease his Pain Pre-call Planning CLOSEing THE DEAL during the Interview #9 PRESCRIBE AGAIN THE REMEDY FOR THE PAIN 1) 2) 3) 58
  • 59. TYPES OF CLOSING AFTO AFTO AFTO Written Close Oral Close Ben Franklin Close The Sharp Angle Close My Dear Old Mother Close I'll Think it Over Close Reduce to Ridiculous Close Negative Close Puppy Dog Close Bridge Tie-down CONFIRM NEXT STEPS have a reason to return. . . Gain agreement 59
  • 60. Oral Close • Nothing more than a question you ask • The simplest, easiest and best close to master “What’s your PO number?” 60
  • 61. Written Close • “Let Me Make A Note Of That” Close • Answer a question with a question – Q - Does it come in walnut? • A – Is that the color you want? – Q – Yes, I think so • A – Let me make a note of that As you write it down, you’ll probably be asked why, and might even say they’re not giving you an order 61
  • 62. • The basic written close is this, “Mr. Customer, I’m just writing it down for reference, to organize my thoughts, and to be sure I have all the right information. I just don’t want to forget anything that would affect you.” – Ask as many questions as you can that the customer won’t hesitate to answer and while asking, write down things • Ask questions like: – Names, correct spelling? – Shipping Address? – Billing Address? – What else will you consider? – Where will you be using the product? 62
  • 63. The Assumptive Close If you’ve done everything properly and know the products/services are right for this customer, but you sense hesitation – act and speak as if the customer is going ahead with the purchase 63
  • 64. The Benjamin Franklin Balance Sheet Close Pros Cons Validate it with old Ben – Remember him? “Mr. Customer, all of us in America have long thought Benjamin Franklin one of our wisest, greatest men. You do, don’t you? Well, whenever Ben found himself in a situation like you’re in, he’d always think if it was the right or wrong thing to do. He always made up a yes and no list, he’d take a sheet of paper and list the pros and cons. Let’s do that.” 64
  • 65. The Sharp Angle Close • In order to use this close, you first have to maneuver the customer into making a demand or expressing a desire that you can meet • Almost any benefit that people want can be sharp-angled: – Getting an order before a price increase – Guaranteed delivery by a certain date – Credit terms – Installation assistance – On-Site training – Color choices 65
  • 66. The Secondary Question Close • Pose the major decision with a question, and without pausing, add another question that is an alternative advance involvement question – AKA…”The Colombo Close” • Example – “As I see it, John, you’re ready for a 30-quart mixer. You see it will reduce labor, make a better product, and you’re clear it’s the right brand. By the way, will you use it for dough, or a lot of different applications?” Losers Wing It – Winners Prepare 66
  • 67. The Higher Authority Close • A person known and respected by the customer • Select the higher authority figure in advance (competition they have is great stuff to start with) • Recruit your higher authority figure and ask them to be a reference • Set your higher authority figure up for the specific sales situation • Set your customer up for the higher authority figure close • Close after the call 67
  • 68. The Similar Situation Close • When you find yourself with a prospect who has an objection or problem similar to one you’ve already overcome, tell your prospect about the similar situation • The average sales person does this • To be a pro, you have lots of notes, when you need to prove a point, you get out the notes and show the customer how you’ve already solved the problem for someone else 68
  • 69. The My-Dear-Old Mother Close Whenever you ask a closing question, shut up! The first person who speaks, loses! • Here’s a clever way to break the silence… when you’re talking and they are silent, what do you do? – Don’t push, Don’t cajole – Don’t be discouraged – Don’t be aggressive • Smile ear to ear. Stand relaxed “My dear old mother used to say, Silence means consent. Was she right?” 69
  • 70. The “I’ll Think It Over” Close • “Let me sleep on it” • “Leave it with me and I’ll get back to you” • “I’ll let you know next week” – With any statement like this, they expect that you will leave and they will be free – If you are average – you will agree with them, and make notes to bring it up again next time. Your odds are now reduced by 80% 70
  • 71. • What to do? – Agree with them. Confirm the fact that they are really going to think it over – Make them squeak – ask “John, you’re not just saying that to get rid of me, are you?” – Clarify and twist harder – ask “Have I don’t something wrong, are you questioning my integrity or how I’ll perform?” – Ask benefit questions – “Isn’t it the right product?” “Aren’t the terms right”, “So the problem really is money, right?” – Imply guilt – “Did I do something in my presentation that made you think I couldn’t delivery the goods right, or mislead you?” 71
  • 72. – Confirm that it’s the money • If you are able to do this, all the other objections wash away and with the implication of guilt you can ask the right question: – “Will I get this order when you confirm the money? I thought you had decided it was an investment you had to make and from what you’ve said, I’m the guy. Want to get the order in now and get it over with? Come on, want to see a picture of my kids or my worn out shoe soles?” • Smile, be relaxed. Be fluid. Don’t be flashy. Don’t hesitate 72
  • 73. The Reduction to the Ridiculous Close • “It’s higher than we want to go.” • “Too much money!” • The first step is to find out how much is too much? Reduce it to the simplistic, also known as the “Lowest Common Denominator Close” • Specialize this to your company 73
  • 74. – Your goal, if you haven’t already figured it out – is to reduce the objection to the ridiculous – Once they see their concern is larger than reality, the door is open – Close 74
  • 75. The Negative Close • Simple, effective close, but needs practice to be done effectively • If you express doubt in your prospect’s ability to do something, he’ll tend to do it just to prove you are wrong 75
  • 76. The Puppy Dog Close • How do you sell a puppy dog? – Let them take it home on a trial basis – It works in business too – Offer a guarantee of money back (let them try it). – Never close the sale while they are trying the goods. Just ask if it’s working, if they like it and shut up 76
  • 77. • To insure 100% satisfaction, be sincere and really mean what you are saying: • Get the product there • Call and make sure it arrived, ask if they need any help, further instructions, have any questions. Solve any problems. Express concern that they want the product • Emphasize guilt as you call. Tell them you are sticking your neck out with your company, may have to pay a penalty to return it, but you want to do the right thing for them 77
  • 78. • Don’t close. Shut up • Ask again later. This time tell them it’s like a puppy dog. Ask one simple question in a basic way, “I hope you are satisfied, did my gamble work?” “ I’m not going to get in trouble am I?” “Will you keep the product?” – This only works when you’ve done your homework, sold the right product, made sure they are using it right – When you know your customer you’ll give them the right product and imply guilt, if they even think of returning it! 78
  • 79. The “Why Don’t You Love Me?” Close Use it with prospects, long term customers, with a man or woman, always sitting down and hands clasped on the table (with sincere puppy dog eyes) “What am I doing wrong? Is it me? Have I not presented well? I understand you to say that you won’t buy from me. Give me some fatherly/motherly advise. Why don’t you love me?” 79
  • 80. • One of two things will happen: You’ll close the sale. Objections will come up honestly and you can close the sale OR • You’ll learn what you do wrong. The customer will be brutally honest and you’ll learn for the future – It takes an incredible amount of practice. You must be smooth, soft and sincere. Not only will you learn a lot, but you’ll gain a real customer, filled with respect for you 80
  • 81. To Close Effectively You Must BRIDGE • Apologize – Tell the customer you don’t want to push, you just want the sale • “I’m sorry, I thought you were ready to go ahead with the purchase” • Summarize, using tie-downs – “You wouldn’t talk to me if you didn’t have an interest, would you?” – “Have I and my company been good to you in the past?” – “So I’m just asking to be supplier to you. Do you mind my asking that?” 81
  • 82. • Ask a Lead-In question: – “These are all the things we’ve discussed so far, and we have agreed on all of them, correct?” • Bridging is done between closes. It may be necessary to go from one close to another fluidly, and bridge techniques help the customer to know you are trying to understand their needs 82
  • 83. Understanding Tie Downs • Tie Downs are questions you put at the end of statements that call for agreement from the client, leading them to a close • Most are leading questions, getting the client to elaborate on their thoughts about your statements. Examples: – Aren’t they – Don’t we? – Isn’t it? – Didn’t it” 83
  • 84. – Aren’t you” – Shouldn’t it? – Wasn’t it? – Isn’t that right? – Can’t you? – Wouldn’t it? – Haven’t they? – Won’t They? – Couldn’t it? – Hasn’t he? – Hasn’t she? – Won’t you? – Doesn’t it? 84
  • 85. Telephone Closing • Amplify your voice • Speak clearly • Don’t rush (especially when leaving voicemail messages) • Stand • Smile • Speak professionally • Vary your tone and inflection • Use picture-drawing words 85
  • 86. Thou Shalt Know Thy Competition!!! • Who are they? • What do they do well? • What don’t they do well? 86
  • 87. If You Build It, They Will Come Closing Methods 87
  • 88. 88
  • 89. If you build it they will come . Pre-call Planningand Post-call Planning # 1 and # 10 BE PREPARED . . .before, during and after. . . Know your selling Sequence Anticipate all Dealership objections prior to any call Thou Shalt Know Thy Competition!!!! Always build Business Rapport Write down your Goals for the Call Know the PAIN EXPOSURE Plan 89
  • 90. Don't close too early ASK QUESTIONS Brush up on your Testimonial Brush up on your applicable Features and Benefits Summarize Summarize Summarize Summarize Summarize Summarize Summarize Summarize/Jump Is it Safe? AFTO AFTO AFTO Take notes for the next call Ease his Pain If you build it, they will come 90
  • 91. If you find their pain, and if you take your time, they will close. 91