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Closing the Sale

Closing – Doesn’t Mean the End
It could be said that ‘closing’ is an inappropriate term to describe the final part of the sales process. It infers the ‘end’ of something, when, in many cases the relationship between the salesperson and the customer is, hopefully, continuing. Even staff in a retail environment should not think of their interaction with a customer as a ‘one-off’ event. Instead, they should see it as part of an ongoing relationship – turning every customer into a loyal client. 

This is better thought of as the next step in a logical progression.  It is the 4th or ‘Action’ step in the AIDA sales process: Attention, Interest, Desire, Action.
 It should be a smooth transition, not a specific set of skills or armoury of phrases to ‘close’ the customer. If all the other steps in the process have been adequately completed, the customer will be keen to buy.  They will only need your assistance in making this step as easy as possible. 

4 Techniques
While there are no ‘trick phrases’ that will work consistently, there are ways that you can help the process take its course.

1.
Once you have a good idea of what a customer needs (using open questions and clarifying with paraphrasing), you will then explain the options available.  This is the time to check which option the customer prefers.  For this you might use closed questions (eg “So it looks like the best options are these two.  Is there one that you prefer out of them?”)

2. Once you’ve clarified what the customer wants, use closed questions to move to the next step. (eg “We’ve got one in a box in the warehouse. Did you want to take one today?”  or “Did you want to book that in?  What day suits you best?”)This is also known as the assumed close.

3.
If there is a genuine reason why they should buy now, be sure to point it out (upcoming price rise, limited stocks, etc); but don’t bluff.

 
4. Just ask “Do you want it?” The worst they can say is no.

 

    

Dealing with the Premature Price Request
Effective selling depends on timing.  You should determine when to introduce price – and this should not be before you’ve gathered all the information you need.  Customers will often ask you for the price before you’ve determined –
 

  • What is the best product for their needs?

  • What else do they need to have it perform at its best?

  • What other options might they have to consider?

What you can do –

  • Acknowledge their request

  • Explain why you’re not giving a figure yet (for example, you need more information)

  • Show that you’re careful and considerate and you want to get it right before you mention a figure

  • Try to gauge their expectations ("What did you expect to pay?")

It’s All About Your Attitude
If you don’t believe the product is right for the customer, you will probably have trouble closing.  If you expect that you will always have the cheapest price, you’ll have trouble mentioning your price with confidence.  If, however, you have identified the customers needs so you know you’ve recommended the right product, and you believe that it is good value – then the closing steps of the sale will flow naturally.

© 2005 Ryan+Associates Australia. Ryan+Associates Australia is a member of Synergy Partners.

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