Posts Tagged ‘closing techniques’

Telephone selling in commodity markets – ask for the order

Friday, November 26th, 2010

Telephone selling in commodity markets – ask for the order.

You may well work in some form of commodity market. I always feel selling in these situations is particularly challenging. You don’t get much chance to use your selling skills, and certainly limited opportunities to talk benefits. The customer is simply doing a phone round, and frankly unless you’re the cheapest – the lowest price, you’re unlikely to get the order. This may make you feel a bit downhearted like the lady in the picture below. 

Ask for the order - telephone sales tip
Ask for the order – telephone sales tip

It is important though to remember to ask for the order. Basic advice I know, but how often is it neglected? Especially when you’re already conditioned to think that they won’t want to buy from you, at least not until they’ve completed a phone round.

I was recently sat with a client who is in a commodity selling market. We have carried out a range of training and one of the key things has been to get the team of 7 to ask for the order whenever they quote. The client proudly told me that the team has generated 13% more sales in the 3 months since training than in the 3 months before! Admittedly this is not all down to the team just asking this one question. We’ve done a fair amount of training, and the client has also been proactive in developing more attractive packages and training on product knowledge. However a 13% increase in sales volume is good – however it has been achieved.
Part of my advice was to ensure that the question – asking for the order accompanied requests for quotes. Then back it up with a benefit statement. So it might sound like this “OK, I can supply that for you at £120 per kilo, and we can have it delivered for you by the day after tomorrow. Would you like me to organise that for you?”  After all, remember the old maxim if you don’t ask they can’t say yes!
You might be expecting a fob-off, but ask the question anyway, you’ll be surprised how many times it works. And what’s the worst that will happen? They’ll give you the fob-off anyway. Remember customers just want life to be made easy for them. And sometimes, they can’t really be bothered to carry on phoning around especially if what they may save is fairly small beer.
Remember fortune favours the brave! So be brave and you will be rewarded. Enjoy your selling.
To Market runs telephone sales, telemarketing and customer service training courses across the East Midlands, Peterborough, Cambridge, Leicester, Northampton, Derby, Nottingham, Kettering, Corby, Wellingborough, Coventry, Birmingham, Lichfield, Solihull, Peterborough, Wolverhampton, West Midlands, Milton Keynes, Lincoln, East Midlands as well as wider parts of Leicestershire, Northamptonshire, Cambridgeshire, Suffolk, Buckinghamshire, Warwickshire, Nottinghamshire and Derbyshire.

Telesales closing – it’s only a question that’s all

Monday, November 8th, 2010

Telesales closing technniques. It’s easy really, it’s only a question that’s all.

Closing techniques for telesales - easy really

Closing techniques for telesales - easy really

I am often asked about closing tips and techniques for telesales and telemarketing people when clients commission me to run training courses for their sales teams. Sometimes people tell me that their sales team doesn’t close well enough, or that they are frightened of the close. Frightened of what ? Asking a question ? Surely not ?

No, the close should be the natural extension of the conversation you are having with the person you are talking to. The key to effective closing is really about doing the other bits right first. The only reason you should be going for the close, where you ask the prospect for their commitment is because you’ve done everything else and you think they should say yes.

The earlier parts of the sales process are where you ask questions at the identifying needs stage. Your questioning skills and listening skills are the most important elements here. Once you’ve listened to, and got clear about what the prospect’s needs really are, you can then offer your matching statements by telling them how you offer a product or service that matches their requirements. This will frequently involve reinforcing the fact that their requirements are entirely logical and that is why you offer that product or service.

You use the seek and speak circle to control the conversation, and benefit statements to create interest and hopefully a little excitement. That is the quality that will ultimately make them decide to commit NOW – today. This is what you want to aim for.

If you’re getting the right signs and the right level of interest, then you simply ask the question. There are many ways of doing this and your words will need to fit the situation, but they should sound soft and consensual, “Ok, so is this what you want to go for then ?” or “Shall I go ahead and set them up for you now ?” or “great let’s start the ball rolling then shall we ?”

The close really is only a question, nothing more, nothing less. Do your groundwork properly first, and greater conversion rates will be yours! The world definitely has room for one more superstar.

To Market runs telephone sales, telemarketing and customer service training courses across the East Midlands, Peterborough, Cambridge, Leicester, Northampton, Derby, Nottingham, Kettering, Corby, Wellingborough, Coventry, Birmingham, Lichfield, Solihull, Peterborough, Wolverhampton, West Midlands, Milton Keynes, Lincoln, East Midlands as well as wider parts of Leicestershire, Northamptonshire, Cambridgeshire, Suffolk, Buckinghamshire, Warwickshire, Nottinghamshire and Derbyshire

Why do sales people fail to close ?

Friday, April 23rd, 2010

Why do sales people fail to close ? This is a question we spotted on a forum recently and it is an interesting question. With over 140 responses so far it has clearly got the juices going.

The key reason why sales people don’t close effectively is out of fear. They either don’t ask the question at all, or ask it at the wrong time.

Closing the sale - is all about overcoming the fear of rejection

Closing the sale - is all about overcoming the fear of rejection

For a sales person to close at the right time, all they need to do is understand where they are in the process and trust themselves and the process.

As a rule of thumb it is a good idea to open the prospect up by asking them some open questions (so that’s your 7 ‘W’s.) Then just listen attentively and pick up on both what they are saying and how they’re saying it. This will allow you to decide which aspects of your product or service are most relevant to them. You support this with some benefit statements explaining clearly and concisely why this is what they need – and then you watch for buying signals. Once you get a buying signal, the close should be the natural and logical next step.

And it should be remembered that the close is simply a question that’s all. No great drama, it’s just a closed question.

 If they decline at this stage you merely go back to asking questions to uncover more about their needs. To ask the question at the wrong time means you’ve not used the above process accurately enough.

Finally, remember that “everyone lives by selling something” so there should be no great shame attached to going for the close.

Like most things be relaxed, remember you’re a human, relate to them as a human and the close and successful selling should become a natural ‘next step.’

To Market offers telephone sales training, telesales training, telemarketing training for companies across the Midlands ; Leicester, Northampton, Kettering, Wellingborough, Coventry, Birmingham, Daventry, Melton Mowbray, Cambridge, Newmarket, Warwick, Stratford on Avon, Leamington Spa, Loughborough, Nottingham, Derby, Solihull, Lichfield, and wider parts of Leicestershire, Northamptonshire, Warwickshire, Suffolk plus the East and West Midlands