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Advanced Closing Skills



                       www.daveyoho.com
                          703 591 2490
   Entire contents are copyrighted by ©Dave Yoho Associates
Goals
Shorten sales cycle
Close m ore
Build Value
Close m at better prices
        ore
Avoid cancellation or rescission
Improve custom satisfaction
                er
Improve professional selling skills
OBJECTIVE OVERVIEW OF
    FACE-TO-FACE SELLING
Prospects most frequently purchase products/
                                           services based on
the following PERCEPTIONS:
   Credibility of salesperson
   Rapport with salesperson
   Consideration of their (the prospect's) value system
   Unique quality product/service tailored to their needs
   Product/service is superior to most other options
   Value equal to or exceeds price
   Ease, simplicity of purchase
   The seller is a knowledgeable specialist
Psychology of CLOSING
Need
We focus on developing need by persuading our prospects that they have problems with their
current conditions. The more need (problems) we expose: the desire of want will increase to
solve the problems. When you are unsuccessful in persuading your prospect that they have
significant need they will not buy from you… regardless of price!

Solution
We persuade our prospects that our company, products, installation, warranty, post installation
service and most importantly you, are the best solution to solve their problems and satisfy their
needs. When you are unsuccessful at persuading your prospect that you provide their best
solution, they will not buy from you… regardless of price!

Urgency
Urgency is automatically created when the content of the Solution matches the needs of the
prospect . We persuade our prospects to place their order at the conclusion of the presentation. If
you are unsuccessful in creating urgency by tailoring your presentation towards the prospects
needs and providing them with the only solution, they will not buy from you… regardless of price!
Selling “The Science”

    Procrastination               Objection           Co-communication                        Sale


                 SALES and
                 appropriate                  Isolate and                If I can will you?
               close to convert                  Solve




Think, Shop,                  Money, Cost,                  When, How                         Yes
Sleep, etc.                   Payment                       Soon, Etc.
THE SALES SYSTEM
                           PREPARATION

                            APPROACH

                             RAPPORT

                      WALK AROUND
                        (NEEDS ASSESSMENT)

                          COMPANY STORY

                       PRODUCT PRESENTATION
NO PRICE RESISTANCE    PRESENTING THE PRICE    PRICE RESISTANCE

    TRIAL CLOSE                               TOTAL OFFER CONCEPT

      CLOSE                                         CLOSE

                           AFFIRMATION
                            BUTTON UP
Selling Yourself
Greeting (script)
     Properly Affirm

Opening Statement (script)
     Appreciation/ Question/ Control

Value of the Visit (script)
     Sets the Stage

Survey (script/transition)
     Validates
     Discovers Values
PROXEMICS




  Keep the prospect to your right whenever possible
  Avoid placing anything on their desk (table) without permission


 Avoid authoritarian/   confrontational pos itioning (Fig . 1) --
Atte mpt to pos ition w ith pros pe ct (P) at de s k to the rig ht of
                       the s ale s pe rs on.
REMOVING THE BLOCKS TO
MORE PROFESSIONAL SELLING
         Arouse -- Affirm

     A   Motivation (Motive-Action)
         Left vs. Right Brain Reactions

         Asking Questions

     C   Learning to Listen
         Delayed Response

         Answering Questions With Questions

     I   Layering
         Information (Data Bank)

         Analyzing Information

     D   Determining How To Use It
         Auto Motivation
Uncovering “more” of the
     customers value system!

What will they base their decision on?
How will they go about gathering this
information?
Determine buying clues
Write it Down, Feed it back– build more rapport
Obtain Permission to ask for their business
Transition to Company
Sell Your Company (What are the Components?)

 Create Desire for Solution- How are you different

 Show unique qualities of your company (script)

 Embedded Commands

 Post Negative Suggestion

 3rd Party Layering– Tie Downs (script)

 Obtain Company Commitment (script)
YES/NO
Permission to say Yes or No (script)
– Only 3 things happen
– Justify it
– Lower the Wall of Resistance

Transition to Product (script)

Go get your Samples
– Head Check (you and them)
Sell Your Product
Present All The Options
Consultive Selling
Price Condition
Eliminate the “perceived” Alternatives
– If they Say it – they believe it
Avoid “Value Judging” Statements
I like This…
I think this is a great color
My favorite thing is…

These statements mean nothing to the
customer and are your hot buttons… not
theirs!
Sell Your Product
 Present the Exclusives

 Tie your exclusives to their needs

  Build Value-incrementally

  Set up the TOC

  Gain the Product Commitment (script)
PROSPECT’S PRICE/VALUE
       PERCEPTION


   NO                      YE S
                Unfavorable NEED x DESIRE Favorable
  COST
              =                          =
need x desire    Decision       cost       Decision
ELEMENTS WHICH REDUCE THE
    NUMBER AND STYLE OF OBJECTIONS

      ELEMENT                            PURPOS E
R.E.P. method/P.R.E. principle        Reduces price resistance

       Benefit-selling           Relates features and advantages
                                      of product or service to
                                             their needs

   Structured methodology                Avoids confusion,
                                      increases understanding

 Company story and product            Speeds up prospect's &
    (service) - visuals              customer's perception rate
Build Value with a System
  Present “options” with advantages and disadvantages

    Present Alternatives - - Educate – continue to build trust
    Price Condition- - Creates a price impression
    Eliminate the option - - Let the customer eliminate

 Present The Product in third party, followed by a question
  followed by an embedded command, price condition, gain
  commitment

    Example: All of my customers tell me that when they
    replace their windows they’ll only invest in windows that
    have a warm edge spacer system, knowing what you know
    now what would you do? Because of your decision to
    replace with a warm edge window you will enjoy your new
    windows for a lifetime!
Price Condition; Gaining Commitments

 Get the little yes’s needed through Layering
  Comparing (your product) to the other products available, which
   one do you think will last longer?

  Can you appreciate why more and more families today are
   choosing (your product) over any thing else?

  Does it stand to reason that (your product) might cost more than
   the others?

  Would you Invest a little more to have this product over the
   others?

 This technique allows you to build value incrementally…
 caution, Do not over use!
Selling Your Price
Reconfirm Your Commitments
Remind them of their Standards
Isolate Price
Reaffirm Selections
– Co Communication
– Tie Down Selection
– Walk the job again
Selling your Price
Maintain Rapport
S.A.L.E.S. Closing System
Complete the steps
Sequence of Events
Warm Down
Gather Referrals
Closing Steps
Write the order
Quote the price
Listen to Response
Affirm and Ask for clarification
Isolate
TOC
Get value Commitment
Closing Steps (cont)
Re Present the Permission Statement
Incentive Close
Support For Incentive
Negotiate
Signature
Button Up
What Is an Objection?
  Handling Objections
  – Don’t Argue
  – Don’t Attack
  – Lead them to overcome
  S.A.L.E.S. (Closing System)
S________ A________ L________E_______ S________
  Walk them through the “Normal” process
Selling “The Science”

    Excuse                        Objection                    Question                        Sale


                 SALES and
                 appropriate                  Isolate and                 If I can will you?
               close to convert                  Solve




Think, Shop,                  Money, Cost,                  When, How                          Yes
Sleep, etc.                   Payment                       Soon, Etc.
Handling Objections

Present the List Price
– Cost vs. Value
    (value building- price conditioning)
– Alternate Choice
Listen and Handle (Silence) (Affirm) (Layer)
– 4-6 second pause
– Isolate method of payment
Isolate Objections (Eliminate)
– Other than that?
RIGHT - - - - LEFT BRAIN
Essential Closes (Solve)
Is it Isolator
Win-Win
TOC
Price Shopper
$43,000 decision
Option Close
Button Up
Paperwork

Sequence of Events

Value of my Word-Your Word

3rd Party
Referrals
Ask for them
Expect Them
Visit Completed Job
Distribute Door Hangers
The 20% Rule
– How much more are they worth?
Constant
And
Never-ending
Improvement
       Apply this theory today!
CLOSED-END QUESTIONS
Is it the price that concerns you?
Are you looking for something less expensive?
Shall I come back later?
Is this the (model, size, etc.) you wanted?
Does this seem O.K.?
Can YOU make the decision?
Is this in the ball park?
Isn't this: beautiful - - great - - nice looking?
OPEN-END QUESTIONS
What price range did you have in mind?
Why do you: say that -- feel that way -- think that?
In what (model, size, etc.) are you interested?
What would need to exist to ... ?
What are the specific: parameters -- time limitations?
When would you anticipate making a decision?
When (how) will the decision be made?
Echolalia
OPTION QUESTIONS
Which do you prefer?

How else can we accomplish this?

Which of these will work the best?

Is one of these more appealing than the others?

Which part could we eliminate?
SWEAT QUESTIONS
When would that be?

When can I expect to hear from you?

Can you give me a yes or no?

Is there another issue (or hidden agenda)?

What can I do to: get an approval - - get this started?

- - One more thing - - or - - what would need to exist?
For More Information about Dave Yoho Associates
         Please call or visit our web page:
    703 591 2490 www.DaveYoho.com

 To Comment on this Program or Speak to
        Brian Smith directly call
        757 285 4836 or visit:
        www.BrianNSmith.com
       Brian@BrianNSmith.com

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Advanced Closing Clinic

  • 1. Advanced Closing Skills www.daveyoho.com 703 591 2490 Entire contents are copyrighted by ©Dave Yoho Associates
  • 2. Goals Shorten sales cycle Close m ore Build Value Close m at better prices ore Avoid cancellation or rescission Improve custom satisfaction er Improve professional selling skills
  • 3. OBJECTIVE OVERVIEW OF FACE-TO-FACE SELLING Prospects most frequently purchase products/ services based on the following PERCEPTIONS: Credibility of salesperson Rapport with salesperson Consideration of their (the prospect's) value system Unique quality product/service tailored to their needs Product/service is superior to most other options Value equal to or exceeds price Ease, simplicity of purchase The seller is a knowledgeable specialist
  • 4. Psychology of CLOSING Need We focus on developing need by persuading our prospects that they have problems with their current conditions. The more need (problems) we expose: the desire of want will increase to solve the problems. When you are unsuccessful in persuading your prospect that they have significant need they will not buy from you… regardless of price! Solution We persuade our prospects that our company, products, installation, warranty, post installation service and most importantly you, are the best solution to solve their problems and satisfy their needs. When you are unsuccessful at persuading your prospect that you provide their best solution, they will not buy from you… regardless of price! Urgency Urgency is automatically created when the content of the Solution matches the needs of the prospect . We persuade our prospects to place their order at the conclusion of the presentation. If you are unsuccessful in creating urgency by tailoring your presentation towards the prospects needs and providing them with the only solution, they will not buy from you… regardless of price!
  • 5. Selling “The Science” Procrastination Objection Co-communication Sale SALES and appropriate Isolate and If I can will you? close to convert Solve Think, Shop, Money, Cost, When, How Yes Sleep, etc. Payment Soon, Etc.
  • 6. THE SALES SYSTEM PREPARATION APPROACH RAPPORT WALK AROUND (NEEDS ASSESSMENT) COMPANY STORY PRODUCT PRESENTATION NO PRICE RESISTANCE PRESENTING THE PRICE PRICE RESISTANCE TRIAL CLOSE TOTAL OFFER CONCEPT CLOSE CLOSE AFFIRMATION BUTTON UP
  • 7. Selling Yourself Greeting (script)  Properly Affirm Opening Statement (script)  Appreciation/ Question/ Control Value of the Visit (script)  Sets the Stage Survey (script/transition)  Validates  Discovers Values
  • 8. PROXEMICS Keep the prospect to your right whenever possible Avoid placing anything on their desk (table) without permission Avoid authoritarian/ confrontational pos itioning (Fig . 1) -- Atte mpt to pos ition w ith pros pe ct (P) at de s k to the rig ht of the s ale s pe rs on.
  • 9. REMOVING THE BLOCKS TO MORE PROFESSIONAL SELLING Arouse -- Affirm A Motivation (Motive-Action) Left vs. Right Brain Reactions Asking Questions C Learning to Listen Delayed Response Answering Questions With Questions I Layering Information (Data Bank) Analyzing Information D Determining How To Use It Auto Motivation
  • 10. Uncovering “more” of the customers value system! What will they base their decision on? How will they go about gathering this information? Determine buying clues Write it Down, Feed it back– build more rapport Obtain Permission to ask for their business Transition to Company
  • 11. Sell Your Company (What are the Components?) Create Desire for Solution- How are you different Show unique qualities of your company (script) Embedded Commands Post Negative Suggestion 3rd Party Layering– Tie Downs (script) Obtain Company Commitment (script)
  • 12. YES/NO Permission to say Yes or No (script) – Only 3 things happen – Justify it – Lower the Wall of Resistance Transition to Product (script) Go get your Samples – Head Check (you and them)
  • 13. Sell Your Product Present All The Options Consultive Selling Price Condition Eliminate the “perceived” Alternatives – If they Say it – they believe it
  • 14. Avoid “Value Judging” Statements I like This… I think this is a great color My favorite thing is… These statements mean nothing to the customer and are your hot buttons… not theirs!
  • 15. Sell Your Product  Present the Exclusives  Tie your exclusives to their needs Build Value-incrementally Set up the TOC Gain the Product Commitment (script)
  • 16. PROSPECT’S PRICE/VALUE PERCEPTION NO YE S Unfavorable NEED x DESIRE Favorable COST = = need x desire Decision cost Decision
  • 17. ELEMENTS WHICH REDUCE THE NUMBER AND STYLE OF OBJECTIONS ELEMENT PURPOS E R.E.P. method/P.R.E. principle Reduces price resistance Benefit-selling Relates features and advantages of product or service to their needs Structured methodology Avoids confusion, increases understanding Company story and product Speeds up prospect's & (service) - visuals customer's perception rate
  • 18. Build Value with a System Present “options” with advantages and disadvantages  Present Alternatives - - Educate – continue to build trust  Price Condition- - Creates a price impression  Eliminate the option - - Let the customer eliminate  Present The Product in third party, followed by a question followed by an embedded command, price condition, gain commitment  Example: All of my customers tell me that when they replace their windows they’ll only invest in windows that have a warm edge spacer system, knowing what you know now what would you do? Because of your decision to replace with a warm edge window you will enjoy your new windows for a lifetime!
  • 19. Price Condition; Gaining Commitments Get the little yes’s needed through Layering  Comparing (your product) to the other products available, which one do you think will last longer?  Can you appreciate why more and more families today are choosing (your product) over any thing else?  Does it stand to reason that (your product) might cost more than the others?  Would you Invest a little more to have this product over the others? This technique allows you to build value incrementally… caution, Do not over use!
  • 20. Selling Your Price Reconfirm Your Commitments Remind them of their Standards Isolate Price Reaffirm Selections – Co Communication – Tie Down Selection – Walk the job again
  • 21. Selling your Price Maintain Rapport S.A.L.E.S. Closing System Complete the steps Sequence of Events Warm Down Gather Referrals
  • 22. Closing Steps Write the order Quote the price Listen to Response Affirm and Ask for clarification Isolate TOC Get value Commitment
  • 23. Closing Steps (cont) Re Present the Permission Statement Incentive Close Support For Incentive Negotiate Signature Button Up
  • 24. What Is an Objection? Handling Objections – Don’t Argue – Don’t Attack – Lead them to overcome S.A.L.E.S. (Closing System) S________ A________ L________E_______ S________ Walk them through the “Normal” process
  • 25. Selling “The Science” Excuse Objection Question Sale SALES and appropriate Isolate and If I can will you? close to convert Solve Think, Shop, Money, Cost, When, How Yes Sleep, etc. Payment Soon, Etc.
  • 26. Handling Objections Present the List Price – Cost vs. Value  (value building- price conditioning) – Alternate Choice Listen and Handle (Silence) (Affirm) (Layer) – 4-6 second pause – Isolate method of payment Isolate Objections (Eliminate) – Other than that?
  • 27. RIGHT - - - - LEFT BRAIN
  • 28. Essential Closes (Solve) Is it Isolator Win-Win TOC Price Shopper $43,000 decision Option Close
  • 29. Button Up Paperwork Sequence of Events Value of my Word-Your Word 3rd Party
  • 30. Referrals Ask for them Expect Them Visit Completed Job Distribute Door Hangers The 20% Rule – How much more are they worth?
  • 32. CLOSED-END QUESTIONS Is it the price that concerns you? Are you looking for something less expensive? Shall I come back later? Is this the (model, size, etc.) you wanted? Does this seem O.K.? Can YOU make the decision? Is this in the ball park? Isn't this: beautiful - - great - - nice looking?
  • 33. OPEN-END QUESTIONS What price range did you have in mind? Why do you: say that -- feel that way -- think that? In what (model, size, etc.) are you interested? What would need to exist to ... ? What are the specific: parameters -- time limitations? When would you anticipate making a decision? When (how) will the decision be made? Echolalia
  • 34. OPTION QUESTIONS Which do you prefer? How else can we accomplish this? Which of these will work the best? Is one of these more appealing than the others? Which part could we eliminate?
  • 35. SWEAT QUESTIONS When would that be? When can I expect to hear from you? Can you give me a yes or no? Is there another issue (or hidden agenda)? What can I do to: get an approval - - get this started? - - One more thing - - or - - what would need to exist?
  • 36. For More Information about Dave Yoho Associates Please call or visit our web page: 703 591 2490 www.DaveYoho.com To Comment on this Program or Speak to Brian Smith directly call 757 285 4836 or visit: www.BrianNSmith.com Brian@BrianNSmith.com