More Related Content Similar to Closing Bigger - Vancouver Sales Keynote (20) More from Shane Gibson (20) Closing Bigger - Vancouver Sales Keynote1. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
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2. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Closing
Creating an environment
where an act of faith can
take place.
3. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Closing Big Deals
• Bigger Risk
• Bigger Investment
• Affects More People
• Requires:
– More Faith
– More Trust
– More Credibility
4. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Credibility
• Being seen as a peer and business person
not a transaction focused sales person.
• Asking intelligent questions
– Doing our research
– Having a “natural” process for needs analysis
• Being passionate and confident in:
• Our self
• Our company
• Our industry
• Our solution
• Keep Commitments
5. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
• The one thing you need to know about
closing big deals…
6. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
• There’s more than one thing to know
about closing big deals!
7. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
“Usually” : Lower Level of Buyer Sophistication/ Smaller Orders / Less Complicated
Transactions / Shorter Sales Process / Price Focused / Needs Little Ongoing
Support
“Usually”: Higher Level of Buyer Sophistication / Larger Orders / More
Complicated Transactions / Longer Sales Process / Quality Focused / Needs
More Ongoing Support
Levels Of Selling
Partnership Selling
Consultative Selling
Needs Analysis Selling
Pressure Selling
Feature / Benefit Selling
Order Taking Selling
Multiple Contact Selling
After Sales Servicing Selling
Relationship Building Selling
Customer &
Solution
Focused
Product &
Specific Service
Focused
Relationship
Marketing
Focused
Customer &
Solution
Focused
Product &
Specific Service
Focused
Relationship
Marketing
Focused
8. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
1. Product and Specific
Services Sales Focus
• Master Basic Selling
skills
– Ability to read client
– Ability to build rapport
– Understand buying motives
– Basic presentation skills
– Objection handling
– Closing
– Add-on's and up-sells
• Be a persuader
• Be a communicator
• Be a negotiator
• Be a self-developer
Pressure Selling Feature / Benefit Selling
Order Taking Selling
9. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
2. Relationship Marketing
Focused
• Master of basic selling
skills
• A networker
• A centre of influence
• An educator
• A friend / councillor
• A personal marketer
• A customer service
auditor
• A great communicator
• A conflict resolver
• A planner / organizer
• An influencer
• A rapport builder
Multiple Contact Selling After Sales Service Selling
Relationship Building Selling
10. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
3. Customer & Solution
Focused
• A master of basic selling skills
• A problem solver
• A project coordinator
• A rapport builder
• A competent negotiator
• A master of follow-up and
follow-through
• A customer focused person
• An information gatherer
• A partner / team player
• A trainer / consultant
• A team leader
• An effective analyst
• A good decision maker
• A skilled facilitator
• A master presenter
• A master of proposals
• A credit manager
• A listener
• A networker
Partnership Selling Consultative Selling
Needs Analysis Selling
11. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Today
• Deal breakers
• Systematically growing the
relationship
• Being a (multiple) relationship
manager
12. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Large Deal Breakers
• No research or old research
• Starting with the wrong person
• Only having one person’s perspective
• Talking our way out of the deal
• Dead Air or letting them cool off
• Breaking Commitments
• Not respecting their timeline
• Creating work for them or their team
• Pushing your agenda
• Selling yourself like the RFP is written!
13. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
1.
Attraction
Stage
2.
Exploration
Stage
3.
Development
Stage
4.
Commitment
Stage
5.
Unity
Stage
The 5 Relationship
Development Stages
Flirtation A Few Dates Steady Dates Engagement Marriage
A Stranger An
Acquaintance
An
Associate
A Friend A Best
Friend
14. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
The 5 Relationship
Development Stages
1.
Attraction
Stage
2.
Exploration
Stage
3.
Development
Stage
4.
Commitment
Stage
Potential
Supplier
Short Term
Supplier
Developing
Supplier
Trusted Long
Term Supplier
Trusted Advisor
& Partner
Watching Testing Bonding Trusting Entrusting
5.
Unity
Stage
15. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
1.
Attraction
Stage
2.
Exploration
Stage
3.
Development
Stage
4.
Commitment
Stage
5.
Unity
Stage
The 5 Relationship
Development Stages
Where do you see the relationship?
Where does the other person see the relationship?
16. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
The
Seller
The key players
1.
Navigator
6.
Contributor
5.
Opposer
4.
Protector
3.
User
2.
Ruler
The Power Player Network
17. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Source: National Dry Good Association (USA)
Why Frequency Works
• 48% of all sales people make one call
and after a solid “NO” from a potential
client - they stop calling
• 25% make two calls and stop
• 15% make three calls and stop
• 12% make three calls and continue.
These people are responsible for 80%
of all sales
18. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Its not only about frequency!
• It’s about adding real value and
displaying uniqueness every contact
we make with the client.
19. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
The Buying Cycle
Invisible Development
Period
Rejuvenation or Rest
Period
Maximum Visible Development
Point (The Buy)
Initiation
Point
Initiation
Point
Visible Development
Period Visible Decline
Period
20. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Summary on Big Deals
• If you can’t close the transaction, try at
least to get the customer to agree on
another appointment
• There are two “paths” one is about deal
milestones and the other is about
relationship milestones.
• It’s about evolving from being pitch people
to business people
• Sell the whole network
• Follow-up, follow-up, follow-up! No is
temporary!
21. © 2005 – 2014 – Shane Gibson - CLOSING BIGGER -
Key Information:
Notes: http://closingbigger.net/yvrsales
Shane Gibson shane@ShaneGibson.com
604-351-2328
Lynn Kitchen
lkitchen@langara.bc.ca
604-417-6161