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TSE 1065: TSE Certified Sales Training Program - "Don't Make The Closing an Event"

TSE 1065: TSE Certified Sales Training Program - "Don't Make The Closing an Event"

FromThe Sales Evangelist


TSE 1065: TSE Certified Sales Training Program - "Don't Make The Closing an Event"

FromThe Sales Evangelist

ratings:
Length:
14 minutes
Released:
Apr 4, 2019
Format:
Podcast episode

Description

Sellers are understandably focused on the closing of any deal but it’s important that we keep things in perspective and don’t make the closing an event. The truth is that every transaction has a beginning, a middle, and an end, but we often get so focused on the closing that we unnecessarily freak ourselves out. This conversation comes from our TSE Certified Sales Training Program, our sales coaching program that helps sellers maximize their effectiveness. SALES PROCESS The sales process naturally builds toward a close where the client signs the deal and then everyone celebrates. Our challenge as sellers is to avoid the temptation to make the closing the entire focus of the sale. Focus throughout the sale on building value. Initiate conversations that address your prospects’ challenges and difficulties. Realize that you’ll never get to the closing if you don’t effectively address the buyers’ objections. Help the buyer feel confident in this deal by sharing stories that provide value and dispel your customers’ objections. Instead of waiting for your customer to offer his objections, bring them up on your own terms as a way of building trust. Red flags won’t go away simply because you ignore them. They don’t typically diffuse themselves, and your decision to wait until the end of the process to address them could cost you your deal. GROWING PROBLEMS Like many other relationships in life, struggles between buyer and seller don’t naturally disappear over time. In fact, problems often get bigger and worse as we fail to address them. A single demo for your client won’t magically offset all his concerns, so don’t wait until then to address his objections. If he has concerns about your product or service, it won’t likely matter how good your demo is: you won’t overcome his hesitation until you address the problems.   Start early in the process. Diffuse problems as they arise. Every sales relationship offers a certain amount of risk, and your job is to minimize that for your prospects. #SalesObjections CLICK TO TWEET   ADDRESSING FEARS Whether you’re selling water, computers, or houses, your buyer doesn’t want to part with his hard-earned cash until you’ve addressed his fears. He may want a new house. He may even need a new house. But he has fears of his own: What if he can’t afford this house? What if an unforeseen issue comes up? How much will hurricane insurance cost? Help him minimize those risks and fears throughout the process. That way, when he gets to the end of the transaction, those fears won’t be an issue. PROSPECTING Hubspot reported recently that as many as 40 percent of salespeople don’t like prospecting and about 30 percent struggle with closings. As a result, we tend to make closings a big deal in our own heads because we’ve worked so hard to find a prospect and get to this point. Instead of viewing it as a huge event, we should think of it as a natural byproduct of the sales process, and we should move the buyer smoothly through to conversion. Conversion begins the moment I start building value for my prospect. If I focus on blind-side challenges and identifying key problems, I can address objections early and minimize the risk that my deal will fall apart. My goal is to eliminate any reasonable doubt about whether I’m the right vendor for the prospect. PITCHING YOURSELF If you’re able to identify the companies your prospect is currently working with, you’ll be better able to pitch your own strengths against theirs. You can identify the competition’s weaknesses and use those to make your case. Share stories about past clients who have left that company to work with you and explain why they made that choice. Build one-on-one conversations into your process as often as possible so you can clarify any questions as they develop. Once you understand the big issues that will likely sabotage your deal, you can help everyone get to the same page. Follow your demonstrations with an email outreach offering to address any new
Released:
Apr 4, 2019
Format:
Podcast episode

Titles in the series (100)

Just like most of you, I am a real life B2B sales professional hustling in the world of software sales. If you were like me, you had no clue how to really sell when you started in sales. Over the years I’ve received training/coaching from some of the industry’s leading experts. I applied what I was learning and started seeing a significant difference in my performance and income. I started doing “BIG THINGS”! I personally feel that when you find something of value you should share it! That’s why I love sales so much. I became very passionate and started “evangelizing” about sales. A good buddy of mine, Jared Easley, then dubbed me “The Sales Evangelist”. He recommended that I further my reach by sharing sales tips to others through the medium of a podcast. Today I interview some of the best sales, business and marketing experts. They provide invaluable training of how you can take your career, business, and income to a top producer’s status. I know you will enjoy it. Welcome to The Sales Evangelist!