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Closing the Sale

Closing the Sale. TMU 09 Sec 03. TMU 09 Sec 03 – How to Close a Sale. What You’ll Learn. The buying signals that a customer sends. The rules for closing a sale. The specialized methods of closing a sale. Closing the sale . . .

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Closing the Sale

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  1. Closing the Sale

    TMU 09 Sec 03
  2. TMU 09 Sec 03 – How to Close a Sale What You’ll Learn The buying signals that a customer sends. The rules for closing a sale. The specialized methods of closing a sale.

  3. Closing the sale . . .

    . . . is obtaining positive agreement from the customer to buy.
  4. Timing the Close Buying Signals – things customers do or say to indicate a readiness to buy. Comments Facial expressions Body language Actions
  5. Trial Close – the initial effort to close the sale. Tests the readiness of a customer Beneficial because you will learn, even if the customer is not ready. Beneficial because you may reach your goal.
  6. Good salespersons . . . Recognize closing opportunities Help customers make a decision Create an ownership mentality Don’t talk too much and don’t rush a customer
  7. Specialized Methods for Closing the Sale Which Close – encourages a customer to make a decision between two items. Review the benefits of each item Ask, “Which do you prefer?”
  8. Specialized Methods for Closing the Sale Standing-Room-Only Close – used when a product is in short supply or when the price will be going up in the near future. Use only when honestly called for May be perceived as “high pressure” tactic Say, “I’m sorry, but I can’t promise that I’ll be able to make you this same offer later.” Often used with high-demand real estate
  9. Specialized Methods for Closing the Sale Direct Close – directly ask for the sale. Use when the buying signal is strong. “Can I assume that we’re ready to talk about the details of your order?” “How would you like to pay for this purchase?”
  10. Specialized Methods for Closing the Sale Service Close – Explains obstacles that require special service in order to close the sale. Gift wrapping Return policy Warranties Bonuses or premiums Help paying for the item – offer credit
  11. Failure to Close the Sale Don’t despair Invite the customer to shop in your store again Business-to-business sales are rarely closed on the first call – ask if you can call again. Practice and experience will help
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