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	<title>New Home Sales Training &#38; New Home Sales Management Blog - Myers Barnes &#187; closing the sale</title>
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		<title>Prerequisites of Closing Continued&#8230;</title>
		<link>http://www.myersbarnes.com/blog/2008/10/prerequisites-of-closing-continued/</link>
		<comments>http://www.myersbarnes.com/blog/2008/10/prerequisites-of-closing-continued/#comments</comments>
		<pubDate>Tue, 07 Oct 2008 14:04:25 +0000</pubDate>
		<dc:creator>Myers Barnes</dc:creator>
				<category><![CDATA[New Home Sales Training]]></category>
		<category><![CDATA[closing the sale]]></category>

		<guid isPermaLink="false">http://www.myersbarnes.com/blog/prerequisites-of-closing-continued/649/</guid>
		<description><![CDATA[Talking too much:  Mediocre sales organizations focus their training on product knowledge instead of sales methods.  Therefore the salesperson&#8217;s presentation centers around product knowledge and a lot of facts.  Poor salespeople talk too much and want to tell everything.  The prospect will not be dazzled with a salesperson that talks too much. Telling is not [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Talking too much: </strong> Mediocre sales organizations focus their training on product knowledge instead of sales methods.  Therefore the salesperson&#8217;s presentation centers around product knowledge and a lot of facts.  Poor salespeople talk too much and want to tell everything.  The prospect will not be dazzled with a salesperson that talks too much.</p>
<p>Telling is not selling, God gave you two ears and one month so you should listen twice as much as you talk.  The excellent salesperson questions skillfully and listens attentively to the prospects needs.  She asks her way into a sale, she doesn&#8217;t talk her way into it.<br />
<strong><br />
Talking past the close:</strong>  The most valuable instruction my father gave was, &quot;Son, when they are ready to buy, they are ready to buy stop talking and grab your contract.&quot;</p>
<p>When you ask a closing question and your prospect confirms he is ready to own, the conversation stops, your presentation ceases and you start preparing the paperwork.</p>
<p>As an example, a salesperson asks, &quot;Current production schedule guarantees delivery by the end of the month.  Is that satisfactory?&quot;  The prospect answers, &quot;Yes, it is.&quot;  At that moment he has made the decision to own.  End your presentation.  Move swiftly to prepare the contractual agreements.</p>
<p><strong>Arguing with the prospect or customer:</strong>  When you receive objection or challenges to your claims and you defend your product, you are in essence telling the person he is wrong. People dislike to be told they are wrong, even if they are.  You are in business to win the customer, not a battle.  Always be agreeable.  Remember, when people have objections, respond to their questions in a positive non-threatening way.  &quot;A man convinced against his will, is of the same opinion still.&quot;</p>
<p><strong>Knocking the competition:</strong>  The first rule is to not make reference to your competition.  If, however, something is said about the competition, negative or positive, simply reply with, &quot;They are a fine company, and seem to do a good job.</p>
<p>If you are asked why he should purchase from you verses the competition, respond with a two-part question.  Ask, &quot;Why do you feel you should do business with that company?&quot;  Allow him to answer and he will tell you how he wants to do business.  Follow-up the questions with, &quot;What would cause you not to do business with that company?&quot;  Listen carefully to hear objects why he would not do business with our competitor.  This information provides you with elements upon which to build you presentation and overcome objections on what you have been told, verses your assumptions.</p>
<div style="float: left; margin-right: 10px; margin-top: 10px;"><a href="http://twitter.com/share" class="twitter-share-button" data-text="Prerequisites of Closing Continued&#8230;" data-via="Twitter" data-url="http://www.myersbarnes.com/blog/2008/10/prerequisites-of-closing-continued/" data-count="horizontal" data-via="Twitter" data-related="Blogsessive:Blogging, Social Media and WordPress tips to help you achieve online success.">Tweet</a></div>]]></content:encoded>
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		<title>Prerequisites to Close</title>
		<link>http://www.myersbarnes.com/blog/2008/09/prerequisites-to-close/</link>
		<comments>http://www.myersbarnes.com/blog/2008/09/prerequisites-to-close/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 19:12:02 +0000</pubDate>
		<dc:creator>Myers Barnes</dc:creator>
				<category><![CDATA[New Home Sales Training]]></category>
		<category><![CDATA[closing the sale]]></category>
		<category><![CDATA[New Home Sales]]></category>
		<category><![CDATA[training]]></category>

		<guid isPermaLink="false">http://www.myersbarnes.com/blog/prerequisites-to-close/642/</guid>
		<description><![CDATA[Before you attempt to close, you must earn the right to close.&#160; Prior to asking for the order, there are essential conditions that must exist.&#160; Any attempt to conclude the sales process without meeting these essential conditions will not only result in a lost sale but could be misconstrued as high-pressure selling tactics. 1.&#160; The [...]]]></description>
			<content:encoded><![CDATA[<p>Before you attempt to close, you must earn the right to close.&nbsp; Prior to asking for the order, there are essential conditions that must exist.&nbsp; Any attempt to conclude the sales process without meeting these essential conditions will not only result in a lost sale but could be misconstrued as high-pressure selling tactics.</p>
<p><span style="font-weight: bold;">1.&nbsp; The Customer Must Want or Need Your Product or Service</span></p>
<p>Your obligation in professional selling is to provide solutions to meet the customer&#8217;s requirements.&nbsp; If a need for your product or service does not genuinely exist, or if it is clear to you what you have to offer will not satisfy the prospects problems with solutions that are in their best interest, then move on to other prospects.<br />
Secondly in regards to wanting what you have to offer, prior to asking for the order you must have kindled a strong buying desire.&nbsp; Awakening the buying desire is the function of the presentation.&nbsp; Also the function of the presentation is to bring clarity and understanding about the benefits of your products and services.&nbsp; If you prematurely attempt to close before arousing sufficient buying desire or before your prospects gain complete understanding of the benefits, you will destroy your chance for the sale.</p>
<p><span style="font-weight: bold;">2.&nbsp; Your Customer Must Be Able to Use Your Product or Service</span><br />
Your customer should be able to take advantage of your offering for its intended use.&nbsp; This means never oversell or undersell. Selling a small, low-volume copy machine to a medium-sized business is underselling their needs.&nbsp; Likewise, placing a high-speed copier capable of producing 20,000 copies per month to a two-person start-up venture is grossly overselling the small business.</p>
<p><span style="font-weight: bold;">3.&nbsp; The Customer Must Be Able to Afford Your Product or Service</span><br />
Your customer should not only have sufficient funds to buy, but be able to own without being strapped.&nbsp; If individuals and companies are sold products that result in financial burden, they are not truly enjoyed.</p>
<p>Whenever my wife and I enjoy dinner out, she invariably seeks the waiter&#8217;s recommendation.&nbsp; It is not that she lacks confidence in her ability to select a meal, only that she seeks reassurance.</p>
<p>In most cases your customer seeks your recommendation prior to the buying decision.&nbsp; Like my wife, it is not that the buyer lacks total self-confidence with his decision, only that he seeks reassurance.&nbsp; As a salesperson, you operate as an assistant buyer and many times will be asked, &quot;In your opinion what do you recommend?&quot;&nbsp; And you answer, &quot;This particular model would be the best one for you.&quot;&nbsp; The customer then places the order based on you advice.</p>
<p><span style="font-weight: bold;">Remember&#8230; be sensitive and only offer perfect solutions that satisfy the customers wants, needs, and budget.</span></p>
<div style="float: left; margin-right: 10px; margin-top: 10px;"><a href="http://twitter.com/share" class="twitter-share-button" data-text="Prerequisites to Close" data-via="Twitter" data-url="http://www.myersbarnes.com/blog/2008/09/prerequisites-to-close/" data-count="horizontal" data-via="Twitter" data-related="Blogsessive:Blogging, Social Media and WordPress tips to help you achieve online success.">Tweet</a></div>]]></content:encoded>
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		<title>Closing the Sale: The Forgotten Art</title>
		<link>http://www.myersbarnes.com/blog/2007/07/closing-the-sale-the-forgotten-art/</link>
		<comments>http://www.myersbarnes.com/blog/2007/07/closing-the-sale-the-forgotten-art/#comments</comments>
		<pubDate>Mon, 30 Jul 2007 17:04:55 +0000</pubDate>
		<dc:creator>Myers Barnes</dc:creator>
				<category><![CDATA[New Home Sales]]></category>
		<category><![CDATA[New Home Sales Training]]></category>
		<category><![CDATA[closing the sale]]></category>
		<category><![CDATA[new homes sales]]></category>
		<category><![CDATA[salespeople]]></category>

		<guid isPermaLink="false">http://www.myersbarnes.com/blog/closing-the-sale-the-forgotten-art/568/</guid>
		<description><![CDATA[There are strategies to follow in closing a sale successfully. Yet some sales-training professionals and salespeople say that to learn specific closing techniques is to revert to an obsolete era of the sales profession. It has even been suggested that closing techniques are nothing more than customer manipulation. This simply is not true. There are [...]]]></description>
			<content:encoded><![CDATA[<p>There  are strategies to follow in closing a sale successfully. Yet some  sales-training professionals and salespeople say that to learn specific closing  techniques is to revert to an obsolete era of the sales profession. It has even  been suggested that closing techniques are nothing more than customer  manipulation.</p>
<p>This simply is not true. There are many components to  closing a sale and not all of them occur at the time of the sale. For example,  if you create a fabulous presentation with a good script designed <u>only</u> to close the sale, you are not seeking a relationship with the customer but  merely a one-night stand because you are neglecting the importance of follow  up. Then, you might manipulate the customer into making the decision that you  want rather than the one that would best satisfy his or her needs. <em>You may get them once, but will they give  you referrals or call you again? </em></p>
<p>Some  sale&#8217;s trainers believe that success in selling is a number&#8217;s game. If you make  enough calls, a percentage of sales will almost occur by themselves. And they  will. But think of all those sales you didn&#8217;t make that you could have IF you  had <em>closed strategically to a process.</em></p>
<p>Granted, we are closing sales differently today than in  the seventies, eighties and nineties, but there are fundamentals that have  always worked and will continue to work, culminating in great success in a  salesperson&#8217;s career.</p>
<p>Relationship  selling, partnering and consultive selling are valid, modern-day selling strategies.  However, they certainly are not meant to <em>supplant</em> the time-honored skill of closing but rather to <em>supplement</em> it.</p>
<p>Some  buying situations call for salespeople to operate on the premise of the  one-time call and close. Others may require spending months or even years  working with prospects to determine needs and build trust and credibility  before closing the transaction. Regardless, it still comes down to gaining  commitment and reaching the final agreement, which is closing the sale.</p>
<p>There  are, in my estimation, these six basic critical steps to a sale:</p>
<ol>
<li>Meet and greet</li>
<li>Discovery/qualification</li>
<li>Presentation/demonstration</li>
<li>Handling objections</li>
<li>Closing the sale</li>
<li>Following up and following  through</li>
</ol>
<p>If  you carefully analyze the six steps, you will notice that every one requires  specific <em>closing</em> techniques and  skills. As each step is completed, the sale moves toward the end result.</p>
<p>When  Vince Lombardi assumed the position of head coach for the Green Bay Packers, he  was asked his strategy to turn around and lead the struggling team to its  eventual number-one position. Mr. Lombardi replied, &quot;I plan to lead by becoming  brilliant at the basics.&quot;</p>
<p>The  basics for him were passing, running and kicking the ball. Regardless of  criticism from skeptics, Lombardi never lost his focus. He coached Green Bay to  five NFL titles, won two Super Bowls and died as NFL&#8217;s all-time winningest  coach with a .740 percentage.</p>
<p>The  basics for you as a professional salesperson are the six critical steps to  selling. Like Lombardi, if you become brilliant at the basics &#8212; including  closing &#8212; you, too, can reach the top.</p>
<p>You  may spend a lot of time with a prospect, but in the end, if you do not close,  you do not get paid. Closing is not an event that will occur on its own. Even  if you have a phenomenal relationship with a prospect and you deliver an  excellent presentation, you must <u>be prepared</u> to ask for the order.</p>
<p>You  cannot delude yourself into believing that the presentation, numerous sales  calls and a solid relationship are all that&#8217;s necessary to entice a prospect to  buy. There must be that one final step that <u>only you</u> can initiate and  complete. In any sale&#8217;s transaction, there must be <em>closure</em> before there&#8217;s a <em>check</em>.</p>
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