There are a number of sales closing strategies (more than 50!!) that you can learn with different sales closes applied to different situations.
A specific salesperson might be more comfortable with a favourite single specific close, than perhaps with others available in his arsenal. As a business owner/sales trainer, you want to be certain that you and your salespeople become exposed to a greater number of different closing strategies (many sales people use the same 2 or 3 endlessly) so that they can select the most effective tool for different situations.
The goal here is for the advantages to outweigh the disadvantages and close the deal.
1. The 'take it with them' Close- This allows the prospect to actually take the product home or try out the product. The idea is that once this happens, the prospect will be unable to part with the product and must have it.
There is a story about a salesmen who sold pet dogs. The salesman said "Here, take this home and give me a call in a week. If you don't want it, I'll come and get it". Once that dog was there and the young son fell in love with it, there was no way that dog was going back.
2. Subject To Approval Close- This allows a salesperson to actually close a sale, but to do so subject to certain contingencies being removed. In other words, it's up to the salesperson at this point to really do some work when possible to assist the prospect in removing contingencies thereby making the sale official.
3. Take Away Close- It's human nature to want what one can't have. The salesperson says things like, "This product isn't for everyone. It's a certain kind of person who can appreciate this service.
5. The Order Form Close- Sometimes the prospect might need a little encouragement-- it may be useful to actually take out the order form or contract and place it in front of your prospect. Tell them to complete a single section and you'll complete the rest.
6. Never say, "Sign the contract", which has a very negative connotation. It appears too binding and rigid to your prospect If they haven't heard enough reason to buy, you then say "If We Do This, Will You Buy?" close, you must identify what it will take for the prospect to break down and buy.
7. Presumptive Close- Using this method you actually proceed on the assumption or presumption, that the prospect has already decided to buy. You might talk about how a prospect will enjoy the product/ service or how the benefits might be enjoyed.
8. Informational Close- If your products or services are such that your prospect needs extra information in order to make up their mind, then the more relevant information you can share the more likely the prospect is to buy.
9. Overcoming the Objections Close- You can identify the prospect's specific objections to buying and focus on ways to overcome those objections. As you successfully accomplish this task, the close will follow right afterwards.
10. Instructional Close- If the close requires the buyer to know how to use your products or services, it is critical that you provide detailed instructions where applicable.
11. Directive Close- This is when you actually talk to your prospect and tell them exactly what to do. Direct them to sign up and complete the deal NOW. They will respond by buying when told to do so. It's one of the easiest ways to make a sale.
12. Exclusive Close- You indicate in all the marketing you do that your products or services are very exclusive, limited availability etc. Lock the doors and only allow customers and referrals to enter. Soon you'll find they want it, because everyone wants in.
Whatever the strategies you and your sales staff learn and implement, be always aware multiple sales strategies are available. Know and vary your selling approach according to the sales challenge.
Chris Wilkinson.