By Victor Antonio, BSEE, MBA
Many of us have walked away from a sales meeting or sales
pitch kicking ourselves on our backside for not having succeeded in closing a
deal we knew was well within our reach.
And then we begin to analyze and over-analyze what went wrong. Upon further mental investigation we reflect
on all the things we should’ve said and all the things we shouldn’t have
said. You then come to the realization
that maybe, just maybe, you should’ve planned better for that meeting or sales
pitch.
We as salespeople today have been conditioned to spew forth
features and benefits all over the potential client and then close them. We are armed with a mini-arsenal of favorite
closing techniques which we bring to bear on any unsuspecting client (i.e.,
victim) that crosses our sales path. And
when these choice closing techniques don’t work, our confusion turns into
desperation and we further jeopardize the sale by unknowingly inserting
foot-in-mouth (i.e., saying the wrong thing) or pressuring the client into a
decision they’re not ready to make (i.e., being too pushy).
The root of the problem lies in the obvious fact that you’ve
learned to ‘close’ a sale, but you haven’t mastered the art of selling. There is a vast difference between learning
how to close and learning how to sell.
The best sales people don’t focus their attention on closing a deal but
on understanding why the client might not be willing to buy and then work
towards assuaging any concerns or doubts that may prevent the sales from being
brought to a successful conclusion with a gentle nudge and not a hard,
high-pressure close.
Let’s shift our attention for a moment away from closing
strategies and techniques. Let’s shelve
for the time being the mindless dictum of ABC (Always Be Closing) and refocus
our time and effort on creating a sales opportunity. How?
By learning how to block objections before they manifest themselves
verbally we can increase our chances of closing more deals.
Here’s some insight.
When a client makes a verbal objection, they have stated out loud their
concern. That means, that unless the
salesperson can minimize or eliminate that concern, no closing technique you use
will work; the sale simply wont’ happen.
In sales, what we never want is for the client to verbalize an
objection. Once verbalized and made public, we find ourselves on the defensive
trying to convince the client otherwise.
I go back to a favorite saying I once heard, if you’re explaining
yourself, you’re losing the conversation.
Let’s rethink how we sell for a moment. What if we could prevent the client from
verbalizing an objection, would we be in a better position to close a
sale? Yes! Would that change the dynamics
of the conversation? Absolutely!
When a client is able to resolve their concern mentally
based on the information you’ve provided, the client will be more agreeable because
he sees the answer to his concerns coming from himself and not from an external
source (a salesperson). If we can get
the client to answer his own questions, we will be in a better position to
close the deal because we’re not trying to convince him; he’s already convinced
himself. What I’m getting to can be
summarized as follows, let’s focus 90% of our time on objection prevention
(i.e., before the objection is verbalized) and spend the remaining 10% of our
time nudging (closing) the client to the obvious conclusion of buying from us.
Practice Objection
Prevention
Step 1: Make a list of all the
possible objections a client could possibly come up with to not buy from you.
Step 2: For each objection, list one
or two ways that you can block those objections (i.e., objection blockers).
Step 3: Weave the objection blockers
into your presentation using examples, stories or fictitious scenarios by
stating a problem and then showing how your product or service can resolve it.
Step 4: Where you can, substantiate each objection
blocker with an example, quote a statistic, share a testimonial, or show tangible
proof.
The above outline makes the assumption that you know your
client base well enough to understand and anticipate the types of objections
that will be brought up based on passed experience. If you are new in sales or to a position in
sales, begin to build your database of objection knowledge by talking to your
peers or other successful sales people in your field and ask them to share with
you what types of objections are most common.
If at the end of the sales process you’ve covered all the
client’s objections and have answered them satisfactorily, there’s not much
left to do but ask for the order.
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