SalesDog Weekly Newsletter
    Issue 589 Coffee with The Dog August 23, 2012    
  Get up, Dress up and Show up  
 
Sign up now for our Weekly Sales Newsletter and get this free e-book: "Attracting
More Customers: How to Create an Irresistible Elevator Speech" by Jill Konrath.
 
 
Share |
  Follow us on Twitter   Find Us On Facebook    
 
 
Quote of the Week: "I cannot discover that anyone knows enough
to say definitely what is and what is not possible."
—Henry Ford
 
 
5 Ideas to Increase Your Close Ratio
by Jill Konrath

Recently I got an email from Ahmed that said, "Do you have anything on how to close sales? Getting into an account isn't a problem for me. But I get stuck after submitting a proposal." By this time, I've already sent them all our marketing materials and given them a demo. They seem interested. Then, after they get my proposal, nothing. What am I missing?" I can't tell you how many times salespeople have asked me to help them get better at closing. However, despite what you think, it's not the real problem. Your inability to close is a symptom. What it really means is that your prospect does not think it's worth making a change right now. In short, it's nice to know about your offering, but not necessary.

Five things you can do to get better at closing sales.

1. Know your impact. Make sure you're clearly able to articulate the business value of your offering. You should ensure that you're talking about key business drivers such as reduced operating costs, increase sales conversation rates or improved efficient. Adding metrics makes your message even more impactful.

2. Be a storyteller. Share examples of how you've helped other customer improve. Be able to explain how they were doing things before, the challenges they faced, and the results they've achieved since working with you.

3. Slow down. Based on what you said, you may be moving things along much too fast. You're showing your stuff, sending collateral and giving pricing. It's highly likely that they don't feel like you're focused on their success. Take time to build the relationship so that they truly feel that you're a credible resource, not a self-serving sales guy.

4. Connect the dots. It's imperative to engage your prospect in a discussion. This helps you/them determine if your offering makes sense for them. Here are some good ones to start with:

How are you currently handling your needs in this area?

What are your objectives relevant to the business drivers this product/service addresses?

What initiatives do you already have in place to get there?

If you achieved results similar to our other customers, what would this mean for your organization?

See where I'm going with this? If your prospects aren't making the connections between what you sell and the value they could get from it, it's because you're leaving it to happenstance.

Don't let that happen. Plan your questions ahead of time. They are your greatest tools in getting to a yes.

5. Stop trying to close. Instead, focus on helping your prospect determine if it makes good business sense to change. If it does, they'll say yes. If not, they'll stay with what they've got.

Today's prospects are too savvy to fall prey to any closing techniques. The more you try to do it, the less they want to do business with you. Instead, put your emphasis on the front end of the sales cycle.

Before you know it, your prospects will be saying, "How soon can we get going on this?"

Jill Konrath is an internationally-recognized sales expert, in-demand speaker and bestselling author. For more savvy sales advice and to download Jill's free sales tools, visit www.JillKonrath.com.

 
 
Free Evaluation
 
The One Sales Test You're Guaranteed to Fail! by Dan Seidman
Great sales pros can answer and act on each of these three questions. How will you do on the one sales test you're guaranteed to fail?
SalesDog's friend, sales coach and trainer Dan Seidman is giving you the chance to measure your understanding of your sales skills by taking this brief but insightful test.
The right answers to these questions can give you laser-guided focus that will improve your performance throughout the rest of your sales career. You'll discover exactly where you need to change your selling behavior by taking the test here.
 
Don't miss one issue! For your free subscription
to this newsletter, click here.
 
SalesDog.com
 
Trivia: Before he was shipped off to Manhattan, what was the name of King Kong's Indian Ocean habitat? You'll find the answer here.
Interesting but useless fact: There is enough water in American swimming pools to cover the city of San Francisco seven feet deep.
Fallow is the featured word of the week. Find the definition, pronunciation key, and an example of it used in a sentence here.
Dogfucius Say: Knowledge is knowing a tomato is a fruit; Wisdom is not putting it in a fruit salad.
Bonuses from America's leading business development experts!
Zig Ziglar     Jeffrey Gitomer     Wendy Weiss     Dr. Joe Vitale     Art Sobczak     Jill Konrath
Bob Bly     Dr. Tony Alessandra     Kelley Robertson     Susan Friedmann     and many more...
Get $700 in Business Growth Bonuses
including 300 Free B2B Sales Leads!
Get your copy of the bestselling Rules of the Hunt at Amazon.com today and get over $700 worth of Free Bonuses including open access to a professional Business to Business lead database. You may choose up to 300 Free Sales Leads with names, addresses, phone numbers job titles and industry. This offer ends soon. Learn more now.
 
 
GET YOUR FREE DOWNLOAD HERE
 
   
Keith Rosen
Sales Mojo plus How to Hire and Retain a Top Salesperson
by Keith Rosen
Bestselling author and Executive Sales Coach Keith Rosen shares dozens of his
most popular articles in this compilation sure to boost your sales mojo.
 
Click Here to Download
 
   
Don't miss one issue! For your free subscription
to this newsletter, click here.
 
Word of the Week: Fallow adjective [ fal-oh ]
  1. Not in use; inactive: My creative energies have lain fallow this year.

  2. (Of land) plowed and left unseeded for a season or more; uncultivated.
Example: The two men stopped in the road and looked out at the valley, green tinged from the early rains. Samuel said softly, "I wonder you do not feel a shame at leaving that land fallow."
—John Steinbeck, East of Eden
Definition & Example courtesy of Dictionary.com

Trivia:
Before he was shipped off to Manhattan, what was the name of King Kong's Indian Ocean habitat?

Answer:
Skull Island
Don't miss one issue! For your free subscription
to this newsletter, click here.
 
Reprint Permission: SalesDog Newsletters may be reproduced and redistributed in any print or electronic form provided that "www.SalesDog.com" is indicated as the source. Distribution on Internet should use a live link to our site.
 
Send Us Your Feedback
I really appreciate your feedback. I read and respond to all I receive. My email address is Michael@SalesDog.com. Please send your comments and suggestions directly to me rather than hitting the reply button or odds are I'll never get it.

Do The Dog a Favor. If you found this week's advice helpful, please forward this page and invite your friends and co-workers who sell for a living to join the pack.

The purpose of the SalesDog newsletter is to inform, inspire and challenge you.

Note: SalesDog may be commissioned by some (but not all) partners mentioned in Coffee with The Dog. If you are in sales you know that commissions are a good thing.

Share |
  Follow us on Twitter   Find Us On Facebook    
 
SalesDog Home Page Selling Tips SalesDog Blog Advertise with Us Our Partners Contact Us
 
SalesDog 2236 Encinitas Blvd. Suite C, Encinitas, CA 92024
Tel: 760-634-6900 • Fax: 760-632-1359 • Web: www.SalesDog.com
 
Copyright © 2000-2012 Penny Union Corporation. All rights reserved.