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Adapting the Close and Confirming the Partnership

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Presentation on theme: "Adapting the Close and Confirming the Partnership"— Presentation transcript:

1 Adapting the Close and Confirming the Partnership
Chapter 14 Adapting the Close and Confirming the Partnership

2 Six-Step Presentation Plan
Step 1-Approach Step 2-Presentation Step 3-Demonstration Step 4-Negotiation Step 5-Close

3 Step Five Close Plan appropriate closing methods
Recognize closing clues Initiate closing methods

4 Customers’ Buying Anxieties
Loss of options Fear of making a mistake Social or peer pressures

5 Guidelines for Closing the Sale
Focus on dominant buying motives Longer selling cycles and incremental commitments Negotiating the tough points before attempting the close Avoid surprises at the close Display a high degree of self-confidence at the close Ask for the order more than once

6 Recognize Closing Clues
An indication that the prospect is preparing to make a buying decision Verbal Questions Recognitions Requirements Nonverbal Facial expressions Nodding Leans forward Examines product or literature

7 Specific Methods for Closing the Sale
Trial close Direct appeal close Assumptive close Summary-of-benefits close Special concession close Multiple options close Balance sheet close Management close Impending event close Combination closes

8 Confirming the Partnership
Confirmation step--taking time to reassure the customer Buyer’s remorse--feelings of regret, fear or anxiety

9 What to Do When the Buyer Says No
Make sure the deal is really dead Review the chain of events and analyze lost sales Interview the client Prepare the prospect for contact with the competition


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