For organizations looking to expand their footprint and extend their reach, these 3 tips to improve closing will help them achieve those goals.
Johnny-Lee Reinoso operates a sales and marketing firm called C Level Partners that helps organizations expand their footprint, gain new clients, and move in the direction of their goals. He believes that sales is everything. His experience from the management side, from the individual side, and from the sales rep side gives him a unique multi-level vantage point.
1. Listen to understand
The biggest challenge Johnny-Lee consistently sees is that sellers listen to reply rather than listening to understand. He recently carried out a DILO, or a “day in the life of” exercise with a lean, mature team that all suffered from the same problem. They all listened while waiting for the opportunity to explain why their company was so great.
Sellers master the art of articulating their value, but before we win in the marketplace we have to master the art of listening. We’ve all heard it before, perhaps in the saying, “Telling is not selling.”
But if we truly applied this truth to our everyday behaviors both in and out of business, we would know exactly how to articulate our value proposition to become the solution that the prospect needs.
2. Exhibit empathy
In many cases, the discovery call that precedes the demo doesn’t actually help the seller understand the challenges the seller is facing. In order to understand the problems they are trying to solve, you must listen and develop empathy for the pain they are feeling.
Empathy helps us understand why people do certain things and how they end up where they are. When you care about helping people, you’ll be able to support them while they tackle the challenges they face.
When we ask questions that lead them down the path of discovery, our prospects will outline exactly what they need and how you can help.
Empathy acknowledges how the existing challenges affect the company’s bottom line and understands how important it is to consider shareholder value in the face of problems.
Empathy cannot be rushed.
When you communicate that you’re with them in the challenge, you’ll become a trusted advisor.
You cannot begin the work of solving a problem until you understand several things.
- You must understand the challenge and how the prospect got where he is today.
- You must understand whether he seems himself getting out of the situation.
- You must understand how impactful it is for the business if he doesn’t get out of the situation.
Once you build empathy and understand those three things, you can begin the next step of prescribing.
3. Prescribe with confidence
There’s a fine line between arrogance and confidence, and you must prescribe solutions with confidence.
An arrogant person might immediately say, for example, “I have exactly what you’re looking for.” Arrogant people don’t listen.
When you do step 2 right and you have empathy and understanding, you’ll find yourself in the position of a therapist of sorts. Like a therapist, you have to be welcoming, calm, and professional.
Therapists don’t say, “Wow, you’re messed up.” They also don’t say things like, “I’m exactly what you need to solve your problem.” Instead, they operate with confidence, saying things like, “I’m so glad you took the first step. I’ve dealt with similar challenges before and I know we can get where you want to be.”
Therapists become trusted advisors. They communicate that they are looking out for the patient’s best interests.
Confident sellers must do the same.
Pay attention to tonality
Tonality is critical to communicating the right level of confidence. Be enthusiastic. Be happy and excited that you’re speaking with a credible person.
Recognize the two different kinds of buyers: technical and economic. Technical buyers are people who can use your service but can’t make the decision to buy your service or product. Economic buyers make the ultimate decision.
There are two different ways of closing those two kinds of buyers. Because you can only engage a technical buyer for a certain period of time, you’ll eventually have to divert to the economic buyer.
Know how to ask questions like this: “I know you’ve been looking to address this challenge for quite some time. Is it common in your organization to bring the CFO in at this point to make the final decision?”
You must sniff technical buyers out early in the sales process.
Never ever give a proposal to someone who can’t buy.
Using phrases like “this is what we have been doing,” and “working with companies like yours,” communicates confidence. Eliminate phrases that include “I think,” or “it should.” #Tonality
Confidence
Passion is extremely contagious. You have to know when to elevate a pitch or speak faster or slower. Johnny-Lee is a firm believer that tonality creates the environment. Because prospects who are on the phone can’t see you, they are still picturing something. They are picturing whether you’re tall or short, aggressive or not. They can picture you, and it’s your job to make sure they picture you as a trusted advisor.
Confidence comes from studying your value proposition. You have to understand your value proposition. You also have to readily know what your value proposition has done in the workplace. That means knowing the stories and the case studies.
People are sold auditorily, visually, and kinesthetically. Tell your stories with passion, with conviction, and with numbers because people love numbers and percentages.
Don’t share numbers if they haven’t shared their stories and their challenges with you first.
Acquire
Don’t admire what other organizations and colleagues and sales leaders are doing. Acquire what they’ve been doing, and exceed the expectations you’ve set for yourself.
Instead of comparing your personal and professional life to the people around you, humble yourself and ask questions of those who achieved those levels of success. That will help you build a roadmap to success in all areas of your life.
“3 Tips to Improve Closing” episode resources
If you’d like to connect with Johnny-Lee, email him jlr@reinosoglobal.com.
If you’re a sales rep looking to hone your craft and learn from the top 1% of sellers, make plans to attend the Sales Success Summit in Austin, Tx, October 14-15. Scheduled on a Monday and Tuesday to limit the impact to the sales week, the Sales Success Summit connects sellers with top-level performers who have appeared on the podcast. Visit Top1Summit.com to learn more and register!
You can also connect with me at donald@donaldk4.sg-host.com or try our first module of TSE Certified Sales Training Program for free. This episode has been made possible with the help of TSE Certified Sales Training Program, a training course designed to help sellers in improving their performance. We want you guys to go out each and every single day to find more ideal customers and do big things.
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