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ARTICLES
When Is a Close a Close?
by Anne Miller

Riddle: Four frogs are sitting on a log. Two
decide to jump off. How many are left on the log?
Answer: Four, because deciding to do something
is not the same as actually doing it.
The same riddle is applicable to everyone feeling
good about a closing at the end of a sales meeting -- it does not
mean the deal is closed. Closure happens only when the client agrees
to do something, which only then advances the sales process.
Research shows that one of the top reasons
salespeople don't close on a deal is because they have not clearly
thought out their "objective" for the call and the desired,
appropriate "action step" they want the client to take
at the end of the meeting (assuming a successful visit/call). Instead,
many reps simply go to "see" advertisers. Then they wonder
why a sales relationship isn't moving forward!
In Practice
What's an objective? An objective is a goal.
For example, I want my client "to understand the power of my
site/service, to understand the nature of his long-term online strategy."
Action steps are specific actions your client
agrees to take that indicate you have achieved your objective. For
example:
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Scheduling a second meeting
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Signing a contract
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Adding your site to a media list
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Giving you permission to say to a decision-maker
you are seeing later that the client endorses your site/service
Appropriate Action Steps
If you've just met the client for the first
time to introduce your site/service and to get a sense of the client's
goals and challenges, the appropriate next step might be for the
client to entertain a specific proposal at a second meeting. It
might be the client agrees to a test. However, it is not likely
to be the client agrees to a $25 million commitment.
Likewise, if you have had several contacts
with the client in person, on the phone, and via email, the appropriate
action step could very well be that the client agrees to that $25
million commitment.
Test Yourself
What would you say in the following scenarios
to close the call? Assume the conversation is winding down.
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Your client says, "Can we do a sponsorship?"
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The discussion has covered many topics
for more than an hour.
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Your advertiser seems undecided between
giving you the business and staying with his current media plan.
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Your advertiser has just said, "This
sounds great. I had no idea you had this kind of reach and responsiveness!"
Answers:
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If you simply said, "Yes," that
would not have been a close, because there is no client action
step. Appropriate, specific action steps could be, "If
that is available, do you want to book that?" or "Would
you like to do that?" Your client then has to commit or
decline.
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If you simply moved to the next step, "So,
should I put you down for X?" you might get a positive
response. However, given that the conversation has been wandering
all over for more than an hour, a more natural close would be
to a) summarize; b) get agreement from the advertiser; and then
c) close. For example, a) "We've covered a lot of ground
here. Sounds like you're interested in X, Y, and Z; b) Is that
right?" (Client: "Absolutely."); and c) "Great.
Then the next step would be for you to send us [X], and then
we'll have your ad up and running by Friday. OK?" (Client:
"Let's do it.")
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One way to help a client decide in your
favor and move forward is to acknowledge the positives of staying
with her current media plan and then to enumerate the longer
list of positives for adding your site to the plan. Your delivery
should be very matter-of-fact. "On the one hand, you like
X and Y with your current plan. On the other hand, you said
you liked A, B, and C with our site. Right?" (Client: "Yes.")
"So, doesn't it make sense to add us to the plan?"
(Client: "That does make sense. OK, yes I will.")
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If you simply said, "Great,"
then you didn't close. You only affirmed her enthusiasm. When
someone is obviously positive about your site and your proposal,
then you can be direct or assumptive in closing. For example,
"Great. Does this mean you would like to advertise?"
or "Great. When do you want to begin?"
He Who Says It, Owns It
The above notwithstanding, here's a very powerful
and respectful way to close out a sales call. Ask your clients what
they liked about what you both discussed as it applies to their
site. Expect some silences as your clients reflect on the recent
conversation. Typically, advertisers will say they liked some number
of features and benefits of your site. Whatever they say, their
remarks tell you how broadly your message was communicated and accepted.
If they omit what you think are key selling
points, gently remind, or ask, them about those. Often, they will
agree or indicate that those are not the most meaningful for them,
which can lead to a deeper discussion. When clients state the value
of your site, they believe what they say far more than what you
say the value is for them.
It is then very simple to say, "Great.
Then, when would you like to start?" or "Terrific. What's
our next step?" If they raise objections, that will be disappointing,
but the good news is that you are still there to deal with those
last lingering doubts, which, if you can neutralize them, allows
you to move the call forward to the next step.
Summary
A closing step is not a trick. It is the natural
outcome of a good client-centered sales conversation. Remember,
nothing happens until the client agrees to do something.

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