Closing the deal is not the issue.
Jan Bultinck
Driving companies to achieve excellence. +25 years of B2B Revenue Leadership. Labrador. House Music aficionado.
Very often, people feel that great salespeople are the ones that "close" lots of deals. "He's a closer", he can push deals to signature.
I disagree.
The Domino Effect
Closing a deal is the end result of a chain reaction that was triggered at the beginning, and very much like the "force" that has put things in motion, in the beginning, it impacts - through all links of the chains and stages or momentum of your deal - the velocity or "ease of close". The easy ones? Those are those sweet deals that closed very quickly: the ones which were initiated by the customer/prospect themselves, where they were already convinced and needed your "stuff" is an easy one. But unfortunately, that doesn't happen too much.
Reality is a bit different, but there are ways to mimic these sweet slam-dunk deals. Think of The Domino Effect, where a small block triggers the large block to fall in the end. A very smart positioned, calculated, well-thought-off action results in a much larger effect later on. Typically, it is that kind of deal where you eventually knock on the door of your prospect, after having studied them well, grabbed their attention with a carefully constructed story that includes triggers that resonate with them, engage, make them think, (inter)act, discover proven value which then almost coincidentally move into a smooth landing with signature. In these kinds of deals, closing seems to be a formality.?And so it should, as your target is further down, towards onboarding, usage, impact, and growth.
Reculer pour mieux sauter
There is no excellent English translation for this French one-liner. In essence, it's about sometimes going back on your tracks to jump further. Can you relate to that?
Too often, you dive into the sales project without asking the right questions that can help you towards a smooth closing. You are the one person that makes it difficult (for yourself).
Imagine you would always ask these questions to your prospect/customer:
These questions do three things:
Asking these questions might include new conversation partners for you, open up the doors towards the decision-maker (as mentioned, the one with the signature is not always the decision-maker!) But on the other hand, a 'functional user' of your service or solution will not always be able to answer the questions above. So, if he/she answers that they need to ask someone, it is important that you include this last person in your conversation.
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The 9-meter jump
Now review the questions above again. Now imagine again that you:
It's not hard to think that you will be perceived as an adviser who understands the triggers, the items that can influence the results, the impact, even the careers of people and the organization at the other side of the table.
That's the 9-meter jump. Going that extra mile, take those steps back in order to jump further, not "having to close".
In my experience, this kind of conversation helped me to be "introduced downwards" into an organization by the right people, call them decision-makers if you want (but very often they were not signing contracts but very strong advisers within the organization). My next steps were simple: prove the value and collaboratively move towards a "kick-off" (call it: signature) of what we jointly agreed upon. With a focus on helping them further, onboard, use, and prove the value further up to even expanding.?That's quite different from "having to close."
Sales & Sales Managers - how to coach (yourself)
As said, your difficulty in closing is a result, a symptom of not managing the most valuable aspect of your sale properly. Closing is not a stage, it is a result of what happened before. You must "earn" the close. If you don't close (fast enough, smoothly enough), or when they are still objections: you didn't do a proper job before - mostly at the start of your sale.
To improve, and in order to coach yourself (or be coached) when you are already in your sales track - looking back, ask yourself these simple questions:
For sales managers: these questions should be answered throughout, every day, and not only at the end of the quarter.
I know this is sales basics 101, but very often in sales coaching, this is still forgotten.
Tell me, what are your thoughts?
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Key Account Manager @ TheValueChain | Owner @ Capricorni | Seasoned Sales and Sales Management Professional | Author | Knowledge-addict
3 年I almost would think you've read my book, Jan ;-) Great read, nothing but great thoughts and advice in there!