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This One Tip Helps Salespeople Close More Business

  
  
  

Dave Kurlan is a top-rated speaker, best-selling author, sales thought leader and highly regarded sales development expert.

doors optionsWhen attempting to close sales most salespeople have a tendency to use either a good/better/best, option A/option B, or price 1/price 2 method of proposing and/or presenting.  Everyone likes options, right?  Yes, people love options.  The only problem is that options prevent most people from being able to make decisions.  In their new book, Switch - How to Change Things When Change is Hard, Dan and Chip Heath provide statistical evidence that people, when presented with options, go into paralysis.  And the paralysis gets worse as the number of options increase.

Baseline Selling - How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball (2005), points to the importance of identifying the compelling reasons why someone, or some group, or some company would buy and buy from you.  It points to the importance of demonstrating your expertise and differentiating yourself from your competition by asking good, tough, timely questions.  It points to the importance of identifying whether the prospect is able to spend the money that solving their problem requires.  Those accomplishments provide the information for you to present a single, ideal, needs and cost appropriate solution.  If you are indeed an expert and you did ask the right questions and listened effectively, then there is only one possible ideal solution.  Present more than one and you cause a prospect to question your expertise.  Worse, you provide them with something to think about. 

Make your solution ideal, both in terms of it being needs and cost appropriate, with no options, and if you did what you were supposed to do throughout the sales process you will make it easy for your prospect to make a quick decision.

Speaking of books, Driven - A How to Strategy for Realizing Your Potential, written by my friend and the founder of Landslide, Razi Imam, was released today. I thought the book was really worth reading for some new perspectives on how you can improve performance and have a greater level of success.



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Posted by Dave Kurlan on Tue, Jul 13, 2010 @ 06:57 AM

COMMENTS

The other mistake we often see sales people make is failing to qualify the decision-making process. They get to the close only to find out there's a committee somewhere that needs to review your proposal. This of course only compounds the mistake you point out - if too many options cause paralysis for an individual, imagine what happens when those options are presented to a group. 
 
You're right - ask tough timely questions during the discovery process and you'll have all the compelling reasons you need to have the prospect buy and buy from you. If you feel you still need to provide options, save it for after the close when it's time to discuss payment terms. Option A: pay upfront and save 10%; Option B: pay quarterly and save 5%; Option C: pay monthly. But only discuss this after they commit to buy. Thanks Dave, great tip.

posted on Tuesday, July 13, 2010 at 8:12 AM by Mike Carroll


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