Closing the Deal
JACK
As I get deeper into social issues I am amazed at how closely they parallel personal problems. One of the greatest factors in solving problems, and closing deals, is an ability to finalize the issue. Specifically, great sales people know how to close. If you don’t close the deal then everything that you did leading up to it is pure waste. It’s like taking the ball to the two-yard line but not getting over the goal for a touch down. It really doesn’t matter how brilliant you were getting to that point. In the world of sales the closer is most valuable, and sometimes success depends on developing a few simple techniques. For example, your prospect says to you, “Your idea is great, but we just don’t have the budget for it.” There should be a momentary pause before you respond, “That’s too bad, but besides that what other problem is there for us to complete the deal?” It’s really amazing, but a very good question at the time. The first reason is the excuse, but when you ask what else is involved you get the real reason he is not ready to give you the order. Now you have a fighting chance to overcome the objection because you are dealing in reality. This simple device can be applied to your personal life. From “I am too tired to go out,” but besides that why don’t you want to go? “Well, I really have no desire to see that movie.” Take your time and apply the same technique to your sex life.
Another seemingly simple response from your target, “It sounds good, but let me sleep on it.” Believe it or not, there is an answer. It’s bold but it works. “Can you tell me what you will know tomorrow that you don’t know right now? This deal makes so much sense, let’s put it to work for you immediately.” A third way to make a deal when a prospect is on the fence, and making a decision for anybody is tough. Every instinct tells that person not to give you the order. Then it’s time to embellish the deal with more advantages. You will get better results if, at the earliest possible moment, you can go from being an adversary to being an associate. Figuratively, sit on the same side of the desk and never talk about his or your problem, but “our” problem. And, obviously, “our” solution.
Almost always you can cross the goal line if you are able to come up with additional benefits. In order to be a winner, one must create a sense of urgency, a belief in your target that he or she cannot do without accepting your offer – now.
In the world of politics I am continually frustrated by watching interviews. It is rare, but the best interviewer is one who asks the questions I would ask. I am still waiting for the final answer on the debate over the Iraq War. So many politicians will say, “We can only leave after we have achieved ‘victory’.” I would like to know what ‘victory’ means. I have yet to hear a clear definition.
We have previously written about the importance of being specific. I know of no deal that can be closed, or no answer that can be made unless it is specific and direct. Is everybody else as frustrated as I am, when a big-time anchor asks a tough question and the candidate never really responds to the question that is asked? Every so often we get a powerful interviewer who says, “Would you please answer my question?” It can be in matters as complex as world politics and as simple as “What kind of food do you want for dinner?” When your companion says, “I don’t know, what do you want?” Then you might say, “Do you prefer Italian or Chinese?” He blithely says, “It’s ok, I like them both.” How many people then say, “You know, you really didn’t answer my question.”
It’s amazing how each problem mirrors the other one. It can be as simple as “what are we going to eat,” or as complex as getting a contract for a major project that will help to raise your economic standards. Your enemies, your friends, will have greater respect when you’re able to state your case in specifics. Whether in politics, love or business, everybody really wants to know where you stand on the issues.
Communication is inspiration! Share your thoughts below.
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Victory in Iraq will be a self-sustaining democratic government that is our ally in the global war on Islamonazism. I’m surprised you did not know this.
Curious George 06/25/08 @ 9:30 amHi Hillary and Jack - another excellent post on an extremely important topic. All of us can benefit from your advice in every facet of our lives.
I write to respond to a point you made about being increasingly frustrated with interviews of politicians, and in particular, with the inability of the media to ask the right questions. I will give you an example. During the June 22nd edition of Meet the Press, Senator Lindsay Graham was a guest, and he repeatedly blasted Barack Obama for turning down public funds for his election campaign, when Obama had previously stated that he would accept the funds.
However, later in the interview, Senator Graham admitted that he had changed his position on off shore oil drilling - he was previously against it, but now he is is in favor of it. When asked why, he said that “4.00/gallon gas prices changed my view on this.”
Leaving aside the fact that off shore drilling will do nothing to lower gas prices, here was my frustration. Why did the interviewer let this go??? Why is it ok for Senator Graham to change his position on an issue, but it’s not ok for Obama? It’s amazing how we let people get away with criticizing others, when they display the same behavior themselves. As long as the media doesn’t hold people accountable, this will continue to happen. If they would actually listen to their guests’ answers, instead of waiting to ask their next question, it would help a great deal.
Scott 06/30/08 @ 12:58 pm