{"id":9013,"date":"2011-07-01T07:11:58","date_gmt":"2011-07-01T12:11:58","guid":{"rendered":"http:\/\/37d57f8fa2.nxcli.io\/blog\/?p=9013"},"modified":"2011-07-01T09:57:43","modified_gmt":"2011-07-01T14:57:43","slug":"more-sales","status":"publish","type":"post","link":"https:\/\/www.marketingforsuccess.com\/blog\/sales\/more-sales\/","title":{"rendered":"Why Focusing On Closing Is Killing Your Sales"},"content":{"rendered":"<p>Dear Jeff, I&#8217;ve got this problem. I&#8217;ve been calling customers to follow up on quotes that I&#8217;ve given them and on prospects who have expressed an interest.<\/p>\n<p>They tell me they haven&#8217;t had time to look at the proposals or aren&#8217;t ready to&#8230;<!--more--> <img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-9038\" title=\"SmallBusinessSales5\" src=\"https:\/\/www.marketingforsuccess.com\/blog\/wp-content\/uploads\/2011\/07\/SmallBusinessSales5.png\" alt=\"\" width=\"150\" height=\"134\" \/>make a decision. The interest was supposedly there in the first place, but I only close 20 percent of interested people.<\/p>\n<p>Can you help me? -Sandra<\/p>\n<p>Dear Sandra,\u00a0Let&#8217;s start with a basic premise: If you&#8217;re closing only 20 percent of your opportunities, than 80 percent of the people you&#8217;re talking with aren&#8217;t buying.<\/p>\n<p>Eighty percent of your time is wasted. Here&#8217;s something to think about: If you only wasted 60 percent of your time you would double your income.<\/p>\n<p>If you&#8217;re focusing on improving your closing skills, you&#8217;re focusing on the wrong problem. Improve the quality of your &#8220;OPENING&#8221; skills, and you&#8217;ll close many more <a href=\"https:\/\/www.marketingforsuccess.com\/blog\/marketing-plans\/is-it-a-business-or-a-hobby\/\">small business sales<\/a>. Let me explain.<\/p>\n<p>You said, &#8220;The interest was supposedly there in the first place.&#8221; But there is a difference between having an &#8216;interest&#8217; and having a NEED. If your customers have a need, and they want to do something about it, they buy.<\/p>\n<p>If they don&#8217;t, there is no sale. In every sales opportunity you must know the following:<\/p>\n<p>* What is the customer&#8217;s situation or problem?<\/p>\n<p>* Why does the customer need your product or service?<\/p>\n<p>* Who are the decision makers?<\/p>\n<p>* How do they go about making decisions?<\/p>\n<p>* What is their financial situation?<\/p>\n<p>If you don&#8217;t have answers to each of these five questions the sale never closes.<\/p>\n<p>You may think you have an opportunity, but you don&#8217;t. It&#8217;s a mirage. You call every few days &#8211; or weeks &#8211; and are always told, &#8220;We&#8217;re still thinking.&#8221;<\/p>\n<p>30, 60 or 90 days later, after placing a dozen phone calls, you&#8217;re finally given the bad news, &#8220;Thanks, but we&#8217;re not interested.&#8221; Ask better questions instead of being in a hurry to have face-to-face meetings and create proposals, take more time to ask better questions.<\/p>\n<p>I teach my consulting clients how to ask qualifying questions, need development questions, and economic consequences questions over the phone so they can pre-qualify their prospects &#8216;before&#8217; they meet with them. If the prospect gives answers that match what you think they should be, it leads to an appointment and probably a small business sale.<\/p>\n<p>If the answers don&#8217;t measure up, there&#8217;s no reason for getting together. To make this work you&#8217;ve got to have great phone skills. The goal isn&#8217;t to have lots of face-to-face meetings. It&#8217;s to have meetings with interested prospects. Furthermore, the goal isn&#8217;t to create proposals. It&#8217;s to close small business sales.\u00a0So don&#8217;t be in such a hurry to create quotes and proposals.<\/p>\n<p>Ask questions to learn about their goals, dreams and desires. What problems do they have that you can help them solve? What keeps them up at night? Once you&#8217;ve gotten satisfactory answers to your questions, create your proposals and make your presentations.<\/p>\n<p>You&#8217;ll see fewer people, but will close a much higher percentage of them.<\/p>\n<p>And with your newly freed up time, you can get on the phone and look for more prospects.<\/p>\n<p>&#8211; Jeffrey<\/p>\n<table style=\"height: 159px; text-align: left;\" border=\"0\" cellspacing=\"8\" cellpadding=\"8\" width=\"450\">\n<tbody>\n<tr>\n<td width=\"450\" valign=\"top\" bgcolor=\"#ececec\">Reprinted with permission from &#8220;Jeffrey Mayer&#8217;s SucceedingInBusiness.com Newsletter. (Copyright, 2003 &#8211; 2005, Jeffrey J. Mayer, SucceedingInBusiness.com.) To subscribe to Jeff&#8217;s free newsletter, visit <a href=\"http:\/\/www.SucceedingInBusiness.com\" target=\"_blank\">www.SucceedingInBusiness.com<br \/>\n<\/a><br \/>\n<strong><a href=\"https:\/\/www.marketingforsuccess.com\/blog\/jeff-mayer\/\">About Jeffrey Mayer <\/a><\/strong> <a href=\"http:\/\/www.mfsstore.com\"><strong><br \/>\nRelated Resources<\/strong><\/a><strong><a href=\"https:\/\/www.marketingforsuccess.com\/blog\/author\/jmayer\/\"><br \/>\nMore Posts by Jeffrey Mayer <\/a><\/strong>To discover the easy and inexpensive ways <span style=\"text-decoration: underline;\">anyone can attract more clients and maximize their profits<\/span>, sign up for your<strong> <\/strong><strong><a href=\"https:\/\/www.marketingforsuccess.com\/free8-s.html\">FREE <\/a><\/strong><strong><a href=\"https:\/\/www.marketingforsuccess.com\/free8-s.html\">Profit Now <\/a><\/strong><strong><a href=\"https:\/\/www.marketingforsuccess.com\/free8-s.html\">Report<\/a>. <\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px; text-align: left;\"><a class=\"zemanta-pixie-a\" title=\"Reblog this post [with Zemanta]\" href=\"http:\/\/reblog.zemanta.com\/zemified\/620b22d1-5445-4845-875a-ebd638e620ef\/\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: medium none; float: right;\" src=\"http:\/\/img.zemanta.com\/reblog_e.png?x-id=620b22d1-5445-4845-875a-ebd638e620ef\" alt=\"Reblog this post [with Zemanta]\" \/><\/a><span class=\"zem-script more-related more-info pretty-attribution paragraph-reblog\"><script src=\"http:\/\/static.zemanta.com\/readside\/loader.js\" type=\"text\/javascript\"><\/script><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dear Jeff, I&#8217;ve got this problem. I&#8217;ve been calling customers to follow up on quotes that I&#8217;ve given them and on prospects who have expressed an interest. They tell me they haven&#8217;t had time to look at the proposals or aren&#8217;t ready to&#8230;<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[384],"_links":{"self":[{"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/posts\/9013"}],"collection":[{"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/comments?post=9013"}],"version-history":[{"count":0,"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/posts\/9013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/media?parent=9013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/categories?post=9013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketingforsuccess.com\/blog\/wp-json\/wp\/v2\/tags?post=9013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}