To achieve sales success, one cannot overlook sales closing techniques.
Closing is a combination of strategy, psychology, and finesse.
By mastering closing techniques, you can significantly boost your conversation rate.
The best sales are about more than just presenting facts; it's about building a connection that fosters trust and confidence.
What constitutes closing psychology?
Don’t send out emails where you pitch every single one of your products.
They may be great, but if your prospect is busy or receives dozens of emails every day, chances are they’re not even going to make it halfway.
Do your research and figure out exactly what their pain points are and how you can help them. That way, you can prove to them that they need you.
Take this template (which has an 81% open rate, BTW) as an example.
It’s short, highly personalized, and is targeting pain points.
With this close, you’re basically adding urgency to your offer.
Make sure your prospect knows that the offer on the table is limited and if they don’t act now, it’ll be gone soon.
Example: Don’t hesitate in getting back to me, {{FirstName}}. Our exclusive discount will only be available for 48 hours.
You don’t want your prospect to think you’re just another spam message offering things that aren’t real.
Don’t be afraid of adding a link to your work. Whether it’s a podcast, a YouTube video, an article, a LinkedIn post, or feedback from other clients.
Example: If you want to see how we can help you exactly, check out my most recent podcast on {{Topic}}.
This will prove you’re a real person and the best one at that to solve their issues.
When closing your cold email, you want to keep it very simple.
The reader shouldn’t have to do excessive thinking or wondering, so your CTA needs to be clear.
You've presented your pitch; now you obviously want a meeting.
This follow-up example includes a direct link to book a meeting with you.
Your prospect finishes reading, and if they are interested, they'll have a very clear next step.
Simple, direct, and 0 fuss.
Properly using closing techniques allows you to effectively align your solution with the prospect's desires and needs.
By studying their behavior and decision-making process, you can tailor your approach to maximize impact.
With your lemlist subscription, you can access plenty of multichannel campaigns directly from your dashboard. Plus, it's super simple:
Before closing your sale, you must lay a solid pre-sale foundation.
This means understanding your customers’ needs and pain points to formulate a strategy that resonates with them.
Engaging with key decision-makers requires both empathy and expertise.
When closing a sale, articulating the value of your product or service is paramount.
The use of storytelling and case studies can transform a mundane pitch into a relatable narrative that highlights the benefits of your offering.
Always remember that one size does not fit all.
Advanced sales closing techniques require a tailored approach, taking into account each customer’s unique scenarios and personalities.
Objections are an inevitable part of the sales process.
However, the difference between good and great sales reps lies in their ability to anticipate and skillfully navigate these objections.
These techniques are not just about countering objections but about embracing them as opportunities to further demonstrate the value of your offer.
When closing, creating a sense of urgency can compel prospects to act swiftly.
By understanding and leveraging the right triggers, you can encourage prospects to make timely decisions that align with their needs and your sales goals.
These techniques are designed to help sales professionals close deals more efficiently while maintaining the integrity of the sales process and the customer relationship.
Example: Last call, Peter… closing soon 🔒
Don't forget about our discussion in last week's meeting. The clock is ticking.
Sales automation tools and predictive analytics can revolutionize the way sales professionals close deals.
By integrating these technologies into the sales process, you can streamline operations, personalize approaches, and significantly improve your closing rates.
Learn how to start sending highly personalized (and automated) campaigns with this video! ⬇️
Automation tools simplify repetitive tasks, allowing sales reps to focus on building relationships and closing sales.
Meanwhile, predictive analytics provide insights that refine sales closing techniques, making them more effective.
Together, these tools create a formidable arsenal for any salesperson looking to excel in the modern marketplace.
After successfully closing a sale, the journey doesn't end there.
Ensuring an excellent customer experience post-close is crucial for fostering loyalty and securing repeat business.
You need to be aware of the customer's journey and maintain a consistent level of service.
The Ben Franklin Close, for example, involves listing the pros and cons with the customer to reassure them of their decision, while the Puppy Dog Close relies on the customer's attachment to the product post-purchase.
These techniques help in retaining customers and set the stage for future upsells and cross-sells.
Integrating these strategies into your sales processes can dramatically increase your ability to close deals faster and more efficiently.
From understanding the psychology of closing to leveraging technology for efficiency, the process of sales is ongoing and dynamic.
The sales closing technique involves a mix of interpersonal skills, strategic thinking, and the timely use of proven methodologies. Whether it's the sharp angle close to tackling complex objections or creating urgency with a time-limited offer, each technique has its place in the salesperson's arsenal.
Incorporating these best sales closing techniques will help you close more deals but also build lasting relationships with your clients.
It's about understanding your prospects' needs and desires and guiding them to the realization that your product or service is the solution they've been seeking.
Apply these techniques, refine your approach, and watch your sales performance soar.
Remember, the close is not just an end but a beginning to future opportunities and sustained business growth.
G2 Rating | Price | Best for | Standout feature | Con | |
---|---|---|---|---|---|
4.9 star star star star star | $30/mo $75/mo $2,999/mo | Large, distributed sales teams | AI evaluation precision, gamified KPIs | Lack of tracking system | |
4.6 star star star star star-half | Not publicly available | Sales operations and finance teams | Powerful configurability | Limited training resources and complex to navigate | |
4.4 star star star star star-half | Not publicly available | Mid-market and enterprise businesses | Comprehensive incentive management | Potentially high cost and steep learning curve | |
4.7 star star star star star-half | $15/user/mo $40/user/mo Enterprise: custom price | Complex sales structures and businesses of all sizes | Complex sales structures and businesses of all sizes | Steep learning curve | |
4.6 star star star star star-half | Not publicly available | Collaborative teams | Connected planning | Complexity and steep learning curve | |
4.6 star star star star star-half | Not publicly available | Companies with complex sales structures | Complex incentive compensation management (ICM) with high efficiency and accuracy | Complexity for smaller teams and potentially high costs | |
4.7 star star star star star-half | Not publicly available | Companies who want to automate commission calculations and payouts | Simplicity and ease of use | Lack of features like redirection | |
4.7 star star star star star-half | $30/user/mo $35/user/mo Custom: upon request | Businesses that need a comprehensive and user-friendly sales compensation management software | Ease of use and adoption | Lack of ability to configure the product based on user needs | |
4.8 star star star star star-half | Not publicly available | Companies with modern sales culture and businesses who want real-time insights | A built-in dispute management and real-time visibility | Users say it works slowly, customer support is slow | |
4.9 star star star star star | $30/user/mo $50/user/mo | Smaller sales teams | Powerful automation | Lesser user base and average user interface | |
4.7 star star star star star-half | Not publicly available | Companies with scalable needs | Automated Commission Calculations | Lack of filtering by date, no mobile app |
PRM Tool | Rating | Feature | Pro | Con | Mobile App | Integrations | Free Plan | Pricing |
---|---|---|---|---|---|---|---|---|
4.65 star star star star star-half | Org-wide alignment | User-friendly layout and database | Suboptimal as a personal CRM | square-check | Lack of tracking system | square-check | Team: $20/month Business: $45/month | |
4.7 star star star star star-half | Social Media Integration | Easy contact data collection | No marketing/sales features | square-check | Lack of tracking system | square-xmark 7-day trial | $12/month | |
4.75 star star star star star-half | Block Functions | High customization capability | Not a dedicated CRM | square-check | Limited | square-check | Plus: €7.50/month Business: €14/month | |
N/A | Open-source | Open-source flexibility | Requires extensive manual input | square-xmark | Limited | square-check Self-hosted | $9/month or $90/year | |
3.1 star star star | Simple iOS app | Ideal for non-tech-savvy users | iPhone only | square-check iOS only | Limited | square-xmark 1-month trial | $1.49/month or $14.99/month | |
3.6 star star star star-half | Smart Contact Management | Feature-rich and flexible | Reported bugs | square-check | Rich | square-xmark 7-day trial | Premium: $13.99/month Teams: $17.99/month | |
4.4 star star star star star-half | Customizable Interface | Customizable for teamwork | Pricey for personal use | square-check | Rich | square-xmark | Standard: $24/member Premium: $39/member | |
4.7 star star star star star-half | Integrated Calling | Integrated Calling | Too sales-oriented & pricey | square-check | Rich | square-xmark 14-day trial | Startup: $59/user/month Professional: $329/user/month | |
4.8 star star star star star | Business Card Scanning | Business Card Scanning | Mobile only | square-check | Limited | square-check | $9.99/month | |
4.45 star star star star star-half | 160+ app integrations | Comprehensive integrations | No free app version | square-check | Rich | square-xmark 14-day trial | $29.90/month or $24.90/month (billed annually) |
Capterra Rating | Free Trial | Free Plan | Starting Price (excluding the free plan) | Maximum Price (for the most expensive plan) | Best for | |
---|---|---|---|---|---|---|
4.5 star star star star star-half | square-check 14-day | square-check | €15/month/seat billed annually | €792/month/3 seats billed annually + €45/month for each extra seat | Versatility and free plan | |
4.2 star star star star | square-check 30-day | square-xmark But it offers reduced price to authorised nonprofit organisations | €25/user/month | €500/user/month billed annually (includes Einstein AI) | Best overall operational CRM | |
4.3 star star star star star-half | square-xmark | square-check Limited to 3 users | Comprehensive incentive management | €52/user/month billed annually | Small-medium businesses and automation | |
4.5 star star star star star-half | square-check 14-day | square-xmark | €14/seat/month billed annually | €99/seat/month billed annually | Sales teams and ease of use | |
4.1 star star star star | square-xmark | square-check Limited 10 users | $9.99/user/month billed annually | $64.99/user/month billed annually | Free plan for very small teams up to 10 |
CRM goal | Increase the sales conversion rate for qualified leads from marketing automation campaigns by 10% in the next 6 months. | ||||
SMART Breakdown | 1. Specific: It targets a specific area (conversion rate) for a defined segment (qualified leads from marketing automation). | 2. Measurable: The desired increase (10%) is a clear metric, and the timeframe (6 months) allows for progress tracking. | 3. Achievable: A 10% increase is possible based on historical data and potential improvements. | 4. Relevant: Boosting sales from marketing efforts aligns with overall business objectives. | 5. Time-bound: The 6-month timeframe creates urgency and a clear target date. |
Actions | Step 1: Refine lead qualification criteria to ensure high-quality leads are nurtured through marketing automation. | Step 2: Personalize marketing automation campaigns based on lead demographics, interests, and behavior. | Step 3: Develop targeted landing pages with clear calls to action for qualified leads. | Step 4: Implement lead scoring to prioritize high-potential leads for sales follow-up. | Step 5: Track and analyze campaign performance to identify areas for optimization. |
Outcomes | Increased sales and revenue | Improved marketing automation ROI | Marketing and sales alignment | Data-driven marketing optimization |