Saving the Lost Sale
There is a powerful technique you can learn called the “I Want To Think It Over Close.” This is the only way I know to save this kind of lost sale. You know by now that when the customer says, "I want to think it over," he is really saying "good bye." You know from your own experience that customers do not think it over. They do not sit there carefully studying your brochures and price lists with a calculator and a pen.
People Are Often Ready to Buy
On the other hand, as many as 50 percent of the people you speak to are
probably ready to buy at this point. They just need a little push. They
need some help. A buying decision is traumatic for them. They are tense
and uneasy, and afraid of making a mistake. They may be right on the
verge of saying "yes" and they need the professional guidance of an
excellent salesperson. But if you accept the "I want to think it over"
at face value and depart, you will probably never get a chance to see
them or to sell to them again.
Be Agreeable and Prepared
This is how you use it. When the prospect says, "I want to think it
over," you appear to accept it gracefully. You smile agreeably, and
begin packing your briefcase and putting your materials away. As you
do, you make conversation with these words: "Mr. Prospect, that's a
good idea. This is an important decision and you shouldn't rush into
it.” These words will cause the prospect to mentally relax. He sees
that you are on your way. His resistance will drop as soon as you stop
presenting and trying to sell, presenting and trying to sell.
Ask Curiously
You then ask, in a curious tone of voice: “Mr. Prospect obviously you
have a good reason for wanting to think it over. May I ask what it is;
is it the money?"
Remain perfectly silent, watching his face. Smile gently. Take a deep breath and let it out slowly. This is a critical moment.
Wait Patiently
Again, you have nothing to lose. If you leave, you have lost this
person as a prospect forever. The worst thing that he can say is that
he has no particular reason but that he still wants to think it over.
However, in many cases, he will reply by saying one of two things. He
will say, "Yes, I'm concerned about the cost." Or, he will say, "No,
it's not the money."
Probe the Answer
If he says that "Yes, it's the money," you immediately go into a series
of questions designed to deal with concerns about cost or price. You
ask things like, "How do you mean, exactly? Why do you say that? Why do
you feel that way? How far apart are we? Is price your only concern, or
is there something else?"
If he says that, "No, it's not the money," you reply by asking "May I ask what it is?"
Remain Silent
Again, you remain perfectly silent while you wait for his answer.
In many cases, he will think about it for a few seconds, even a minute
or longer, and then he will give you his final concern or objection. He
will finally tell you what is really on his mind. He will tell you the
real reason why he is hesitating about going ahead.
If you can now satisfy him on this final condition, you can go on to
conclude the sale. You can say, "Mr. Prospect, what if we could do
this...?" Or, "I think there is a perfect answer to that question."
Action Exercises
Here are two things you can do immediately to put these ideas into action.
First, memorize the words of this closing technique and practice it as
you would for a play or movie. Role-play this technique with someone
else if you can.
Second, use this technique as soon as possible, the very next time you
hear those words, “Let me think it over.” You can save sales that might
be lost forever.
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