Closing deals

peebles

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Apr 13, 2008
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UK
Hi,

I am really good at building relationships, building rapport, but can't seem to generate any sales!!!!

I do a few things but say for example, I sell designer clothes to a local clothes shop. The clothes are designed locally by an up and coming clothes designer and are really nice, great quality, slightly pricey - more than you would pay at M&S, but really nice products.

I get an appointment with them, they love the products and say they'll let us know when they want to buy some. But I want them to buy NOW!

Any tips?

Many thanks, Peebles.
 
C

Colin Parker

Best advice - ask them for an order.

The no.1 reason in the world why salesmen don't get an order is they never ask for one.

Just say "so you like my xxxxx"

Customer "yes they are great"

You "how many would you like to order"

I'm not saying everyone will order - of course they won't.

My point is most 'salesmen' never ask - closers always do.

Colin Parker
 
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Colin is spot on!

Not asking for an order is the biggest error many sales people make.

If they say 'no' ask them why? If they say they have to discuss with a colleague, confirm when you can call them to discuss the outcome.

Do not be pushy. Do be confident!
 
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T

Tw Installations

Hi,

I am really good at building relationships, building rapport, but can't seem to generate any sales!!!!

I do a few things but say for example, I sell designer clothes to a local clothes shop. The clothes are designed locally by an up and coming clothes designer and are really nice, great quality, slightly pricey - more than you would pay at M&S, but really nice products.

I get an appointment with them, they love the products and say they'll let us know when they want to buy some. But I want them to buy NOW!

Any tips?

Many thanks, Peebles.

I think asking for the order is a really good start but it might be that you have not signed off on an objection.

A good salesperson from these forums put it like this......

"Most sales processes can be split into 8-10 steps, some take a fair bit of time, others can be just seconds, and all will differ with each client. You need to make sure you address each step, in whatever order, otherwise at the end of the pitch when you ask for the sale the client will have an easy escape route which if you had closed it off earlier would never had cropped up.

This is the secret of direct sales, think of the whole process as walking down a long corridor with many doors leading off it, as the pitch progresses you close each door one by one, leaving the final door at the end with the £'s behind it, which you want the client to go through with yourself."

Also peebles, where is the "HURRY" most sales processes follow the:

TRUST - NEED - HELP - HURRY formula

You need to give your clients a sense of HURRY, if they dont buy now they will miss out on a great offer, or perhaps its a limited addition and the product wont be available to order in 2 weeks.

The fear of missing out on something is a huge motivator for people so it might be worthwhile working out some closes based on this

Hope this Helps
Tommy
 
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All good advice, couldn't have put it better myself.

I get an appointment with them, they love the products and say they'll let us know when they want to buy some. But I want them to buy NOW!

The question I would ask is are you giving them a reason to buy NOW?

IE "For an intial trial order our company is happy to waive our normal minimum order" or "We have a great offer today where you get an extra 10% off the whole order, how many items would you like?"

For your particular market I would have thought an exclusivity approach would be helpful, IE "Order £500 today and I guarantee no other store within 10 miles will be allowed to be a stockist" and so on, there are hundreds of ways to help your clients make a decision only limited by your imagination.
 
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oldeagleeye

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Peebles

I would go back to square one if I were you and come up with a better marketing strategy because no-one is winning with the one that you have now. The shop isn't gtiing something new to sell. The designer no order and you no commission. So where do we start.

Well any unknown fashion designer or even relatively small time public image wise would sruggle to sell especially at premium prices. The fact that you are prepared to hustle out there for them -presumably on a modest commission only basis is a win - win situation for the designer then for doing nothing themselves in the way of promotion.

That is my book simply isn't on. That designer has to give you some ammunition which makes for call toaction so that you can get to orders on the day and in my view we are talking .44 magnum here not an air gun pellet.

10% off for example ain't going to hack it when there are sales all along the high street. It has to be bogof or say free credit for up to 90 days.

Now I personally would favour the latter of those 2 options. A lot of the smaller shops don't have any credit facilities at all even though they have a decent enough credit history to get a merchant account.

That means that they would probably pass an invoice factoring test which in turn means the designer or you wouldn't have to wait 90 days - you get up to 95% cash value of the invoice in the bank the same week as the order. The designer could easily build that into her prices.

The bottom line Peebles is then instead of coming out with nothing you could be leaving each shop with a £500 - £1,000 order each time.

Rob
 
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patientlady

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Aug 25, 2009
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Hi,

I am really good at building relationships, building rapport, but can't seem to generate any sales!!!!

I do a few things but say for example, I sell designer clothes to a local clothes shop. The clothes are designed locally by an up and coming clothes designer and are really nice, great quality, slightly pricey - more than you would pay at M&S, but really nice products.

I get an appointment with them, they love the products and say they'll let us know when they want to buy some. But I want them to buy NOW!

Any tips?

Many thanks, Peebles.
Does sale or return work here? if they say buy part of the 'collection' they could have the remainder of the 'collection' on sale or return for say one week. If the sales are good for them they can either keep that section or return and then move on to another shop. Not sure if I have missed the point.
Mentioned above that yes you do need to ask for an order,but if you are asking because you need them to buy 'now' they will not!
 
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Hi
Im in the same predicament! Every client I speak to loves the quality of our print and display work, are usually happy with the quote but dont seem to give us the order cause of loyalty to there usual supplier. Does anyone have any ideas how to overcome this?????
 
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peebles

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Apr 13, 2008
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Blimey guys you are all absolutely brilliant!!!!!! Thank you so much for your input!

I don't ask them for an order - you're right.
I could definitely do a 90 day credit term on the basis of factoring, but will have to discuss that with the designer.
Sale or return.. not sure. we don't really want them back LOL! but it might help in the beginning to build up a relationship, they see the clothes sell, then there's no sale or return a bit later down the line.

Thank you so much. I'm going to print your comments and post them on my wall! (Sad I know, and don't tell anyone or my street cred will be well and truly over :) )
 
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patientlady

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Aug 25, 2009
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Hi
Im in the same predicament! Every client I speak to loves the quality of our print and display work, are usually happy with the quote but dont seem to give us the order cause of loyalty to there usual supplier. Does anyone have any ideas how to overcome this?????
Unfortunately this is part of the selling process. You need to get to the point where you ask for the order - 'The close'. But along the way you will need to 'trial close'. Previous to 'trial close, perhaps after your introduction, fact finding questions need to be asked like
Who are your current suppliers?
How long have you used them?
Are you happy with the delivery service?
Are you happy the the prices charged?

Trial close
So, if I could supply my print run in smaller quantities/ or quantity that suits you, would this interest you?
If I could and so on...?

From some of the above questions you will know how loyal the customer is, and customer loyalty is good. Its a positive. Use it! When he says I do not want to change due to customer loyalty. Your not asking them to change. Get your foot in the door with an introductory order. Just one print run could do it. They like your prices, they like your print & display work, he's taken the time out of his schedule to see you. They are not that loyal? eh
 
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oldeagleeye

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SE7. Every biz is different but to close the same principles apply. You need to emphasise a USP or two and tell the customer "If you buy now I can offer you a special deal"

So what is a USP in the print game. Better quality @ cheaper prices perhaps but they are not getting you over the customer loyalty hurdle so why try. You would want the customer to be loyal to you too - wouldn't you.

There is nothing wrong however in pointing out that having 2 print suppliers ensures promotions are kept fresh and that is ensential because the public and indeed B2B get bored seeing the same obvious work.

Let me give you a simple example. In my last pub we had a terrific karaoke act. It was fronted by a young 22 year old lady who was a really good singer and backed by her father who had been a professional Elvis impersonator on the cruise liners and even did a 6 month stint in Vegas. In short these guys had over £10K worth of equipment and could both sing along with any professional and here is the relevant bit. Our Posters outside and flyers all around the town reflected that and for 6-8 weeks we did really well as they pulled in the crowds. Then a distinct sense of not boredom - but the same old thing started to creep in.

Then one day about 6 o'clock in the evening a couple if young 18 year old sisters came into to see me . They said they were twins ( but I knew one was probably only 17 ) and had a karaoke act and would I give them a chance. I didn't have a chance to answer - these gals were aboslute stunning - charming and oozing confidence so much so there was a shriek of delight and they were out the door.

2 mins later they wheeled in what looked like a £50 quid amplifier/speaker. A small portable telly and a notebook obviously full of mp3 karaoke tracks.
In just a few mins they were set up and then came the first song and I realised that they were bloody awful.

Did the dozen or customers think so however. No. All they could see were 2 raunchy young birds up on the stage in mini-skirts singing their hearts out and having fun.

The next song was better so I got a lead out and pluged their kit into our own sound system which was pretty impresive. The next minute they sounded great and were down pulling up the customers. They in turn were having fun and were calling friends and telling them to get down there.

I'll tell you that normally boring Mon night ended up really rocking and rolling because these girls were a different type of act and so I booked them for every other Friday night.

The bottom line is that one week we had what were semi-pros and competitions for the serious karaoke crowd. The next the 'twins' who could get anyone up to sing & dance. Even me and I have to say I did a wicked duo with on of the girls with a rendition of 'Baby it's cold outside'
:rolleyes:

Chalk and cheese if you like and on the printing and posters we had to reflect this.

Where I previously only need one printer then now I needed 2 and because there were 2 they kept coming up with fresh ideas and that is your USP SE7.

After all. SE7 is as different as E9 is to SW10.

Use that to advantage.

Rob


Peebles. Sorry to go slightly off on your thread but I thought that as well as the general info you might want to have a word with SE7. He might - just might do you a couple of free sample posters for them there dresses of yours. Could do him good too with a credit at the bottom of a designer label in a trendy boutique. Now that is networking for you.
 
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oldeagleeye

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There you go Peebles. You don't ask outright you don't get.

Your've now got a couple of free posters on offer for your next foray out there. That itself is another usp and call to action.

Make sure they know however that "They are the only 2 and you don't usually do this but because they are are very special your throw them in free.:D

Then get you pen and order book and ask if they want a basic package of just 6 dresses or the full range of 12 for an extra 5% discount.:rolleyes:
 
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very good, but most time people are not interested. i think its important that you win the trust of your business partner. as soon as you have the customers interest and the ability to "close the deal", everything will be fine and you will top your bonus...
 
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oldeagleeye

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Quote.

very good, but most time people are not interested.

WHERE oh WHERE do these gems come from. Obviously from people that know little if anything about marketing. Time perhaps for a quick lesson in some fundementals. They are basically 3 types of products and please don't come back at me with others like those driven by advertising - greed etc. I am trying to keep this simple

There is the Impulse Buy that we all see at our supermarkets. That obiously doesnt apply to Peebles. There is the Intangible Buy such as say a life insurance policy or a pension. In other words it is a benefit that we can't actually see-touch or immediately benefit from. Now that is the real hard sell - but we are not anywhere near that in this case because we then have the NEED products.

We need to replace fridges & washing machines from time to time. That shop or boutique NEEDS to replace stock and so any sales representative is already over halfway there.

To say most of the time peole are not interested is absurd.

I think the problem Toni Toni has is one of culture. The language even in those few lines says to me Chinese where it seems everyone from that part of the world descibes the supplier/cusomer relationship as 'business partner' and the supplier needs to win the customers trust.

Too true when your being asked to send lots of money halfway around the world with seeing the goods. Where is the trust there then. Why not send the goods and give the customer 30 days to pay.

It is then quite often the other way around. The typical smallbusiness/shopkeeper enjoys little trust from suppliers. Has few credit facilities.

You don't have to win the retailers trust then Toni just show them some of yours or maybe as your in London and you are indeed Chinese get that messae across to the owners of businesses in China.

You would end up as Trade Attache at the Embassy in no time.

Rob
 
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A

Aspect Investments

Blimey guys you are all absolutely brilliant!!!!!! Thank you so much for your input!

I don't ask them for an order - you're right.
I could definitely do a 90 day credit term on the basis of factoring, but will have to discuss that with the designer.
Sale or return.. not sure. we don't really want them back LOL! but it might help in the beginning to build up a relationship, they see the clothes sell, then there's no sale or return a bit later down the line.

Thank you so much. I'm going to print your comments and post them on my wall! (Sad I know, and don't tell anyone or my street cred will be well and truly over :) )

I think you are in the wrong job my friend.

Not asking for their business? And now you want to give 90 days credit?

You will be bust within 12 months.

Either get some training in sales and business management, or start looking for a job in a factory.
 
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B

Business Evolution

Here are some magic words that have helped me a LOT in the past:
"Based on what you told me, the next step is X"
Where of course you replace X with "place an order of 5 units" ("to secure your franchise in this area"/"to make the most of this introductory price") or whatever.
 
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oldeagleeye

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And one by one the lambs follow the other to the slaughterhouse.

Come on now. A new young dedsigner aint going to get anywhere unless she gets some of her work in the shops and a following.

While at the same time the high street is struggling. Whats the designer got to lose. A week work providing 5 items as samples on 90 day credit for that initial order.

Out of vogue you say PL. To me allowing a bit of credit these days is a new initiative then.

As for Peebles. Yes she has a lot to learn EBA but I bet you didn't learn how to climb that greasy pole that is the body corporate overnight.

I rather suspect here she was trying to help a friend out anyway at first but now with a few tips and a few more constructive ones from members she may gain the enthusiasm to take a more professional approach.

Rob
 
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Hi
Im in the same predicament! Every client I speak to loves the quality of our print and display work, are usually happy with the quote but dont seem to give us the order cause of loyalty to there usual supplier. Does anyone have any ideas how to overcome this?????

Not giving you an order has abosolutely nothing to do with being loyal to their current supplier, if they were so loyal why would they hav bothere talking to you in the first place?

It has to do with as mentioned before, asking for an order, and giving them a reason to deal with you. Ask yourself if you have created any urgency in your sales pitch, ie: If you give me an order today I can deliver within 48hrs with no delivery charge etc etc etc.

I tend to use what is termed an assumptive close, I assume they are ordering and let the client bring any problems up, something as simple as "So shall I fill out the paperwork then?" normally does the job, the har part is ensuring they will say yes by ensuring they worries and concerns have already been addressed.

Selling is a real skill, very under estimated by most people, you constantly learn through the years, the best way to learn is to try. Good sales people are rarely out of work for long since they can sell themselves at an interview as well.
 
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patientlady

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While at the same time the high street is struggling. Whats the designer got to lose. A week work providing 5 items as samples on 90 day credit for that initial order.

Out of vogue you say PL. To me allowing a bit of credit these days is a new initiative then.

Rob
Hi Rob I hardly think offering 5 items as samples on 90 day credit as high risk, and had already suggested sale or return;)
I was being general, but a slapped wrist for me. I will try to be more specific in any future posts:)
 
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oldeagleeye

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Was only a bit of light hearted banter PL but I wanted to make the point because I know from personal experience it works and even if you don't have a highly professional set-up.

Fool that I am for example I bought my ex a boutique several years ago with the intention of specialising in hand knitted jumpers. These were initially to be designed by my mother who as well as being a professional seamstress was a wizard with a pair of knitting needles. Anyway to cut a long story short.

There is me thinking nice little earner for the wife - her own money and all that sort of thing and a nice little number for my mother. I mean what else could a wife and mother want.

It didn't work out that way unfortunately. There is my ex telling all the local shopkeepers and customers it was her business and my mother god bless her telling all and sundry it was mine. After 3 months of them being at each others throats I had really had enough. The ex would have to find her own supplier and my mother would go her own way.

I didn't tell the ex however that I would be going into London the next week with some of my mothers samples to punt around Chelsea & Kensington. The result. 2 trendy boutiques took 5 each on sale or return. If you can call it that.

While I was showing the kit off to the boutique owners every single garment was snapped up by customers and I had put a 150% margin on as retail because we hadn't even had a chance to discuss prices. The bottom lin withing 6 months ex had closed her boutique while my mother earned enough in that time to by a £30,000 holiday home at Clacton cash.

The punch line is that if you have something special you have got to get it out there. It's no good having a designer dress hanging on a dummy in a studio. It has to be on a manikin in the shop window and I have to say - even if you give the odd one or two samples away.;)

Rob
 
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daveashe

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Oct 3, 2009
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USPs are useless now in most markets with oversaturation.

You need to be a lot more savvy these days and provide a better experience.

As the guys said, ask for the sale, call to action!

Scarcity is a great motivator. Make sure that you offer a limited period, after that the price goes up / you have limited spaces and there is other customers waiting.
 
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Aspect Investments

Scarcity is a great motivator. Make sure that you offer a limited period, after that the price goes up / you have limited spaces and there is other customers waiting.

About 1% of the population may fall for that patter, but if you try that technique with most people you will never get a sale.

Here are some things that you need to do, and the reasons you need to do them.

1. Make an appointment to see the decision maker. If you are presenting to the decision maker, they cannot turn round at the end of the pitch and say, ive got to speak to my business partner, or my wife/husband/son etc.

2 Dress smart. Self explanatory.

3. Be friendly and smile. This will help to break down the "im here to sell you something barrier".

4. Get some common ground. For example, find out what they like to do when they are not at work, if they like going to the cinema, or sky diving talk about this. This will help you make friends with the potential customer. People buy from people they like, if they like you, you have more chance of closing the sale.

5 Ask open questions, not closed questions. This will help the conversation flow, there is nothing worse than watching a salesperson ask 20 or 30 closed questions, when they could have asked 2 or 3 open ones. Here is an example. Have you been on holiday this year? Closed question. Where have you been on holiday this year? Open question.

6. Fully qualify the customers needs. If you have qualified the customer correctly then you should know what is important to them, and what they are looking for. This will also help you overcome objections later when you ask for the business.

7. Take some time to demonstrate the product. People will not buy if they do not understand what they are buying. You will also create more obligation with the customer, the more time you spend on the demo.

8. Sell the benefits. Dont try to rush to the close. Explain the benefits of the product you are selling, and by purchasing this product why the customer is going to benefit.

9. Ask for the business. As mentioned earlier, a lot of salespeople to do not close a sale because they do not ask for the business.

10. Shut up. As also metioned earlier. When the customer has made the decision to buy, stop talking about the product. They have made the decision to buy so your job is done. All as you need to say is ok great I will get the paperwork, or the order book etc. Get them to sign the paperwork or the order. When they have signed you can talk about anything else in the world apart from the product. If they ask you a direct question about the product then by all means answer it, but this very rarely happens if you have done your job correctly.

11. Thank them for their business as you leave. This will let them know that you value their custom, which is a big part of customer service. If a customer feels that you dont give too hoots about their business they will take it elsewhere.

This is just scratching the surface of a sales pitch, there is loads more you can add to it, but if you follow these rules you wont go far wrong.
 
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About 1% of the population may fall for that patter, but if you try that technique with most people you will never get a sale.

I'll have to disagree, done correctly 85% of the population will use it to make a decision, done badly any technique fails.

I agree with the rest of your post, all commonsense and simple, simplicity is the key. Doing the simple things correctly is very complicated.
 
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Aspect Investments

I'll have to disagree, done correctly 85% of the population will use it to make a decision, done badly any technique fails.

If its true then it can certainly help to close a deal, an auction is a prime example of this, but 9 times out of 10 when a sales person says this is the last one, or this offer is for today only etc, its just a weak ploy to try and close a deal on a presentation that has not been done correctly.
 
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