10 Ways to Close More Sales Deals, Faster

COVID-19 accelerated the changes to the association sales process that were already taking place prior to the pandemic's arrival. As our business development teams work to improve our associations' bottom lines, closing sales in this new environment is increasingly important and challenging. Ryan Dohrn is a global sales and marketing advisor with a focus on events and media sales. The following article, 10 Ways to Close More Sales Deals Faster, originally appeared on Ryan's website and we are sharing Ryan's ideas with our PAR community.
Read below for 10 of Ryan's time-tested ideas on closing sales.
1. Present Options and Recommendations in the First Sales Meeting
Iâve said this before in the past, but I want to reinforce this simple fact: the conversion rate is 70% higher when you recommend a product. A full sixty percent of people make decisions based on FOMO, that fear of missing out.
So why it is that so many sales people go on a discovery meeting and then leave that meeting to create a customized solution and proposal?
In some instances, I get itâthis specialization that youâre trying to bring in front of your customers. But itâs hard enough to get meetings as it is, much less have to schedule a meeting, go to discovery, leave the meeting to create a proposal, come back and track the person down to present the proposal. Then after all that theyâve got to think about it. And then youâve got to track them down again.
You might say, âMy process is a lot more streamlined.â But I doubt it. Iâm here to be real with you.
So when Iâm on a sales call, Iâm ready to present options in that very first meeting. And I am ready to make recommendations and proposals on the spot.
2. Use Research to Your Advantage
If you want to move from the transactional selling that has been necessary during COVID to relational selling, youâve got to use research to connect more deeply with customers.
As I share in my sales training, I use tools to do this. LinkedIn is one obvious example. And some of us have LinkedIn Sales Navigator, and itâs a really great tool. Iâm also using a Chrome extension with a website called Crystal Knows (www.crystalknows.com). And the shortcut is that Crystal does virtual personality profiling. The extension syncs with LinkedIn when youâre in Chrome to pull up personality profiles and traits of the people that youâre looking at. This tool is not free, but itâs not expensive, either. And I use it all the time.
So, Iâm using research to connect more deeply with sales clients. Itâs called âbuilding quick trust.â And âquick trustâ must be built within 5-10 seconds. Youâre going to do that most effectively by having more information on the customer, their company, etc. So dig in on LinkedIn and make sure youâre prepared for all your calls.
I realize this is kind of 101, but are you actually doing it?
3. Ask Better Questions
Your questions simply have to be better. One of your main questions that makes me nuts and that I hear when Iâm doing sales training is this: âTell me more about your business.â Câmon, youâre better than that. Or âWhat keeps you up at night?â Okay, câmon, youâre better than that one, too. And then, âWhatâs your budget?â You can do better than that.
Those are three questions we do need to ask, but maybe ask them in a more vibrant kind of way so that we donât sound like every other salesperson thatâs calling on that customer.
Here are four that I really like to ask:
1. "When you agreed to meet with me, what business challenge or problem were you hoping that I could help you solve?â That is one of my absolute favorites.
2. âIf I could give you a magic wand that you wave, what would you want to see happen as far as our relationship goesâwhatâs your buy-in from me?â Or âIf I could wave a magic wand for you, what business challenge could I help you resolve?â
3. âWhen you think about competing here in our community and against others in your industry, do you want to be seen as having some sort of a presence out there? Do you want to be competitive? Or do you want to be dominant?â
And the reason this works for me is because, sure, I can ask them their budget for buying whatever product Iâm selling. But theyâre going to give me a number based on their reality.
Let me stress it again, when I ask this question and give them those three options, thatâs going to lead me towards a budget number thatâs based more in actual realityârather than simply their reality.
The other question I like to ask on a regular basis is,
4. âIf everything went perfectly, if our relationship was perfect, you buy the product Iâm selling, and then ⊠what do you want the end result to be? What would the perfect end result be for you?â
Or, more simply, you could say, âIf Iâm going to keep you for a lifetime as a customer, what do I need to do?â
I think those are just better questions than, âWhat keeps you up at night?â
4. Prepare Yourself to Talk About COVIDÂ
In-person events are returning, but COVID is still part of the conversation. Be prepared to talk about it.
Jot down the most common objections youâre going to get on one side of a piece of paper. And on the other side jot down what your answers are going to be. And be prepared for delays.
5. Revamp Your Proposal
Youâve got to think about revamping your sales proposal based upon the research that I hit on before. Let me give you two tidbits that might help motivate you to do this.
From our Sales Training World research, weâve found that when we looked at 1,200 pages of 100 different proposals that 79% of our test users simply scanned the proposal, and only 16% actually read it. So I think we sales pros need to remove about 50% of the text from our proposals.
Another telling find in our research is that nearly all of the most successful businesses we looked at had proposals that presented three pricing options.
And then, the last finding was that these successful businesses used proposals that were full of pictures and a wealth of examples.
So, be thinking of the research out there and revamping your slide decks, your capabilities decks, and these kinds of sales tools. And again, remember that only about 16% of people actually read what it is youâre putting in front of them.
6. Give More Than One Pricing Option
Why do I love three pricing options? I love three pricing options and I stress them in my sales training because if you give somebody one choice, itâs sort of a yes or a no. If you give them two choices, now youâre starting to get them thinking. But if you give them three choices, they will typically buy the middle option.
So you create your pricing and your proposals around the middle option.
To reiterate, present three pricing options. I want to see a good, better, best in almost every situation. Or a presence, competitive, dominantâor a gold, silver, bronze. Â However you word it, present three pricing options if you want to sell more.
7. Set a Very Specific After-Proposal Follow Up Plan
So youâre on the meeting (remember, I suggest you go there with a proposal), and youâve gone there ready to sell them somethingâask great questions, share testimonials, and show them what youâve got.
Then when the client says, âI need to think about it,â youâll be ready for that too, and youâll be ready to implement three steps, which are No. 1, tell them âLet me back up and in 48 hours check in.â
Then No. 2, if they need more time and 48 hours isnât enough, ask them, âIf you need more time, what are we going to do?â
And finally, No. 3, ask âWhat if we miss each other?â which is how I psychologically try to program my customers. âIf you stand me up for this date, then what?â
Itâs also worth noting that we need to be prepared for when their answer is âno.â Iâm not going to beat them up about it. But I might say, âIâd rather get a âyes,â but if itâs going to be no just tell me âno.ââ Or, âIf the timing isnât right, tell me ânoâ so I can quit bothering you.â
A very specific follow up plan that I stress in my sales training is: after I get finished with my sales call, I check back in 48 hours. So, consider these follow-up statements: âIf you need more time, letâs text about it.â âIf we miss each other, then what?â âWhat do you need?â And then, âIf the answer is no, tell me âno,â Iâm not going to beat you up about it.â
8. Talk About the Love You Have for Your Customers
A lot of times salespeople feel like they donât want to talk about their clients. But you have to.
In the land of COVID, stranger danger is real. People are more likely to buy from you if youâve helped other people be successful. Thatâs why Iâm always open to share and talk freely about my other clients.
Yet, in nearly every slide deck I see, in just about every proposal that I see, thereâs no mention of anybody else that we work withâour clients. Why is that?
âWell, you know, we really canât talk about other people,â many say. But stop. Weâre not talking about being unethical. Iâm talking about singing from the mountaintops.
Donât be afraid. Tell them how much you love your customers and how much they love you, and that theyâre going to love working with you, as well.
Go ahead and sing that love from the mountaintops.
9. Get Clear on the Path to Making a Decision
Some people will tell you to step It up in advance. I donât think itâs the appropriate thing to do. For example, âOkay, whatâs your timeline here?â âDo you have the authority to make this decision?â That reminds me of how we used to do things in the â80s. And most buyers donât respond to that.
But if I get to the end of the sales call, and theyâre showing excitement, theyâre giving me buying signals, I ask them, âSo what does your path to making this decision look like? âYou seem like you love this idea. Do you love it?â And if they say, âI love it,â then great. Iâll say, âSo whatâs your path to getting this approved?â and âWhat do you need from me?â
And then Iâll ask, âWhat do you think is going to be the biggest roadblock that youâre going to run across? What can I give youâvideo, can I reformat this slide deck for you, could I record the sales deck using a tool like Loom or Soapbox and give it to you to show your boss?â
A lot of sales trainers out there would say, âNever meet with anyone whoâs not the decision maker.â Well, thatâs easy to say if youâre not really responsible for selling anything.
I think we have to meet with people that are in the chain of command.
So remember to ask, âWhat do you need from me?â Get really clear on this with your clients and prospects.
10. Deal with It if Somebodyâs Answer is âNoâ
If youâre going to close more sales deals, youâre going to need to rock through them. If a customerâs answer is no, Iâm not going to beat them up about it.
A lot of times people will say, âNever give them the opportunity to say âno.ââ Okay, thatâs a copyright 1996.
You have to recognize that in todayâs world weâre having to resell people all the time. So if you really make them angry because you jump back down their throat when youâre in full-press sales mode ⊠if the answer is ânoâ or ânot now,â your answer should be something like, âWeâll get together and weâll work together at some point in the future.â
Some people will say, âWell, you never get a second chance to sell them.â I just donât agree with that. I feel like we have to resell these people over and over again.
If the answer is âno,â that just means ânot right now.â And actually, thatâs alright.
Rock through those deals.
In closing, rememberâI say it all the timeâif sales was easy, everybody would be doing it. And theyâre not. So weâre either crazy or weâve found careers that will feed our families for a lifetime.
Interested in Hearing More Great Ideas from Ryan?
Ryan joined PAR for our June 2021 Webcast, Return to Action: Develop and Deliver Event Revenue in 2021. In this idea-filled webcast on event sponsorship, Ryan showed PAR members how to integrate sponsors deeper into events and presented tangible steps for how to grow events and sales in a post-pandemic world. Interested in watching? Check out out webcast archive.
Ryan Dohrn, Global Sales and Marketing Advisor
Ryan Dohrn is a global sales and marketing advisor with a focus on events and media sales. He has had the unique opportunity to work with over 400 companies including several in the Fortune 500 like Disney, ABC TV, and John Deere. Ryan and his wife produce and sell sponsorships for 15 events per year. He is a best-selling business book author, Emmy winner, and has been featured in USA Today, on CNN and, on Forbes.com. His sales strategy ideas and training have impacted over half a billion dollars in sales. Ryan has entrenched himself in the sales and marketing business for over 30 years and still sells today! Learn more about Ryan at http://RyanDohrn.com