About Us Contact Us Submit a Profile Site Map
Back to Homepage How-to articles, a self-managed strategic planning process,and profiles of successful mainstream business owners How to succeed as a professional solution provider serving mainstream business owners and how to create strategic conversations among your peers Presentations, in person and via conference call, to enhance your members success while leveraging your membership and education budgets.

Exclusive articles, profiles of successful business owners we've interviewed, and do-it-yourself strategic planning resources Selected Newsletter Articles
Business Success Stories
B2B Peer Groups
Emerging professionals can benefit from our lifetime of experience marketing, selling, and delivering services to businesses up and down Main Street Mastermind Groups
Professional Resources
Effectiveness Strategies

We help organizations leverage their educational resources while enhancing the profitability of their members Leadership Development
Experience Exchange
Managing Differences

We also offer resources of value to everyone, from our article archives and Internet marketing tools to how to connect with your elected representatives Consolidated News Search
Global Internet Search
eBay's Most Popular Sales
Your Success Resources
Locate Congress @ Home
2,000+ Contributed Articles

Thanks for visiting one of our family of web sites!

Family Business Strategies
www.iBizResources.com
Family Business Mgmt.
Passing Down The Farm
B2B Peer Groups
Family Business Conflict
Family Business Leadership
Farm Insurance Agents
Family Bus. Accountants
Family Business Coaches
Family Business Insurance
Farm Accountants
Farm Estate Planners
Family Bus. Estate Planners
Effectiveness Strategies
Internet Mkt. Explained
Family Business Succession
Family Bus. Consultants
Small Business Marketing


©1999-Present www.iBizResources.com
® All rights reserved





How To Shorten The Selling Cycle And Reduce Buying Stalls


For Over a Decade, We've Experienced Optimum Effectiveness in Selling!

Copyright 2005 Doug Staneart

The main reason for buyer resistance and selling stalls boils down to one simple fact: the reasons for not buying are bigger to the prospect than the reason to buy.

If you sell an intangible product or service, it may be even tougher to close down a sale because your product or service is not something people can see, touch, or feel. So the reasons for your prospects to buy have to be vivid, logical, and emotional. There has to be a reason for them to buy NOW, or they’ll put off making the decision until later.

When you sit down with a prospect, ask a lot of questions about the prospect related to your product or service to get the person to tell you what is important in his/her life.

If you are selling a tangible product, you might ask questions like the following:

-- What do you like most about your current product?
-- What do you like least?
-- If you could change anything about the product you have now, what would it be?
-- Has any needs changed hat makes buying a new product different than the last time you bought (bigger family, etc.)?
-- Why do you want to buy a new product?

If you are selling an intangible product, then questions like the following might be more helpful?

-- At this point in your family/career, are you more concerned with getting ahead, security, planning for the future, creating a legacy, being esteemed by other, etc.?
-- Is that different from what your focus was two years ago? Five years ago? Ten years ago?
-- Where do you see yourself in three to five years?
-- What kinds of things have to be put in place to in order for you to accomplish what you have planned?

The answer to these and other questions may help you determine what is most important to your prospect. Now, just look to see what types of products/services you supply that can help the prospect get what he/she wants.

For instance, if you sell insurance, you have to realize that NO ONE wants insurance, but they may want the things that insurance provides like security. Or if you sell real estate or cars, the car or house may not be nearly as important to the prospect as the status that each may provide. So if during the questioning period, you find out that your prospect is most concerned about security for his/her family, then you’ll show the prospect how the policy you sell will give the family security, or the house you have in mind is resistant to forces of nature, or the car you sell just won Motor Trend’s safety award.

If you have a personal example of a sale you’ve made in the past that was able to get the thing that your new prospect wants by buying from you, then by all means, tell the new prospect about this success. Be specific. Use proper names, time, and location, and your prospect will begin to picture himself/herself having received that benefit as well.

During the close, give them options like, 1) buy this now, 2) wait a year, 3) wait five years, 4) wait ten years, etc. Shem how much they will miss out on if they wait (higher premiums, less return.) Show what might happen if circumstances change between now and the time they buy.

Give them options, and they will probably choose to buy now.

About the Author

Doug Staneart, doug@sales-leader.com, is CEO of The Leader’s Institute, www.sales-leader.com, specializing in sales training, public speaking, and team building training for individuals and groups. He can be reached toll-free at 1-800-872-7830.




By: Doug Staneart

Invest Your time ONLY With Highly Probably Prospects:

    That means, people who agree to buy from you - before you ever come face to face with them.

    Here is a 21st Century Sales Training Process that will teach you how to find, identify, and sell to the people most likely to buy your products and services!

    Sales training that is based on a study of Top Sales Performers. You'll learn the Sales Process that inevitably leads to Sales Success. Follow the steps of this proven, structured selling system, and you will close the majority of your prospects.

    Put the odds in your favor. Every step of the process is designed precisely to move prospects to a firm commitment, "Yes! I will buy—now".

    << Back to More Articles