Author: Ryan Tuckwood
Why would one person buy from you and not from a competitor who sells the exact same product at the exact same price? This often comes down to the psychodynamics of buying behaviours.
There are words you use every day that raise peopleβs sales defences subconsciously and could be killing your sales! Individually, these words might not seem like a lot. But when you compound these together throughout the course of your presentation it has the ability to change the natural response of your prospect.
So, we often hear (usually from our boss or colleague) βsay thisβ or βdo thatβ in sales, although what are you saying that could be killing your sale?
Weβve collated the βfamous fiveβ things that after working with over 5,000 sales companies & staff, we see again and again.Β
STOP SAYING THESE 5 & YOUR SUCCESS RATE TO CLOSE SALES WILL INCREASE:
1) βHOW LONG?β
If you are saying βhow longβ, for example, βhow long do you need to think about itβ, you have just elongated your sales cycle. Change this to βhow soon,β e.g. βhow soon would you like to take advantage of this opportunityβ.
The word βsoonβ allows your audience to think in the present, instead of the future.Β
2) βLOCK INβ
This is a common mistake, so many salespeople are guilty of saying, βletβs lock-in that appointment for youβ or βthat timeβs locked in.β Nobody likes to be locked into anything, but they do like to feel secure. Therefore, always replace the sentence βlock-inβ to secure. For example, βIβll secure that appointment in the diary for you nowβΒ
3) βCONTRACTβ
Unless you are legally obliged to say the word βcontractβ, do not say it. The correct phrase would be βagreementβ, as an agreement consensually made between two parties. This means that in a sales example, both parties have engaged in dialogue and come to the conclusion that you have both agreed on, resulting in a sale.Β
4) βPRICE/FEE/COSTβ
Have a look at your website & marketing collateral, are you using the terms price, fee or cost? This may seem strange but replace these terms for investment. Using the term investment will allow the audience to think of their ROI, instead of their expenditure. By purchasing a product or service from you, you are reinforcing that they are investing their money for a return.Β
Β 5) $$$
Letβs test something, say $997 out loud…
Did you say Nine Hundred and Ninety-Seven Dollars? If so, you need to change this. When reading dollar figures out to your client, always use the simple term, for example, nine-nine-seven. Never say hundred or thousand as the brain hears this term and responds to it differently.
To take this to the next level, use a minimiser before you deliver the amount, such as just, only, that comes down to etc. For example, βthat requires an investment of only $1,997 (one-nine-nine-seven)β
We hope this article has helped you understand the 5 things that could be stopping you closing sales. We hope that you have found this article of value to you and can assist you with how to close a sale. To learn more about how we can assist you with your sales pitch or taking your sales acumen to the next level you can read more about our proven methods of sales training, sales coaching, and sales courses.Β No matter if you are located in Sydney, Melbourne, Brisbane, Gold Coast or anywhere in the world, we are able to assist in providing the most innovative ethical sales training.
Related Tag: Sales Techniques Closing