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and welcome to session No. 11
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and in this session
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we are talking about closing
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specifically
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powerful closing techniques that work in the real world
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so what we are doing our best to do
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is to show you what to say and exactly how to say it
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so prospects give you their money
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before I go on
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let me remind you about the actions
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from the last session
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it's very important that you complete all the actions
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session by session
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so in the last session
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we talked about practicing
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acknowledging everyone you come across
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you can acknowledge your spouse
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you can acknowledge your business partners
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you can acknowledge your prospects
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your clients
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your children
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just family members
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you can acknowledge people
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it's just a practice of acknowledging
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really helps in communication
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then make a list of 10 of your most common objections
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and the 10 most common objections could be
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I can't afford it
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it's too expensive
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it's not the right time
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what is it for you
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and we said
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also practice handling or resolving those objections
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using the formula that we shared with you
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which is to simply acknowledge
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ask a question
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seek the truth
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and keep repeating that
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keep acknowledge and ask a question
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if they haven't said a yes
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that means there are still objections
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if they haven't say yes to buying from you
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there's an objection
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so handle that also daily
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on a daily basis throughout this whole program
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put your numbers into the white cells
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of the dashboard
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this is so so important to track how you are doing
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what you are doing
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and what kind of results you are getting
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let me remind you about the sales process
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that we mentioned previously
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and where it fits in into this particular lesson
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remember the first part of the sales process
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is to identify your ideal prospect
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not everyone is a prospect or a client
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for your particular service or product
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so you must identify the right person
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so you can actually approach it the right way
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once you've done that
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you've got to know how to approach them
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and build rapport
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whether you're going to meet them in a live situation
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or whether you're going to meet them on zoom
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or video conference or on the telephone
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then you deliver your pitch
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at some point
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when they say
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what do you do
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deliver your pitch
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present what you have to offer to them
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then handle any objections they may have
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about your service that you're presenting
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once you've handled the objections
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you'll be able to get to a place we call pre closing
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or closing I'm gonna talk more about that in a moment
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and in the near future
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once you've done all that
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you can follow up when they become a client
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I'm going to talk about what is pre closing
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what is closing
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how do we do it
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so let's get straight into it
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you have to
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and it's always best to treat this new prospect
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as a new relationship
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I'm not talking about you're going to marry them
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but you've got to
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get them warmed up
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that other person warmed up in a way
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that you know what their answer is going to be
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or very close to what their answer is going to be
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so in this instance
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it doesn't look like this person has really
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either done his research or warmed up this part
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the other person asking the right questions
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or testing whether they are going to say yes
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and gets on his knees
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and she categorically is not interested
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we don't want that to happen to us in a cell situation
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however on the flip side
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what do we want
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we want them to be so amazed
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astonished that you are going to do all that for them
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you're gonna give them all of that
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you've taken the time to understand the prospect
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the client so much so they are ready to say what
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they are ready to say yes
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and it's all a question of timing
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it's all about timing
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if you ask for the sale too soon
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you'll probably get a no
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if you don't ask for the sale at all
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which some people do
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you'll get no business
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it's all about timing
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and I'm going to take you step by step through that
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the two parts we are going to talk about
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in terms of asking for their money
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so closing is all about asking
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for their money
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in other words
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we want them somehow to make a decision
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to transfer their money from their bank account
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to your bank account
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take it from their purse and put it into yours
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take it from their wallet and give it to you
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give you their credit card details
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send payment
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do something
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so the way we approach it is
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doing what we call a pre close for the sale
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and then we go in for the sale
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what's the difference between the two
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let me explain
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so when it comes to pre closing
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which is the very first part
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the way to look at it is this
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just as you wouldn't just meet someone
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maybe you've gone on a first date with them
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and that first date
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you're not going to ask for their handy marriage
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are you no but you are going to
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as we've done through the cells process
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ask the right
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ask questions
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ask questions
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act knowledge
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really have this conversation so much so one
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you know it's the ideal client for you
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because you've done all the research
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two you've been asking them questions
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you've been fact finding
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finding out exactly who they are
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what their challenges are
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and everything else
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you've handled all their objections
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so we want to get them more to a place where it
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they are very very warm
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very very warm
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we have a feeling they're gonna say yes
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but we don't know if they're gonna say yes
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but we have a feeling they're gonna get say yes
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but we want to get them there
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get them very very warm
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and then when it's very warm
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we get too hot
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and then ask for the sale so let
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so in pre closing
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we use something called a trial or a test close
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sometimes called a trial or a test close
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and in doing that
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what is a trial close is
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this is used to see how a customer feels about the sale
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or a particular feature
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whereas asking for the Nagoni
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for the close
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is asking for the business
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so the trial close asked for the customer's opinion
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not for the sale
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so we do the trial close first
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we seeking their opinions
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we seeking what they think
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what their thoughts are
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what their beliefs are
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whether they are following through on your presentation
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whether it makes sense
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and then the clothes is actually asking for the money
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but some people go straight down to the clothes
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they don't know what to say
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they don't know how to say it
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and it gets a bit funny
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they feel a bit strange
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but when you do a pre close
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which is the trial or test close
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you have an idea that they are much warmer
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and they more likely to say yes
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so let's look at this
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there are three parts to this
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one is as part of the sales process
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continue acknowledging and asking questions
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anything they say
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acknowledge it
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ask another question
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not as an interrogation
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but more as as inqui
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you're inquiring
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you're interested
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you want to know
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and you want to answer their questions
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so continue doing that
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that doesn't change
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get into the habits of doing that
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then as you do that
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we want to get closer to testing the water
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just as you know what it's like
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whenever you're going to walk into
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or jump into a swimming pool
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or go for a nice swimming pool swim
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you are typically
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most people don't just dive in
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head dive head in
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they don't do that
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most people
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test the water
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put their toes
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put their feet in the
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they test the water and think oh
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is this warm enough
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oh is this is this okay
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and then if they feel it's okay
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then they jump all in
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so just the same way
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we are going to seek the truth
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remember acknowledge
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ask questions
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seek the truth
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and then test the water
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how do we test the water
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well basically
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the way we test the water
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is we are going to ask closed
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ended questions
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so that they can say yes
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and the more yes is they can say to us
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we know that we are on the right track
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they are saying no
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then we've got to handle their objections furthermore
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but remember
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you are there to help this client
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you want them to have the best
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and if you have a great service
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then you have to help them
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but you are leading them in making a decision
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about buying from you
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buying from you in a way that they are totally happy
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and you are happy
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so it becomes a win win situation
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so let's have a look at this
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let me give you a couple of examples
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for pre closing questions
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in other words
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these are trial or test closed type questions
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so here you could
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once you feel things are a bit warmer
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and you want to move to asking for the money
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you can then do this test
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and here's a test you can ask questions like these
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these are closed ended questions
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for example
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are you looking forward to making that change
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or is this the kind of result you are looking for
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ideally they say yes
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or you may try a different type of question
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which could be
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can you see how this will work for you too
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yes that's what we want
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have I answered all your questions
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yes I think you have
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and if they say no
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then handle their objections
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let's see how this goes
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you may go from pre closing
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in other words a trial or test close
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back to handling objection
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back to trial or test close
287
00:10:45,666 --> 00:10:49,000
okay you may go backwards and forward a little bit
288
00:10:49,800 --> 00:10:52,533
but that's the idea behind the trial or test closed
289
00:10:52,533 --> 00:10:55,733
so that you know if you are ready to ask for the sale
290
00:10:56,833 --> 00:10:59,333
this is right for your business
291
00:10:59,333 --> 00:11:03,000
isn't it yes okay
292
00:11:03,233 --> 00:11:08,766
now once you've done the test close or the trial close
293
00:11:09,100 --> 00:11:11,433
remember is just to seek their opinion
294
00:11:11,533 --> 00:11:13,566
just to check that they are with you
295
00:11:13,566 --> 00:11:17,466
just to check that they are warm enough for them to
296
00:11:17,466 --> 00:11:18,000
for you to do
297
00:11:18,000 --> 00:11:19,100
to do the sale
298
00:11:19,100 --> 00:11:22,566
now then we're gonna move to asking for the sale
299
00:11:22,566 --> 00:11:23,566
or the order
300
00:11:24,233 --> 00:11:25,266
now at this place
301
00:11:25,266 --> 00:11:25,933
we should be
302
00:11:25,933 --> 00:11:26,900
they should have a
303
00:11:26,900 --> 00:11:28,733
they should be ready
304
00:11:29,066 --> 00:11:30,700
internally smiling
305
00:11:30,700 --> 00:11:33,700
internally happy that someone's gonna be servicing them
306
00:11:33,700 --> 00:11:35,100
and giving them a good
307
00:11:35,100 --> 00:11:36,800
good deal a good
308
00:11:37,066 --> 00:11:38,766
good offer someone's gonna look after them
309
00:11:38,766 --> 00:11:40,333
and that person is you
310
00:11:41,000 --> 00:11:47,700
so here are some examples for closing the sale and
311
00:11:49,266 --> 00:11:51,933
if you're following our methodology
312
00:11:51,933 --> 00:11:52,966
our formula
313
00:11:53,066 --> 00:11:55,066
nothing still nothing changes
314
00:11:55,566 --> 00:11:57,366
you're still going to acknowledge them
315
00:11:57,366 --> 00:11:58,266
ask a question
316
00:11:58,266 --> 00:11:59,066
acknowledge them
317
00:11:59,066 --> 00:12:01,500
ask a question right the way through
318
00:12:01,666 --> 00:12:04,466
so even with the closing
319
00:12:05,233 --> 00:12:07,133
people still think you need
320
00:12:07,133 --> 00:12:08,933
or do I need special technique
321
00:12:09,233 --> 00:12:11,966
yeah there are many closing techniques you can use
322
00:12:11,966 --> 00:12:14,466
I'll give you two or three in a moment
323
00:12:14,833 --> 00:12:17,566
but as long as you are present to that client
324
00:12:17,566 --> 00:12:18,933
you know what they want
325
00:12:19,166 --> 00:12:21,900
then asking for the sale would be easier
326
00:12:22,533 --> 00:12:24,133
because you're just going to acknowledge them
327
00:12:24,133 --> 00:12:25,133
ask a question
328
00:12:25,233 --> 00:12:27,933
so let me give you a few examples anyway
329
00:12:27,966 --> 00:12:30,533
so this particular technique
330
00:12:30,533 --> 00:12:32,800
is called the alternative close
331
00:12:33,300 --> 00:12:36,600
and the alternative close simply assumes
332
00:12:36,966 --> 00:12:38,600
that you've got the sale already
333
00:12:39,200 --> 00:12:40,933
so assume you've got the sale
334
00:12:40,933 --> 00:12:43,766
and you're asking questions relating to the product
335
00:12:43,800 --> 00:12:45,366
or service options
336
00:12:46,133 --> 00:12:48,133
so what does that look like
337
00:12:48,400 --> 00:12:50,033
you may say something like this
338
00:12:50,600 --> 00:12:53,433
would you like it in blue or red
339
00:12:54,833 --> 00:12:59,300
or would you like it delivered on Monday or Wednesday
340
00:13:00,466 --> 00:13:04,866
or would you like to pay by visa card or Mastercard
341
00:13:05,566 --> 00:13:06,800
so these are an alternative
342
00:13:06,800 --> 00:13:07,933
so just give them
343
00:13:07,966 --> 00:13:10,166
typically I prefer to use
344
00:13:10,500 --> 00:13:13,366
give them one alternative
345
00:13:13,733 --> 00:13:16,033
don't give too many alternatives
346
00:13:16,600 --> 00:13:18,300
otherwise there's too many options
347
00:13:18,700 --> 00:13:20,100
and they become concerned
348
00:13:20,400 --> 00:13:22,500
so just another alternative to
349
00:13:22,500 --> 00:13:24,300
so they can compare and make a choice
350
00:13:24,400 --> 00:13:25,400
so if someone says to you
351
00:13:25,400 --> 00:13:26,566
I'd rather pay
352
00:13:26,566 --> 00:13:27,400
if they say
353
00:13:27,566 --> 00:13:28,100
when you say
354
00:13:28,100 --> 00:13:30,933
would you like to pay by visa card or Mastercard
355
00:13:30,933 --> 00:13:32,700
and they say Mastercard
356
00:13:33,333 --> 00:13:36,700
then you know they are ready to give you their money
357
00:13:36,700 --> 00:13:38,333
so now you can process it
358
00:13:39,500 --> 00:13:41,300
let's talk about the affordable clothes
359
00:13:41,300 --> 00:13:42,900
this one's slightly different
360
00:13:43,900 --> 00:13:46,000
this is where you structure the deal
361
00:13:46,233 --> 00:13:49,200
around the customer's ability to pay you
362
00:13:49,600 --> 00:13:51,400
so if through the objections
363
00:13:51,500 --> 00:13:52,166
they're saying
364
00:13:52,200 --> 00:13:53,300
it's too expensive
365
00:13:53,300 --> 00:13:54,600
I can't afford it
366
00:13:54,633 --> 00:13:56,866
then really look at it and say okay
367
00:13:57,366 --> 00:13:59,433
you may then come up with an affordable
368
00:13:59,733 --> 00:14:02,433
way of them being able to get into
369
00:14:02,600 --> 00:14:04,066
the service that you have
370
00:14:04,733 --> 00:14:08,266
you do this by finding out how much they can afford
371
00:14:08,666 --> 00:14:11,500
and then presenting them with a payment plan
372
00:14:11,533 --> 00:14:12,866
that is affordable
373
00:14:13,966 --> 00:14:16,700
so you may say something
374
00:14:16,700 --> 00:14:17,166
in a moment
375
00:14:17,200 --> 00:14:18,366
I'll give it to you
376
00:14:18,366 --> 00:14:20,966
but you could do this by spreading the payments
377
00:14:21,200 --> 00:14:25,133
or by taking less important elements out of
378
00:14:25,333 --> 00:14:26,700
what you have to offer
379
00:14:28,166 --> 00:14:31,833
and so you may say something like this
380
00:14:32,766 --> 00:14:34,500
based on your requirement
381
00:14:34,866 --> 00:14:37,166
we could split the costs into three
382
00:14:37,166 --> 00:14:38,833
equal payments for you
383
00:14:39,200 --> 00:14:40,966
would that be better for you
384
00:14:42,366 --> 00:14:45,233
excellent yes good or
385
00:14:45,233 --> 00:14:49,800
you could split the payments into 12 monthly payments
386
00:14:49,800 --> 00:14:52,800
whatever will make it affordable for them
387
00:14:53,400 --> 00:14:54,500
or it could be
388
00:14:55,066 --> 00:14:57,000
based on everything we've discussed
389
00:14:57,433 --> 00:15:03,366
I understand you're happy to make a sizable deposit
390
00:15:04,066 --> 00:15:05,100
50% deposit
391
00:15:05,133 --> 00:15:06,800
and then you want to pay the remainder
392
00:15:07,000 --> 00:15:07,800
over three months
393
00:15:07,800 --> 00:15:08,600
is that right
394
00:15:08,800 --> 00:15:10,533
okay great we can do that for you
395
00:15:10,533 --> 00:15:12,766
there's this is the affordable clothes
396
00:15:12,800 --> 00:15:15,866
so you may have a preceding question that may see
397
00:15:15,900 --> 00:15:16,766
you may say
398
00:15:16,766 --> 00:15:17,600
when they say
399
00:15:17,600 --> 00:15:20,200
oh it's it's too expensive
400
00:15:21,066 --> 00:15:22,166
you may ask the question
401
00:15:22,166 --> 00:15:23,100
you may say
402
00:15:23,300 --> 00:15:25,666
I understand that prices are concerned
403
00:15:26,666 --> 00:15:28,100
so what is your budget
404
00:15:28,133 --> 00:15:29,300
just out of interest
405
00:15:29,633 --> 00:15:31,100
and if they tell you their budget
406
00:15:31,433 --> 00:15:34,533
then maybe take that payment and split the rest
407
00:15:34,633 --> 00:15:37,066
that they can't afford at this moment in time
408
00:15:38,833 --> 00:15:39,933
let's have one more
409
00:15:39,933 --> 00:15:42,200
this is the checklist closed
410
00:15:42,200 --> 00:15:43,000
and for some people
411
00:15:43,000 --> 00:15:44,200
this works better
412
00:15:44,200 --> 00:15:45,666
there are literally
413
00:15:46,766 --> 00:15:50,066
there are over 100 different ways that you can close
414
00:15:50,066 --> 00:15:52,733
but don't be too obsessed about that
415
00:15:52,766 --> 00:15:55,300
don't be too obsessed about the technique itself
416
00:15:55,466 --> 00:15:58,300
but be obsessed by wanting to help them
417
00:15:58,300 --> 00:16:00,300
so let's look at the checklist close
418
00:16:01,033 --> 00:16:02,500
this is where you find out
419
00:16:02,500 --> 00:16:04,900
what your prospects needs are
420
00:16:05,166 --> 00:16:06,933
and you write them all down
421
00:16:07,133 --> 00:16:09,033
so as you go through your presentation
422
00:16:09,300 --> 00:16:10,800
you can see that they need this
423
00:16:10,800 --> 00:16:12,133
or they concern about this
424
00:16:12,133 --> 00:16:13,366
and you write them all down
425
00:16:14,500 --> 00:16:17,666
then as you describe your product or your service
426
00:16:17,700 --> 00:16:18,800
when you present
427
00:16:19,633 --> 00:16:21,700
you also ensure
428
00:16:21,766 --> 00:16:25,100
and you make it clearly evident to the client
429
00:16:25,100 --> 00:16:26,133
or the prospect
430
00:16:26,266 --> 00:16:27,800
oh he was concerned about this
431
00:16:27,800 --> 00:16:28,666
is that right
432
00:16:28,733 --> 00:16:29,566
okay good we
433
00:16:29,600 --> 00:16:30,400
our product
434
00:16:30,433 --> 00:16:32,133
our service covers that for you
435
00:16:32,133 --> 00:16:33,533
he was concerned about this
436
00:16:33,533 --> 00:16:35,733
okay and one of the challenges you mount is this
437
00:16:35,733 --> 00:16:36,533
is that right
438
00:16:36,666 --> 00:16:37,833
and you take it off
439
00:16:38,000 --> 00:16:42,200
the physical act of ticking the needs off
440
00:16:42,533 --> 00:16:45,266
your list is what is most convincing
441
00:16:45,733 --> 00:16:49,700
it causes a prospect to feel a psychological close
442
00:16:50,000 --> 00:16:51,000
that they feel all
443
00:16:51,000 --> 00:16:52,700
that someone's gonna really help them
444
00:16:52,700 --> 00:16:54,200
someone really understands
445
00:16:54,333 --> 00:16:55,900
and that someone is you
446
00:16:56,800 --> 00:17:00,766
so towards the end of your presentation
447
00:17:00,766 --> 00:17:02,566
or your clothes
448
00:17:02,766 --> 00:17:05,433
it may sound like this now
449
00:17:05,433 --> 00:17:08,266
let's take a moment to check off all your requirements
450
00:17:09,066 --> 00:17:10,300
I believe we have
451
00:17:10,300 --> 00:17:11,533
we have everything covered
452
00:17:12,000 --> 00:17:12,800
is that right
453
00:17:13,433 --> 00:17:16,966
so would you like to start this month or next month
454
00:17:17,633 --> 00:17:19,433
or would you like us to deliver it
455
00:17:19,733 --> 00:17:21,300
this week or next week
456
00:17:21,933 --> 00:17:24,533
so you can use the checklist close as well
457
00:17:25,100 --> 00:17:28,000
so that covers the
458
00:17:29,033 --> 00:17:31,266
this part in session No. 11
459
00:17:31,266 --> 00:17:34,500
so your home actions in this session is
460
00:17:34,500 --> 00:17:36,633
make a list of at least
461
00:17:36,633 --> 00:17:40,600
at least a minimum of five pre closing questions
462
00:17:41,066 --> 00:17:43,066
that you can start using
463
00:17:44,166 --> 00:17:47,500
make a list of five closing questions
464
00:17:47,666 --> 00:17:50,300
remember this is where you're asking for their money
465
00:17:50,533 --> 00:17:52,600
you're asking for a definitive
466
00:17:52,600 --> 00:17:53,800
you're ready to start
467
00:17:54,233 --> 00:17:55,766
okay so make 5
468
00:17:55,800 --> 00:17:56,933
a list of 5
469
00:17:56,933 --> 00:17:59,433
minimum of five closing questions you could ask
470
00:17:59,866 --> 00:18:01,166
and above all
471
00:18:01,166 --> 00:18:02,733
practice pre closing
472
00:18:02,733 --> 00:18:06,300
and closing with prospects or clients
473
00:18:06,433 --> 00:18:09,300
and if you are still looking for prospects or clients
474
00:18:09,433 --> 00:18:11,466
then reach out to a friend
475
00:18:11,466 --> 00:18:12,666
a business partner
476
00:18:13,866 --> 00:18:15,000
a family member
477
00:18:15,033 --> 00:18:16,666
and practice with them
478
00:18:17,000 --> 00:18:18,366
the essence
479
00:18:18,800 --> 00:18:22,233
or the people get the best results in sales
480
00:18:22,233 --> 00:18:24,166
are the people who actually practice
481
00:18:24,400 --> 00:18:25,766
so practice in advance
482
00:18:25,766 --> 00:18:30,400
before you get in front of any prospects or any clients
483
00:18:30,466 --> 00:18:32,066
they'll serve you well
31697
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